Mueller Water Products, Inc. (MWA) Stock Price & Analysis

Mueller Water Products, Inc. (MWA) closed at USD 22.13 on Wednesday, October 28, 2026, down 1.38% on the day. The US market is currently closed (after-hours); this is not a live price.

The prior close was USD 22.44; the Oct 28, 2026 session ranged USD 21.92–22.6 on volume of 1,405,942 shares. Market capitalization is $3.46B, with a 52-week range of USD 20.9–31 (NYQ). Source: Nexqual, retrieved October 28, 2026 at 21:20 UTC.

Also available as compact Markdown for AI agents: nexqual.com/MWA.md

Key facts (MWA)

Financials (SEC 10-K; TTM = last four 10-Q/10-K quarters) (MWA)

USDFY2021FY2022FY2023FY2024FY2025TTM
Revenue$1.11B$1.25B$1.28B$1.31B$1.43B$1.48B
Gross profit$359M$364M$380M$459M$517M—
Operating income$132M$112M$127M$182M$261M$287M
Net income$70.4M$76.6M$85.5M$116M$192M$222M
EPS (diluted)$0.44$0.48$0.55$0.74$1.22—
Free cash flow$94.0M-$2.4M$61.4M$191M$172M$180M
Gross margin32.3%29.2%29.7%34.9%36.1%—
Operating margin11.9%8.9%10.0%13.8%18.2%19.4%
Net margin6.3%6.1%6.7%8.8%13.4%15.0%
Revenue growth+15.2%+12.3%+2.3%+3.1%+8.7%—
Cash + short-term investments$228M$147M$160M$310M$432M—
Total debt$452M$452M$447M$450M$452M—

Fiscal years end Sep. EPS is split-adjusted.

Valuation (price ÷ last four quarters, through Jun 30, 2026) (MWA)

P/E 15.5x · P/S 2.3x · EV/EBITDA 10.1x · EV/Sales 2.3x · P/FCF 19.2x · P/B 3.1x · FCF yield 5.20% · Earnings yield 6.43% · Dividend yield (paid, TTM) 1.25% · Buyback yield (TTM) 0.45% · Net cash $42.4M · EV $3.41B

P/E at fiscal year-ends: Sep 2025 21.0x, Sep 2024 29.4x, Sep 2023 23.3x.

Insider sales (SEC Form 4, open-market, last ~7 months) (MWA)

4 of 6 under a Rule 10b5-1 trading plan (scheduled in advance). Unplanned sales were timed by the insider.

Trade dateInsiderRoleSharesValue% of holdings sold10b5-1 planInsider type
2026-09-01Helms Todd P9,997$237K15.5%NoToo little history (no open-market trades in 2023)
2026-09-01Ortiz ChristineDirector550$13K1.8%Yes (adopted June 1, 2026)Too little history (no open-market trades in 2023)
2026-08-31Ortiz ChristineDirector12,048$292K28.1%Yes (adopted June 1, 2026)Too little history (no open-market trades in 2023)
2026-08-26Feyerherm Richelle R.VP, CAO and Corp. Controller3,000$75K19.2%NoToo little history (no open-market trades in 2023–2025)
2026-08-10McAndrew PaulPresident and CEO40,000$1.1M48.5%Yes (adopted May 11, 2026)Too little history (no open-market trades in 2023 or 2025)
2026-05-28Zakas Marietta EdmundsFormer Officer and Director54,254$1.4M9.6%Yes (adopted February 26, 2026)Too little history (no open-market trades in 2023–2025)

% of holdings sold = shares sold ÷ (shares sold + all holdings the insider reported on that Form 4, direct and through trusts).

Insider type follows Cohen, Malloy & Pomorski (Journal of Finance, 2012). An insider who traded the stock in the same calendar month in each of the past three years is a routine trader; one who traded in each of those years without such a pattern is an opportunistic trader. In their study, trades by opportunistic insiders predicted future returns and trades by routine insiders did not. Counts open-market purchases and sales only (SEC Form 4 codes P and S) by that insider in that company. Not investment advice.

