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Pentair plc’s Stock Price Takes a Dive: Down 7.11% to $74.31

Pentair plc (PNR)

74.31 USD -5.69 (-7.11%) Volume: 4.06M

Explore Pentair plc’s stock price performance, currently standing at 74.31 USD, having experienced a 7.11% downturn this trading session. Despite today’s drop, PNR’s trading volume remains high at 4.06M and showcases a year-to-date increase of 2.20%, indicating it’s a stock to keep an eye on in 2021.


Latest developments on Pentair plc

Despite daily gains, Pentair Plc stock underperformed on Monday compared to its competitors. American International Group Inc. purchased 1039 shares, while First Affirmative Financial Network sold 712 shares of Pentair Plc. HighPoint Advisor Group LLC made a significant investment of $205,000 in the company. Meyer Handelman Co. holds $1.16 million in stock holdings of Pentair Plc. Czech National Bank also bought 143 shares, but Teachers Retirement System of The State of Kentucky trimmed its stake in the company. Analysts at Royal Bank of Canada have recently cut the price target for Pentair Plc to $99.00.


A look at Pentair plc Smart Scores

FactorScoreMagnitude
Value2
Dividend2
Growth4
Resilience2
Momentum3
OVERALL SMART SCORE2.6

Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma

Based on the Smartkarma Smart Scores, Pentair Plc has a mixed long-term outlook. While the company scores well in terms of growth and momentum, with scores of 4 and 3 respectively, it falls short in areas such as value, dividend, and resilience, with scores of 2 for each. This suggests that Pentair may have strong potential for growth and market momentum, but investors should be cautious of factors such as value and dividend returns.

Pentair PLC delivers services and solutions for its customer’s diverse needs in water and other fluids, thermal management, and equipment protection. The company is organized into three operating segments: Water & Fluid Solutions, Valves & Controls, and Technical Solutions. With a focus on manufacturing and distributing products worldwide, Pentair aims to meet the evolving needs of its customers in various industries.


Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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