Exclusive: Pentair LTD (NYSE:PNR) Stock Price Down as Sentiment Crashes

November 28, 2016 - By Winifred Garcia   ·   0 Comments

Exclusive: Pentair LTD (NYSE:PNR) Stock Price Down as Sentiment  Crashes

Sentiment for Pentair LTD (NYSE:PNR)

Pentair LTD (NYSE:PNR) institutional sentiment decreased to 0.74 in Q2 2016. Its down -0.32, from 1.06 in 2016Q1. The ratio fall, as 184 funds increased and opened new equity positions, while 174 cut down and sold holdings in Pentair LTD. The funds in our partner’s database reported: 146.49 million shares, down from 150.86 million shares in 2016Q1. Also, the number of funds holding Pentair LTD in their top 10 equity positions increased from 0 to 4 for an increase of 4. Sold All: 37 Reduced: 137 Increased: 131 New Position: 53.

About 305,788 shares traded hands. Pentair plc. Ordinary Share (NYSE:PNR) has risen 3.44% since April 25, 2016 and is uptrending. It has underperformed by 2.58% the S&P500.

Analysts await Pentair plc. Ordinary Share (NYSE:PNR) to report earnings on February, 7. They expect $0.74 EPS, down 34.51% or $0.39 from last year’s $1.13 per share. PNR’s profit will be $135.80 million for 19.42 P/E if the $0.74 EPS becomes a reality. After $0.78 actual EPS reported by Pentair plc. Ordinary Share for the previous quarter, Wall Street now forecasts -5.13% negative EPS growth.

According to Zacks Investment Research, “Pentair plc delivers industry-leading products, services and solutions for its customers’ diverse needs in water and other fluids, thermal management and equipment protection. It serves a range of industries, including Energy, Food & Beverage, Industrial, Infrastructure and Residential & Commercial. The Company is organized as three operating segments: Water & Fluid Solutions, Valves & Controls, and Technical Solutions. Pentair plc, formerly known as Pentair Ltd, is based in Dublin, Ireland.”

Robecosam Usa Inc. holds 3.37% of its portfolio in Pentair plc. Ordinary Share for 46,431 shares. 13D Management Llc owns 121,215 shares or 2.91% of their US portfolio. Moreover, Parnassus Investments Ca has 2.81% invested in the company for 7.92 million shares. The Minnesota-based Mairs & Power Inc has invested 2.12% in the stock. Rockefeller Financial Services Inc, a New York-based fund reported 1.67 million shares.#img1#

Insider Transactions: Since January 1, 0001, the stock had 0 buys, and 9 sales for $30.35 million net activity.

Pentair plc. Ordinary Share (NYSE:PNR) Ratings Coverage

Ratings analysis reveals 24% of Pentair Inc.’s analysts are positive. Out of 17 Wall Street analysts rating Pentair Inc., 4 give it “Buy”, 1 “Sell” rating, while 12 recommend “Hold”. The lowest target is $47 while the high is $72. The stock’s average target of $60.06 is 4.47% above today’s ($57.49) share price. PNR was included in 36 notes of analysts from July 22, 2015. The rating was downgraded by Jefferies to “Hold” on Wednesday, July 22. The rating was downgraded by Susquehanna to “Neutral” on Monday, November 7. UBS upgraded the stock to “Buy” rating in Wednesday, April 27 report. Stifel Nicolaus downgraded the shares of PNR in a report on Friday, October 16 to “Hold” rating. The firm earned “Underperform” rating on Thursday, September 1 by Cowen & Co. Credit Suisse initiated Pentair plc. Ordinary Share (NYSE:PNR) on Monday, September 26 with “Neutral” rating. RBC Capital Markets maintained Pentair plc. Ordinary Share (NYSE:PNR) rating on Friday, December 18. RBC Capital Markets has “Outperform” rating and $60 price target. The rating was maintained by RBC Capital Markets with “Outperform” on Monday, November 9. Bernstein upgraded Pentair plc. Ordinary Share (NYSE:PNR) rating on Wednesday, April 27. Bernstein has “Outperform” rating and $71 price target. The rating was maintained by RBC Capital Markets with “Outperform” on Wednesday, October 21.

PNR Company Profile

Pentair plc, incorporated on November 28, 2013, is a diversified industrial manufacturing company. The Firm operates through four divisions: Valves & Controls, Flow & Filtration Solutions, Water Quality Systems, Technical Solutions and Other. The Valves & Controls segment designs, makes, markets and services valves, fittings, automation and controls and actuators for the energy and industrial verticals. The Flow & Filtration Solutions segment designs, makes, markets and services solutions for filtration, separation, flow and fluid management challenges in agriculture, water supply and disposal and a range of industrial applications. The Company’s Water Quality Systems segment designs, makes, markets and services water system products and solutions to meet filtration and fluid management challenges in food and beverage, water and aquaculture applications. The Technical Solutions segment designs, makes, markets and services products that guard and protect electrical and electronic equipment, as well as heat management solutions designed to provide thermal protection to temperature sensitive fluid applications, and engineered electrical and fastening products for electrical, mechanical and civil applications.

More news for Pentair plc. Ordinary Share (NYSE:PNR) were recently published by: Investorplace.com, which released: “Pentair plc. Ordinary Share (PNR): 40 Consecutive Years of Dividend Growth” on February 16, 2016. Equitiesfocus.com‘s article titled: “Pentair plc. (NYSE:PNR) 50-day Moving Average At $57.62” and published on November 26, 2016 is yet another important article.

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By Winifred Garcia


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