Insider purchases (SEC Form 4, open-market, last ~7 months) (MWA)

3 purchases, $90K. Private placements, offerings, dividend reinvestment and employee stock purchase plan buys are excluded.

Trade dateInsiderRoleSharesValueAvg priceInsider type
2026-10-07Healy Brian C.Director1,376$30K21.75Too little history (no open-market trades in 2023)
2026-07-07Healy Brian C.Director1,183$30K25.33Too little history (no open-market trades in 2023)
2026-05-15Healy Brian C.Director1,166$30K25.75Too little history (no open-market trades in 2023)

Analysts (MWA)

Consensus Hold (mean 3.33 on a 1–5 scale), 6 analysts; mean target USD 27 (low 21, high 35).

Rating changes, last 120 days:

DateFirmActionRatingPrice target
2026-10-14OppenheimerTarget loweredOutperform$32 → $30
2026-10-09Goldman SachsTarget loweredNeutral$29 → $24
2026-09-17RBC CapitalDowngradeSector Perform → Underperform$30 → $21
2026-08-07RBC CapitalTarget loweredSector Perform$31 → $30

Total return (dividends reinvested) (MWA)

1Y (from 2025-10-29)5Y (from 2021-10-25)
Total return-12.9%+45.1%
S&P 500 (SPY)+13.6%+79.8%
Per year-13.0%+7.7%
Volatility (annualized)24.7%31.1%
Max drawdown-29.7% (Apr 2026→Sep 2026)-39.4% (Nov 2021→Sep 2022)

MWA earnings history and stock reaction

Results filedQuarterEPSConsensusSurpriseStock reaction
Aug 5, 2026Quarter ended Jun 30, 2026$0.50$0.39Beat +28.2%+1.8%
May 5, 2026Quarter ended Mar 31, 2026$0.40$0.37Beat +8.1%-0.3%
Feb 4, 2026Quarter ended Dec 31, 2025$0.29$0.26Beat +11.5%+1.3%
Nov 6, 2025Quarter ended Sep 30, 2025$0.38$0.34Beat +11.8%-8.2%
Aug 4, 2025————+4.0%
May 5, 2025————-6.9%
Feb 4, 2025————+17.3%
Nov 6, 2024————+6.2%

EPS as reported against the analyst consensus before the release; surprise uses the cent-rounded figures shown (in dollars when EPS and consensus have opposite signs). Stock reaction = close before the results to close after (the first close following a release after the bell or before the open).

MWA recent SEC filings (last 120 days)

FiledFormWhat it says
Oct 22, 20268-KOther material event
“Quarterly Dividend Increase On October 22, 2026, the Board of Directors ("Board") of Mueller Water Products, Inc. (the "Company") declared a quarterly cash dividend of $0.080 per share, an increase of approximately 14.3% from $0.070 per share. The dividend will be paid on November 19, 2026, to stockholders of record on November 9, 2026. Additional Share Repurchase Authorization On October 22, 2026, the Board also authorized the repurchase of up to an additional $300 million of the Company's common stock under its…”
Oct 13, 20268-KDirector or executive officer change, or pay arrangement; Regulation FD disclosure
“Chief Financial Officer Transition On October 12, 2026, Mueller Water Products, Inc. (the "Company") announced that Melissa Rasmussen will step down as the Company's Senior Vice President and Chief Financial Officer, effective as of the first business day following the date on which the Company files its Annual Report on Form 10-K for the fiscal year ended September 30, 2026 (the "Transition Date"). Ms. Rasmussen's transition and separation are not the result of any disagreement with the Company on any matter…”
Aug 6, 202610-QQuarterly report · period ended Jun 30, 2026
Aug 5, 20268-KQuarterly results

Source: SEC EDGAR. Quotes are the opening words of each item as filed; each form links to the filing. Insider Form 4 filings are listed in the insider sections.

