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Pentair plc (PNR.N)

PNR.N on New York Stock Exchange

71.39USD
23 Feb 2018
Change (% chg)

$0.30 (+0.42%)
Prev Close
$71.09
Open
$71.36
Day's High
$71.56
Day's Low
$70.87
Volume
192,420
Avg. Vol
287,831
52-wk High
$74.84
52-wk Low
$57.75

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
Friday, 19 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
Friday, 19 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