Articles from Pentair plc

Pentair plc (NYSE: PNR), a leader in helping the world sustainably move, improve and enjoy water, life’s most essential resource, will be attending the J.P. Morgan Industrials Conference on March 11th in New York City. President and Chief Executive Officer John Stauch will present at 11:15 a.m. Eastern Time.

Pentair plc (NYSE: PNR) announced today that it will pay a regular quarterly cash dividend of $0.25 per share on May 2, 2025 to shareholders of record at the close of business on April 18, 2025. This is the 49th consecutive year that Pentair has increased its dividend.

Pentair plc (NYSE: PNR), a leader in helping the world sustainably move, improve and enjoy water, life’s most essential resource, will be attending Citi’s 2025 Global Industrial Tech and Mobility Conference on February 18th and Barclays Annual Industrial Select Conference on February 19th, both conferences in Miami, Florida. Executive Vice President and Chief Financial Officer Bob Fishman and Executive Vice President and Chief Executive Officer of Pool Jerome Pedretti will present at 11:20 a.m. on February 18th and at 11:35 a.m. on February 19th Eastern Time.

Pentair plc (NYSE: PNR) today announced fourth quarter 2024 sales of $973 million. Sales were down 1 percent compared to sales for the same period last year. Excluding currency translation, acquisitions and divestitures, core sales declined 1 percent in the fourth quarter. Fourth quarter 2024 earnings per diluted share from continuing operations (“EPS”) were $0.99 compared to $1.25 in the fourth quarter of 2023. On an adjusted basis, the Company reported EPS of $1.08 in the fourth quarter compared to $0.87 in the fourth quarter of 2023. Adjusted operating income, reportable segment income, adjusted net income, free cash flow, and adjusted EPS are described in the attached schedules.

Pentair plc (NYSE:PNR), a leader in helping the world sustainably move, improve and enjoy water, life’s most essential resource, will report its fourth quarter and full year 2024 results before the opening of the New York Stock Exchange on Tuesday, February 4, 2025. The company will also hold a conference call with investors at 9:00 a.m. Eastern Time that day.

Pentair plc (NYSE: PNR), a leader in helping the world sustainably move, improve and enjoy water, life’s most essential resource, announced today that it will pay a regular quarterly cash dividend of $0.25 per share on February 7, 2025, to shareholders of record at the close of business on January 24, 2025. The $0.25 per share quarterly cash dividend, or $1.00 per share on an annualized basis, represents an approximate 9 percent increase in the company’s regular cash dividend rate as compared to $0.23 per share per quarter in 2024, or $0.92 per share on an annualized basis. 2025 will mark the 49th consecutive year that Pentair has increased its dividend.

Pentair plc (NYSE: PNR), a leader in helping the world sustainably move, improve and enjoy water, life’s most essential resource, today announced that it has acquired Florida-based G&F Manufacturing, LLC for approximately $108 million in cash at closing, subject to certain adjustments. The acquisition is expected to be modestly accretive to Pentair earnings in 2025. G&F Manufacturing, LLC manufactures and services heat pumps for pools under the Gulfstream brand in the Southeast portion of the United States.

Pentair plc (NYSE: PNR), a leader in helping the world sustainably move, improve and enjoy water, life’s most essential resource, will be attending the Baird Global Industrial Conference in Chicago, Illinois on November 13th. President and Chief Executive Officer John L. Stauch will present at 12:00 p.m. Central Time.

Pentair plc (NYSE: PNR), a leader in helping the world sustainably move, improve and enjoy water, life’s most essential resource, today announced third quarter 2024 sales of $993 million. Sales were down 2 percent compared to sales for the same period last year. Excluding currency translation, acquisitions and divestitures, core sales declined 1 percent in the third quarter. Third quarter 2024 earnings per diluted share from continuing operations (“EPS”) were $0.84 compared to $0.79 in the third quarter of 2023, a 6 percent increase. On an adjusted basis, the company reported third quarter 2024 EPS of $1.09 compared to $0.94 in the third quarter of 2023 reflecting a 16 percent increase. Adjusted operating income, reportable segment income, adjusted net income, free cash flow and adjusted EPS are described in the attached schedules.

