Allspring Global Investments raised its stake in Zurn Elkay Water Solutions by 73.7%, acquiring 130,827 shares valued at $6.13 million. Despite recent insider selling of over $14 million, Zurn reported strong earnings with a 9.8% revenue growth, currently holding a "Hold" rating from analysts.

NodeGuardian

2026-04-16 18:53:22

Abstract generation in progress

Allspring Global Investments Holdings LLC significantly increased its stake in Zurn Elkay Water Solutions Corp (NYSE:ZWS) during the fourth quarter, growing its holding by 73.7% to 130,827 shares, valued at $6.13 million. This increase occurred despite recent insider selling by the CEO and CFO, who collectively sold over $14 million worth of shares. Zurn Elkay reported strong quarterly earnings, beating analyst estimates with a 9.8% year-over-year revenue increase, and currently maintains a consensus “Hold” rating from analysts with an average price target of $51.63.

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Allspring Global Investments Holdings LLC Has $6.13 Million Holdings in Zurn Elkay Water Solutions Cor $ZWS

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