Shashank Patel - Watts Water Chief Financial Officer

WTS Stock  USD 215.09  0.23  0.11%   

CFO

Mr. Shashank Patel is Chief Financial Officer of the company since July 2, 2018. Mr. Patel previously worked at Xylem Inc. from the time of its spinoff from ITT Corporation in 2011 until June 2018. While at Xylem, Mr. Patel served as Vice President, Finance for Xylem Applied Water Systems, Dewatering and the Americas Commercial Team from July 2017 to June 2018, Integration Leader for the Sensus business from August 2016 to June 2017, Vice President, Finance for Global Operations from April 2016 to July 2016, Interim Chief Financial Officer of Xylem from July 2015 to March 2016, and Vice President, Finance for the Applied Water Systems division from 2011 to July 2015 since 2018.
Age 63
Tenure 6 years
Address 815 Chestnut Street, North Andover, MA, United States, 01845-6098
Phone978 688 1811
Webhttps://www.watts.com

Latest Insider Transactions

2024-11-07Disposed of 4569 shares @ 209.1View
Patel also served in several leadership roles in finance, operations and engineering at ITT from 1996 until the spinoff of Xylem in 2011. Xylem is a global designer, manufacturer and equipment and service provider for water and wastewater applications.

Shashank Patel Latest Insider Activity

Tracking and analyzing the buying and selling activities of Shashank Patel against Watts Water stock is an integral part of due diligence when investing in Watts Water. Shashank Patel insider activity provides valuable insight into whether Watts Water is net buyers or sellers over its current business cycle. Note, Watts Water insiders must abide by specific rules, including filing SEC forms every time they buy or sell Watts Water'sshares to prevent insider trading or benefiting illegally from material non-public information that their positions give them access to.

Watts Water Management Efficiency

The company has Return on Asset of 0.1116 % which means that on every $100 spent on assets, it made $0.1116 of profit. This is way below average. In the same way, it shows a return on shareholders' equity (ROE) of 0.1778 %, implying that it generated $0.1778 on every 100 dollars invested. Watts Water's management efficiency ratios could be used to measure how well Watts Water manages its routine affairs as well as how well it operates its assets and liabilities. Return On Tangible Assets is likely to gain to 0.20 in 2024, whereas Return On Capital Employed is likely to drop 0.14 in 2024. At this time, Watts Water's Non Current Assets Total are comparatively stable compared to the past year. Non Currrent Assets Other is likely to gain to about 67.7 M in 2024, whereas Other Current Assets are likely to drop slightly above 30.5 M in 2024.
Watts Water Technologies has 298.3 M in debt with debt to equity (D/E) ratio of 0.17, which may show that the company is not taking advantage of profits from borrowing. Watts Water Technologies has a current ratio of 2.25, demonstrating that it is liquid and is capable to disburse its financial commitments when the payables are due. Note however, debt could still be an excellent tool for Watts to invest in growth at high rates of return.

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Watts Water Technologies, Inc. designs, manufactures, and sells products, solution, and systems that manage and conserve the flow of fluids and energy into, through and out of buildings in the commercial and residential markets in the Americas, Europe, the Asia-Pacific, the Middle East, and Africa. Watts Water Technologies, Inc. was founded in 1874 and is headquartered in North Andover, Massachusetts. Watts Water operates under Specialty Industrial Machinery classification in the United States and is traded on New York Stock Exchange. It employs 4597 people. Watts Water Technologies (WTS) is traded on New York Stock Exchange in USA. It is located in 815 Chestnut Street, North Andover, MA, United States, 01845-6098 and employs 5,100 people. Watts Water is listed under Industrial Machinery & Supplies & Components category by Fama And French industry classification.

Management Performance

Watts Water Technologies Leadership Team

Elected by the shareholders, the Watts Water's board of directors comprises two types of representatives: Watts Water inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Watts. The board's role is to monitor Watts Water's management team and ensure that shareholders' interests are well served. Watts Water's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Watts Water's outside directors are responsible for providing unbiased perspectives on the board's policies.
Diane Mcclintock, SVP, FP&A and Investor Relations
Monica Barry, Chief Human Resource Officer
Andre Dhawan, Chief Officer
Joseph Noonan, Director
Munish Nanda, President - Americas & Europe
W Kissel, Independent Chairman of the Board
David Dunbar, Independent Director
Ram Ramakrishnan, Executive Development
Joseph Reitmeier, Independent Director
Timothy MacPhee, Vice President Treasurer
Elie Melhem, President - Asia-Pacific, the Middle East & Africa
Jennifer Congdon, Chief Human Resource Officer
Robert Pagano, Chairman of the Board, President, Chief Executive Officer
Pagano CMA, CEO Pres
Christopher Conway, Independent Director
James Dagley, President Solutions
Shashank Patel, Chief Financial Officer
Michael Dubose, Independent Director
Merilee Raines, Independent Director
Louise Goeser, Independent Director
Kenneth Lepage, Chief Human Resource Officer, General Counsel, Company Secretary
Virginia Halloran, Interim Chief Accounting Officer
Diane CPA, Senior Relations
Jes Hansen, Independent Director

Watts Stock Performance Indicators

The ability to make a profit is the ultimate goal of any investor. But to identify the right stock is not an easy task. Is Watts Water a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.

Thematic Opportunities

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