Docoh
Loading...

ZWS Zurn Water Solutions

eadquartered in Milwaukee, Wisconsin, Rexnord is comprised of two strategic platforms, Process & Motion Control and Water Management, with approximately 6,400 employees worldwide. The Process & Motion Control platform designs, manufactures, markets and services specified, highly engineered mechanical components used within complex systems. The Water Management platform designs, procures, manufactures and markets products that provide and enhance water quality, safety, flow control and conservation.

Company profile

Ticker
ZWS, RXN
Exchange
CEO
Todd Alan Adams
Employees
Incorporated
Location
Fiscal year end
Former names
Rexnord Corp, Rexnord Holdings, Inc
SEC CIK
Subsidiaries
Cambridge International, Inc. • Chase Acquisition I, Inc. • Just Manufacturing LLC • Merit Gear LLC • RBS Global, Inc • Rexnord LLC • The Falk Service Corporation • Precision Gear LLC • PT Components, Inc. • RBS Acquisition Corporation ...
IRS number
205197013

ZWS stock data

(
)

Calendar

20 Jul 21
24 Oct 21
31 Dec 21
Quarter (USD)
Jun 21 Mar 21 Sep 20 Jun 20
Revenue
Cost of revenue
Operating income
Operating margin
Net income
Net profit margin
Cash on hand
Change in cash
Diluted EPS
Annual (USD)
Mar 20 Mar 19 Mar 18 Mar 17
Revenue
Cost of revenue
Operating income
Operating margin
Net income
Net profit margin
Cash on hand
Change in cash
Diluted EPS

Financial data from company earnings reports.

Cash burn rate (estimated) Burn method: Change in cash Burn method: Operating income/loss Burn method: FCF (opex + capex)
Last Q Avg 4Q Last Q Avg 4Q Last Q Avg 4Q
Cash on hand (at last report) 390.7M 390.7M 390.7M 390.7M 390.7M 390.7M
Cash burn (monthly) (positive/no burn) 15.22M (positive/no burn) (positive/no burn) (positive/no burn) (positive/no burn)
Cash used (since last report) n/a 58.01M n/a n/a n/a n/a
Cash remaining n/a 332.69M n/a n/a n/a n/a
Runway (months of cash) n/a 21.9 n/a n/a n/a n/a

Beta Read what these cash burn values mean

Date Owner Security Transaction Code Indirect 10b5-1 $Price #Shares $Value #Remaining
15 Oct 21 Schooler Rosemary Common Stock Grant Acquire A No No 35.68 631 22.51K 31,406
15 Oct 21 Christopoul Thomas Common Stock Grant Acquire A No No 35.68 719 25.65K 85,225
15 Oct 21 Troy Peggy Common Stock Grant Acquire A No No 35.68 631 22.51K 33,380
7 Oct 21 Powers George J Common Stock Grant Acquire A No No 0 12,010 0 23,621
7 Oct 21 Chirag Dua Common Stock Grant Acquire A No No 0 4,692 0 9,229

Data for the last complete 13F reporting period. To see the most recent changes to ownership, click the ownership history button above.

99.2% owned by funds/institutions
13F holders
Current Prev Q Change
Total holders 246 236 +4.2%
Opened positions 36 43 -16.3%
Closed positions 26 34 -23.5%
Increased positions 68 53 +28.3%
Reduced positions 102 109 -6.4%
13F shares
Current Prev Q Change
Total value 6.02B 9.88B -39.1%
Total shares 120.11M 118.23M +1.6%
Total puts 5.1K 73K -93.0%
Total calls 27.4K 17.8K +53.9%
Total put/call ratio 0.2 4.1 -95.5%
Largest owners
Shares Value Change
JHG Janus Henderson 10.78M $539.33M -1.7%
Vanguard 10.73M $537.04M +2.4%
BLK Blackrock 9.2M $460.47M -8.1%
Wellington Management 6.27M $313.89M -10.6%
Capital World Investors 5.88M $294.3M 0.0%
MCQEF Macquarie 4.04M $202.15M -0.2%
IPXAF Impax Asset Management 3.94M $196.96M +5.0%
Dimensional Fund Advisors 3.04M $151.88M -15.7%
IVZ Invesco 2.77M $138.79M -9.6%
TROW T. Rowe Price 2.69M $134.76M -1.7%
Largest transactions
Shares Bought/sold Change
Gates Capital Management 1.33M +1.33M NEW
Amundi 1.15M +1.15M NEW
WFC Wells Fargo & Co. 2.21M +1.04M +88.4%
Amundi Pioneer Asset Management 0 -890.49K EXIT
Balyasny Asset Management 120.85K -888.3K -88.0%
BLK Blackrock 9.2M -812.46K -8.1%
Jet Capital Investors L P 800K +800K NEW
Wellington Management 6.27M -745.03K -10.6%
Ceredex Value Advisors 1.79M +679.65K +61.0%
TimesSquare Capital Management 1.88M +629.16K +50.3%