Pentair plc (NYSE:PNR), a leader in helping the world sustainably move, improve and enjoy water, life’s most essential resource, will report its third quarter results before the opening of the New York Stock Exchange on Tuesday, October 22, 2024. The company will also hold a conference call with investors at 9:00 a.m. Eastern Time that day.

Pentair plc (NYSE: PNR) announced today that it will pay a regular quarterly cash dividend of $0.23 per share on November 1, 2024 to shareholders of record at the close of business on October 18, 2024. This is the 48th consecutive year that Pentair has increased its dividend.

Pentair plc (NYSE: PNR), a leader in helping the world sustainably move, improve and enjoy water, life’s most essential resource, will be attending the Morgan Stanley 12th Annual Laguna Conference on September 11th and 12th. President and Chief Executive Officer John L. Stauch and EVP, CEO – Pentair Pool, Jerome Pedretti will present on September 12th at 9:20 a.m. Pacific Time. Chief Financial Officer, Bob Fishman will participate in investor meetings on September 11th.

Pentair plc (NYSE: PNR), a leader in helping the world sustainably move, improve and enjoy water, is pleased to announce the 2024 recipients of the Pentair Foundation’s Water Grants Program. The Pentair Foundation is awarding $1.15 million in grant funding to nine water-focused programs in support its mission to support and advance inclusive and sustainable communities.

Pentair plc (NYSE: PNR), a leader in helping the world sustainably move, improve and enjoy water, life’s most essential resource, today announced second quarter 2024 sales of $1.1 billion. Sales were up 2 percent compared to sales for the same period last year. Excluding currency translation, acquisitions and divestitures, core sales grew 2 percent in the second quarter. Second quarter 2024 earnings per diluted share from continuing operations (“EPS”) were $1.11 compared to $0.93 in the second quarter of 2023. On an adjusted basis, the company reported second quarter 2024 EPS of $1.22 compared to $1.03 in the second quarter of 2023. Adjusted operating income, reportable segment income, adjusted net income, free cash flow and adjusted EPS are described in the attached schedules.

Pentair plc (NYSE: PNR), a leader in helping the world sustainably move, improve and enjoy water, life’s most essential resource, and Minneapolis-St. Paul International Airport (MSP) are excited to announce a new collaboration to sustainably deliver great-tasting, high-quality drinking water while reducing the need for single-use plastic water bottles for the millions of travelers that visit and fly through the MSP international hub each year. MSP, owned and operated by the Metropolitan Airports Commission (MAC), is the 19th busiest airport in North America by passenger traffic.

Pentair plc (NYSE:PNR), a leader in helping the world sustainably move, improve and enjoy water, life’s most essential resource, will report its second quarter results before the opening of the New York Stock Exchange on Tuesday, July 23, 2024. The company will also hold a conference call with investors at 9:00 a.m. Eastern Time that day.

Pentair plc (NYSE: PNR), a leader in helping the world sustainably move, improve and enjoy water, life’s most essential resource, will be attending the following investor conferences in May and June.

Pentair plc (NYSE: PNR) announced today that it will pay a regular quarterly cash dividend of $0.23 per share on August 2, 2024 to shareholders of record at the close of business on July 19, 2024. This is the 48th consecutive year that Pentair has increased its dividend.

Pentair plc (NYSE: PNR), a leader in helping the world sustainably move, improve and enjoy water, life’s most essential resource, today announced first quarter 2024 sales of $1.0 billion. Sales were down 1 percent compared to sales for the same period last year. Excluding currency translation, acquisitions and divestitures, core sales declined 1 percent in the first quarter. First quarter 2024 earnings per diluted share from continuing operations (“EPS”) were $0.80 compared to $0.78 in the first quarter of 2023. On an adjusted basis, the company reported first quarter 2024 EPS of $0.94 compared to $0.91 in the first quarter of 2023. Segment income, adjusted net income, free cash flow and adjusted EPS are described in the attached schedules.

