RBC Capital Maintains Outperform on Pentair, Raises Price Target to $101
$PNR
Industrial Machinery/Components
Industrials
RBC Capital analyst Deane Dray maintains Pentair (NYSE:PNR) with a Outperform and raises the price target from $99 to $101.
Save time and jump to the most important pieces.
| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 1/6/2025 | Overweight → Sector Weight | KeyBanc Capital Markets | |
| 11/26/2024 | $125.00 | Outperform | Wolfe Research |
| 7/19/2024 | Buy → Neutral | Northcoast | |
| 4/15/2024 | $100.00 | Neutral → Buy | Northcoast |
| 3/22/2024 | $91.00 | Buy → Neutral | Goldman |
| 3/12/2024 | $86.00 | Neutral | Exane BNP Paribas |
| 1/12/2024 | $75.00 → $79.00 | Sector Perform → Outperform | RBC Capital Mkts |
| 1/11/2024 | $46.00 → $76.00 | Underperform → Neutral | BofA Securities |
Fourth quarter sales of $973 million; full year 2024 sales of $4.1 billion. Operating income in the fourth quarter increased 17 percent to $195 million reflecting ROS of 20.1 percent, an increase of 310 basis points when compared to fourth quarter 2023; on an adjusted basis, ROS expanded 370 basis points to 23.8 percent. Full year operating income increased 9 percent to $804 million reflecting ROS of 19.7 percent, an increase of 170 basis points from the prior year; on an adjusted basis, ROS expanded 270 basis points to 23.5 percent. Fourth quarter GAAP EPS of $0.99 and adjusted EPS of $1.08; full year 2024 GAAP EPS of $3.74 and adjusted EPS of $4.33. Full year net cash provided b
Pentair plc (NYSE:PNR), a leader in helping the world sustainably move, improve and enjoy water, life's most essential resource, will report its fourth quarter and full year 2024 results before the opening of the New York Stock Exchange on Tuesday, February 4, 2025. The company will also hold a conference call with investors at 9:00 a.m. Eastern Time that day. Related presentation materials will be posted to the "Investor Relations" section of the company's website (www.pentair.com) prior to the conference call. Conference Call Details The call can be accessed via webcast through the "Investor Relations" section of Pentair's website or by dialing (844) 481-2705 or (412) 317-0661 along
Pentair plc (NYSE:PNR), a leader in helping the world sustainably move, improve and enjoy water, life's most essential resource, announced today that it will pay a regular quarterly cash dividend of $0.25 per share on February 7, 2025, to shareholders of record at the close of business on January 24, 2025. The $0.25 per share quarterly cash dividend, or $1.00 per share on an annualized basis, represents an approximate 9 percent increase in the company's regular cash dividend rate as compared to $0.23 per share per quarter in 2024, or $0.92 per share on an annualized basis. 2025 will mark the 49th consecutive year that Pentair has increased its dividend. CAUTION CONCERNING FORWARD-LOOKING
8-K - PENTAIR plc (0000077360) (Filer)
10-Q - PENTAIR plc (0000077360) (Filer)
8-K - PENTAIR plc (0000077360) (Filer)
Pentair plc (NYSE:PNR), a leader in helping the world sustainably move, improve and enjoy water, life's most essential resource, will be attending Citi's 2025 Global Industrial Tech and Mobility Conference on February 18th and Barclays Annual Industrial Select Conference on February 19th, both conferences in Miami, Florida. Executive Vice President and Chief Financial Officer Bob Fishman and Executive Vice President and Chief Executive Officer of Pool Jerome Pedretti will present at 11:20 a.m. on February 18th and at 11:35 a.m. on February 19th Eastern Time. A live webcast of the presentations can be accessed through the "Investor Relations" section of Pentair's website (www.pentair.com).
Fourth quarter sales of $973 million; full year 2024 sales of $4.1 billion. Operating income in the fourth quarter increased 17 percent to $195 million reflecting ROS of 20.1 percent, an increase of 310 basis points when compared to fourth quarter 2023; on an adjusted basis, ROS expanded 370 basis points to 23.8 percent. Full year operating income increased 9 percent to $804 million reflecting ROS of 19.7 percent, an increase of 170 basis points from the prior year; on an adjusted basis, ROS expanded 270 basis points to 23.5 percent. Fourth quarter GAAP EPS of $0.99 and adjusted EPS of $1.08; full year 2024 GAAP EPS of $3.74 and adjusted EPS of $4.33. Full year net cash provided b
Pentair plc (NYSE:PNR), a leader in helping the world sustainably move, improve and enjoy water, life's most essential resource, will report its fourth quarter and full year 2024 results before the opening of the New York Stock Exchange on Tuesday, February 4, 2025. The company will also hold a conference call with investors at 9:00 a.m. Eastern Time that day. Related presentation materials will be posted to the "Investor Relations" section of the company's website (www.pentair.com) prior to the conference call. Conference Call Details The call can be accessed via webcast through the "Investor Relations" section of Pentair's website or by dialing (844) 481-2705 or (412) 317-0661 along
4 - PENTAIR plc (0000077360) (Issuer)
4 - PENTAIR plc (0000077360) (Issuer)
4 - PENTAIR plc (0000077360) (Issuer)
KeyBanc Capital Markets downgraded Pentair from Overweight to Sector Weight
Wolfe Research initiated coverage of Pentair with a rating of Outperform and set a new price target of $125.00
Northcoast downgraded Pentair from Buy to Neutral
Pentair plc (NYSE:PNR), a leader in helping the world sustainably move, improve and enjoy water, life's most essential resource, today announced the appointment of Tracey Doi to its board of directors effective August 15, 2023. With her appointment to the Pentair plc board of directors, Ms. Doi will serve on the Company's Audit and Finance Committee. Ms. Doi is the retired Group Vice President and Chief Financial Officer of Toyota Motor North America where she was responsible for accounting, finance, tax and enterprise strategy. Also at Toyota Motor North America, Ms. Doi oversaw investments in Toyota's products, manufacturing footprint, supply chain and technology, and led initiatives to
Swirltex Inc. (Swirltex) is pleased to announce the appointment of Dominik Elsaesser to the Board of Directors. Mr. Elsaesser will support the board with strategic guidance and technology counsel for the business. "We are extremely excited to bring Dominik Elsaesser on to the Swirltex Board," said Rob Budianto, Chief Executive Officer of Swirltex. "Dominik's deep technical expertise in membrane and filtration technology and strong commercial understanding of the wastewater treatment market will be invaluable to Swirltex as we grow our business and expand our capabilities. His appointment is further validation on value proposition and unique advancement in filtration that the Swirltex tech
Pentair plc (NYSE:PNR) today announced the appointment of Melissa Barra to its board of directors effective December 1, 2021. Ms. Barra is the Executive Vice President, Chief Sales and Services Officer for Sleep Number Corporation, a provider of individualized sleep experiences. Since joining Sleep Number in 2013, she has also served as Vice President, Consumer Insights and Strategy from 2013 to 2015, Senior Vice President, Chief Strategy and Customer Relationship Officer from 2015 to 2019, and Senior Vice President, Chief Sales, Services and Strategy Office from 2019 to 2020. Prior to joining Sleep Number, from 2005 to 2012, Ms. Barra held a variety of senior leadership roles in strategy,
SC 13G - PENTAIR plc (0000077360) (Subject)
SC 13G - PENTAIR plc (0000077360) (Subject)
SC 13G - PENTAIR plc (0000077360) (Subject)