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