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Pentair plc (PNR.N)

PNR.N on New York Stock Exchange

73.17USD
23 Jan 2018
Change (% chg)

$-0.77 (-1.04%)
Prev Close
$73.94
Open
$73.24
Day's High
$73.36
Day's Low
$72.45
Volume
423,961
Avg. Vol
259,771
52-wk High
$74.84
52-wk Low
$57.45

Latest Key Developments (Source: Significant Developments)

Pentair Announces Dividend Increase And Quarterly Cash Dividend
Tuesday, 5 Dec 2017 

Dec 5 (Reuters) - Pentair Plc ::PENTAIR ANNOUNCES DIVIDEND INCREASE AND QUARTERLY CASH DIVIDEND.PENTAIR - BOARD APPROVED A 1 PERCENT INCREASE IN COMPANY'S REGULAR CASH DIVIDEND RATE, FROM $0.345 PER SHARE TO $0.35 PER SHARE.  Full Article

nVent files SEC form 10 for planned spin-off from Pentair
Monday, 30 Oct 2017 

Oct 30 (Reuters) - Pentair Plc :Reg-nVent files SEC form 10 for planned spin-off from Pentair.Pentair Plc - ‍nVent Electric filed initial form 10 registration statement with U.S. Securities and Exchange Commission​.Pentair Plc - ‍Pentair's separation into two independent, publicly-traded companies remains on track to be completed in Q2 of 2018​.  Full Article

Pentair announces new electrical company nVent
Tuesday, 24 Oct 2017 

Oct 24 (Reuters) - Pentair PLC :Reg-Pentair announces new electrical company nVent.Pentair PLC - ‍stacy McMahan to be named nVent CFO, joining CEO Beth A. Wozniak's leadership team​.Pentair PLC - ‍Company's separation into two independent, publicly-traded companies remains on track to be completed in Q2 of 2018​.Pentair PLC - ‍McMahan previously served as CFO at Spectranetics Corporation​.  Full Article

Pentair reports Q3 GAAP earnings per share $0.69
Tuesday, 24 Oct 2017 

Oct 24 (Reuters) - Pentair PLC :Reg-Pentair reports third quarter 2017 results.Q3 adjusted earnings per share $0.95.Q3 earnings per share $0.69 from continuing operations.Q3 sales $1.2 billion versus I/B/E/S view $1.23 billion.Q3 earnings per share view $0.93 -- Thomson Reuters I/B/E/S.Sees FY 2017 GAAP earnings per share about $2.41.Sees Q4 2017 GAAP earnings per share about $0.82.Sees FY 2017 sales $4.9 billion.Q3 GAAP earnings per share $0.69.Sees Q4 revenue about $1.24 billion.Sees Q4 revenue up about 4 percent.FY2017 earnings per share view $3.51, revenue view $4.92 billion -- Thomson Reuters I/B/E/S.Q4 earnings per share view $0.93, revenue view $1.23 billion -- Thomson Reuters I/B/E/S.PENTAIR PLC - sees ‍2017 adjusted EPS to be approximately $3.53​.  Full Article

Pentair Q3 adjusted earnings per share $0.78
Tuesday, 25 Oct 2016 

Pentair Plc : Q3 adjusted earnings per share $0.78 . Q3 earnings per share $0.64 from continuing operations . Updates its 2016 gaap eps guidance to approximately $2.50 and on an adjusted basis to approximately $3.00. . Sees fy 2016 sales $4.9 billion . Anticipates full year 2016 sales of $4.9 billion, or up about 7 percent on a reported basis and down approximately 1 percent on a core basis . Continues to expect to deliver full year free cash flow of approximately 100 percent of adjusted net income . "Remain on track for sale of our valves & controls business to be completed at end of this year or early next year" . Continues to expect to deliver full year free cash flow of approximately 100 percent of adjusted net income . Updating q4 guidance to reflect ongoing sluggish industrial environment; no longer expect to see typical end of year push on capital spending . Qtrly net sales $1,210.7 million versus $1,112.8 million . Q3 earnings per share view $0.72, revenue view $1.25 billion -- Thomson Reuters I/B/E/S .Fy2016 revenue view $5.07 billion -- Thomson Reuters I/B/E/S.  Full Article

Emerson Electric to pay Pentair cash reverse termination fee if deal is terminated
Thursday, 18 Aug 2016 

Emerson Electric Co :If deal is terminated under specified antitrust related circumstances, co to pay Pentair, cash reverse termination fee - SEC filing.  Full Article

Emerson to purchase Valves & Controls business of Pentair for $3.15 bln
Thursday, 18 Aug 2016 

Emerson Electric Co says - :Emerson announced it has signed an agreement to purchase the Valves & Controls business of Pentair for $3.15 billion.  Full Article

Pentair reports Q2 adjusted EPS of $1.11
Thursday, 28 Jul 2016 

Pentair Plc : Qtrly GAAP EPS of $0.78 and adjusted EPS of $1.11. . Co updates its 2016 GAAP EPS to range of $3.23 - $3.38 and on adjusted basis to a range of $4.05 - $4.20 . Says anticipates FY 2016 sales of $6.7 billion, or up about 4 percent on a reported basis and down about 1 percent on a core basis . Q2 earnings per share view $1.09, revenue view $1.72 billion -- Thomson Reuters I/B/E/S . FY 2016 earnings per share view $4.05, revenue view $6.66 billion -- Thomson Reuters I/B/E/S . Qtrly net sales $1.73 billion versus $1.66 billion . Sees Q3 GAAP EPS guidance of $0.86 - $0.92 and adjusted basis $1.02 - $1.08 . Expects Q3 revenue to be approximately $1.66 billion, which would be up approximately 7 percent on a reported basis and flat on a core basis .Q3 earnings per share view $1.07, revenue view $1.64 billion -- Thomson Reuters I/B/E/S.  Full Article

Pentair explores sale of valves-and-controls business - WSJ,citing sources
Thursday, 2 Jun 2016 

:Pentair explores sale of valves-and-controls business; sale could fetch more than $2 billion - WSJ, citing sources.  Full Article

Nelson Peltz's Trian fund management reports 7.93 pct stake in Pentair Plc
Tuesday, 10 May 2016 

Pentair Plc:. Nelson Peltz's Trian Fund Management Reports 7.93 Pct Stake In Pentair Plc .. Trian fund management previously reported a 7.95 stake in pentair plc as of february 17, 2016 ..Ed garden, cio of trian management, appointed as director of pentair.  Full Article

Suez sees more M&A as water treatment business booms

PARIS French waste and water group Suez expects more mergers and acquisitions in the very fragmented market for industrial water treatment, its CEO said, after its purchase of General Electric's water business in March for $3.4 billion.