The Latest Breaking News from Pentair

Pentair is slated to release its fourth-quarter results this month, and consensus forecasts suggest earnings growth will remain in the low single digits.

Pentair has lagged behind the broader industrial sector over the past year, yet analysts remain moderately optimistic about the stock’s prospects.

These three companies may have what it takes to continue to build on their strong history of dividend payments even if the economy continues to sour.

Pentair has notably outpaced the broader market over the past year, and analysts remain moderately bullish on the stock’s prospects.

Pentair plc (NYSE:PNR) said Monday it will acquire Hydra-Stop LLC, a U.S.-based maker of specialty valve solutions, in a $290 million cash deal. After factoring in about $50 million in expected tax benefits, the net transaction value comes to roughly $240 million.

Pentair is slated to unveil its second-quarter earnings this month, and analysts are projecting a single-digit increase in earnings.

These buy-rated Dividend Aristocrats are trading at rare discounts, offering strong yields, bullish ratings, and potential long-term upside.

Pentair has notably outperformed the Nasdaq Composite over the past year, and analysts remain bullish about the stock’s prospects.

Pentair has outpaced the broader market over the past year, and Wall Street analysts maintain a moderately optimistic outlook on the stock’s prospects.