WAT

Waters Corporation
NYSEUSDEQUITY Healthcare DELAYED
Last price
436.43
▼ 3.69 (0.84%)
MARKET · —

Price

1D — H — L — Range — Vol —
Drag pan · Pinch zoom · Hold crosshair · pick a tool then drag to draw
Open
440.30
Prev close
440.12
Day high
454.50
Day low
431.62
Volume
1.06M
Market cap
$42.85B
P/E (TTM)
110.49
52W range
282.77 – 454.54

Day trading desk

Current session · delayed
Gap from prior close
+0.04%
Prior close 440.12
VWAP
436.79
-0.08% from price
Relative volume
3.32×
Unusually busy
Session range
5.31%
431.61 – 454.54
Position in range
21%
Near session low
ATR (14D)
12.95
2.97% of price
Prior day high
440.79
PDH
Prior day low
423.03
PDL
Bid / ask spread
—
Quote not published
Session volume
2.56M
Avg 770.67K

VWAP and the session figures are computed from the delayed intraday series on this page, so they lag the live tape and will not match a broker's real-time VWAP exactly. Turn on Prior day H/L/C, Opening range and Volume profile in the chart's Studies menu to see these levels drawn on price.

Trailing performance

Price return · vs SPY
Returnvs SPY
1W
-1.54% -3.5%
1M
+6.61% +5.5%
3M
+18.55% +14.0%
6M
+41.98% +23.8%
YTD
+14.90% +0.7%
1Y
+32.90% +16.5%
3Y
+59.16% -23.1%
5Y
— —

Price return only. Dividends are not reinvested, so total return on a dividend payer will be higher than shown.

Unusual options activity

Account required
Nothing crossed the thresholds in the expiries we scanned.
That is the normal state — most contracts trade well inside their existing open interest.
Free account required

Contracts trading at or above their open interest, ranked by notional and where the print landed.

Free account

10 more panels on WAT open with an account.

Options chains and analytics, valuation ratios, insider filings, analyst targets and ownership. No card, no trial, nothing to cancel.

Insider net activity

6m · Form 4 rollup
Net shares
+130
Net buying
Buy transactions
3
3.76K shares
Sell transactions
1
3.63K shares
Net transactions
+4
Buys less sells
Sell : buy shares
1.0 : 1
Mixed
Insider-held shares
102.18K
Total on file
Bought 3.76KSold 3.63K

Insider transactions

Account required
DateInsiderAction SharesValueHeld
Aug 6, 26
KUEBLER CHRISTOPHER A
Director
SELL 3.63K $1.44M Direct
Aug 6, 26
KUEBLER CHRISTOPHER A
Director
CONVERSION 3.63K $494.69K Direct
Jun 30, 26
KNIGHT HEATHER
Director
STOCK 63 $0 Direct
Jun 30, 26
JIANG WEI
Director
STOCK 67 $0 Direct
Mar 31, 26
KNIGHT HEATHER
Director
STOCK 68 $0 Direct
Mar 31, 26
JIANG WEI
Director
STOCK 64 $0 Direct
Mar 16, 26
JIANG WEI
Director
BUY 500 $144.73K Direct
Mar 6, 26
FEARON RICHARD H
Director
BUY 1.00K $306.34K Direct
Feb 25, 26
FEARON RICHARD H
Director
STOCK 23 $0 Direct
Feb 25, 26
KNIGHT HEATHER
Director
STOCK 23 $0 Direct
Feb 25, 26
CARPIO ROBERT L III
Officer
STOCK 997 $0 Direct
Feb 25, 26
FRASER CLAIRE
Director
STOCK 358 $0 Direct
Feb 25, 26
VERGNANO MARK P
Director
STOCK 23 $0 Direct
Feb 25, 26
BRENNAN DANIEL J
Director
STOCK 23 $0 Direct
What this is, and what it is not

These are SEC Form 4 filings — officers, directors and 10% owners reporting their own trades in the company's stock. Filing is due within two business days of the transaction, so this lags reality by days, and the provider adds its own lag on top.

A sale is not automatically bearish. Executives sell on scheduled 10b5-1 plans, to cover tax on vesting equity, and to diversify. Purchases with cash are generally the more informative signal, and they are far rarer.

This does not include congressional or senate trading. That comes from STOCK Act disclosures filed with the Senate eFD system and the House Clerk, which this data source does not carry.

Free account required

Officer and director trades in their own stock, straight from Form 4 filings.

