Barclays Reiterates Buy Rating for Zurn Elkay Water Solutions
Barclays maintains its optimistic outlook on Zurn Elkay with a $59 price target, a 16.76% upside from the current price.
Key Points
- Barclays reiterated its buy rating on Zurn Elkay Water Solutions with a target price of $59 as of June 30, 2026.
- Barclays's $59 price target implies 16.76% upside from Zurn Elkay Water Solutions Corporation's ($ZWS) current $50.53 share price.
- Shares of NYSE:ZWS traded at $49.92 on Wednesday, with a market cap of approximately $8.47 billion and a P/E ratio of 41.08.
- Insider buying activity included CFO Daniel Klun acquiring 2,276 shares on May 28, 2026, alongside other recent purchases by company insiders.
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Barclays has reiterated its buy rating on Zurn Elkay Water Solutions Corporation (NYSE:ZWS), with analyst William Grippin setting a price target of $59. This announcement was made on June 30, 2026, as shares of ZWS traded around $49.92 on Wednesday.
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Zurn Elkay Water Solutions Corporation Stock Up 5.2%
Shares of NYSE:ZWS traded near $49.92 on Wednesday. The company has a market cap of about $8.47 billion and a P/E ratio of 41.08, with a forward P/E of 26.22. Its beta stands at 0.82, indicating lower volatility compared to the market. Over the past 52 weeks, the stock has ranged from a low of $35.73 to a high of $53.76. The 50-day moving average is $49.28, while the 200-day moving average is $47.78.
$ZWS price target
Past daily closes and this analyst's 12-month price target. Not investment advice.
Recent Earnings
Zurn Elkay reported revenue of approximately $1.74 billion, with a revenue growth rate of 11.4%. The company posted an earnings per share (EPS) of $1.23, a net margin of 12.26%, and a return on equity (ROE) of 13.33%. The next earnings report is scheduled for July 28, 2026.
Insider Buying and Selling at Zurn Elkay Water Solutions Corporation
Recent insider activity at Zurn Elkay Water Solutions includes several purchases. Chief Financial Officer Daniel Klun acquired 2,276 shares on May 28, 2026. In April 2026, insiders George Moore, David Longren, Rosemary Schooler, Thomas Christopoul, and Peggy Troy each bought shares at an average price of $47.39.
Analysts Set New Price Targets
On June 30, 2026, Barclays initiated a buy rating with a $59 price target for Zurn Elkay Water Solutions. Other analysts have maintained similar positions: on April 23, 2026, RBC Capital maintained a hold rating with a $56 target, while Stifel reiterated a buy rating with a $59 target. The consensus target price is approximately $56.22, based on nine analyst opinions.
About Zurn Elkay Water Solutions Corporation
Zurn Elkay Water Solutions Corporation, headquartered in Milwaukee, Wisconsin, designs, manufactures, and markets water management solutions across the globe. Its product range includes water dispensing and filtration systems, water safety and control products, and flow systems products. The company serves a diverse clientele, including institutional, commercial, and residential markets, through a network of independent sales representatives and distributors. Led by CEO Todd A. Adams, Zurn Elkay employs around 2,600 people.
Bottom Line
Barclays' reiteration of a buy rating for Zurn Elkay Water Solutions reflects confidence in the company's market position and future prospects. With a robust market cap and steady earnings, Zurn Elkay remains a key player in the water management sector. As always, investors should note that analyst ratings are a snapshot based on current information and may not reflect future changes in market conditions.
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