Barclays Reiterates Buy Rating on ZWS
Barclays has reiterated its buy rating on ZWS, setting a $59 price target, a 18.19% upside from the current price.
Key Points
- Barclays reiterated its buy rating on ZWS with a $59 price target on June 30, 2026.
- Barclays's $59 price target implies 18.19% upside from Zurn Elkay Water Solutions Corporation's ($ZWS) current $49.92 share price.
- Shares of ZWS traded near $49.92 on Tuesday as institutional investors adjusted their positions.
- Insiders have been buying ZWS shares, with CFO Daniel Klun acquiring 2,276 shares on May 28, 2026.
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Barclays has reaffirmed its positive outlook on ZWS, maintaining a buy rating and setting a price target of $59. This decision was made by analyst William Grippin on June 30, 2026. Shares of ZWS were trading near $49.92 on Tuesday.
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Other Institutional Activity in ZWS
Institutional investors have been active in ZWS recently. BlackRock, Inc. increased its holdings by 293,149 shares, bringing its total to 24,026,421 shares valued at approximately $1.08 billion, a 1.2% increase. Conversely, Kayne Anderson Rudnick Investment Management LLC reduced its stake by 1,249,864 shares, resulting in a 10.3% decrease, ending with 10,850,567 shares worth about $486.5 million. Vanguard Portfolio Management LLC opened a new position with 8,856,306 shares valued at $397.1 million. Similarly, Vanguard Capital Management LLC also initiated a stake of 6,987,370 shares valued at $313.3 million. State Street Corp added 184,693 shares, a 3.4% increase, to hold 5,636,375 shares worth around $252.7 million.
Zurn Elkay Water Solutions Corporation Stock Up 3.9%
Shares of ZWS were trading near $49.92 on Tuesday. The company has attracted attention from both institutional investors and analysts, with various stakeholders adjusting their positions and outlooks.
$ZWS price target
Past daily closes and this analyst's 12-month price target. Not investment advice.
Insider Buying and Selling at Zurn Elkay Water Solutions Corporation
There has been notable insider buying activity at ZWS. On May 28, 2026, Chief Financial Officer Daniel Klun purchased 2,276 shares. Earlier, on April 15, 2026, several insiders, including George Moore and David Longren, bought shares at an average price of $47.39. These transactions were not planned under Rule 10b5-1.
Analysts Set New Price Targets
On June 30, 2026, Barclays initiated a buy rating on ZWS with a $59 price target. Previously, on April 23, 2026, RBC Capital maintained its hold rating with a $56 target, while Stifel kept its buy rating, also setting a $59 target. Baird maintained a hold rating with a $53 target. The consensus among analysts is a buy recommendation with an average target price of $57.83 based on multiple opinions.
Bottom Line
Barclays' reiterated buy rating for ZWS with a $59 target reflects continued confidence in the company's prospects. Institutional and insider activities suggest active interest in the stock. As always, it's important to note that these ratings and positions are based on past filings and may not reflect current conditions.
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