Pentair (PNR) Earns News Impact Score of 0.31

Press coverage about Pentair (NYSE:PNR) has trended positive recently, Accern Sentiment reports. Accern ranks the sentiment of media coverage by analyzing more than 20 million blog and news sources. 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 earned a news sentiment score of 0.31 on Accern’s scale. Accern also gave press coverage about the industrial products company an impact score of 46.3331561863043 out of 100, indicating that recent media coverage is somewhat unlikely to have an impact on the stock’s share price in the next few days.

These are some of the media headlines that may have effected Accern Sentiment Analysis’s scoring:

Several equities analysts recently issued reports on PNR shares. TheStreet downgraded shares of Pentair from a “b” rating to a “c+” rating in a report on Thursday, December 14th. Zacks Investment Research cut shares of Pentair from a “buy” rating to a “hold” rating in a research report on Thursday, November 2nd. KeyCorp restated a “buy” rating and set a $77.00 price objective on shares of Pentair in a report on Thursday, October 12th. BMO Capital Markets upped their price target on shares of Pentair from $78.00 to $79.00 and gave the company a “market perform” rating in a report on Wednesday, October 25th. Finally, Robert W. Baird boosted their price objective on shares of Pentair from $70.00 to $74.00 and gave the stock a “neutral” rating in a research report on Wednesday, October 25th. Five investment analysts have rated the stock with a sell rating, seven have given a hold rating and five have issued a buy rating to the stock. Pentair presently has a consensus rating of “Hold” and a consensus target price of $70.67.

Pentair (NYSE:PNR) opened at $73.41 on Thursday. The company has a quick ratio of 1.05, a current ratio of 1.59 and a debt-to-equity ratio of 0.30. Pentair has a fifty-two week low of $56.71 and a fifty-two week high of $73.68. The stock has a market cap of $13,230.00, a P/E ratio of 34.96, a P/E/G ratio of 1.72 and a beta of 1.41.

Pentair (NYSE:PNR) last released its quarterly earnings results on Tuesday, October 24th. The industrial products company reported $0.95 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.93 by $0.02. The firm had revenue of $1.23 billion during the quarter, compared to analyst estimates of $1.23 billion. Pentair had a net margin of 12.50% and a return on equity of 13.39%. The company’s revenue was up 1.3% compared to the same quarter last year. During the same quarter last year, the business earned $0.78 EPS. equities analysts expect that Pentair will post 3.53 earnings per share for the current year.

The firm also recently declared a quarterly dividend, which will be paid on Friday, February 9th. Investors of record on Friday, January 26th will be given a $0.35 dividend. The ex-dividend date is Thursday, January 25th. This represents a $1.40 annualized dividend and a yield of 1.91%. This is an increase from Pentair’s previous quarterly dividend of $0.35. Pentair’s dividend payout ratio (DPR) is presently 65.71%.

In other Pentair news, Director William T. Monahan sold 10,000 shares of the firm’s stock in a transaction on Wednesday, November 1st. The stock was sold at an average price of $70.27, for a total transaction of $702,700.00. Following the transaction, the director now directly owns 50,656 shares in the company, valued at approximately $3,559,597.12. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, insider Karl R. Frykman sold 11,386 shares of the firm’s stock in a transaction on Wednesday, November 1st. The shares were sold at an average price of $70.24, for a total value of $799,752.64. Following the transaction, the insider now owns 36,476 shares in the company, valued at $2,562,074.24. The disclosure for this sale can be found here. In the last three months, insiders sold 212,432 shares of company stock valued at $14,434,886. 9.90% of the stock is currently owned by insiders.

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About Pentair

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 (NYSE:PNR)

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