MWA revenue by business segment (quarter ended Jun 30, 2026)

LineRevenueShare of totalYoY
Water Flow Solutions$215.3M54.4%-0.6%
Water Management Solutions$180.6M45.6%+10.3%
Total revenue$395.9M100%—

As tagged by the company in its SEC 10-Q / 10-K filings (XBRL).

MWA suppliers, customers and competitors (named in its 10-K)

RelationshipCompanySentence in the filing
SupplierJohnson Controls International plc (JCI)“We rely on successors to Tyco to indemnify us for certain liabilities and they may become financially unable or fail to comply with the terms of the indemnity.”
SupplierWells Fargo Community Investment Holdings“On December 22, 2020, we entered into a financing transaction with Wells Fargo Community Investment Holdings, LLC ("Wells Fargo") related to our brass foundry construction project in Decatur, Illinois under a qualified New Markets Tax Credit program ("NMTC").”
CompetitorFord (F)“The primary competitors for our service brass products are The Ford Meter Box Company, Inc. and A.Y.”

Quoted from the company's 10-K filed Nov 19, 2025.

MWA company outlook (results filed Aug 5, 2026)

Quoted word-for-word from the SEC 8-K results press release.

MWA analyst estimates and revisions

PeriodEPS estimate90 days agoChangeRevenue estimateAnalysts
Current quarter (ends Sep 2026)$0.38$0.40-4.8%$375.5M5
Next quarter (ends Dec 2026)$0.29$0.30-2.7%$323.6M5
Current fiscal year (ends Sep 2026)$1.56$1.48+6.0%$1.47B5
Next fiscal year (ends Sep 2027)$1.57$1.57+0.1%$1.51B6

MWA options: expected move

Options price a move of about ±7.9% (±$1.78) by Nov 20, 2026, which includes earnings on Nov 4, 2026. Over the last 8 reports the stock moved ±5.8% on average.

ExpirationDaysATM implied volatilityExpected move
Nov 20, 20262338.5%±7.9%
Dec 18, 20265133.8%±10.2%
Feb 19, 202711443.7%±19.6%
May 21, 202720528.2%±16.9%

30-day implied volatility 37.3% vs 19.1% realized over the last 30 trading days. Put/call ratio (volume) 0.04. Cboe delayed quotes (15 min). Expected move = at-the-money straddle.

Key Statistics (as of October 28, 2026 at 21:20 UTC)

PriceUSD 22.13
Change▼ 1.38% (down)
Previous CloseUSD 22.44
OpenUSD 22.6
Day RangeUSD 21.92 – 22.6
52-Week RangeUSD 20.9 – 31
Volume1,405,942 shares
Market Cap$3.46B
ExchangeNYQ

Technical Analysis (MWA)

Nexqual's technical model rates MWA "NEUTRAL" based on 2 bullish and 3 bearish signals across 127 daily candles, as of October 28, 2026 at 21:20 UTC.

Overall SignalNEUTRAL
RSI (14)44.1 (neutral)
vs SMA50Below (USD 22.75)
MACD-0.08 (negative)

Analyst Ratings (MWA)

Wall Street analysts rate MWA "Hold" based on 6 analysts, with a mean price target of USD 27 (range USD 21–35), per Nexqual as of October 28, 2026 at 21:20 UTC.

Consensus RatingHold
Analyst Count6
Mean TargetUSD 27
High TargetUSD 35
Low TargetUSD 21
Buy / Hold / Sell2 / 2 / 2

Earnings (MWA)

Next Earnings Date2026-11-04
EPS EstimateUSD 0.38
Revenue Estimate$375.51M

Recent Earnings History

QuarterActual vs Estimate
2026-06-30USD 0.5 vs est 0.39 ▲ beat
2026-03-31USD 0.4 vs est 0.37 ▲ beat
2025-12-31USD 0.29 vs est 0.26 ▲ beat
2025-09-30USD 0.38 vs est 0.34 ▲ beat

Source: Nexqual, October 28, 2026 at 21:20 UTC.

