Zurn Elkay director Jacques Butler buys $99,993 in company stock
Jacques Butler, a director of Zurn Elkay Water Solutions Corp, acquired 2,016 shares of the company's stock on August 19, 2026, for $49.6 per share. This purchase, totaling $99,993, came shortly after the company's strong second-quarter performance in 2026, surpassing analysts' expectations with adjusted earnings of $0.50 per share and revenue of $491 million.
Zurn Elkay's market capitalization stands at $8.1 billion, with a price-to-earnings ratio of 30.38. After the insider transaction, Mr. Butler now directly owns 37,487 shares of the company's common stock. The purchase was officially reported in a Form 4 filing with the Securities and Exchange Commission on August 21, 2026. ZWS's financial health is excellent, as indicated by its perfect Piotroski Score of 9.
The company is among over 1,400 US equities with detailed Pro Research Reports, providing actionable insights. Stifel has maintained a Buy rating on Zurn Water Solutions, with a price target of $62. The company is focusing on niche markets valued between $100 million and $200 million, aiming to capture a market share of 10% to 15% within two to three years.
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