Financial report summary

?
Risks
  • We and Regal may be unable to satisfy the conditions or obtain the approvals required to complete the expected spin-off of the Process & Motion Control segment (the “Spin-Off”) and related transactions (collectively, the “Transactions”).
  • We will incur significant costs related to the Transactions that could have an adverse effect on our liquidity, cash flows and operating results.
  • The market price of our common stock may decline as a result of the Transactions and the market price of our common stock after the consummation of the Transactions may be affected by factors different from those affecting the price of our common stock before the Transactions.
  • The pendency of the Transactions could adversely affect our business and operations.
  • If the Reorganization and the Distributions do not qualify as tax-free under Sections 355 and 368(a) of the Internal Revenue Code (the “Code”), including as a result of an error in the determination of overlap shareholders or subsequent acquisitions of our common stock, then our stockholders may be required to pay substantial U.S. federal income taxes, and Land (guaranteed by Regal) may be obligated to indemnify us for such taxes imposed on us.
  • If the Merger does not qualify as a tax-free reorganization under Section 368(a) of the Code, our stockholders may be required to pay substantial U.S. federal income taxes.
  • If the Merger is not completed by the outside date specified in the Merger Agreement, we or Regal may terminate the Merger Agreement.
  • Following consummation of the Transaction, we, Regal and Land will each be required to abide by potentially significant restrictions which could limit each company’s ability to undertake certain corporate actions (such as the issuance of common stock or the undertaking of certain business combinations) that otherwise could be advantageous.
Management Discussion
  •     Process & Motion Control net sales were $324.6 million during the three months ended June 30, 2021, an increase of 18% as compared to the prior year. Excluding a 4% increase to net sales associated with foreign currency translation and a 2% decrease from a small divestiture, core sales increased by 16% year over year as core sales growth of 21% in our non-aerospace markets, driven by growth across nearly all product categories and geographies, was partially offset by the anticipated core sales decline of 15% in our Aerospace markets as a result of the lower year over year backlog given the change in customer buying patterns due to the COVID-19 pandemic over the past 12 months.
  •     Water Management net sales were $243.7 million during the three months ended June 30, 2021, an increase of 39% year over year. Excluding a 1% increase to net sales associated with foreign currency transaction and a 9% increase in net sales resulting from our prior-year acquisition of Hadrian, core sales increased 29% year over year driven by increased demand across all of our product categories.
  •     Process & Motion Control income from operations during the three months ended June 30, 2021 was $66.8 million, or 20.6% of net sales. Income from operations as a percentage of net sales increased by 620 basis points year over year due to gains recognized on the sale of certain fixed assets, benefits from cost reduction and productivity initiatives and the favorable impact of higher year over year sales growth, partially offset by the benefit of temporary cost reduction actions in the prior year second quarter in response to the COVID-19 pandemic.
Content analysis
?
Positive
Negative
Uncertain
Constraining
Legalese
Litigous
Readability
H.S. senior Bad
New words: behalf, Certification, Chase, DDTL, Description, drawn, duly, embedded, exhibit, floating, half, inline, insight, instance, interactive, JPMorgan, Label, Linkbase, peterson, President, Schema, slightly, Taxonomy, thereunder, thereunto, undersigned, Vice, XBRL
Removed: annum, Codification, eligibility, extend, finance, fourth, portion, September, Servicing, unused

Patents

APP
Utility
Hydroelectric Generator for Faucet and Flush Valve
21 Oct 21
A plumbing system for generating electrical power, including a hydroelectric generator assembly configured to generate power, a power source arranged in parallel with the hydroelectric generator assembly, and an interconnecting power harness in communication with the hydroelectric generator assembly and the power source.
GRANT
Utility
Sink
19 Oct 21
A sink including a vessel volume having an interior surface, where the vessel volume includes a base wall, a first side wall extending from the base wall to at least partially form a bowl, a second side wall extending from the base wall opposite the first side wall to at least partially form a cup, and a strainer plate extending from the second side wall opposite the base wall.
GRANT
Utility
Modular drain assembly for pod constructed room
19 Oct 21
A modular room includes a floor having an upper surface, and a lower surface.
GRANT
Utility
Facility occupancy detection with thermal grid sensor
19 Oct 21
Systems, methods and apparatus for providing an availability status associated with a facility.
APP
Utility
Roof Drain
14 Oct 21
A roof drain including a base defining a channel and an axis, a gravel guard coupled to the base and including a plurality of teeth, where the gravel guard defines a plurality of gullets between the teeth, and a dome coupled to the base, where the dome includes a plurality of ribs, where the ribs define a plurality of gaps therebetween, and where each gap is radially aligned with a corresponding gullet.