Welcome to our dedicated page for Pentair news (Ticker: PNR), a resource for investors and traders seeking the latest updates and insights on Pentair stock.
Pentair plc (NYSE: PNR) is a global leader in the water treatment industry, providing industry-leading products, services, and solutions. The company is organized into three main segments:
- Pool: Pentair offers a wide range of energy-efficient swimming pool equipment, including pumps, filters, and heaters.
- Water Technologies: This segment focuses on comprehensive water filtration solutions for residential, commercial, and industrial applications. It includes products designed to meet the challenges of water filtration, separation, and fluid process management.
- Flow: Pentair provides innovative products and services for the transfer and flow of clean water, wastewater, and other fluids across various industries.
Founded with a mission to deliver smart, sustainable solutions, Pentair employs approximately 10,000 people and operates in 25 countries. In 2023, the company generated around $4.1 billion in revenue, highlighting its strong market presence and financial stability.
Pentair’s expertise in thermal management and equipment protection also positions it as a key player in the energy and industrial sectors. The Valves & Controls segment designs and manufactures advanced valves, fittings, automation controls, and actuators tailored for these verticals.
Pentair is committed to innovation and sustainability, driving advancements in water treatment technologies. The company's recent projects focus on enhancing water quality systems and offering technical solutions that meet the growing demands of their clientele.
With a robust portfolio and strategic partnerships, Pentair continues to lead the market in water, fluid, and thermal management solutions, ensuring optimal performance and efficiency for its customers worldwide.
Pentair (NYSE: PNR), a leader in sustainable water solutions, has announced its participation in the upcoming J.P. Morgan Industrials Conference in New York City on March 11th. John Stauch, President and Chief Executive Officer, will deliver a presentation at 11:15 a.m. Eastern Time.
Investors and interested parties can access a live webcast of the presentation through the 'Investor Relations' section of Pentair's website. The presentation recording will be made available approximately 24 hours after the event and will remain accessible on the website for 90 days.
Pentair (NYSE: PNR) has declared a quarterly cash dividend of $0.25 per share, payable on May 2, 2025, to shareholders of record as of April 18, 2025. This dividend announcement marks the company's 49th consecutive year of dividend increases, demonstrating a long-standing commitment to returning value to shareholders.
Pentair plc (NYSE: PNR), a leading water solutions company, has announced its participation in two major industrial conferences in Miami, Florida. The company will attend Citi's 2025 Global Industrial Tech and Mobility Conference on February 18th and Barclays Annual Industrial Select Conference on February 19th.
Executive Vice President and CFO Bob Fishman, along with Executive Vice President and Pool CEO Jerome Pedretti, will deliver presentations at 11:20 a.m. on February 18th and 11:35 a.m. on February 19th Eastern Time. Investors can access live webcasts through Pentair's website investor relations section, with replays available for 90 days following the events.
Pentair (NYSE: PNR) reported fourth quarter 2024 sales of $973 million, down 1% year-over-year, with core sales declining 1%. The company achieved Q4 operating income of $195 million, up 17%, with return on sales (ROS) of 20.1%. Full year 2024 performance included:
- Sales of $4.1 billion (down 1% YoY)
- Operating income of $804 million (up 9%)
- GAAP EPS of $3.74
- Adjusted EPS of $4.33
- Free cash flow of $693 million (up $143 million)
The company's Pool segment showed growth with sales up 7% for the full year, while Flow and Water Solutions segments experienced declines. Pentair increased its dividend by 9% for 2025, marking its 49th consecutive year of dividend increases. For 2025, the company projects GAAP EPS of $4.37-$4.52 and adjusted EPS of $4.65-$4.80, with sales expected to be flat to up 2%.
Pentair (NYSE:PNR) has announced it will release its fourth quarter and full year 2024 financial results before the New York Stock Exchange opens on Tuesday, February 4, 2025. The company will host an investor conference call at 9:00 a.m. Eastern Time on the same day.
Presentation materials will be available on Pentair's website investor relations section before the call. Investors can join via webcast through the company's website or by phone using specified dial-in numbers. A replay of the conference call will be accessible until March 4, 2025.
Pentair (NYSE: PNR) has announced a 9% increase in its quarterly cash dividend to $0.25 per share, up from $0.23 per share in 2024. The new dividend will be payable on February 7, 2025, to shareholders of record as of January 24, 2025. On an annualized basis, this represents an increase from $0.92 to $1.00 per share. This marks Pentair's 49th consecutive year of dividend increases, demonstrating the company's commitment to delivering shareholder value.
Pentair (NYSE: PNR) has acquired G&F Manufacturing, a Florida-based manufacturer of pool heat pumps under the Gulfstream brand, for approximately $108 million in cash. The acquisition expands Pentair's pool equipment portfolio in the Southeast United States and is expected to be modestly accretive to earnings in 2025. The strategic move strengthens Pentair's position in sustainable pool solutions, particularly in critical geographical regions where heat pumps are essential offerings.
Pentair (NYSE: PNR), a leading water solutions company, has announced its participation in the Baird Global Industrial Conference in Chicago. President and CEO John L. Stauch will deliver a presentation on November 13th at 12:00 p.m. Central Time. The presentation will be accessible through a live webcast on Pentair's website under the 'Investor Relations' section. A replay will be made available approximately 24 hours after the presentation and will remain accessible for 90 days on the company's website.
Pentair plc (NYSE: PNR) reported strong third quarter 2024 results with sales of $993 million. Operating income was $180 million with a return on sales (ROS) of 18.1%, up 20 basis points year-over-year. On an adjusted basis, ROS expanded 310 basis points to 24.1%. GAAP EPS increased 6% to $0.84, while adjusted EPS rose 16% to $1.09.
Free cash flow from continuing operations was $234 million, up $90 million from the previous year. The company updated its full-year 2024 GAAP EPS guidance to approximately $3.70 and increased adjusted EPS guidance to approximately $4.27. Pentair's balanced water portfolio strategy and focus on execution and transformation initiatives continue to drive strong results.
Pentair plc (NYSE:PNR), a leader in sustainable water solutions, has announced its plans to release third quarter 2024 earnings on Tuesday, October 22, 2024, before the New York Stock Exchange opens. The company will also host an investor conference call at 9:00 a.m. Eastern Time on the same day.
Presentation materials related to the earnings will be available on Pentair's website in the 'Investor Relations' section prior to the call. Investors can access the conference call via webcast through the company's website or by dialing in with the provided numbers and passcode. A replay of the call will be accessible until November 19, 2024.
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