Equity Research Database

Institutional Investment Pitches

Explore thousands of hedge fund pitches, high-conviction equity research memos, and portfolio manager commentary extracted from quarterly letters.

Home Letters Funds Account

Kovitz Core Equity's investment thesis on Waters Corporation ($WAT) — Q3 2025 | Buyside Digest

All Pitches

View Letter Analysis

$WATWaters Corporation

BULL

Kovitz Core Equity

Fund Letter

Q3 2025

Published September 30, 2025

View Fund Profile

$436.61USD

Current Market Price

Market Cap$38.8B

Pitch Price$328.39

Technical Chart

From the Fund Letter

Initiated a position after shares fell nearly 20% on the announcement of its acquisition of Becton-Dickinson's Biosciences and Diagnostics business. Kovitz views these...

— Kovitz Investment Group Partners, LLC

BSD Research Exclusive

Unlock Full Institutional Investment Theses

Full equity research memos, financial breakdowns, and hedge fund thesis write-ups are reserved for BSD Research ($50/mo) and Pro subscribers.

Institutional Pitch Library

Proprietary AI Analysis

100 Letter Unlocks/Quarter

SUBSCRIBE TO BSD RESEARCH Compare All Plans

Already a Research or Pro subscriber? Sign In

◆ Keep Reading

What other investors think about $WAT, and what else Kovitz Core Equity is buying.

Other pitches on $WAT

Other investors who've written on Waters Corporation

No other institutional pitches found for this ticker yet.

View all $WAT pitches →