Pentair plc (NYSE: PNR), a leader in helping the world sustainably move, improve and enjoy water, life’s most essential resource, today released its 2023 Corporate Responsibility Report, reporting on the Company’s efforts and progress toward Making Better Essential.

Pentair plc (NYSE:PNR), a leader in helping the world sustainably move, improve and enjoy water, life’s most essential resource, will report its first quarter results before the opening of the New York Stock Exchange on Tuesday, April 23, 2024. The company will also hold a conference call with investors at 9:00 a.m. Eastern Time that day.

Pentair plc (NYSE:PNR), a leader in helping the world sustainably move, improve, and enjoy water, life’s most essential resource, will be presenting at the J.P. Morgan Industrials Conference on March 12, 2024.

Pentair plc (NYSE: PNR), a leader in helping the world sustainably move, improve, and enjoy water, life’s most essential resource, will host an Investor Day in New York City today beginning at 8 a.m. ET, as previously announced. The event is expected to conclude at approximately 12 p.m. ET.

Pentair plc (NYSE: PNR) announced today that it will pay a regular quarterly cash dividend of $0.23 per share on May 3, 2024 to shareholders of record at the close of business on April 19, 2024. 2024 marks the 48th consecutive year that Pentair has increased its dividend.

Pentair plc (NYSE: PNR) today announced fourth quarter 2023 sales of $985 million. Sales were down 2 percent compared to sales for the same period last year. Excluding currency translation, acquisitions and divestitures, core sales declined 2 percent in the fourth quarter. Fourth quarter 2023 earnings per diluted share from continuing operations (“EPS”) were $1.25 compared to $0.58 in the fourth quarter of 2022. On an adjusted basis, the Company reported EPS of $0.87 compared to $0.82 in the fourth quarter of 2022. Segment income, adjusted net income, free cash flow, and adjusted EPS are described in the attached schedules.

Pentair plc (NYSE:PNR), a leader in helping the world sustainably move, improve and enjoy water, life’s most essential resource, will report its fourth quarter and full year 2023 results before the opening of the New York Stock Exchange on Tuesday, January 30, 2024. The company will also hold a conference call at 9:00 a.m. Eastern Time that day.

Pentair plc (NYSE: PNR), a leader in helping the world sustainably move, improve, and enjoy water, life’s most essential resource, today announced that it will host an Investor Day in New York City on Wednesday, March 6 at 8:00 AM Eastern Time.

Pentair plc (NYSE: PNR) announced today that it will pay a regular quarterly cash dividend of $0.23 per share on February 2, 2024, to shareholders of record at the close of business on January 19, 2024. This dividend reflects an approximately 5 percent increase in the company’s regular cash dividend rate (from $0.22 per share); 2024 will mark the 48th consecutive year that Pentair has increased its dividend.

Pentair plc (NYSE: PNR), a leader in helping the world sustainably move, improve and enjoy water, and the Pentair Foundation announce the twenty-fifth consecutive year of giving to strengthen communities around the world, increase access to quality education, and provide safer, cleaner water those who lack access. In addition to awarding over $1 million in strategic and community grants in 2023, the existing matching gift program is extended to include a double match for all qualifying contributions by employees made to non-profit organizations on Giving Tuesday, November 28, 2023.

Pentair plc (NYSE: PNR), a leader in helping the world sustainably move, improve and enjoy water, life’s most essential resource, today announced third quarter 2023 sales of $1.0 billion. Sales were down 4 percent compared to sales for the same period last year. Excluding currency translation, acquisitions and divestitures, core sales declined 7 percent in the third quarter. Third quarter 2023 earnings per diluted share from continuing operations (“EPS”) were $0.79 compared to $0.70 in the third quarter of 2022. On an adjusted basis, the company reported third quarter 2023 EPS of $0.94 compared to $0.99 in the third quarter of 2022. Segment income, adjusted net income, free cash flow and adjusted EPS are described in the attached schedules.

