Twin Tree Management LP and
Intech Investment Management LLC increased their investments in
Pentair plc (NYSE:PNR), while
U.S. Bancorp DE reduced theirs. Notably,
Pentair reported an unusually high trading volume, while the company's shares were bought by
Forsta AP Fonden, Fidelis Capital Partners LLC, and
Nordea Investment Management AB. Pentair's earnings are expected to grow according to data leading up to their Q2 report; its original price target was raised from $92.00 and later to $100.00 by analysts.
Northcoast Research however, downgraded Pentair to neutral.
Swiss National Bank holds a significant stake in Pentair plc, though it recently sold a portion of its shares. Considering all data and movements, Pentair plc's fundamentals appear to be strong, despite recently underperforming compared to competitors. The company continues to make strategic moves, including the acquisition of Manitowoc Ice and the initiative to reduce single-use plastic waste in collaboration with MSP Airport. Pentair's earnings beat estimates in Q1, and the stock is suggested for purchase for its upcoming dividend.
Pentair Plc PNR News Analytics from Thu, 04 Jun 2015 13:39:08 GMT to Sun, 21 Jul 2024 19:51:26 GMT -
Rating 1
- Innovation 8
- Rumor -6
