Pentair (NYSE:PNR – Get Free Report) issued an update on its FY25 earnings guidance on Tuesday morning. The company provided EPS guidance of ~$4.65-4.80 for the period, compared to the consensus EPS estimate of $4.84. The company issued revenue guidance of ~$4.08-4.16 billion, compared to the consensus revenue estimate of $4.22 billion. Pentair also updated its FY 2025 guidance to 4.650-4.800 EPS.
Analyst Upgrades and Downgrades
PNR has been the subject of a number of recent research reports. Royal Bank of Canada restated an “outperform” rating and issued a $115.00 target price on shares of Pentair in a research note on Thursday, November 21st. UBS Group increased their price objective on shares of Pentair from $100.00 to $115.00 and gave the company a “buy” rating in a research note on Wednesday, October 23rd. StockNews.com lowered shares of Pentair from a “buy” rating to a “hold” rating in a research report on Wednesday, October 23rd. Citigroup dropped their price target on shares of Pentair from $126.00 to $119.00 and set a “buy” rating for the company in a research report on Monday, January 13th. Finally, Barclays raised their price target on shares of Pentair from $108.00 to $120.00 and gave the stock an “overweight” rating in a research note on Thursday, December 5th. Seven investment analysts have rated the stock with a hold rating and ten have assigned a buy rating to the company’s stock. According to data from MarketBeat, the company has a consensus rating of “Moderate Buy” and an average price target of $111.25.
Check Out Our Latest Report on Pentair
Pentair Price Performance
Pentair (NYSE:PNR – Get Free Report) last issued its quarterly earnings results on Tuesday, February 4th. The industrial products company reported $1.08 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.02 by $0.06. The business had revenue of $972.90 million for the quarter, compared to the consensus estimate of $970.95 million. Pentair had a net margin of 16.29% and a return on equity of 20.48%. The firm’s quarterly revenue was down 1.2% on a year-over-year basis. During the same quarter in the prior year, the company earned $0.87 EPS. Equities analysts expect that Pentair will post 4.28 earnings per share for the current fiscal year.
Pentair Increases Dividend
The business also recently declared a quarterly dividend, which will be paid on Friday, February 7th. Investors of record on Friday, January 24th will be issued a $0.25 dividend. The ex-dividend date of this dividend is Friday, January 24th. This represents a $1.00 dividend on an annualized basis and a dividend yield of 1.00%. This is a positive change from Pentair’s previous quarterly dividend of $0.23. Pentair’s dividend payout ratio (DPR) is currently 25.00%.
Pentair Company Profile
Pentair plc provides various water solutions in the United States, Western Europe, China, Eastern Europe, Latin America, the Middle East, Southeast Asia, Australia, Canada, and Japan. The company operates through three segments: Flow, Water Solutions, and Pool. The Flow segment designs, manufactures, and sells fluid treatment and pump products and systems, including pressure vessels, gas recovery solutions, membrane bioreactors, wastewater reuse systems and advanced membrane filtration, separation systems, water disposal pumps, water supply pumps, fluid transfer pumps, turbine pumps, solid handling pumps, and agricultural spray nozzles for fluid delivery, ion exchange, desalination, food and beverage, separation technologies in the oil and gas industry, residential and municipal wells, water treatment, wastewater solids handling, pressure boosting, circulation and transfer, fire suppression, flood control, agricultural irrigation, and crop spray in residential, commercial, and industrial markets.
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