Insider holders

10 reporting
NameRelationShares heldLatest
BATRA UDIT
Chief Executive Officer 36.56K Stock Award(Grant)
BENNETT JIANQING
Officer 7.24K Stock Award(Grant)
CARPIO ROBERT L III
Officer 3.62K Stock Award(Grant)
CHAUBAL AMOL
Chief Financial Officer 8.51K Stock Award(Grant)
FEARON RICHARD H
Director 3.30K Purchase
HUANG PEARL S.
Director 3.28K Stock Award(Grant)
JIANG WEI
Director 3.57K Stock Award(Grant)
KUEBLER CHRISTOPHER A
Director 17.81K Sale
ORNSKOV FLEMMING
Director 5.27K Stock Award(Grant)
VERGNANO MARK P
Director 4.54K Stock Award(Grant)

Fundamentals

TTM · reported
Market cap$42.85B
Enterprise value$47.82B
Revenue (TTM)$4.64B
Gross profit$2.62B
EBITDA$1.45B
Net income$166.63M
EPS (TTM)$3.95
Free cash flow$-142.07M
Total cash$539.00M
Total debt$5.48B
Book value / share$154.70
Shares outstanding98.19M
Float98.07M
Short % of float3.37%
Dividend yield0.00%
Beta (5Y)1.15

Valuation & profitability ratios

Account required
Trailing P/E110.49
Forward P/E26.39
PEG ratio1.64
Price / sales—
Price / book2.82
EV / revenue10.30
EV / EBITDA32.93
Gross margin56.34%
Operating margin9.42%
Profit margin3.59%
Return on equity1.92%
Return on assets3.56%
Debt / equity36.05
Current ratio1.86
Free account required

Fourteen ratios including P/E, PEG, EV/EBITDA, margins and return on equity.

Financial statements

As reported · 4 years · 5 quarters
Blank means not reported, not zero
Line item2025202420232022YoY
Total revenue $3.17B$2.96B$2.96B$2.97B +7.0%
Operating revenue $3.17B$2.96B$2.96B$2.97B +7.0%
Cost of revenue $1.29B$1.20B$1.20B$1.25B +7.4%
Gross profit $1.88B$1.76B$1.76B$1.72B +6.7%
Research & development $195.71M$183.03M$174.94M$176.19M +6.9%
Selling, general & admin $830.37M$690.15M$736.01M$658.03M +20.3%
Total operating expense $1.07B$920.26M$943.52M$840.58M +16.7%
Operating income $802.59M$837.92M$817.68M$883.19M -4.2%
Net interest income -$50.77M-$72.26M-$82.24M-$37.78M +29.7%
Pre-tax income $754.88M$754.87M$736.24M$837.85M +0.0%
Tax provision $112.25M$117.03M$94.01M$130.09M -4.1%
Net income $642.63M$637.83M$642.23M$707.75M +0.8%
Net income to common $642.63M$637.83M$642.23M$707.75M +0.8%
Basic EPS 10.8010.7510.8711.80 +0.5%
Diluted EPS 10.7610.7110.8411.73 +0.5%
EBIT $824.43M$844.54M$835.10M$886.64M -2.4%
EBITDA $1.03B$1.04B$1.00B$1.02B -0.6%
Basic shares 59.51M59.33M59.08M59.98M +0.3%
Diluted shares 59.71M59.55M59.27M60.33M +0.3%

Options analytics

Account required
Put / call volume
0.64
Call-heavy session
Put / call open interest
—
Positioning, not flow
Max pain
260.00
-40.4% from spot
ATM implied vol
1.6%
Nearest strike to spot
Skew (10% OTM)
0.0%
Calls bid over puts
Call volume
39
Contracts, this expiry
Put volume
25
Contracts, this expiry
Heaviest call OI
370.00
0 contracts
Heaviest put OI
260.00
0 contracts

Max pain is the strike at which the largest dollar value of open contracts expires worthless. It describes current positioning; it is not a forecast and it moves as open interest changes.

Free account required

Put/call ratios, max pain, implied volatility skew and where open interest is concentrated.

