RYAN M. CONNORS

Ryan Connors joined Northcoast Research in June 2022 as Managing Director and Senior Analyst following the Water and Agriculture sectors. Prior to joining Northcoast, Ryan was a Managing Director at Boenning & Scattergood from 2014 through 2022, where he also served as the firm’s Director of Research from 2019-2022. Previously, Ryan was Managing Director of Water & Agriculture research at Janney Montgomery Scott from 2010-2014, and a Senior Analyst following the Water sector at Boenning & Scattergood from 2006-2010.

Earlier in his career, he held buy-side research positions with PNC Advisors, where he covered industrials and basic materials, and ProShare Advisors, where he was responsible for fixed income research and trading. Ryan has won numerous analyst awards for stock picking and estimate accuracy, including being named the #2 stock picker in the Machinery sector for 2019 by Reuters/Refinitiv. His work has been cited by the Wall Street Journal, Financial Times, and Investors’ Business Daily, and he has served as a live guest on CNBC and Bloomberg Television. Ryan earned a Bachelor of Science degree in Finance from Saint Joseph’s University and a Master of Business Administration degree from Georgetown University. He holds the FINRA Series 7, 24, 63, 86, and 87 licenses.

WATER INFRASTRUCTUCE & TECHNOLOGY

Companies Covered

A.O. Smith Corporation – AOS                                                    Badger Meter, Inc. – BMI                                                            Ecolab, Inc. – ECL                                                                      Franklin Electric Company, Inc. – FELE                                    Mueller Industries, Inc. – MLI                                                      Mueller Water Products Inc. – MWA                                          Pentair Ltd. – PNR                                                                    Trimble Inc. – TRMB                                                            Watts Water Technologies Inc. – WTS                                      Xylem Inc. – XYL

REGULATED UTILITIES

Companies Covered

American Water Works Company, Inc. – AWK                          Essential Utilities, Inc. WTRG