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)
- Last four reported quarters (through Jun 30, 2026): revenue $1.48B, net income $222M (15.0% margin), free cash flow $180M (SEC filings).
- Valuation: P/E 15.5x (avg 24.6x at the last 3 fiscal year-ends), EV/EBITDA 10.1x, net cash $42.4M.
- Insider open-market sales, last ~7 months: 6 Form 4 filings, $3.0M; 2 not under a Rule 10b5-1 plan ($312K); 0 by opportunistic insiders, 0 by routine insiders (three-year test, Cohen, Malloy & Pomorski 2012).
- Insider open-market purchases, last ~7 months: 3 Form 4 filings, $90K; 0 by opportunistic insiders, 0 by routine insiders.
- Analysts: Hold (mean 3.33 on a 1–5 scale) (6 analysts), mean target USD 27 (range 21–35).
- Total return with dividends: 1Y -12.9% vs S&P 500 +13.6%; 5Y +45.1% vs S&P 500 +79.8%.
- Next earnings: 2026-11-04, EPS estimate USD 0.38, revenue estimate $376M.
Financials (SEC 10-K; TTM = last four 10-Q/10-K quarters) (MWA)
| USD | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | TTM |
|---|---|---|---|---|---|---|
| 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 margin | 32.3% | 29.2% | 29.7% | 34.9% | 36.1% | — |
| Operating margin | 11.9% | 8.9% | 10.0% | 13.8% | 18.2% | 19.4% |
| Net margin | 6.3% | 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 date | Insider | Role | Shares | Value | % of holdings sold | 10b5-1 plan | Insider type |
|---|---|---|---|---|---|---|---|
| 2026-09-01 | Helms Todd P | 9,997 | $237K | 15.5% | No | Too little history (no open-market trades in 2023) | |
| 2026-09-01 | Ortiz Christine | Director | 550 | $13K | 1.8% | Yes (adopted June 1, 2026) | Too little history (no open-market trades in 2023) |
| 2026-08-31 | Ortiz Christine | Director | 12,048 | $292K | 28.1% | Yes (adopted June 1, 2026) | Too little history (no open-market trades in 2023) |
| 2026-08-26 | Feyerherm Richelle R. | VP, CAO and Corp. Controller | 3,000 | $75K | 19.2% | No | Too little history (no open-market trades in 2023–2025) |
| 2026-08-10 | McAndrew Paul | President and CEO | 40,000 | $1.1M | 48.5% | Yes (adopted May 11, 2026) | Too little history (no open-market trades in 2023 or 2025) |
| 2026-05-28 | Zakas Marietta Edmunds | Former Officer and Director | 54,254 | $1.4M | 9.6% | 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 date | Insider | Role | Shares | Value | Avg price | Insider type |
|---|---|---|---|---|---|---|
| 2026-10-07 | Healy Brian C. | Director | 1,376 | $30K | 21.75 | Too little history (no open-market trades in 2023) |
| 2026-07-07 | Healy Brian C. | Director | 1,183 | $30K | 25.33 | Too little history (no open-market trades in 2023) |
| 2026-05-15 | Healy Brian C. | Director | 1,166 | $30K | 25.75 | Too 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:
| Date | Firm | Action | Rating | Price target |
|---|---|---|---|---|
| 2026-10-14 | Oppenheimer | Target lowered | Outperform | $32 → $30 |
| 2026-10-09 | Goldman Sachs | Target lowered | Neutral | $29 → $24 |
| 2026-09-17 | RBC Capital | Downgrade | Sector Perform → Underperform | $30 → $21 |
| 2026-08-07 | RBC Capital | Target lowered | Sector 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 filed | Quarter | EPS | Consensus | Surprise | Stock reaction |
|---|---|---|---|---|---|
| Aug 5, 2026 | Quarter ended Jun 30, 2026 | $0.50 | $0.39 | Beat +28.2% | +1.8% |
| May 5, 2026 | Quarter ended Mar 31, 2026 | $0.40 | $0.37 | Beat +8.1% | -0.3% |
| Feb 4, 2026 | Quarter ended Dec 31, 2025 | $0.29 | $0.26 | Beat +11.5% | +1.3% |
| Nov 6, 2025 | Quarter ended Sep 30, 2025 | $0.38 | $0.34 | Beat +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)
| Filed | Form | What it says |
|---|---|---|
| Oct 22, 2026 | 8-K | Other 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, 2026 | 8-K | Director 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, 2026 | 10-Q | Quarterly report · period ended Jun 30, 2026 |
| Aug 5, 2026 | 8-K | Quarterly 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)
| Line | Revenue | Share of total | YoY |
|---|---|---|---|
| Water Flow Solutions | $215.3M | 54.4% | -0.6% |
| Water Management Solutions | $180.6M | 45.6% | +10.3% |
| Total revenue | $395.9M | 100% | — |
As tagged by the company in its SEC 10-Q / 10-K filings (XBRL).
MWA suppliers, customers and competitors (named in its 10-K)
| Relationship | Company | Sentence in the filing |
|---|---|---|
| Supplier | Johnson 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.” |
| Supplier | Wells 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").” |
| Competitor | Ford (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)
- “Guidance for Fiscal 2026 Adjusted EBITDA ATLANTA, August 5, 2026 - Mueller Water Products, Inc.”
