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Pentair Plc PNR - News Analyzed: 3,754 - Last Week: 100 - Last Month: 500

⇑ Pentair Plc Reports Strong Q3 Results and Raises 2024 Outlook after G&F Manufacturing Buyout

Pentair Plc Reports Strong Q3 Results and Raises 2024 Outlook after G&F Manufacturing Buyout
Geode Capital Management LLC has increased its holdings in Pentair plc by 19,853 shares, and Quantinno Capital Management LP also increased stake in Pentair. On the other hand, Two Sigma Advisers LP sold 52,700 Pentair shares, and Castleark Management LLC unloaded 41,690 shares. Pentair plc met Q3 earnings and revenue estimates, and it reported strong EPS growth despite a decline in revenue for Q3 2024. The stock overperformed on strong trading days and showed momentum and growth for the long-term, leading to being considered a top momentum and growth stock. Recent activities like the acquisition of G&F Manufacturing and positive adjustment in stock positions by various financial firms portray a strong outlook for Pentair. Analyst predictions suggest that the stock could be undervalued by up to 24%, enhancing its long-term potential. Pentair's strong Q3 earnings beat estimates, and the company raised its outlook for 2024.

Pentair Plc PNR News Analytics from Mon, 12 Jun 2023 07:00:00 GMT to Sat, 14 Dec 2024 10:14:29 GMT - Rating 8 - Innovation -8 - Information 9 - Rumor -5

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