S&P 500’s Top Losses: Northrop Grumman Fell 6.54%
Northrop Grumman (NOC), which is an American global aerospace and defense technology company, was the S&P 500’s top loss on July 25.
UPS and FedEx Are Weaker Due to E-Commerce Costs
UPS, the world’s largest package delivery company, fell 6.8% on January 31. It fell due to weaker-than-expected 4Q16 earnings and 2017 outlook.
Understanding the Synergies behind Emerson’s Deal with Pentair
Emerson Electric’s (EMR) acquisition of Pentair Valves & Controls will give Emerson the best of both worlds and strengthen areas that are currently weak or nonexistent.
Emerson Snaps Up Pentair’s Valves Business for $3.1 Billion
On August 18, 2016, Emerson Electric (EMR) announced that it signed an agreement to acquire Pentair’s (PNR) Valves & Controls business for $3.2 billion.
What Are Emerson Electric’s Core Business Areas?
This is the second series in our company overview of Emerson Electric (EMR). The company recently realigned its business after finding buyers for its Network Power segment.
Danaher’s Environmental Segment Is a Cut above the Rest
Danaher’s Environmental & Applied Solutions unit was responsible for 25% of the company’s sales in 2015.
Why Flowserve Reduced Its Earnings Guidance after 2Q16
For 2016, analysts expect Flowserve (FLS) to report revenue of ~$4.0 billion, ~10% lower than its 2015 revenue of $4.5 billion.
A Glance at Flowserve’s Primary Working Capital after 2Q16
In the current volatile global scenario, Flowserve’s (FLS) 2Q16 revenue and net profit have risen by 11% and 28%, respectively, year-over-year.
Which of FLS’s Segments Outperformed in Terms of Orders in 2Q16?
Slow growth and a volatile macroeconomic environment are ongoing concerns for the flow control equipment industry as well as for Flowserve (FLS).
Why Flowserve’s 2Q16 Results Disappointed Wall Street
Flowserve announced its 2Q16 results after market hours on July 28, 2016. Lower-than-expected 2Q16 earnings sent its shares down to $47.18 in early trading.
How Will Brexit Affect Flowserve?
Brent crude oil (USO) fell by nearly 5% to $48.4 per barrel on June 24, 2016. The fall happened after the results of the Brexit vote were announced.
How Do US Utilities Compare with Their European Counterparts?
Many conservative investors are opting for utilities given their impressive yields and earnings stability.
Should You Focus on Water Utilities during Market Turmoil?
Given their yields and stable stock movements, water utilities could be an attractive option for conservative investors.
More about Roper Technologies’ Industrial Technology Segment
Roper Technologies’ (ROP) Industrial Technology segment has long lead times and provides highly engineered custom-configured products.
ROP’s Second-Largest Segment: Radio Frequency Technology
In 2015, ROP’s Radio Frequency Technology segment contributed ~28.9% to its total consolidated revenue and ~30.4% to its consolidated operating profit
Roper Technologies: Recent Acquisitions That Count
Since its inception, Roper Technologies (ROP) has followed an acquisition-based growth strategy. The company has acquired over 50 companies since 1981.
What Risks Does Roper Technologies Face?
Roper Technologies’ growth strategy includes acquisitions. Its growth largely depends on its ability to acquire and successfully integrate new businesses.
How Is Flowserve Trading Compared to Peers?
Shares of Flowserve (FLS) currently trade at a PE (price-to-earnings) value of 17.04x. This isn’t cheap compared to FLS’s peers.
Why Do Customers Buy Flowserve’s Products?
After 4Q15, FLS reported that it controlled a market share of 4% of the $130-billion pump, valve, and seal market in 2015.
Understanding Flowserve’s Flow Control Segment in 2015
In 2015, Flowserve’s (FLS) Flow Control division, or control segment, contributed ~30.4% to the company’s total consolidated revenues.
Behind Flowserve’s Surge despite Weak 1Q16 Earnings
Decent 1Q16 revenues sent Flowserve’s shares to a high of $49.52 in early trading. The stock closed at $48.81, 2.9% higher than its opening price of $47.42.
SPY Heavily Weighed Down by the Energy and Materials Sectors
All the component sectors except utilities in the SPDR S&P 500 ETF (SPY) fell in yesterday’s trade. The Energy Select Sector SPDR Fund (XLE) fell 2.5%.
How Has Pentair Performed Compared to Its Peers?
The price-to-book value ratios of Pentair, Emerson, Dover, Xylem, and A. O. Smith are 2.05x, 3.51x, 2.72x, 3.04x, and 4.39x, respectively.
Pentair’s Revenue and Income Fell in 3Q15
Pentair has fallen by 1.5% to close at $54.38 per share as of October 20, 2015, following a decrease in sales and income of 6.6% and 22.1% in 3Q15.
Glenview Capital increases stake in Fidelity National Financial
Glenview Capital Management added to its position in Fidelity National Financial (FNF) in the third quarter. Currently, the position accounts for 1.70% of the fund’s total portfolio.
Glenview Capital raises position in Endo International
Glenview Capital Management added to its position in Endo International Plc (ENDP) in the third quarter. Currently, the position accounts for 2.02% of the fund’s total portfolio.
Glenview Capital ups position in Pentair
Glenview Capital Management added to its position in Pentair Plc (PNR) in the third quarter. Currently, the position accounts for 2.41% of the fund’s total portfolio.
Glenview Capital opens new position in Danaher
Glenview Capital Management added a new position in Danaher Corp. (DHR) in the third quarter. The position accounted for 1.99% of the fund’s total portfolio.
Glenview Capital Management’s holdings in the third quarter
Larry Robbins’ Glenview Capital Management delivers attractive absolute returns through fundamental research and individual security selection.