Look For Institutional Buying In Mueller Water Products Inc (NYSE: MWA)

Mueller Water Products Inc (MWA) concluded trading on Thursday at a closing price of $24.74, with 4.43 million shares of worth about $109.49 million changed hands on the day. Half year performance of the stock remained positive as price took a surge of 12.20% during that period and on May 08, 2025 the price saw a gain of about 4.65%. Currently the company’s common shares owned by public are about 156.66M shares, out of which, 153.24M shares are available for trading.

Stock saw a price change of -6.85% in past 5 days and over the past one month there was a price change of 8.41%. Year-to-date (YTD), MWA shares are showing a performance of 9.96% which increased to 49.49% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $17.09 but also hit the highest price of $28.58 during that period. The average intraday trading volume for Mueller Water Products Inc shares is 2.45 million. The stock is currently trading -2.80% below its 20-day simple moving average (SMA20), while that difference is down -3.76% for SMA50 and it goes to 5.53% higher than SMA200.

Mueller Water Products Inc (NYSE: MWA) currently have 156.66M outstanding shares and institutions hold larger chunk of about 103.82% of that.

The stock has a current market capitalization of $3.88B and its 3Y-monthly beta is at 1.26. PE ratio of stock for trailing 12 months is 27.03, while it has posted earnings per share of $0.92 in the same period. Its PEG reads 2.08 and has Quick Ratio of 2.49 while making debt-to-equity ratio of 0.55. Volatility of a stock is a metric used to know how much the price of that stock is under influence and for MWA, volatility over the week remained 5.89% while standing at 4.07% over the month.

Stock’s fiscal year EPS is expected to rise by 28.57% while it is estimated to increase by 8.51% in next year. EPS is likely to grow at an annualized rate of 13.00% for next 5-years, compared to annual growth of 12.98% made by the stock over the past 5-years.

Digging deeper we find that several firms have released their research notes about the support levels of the stock. Most recent of them is a note released by TD Cowen on August 09, 2024 offering a Hold rating for the stock and assigned a target price range of between $19 and $20 to it. Coverage by Oppenheimer stated Mueller Water Products Inc (MWA) stock as an Outperform in their note to investors on April 18, 2024, suggesting a price target of $19 for the stock. On August 04, 2023, Northcoast Downgrade their recommendations, while on May 05, 2023, TD Cowen Upgrade their ratings for the stock with a price target of $19. Stock get a Buy rating from Northcoast on November 21, 2022.

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