Pentair, Ltd. Registered Share (PNR) Plans Quarterly Dividend of $0.30
Pentair, Ltd. Registered Share (NYSE:PNR) declared a quarterly dividend on Thursday, July 10th, Stock Ratings Network.com reports. Stockholders of record on Friday, July 25th will be given a dividend of 0.30 per share on Friday, August 8th. This represents a $1.20 dividend on an annualized basis and a yield of 1.69%.
A number of analysts have recently weighed in on PNR shares. Analysts at Zacks reiterated a “neutral” rating on shares of Pentair, Ltd. Registered Share in a research note on Friday, June 27th. They now have a $77.00 price target on the stock. On the ratings front, analysts at Goldman Sachs initiated coverage on shares of Pentair, Ltd. Registered Share in a research note on Friday, June 27th. They set a “neutral” rating and a $83.00 price target on the stock. Finally, analysts at Cowen and Company initiated coverage on shares of Pentair, Ltd. Registered Share in a research note on Thursday, May 15th. They set a “market perform” rating and a $70.00 price target on the stock. Nine analysts have rated the stock with a hold rating and nine have issued a buy rating to the stock. The stock currently has an average rating of “Buy” and an average target price of $79.38.
Shares of Pentair, Ltd. Registered Share (NYSE:PNR) opened at 70.97 on Thursday. Pentair, Ltd. Registered Share has a 52 week low of $58.24 and a 52 week high of $83.37. The stock’s 50-day moving average is $74.3 and its 200-day moving average is $76.51. The company has a market cap of $13.818 billion and a P/E ratio of 23.63.
Pentair, Ltd. Registered Share (NYSE:PNR) last issued its quarterly earnings data on Tuesday, April 22nd. The company reported $0.73 earnings per share (EPS) for the quarter, meeting the consensus estimate of $0.73. The company had revenue of $1.73 billion for the quarter, compared to the consensus estimate of $1.79 billion. During the same quarter in the previous year, the company posted $0.58 earnings per share. The company’s revenue for the quarter was down 2.8% on a year-over-year basis. Analysts expect that Pentair, Ltd. Registered Share will post $3.93 EPS for the current fiscal year.
Pentair, Inc (NYSE:PNR) is a focused diversified industrial manufacturing company.
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