Pentair (PNR) Earns Media Impact Rating of 0.21
Press coverage about Pentair (NYSE:PNR) has trended somewhat positive on Sunday, according to Accern. Accern rates the sentiment of media coverage by analyzing more than twenty million news and blog sources in real time. Accern ranks coverage of companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Pentair earned a media sentiment score of 0.21 on Accern’s scale. Accern also gave news articles about the industrial products company an impact score of 46.2867600470587 out of 100, meaning that recent media coverage is somewhat unlikely to have an effect on the stock’s share price in the immediate future.
A number of analysts have recently issued reports on PNR shares. Zacks Investment Research cut Pentair from a “buy” rating to a “hold” rating in a research report on Thursday, November 2nd. BMO Capital Markets reaffirmed a “hold” rating and issued a $70.00 price objective on shares of Pentair in a research report on Wednesday, September 6th. TheStreet cut Pentair from a “b” rating to a “c+” rating in a research report on Thursday, December 14th. KeyCorp reaffirmed a “buy” rating and issued a $77.00 price objective on shares of Pentair in a research report on Thursday, October 12th. Finally, Robert W. Baird raised their price objective on Pentair from $70.00 to $74.00 and gave the company 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 assigned a buy rating to the company. The company currently has an average rating of “Hold” and a consensus target price of $70.67.
Pentair (NYSE:PNR) traded up $0.49 during trading hours on Friday, reaching $70.62. The company had a trading volume of 661,264 shares, compared to its average volume of 854,385. The firm has a market cap of $12,824.38, a PE ratio of 21.40, a P/E/G ratio of 1.88 and a beta of 1.41. The company has a debt-to-equity ratio of 0.30, a quick ratio of 1.05 and a current ratio of 1.59. Pentair has a 1-year low of $55.76 and a 1-year high of $71.76.
The company also recently declared a quarterly dividend, which will be paid on Friday, February 9th. Investors of record on Friday, January 26th will be issued a dividend of $0.35 per share. This is a boost from Pentair’s previous quarterly dividend of $0.35. This represents a $1.40 annualized dividend and a yield of 1.98%. The ex-dividend date is Thursday, January 25th. Pentair’s dividend payout ratio (DPR) is presently 41.82%.
In related news, Director Trian Fund Management, L.P. acquired 384,571 shares of the stock in a transaction on Monday, November 20th. The shares were purchased at an average price of $68.41 per share, for a total transaction of $26,308,502.11. Following the purchase, the director now directly owns 1,122 shares in the company, valued at $76,756.02. The purchase was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, 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 value of $702,700.00. Following the transaction, the director now owns 50,656 shares in the company, valued at approximately $3,559,597.12. The disclosure for this sale can be found here. Over the last three months, insiders have 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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Pentair Company Profile
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.
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