Pentair plc. Ordinary Share(NYSE:PNR) Declares Dividend of $0.3400.

Pentair plc. Ordinary Share (NYSE:PNR) had declared a cash dividend of $0.3400 on Oct 4, 2016. The shares will quote ex-dividend on Oct 19, 2016 and the record date has been fixed for Oct 21, 2016. On Oct 4, 2016 share price, the yield comes out to be 2.1872%. The dividend payable date has been fixed on Nov 4, 2016.

In a different note, Credit Suisse said it Initiates Coverage on Pentair plc. Ordinary Share, according to a research note issued on Sep 26, 2016. The shares have been rated ‘Neutral’ by the firm. On Sep 1, 2016, Cowen & Company said it Downgrades its rating on Pentair plc. Ordinary Share. The shares have been rated ‘Underperform’ by the firm. On Aug 22, 2016, BMO Capital said it Maintains its rating on Pentair plc. Ordinary Share. In the research note, the firm Raises the price-target to $57.00 per share. The shares have been rated ‘Market Perform’ by the firm. On Jul 19, 2016, Vertical Research said it Assumes its rating on Pentair plc. Ordinary Share. The shares have been rated ‘Hold’ by the firm.

Pentair plc. Ordinary Share (PNR) shares turned negative on Fridays trading session with the shares closing down -0.07 points or -0.12% at a volume of 8,29,621. The pessimistic mood was evident in the company shares which never went considerably beyond the level of $59.51. The peak price level was also seen at $59.51 while the days lowest was $58.56. Finally the shares closed at $58.74. The 52-week high of the shares is $66.99 while the 52-week low is $41.57. According to the latest information available, the market cap of the company is $10,637 M.

Pentair plc. Ordinary Share(PNR) last announced its earnings results on Jul 28, 2016 for Fiscal Year 2016 and Q2.Company reported revenue of $1.73B. Analysts had an estimated revenue of $1.72B. Earnings per share were $1.11. Analysts had estimated an EPS of $1.09.

Several Insider Transactions has been reported to the SEC. On Sep 6, 2016, T Michael Glenn (director) sold 10,000 shares at $62.61 per share price.Also, On Aug 25, 2016, John L Stauch (Executive Vice President, CFO) sold 112,500 shares at $65.30 per share price.On Aug 25, 2016, Mark C Borin (Chief Acctg Office-Controller) sold 13,326 shares at $65.19 per share price, according to the Form-4 filing with the securities and exchange commission.

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