Philip Morris International Inc. (PM) Reaches $107.93 After 6.00% Up Move; Pentair LTD (PNR) Has 1.04 Sentiment

January 19, 2018 - By Neil V. Hobbs

Pentair plc operates as a diversified industrial manufacturing firm in the United States, Europe, and internationally. The company has market cap of $13.39 billion. The firm operates through two divisions, Water and Electrical. It has a 22.27 P/E ratio. The Water segment designs, makes, and services products and solutions to meet filtration, separation, flow, and water management challenges in agriculture, aquaculture, foodservice, food and beverage processing, swimming pools, water supply and disposal, and various industrial applications.

The stock of Philip Morris International Inc. (NYSE:PM) is a huge mover today! The stock increased 2.73% or $2.86 during the last trading session, reaching $107.93. About 2.74 million shares traded. Philip Morris International Inc. (NYSE:PM) has risen 16.65% since January 19, 2017 and is uptrending. It has underperformed by 0.05% the S&P500.The move comes after 5 months positive chart setup for the $167.64 billion company. It was reported on Jan, 19 by Barchart.com. We have $114.41 PT which if reached, will make NYSE:PM worth $10.06B more.

Among 19 analysts covering Philip Morris International (NYSE:PM), 13 have Buy rating, 0 Sell and 6 Hold. Therefore 68% are positive. Philip Morris International had 50 analyst reports since August 24, 2015 according to SRatingsIntel. The stock of Philip Morris International Inc. (NYSE:PM) has “Buy” rating given on Friday, September 22 by Cowen & Co. The company was maintained on Monday, August 21 by Cowen & Co. Bank of America maintained Philip Morris International Inc. (NYSE:PM) rating on Friday, October 20. Bank of America has “Neutral” rating and $121 target. Stifel Nicolaus maintained it with “Buy” rating and $13400 target in Monday, July 17 report. The firm earned “Buy” rating on Monday, September 12 by Goldman Sachs. Bank of America downgraded Philip Morris International Inc. (NYSE:PM) rating on Wednesday, January 4. Bank of America has “Neutral” rating and $96 target. Jefferies maintained Philip Morris International Inc. (NYSE:PM) rating on Wednesday, October 5. Jefferies has “Hold” rating and $99 target. JP Morgan upgraded Philip Morris International Inc. (NYSE:PM) on Friday, June 17 to “Overweight” rating. The stock has “Hold” rating by Jefferies on Thursday, October 12. Goldman Sachs maintained the stock with “Buy” rating in Monday, October 3 report.

Philip Morris International Inc., through its subsidiaries, makes and sells cigarettes, other tobacco products, and other nicotine-containing products. The company has market cap of $167.64 billion. The Company’s portfolio of brands comprises Marlboro, Merit, Parliament, Virginia S., L&M, Philip Morris, Bond Street, Chesterfield, Lark, Muratti, Next, and Red & White. It has a 23.83 P/E ratio. The firm also owns various cigarette brands, such as Dji Sam Soe, Sampoerna, and U Mild in Indonesia; Champion, Fortune, and Jackpot in the Philippines; Apollo-Soyuz and Optima in Russia; Morven Gold in Pakistan; Boston in Colombia; Belmont, Canadian Classics, and Number 7 in Canada; f6 in Germany; Delicados in Mexico; Assos in Greece; and Petra in the Czech Republic and Slovakia.

Since August 30, 2017, it had 0 insider purchases, and 2 selling transactions for $13.44 million activity. 14,000 shares valued at $1.62M were sold by Azinovic Drago on Wednesday, August 30. CAMILLERI LOUIS C had sold 108,979 shares worth $11.81 million on Tuesday, October 24.

