WATER SECTOR L.T.P.

Will Watts Water momentum overcome headwinds? Water Sector LTP initiated coverage of Watts Water Technologies, Inc. (NYSE:WTS) on 9/10/25 when the stock price closed at $278.47.   On the day of its IPO, 8/21/86, WTS closed at $8.19 and has gained rather steadily over 39 years since, except for a short period of volatility from around October 2021 to late 2022. The stock has returned 18% on an annual basis over the past decade [source: Dividend Yield Theorist].   The upward cu

WMS thrives in a 'tepid' market, so far. Water Sector LTP initiated coverage of Advanced Drainage Systems, Inc. (NYSE:WMS) on 8/11/25 when the price was $131.11.   WMS’s all-time high price was $174.48 on 7/26/24, about a year ago. Then the stock declined and closed at $101.10 on 4/4/25, but rebounded to $147.29 as of the day of this report, 8/23/25.   Company With headquarters near Columbus, Ohio, WMS manufactures water drainage products, including plastic pipes (polypropyle