MUELLER WATER PRODUCTS (MWA)
Industrials · NYQ
Price as at 1 Oct 2026, 22:48 UTC. Quotes are delayed.
Fundamentals
Valuation and ratings
MUELLER WATER PRODUCTS trades at $21.50, which is 95% below the $42.03 our fair value estimate puts on the business. On that measure alone it screens as undervalued, though a valuation model is an argument rather than a measurement, and the market is frequently right about why something is cheap.
Our moat model scores it 51 out of 100, which is a moat, but not a deep one. A moat is a structural reason competitors cannot take the profits away, and it matters more to a long holding period than any single quarter's numbers do.
It changes hands at 18.8 times earnings. Be careful reading that in isolation: for a cyclical business a low P/E arrives at the top of the cycle, when profits are peaking and about to fall, which is exactly when the shares look cheapest and are not.
MWA dividend history
Dividends per share by year
| Year | Total per share | Payments |
|---|---|---|
| 2026 (year to date) | $0.210 | 3 |
| 2025 | $0.271 | 4 |
| 2024 | $0.259 | 4 |
| 2023 | $0.247 | 4 |
| 2022 | $0.235 | 4 |
| 2021 | $0.223 | 4 |
| 2020 | $0.214 | 4 |
| 2019 | $0.206 | 4 |
| 2018 | $0.200 | 4 |
| 2017 | $0.160 | 4 |
| 2016 | $0.110 | 4 |
Split-adjusted amounts in the listing currency, grouped by the calendar year of the ex-dividend date, from the filed record. Growth and streak figures compare complete years only.
MWA earnings and analyst estimates
Recommendation mix, 6 published ratings
Estimates are the published analyst consensus and move often. An earnings date is scheduled, not certain, and a share tends to reprice most violently on the day itself.
About MUELLER WATER PRODUCTS
Mueller Water Products, Inc. manufactures and markets products and services for the transmission, distribution, and measurement of water used by municipalities, and the residential and non-residential construction industries in the United States, Canada, and internationally. It operates in two segments, Water Flow Solutions and Water Management Solutions. The Water Flow Solutions segment provides valves for water systems, such as iron gate, butterfly, tapping, check, knife, plug, and ball valves, which are used to control distribution and transmission of potable water and non-potable water, as well as in water transmission or distribution, water treatment facilities, or industrial applications. It also offers service brass products. The Water Management Solutions segment offers dry-barrel and wet-barrel fire hydrants for water infrastructure development; fire protection systems, and water infrastructure repair and replacement projects; pipe repair products, such as couplings, grips, and clamps used to repair leaks; residential, fire protection, and commercial water metering products and systems; water leak detection and pipe condition assessment products and services; machines and tools for tapping, drilling, extracting, installing, and stopping-off; gas valve products for use in gas distribution systems; and intelligent water solutions, including pressure control valves, advanced pressure management, network analytics, event management, and date logging. It sells its products under the Canada Valve, Centurion, Ez-Max, Hydro Gate, Hydro-Guard, HYMAX, HYMAX VERSA, Jones, Krausz, Milliken, Mueller Systems, Mueller, Pratt, Pratt Industrial, Repamax, Repaflex, Singer, Echologics, Echoshore, ePulse, Hersey, LeakFinderRT, Sentryx, and U.S. Pipe Valve and Hydrant brands. Mueller Water Products, Inc. was founded in 1857 and is headquartered in Atlanta, Georgia.
Company profile, industry and headcount are as reported by our data provider and can lag a company's own filings by a reporting period. The annual report is the authority.
MWA passes 4 of our 30 screens today
Each screen prints the exact criteria it used, and the circumstances in which it is wrong.
Super investor ownership
9 of the funds we track reported a position in their latest SEC 13F filing. Largest first:
- Impax Asset Management, Impax Asset Management Group plc$76.65M · 0.5% of book
- Mario Gabelli, GAMCO INVESTORS, INC. ET AL$65.56M · 0.6% of book
- Two Sigma, TWO SIGMA INVESTMENTS, LP$11.51M · 0.0% of book
- Paul Tudor Jones, TUDOR INVESTMENT CORP ET AL$4.77M · 0.0% of book
- Cliff Asness, AQR CAPITAL MANAGEMENT LLC$3.43M · 0.0% of book
A word of warning on reading these figures: a 13F reports the market value of a holding, so a fund that traded nothing at all still appears to have sold when the price fell. We found 102 companies where the standard reading gives the opposite answer. Only the share count is honest.
Politician trades in MWA
Trades in MWA disclosed by members of Congress and executive-branch officials, latest first:
- Michael T. McCaul · HouseSell · $1,001 - $15,000 · traded 18 Jun 2026 · disclosed 8 Jul 2026
A disclosure reports a value band, not an amount, and is due up to 45 days after the trade; some arrive later. Every filer we track, each with their own page, is on the Congress trading tracker.
MWA peers
The largest companies in the same industry (Specialty Industrial Machinery), then in the same sector.
- SMERY Siemens Energy AG
- SHLRF Schindler Holding AG
- SYM Symbotic Inc.
- VWSYF Vestas Wind Systems A/S
- INIO Innio N.V.
- ITT ITT Inc.
- IEX IDEX Corporation
- NDSN Nordson Corporation
Every industrials company we cover is on the Industrials hub.
Common questions
Is MUELLER WATER PRODUCTS (MWA) undervalued?
Against our fair value estimate of $42.03, MWA at $21.50 is 95% below fair value. That is one model's answer, not a recommendation. It is built from normalized earning power with growth capped deliberately low, which understates companies whose value is mostly future growth.
Which funds own MWA?
9 of the institutions we track reported a position in MWA in their most recent SEC 13F filing. A 13F is filed up to 45 days after quarter end, so it tells you what a fund held then, not what it holds now.
What is MWA's P/E ratio?
MWA trades at 18.8 times earnings. A low P/E is not automatically cheap: on a cyclical company it is usually a warning that earnings are at a peak.
Does MUELLER WATER PRODUCTS (MWA) pay a dividend?
Yes. MUELLER WATER PRODUCTS yields 1.11% at the current share price. It has paid $0.280 per share over the trailing twelve months. It has paid a dividend in each of the last 20 complete calendar years. A dividend is declared by the board and can be cut at any time; a yield is a fact about the current price, not a promise.
Where does SteadyShares get its MWA data?
Fundamentals for MWA come from company filings and exchange data, as listed on NYQ; institutional ownership comes from SEC 13F filings. The share price shown was last refreshed on 1 Oct 2026, 22:48 UTC and is delayed. Our data quality score for this company is 96/100, which is the share of the inputs behind our scores that were actually available rather than assumed. Metrics we do not hold are left out of the page rather than estimated.
The full research page for MWA, with financial statements, ownership detail, peer comparison and alerts, is free inside the app.
Data from company filings, exchange quotes and SEC EDGAR 13F disclosures. Quotes are delayed. Metrics we do not have are left out rather than estimated. Educational information, not financial advice.