Pentair (PNR) Announces Chair David A. Jones to Retire

1 week ago 5

Pentair plc (NYSE:PNR) is 1 of the 12 Best UK Stocks to Buy According to Hedge Funds.

On March 20, 2026, Pentair plc (NYSE:PNR) announced that Chair David A. Jones volition discontinue from the Board astatine the company’s yearly wide gathering connected May 5, 2026. Jones has served connected the committee since 2003 and arsenic Chair since 2018. The institution said T. Michael Glenn, a existent autarkic director, volition presume the relation of Chair pursuing the transition, bringing acquisition successful strategy, marketing, and governance from anterior enactment roles, including astatine FedEx.

Earlier successful March, Seaport Research expert Scott Graham lowered the terms people connected Pentair plc (NYSE:PNR) to $130 from $135 and maintained a Buy rating.

Last month, Pentair plc (NYSE:PNR) reported Q4 adjusted EPS of $1.18, supra the $1.16 statement estimate, connected gross of $1.02B versus $1.01B expected. CEO John Stauch described 2025 arsenic a “remarkable year,” citing beardown execution, currency travel generation, and continued concern crossed its h2o solutions portfolio. Stauch added that the institution is entering 2026 with caller enactment roles aimed astatine accelerating growth, improving lawsuit experience, and enhancing operational efficiency.

Pentair (PNR) Announces Chair David A. Jones to Retire

Pentair (PNR) Announces Chair David A. Jones to Retire

Photo by RephiLe h2o connected Unsplash

Pentair plc (NYSE:PNR) provides h2o attraction and sustainable h2o absorption solutions crossed planetary markets.

While we admit the imaginable of PNR arsenic an investment, we judge definite AI stocks connection greater upside imaginable and transportation little downside risk. If you're looking for an highly undervalued AI banal that besides stands to payment importantly from Trump-era tariffs and the onshoring trend, spot our escaped study connected the best short-term AI stock.

READ NEXT: 33 Stocks That Should Double successful 3 Years and 15 Stocks That Will Make You Rich successful 10 Years.

Disclosure: None. Follow Insider Monkey connected Google News.

Read Entire Article