SVB Wealth LLC bought a new position in shares of Pentair plc (NYSE:PNR – Free Report) during the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund bought 1,014 shares of the industrial products company’s stock, valued at approximately $89,000.
A number of other hedge funds and other institutional investors have also made changes to their positions in PNR. Guggenheim Capital LLC increased its position in shares of Pentair by 15.2% during the fourth quarter. Guggenheim Capital LLC now owns 2,734 shares of the industrial products company’s stock worth $275,000 after purchasing an additional 360 shares in the last quarter. Price T Rowe Associates Inc. MD grew its holdings in shares of Pentair by 0.3% during the fourth quarter. Price T Rowe Associates Inc. MD now owns 228,463 shares of the industrial products company’s stock worth $22,993,000 after buying an additional 706 shares during the last quarter. Voya Investment Management LLC grew its holdings in shares of Pentair by 13.6% during the fourth quarter. Voya Investment Management LLC now owns 160,332 shares of the industrial products company’s stock worth $16,136,000 after buying an additional 19,231 shares during the last quarter. Kovitz Investment Group Partners LLC purchased a new position in shares of Pentair during the fourth quarter worth about $365,000. Finally, Nebula Research & Development LLC purchased a new position in shares of Pentair during the fourth quarter worth about $227,000. Institutional investors and hedge funds own 92.37% of the company’s stock.
Analyst Ratings Changes
PNR has been the topic of a number of research reports. Wall Street Zen raised Pentair from a “hold” rating to a “buy” rating in a report on Saturday, July 26th. Barclays raised their price target on Pentair from $116.00 to $117.00 and gave the stock an “overweight” rating in a report on Wednesday, July 23rd. JPMorgan Chase & Co. raised their price target on Pentair from $113.00 to $116.00 and gave the stock an “overweight” rating in a report on Wednesday, July 23rd. Mizuho raised their price target on Pentair from $118.00 to $122.00 and gave the stock an “outperform” rating in a report on Wednesday, July 23rd. Finally, Stifel Nicolaus raised their price target on Pentair from $104.00 to $124.00 and gave the stock a “buy” rating in a report on Monday, July 21st. Two analysts have rated the stock with a Strong Buy rating, ten have issued a Buy rating, three have issued a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat, Pentair has a consensus rating of “Moderate Buy” and a consensus price target of $114.36.
Pentair Price Performance
Shares of PNR opened at $107.9440 on Tuesday. Pentair plc has a twelve month low of $74.25 and a twelve month high of $110.71. The stock’s 50 day moving average is $103.93 and its two-hundred day moving average is $95.84. The firm has a market capitalization of $17.70 billion, a PE ratio of 29.49, a P/E/G ratio of 2.08 and a beta of 1.07. The company has a current ratio of 1.45, a quick ratio of 0.84 and a debt-to-equity ratio of 0.38.
Pentair (NYSE:PNR – Get Free Report) last announced its quarterly earnings data on Tuesday, July 22nd. The industrial products company reported $1.39 earnings per share for the quarter, beating analysts’ consensus estimates of $1.33 by $0.06. Pentair had a return on equity of 21.62% and a net margin of 14.86%.The company had revenue of $1.12 billion for the quarter, compared to analyst estimates of $1.12 billion. During the same quarter in the previous year, the company earned $1.22 EPS. The firm’s revenue for the quarter was up 2.2% compared to the same quarter last year. Pentair has set its Q3 2025 guidance at 1.160-1.20 EPS. FY 2025 guidance at 4.750-4.85 EPS. Research analysts anticipate that Pentair plc will post 4.77 earnings per share for the current year.
Pentair Profile
Pentair plc provides various water solutions in the United States, Western Europe, China, Eastern Europe, Latin America, the Middle East, Southeast Asia, Australia, Canada, and Japan. The company operates through three segments: Flow, Water Solutions, and Pool. The Flow segment designs, manufactures, and sells 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, solid handling pumps, and agricultural spray nozzles for fluid delivery, ion exchange, desalination, food and beverage, separation technologies in the oil and gas industry, residential and municipal wells, water treatment, wastewater solids handling, pressure boosting, circulation and transfer, fire suppression, flood control, agricultural irrigation, and crop spray in residential, commercial, and industrial markets.
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