MWA

Mueller Water Products (MWA) reported strong fiscal Q1 2026 results, with net sales rising 4.6% and adjusted EBITDA increasing by 13.5%, leading to raised fiscal 2026 guidance. For fiscal Q2 2026, MWA announced record-setting results, with net sales up 5.5% year-over-year and adjusted EBITDA up 15%, exceeding analyst expectations, and raised its fiscal 2026 adjusted EBITDA guidance. The company has declared quarterly dividends of $0.070 per share, payable in February and May 2026. Analyst ratings for MWA generally indicate a "Moderate Buy" consensus, with some firms reiterating "Hold" or "Sector Perform" ratings while others have upgraded to "Buy" or increased price targets. Despite strong earnings, a decline in operating cash flow and free cash flow year-over-year for the six-month period was noted. The company's stock performance in the past six months showed an 8.43% return, lagging the sector return of 11.82%. There has also been a recent shift in capital allocation focus towards acquisitions to expand its footprint.