Somewhat Favorable News Coverage Somewhat Unlikely to Affect Pentair plc. Ordinary Share (PNR) Stock Price

News articles about Pentair plc. Ordinary Share (NYSE:PNR) have trended somewhat positive recently, Accern Sentiment Analysis reports. The research firm ranks the sentiment of media coverage by monitoring more than 20 million news and blog sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores nearest to one being the most favorable. Pentair plc. Ordinary Share earned a media sentiment score of 0.16 on Accern’s scale. Accern also gave news coverage about the industrial products company an impact score of 46.3147798531434 out of 100, indicating that recent media coverage is somewhat unlikely to have an effect on the company’s share price in the near future.

Shares of Pentair plc. Ordinary Share (NYSE:PNR) traded up $1.42 during trading hours on Wednesday, reaching $70.81. The company had a trading volume of 1,540,531 shares, compared to its average volume of 1,200,000. Pentair plc. Ordinary Share has a 12 month low of $57.63 and a 12 month high of $74.84. The firm has a market cap of $12,600.00, a price-to-earnings ratio of 20.06, a P/E/G ratio of 1.71 and a beta of 1.38. The company has a quick ratio of 0.97, a current ratio of 1.46 and a debt-to-equity ratio of 0.29.

Pentair plc. Ordinary Share (NYSE:PNR) last announced its quarterly earnings data on Tuesday, January 30th. The industrial products company reported $0.93 earnings per share for the quarter, meeting analysts’ consensus estimates of $0.93. The business had revenue of $1.26 billion for the quarter, compared to analyst estimates of $1.24 billion. Pentair plc. Ordinary Share had a return on equity of 13.41% and a net margin of 13.50%. The company’s revenue was up 6.1% on a year-over-year basis. During the same period in the prior year, the company earned $0.78 earnings per share. equities analysts predict that Pentair plc. Ordinary Share will post 4.03 earnings per share for the current fiscal year.

The company also recently disclosed a quarterly dividend, which was paid on Friday, February 9th. Stockholders of record on Friday, January 26th were issued a $0.35 dividend. The ex-dividend date was Thursday, January 25th. This is a positive change from Pentair plc. Ordinary Share’s previous quarterly dividend of $0.35. This represents a $1.40 dividend on an annualized basis and a dividend yield of 1.98%. Pentair plc. Ordinary Share’s dividend payout ratio is currently 39.66%.

Several research analysts have recently commented on PNR shares. Zacks Investment Research lowered Pentair plc. Ordinary Share from a “buy” rating to a “sell” rating in a research report on Tuesday, December 26th. TheStreet lowered Pentair plc. Ordinary Share from a “b” rating to a “c+” rating in a research report on Thursday, December 14th. UBS Group assumed coverage on Pentair plc. Ordinary Share in a research report on Monday, January 22nd. They set a “sell” rating on the stock. BMO Capital Markets upped their target price on Pentair plc. Ordinary Share from $78.00 to $79.00 and gave the company a “market perform” rating in a research report on Wednesday, October 25th. Finally, Robert W. Baird upped their target price on Pentair plc. Ordinary Share from $70.00 to $74.00 and gave the company a “neutral” rating in a research report on Wednesday, October 25th. Four equities research analysts have rated the stock with a sell rating, nine have assigned a hold rating and three have given a buy rating to the company’s stock. Pentair plc. Ordinary Share has an average rating of “Hold” and an average price target of $72.09.

In other news, CFO John L. Stauch sold 2,392 shares of the stock in a transaction dated Wednesday, January 3rd. The stock was sold at an average price of $70.30, for a total value of $168,157.60. The sale was disclosed in a document filed with the SEC, which is available through this link. Also, Director Trian Fund Management, L.P. acquired 384,571 shares of the business’s stock in a transaction dated Monday, November 20th. The stock was purchased at an average cost of $68.41 per share, for a total transaction of $26,308,502.11. Following the completion of the acquisition, the director now directly owns 1,122 shares of the company’s stock, valued at approximately $76,756.02. The disclosure for this purchase can be found here. Insiders sold 193,438 shares of company stock worth $13,100,591 over the last three months. Corporate insiders own 9.90% of the company’s stock.

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About Pentair plc. Ordinary Share

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.

Insider Buying and Selling by Quarter for Pentair plc. Ordinary Share (NYSE:PNR)

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