News headlines about Pentair (NYSE:PNR) have trended somewhat positive recently, Accern Sentiment reports. The research firm rates the sentiment of media coverage by monitoring more than twenty million blog and news sources. Accern ranks coverage of companies on a scale of negative one to one, with scores nearest to one being the most favorable. Pentair earned a news sentiment score of 0.22 on Accern’s scale. Accern also assigned media stories about the industrial products company an impact score of 46.2280929543584 out of 100, meaning that recent media coverage is somewhat unlikely to have an effect on the stock’s share price in the immediate future.
Shares of Pentair (NYSE PNR) traded down $0.37 on Friday, hitting $73.76. The company had a trading volume of 1,429,150 shares, compared to its average volume of 914,044. The company has a debt-to-equity ratio of 0.30, a current ratio of 1.59 and a quick ratio of 1.05. Pentair has a 1-year low of $57.44 and a 1-year high of $74.47. The firm has a market cap of $13,460.00, a price-to-earnings ratio of 35.12, a PEG ratio of 1.72 and a beta of 1.41.
Pentair (NYSE:PNR) last released its earnings results on Tuesday, October 24th. The industrial products company reported $0.95 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of $0.93 by $0.02. The firm had revenue of $1.23 billion for the quarter, compared to analysts’ expectations of $1.23 billion. Pentair had a return on equity of 13.39% and a net margin of 12.50%. The business’s quarterly revenue was up 1.3% compared to the same quarter last year. During the same quarter in the previous year, the business posted $0.78 EPS. research analysts anticipate that Pentair will post 3.53 EPS for the current fiscal year.
The company also recently announced a quarterly dividend, which will be paid on Friday, February 9th. Shareholders of record on Friday, January 26th will be paid a $0.35 dividend. This is a boost from Pentair’s previous quarterly dividend of $0.35. The ex-dividend date is Thursday, January 25th. This represents a $1.40 annualized dividend and a yield of 1.90%. Pentair’s payout ratio is presently 65.71%.
Several equities analysts recently issued reports on the company. Jefferies Group reiterated a “hold” rating and issued a $59.00 price objective on shares of Pentair in a research report on Thursday, September 21st. Morgan Stanley reiterated an “equal weight” rating and issued a $74.00 price objective (up from $70.00) on shares of Pentair in a research report on Monday, October 2nd. Cowen reiterated an “underperform” rating and issued a $61.00 price objective (up from $59.00) on shares of Pentair in a research report on Monday, October 2nd. Stifel Nicolaus reiterated a “hold” rating and issued a $67.00 price objective on shares of Pentair in a research report on Wednesday, October 4th. Finally, Robert W. Baird reiterated a “hold” rating and issued a $70.00 price objective on shares of Pentair in a research report on Wednesday, October 4th. Five investment analysts have rated the stock with a sell rating, seven have given a hold rating and five have assigned a buy rating to the company. Pentair presently has a consensus rating of “Hold” and an average target price of $70.67.
In other news, Director Trian Fund Management, L.P. bought 9,966 shares of the business’s stock in a transaction on Monday, November 27th. The shares were purchased at an average price of $69.22 per share, for a total transaction of $689,846.52. Following the purchase, the director now owns 1,122 shares of the company’s stock, valued at approximately $77,664.84. The purchase was disclosed in a filing with the SEC, which is available through the SEC website. Also, insider Karl R. Frykman sold 7,385 shares of the business’s stock in a transaction that occurred on Tuesday, November 21st. The shares were sold at an average price of $70.00, for a total value of $516,950.00. Following the completion of the sale, the insider now owns 40,775 shares in the company, valued at approximately $2,854,250. The disclosure for this sale can be found here. Insiders sold a total of 212,432 shares of company stock worth $14,434,886 in the last 90 days. Company insiders own 9.90% of the company’s stock.
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Pentair, Inc (Pentair) is a focused diversified industrial manufacturing company. The Company operates in two segments: Water & Fluid Solutions and Technical Products. Water & Fluid Solutions is providing products and systems used worldwide in the movement, storage and treatment of water. Technical Products is engaged in the global enclosures and thermal management markets, designing and manufacturing standard, modified and custom enclosures that house and protect sensitive electronics and electrical components and protect the people that use them.
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