Pentair's focus on operational improvements should boost earnings growth over the long run.
Nothing in narrow-moat Pentair's latest results alters our fundamental long-term view of the firm. The firm's core sales grew 3% year over year and rose to $780.6 million in the second quarter. Strength in aquatic systems, which rose 10% on a year-over-year reported basis to $276 million, mostly buoyed top-line results. However, filtration solutions, which fell 2% to $262 million, somewhat offset this. Healthy demand and continued penetration in the dealer market helped aquatic systems whereas i...
Morningstar, Inc. is a leading provider of independent investment research in North America, Europe, Australia, and Asia. The company offer an extensive line of products and services for individual investors, financial advisors, asset managers, and retirement plan providers and sponsors.
Morningstar provides data on approximately 530,000 investment offerings, including stocks, mutual funds, and similar vehicles, along with real-time global market data on more than 18 million equities, indexes, futures, options, commodities, and precious metals, in addition to foreign exchange and Treasury markets. Morningstar also offers investment management services through its investment advisory subsidiaries and had approximately $185 billion in assets under advisement and management as of June 30, 2016.
We have operations in 27 countries.
Unfortunately, this report is not available for the investor type or country you selected.
Browse all ResearchPool reportsReport is subscription only.
Thank you, your report is ready.
Thank you, your report is ready.