Insider Trading March 13, 2026

Watts Water Technologies Director Disposes $100k in Shares; Analysts Split on Valuation

Director Michael J. Dubose sold 332 Class A shares as the company readies a March dividend and receives mixed analyst treatment

By Caleb Monroe WTS
Watts Water Technologies Director Disposes $100k in Shares; Analysts Split on Valuation
WTS

Director Michael J. Dubose sold 332 shares of Watts Water Technologies Inc. (WTS) on March 12, 2026, for roughly $100,164. The transaction leaves him with 2,212 shares of Class A stock. The sale occurred as the shares traded near $303 and the company moved forward with a scheduled quarterly dividend. Analysts have issued a range of ratings and price targets while InvestingPro flags the stock as overvalued versus its Fair Value estimate.

Key Points

  • Director Michael J. Dubose sold 332 shares on March 12, 2026, at $301.7 per share, totaling about $100,164; he now directly owns 2,212 Class A shares.
  • Watts Water Technologies is trading near $303.28 with a market capitalization of $10.11 billion and a 48% total return over the past year.
  • The company declared a quarterly dividend of $0.52 per share for Class A and Class B stock, payable March 13, 2026 to holders of record as of February 27, 2026.
  • Analyst actions vary: KeyBanc upgraded to Overweight with a $340 target; TD Cowen raised its target to $275 and kept a Hold; RBC Capital initiated with Sector Perform at $288, citing operational advantages.

Director Michael J. Dubose executed a sale of 332 shares of Watts Water Technologies Inc. (NYSE: WTS) on March 12, 2026, at a price of $301.7 per share, producing gross proceeds of approximately $100,164. After the disposition, Dubose directly holds 2,212 shares of the companys Class A Common Stock.

The transaction occurred while the stock was trading at $303.28, implying a market capitalization for Watts Water Technologies of $10.11 billion. Over the last 12 months the share price has returned 48% to shareholders. However, InvestingPros analysis indicates the shares are currently trading above its Fair Value estimate.


Separately, the company has set a quarterly cash dividend of $0.52 per share applicable to both Class A and Class B Common Stock. That dividend is scheduled for distribution on March 13, 2026, to shareholders of record as of February 27, 2026.

Recent analyst activity has been notable for its divergence. KeyBanc upgraded Watts Water Technologies from Sector Weight to Overweight and assigned a price target of $340.00, citing a compelling outlook for 2026. TD Cowen raised its price target to $275.00 from $250.00 while maintaining a Hold rating, pointing to the companys strong pricing and effective capital deployment. Meanwhile, RBC Capital initiated coverage with a Sector Perform rating and a $288.00 price target, highlighting competitive advantages such as broad code-driven specifications and vertical integration.

These moves leave market participants with a mix of signals: a meaningful insider sale, a declared dividend payment cycle, a pronounced one-year return, and varied analyst views on upside and valuation. Investors assessing the company will find direct data points on insider holdings, a forthcoming dividend payment, and multiple price targets from respected coverage sources, as well as a note from InvestingPro regarding valuation relative to Fair Value.


Because the record date for the dividend was February 27, 2026, and the dividend distribution date is March 13, 2026, the timing of the insider transaction on March 12, 2026 sits immediately ahead of the payout date. The reported facts above are limited to the disclosed transaction, market data, dividend schedule, and the cited analyst commentary and valuation assessment.

Risks

  • InvestingPro analysis indicates the shares are overvalued relative to its Fair Value estimate, presenting valuation risk to investors.
  • Analyst coverage displays divergent opinions and price targets, which reflects uncertainty in near-term consensus on upside and could affect market expectations.
  • An insider sale was reported, changing disclosed insider holdings and adding an element of uncertainty about insider liquidity decisions.

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