Investors sentiment increased to 0.97 in 2017 Q3. Its up 0.09, from 0.88 in 2017Q2. It increased, as 55 investors sold Philip Morris International Inc. shares while 524 reduced holdings. 112 funds opened positions while 452 raised stakes. 1.10 billion shares or 0.12% more from 1.10 billion shares in 2017Q2 were reported. Aviance Cap Ptnrs Lc invested in 0.18% or 4,907 shares. Pictet & Cie (Europe) Sa reported 7,761 shares. Utd Asset Strategies accumulated 3,587 shares. Karp Capital Mgmt Corporation has invested 0.75% of its portfolio in Philip Morris International Inc. (NYSE:PM). Commonwealth Equity Svcs reported 493,387 shares. Ims Mngmt reported 5,866 shares. Vestor Cap Limited Liability reported 1,170 shares stake. Old Natl State Bank In reported 0.3% in Philip Morris International Inc. (NYSE:PM). Tnb Financial reported 27,663 shares or 0.51% of all its holdings. Guardian Capital Limited Partnership accumulated 27,318 shares or 0.04% of the stock. Wg Shaheen & Assocs Dba Whitney & Company holds 3,200 shares or 0.13% of its portfolio. 741,217 are held by Metropolitan Life Insur New York. Moreover, Parametric Port Assocs Ltd Liability Corp has 0.52% invested in Philip Morris International Inc. (NYSE:PM) for 4.17M shares. 52,158 were reported by Country Bank & Trust. 7,130 were reported by Wade G W And.

Analysts await Philip Morris International Inc. (NYSE:PM) to report earnings on February, 1. They expect $1.36 EPS, up 23.64% or $0.26 from last year’s $1.1 per share. PM’s profit will be $2.11B for 19.84 P/E if the $1.36 EPS becomes a reality. After $1.27 actual EPS reported by Philip Morris International Inc. for the previous quarter, Wall Street now forecasts 7.09% EPS growth.

Ratings analysis reveals 30% of Pentair’s analysts are positive. Out of 10 Wall Street analysts rating Pentair, 3 give it “Buy”, 1 “Sell” rating, while 6 recommend “Hold”. The lowest target is $53.0 while the high is $70.0. The stock’s average target of $61.50 is -16.59% below today’s ($73.73) share price. PNR was included in 11 notes of analysts from July 22, 2015. The firm earned “Underperform” rating on Thursday, September 1 by Cowen & Co. Jefferies downgraded the shares of PNR in report on Wednesday, July 22 to “Buy” rating. Credit Suisse initiated the stock with “Neutral” rating in Monday, September 26 report. The rating was downgraded by Susquehanna to “Neutral” on Monday, November 7. As per Wednesday, February 1, the company rating was maintained by RBC Capital Markets. The firm earned “Hold” rating on Friday, October 16 by Stifel Nicolaus. The stock of Pentair plc (NYSE:PNR) earned “Equal-Weight” rating by Morgan Stanley on Thursday, October 15. The firm has “Outperform” rating by RBC Capital Markets given on Wednesday, July 22. The company was reinitiated on Monday, October 12 by Goldman Sachs. Canaccord Genuity maintained Pentair plc (NYSE:PNR) on Friday, December 18 with “Hold” rating.

Analysts await Pentair plc (NYSE:PNR) to report earnings on January, 30. They expect $0.93 EPS, up 19.23% or $0.15 from last year’s $0.78 per share. PNR’s profit will be $168.88 million for 19.82 P/E if the $0.93 EPS becomes a reality. After $0.95 actual EPS reported by Pentair plc for the previous quarter, Wall Street now forecasts -2.11% negative EPS growth.

Trian Fund Management L.P. holds 7.96% of its portfolio in Pentair plc for 15.20 million shares. 13D Management Llc owns 118,948 shares or 3.07% of their US portfolio. Moreover, Sound Shore Management Inc Ct has 2.51% invested in the company for 2.26 million shares. The New York-based Oskie Capital Management Llc has invested 2.24% in the stock. Mairs & Power Inc, a Minnesota-based fund reported 2.66 million shares.

Since January 1, 0001, it had 0 insider buys, and 1 insider sale for $348,400 activity.

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