Topic: How To Invest

Q: Pat, thanks for all your recommendations over the years, Pat. Can I have your advice on Pentair?

Article Excerpt

A: Pentair plc, $76.22, symbol PNR on New York (Shares outstanding: 165.3 million; Market cap: $12.7 billion; www.pentair.com), is a water-focused industrial manufacturer with three reporting segments: Flow (previously named Industrial and Flow Technologies), Water Solutions, and Pool. The pool division is a leader in the North American pool equipment arena (replacements). The water solutions unit deals in filtration/sustainability, and the flow branch manufactures/sells treatment products. These segments offer four main groups of products and services: Pool and spa: Solutions to filter, clean and sanitize water, with remote-controlled automation equipment. Water quality: Water softeners, home filtration systems and UV disinfecting. Water supply and disposal: Products for residential customers include water supply pumps plus sewage and effluent pumps. Industrial applications: Solutions for a range of water management, treatment, supply and disposal needs across a wide array of industries such as brewery production, food and dairy, fire protection and industrial spraying. On April 30, 2018, Pentair completed the spinoff of its electrical unit, nVent Electric…