E Daily Stock Pick: Pentair

A portfolio of stocks I've been building since September 3, 2019, named Volio, will eventually hold 52 dividend dogs. Volio is the fifth portfolio I've built (at a one dividend dog per-week pace) since 2014. Five portfolios = V for Volio!

Today I'm reviewing the third of five industrials sector stocks poised to join my Volio folio this week. One could be my forty-first pick for Volio!

That industrials sector includes twenty-three industries all related to designing, fabricating, and servicing stuff we want and use. Those industrials industries range from aerospace and defense to waste management with all the transportation, business services, and equipment required in between.

My subject today is a mid-cap specialty industrial machinery outfit named, Pentair PLC. Its trading ticker symbol is PNR. This is my first-ever report on Pentair PLC for any of my five portfolios.

Pentair is a global leader in the water treatment industry, with 10,000 employees and a presence in 34 countries.

After spinning off its electrical unit as nVent in May 2018, Pentair’s remaining water business is organized into three segments: aquatic systems, filtration solutions, and flow technologies.

Pentair generated approximately $3 billion in revenue and $516 million in adjusted operating income in 2019.

It serves businesses engaged in wholesale and retail distribution in the residential and commercial, food and beverage, and industrial verticals, as well as end-users, consumers, and original equipment manufacturers. Pentair plc was founded in 1966 and is headquartered in London, the United Kingdom.

I use three key data points to gauge dividend equities or funds like Pentair PLC:

(1) Price

(2) Dividends

(3) Returns

Those three basic keys best tell whether a company has made, is making, and will make money.

PNR Price

Pentair's price per share closed at $40.37 yesterday. A year ago their price was $36.21. Price grew $4.16 or nearly 11.5% last year.

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Disclaimer: This article is for informational and educational purposes only and should not be construed to constitute investment advice. Nothing contained herein shall constitute a solicitation, ...

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