Pentair plc (NYSE:PNR), a leader in helping the world sustainably move, improve and enjoy water, life’s most essential resource, will report its third quarter results before the opening of the New York Stock Exchange on Tuesday, October 24, 2023. The company will also hold a conference call with investors at 9:00 a.m. Eastern Time that day.

Pentair plc (NYSE: PNR) announced today that it will pay a regular quarterly cash dividend of $0.22 per share on November 3, 2023 to shareholders of record at the close of business on October 20, 2023. 2023 marks the 47th consecutive year that Pentair has increased its dividend.

Pentair plc (NYSE:PNR), a leader in helping the world sustainably move, improve and enjoy water, life’s most essential resource, will be presenting at the Morgan Stanley 11th Annual Laguna Conference on September 14, 2023.

Pentair plc (NYSE:PNR), a leader in helping the world sustainably move, improve and enjoy water, life’s most essential resource, today announced the appointment of Tracey Doi to its board of directors effective August 15, 2023. With her appointment to the Pentair plc board of directors, Ms. Doi will serve on the Company’s Audit and Finance Committee.

Pentair plc (NYSE: PNR), a leader in helping the world sustainably move, improve and enjoy water, life’s most essential resource, today announced second quarter 2023 sales of $1.1 billion. Sales were up 2 percent compared to sales for the same period last year. Excluding currency translation, acquisitions and divestitures, core sales declined 7 percent in the second quarter. Second quarter 2023 earnings per diluted share from continuing operations (“EPS”) were $0.93 compared to $0.92 in the second quarter of 2022. On an adjusted basis, the company reported second quarter 2023 EPS of $1.03 compared to $1.02 in the second quarter of 2022. Segment income, adjusted net income, free cash flow and adjusted EPS are described in the attached schedules.

Pentair plc (NYSE:PNR), a leader in helping the world sustainably move, improve and enjoy water, life’s most essential resource, will report its second quarter results before the opening of the New York Stock Exchange on Thursday, July 27, 2023. The company will also hold a conference call with investors at 9:00 a.m. Eastern Time that day.

Pentair plc (NYSE:PNR), a leader in helping the world sustainably move, improve and enjoy water, life’s most essential resource, will be attending and presenting at upcoming investor conferences on June 6th and June 7th.

Pentair plc (NYSE: PNR) announced today that it will pay a regular quarterly cash dividend of $0.22 per share on August 4, 2023 to shareholders of record at the close of business on July 21, 2023. 2023 marks the 47th consecutive year that Pentair has increased its dividend.

Pentair plc (NYSE: PNR), a leader in helping the world sustainably move, improve and enjoy water, life’s most essential resource, today announced first quarter 2023 sales of $1.0 billion. Sales were up 3 percent compared to sales for the same period last year. Excluding currency translation, acquisitions and divestitures, core sales declined 3 percent in the first quarter. First quarter 2023 earnings per diluted share from continuing operations (“EPS”) were $0.78 compared to $0.71 in the first quarter of 2022. On an adjusted basis, the company reported EPS of $0.91 compared to $0.85 in the first quarter of 2022. Segment income, adjusted net income, free cash flow and adjusted EPS are described in the attached schedules.

Pentair plc (NYSE:PNR), a leader in helping the world sustainably move, improve and enjoy water, life’s most essential resource, will report its first quarter results before the opening of the New York Stock Exchange on Thursday, April 27, 2023. The company will also hold a conference call with investors at 9:00 a.m. Eastern Time that day.

Pentair plc (NYSE: PNR) announced today that it will pay a regular quarterly cash dividend of $0.22 per share on May 5, 2023 to shareholders of record at the close of business on April 21, 2023. 2023 marks the 47th consecutive year that Pentair has increased its dividend.

