Pentair PLC. Company Profile (NYSE:PNR)

Pentair PLC. trades on the New York Stock Exchange (NYSE) under the ticker symbol "PNR."

Pentair PLC. announced a quarterly dividend on Friday, May 12th. Investors of record on Friday, July 21st will be paid a dividend of $0.345 per share on Friday, August 4th. This represents a $1.38 dividend on an annualized basis and a dividend yield of 2.13%. The ex-dividend date of this dividend is Wednesday, July 19th. View Pentair PLC.'s Dividend History.

Pentair PLC. (NYSE:PNR) announced its earnings results on Tuesday, April, 25th. The company reported $0.65 EPS for the quarter, topping the Thomson Reuters' consensus estimate of $0.61 by $0.04. The business had revenue of $1.18 billion for the quarter, compared to the consensus estimate of $1.14 billion. Pentair PLC. had a return on equity of 14.19% and a net margin of 9.46%. The company's revenue was down .5% on a year-over-year basis. During the same quarter in the prior year, the business earned $0.76 earnings per share. View Pentair PLC.'s Earnings History.

Pentair PLC. updated its FY17 earnings guidance on Tuesday, April, 25th. The company provided earnings per share guidance of $3.45-3.55 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $3.48. The company issued revenue guidance of $4.8 billion, compared to the consensus revenue estimate of $4.76 billion.Pentair PLC. also updated its Q2 guidance to $0.97-0.99 EPS.

16 analysts have issued 12-month target prices for Pentair PLC.'s shares. Their forecasts range from $59.00 to $77.00. On average, they expect Pentair PLC.'s share price to reach $66.17 in the next year. View Analyst Ratings for Pentair PLC..

Here are some recent quotes from research analysts about Pentair PLC. stock:

• 1. According to Zacks Investment Research, "Pentair has outperformed the Zacks sub-industry year to date. Pentair expects full-year 2017 adjusted EPS guidance to be in the range of $3.45–$3.55 and revenues to approximately $4.8 billion. The company will gain from continued dealer wins, strong product innovations and the sale of Valves & Controls. It also remains focused on making progress in building order channel. Further, Pentair's focus on price increases will help mitigate cost inflation. The company also has a positive record of earnings surprises in recent quarters." (7/12/2017)
• 2. Credit Suisse Group analysts commented, "Given signs of a bottoming in the latter, and PNR's late-cycle sales mix, we think this out-growth is unlikely to accelerate. While its markets are strong now, we note that PNR's cyclicality was no lower than the sector average during the 2009 downturn," analyst Julian Mitchell wrote in a note. That said, Mitchell noted that the company should continue to record strong margin growth, while its operating margins have increased by about 300bps over the past three years.Related Link: Cowen & Company Downgrades Pentair To Underperform"We view five business units (-30 percent of sales) as 'under-earning' today, in that they offer 300bps+ of margin expansion opportunity; we assume that two-thirds of this opportunity (equating to $0.18–0.20 of EPS) is indeed realized in the next few years," Mitchell continued. Meanwhile, investors would focus on how the company deploys its V&C proceeds, while the company is keen to put the remaining balance sheet capacity of $1.4 billion to work.Mitchell said although the move would add $0.45 to EPS, it would increase the leverage "at the very top of the large-cap EE/MI leverage spectrum (implying ~3X ND /EBITDA), and back to a level which management apparently found too high."Notably, the main aim behind the sale of V&C was to reduce the leverage."There is a risk that PNR uses the proceeds from selling assets that may be close to a cyclical trough (V&C), to buy businesses that may be close to a cyclical peak (in Water, TS), and the company seems willing to return to a similar balance sheet leverage level (3X) as before the V&C sale took place," (9/26/2016)

Some companies that are related to Pentair PLC. include Ingersoll-Rand PLC (Ireland) (IR), Stanley Black & Decker (SWK), Assa Abloy AB (ASAZY), Parker-Hannifin Corporation (PH), Rockwell Automation (ROK), Sandvik AB (SDVKY), Tenaris S.A. (TS), Ball Corporation (BLL), Cintas Corporation (CTAS), Toray Industries (TRYIY), Norsk Hydro ASA (NHYDY), Dover Corporation (DOV), Xylem (XYL), Packaging Corporation of America (PKG), Fortune Brands Home & Security (FBHS), Smith (A.O.) Corporation (AOS), W.W. Grainger (GWW) and AB SKF (SKFRY).

Pentair PLC.'s stock is owned by a number of of retail and institutional investors. Top institutional investors include TRIAN FUND MANAGEMENT, L.P. (8.34%), Rockefeller Financial Services Inc. (0.60%), US Bancorp DE (0.49%), Vaughan Nelson Investment Management L.P. (0.48%), Mountain Pacific Investment Advisers Inc. ID (0.11%) and Gateway Investment Advisers LLC (0.11%). Company insiders that own Pentair PLC. stock include Angela D Jilek, Christopher Stevens, David A /Wi Jones, Edward P Garden, Glynis Bryan, Karl R Frykman, Mark C Borin, Randall J Hogan, Ronald Merriman, T Michael Glenn, Trian Fund Management, LP and William T Monahan. View Institutional Ownership Trends for Pentair PLC..

Pentair PLC.'s stock was sold by a variety of institutional investors in the last quarter, including Rockefeller Financial Services Inc., Vaughan Nelson Investment Management L.P., Independent Portfolio Consultants Inc., BTR Capital Management Inc., Exxonmobil Investment Management Inc. TX, LS Investment Advisors LLC, Xact Kapitalforvaltning AB and Kirr Marbach & Co. LLC IN. Company insiders that have sold Pentair PLC. stock in the last year include Angela D Jilek, David A /Wi Jones, Glynis Bryan, Mark C Borin, Randall J Hogan, Ronald Merriman and T Michael Glenn. View Insider Buying and Selling for Pentair PLC..

Pentair PLC.'s stock was purchased by a variety of institutional investors in the last quarter, including Armstrong Shaw Associates Inc. CT, Mn Services Vermogensbeheer B.V., Bedrijfstakpensioenfonds Voor DE Media PNO, Manning & Napier Advisors LLC, Catawba Capital Management VA, Oakbrook Investments LLC, Bank of Montreal Can and Nisa Investment Advisors LLC. Company insiders that have bought Pentair PLC. stock in the last two years include Edward P Garden and Trian Fund Management, LP. View Insider Buying and Selling for Pentair PLC..

Shares of Pentair PLC. can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

One share of Pentair PLC. stock can currently be purchased for approximately $64.77.