NEW YORK, December 22, 2016 /PRNewswire/ --
Companies in the Industrial Equipment and Components category are engaged in the development and production of electronic and industrial equipment. Like many industries in the Industrial Goods sector, this, as a whole, offers dividend yields that are well below the wider market average. Pre-market, Stock-Callers.com draws attention to Pentair PLC (NYSE: PNR), Parker-Hannifin Corp. (NYSE: PH), Mueller Water Products Inc. (NYSE: MWA), and General Cable Corp. (NYSE: BGC). These stocks research reports can be downloaded now by simply registering for free at: http://stock-callers.com/registration
On Wednesday, shares in Manchester, the UK-based Pentair PLC recorded a trading volume of 1.09 million shares. The stock ended the session 0.11% lower at $57.06. The Company's shares have gained 18.05% on an YTD basis. The stock is trading 1.26% below its 50-day moving average. Moreover, shares of Pentair, which operates as a diversified industrial manufacturing company in the US, Europe, and internationally, have a Relative Strength Index (RSI) of 42.07.
On December 06th, 2016, Pentair announced that its Board of Directors has approved a 3% increase in its regular annual cash dividend rate for 2017 (from $1.34 per share paid in 2016 to $1.38 per share), and that it will pay a regular quarterly cash dividend of $0.345 per share on February 10th, 2017, to shareholders of record at the close of business on January 27th, 2017. 2017 will mark the 41st consecutive year that Pentair has increased its dividend. Your complete research report on PNR can be retrieved for free at: http://stock-callers.com/registration/?symbol=PNR
Cleveland, Ohio headquartered Parker-Hannifin Corp.'s stock closed the day 1.06% lower at $142.39 with a total trading volume of 957,497 shares. The Company's shares have advanced 3.76% in the past month, 15.45% in the previous three months, and 50.09% since the start of this year. The stock is trading 7.53% above its 50-day moving average and 19.87% above its 200-day moving average. Additionally, shares of Parker-Hannifin, which manufactures and sells motion and control technologies and systems for various mobile, industrial, and aerospace markets worldwide, have an RSI of 60.66.
On December 01st, 2016, Parker Hannifin announced that it will acquire CLARCOR Inc. for approximately $4.3 billion in cash, including the assumption of net debt. Under the terms of the agreement, Parker Hannifin will purchase all of CLARCOR's outstanding shares for $83.00 per share in cash. The transaction has been unanimously approved by the Board of Directors of each company.
On December 09th, 2016, research firm Aegis Capital initiated a 'Hold' rating on the Company's stock, issuing a target price of $160 per share. PH free report is just a click away at: http://stock-callers.com/registration/?symbol=PH
Mueller Water Products
Atlanta, Georgia headquartered Mueller Water Products Inc.'s stock finished Wednesday's session 0.07% lower at $13.80. A total volume of 1.45 million shares was traded, which was above their three months average volume of 1.13 million shares. The Company's shares have advanced 3.14% in the last one month, 8.79% over the previous three months, and 62.19% since the start of this year. The stock is trading above its 50-day and 200-day moving averages by 7.82% and 19.82%, respectively. Additionally, shares of Mueller Water Products, which manufactures and markets products and services for the use in transmission, distribution, and measurement of water in the US, Canada, and internationally, have an RSI of 59.80.
On December 06th, 2016, Mueller Co., a subsidiary of Muellar Water Products, introduced a line stopping solution designed specifically for polyethylene (PE) pipes distributing natural gas. The Shur Stop™ PE Line Stopping System incorporates Mueller Co.'s well-known NO-BLO® technology providing leak-free performance. It increases the safety of utility workers by giving them complete control of natural gas flow during stop off. Sign up for your complimentary research report on MWA at: http://stock-callers.com/registration/?symbol=MWA
Shares in Highland Heights, Kentucky headquartered General Cable Corp. recorded a trading volume of 286,723 shares, and ended yesterday's trading session 0.25% lower at $19.85. The stock has advanced 9.17% in the past month, 37.68% over the previous three months, and 56.02% on an YTD basis. The Company's shares are trading above their 50-day and 200-day moving averages by 19.54% and 38.40%, respectively. Furthermore, shares of General Cable, which designs, develops, manufactures, markets, and distributes copper, aluminum, and fiber optic wire and cable products for the energy, industrial, construction, and specialty and communications markets worldwide, have an RSI of 64.82.
On November 02nd, 2016, General Cable reported Q3 2016 diluted loss per share of $0.29 and reported operating income of $5 million. The Company generated adjusted earnings per share of $0.07 and adjusted operating income of $32 million for Q3 2016.
On December 01st, 2016, research firm CL King initiated a 'Neutral' rating on the Company's stock. Register for free on Stock-Callers.com and download the latest research report on BGC at: http://stock-callers.com/registration/?symbol=BGC
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