Pentair plc (NYSE: PNR) today announced fourth quarter 2022 sales of $1.0 billion. Sales were up 1 percent compared to sales for the same period last year. Excluding currency translation, acquisitions and divestitures, core sales declined 3 percent in the fourth quarter. Fourth quarter 2022 earnings per diluted share from continuing operations (“EPS”) were $0.58 compared to $0.89 in the fourth quarter of 2021. On an adjusted basis, the Company reported EPS of $0.82 compared to $0.87 in the fourth quarter of 2021. Segment income, adjusted net income, free cash flow, and adjusted EPS are described in the attached schedules.

Pentair plc (NYSE:PNR) will report its fourth quarter and full year results before the opening of the New York Stock Exchange on Tuesday, January 31, 2023. The company will also hold a conference call with investors at 9:00 a.m. Eastern Time (ET) that day.

Pentair plc (NYSE: PNR), a leading provider of water treatment and sustainable solutions, announced today that it has named Shelly Hubbard as Vice President, Investor Relations.

Pentair plc (NYSE: PNR) announced today that it will pay a regular quarterly cash dividend of $0.22 per share on February 3, 2023 to shareholders of record at the close of business on January 20, 2023. This dividend reflects an approximately 5 percent increase in the company’s regular cash dividend rate (from $0.21 per share); 2023 will mark the 47th consecutive year that Pentair has increased its dividend.

Pentair plc (NYSE: PNR), a leading provider of water treatment and sustainable solutions, announced today that it has named Tanya Hooper to its executive leadership team as Executive Vice President and Chief Human Resources Officer effective January 1, 2023. Hooper will report to John Stauch, Pentair President and CEO.

Pentair plc (NYSE: PNR) today announced third quarter 2022 sales of $1.06 billion. Sales were up 9 percent compared to sales for the same period last year. Excluding currency translation, acquisitions and divestitures, core sales grew 4 percent in the third quarter. Third quarter 2022 earnings per diluted share from continuing operations (“EPS”) were $0.70 compared to $0.86 in the third quarter of 2021. On an adjusted basis, the company reported EPS of $0.99 compared to $0.89 in the third quarter of 2021. Segment income, adjusted net income, free cash flow and adjusted EPS are described in the attached schedules.

Pentair plc (NYSE:PNR) will report its third quarter results before the opening of the New York Stock Exchange on Tuesday, October 25, 2022. The company will also hold a conference call with investors at 9:00 a.m. Eastern Time that day.

Pentair plc (NYSE: PNR) announced today that it will pay a regular quarterly cash dividend of $0.21 per share on November 4, 2022 to shareholders of record at the close of business on October 21, 2022. 2022 marks the 46th consecutive year that Pentair has increased its dividend.

Pentair plc (NYSE: PNR), a leading provider of water treatment and sustainable solutions, today announced that it has completed the previously announced transaction to acquire Manitowoc Ice from Welbilt, Inc. (NYSE: WBT) for $1.6 billion, subject to customary adjustments. Manitowoc Ice is a leading provider of commercial ice makers.

Pentair plc (NYSE: PNR) today announced second quarter 2022 sales of $1.06 billion. Sales were up 13 percent compared to sales for the same period last year. Excluding currency translation, acquisitions and divestitures, core sales grew 12 percent in the second quarter. Second quarter 2022 earnings per diluted share from continuing operations (“EPS”) were $0.92 compared to $0.79 in the second quarter of 2021. On an adjusted basis, the company reported EPS of $1.02 compared to $0.84 in the second quarter of 2021. Segment income, adjusted net income, free cash flow and adjusted EPS are described in the attached schedules.

Pentair plc (NYSE:PNR) will report its second quarter results before the opening of the New York Stock Exchange on Tuesday, July 26, 2022. The company will also hold a conference call with investors at 9:00 a.m. Eastern Time that day.

Pentair plc (NYSE: PNR) (“Pentair”) announced today that Pentair Finance S.à r.l. (“Pentair Finance”), a wholly-owned subsidiary of Pentair, priced a public offering of $400.0 million of 5.900% senior notes due 2032. The notes will be fully and unconditionally guaranteed as to payment of principal and interest by Pentair. The offering is expected to close on July 8, 2022, subject to customary closing conditions.

