FVC unveils second-half 2026 plan, to recognise backlog across four core businesses, supporting revenue growth in line with target

Badger Meter launched OneNetwork, a real-time monitoring and analytics platform designed to unify fragmented water and wastewater system data, at the WEFTEC conference in New Orleans. The company's share price has fallen 27.6% year to date, with a 1 year total shareholder return down 28.6%, though the 5 year total shareholder return of 26.6% still points to longer term gains. The most followed narrative places Badger Meter's fair value at $169, above the last close of $127.77, framing OneNetwork as part of a wider digital push alongside the BlueEdge platform and expansion beyond the meter. That narrative cites intensifying water scarcity, mounting regulatory pressure, and mandates for real-time monitoring as drivers of shorter replacement cycles and pricing power. Supply chain and tariff pressures, along with any slowdown in core utility water projects, could weaken that upbeat case.

Veralto Corporation's Water Quality segment lifted its adjusted operating margin to 26.5% from 25.9%, with adjusted operating profit up 12.6% year over year to $241 million. Water Quality sales rose 10.1% year over year to $908 million, including core growth of 5.7%, a 2.9% pricing contribution, 3.2% from acquisitions and a 1.2% currency benefit. Operating profit grew faster than sales, a relationship the company says could lift the segment's contribution to its overall financial profile if sustained. Veralto faces water technology peers Xylem and Watts Water Technologies as infrastructure spending and tighter water-efficiency requirements expand the market. The key factor to watch is whether Water Quality can hold its margin trajectory while preserving healthy organic demand.

Pentair plc has completed its acquisition of Taco Group Holdings for $1.4 billion, subject to customary adjustments. The deal is expected to accelerate Pentair's growth strategy and expand its portfolio of smart, sustainable water solutions aligned to secular water trends. Taco will become part of Pentair's Water Solutions reporting segment and will continue to go to market under the Taco brand, maintaining a significant presence in Cranston, Rhode Island. Pentair President and CEO John L. Stauch said adding Taco provides a comprehensive suite of premier solutions and scales the company's position in high-growth commercial and mission-critical end-markets. Taco LLC Chief Executive Officer and Owner John Hazen White Jr. called the closing an exciting new chapter, and Taco LLC President Benjamin White said the milestone recognizes the value customers and the team experience every day. Pentair had revenue in 2025 of approximately $4.2 billion and trades under the ticker symbol PNR.

Claros Technologies and Daikin America announced a commercial agreement for full-scale deployment of the ClarosTechUV PFAS destruction system at Daikin's manufacturing facility in Decatur, Alabama. The large-scale, long-term installation will integrate the technology directly into Daikin's manufacturing operations as a continuously operating PFAS destruction system engineered for industrial-scale performance, following a multi-phase collaboration that moved from pilot demonstration to commercial optimization. The deployment will combine permanent PFAS destruction through ClarosTechUV with continuous analytical testing and performance verification through ClarosLabs, and will be incorporated into broader facility improvements underway at Daikin's Decatur campus over the next few years. The agreement extends beyond a single installation, establishing a long-term strategic relationship and creating opportunities to evaluate additional applications for ClarosTechUV across Daikin's global operations. Daikin America CEO Yuichi Hashikawa said the partnership demonstrates that it is possible to be a responsible manufacturer while providing materials essential to today's society, while Claros CEO and Co-Founder Michelle Bellanca called it the defining commercial achievement in Claros' history and a turning point for the entire industry.

Hawkins, Inc. has completed the acquisition of the assets of Eagle Labs, Inc., expanding its Water Treatment business into the Dallas–Fort Worth region of Texas. Eagle Labs distributes water treatment products directly to customers in Texas and has in-house manufacturing capabilities. The acquisition adds two locations in the Dallas–Fort Worth area, increasing Hawkins' total Water Treatment facilities in Texas to seven; Hawkins first entered the Texas market in fiscal 2022. According to Hawkins, Eagle Labs brings expertise in coagulants and polymers, along with a customer service model that complements Hawkins' existing Water Treatment operations in the state, and has served North Texas and surrounding areas for more than 30 years. Hawkins has also opened a new facility in the Dallas–Fort Worth area, which the company expects, together with the acquired Eagle Labs operations, to strengthen its ability to serve water treatment demand across the region.