Quoted word-for-word from the SEC 8-K results press release.
MWA analyst estimates and revisions
| Period | EPS estimate | 90 days ago | Change | Revenue estimate | Analysts |
|---|---|---|---|---|---|
| Current quarter (ends Sep 2026) | $0.38 | $0.40 | -4.8% | $375.5M | 5 |
| Next quarter (ends Dec 2026) | $0.29 | $0.30 | -2.7% | $323.6M | 5 |
| Current fiscal year (ends Sep 2026) | $1.56 | $1.48 | +6.0% | $1.47B | 5 |
| Next fiscal year (ends Sep 2027) | $1.57 | $1.57 | +0.1% | $1.51B | 6 |
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.
| Expiration | Days | ATM implied volatility | Expected move |
|---|---|---|---|
| Nov 20, 2026 | 23 | 38.5% | ±7.9% |
| Dec 18, 2026 | 51 | 33.8% | ±10.2% |
| Feb 19, 2027 | 114 | 43.7% | ±19.6% |
| May 21, 2027 | 205 | 28.2% | ±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)
| Price | USD 22.13 |
|---|---|
| Change | ▼ 1.38% (down) |
| Previous Close | USD 22.44 |
| Open | USD 22.6 |
| Day Range | USD 21.92 – 22.6 |
| 52-Week Range | USD 20.9 – 31 |
| Volume | 1,405,942 shares |
| Market Cap | $3.46B |
| Exchange | NYQ |
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 Signal | NEUTRAL |
|---|---|
| RSI (14) | 44.1 (neutral) |
| vs SMA50 | Below (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 Rating | Hold |
|---|---|
| Analyst Count | 6 |
| Mean Target | USD 27 |
| High Target | USD 35 |
| Low Target | USD 21 |
| Buy / Hold / Sell | 2 / 2 / 2 |
Earnings (MWA)
| Next Earnings Date | 2026-11-04 |
|---|---|
| EPS Estimate | USD 0.38 |
| Revenue Estimate | $375.51M |
Recent Earnings History
| Quarter | Actual vs Estimate |
|---|---|
| 2026-06-30 | USD 0.5 vs est 0.39 ▲ beat |
| 2026-03-31 | USD 0.4 vs est 0.37 ▲ beat |
| 2025-12-31 | USD 0.29 vs est 0.26 ▲ beat |
| 2025-09-30 | USD 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 / Equity | 0.4 |
| Current Ratio | 4.64 |
| 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.
| Growth | Solid — Revenue +9% YoY (annual) |
|---|---|
| Profitability | Solid — Gross margin 38%, operating 19% (last 4 quarters to Jun 2026, SEC) |
| Balance Sheet | Strong — $495M cash and investments vs $453M debt (Jun 2026, SEC), net cash |
| Cash Flow | Solid — FCF $180M (last 4 quarters to Jun 2026, SEC), 12% margin |
| Efficiency | Solid — ROE 20%, ROA 11.4% (last 4 quarters, SEC) |
Ownership (MWA)
| Insider Ownership | +1.09% |
|---|---|
| Institutional Ownership | +102.90% |
| Shares Outstanding | 156.13M |
| Float | 154.82M |
| 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 & Director | Paul McAndrew |
|---|---|
| Senior Director of Investor Relations & Corporate Development | Whit Kincaid |
| Senior Vice President of Operations & Supply Chain | Darin 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
| Investor | Stake |
|---|---|
| First Trust Advisors LP | 3.91% |
| First TRT Exch-Trd Fd. VI-First TRT SMID Cap Rising Dividend Achievers | 3.88% |
| 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 Fund | 3% |
Index Funds (Passive)
| Fund | Stake |
|---|---|
| BlackRock | 16.45% |
| Vanguard Group | 11.91% |
| State Street | 4.05% |
| Geode Capital | 3.22% |
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)
- However, we consider our proprietary information consisting of expertise and trade secrets relating to the design, manufacture and operation of our products to be particularly important and valuable.
- Expanding our systems and employee capabilities will allow us to improve our customer experience.
- Continue to seek, acquire, and invest in businesses and technologies that expand our existing portfolio or allow us to enter new markets.
- We will continue to evaluate the acquisition of strategic businesses, technologies and product lines that have the potential to strengthen our competitive position, enhance or expand our existing product and service offerings, expand our technological capabilities, leverage our manufacturing capabilities, provide synergistic opportunities, enhance our customer relationships or allow us to enter new markets.
Legal & Regulatory Risks (Item 1A, quoted)
- Any inability to protect our intellectual property or our failure to effectively defend against intellectual property infringement claims could adversely affect our competitive position.
- We may fail to effectively manage confidential data, which could harm our reputation, result in substantial additional costs and subject us to litigation.
- We are subject to a variety of claims, investigations and litigation that could adversely affect our results of operations and harm our reputation.
- We are subject to stringent environmental, health and safety laws and regulations that impose significant compliance costs. Any failure to comply with these laws and regulations may adversely affect us.
Source: SEC EDGAR 10-K, official filing. Curated by Nexqual.
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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.
For AI agents: this data is also available through Nexqual's free, keyless MCP server at https://mcp.nexqual.com/mcp; every result includes source_url, as_of and cite_as. More: nexqual.com/agents · llms.txt