Group 1 - Pentair plc (PNR) has shown strong year-to-date performance, with a gain of approximately 30.7%, outperforming the average gain of 13.9% in the Industrial Products sector [4] - The Zacks Rank for Pentair plc is currently 2 (Buy), indicating a favorable outlook based on earnings estimate revisions and improving earnings outlooks [3][4] - The Zacks Consensus Estimate for Pentair's full-year earnings has increased by 0.9% over the past 90 days, reflecting stronger analyst sentiment [4] Group 2 - Pentair plc belongs to the Manufacturing - Thermal Products industry, which is ranked 8 in the Zacks Industry Rank, with stocks in this group gaining about 29.5% year-to-date [6] - Another stock in the Industrial Products sector, Schneider Electric SE (SBGSY), has also outperformed, with a year-to-date increase of 29.5% and a Zacks Rank of 2 (Buy) [5][6] - The Manufacturing - Electronics industry, to which Schneider Electric belongs, is ranked 29 and has seen a gain of 16.8% this year [6]
Are Industrial Products Stocks Lagging Pentair (PNR) This Year?