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London, U.K.-based Pentair plc (PNR) is a water treatment company, providing various water solutions, operating through the Flow, Water Solutions, and Pool segments. With a market cap of $17.3 billion, Pentair delivers a range of smart and sustainable water solutions to homes, businesses, and industries, enabling its customers to access clean water, reduce water consumption, as well as recover and reuse it.Companies worth $10 billion or more are generally described as "large-cap stocks." Pentair fits right into that category, with its market cap exceeding this threshold, reflecting its substantial size, influence, and dominance in the water treatment space.PNR touched its all-time high of $113.95 on Oct. 3 and is currently trading 7% below that peak. Meanwhile, PNR stock prices have declined 4.5% over the past three months, notably outperforming the Industrial Select Sector SPDR Fund’s (XLI) 3.4% gains during the same time frame.
