Northcoast Downgrades Watts Water Technologies, Inc (WTS) to a Neutral from a Buy

Watts Water Technologies, Inc’s recently made public that its 10% Owner HORNE TIMOTHY P unloaded Company’s shares for reported $1.69 million on May 28 ’25. In the deal valued at $241.85 per share,7,000 shares were sold. As a result of this transaction, HORNE TIMOTHY P now holds 0 shares worth roughly $0.0.

Then, Barry Monica sold 768 shares, generating $188,467 in total proceeds. Upon selling the shares at $245.40, the Chief HR Officer now owns 6,236 shares.

Before that, Barry Monica bought 768 shares. Watts Water Technologies, Inc shares valued at $188,464 were divested by the Officer at a price of $245.40 per share.

Northcoast downgraded its Watts Water Technologies, Inc [WTS] rating to a Neutral from a a Buy in a research note published recently. A number of analysts have revised their coverage, including Stifel’s analysts, who increased its forecast for the stock in mid April from “a Hold” to “a Buy”. Deutsche Bank began covering WTS with “Hold” recommendation on December 17, 2024. Northcoast revised its rating on November 04, 2024. It rated WTS as “a Buy” which previously was an “a Neutral”.

Price Performance Review of WTS

On Tuesday, Watts Water Technologies, Inc [NYSE:WTS] saw its stock fall -1.95% to $247.75. Over the last five days, the stock has lost -2.64%. Watts Water Technologies, Inc shares have risen nearly 33.39% since the year began. Nevertheless, the stocks have risen 21.86% over the past one year. While a 52-week high of $260.93 was reached on 07/10/25, a 52-week low of $177.59 was recorded on 04/09/25.

Levels Of Support And Resistance For WTS Stock

The 24-hour chart illustrates a support level at 245.60, which if violated will result in even more drops to 243.46. On the upside, there is a resistance level at 251.58. A further resistance level may holdings at 255.42.

How much short interest is there in Watts Water Technologies, Inc?

A steep rise in short interest was recorded in Watts Water Technologies, Inc stocks on 2025-06-13, dropping by 60607.0 shares to a total of 0.87 million shares. Yahoo Finance data shows the prior-month short interest on 2025-05-15 was 0.93 million shares. There was a decline of -6.95%, which implies that there is a negative sentiment for the stock.

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