Earnings

History & consensus estimates
Reported vs expected · EPS
QuarterEst.ActualSurprise
Jun 2026 3.013.05 +1.4%
Mar 2026 2.312.70 +17.0%
Dec 2025 4.514.53 +0.5%
Sep 2025 3.223.40 +5.5%
Forward consensus
PeriodEPSAnalystsRevenueGrowth
Current quarter 4.00 21 $1.75B +119.3%
Next quarter 4.68 20 $1.79B +91.7%
Current year 14.58 24 $6.47B +104.3%
Next year 16.54 24 $7.14B +10.4%

Analyst targets & ownership

Account required
Mean target$453.26
High target$515.00
Low target$349.00
Implied upside3.86%
Analyst count23
ConsensusBUY
Strong buy / Buy3 / 15
Hold6
Sell / Strong sell0 / 0
Held by insiders0.10%
Held by institutions102.08%
Institutions holding1.61K
Free account required

Price targets, consensus spread, insider and institutional ownership.

Moving averages & technicals

Computed from 2Y daily closes
SMA 10
433.73
+0.62% from price
SMA 20
424.94
+2.70% from price
SMA 50
412.80
+5.73% from price
SMA 100
388.48
+12.34% from price
SMA 200
364.15
+19.85% from price
EMA 12
431.30
+1.19% from price
EMA 26
423.85
+2.97% from price
EMA 50
412.24
+5.87% from price
RSI (14)
58.8
Neutral
MACD (12,26,9)
7.45
Hist 0.09
ATR (14)
12.95
2.97% of price
Realised vol 30D
24.1%
Annualised
Bollinger upper
449.18
20, 2σ
Bollinger lower
400.71
20, 2σ
50 / 200 cross
Golden
412.80 vs 364.15
Trend bias
Above 200
+19.85%

Options chain

Account required
Expiry
Spot 436.43
Calls
StrikeLastBidAskVolOIIV
000.000.000.000.00000.0%
000.000.000.000.00000.0%
000.000.000.000.00000.0%
000.000.000.000.00000.0%
000.000.000.000.00000.0%
000.000.000.000.00000.0%
000.000.000.000.00000.0%
Puts
StrikeLastBidAskVolOIIV
000.000.000.000.00000.0%
000.000.000.000.00000.0%
000.000.000.000.00000.0%
000.000.000.000.00000.0%
000.000.000.000.00000.0%
000.000.000.000.00000.0%
000.000.000.000.00000.0%
Free account required

Every listed expiry, both sides of the book, with volume, open interest and implied volatility.

Risk profile

Daily returns · 1Y window
Beta vs SPY
0.84
Less volatile than market
Correlation to SPY
0.31
Loosely linked
Realised vol 30D
24.1%
Annualised
Market vol 1Y
13.0%
SPY, annualised
Max drawdown 1Y
-31.3%
Peak to trough
Max drawdown 5Y
-36.5%
Peak to trough
ATR 14
12.95
2.97% of price
Beta (reported)
1.15
5Y monthly, from filing

Short interest

Semi-monthly exchange report · lags by ~2 weeks
Shares short
3.30M
Prior 3.64M
Change vs prior
-9.1%
Shorts covering
% of float
3.37%
Normal
% of shares out
3.36%
Against total outstanding
Days to cover
5.1
Crowded exit
Float
98.07M
Freely tradeable shares

Exchanges publish short interest twice a month with a settlement lag, so this is roughly two weeks behind. Days to cover divides shares short by average daily volume — it estimates how long covering would take, not whether it will happen.

Rating changes

267 on file
DateFirm ActionFromTo
Oct 1, 26 Guggenheim MAINTAINED Buy Buy
Sep 21, 26 Goldman Sachs MAINTAINED Buy Buy
Sep 9, 26 UBS UPGRADE Neutral Buy
Aug 27, 26 Piper Sandler UPGRADE Neutral Overweight
Aug 10, 26 Citigroup MAINTAINED Buy Buy
Aug 5, 26 TD Cowen UPGRADE Hold Buy
Aug 5, 26 RBC Capital MAINTAINED Outperform Outperform
Aug 5, 26 Evercore ISI Group MAINTAINED Outperform Outperform
Aug 5, 26 Wells Fargo MAINTAINED Equal-Weight Equal-Weight
Aug 5, 26 Barclays MAINTAINED Overweight Overweight
Jul 14, 26 Goldman Sachs MAINTAINED Buy Buy
Jul 9, 26 Morgan Stanley MAINTAINED Equal-Weight Equal-Weight

Dividends & splits

Declared · from the issuer
Forward rate—
Forward yield0.00%
5-year avg yield—
Payout ratio0.00%
Ex-dividend dateNov 26, 1996
Next pay date—
Last split2:1
Split dateAug 28, 2000

PRIVATE STRATEGY · BY QUALIFICATION

The same data. A different seat.

The research you are reading is the input layer for a discretionary options program we run for a small number of qualified investors. Minimum $1,000,000.