Stifel cuts target for Zurn Elkay Water Solutions stock from USD 62 to USD 56
Published on 10/20/2026 at 14:20 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSAnalyst view and reporting date
- Stifel lowered its Zurn Elkay target from USD 62 to USD 56 on October 19, 2026.
- Second-quarter revenue reached USD 491.0 million, up 10.5 percent year over year.
- Zurn Elkay Water Solutions stock trades at EUR 42.00 at 2:11 p.m. CEST at Lang & Schwarz on October 20, 2026.
- Third-quarter results are scheduled for October 27, 2026, followed by the investor call on October 28, 2026.
Zurn Elkay Water Solutions (ISIN US98983L1089) stock is trading at EUR 42.00 at Lang & Schwarz on October 20, 2026, while Stifel cut its target from USD 62 to USD 56 on October 19, 2026, according to Investing.com. The bank kept its Buy rating while citing construction demand and the outlook for new products.
Target cut points to construction risk
Stifel's revised USD 56 objective followed a USD 62 target and reflected a more cautious view of new construction demand. The report said repair and replacement activity should support Elkay's organic growth, while Stifel wanted more detail on products planned for 2026 and 2027.
The latest reported quarter provides a stronger operating counterpoint. MarketBeat reported that second-quarter 2026 revenue reached USD 491.0 million, up 10.5 percent from the prior year, while earnings per share came to USD 0.50 against a USD 0.47 consensus estimate.
Three dates frame the stock story
The chronology is clear. On July 28, 2026, Zurn Elkay reported second-quarter revenue of USD 491.0 million and earnings per share of USD 0.50. On August 19, 2026, director Jacques Butler bought 2,016 shares at USD 49.60 each, a transaction valued at USD 99,993.60, according to MarketBeat. On October 19, 2026, Stifel lowered its target to USD 56 from USD 62.
What does the next report mean?
The next test is scheduled for October 27, 2026, when Zurn Elkay will release third-quarter results after the market close. The company will discuss those results during an investor call on October 28, 2026, at 7:30 a.m. Central Time, according to Business Wire. Revenue growth of 10.5 percent in the second quarter gives investors a concrete benchmark for the next release.
Water systems remain the core business
Zurn Elkay supplies water management products for health, hydration, safety and conservation across commercial and institutional settings. Its portfolio includes plumbing, drainage, water control, backflow prevention, drinking water and hygiene products, according to the company's investor-relations overview. The combination of USD 491.0 million in quarterly revenue and the USD 56 Stifel target leaves execution in repair and replacement markets as the immediate issue for the stock.
Stock trades at EUR 42.00
The stock's primary listing is on the NYSE, where the October 19, 2026 quote was USD 47.12 after the US session. Zurn Elkay had a market capitalization of USD 7.8 billion and a 52-week range of USD 43.06 to USD 55.00 in the same market snapshot.
Zurn Elkay Water Solutions was trading at EUR 42.00 at Lang & Schwarz on October 20, 2026 at 2:11 p.m. CEST.
The further course of trading is shown by the continuously updated real-time quote of Zurn Elkay Water Solutions stock.
Zurn Elkay Water Solutions stock at a glance
- Company: Zurn Elkay Water Solutions Corporation
- ISIN: US98983L1089
- Ticker: ZWS
- Primary exchange: NYSE
- Price Lang & Schwarz (as of October 20, 2026, 2:11 p.m. CEST): EUR 42.00
- Market capitalization: USD 7.8 billion (as of October 19, 2026)
- 52-week range: USD 43.06-USD 55.00 (as of October 19, 2026)
- Sector / Industry: Industrials / Industrial Machinery
Market context: Market report S&P 500.
