Royal London Asset Management Ltd, Exencial Wealth Advisors LLC, and Norges Bank are a few of institutions that have increased their positions in Pentair Plc. Additionally, CIBC Asset Management Inc and Parallel Advisors LLC have been noted to sell their shares. The company has experienced mixed performance against its competitors with intermittent periods of underperformance. The company's Q1 2024 earnings call has also been recorded, providing an insight into the company’s finances. Furthermore, Zacks Research lifted its Q2 2024 estimates for the company, suggesting a bullish outlook. A significant proportion of Pentair's shares, about 89%, is held by institutional owners. The company continues to pay dividends, with the latest one reported to be larger than the previous year, indicating a relatively healthy financial state. The stock’s performance appears to be in line with its strong fundamentals, despite a noted growth in short interest. Lastly, the company has completed the acquisition of several other businesses including Manitowoc Ice, Pleatco, and Rocean and has agreed to acquire Pelican Water Systems, strengthening its position in the market.
Pentair Plc PNR News Analytics from Wed, 13 Feb 2019 08:00:00 GMT to Sun, 09 Jun 2024 16:35:01 GMT -
Rating 5
- Innovation 7
- Information 6
- Rumor 2
