Pentair Plc (PNR) announced a 9% hike in the quarterly dividend payout, marking its 49th consecutive year of a dividend increase. This is in sync with PNR’s long-standing commitment to returning capital to shareholders.Details of PNR’s Quarterly Dividend HikePentair will pay the new quarterly dividend of 25 cents on Feb. 7, 2025, to shareholders of record as of Jan. 24, 2025. The raised dividend takes the company’s dividend yield from the current 0.85% to 0.92%. PNR has a three-year dividend growth rate of ...

Group 1: Acquisition Details - Pentair plc has acquired G&F Manufacturing for approximately $108 million in cash, which is expected to modestly enhance earnings in 2025 [1][4] - G&F Manufacturing specializes in manufacturing heat pumps for pools under the Gulfstream brand, primarily serving the Southeast United States [2] - The acquisition aligns with Pentair's strategy to provide sustainable pool equipment solutions and meet customer demands in critical geographical regions [3] Group 2: Financial Performance - In Q3, Pentair's Pool segment net sales reached $331 million, reflecting a year-over-year increase of 7.3%, with operating earnings growing 24.4% to $112.7 million [5] - Overall net sales for Pentair declined 1.5% year-over-year to $993 million, although this figure exceeded the Zacks Consensus Estimate of $990 million [5] - Adjusted earnings per share for Q3 2024 were reported at $1.09, surpassing the Zacks Consensus Estimate of $1.07 and the company's guidance of $1.06-$1.08, marking a 14% improvement from the previous year [6] Group 3: Stock Performance - Pentair's stock has appreciated by 65.5% over the past year, significantly outperforming the industry average growth of 30.2% [7]

A month has gone by since the last earnings report for Pentair plc (PNR) . Shares have added about 6.3% in that time frame, outperforming the S&P 500.Will the recent positive trend continue leading up to its next earnings release, or is Pentair due for a pullback? Before we dive into how investors and analysts have reacted as of late, let's take a quick look at its most recent earnings report in order to get a better handle on the important drivers. Pentair Beats Q3 Earnings & Sales Estimates, Raises '24 Ou ...

Investors interested in Waste Removal Services stocks are likely familiar with Pentair plc (PNR) and Waste Management (WM) . But which of these two stocks presents investors with the better value opportunity right now? Let's take a closer look.The best way to find great value stocks is to pair a strong Zacks Rank with an impressive grade in the Value category of our Style Scores system. The proven Zacks Rank emphasizes companies with positive estimate revision trends, and our Style Scores highlight stocks w ...

Lower interest rates will improve the housing market, and this stock is ideally placed to benefit. With lower interest rates, it's time to consider some housing-related stocks. The housing market is always interest-rate-sensitive due to the influence of mortgage rates on house pricing and sales. Home Depot (NYSE: HD) is an obvious choice and an acceptable and worthy option when people are spending more on their homes. Still, I think pool products and water solutions company Pentair (PNR -0.43%) is arguably ...

Momentum investing is all about the idea of following a stock's recent trend, which can be in either direction. In the 'long' context, investors will essentially be "buying high, but hoping to sell even higher." And for investors following this methodology, taking advantage of trends in a stock's price is key; once a stock establishes a course, it is more than likely to continue moving in that direction. The goal is that once a stock heads down a fixed path, it will lead to timely and profitable trades.Whil ...

Pentair plc PNR reported better-than-expected results for its third quarter on Tuesday.The company reported that third-quarter 2024 net sales fell 2% year over year to $993 million, beating the consensus of $988.8 million. Adjusted EPS rose 16% Y/Y to $1.09, surpassing the consensus of $1.07.For FY24 Outlook, Pentair raised adjusted EPS to $4.27 (from $4.25) vs. consensus of $4.25. Meanwhile, the company continues to see sales growth of roughly flat to down 1% on a reported basis.Pentair sees fourth-quarter ...

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q ☑ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the Quarterly Period Ended September 30, 2024 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 Commission file number: 001-11625 Pentair plc | --- | --- | --- | --- | |--------------------------------------------------------------------------------------------------------- ...

Pentair plc (PNR) has reported third-quarter 2024 adjusted earnings per share (EPS) of $1.09, beating the Zacks Consensus Estimate of $1.07. The bottom line also surpassed the company’s guidance of $1.06-$1.08 and improved 14% from the 94 cents reported in the prior year.Including one-time items, EPS was 84 cents compared with the prior-year quarter’s 79 cents.Net sales declined 1.5% year over year to $993 million in the quarter under review. However, the top line surpassed the Zacks Consensus Estimate of $ ...

Pentair plc (PNR) reported $993.4 million in revenue for the quarter ended September 2024, representing a year-over-year decline of 1.5%. EPS of $1.09 for the same period compares to $0.94 a year ago.The reported revenue represents a surprise of +0.35% over the Zacks Consensus Estimate of $989.94 million. With the consensus EPS estimate being $1.07, the EPS surprise was +1.87%.While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determi ...