Financial Results, Completed Acquisitions and Dividends - Research Report on
Pentair, Barnes Group, CIRCOR, Mueller Water, and H&E Equipment Services
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NEW YORK, November 6, 2013
NEW YORK, November 6, 2013 /PRNewswire/ --
Today, Analysts' Corner announced new research reports highlighting Pentair,
Inc. (NYSE: PNR), Barnes Group Inc. (NYSE: B), CIRCOR International, Inc.
(NYSE: CIR), Mueller Water Products, Inc. (NYSE: MWA), and H&E Equipment
Services Inc. (NASDAQ: HEES). Today's readers may access these reports free of
charge - including full price targets, industry analysis and analyst ratings -
via the links below.
Pentair, Inc. Research Report
On October 22, 2013, Pentair Ltd. (Pentair) reported its Q3 FY 2013 (period
ended September 28, 2013) financial results with total sales of $1.8 billion,
up 110.8% YoY. Net income attributable to Pentair was $172.8 million or $0.85
per diluted share in Q3 FY 2013, compared to net income attributable to
Pentair of $31.4 million or $0.31 per diluted share in Q3 FY 2012. "We
continued to see strength in the North American residential recovery and our
global food and beverage markets, which were offset by a much weaker than
expected Australian economy," said Randall J. Hogan, Pentair's Chairman and
CEO. "Although the top line fell modestly short of our expectations, our
robust margin expansion again demonstrated the power of the Pentair Integrated
Management System (PIMS) working and delivering ahead of schedule on our
integration and standardization synergies." The Company added that it
anticipates full-year FY 2013 sales of $7.4 billion and adjusted EPS in the
range of $3.19 to $3.21. The Full Research Report on Pentair, Inc. - including
full detailed breakdown, analyst ratings and price targets - is available to
download free of charge at:
Barnes Group Inc. Research Report
On October 31, 2013, Barnes Group Inc. (Barnes Group) announced that it has
completed the acquisition of the operating companies of privately held Männer.
Barnes Group stated that it has purchased the capital stock of the Männer
operating companies for €275 million, subject to the terms of the purchase
agreement. "We are pleased to complete the Männer transaction and welcome its
skilled workforce to Barnes Group," said Patrick Dempsey, President and CEO of
Barnes Group. "Männer's precision manufacturing capabilities,
highly-engineered products and system solutions, and complementary end-markets
in the injection molding industry, allow Barnes Group to extend its growth
opportunities and technical capabilities in this highly desirable industry."
The Full Research Report on Barnes Group Inc. - including full detailed
breakdown, analyst ratings and price targets - is available to download free
of charge at: [http://www.analystscorner.com/r/full_research_report/89ef_B]
CIRCOR International, Inc. Research Report
On October 30, 2013, CIRCOR International, Inc. (CIRCOR) announced that its
Board of Directors has declared a regular quarterly dividend of c.$0.04 per
share on CIRCOR's common stock. According to the Company, the dividend is
payable on November 29, 2013 to shareholders of record as of the close of the
business on November 15, 2013. The Full Research Report on CIRCOR
International, Inc. - including full detailed breakdown, analyst ratings and
price targets - is available to download free of charge at:
Mueller Water Products, Inc. Research Report
On October 23, 2013, Mueller Water Products Inc. (Mueller Water Products)
announced that its Board of Directors has declared a quarterly dividend of
c.$0.02 per share. According to the Company, the dividend is payable on or
about November 20, 2013 to stockholders of record at the close of the business
on November 8, 2013. Additionally, the Company announced that its Annual
Meeting of Stockholders will be held on January 29, 2014 at 10:00 a.m., local
time, in Atlanta, Georgia, and all unit holders on record as of December 2,
2013 will be entitled to vote at the meeting. The Full Research Report on
Mueller Water Products, Inc. - including full detailed breakdown, analyst
ratings and price targets - is available to download free of charge at:
H&E Equipment Services Inc. Research Report
On November 1, 2013, H&E Equipment Services Inc. (H&E) reported its Q3 2013
financial results with revenue growth of 32.2% YoY to $270.4 million. Net
income for the quarter totaled $14 million during Q3 2013, compared to $3.7
million in Q3 2012. Adjusted EBITDA grew 25.2% YoY to $70 million during the
quarter. John Engquist, H&E's CEO said, "Our business performed exceptionally
well during the third quarter as a result of our continued focus on solid
execution, capitalizing on market cycle expansion and strong industrial market
penetration. We believe the positive trends that we are seeing in our business
will continue through the balance of this year and into 2014, where we
anticipate additional fleet growth and market expansion in our industrial
markets, where we believe there will be continued high demand, and in the
commercial construction sector, where we believe there will be expanding
opportunities." The Full Research Report on H&E Equipment Services Inc. -
including full detailed breakdown, analyst ratings and price targets - is
available to download free of charge at:
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SOURCE Analysts' Corner
Contact: Joe Thomas, CONTACT PHONE: +1-310-496-8071 (North America)
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