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MWA Mueller Water Products Inc - Ordinary Shares - Series A

$24.02
$1.23
(5.40%)
Today
Closed $24.02
$0.34
(1.42%)
After Hours
EarningsNov 4
Mkt Cap$3.56B
Vol1.64M

About MWA

Mueller Water Products, Inc. engages in manufacturing and sale of products and solutions used in the transmission, distribution, and measurement of water. It operates through the following segments: Water Flow Solutions and Water Management Solutions. The Water Flow Solutions segment includes iron gate valves, specialty valves, and service brass products. The Water Management Solutions segment focuses on fire hydrants, repair and installation, natural gas, metering, leak detection, pressure control, and software products. The company was founded in 1857 and is headquartered in Atlanta, GA.
65

Bullish Sentiment

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$MWA Mueller Water adds $300M to buyback, lifts dividend 14.3% to $0.08. 🏢 Makes valves, fire hydrants and metering products for North American water systems 💰 $334.5M is now available for buybacks, about 9.6% of its ~$3.48B market value at the $22.28 close, 16:00 ET Oct 22, 2026 ⚠️ It is not an obligation: the company bought only $30.5M of stock in fiscal 2026, and June 30 cash of $495.3M sat against $452.9M of debt 📅 Next: Dividend of $0.08 payable November 19, 2026, to holders of record November 9, 2026 Source: SEC Form 8-K, Oct 22 + SEC Form 8-K, Aug 5
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$MWA 🔄 Mueller Water Products, Inc. expanded its stock repurchase authorization by $300 million and increased its quarterly dividend by 14.3% to $0.08 per share.
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Mueller Water Products announced a CFO transition, appointing Michael Morgan as Executive Vice President of Finance effective Oct. 28, 2024, with plans for him to become CFO around Nov. 19, following the company’s fiscal 2024 annual report filing. Current CFO Melissa Rasmussen will remain in her role through the filing and serve as an adviser until Dec. 31, 2024, to support the transition. Morgan brings more than 30 years of financial and operational experience. He currently serves as CFO of diversified industrial company Indicor, overseeing corporate financial strategy, capital allocation and portfolio optimization. Previously, he spent a decade at Labcorp as Senior Vice President of Corporate Finance and CFO of its Biopharma Laboratory Services and Diagnostics segments, and held leadership positions at The Timken Company and PerkinElmer. $MWA

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