13FPulse
MW

MWA MUELLER WATER PRODUCTS INC-A

2026Q2 · CUSIP 624758108 · Sector: Industrials

Exiting + falling

Funds leaving and price falling — historically weak for the next six months

Funds that own it
418
Institutions that reported holding it to the SEC
Net decrease in holders
6
Last quarter 424 → now 418
How unusual is that
Bottom 20%
Stronger than only 19% of US stocks
What the filings say, in one paragraph

418 funds held MWA at the end of 2026Q2, down 6 from the quarter before. Buying is stronger than only 18.6% of US stocks, and the price fell over the same quarter — funds leaving and price weakness at the same time. On the business itself, revenue over the last 12 months was $1.5B(YoY +5.9%), the P/E is 16.6x, return on equity is 19.8%. MWA has had 16 buying rushes in its history, and the price moved +6.9% on average over the six months after (that is the raw price move, not how much it beat the market by). It sits in the Industrials sector.

How many funds owned it, quarter by quarter

Bars = net change in institutional holders, positive (green) or negative (red). Line = total institutional holders.

2013Q3: holders=193 2013Q4: holders=199 2014Q1: holders=197 2014Q2: holders=188 2014Q3: holders=199 2014Q4: holders=185 2015Q1: holders=183 2015Q2: holders=197 2015Q3: holders=196 2015Q4: holders=192 2016Q1: holders=190 2016Q2: holders=217 2016Q3: holders=227 2016Q4: holders=238 2017Q1: holders=241 2017Q2: holders=200 2017Q3: holders=209 2017Q4: holders=214 2018Q1: holders=208 2018Q2: holders=204 2018Q3: holders=205 2018Q4: holders=220 2019Q1: holders=207 2019Q2: holders=198 2019Q3: holders=199 2019Q4: holders=190 2020Q1: holders=197 2020Q2: holders=207 2020Q3: holders=210 2020Q4: holders=215 2021Q1: holders=221 2021Q2: holders=231 2021Q3: holders=245 2021Q4: holders=250 2022Q1: holders=240 2022Q2: holders=228 2022Q3: holders=239 2022Q4: holders=230 2023Q1: holders=227 2023Q2: holders=219 2023Q3: holders=230 2023Q4: holders=239 2024Q1: holders=262 2024Q2: holders=300 2024Q3: holders=329 2024Q4: holders=338 2025Q1: holders=384 2025Q2: holders=376 2025Q3: holders=401 2025Q4: holders=398 2026Q1: holders=424 2026Q2: holders=418 -46 -23 +0 +23 +46 164305446 13Q315Q116Q318Q119Q321Q122Q324Q125Q326Q2 Net change in holders (bars) Total funds holding (line)

What happened after each past buying rush 16 times in its history

Quarter of the rush How unusual then Price, next 3 months Price, next 6 months
2026Q1 Top 20% -1.4%
2025Q3 Top 20% +4.8% +30.3%
2025Q1 Top 5% -4.6% +3.5%
2024Q3 Top 20% -8.9% +3.9%
2024Q2 Top 10% +5.2% +19.9%
2024Q1 Top 20% -3.9% +7.6%
2023Q3 Top 20% +4.7% +18.9%
2022Q3 Top 20% -3.8% +24.5%

These are the raw price moves, not how much it beat the market by. Compare them against the market over the same months — in a strong bull market almost everything is up.

Show all the numbers (large funds, value held, options…) ▾
Of them, large funds
194
Change in large funds
+1
Total value they hold
$3.9B
Funds buying for the first time
55
Funds that sold out entirely
61
Price change that quarter
-8.4%
Funds holding puts (bearish)
0
Funds holding calls (bullish)
1

These are for people who want to dig. Skip them if they do not mean anything to you — the three numbers above are enough.

8,697 institutions have filed for this quarter. 13F permits late filing and a small number arrive in the weeks after the deadline, so the holder counts and changes below may tick up.

Fundamentals

PE (TTM)
16.6
EPS (TTM)
$1.42
EPS YoY
+49.5%
Revenue (TTM)
$1.5B
Revenue YoY
+5.9%
Net margin
15.0%
ROE
19.8%
Debt ratio
42.6%
FCF (TTM)
$180M
Dividend (TTM)
$0.28
Quarterly Revenue & EPS
2021-09-30: EPS 0.11 2021-12-31: EPS 0.12 2022-03-31: EPS 0.15 2022-06-30: EPS 0.17 2022-09-30: EPS 0.04 2022-12-31: EPS 0.14 2023-03-31: EPS 0.14 2023-06-30: EPS 0.16 2023-09-30: EPS 0.11 2023-12-31: EPS 0.09 2024-03-31: EPS 0.28 2024-06-30: EPS 0.30 2024-09-30: EPS 0.07 2024-12-31: EPS 0.22 2025-03-31: EPS 0.33 2025-06-30: EPS 0.33 2025-09-30: EPS 0.34 2025-12-31: EPS 0.27 2026-03-31: EPS 0.38 2026-06-30: EPS 0.43 0M 198M 396M $M 0.00 0.24 0.47 2016201720182019202020212022202320242025202606/26 Revenue EPS

Quarterly figures, revenue up to 10 years back; EPS split-adjusted, early quarters hidden when not calibrable

P/E (TTM) over time
4Y median 27 16 25 34 20222023202420252026

P/E = close around day 47 after quarter-end ÷ TTM EPS then; this is a consistent valuation date, not the company’s actual filing date; loss quarters hidden

Quarterly free cash flow
-54M11M75M 20162017201820192020202120222023202420252026
Latest quarter $-28M (2026-03-31)

FCF = operating cash flow − capex, computed from SEC XBRL; banks/insurers have no standard cash-flow structure and are hidden

As of 2026-06-30 · SEC filings (XBRL)

Email me the next update

2026 Q3 holdings are due 2026-11-16. We will email you when the refreshed lists are live.