Pentair plc (NYSE: PNR) announced today that it will pay a regular quarterly cash dividend of $0.21 per share on August 5, 2022 to shareholders of record at the close of business on July 22, 2022. 2022 marks the 46th consecutive year that Pentair has increased its dividend.

Pentair plc (NYSE: PNR) today announced first quarter 2022 sales of $1.0 billion. Sales were up 15 percent compared to sales for the same period last year. Excluding currency translation, acquisitions and divestitures, core sales grew 12 percent in the first quarter. First quarter 2022 earnings per diluted share from continuing operations (“EPS”) were $0.71 compared to $0.78 in the first quarter of 2021. On an adjusted basis, the company reported EPS of $0.85 compared to $0.81 in the first quarter of 2021. Segment income, adjusted net income, free cash flow and adjusted EPS are described in the attached schedules.

Pentair plc (NYSE:PNR) will report its first quarter results before the opening of the New York Stock Exchange on Thursday, April 21, 2022. The company will also hold a conference call with investors at 9:00 a.m. Eastern Time that day.

Pentair plc (NYSE: PNR) today announced fourth quarter 2021 sales of $989 million. Sales were up 24 percent compared to sales for the same period last year. Excluding currency translation, acquisitions and divestitures, core sales grew 19 percent in the fourth quarter. Fourth quarter 2021 earnings per diluted share from continuing operations (“EPS”) were $0.89 compared to $0.60 in the fourth quarter of 2020. On an adjusted basis, the Company reported EPS of $0.87 compared to $0.70 in the fourth quarter of 2020. Segment income, adjusted net income, free cash flow, and adjusted EPS are described in the attached schedules.

Pentair plc (NYSE:PNR) will report its fourth quarter and full year results before the opening of the New York Stock Exchange on Tuesday, February 1, 2022. The company will also hold a conference call with investors at 9:00 a.m. Eastern Standard Time (EST) that day.

Pentair plc (NYSE: PNR) announced today that it will pay a regular quarterly cash dividend of $0.21 per share on February 4, 2022 to shareholders of record at the close of business on January 21, 2022. This dividend reflects a 5 percent increase in the company’s regular cash dividend rate (from $0.20 per share); 2022 will mark the 46th consecutive year that Pentair has increased its dividend.

Pentair plc (NYSE: PNR), a leading provider of water treatment and sustainable solutions, and the Pentair Foundation announce the twenty-third consecutive year of giving to strengthen communities around the world, increase access to quality education and provide safer, cleaner water to people in developing countries. In addition to its strategic and community grants, the company also extended its existing matching gift program to include a double match for all qualifying contributions by employees made to non-profit organizations on Giving Tuesday, November 30, 2021.

Pentair plc (NYSE: PNR) today announced third quarter 2021 sales of $969 million. Sales were up 21 percent compared to sales for the same period last year. Excluding currency translation, acquisitions and divestitures, core sales grew 18 percent in the third quarter. Third quarter 2021 earnings per diluted share from continuing operations (“EPS”) were $0.86 compared to $0.66 in the third quarter of 2020. On an adjusted basis, the company reported EPS of $0.89 compared to $0.70 in the third quarter of 2020. Segment income, adjusted net income, free cash flow and adjusted EPS are described in the attached schedules.

Pentair plc (NYSE:PNR), a leading provider of water treatment and sustainable solutions, today announced that it completed the previously announced transaction to acquire Pleatco for approximately $255 million in cash, subject to customary adjustments. Pleatco manufactures water filtration and clean air technologies for pool, spa and industrial air customers.

Pentair plc (NYSE:PNR) will report its third quarter results before the opening of the New York Stock Exchange on Tuesday, October 26, 2021. The company will also hold a conference call with investors at 9:00 a.m. Eastern Daylight Time (EDT) that day.

Pentair plc (NYSE: PNR) today announced the appointment of Melissa Barra to its board of directors effective December 1, 2021.

