Workflow
Residential and commercial water solutions
icon
Search documents
Pentair Announces Retirement of Chairman of the Board David A. Jones and Appointment of T.
Businesswire· 2026-03-20 20:54
Core Viewpoint - Pentair announces the retirement of Chairman David A. Jones and the appointment of T. Michael Glenn as the new Chair of the Board, effective after the annual general meeting on May 5, 2026 [1][2]. Leadership Changes - David A. Jones has been a member of Pentair's Board since 2003 and Chairman since 2018, expressing confidence in the company's future [1][3]. - T. Michael Glenn, who has been an independent director since 2007 and has extensive experience in strategic planning and marketing, will take over as Chair [2][3]. Company Performance - Pentair reported revenue of approximately $4.2 billion in 2025, indicating a strong financial position [5]. - The company has approximately 9,000 employees and serves customers in over 150 countries, focusing on sustainable water solutions [5]. Dividend Announcement - Pentair announced a quarterly cash dividend of $0.27 per share, marking the 50th consecutive year of dividend increases [11].
Pentair to Attend the 2026 J.P. Morgan Industrials Conference
Businesswire· 2026-03-10 10:50
Core Insights - Pentair plc will attend the 2026 J.P. Morgan Industrials Conference on March 18, 2026, with presentations by CEO John Stauch and CFO Nick Brazis [1] - The company reported revenue of approximately $4.2 billion in 2025 and is recognized as a leader in sustainable water solutions [1] Company Information - Pentair plc is listed on the NYSE under the ticker symbol PNR and focuses on sustainable water management solutions [1] - The company employs around 9,000 people globally and serves customers in over 150 countries [1] Financial Highlights - Pentair announced a quarterly cash dividend of $0.27 per share, marking the 50th consecutive year of dividend increases [1]
Pentair Hosts 2026 Investor Day
Businesswire· 2026-03-04 11:50
Core Insights - Pentair plc is hosting its 2026 Investor Day in New York City, focusing on its strategy, growth drivers, transformation initiatives, and long-term financial objectives, with new financial targets set through fiscal 2028 [1] - The company emphasizes its unique position to lead in global water solutions amid trends of water scarcity and infrastructure modernization, aiming for long-term sales growth, margin expansion, and stronger free cash flow [1] - Pentair reiterates its 2026 guidance, reflecting confidence in its business model and growth potential [1] Company Strategy and Financial Goals - Presentations at the Investor Day will include insights from the CEO and CFO, detailing Pentair's growth algorithm and balanced contributions across its portfolio [1] - The company aims to drive shareholder value through innovation, operational execution, and disciplined capital deployment [1] - Pentair's revenue for 2025 was approximately $4.2 billion, indicating a strong financial foundation for future growth [2] Leadership and Organizational Changes - New strategic appointments within Pentair's executive leadership team are aimed at accelerating growth and enhancing customer focus [2] - The leadership changes are part of the company's efforts to deliver exceptional value to customers and position itself for long-term success [2]
Pentair Announces Quarterly Cash Dividend of $0.27
Businesswire· 2026-02-23 21:20
Core Viewpoint - Pentair plc has announced a quarterly cash dividend of $0.27 per share, marking the 50th consecutive year of dividend increases [1] Company Summary - The dividend will be paid on May 1, 2026, to shareholders of record as of April 17, 2026 [1] - Pentair focuses on sustainable water solutions for both residential and commercial sectors, as well as industrial water management [1]
Pentair Reports Strong Fourth Quarter and Full Year 2025 Results
Businesswire· 2026-02-03 11:50
Core Insights - Pentair reported strong financial results for the fourth quarter and full year 2025, with a GAAP EPS of $3.93, up 5% from 2024, and an adjusted EPS of $4.92, up 14% from the previous year [1][2] - The company anticipates continued growth in 2026, projecting GAAP EPS guidance of approximately $4.94 to $5.09, representing a 26% to 30% increase [2][3] - Pentair celebrated its 50th consecutive year of dividend increases, announcing an 8% increase in its quarterly cash dividend to $0.27 per share [2][3] Financial Performance - Fourth quarter 2025 sales reached $1,021 million, a 5% increase year-over-year, while full year sales totaled $4.2 billion, up 2% from 2024 [1][2] - Operating income for the fourth quarter was $205 million, a 5% increase, with a return on sales (ROS) of 20.1%, remaining flat compared to the same quarter in 2024 [1][2] - Full year operating income increased by 7% to $858 million, with an ROS of 20.5%, an increase of 80 basis points from the prior year [1][2] Segment Performance - Flow sales increased by 9% in the fourth quarter and 3% for the full year, with reportable segment income up 22% in Q4 [2][3] - Water Solutions sales decreased by 10% in Q4 and 6% for the full year, with reportable segment income remaining flat [2][3] - Pool sales rose by 11% in Q4 and 9% for the full year, with reportable segment income also increasing by 11% [2][3] Cash Flow and Shareholder Returns - Full year net cash provided by operating activities was $815 million, an increase of $48 million compared to 2024, with free cash flow of $748 million, up $55 million [1][2] - The company repurchased 2.3 million shares for $225 million during 2025, with $1 billion available for future share repurchases [2][3] - Pentair's dividend increase marks a significant milestone, reflecting its commitment to returning value to shareholders [2][3]
Pentair Announces Quarterly Cash Dividend of $0.25
Businesswire· 2025-09-22 20:20
Core Viewpoint - Pentair plc announced a quarterly cash dividend of $0.25 per share, marking the 49th consecutive year of dividend increases [1] Company Overview - Pentair focuses on sustainable water solutions for residential, commercial, and industrial applications [1]