Financials & Fundamentals (MWA)

Total Revenue$1.48B
Revenue Growth (latest quarter, YoY)+4.10%
Gross Margin+38.07%
Operating Margin+23.95%
Profit Margin+15.02%
ROE+21.68%
Debt / Equity0.4
Current Ratio4.64
Total Cash$495.30M
Total Debt$452.90M
Free Cash Flow (last four quarters to Jun 2026, SEC 10-Q / 10-K)$179.60M (12.1% of revenue)

Source: Nexqual, October 28, 2026 at 21:20 UTC.

Financial Health Score (MWA)

Nexqual rates Mueller Water Products, Inc.'s overall financial health "Solid" across five dimensions, as of October 28, 2026 at 21:20 UTC.

GrowthSolid — Revenue +9% YoY (annual)
ProfitabilitySolid — Gross margin 38%, operating 19% (last 4 quarters to Jun 2026, SEC)
Balance SheetStrong — $495M cash and investments vs $453M debt (Jun 2026, SEC), net cash
Cash FlowSolid — FCF $180M (last 4 quarters to Jun 2026, SEC), 12% margin
EfficiencySolid — ROE 20%, ROA 11.4% (last 4 quarters, SEC)

Ownership (MWA)

Insider Ownership+1.09%
Institutional Ownership+102.90%
Shares Outstanding156.13M
Float154.82M
Short % of Float+5.49%

Source: Nexqual, October 28, 2026 at 21:20 UTC.

Leadership (MWA)

Mueller Water Products, Inc. is led by Paul McAndrew, President, CEO & Director, per Nexqual as of October 28, 2026 at 21:20 UTC.

President, CEO & DirectorPaul McAndrew
Senior Director of Investor Relations & Corporate DevelopmentWhit Kincaid
Senior Vice President of Operations & Supply ChainDarin S. Harvey

Major Backers & Investors (MWA)

Notable institutional backers of Mueller Water Products, Inc. include First Trust Advisors LP, First TRT Exch-Trd Fd. VI-First TRT SMID Cap Rising Dividend Achievers, Fiduciary Management, Inc., according to Nexqual as of October 28, 2026 at 21:20 UTC.

Active Investors

InvestorStake
First Trust Advisors LP3.91%
First TRT Exch-Trd Fd. VI-First TRT SMID Cap Rising Dividend Achievers3.88%
Fiduciary Management, Inc.3.78%
Fuller & Thaler Asset Management Inc.3.14%
Franklin Resources, Inc.3.06%
Capitol Series Trust-FullerThaler Behavioral Small-Cap Equity Fund3%

Index Funds (Passive)

FundStake
BlackRock16.45%
Vanguard Group11.91%
State Street4.05%
Geode Capital3.22%

Source: Nexqual, October 28, 2026 at 21:20 UTC.

From Mueller Water Products, Inc.'s Latest SEC 10-K Filing (filed 2025-11-19)

Key Strengths & Strategy (as disclosed to the SEC)

Legal & Regulatory Risks (Item 1A, quoted)

Source: SEC EDGAR 10-K, official filing. Curated by Nexqual.

Peers & Related Stocks

SymbolNamePriceChange
RRXRegal Rexnord CorporationUSD 161.09▲ 1.82%
GGGGraco Inc.USD 67.16▲ 1.05%
CRCrane CompanyUSD 198.42▲ 2.87%
GNRCGenerac Holdlings Inc.USD 201.34▲ 3.94%
WTSWatts Water Technologies, Inc.USD 342.87▼ 5.12%
INIOINNIO N.V.USD 18.35▲ 8.07%

Data source: Nexqual — market data, technical indicators, analyst consensus, earnings, SEC EDGAR filings. Last updated: October 28, 2026 at 21:20 UTC. This page is informational and not investment advice.

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