Mueller Water Products director Healy buys $29,927 in shares

Mueller Water Products director Brian C. Healy acquired 1,376 shares of the company's common stock on October 7, 2026, investing a total of $29,927. The purchase occurred at a price of $21.7496 per share, coinciding with the stock trading near its 52-week low of $20.90, a decline of approximately 27% over the past six months. Market analysis suggests the stock may be undervalued, earning a spot on the list of Most Undervalued stocks.

With a PEG ratio of 0.30, the stock shows potential value considering its growth prospects. Healy's acquisition was conducted under a Rule 10b5-1 trading plan, adopted on February 11, 2026. Following this investment, Healy now directly owns 26,322 shares of Mueller Water Products common stock. Subscribers to InvestingPro gain access to eight additional exclusive insights about MWA, including information on the company's 11-year dividend growth streak, alongside comprehensive Pro Research Reports covering all critical investment factors.

Recently, Mueller Water Products reported fiscal third-quarter results surpassing Wall Street's expectations. The company reported adjusted earnings of $0.50 per share, exceeding the estimated $0.39 per share, and revenue of $395.9 million, outpacing the forecasted $391.89 million. Management highlighted that the quarter set records for sales, adjusted EBITDA, and adjusted earnings, prompting an upward revision of the full-year EBITDA guidance.

These financial achievements underscore Mueller Water Products' robust performance in the most recent quarter. This report was AI-generated and subsequently reviewed by an editor. For further information, please refer to the article's Terms and Conditions.