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 Video: What is a Stock Split?
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| Pentair is a pure play water industrial manufacturing company comprised of two segments: Consumer Solutions, which designs, manufactures and sells energy-efficient residential and commercial pool equipment and accessories, and commercial and residential water treatment products and systems; and Industrial and Flow Technologies, which manufactures and sells a variety of fluid treatment and pump products and systems, including pressure vessels, gas recovery solutions, membrane bioreactors, wastewater reuse systems and advanced membrane filtration, separation systems, water disposal pumps, water supply pumps, fluid transfer pumps, turbine pumps and agricultural spray nozzles. According to our PNR split history records, Pentair PLC has had 4 splits. | |
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Pentair PLC (PNR) has 4 splits in our PNR split history database. The first split for PNR took place on June 14, 1993. This was a 2 for 1
split, meaning for each share of PNR owned pre-split, the shareholder now owned 2 shares. For example, a 1000 share position pre-split, became a 2000 share position following the split. PNR's second split took place on February 20, 1996. This was a 2 for 1
split, meaning for each share of PNR owned pre-split, the shareholder now owned 2 shares. For example, a 2000 share position pre-split, became a 4000 share position following the split. PNR's third split took place on June 09, 2004. This was a 2 for 1 split, meaning for each share of PNR owned pre-split, the shareholder now owned 2 shares. For example, a 4000 share position pre-split, became a 8000 share position following the split. PNR's 4th split took place on May 01, 2018. This was a 1489 for 1000 split, meaning for each 1000 shares of PNR owned pre-split, the shareholder now owned 1489 shares. For example, a 8000 share position pre-split, became a 11912 share position following the split.
When a company such as Pentair PLC splits its shares, the market capitalization before and after the split takes place remains stable, meaning the shareholder now owns more shares but each are valued at a lower price per share. Often, however, a lower priced stock on a per-share basis can attract a wider range of buyers. If that increased demand causes the share price to appreciate, then the total market capitalization rises post-split. This does not always happen, however, often depending on the underlying fundamentals of the business.
Looking at the PNR split history from start to finish, an original position size of 1000 shares would have turned into 11912 today. Below, we examine the compound annual growth rate — CAGR for short — of an investment into Pentair PLC shares, starting with a $10,000 purchase of PNR, presented on a split-history-adjusted basis factoring in the complete PNR split history.
Growth of $10,000.00
With Dividends Reinvested
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| Start date: |
09/17/2014 |
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| End date: |
09/13/2024 |
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| Start price/share: |
$45.24 |
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| End price/share: |
$91.49 |
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| Starting shares: |
221.04 |
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| Ending shares: |
264.84 |
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| Dividends reinvested/share: |
$8.40 |
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| Total return: |
142.30% |
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| Average Annual Total Return: |
9.26% |
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| Starting investment: |
$10,000.00 |
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| Ending investment: |
$24,238.55 |
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| Years: |
10.00 |
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Growth of $10,000.00
Without Dividends Reinvested
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| Start date: |
09/17/2014 |
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| End date: |
09/13/2024 |
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| Start price/share: |
$45.24 |
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| End price/share: |
$91.49 |
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| Dividends collected/share: |
$8.40 |
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| Total return: |
120.80% |
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| Average Annual Total Return: |
8.25% |
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| Starting investment: |
$10,000.00 |
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| Ending investment: |
$22,089.44 |
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| Years: |
10.00 |
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| Date |
Ratio |
| 06/14/1993 | 2 for 1
| | 02/20/1996 | 2 for 1
| | 06/09/2004 | 2 for 1 | | 05/01/2018 | 1489 for 1000 |
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