Pentair plc (NYSE: PNR) announced today that it will pay a regular quarterly cash dividend of $0.20 per share on November 5, 2021 to shareholders of record at the close of business on October 22, 2021. 2021 marks the 45th consecutive year that Pentair has increased its dividend.

Pentair plc (NYSE: PNR), a leading provider of water treatment and sustainable solutions, today announced that it has entered into a definitive agreement to acquire Pleatco, a manufacturer of water filtration and clean air technologies for pool, spa and industrial air customers. Pleatco is a current portfolio company of Align Capital Partners, a private equity firm with investment teams in Dallas, TX and Cleveland, OH.

Pentair plc (NYSE: PNR) today announced second quarter 2021 sales of $941 million. Sales were up 32 percent compared to sales for the same period last year. Excluding currency translation, acquisitions and divestitures, core sales grew 28 percent in the second quarter. Second quarter 2021 earnings per diluted share from continuing operations (“EPS”) were $0.79 compared to $0.44 in the second quarter of 2020. On an adjusted basis, the company reported EPS of $0.84 compared to $0.59 in the second quarter of 2020. Segment income, adjusted net income, free cash flow and adjusted EPS are described in the attached schedules.

Pentair plc (NYSE:PNR) will report its second quarter results before the opening of the New York Stock Exchange on Tuesday, July 27, 2021. The company will also hold a conference call with investors at 9:00 a.m. Eastern Daylight Time (EDT) that day.

Pentair plc (NYSE:PNR), a leading provider of water treatment and sustainable solutions, announced today that it has named Adrian Chiu, currently the Company’s EVP and Chief Transformation Officer, to the additional role of Chief Human Resources Officer, effective August 1, 2021. Kelly Baker, the Company’s current Chief Human Resources Officer is resigning from the position to pursue an opportunity outside the Company.

Pentair plc (NYSE:PNR) is hosting its 2021 Virtual Investor Day today at 9:00 a.m. Eastern Daylight Time (EDT) where John L. Stauch, Pentair President and Chief Executive Officer, and other members of Pentair’s senior management team will discuss the company’s strategies to achieve sustainable, long term growth.

Pentair plc (NYSE:PNR), a leading provider of water treatment and sustainable solutions, today announced its Social Responsibility Strategic Targets. The new targets were launched with the release of Pentair’s 2020 Corporate Responsibility Report, which highlights the company’s initiatives to be a leading socially responsible company as it delivers smart, sustainable solutions that empower customers and employees to make the most of life’s essential resources.

Pentair plc (NYSE:PNR) will host a Virtual Investor Day on June 10, 2021. Presentations and a question and answer session by senior management will be webcast beginning at 9:00 a.m. Eastern Daylight Time (EDT) that day.

Pentair plc (NYSE:PNR), a leading provider of water treatment and sustainable solutions, today announced that it completed the previously announced transaction to acquire the assets of Ken’s Beverage, Inc. (KBI), for approximately $80 million in cash, subject to customary adjustments. For over 35 years, and operating with 30 branches and over 300 trained technicians, KBI has provided beverage equipment and services to commercial customers.

Pentair plc (NYSE: PNR) announced today that it will pay a regular quarterly cash dividend of $0.20 per share on August 6, 2021 to shareholders of record at the close of business on July 23, 2021. 2021 marks the 45th consecutive year that Pentair has increased its dividend.

Pentair plc (NYSE: PNR) today announced first quarter 2021 sales of $866 million. Sales were up 22 percent compared to sales for the same period last year. Excluding currency translation, acquisitions and divestitures, core sales grew 19 percent in the first quarter. First quarter 2021 earnings per diluted share from continuing operations (“EPS”) were $0.78 compared to $0.43 in the first quarter of 2020. On an adjusted basis, the company reported EPS of $0.81 compared to $0.52 in the first quarter of 2020. Segment income, adjusted net income, free cash flow and adjusted EPS are described in the attached schedules.