Asset Administration One Co. Ltd. boosted its holdings in Waters Co. (NYSE:WAT – Free Report) by 1.3% within the third quarter, Holdings Channel experiences. The institutional investor owned 22,984 shares of the medical devices provider’s inventory after buying an extra 291 shares through the quarter. Asset Administration One Co. Ltd.’s holdings in Waters had been value $8,272,000 as of its most up-to-date submitting with the Securities and Trade Fee.
Numerous different hedge funds have additionally purchased and bought shares of the enterprise. Linscomb Wealth Inc. boosted its holdings in Waters by 0.4% within the 2nd quarter. Linscomb Wealth Inc. now owns 7,841 shares of the medical devices provider’s inventory valued at $2,275,000 after buying an extra 34 shares through the interval. Johnson Funding Counsel Inc. boosted its holdings in Waters by 3.2% within the 2nd quarter. Johnson Funding Counsel Inc. now owns 1,084 shares of the medical devices provider’s inventory valued at $314,000 after buying an extra 34 shares through the interval. Summit Path Advisors LLC boosted its holdings in Waters by 3.0% within the 2nd quarter. Summit Path Advisors LLC now owns 1,170 shares of the medical devices provider’s inventory valued at $339,000 after buying an extra 34 shares through the interval. Retirement Methods of Alabama boosted its holdings in Waters by 0.3% within the 2nd quarter. Retirement Methods of Alabama now owns 13,087 shares of the medical devices provider’s inventory valued at $3,797,000 after buying an extra 37 shares through the interval. Lastly, Vontobel Holding Ltd. boosted its holdings in Waters by 1.4% within the third quarter. Vontobel Holding Ltd. now owns 2,782 shares of the medical devices provider’s inventory valued at $1,001,000 after buying an extra 39 shares through the interval. 94.01% of the inventory is at present owned by hedge funds and different institutional traders.
Wall Road Analysts Forecast Progress
A number of analysis analysts have commented on the inventory. Jefferies Monetary Group raised shares of Waters from a “maintain” score to a “purchase” score and raised their value goal for the corporate from $355.00 to $415.00 in a report on Tuesday, October eighth. Wells Fargo & Firm lifted their value goal on shares of Waters from $380.00 to $415.00 and gave the inventory an “chubby” score in a report on Monday. Barclays lifted their value goal on shares of Waters from $330.00 to $360.00 and gave the inventory an “underweight” score in a report on Monday. TD Cowen lifted their value goal on shares of Waters from $363.00 to $410.00 and gave the inventory a “maintain” score in a report on Monday. Lastly, JPMorgan Chase & Co. lifted their value goal on shares of Waters from $340.00 to $380.00 and gave the inventory a “impartial” score in a report on Monday. One analyst has rated the inventory with a promote score, ten have given a maintain score, three have given a purchase score and one has given a robust purchase score to the corporate. Primarily based on knowledge from MarketBeat, Waters at present has a mean score of “Maintain” and a mean goal value of $365.85.
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Waters Inventory Efficiency
NYSE WAT opened at $386.17 on Friday. The corporate has a 50-day easy shifting common of $345.80 and a two-hundred day easy shifting common of $327.56. The corporate has a fast ratio of 0.55, a present ratio of two.02 and a debt-to-equity ratio of 1.14. Waters Co. has a 12-month low of $246.35 and a 12-month excessive of $393.38. The agency has a market cap of $22.93 billion, a price-to-earnings ratio of 36.85, a PEG ratio of seven.50 and a beta of 0.97.
Waters (NYSE:WAT – Get Free Report) final posted its quarterly earnings outcomes on Friday, November 1st. The medical devices provider reported $2.93 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.68 by $0.25. The enterprise had income of $740.30 million through the quarter, in comparison with analyst estimates of $712.99 million. Waters had a web margin of 21.43% and a return on fairness of 49.93%. The corporate’s income was up 4.0% on a year-over-year foundation. Throughout the identical interval within the prior yr, the enterprise posted $2.84 earnings per share. On common, equities analysts forecast that Waters Co. will publish 11.67 EPS for the present yr.
About Waters
Waters Company offers analytical workflow options in Asia, the Americas, and Europe. It operates via two segments: Waters and TA. The corporate designs, manufactures, sells, and providers excessive and ultra-performance liquid chromatography, in addition to mass spectrometry (MS) know-how methods and assist merchandise, together with chromatography columns, different consumable merchandise, and post-warranty service plans.
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