Perpetual Ltd Has $17.18 Million Stock Position in Pentair plc $PNR

Perpetual Ltd grew its position in Pentair plc (NYSE:PNR) by 11.0% in the 2nd quarter, Holdings Channel.com reports. The institutional investor owned 167,343 shares of the industrial products company’s stock after acquiring an additional 16,546 shares during the period. Perpetual Ltd’s holdings in Pentair were worth $17,179,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently made changes to their positions in PNR. Opal Wealth Advisors LLC bought a new stake in Pentair in the 1st quarter valued at $28,000. NBC Securities Inc. bought a new stake in Pentair in the 1st quarter valued at $33,000. Horizon Financial Services LLC bought a new stake in Pentair in the 1st quarter valued at $38,000. North Capital Inc. bought a new stake in Pentair in the 1st quarter valued at $38,000. Finally, Garde Capital Inc. bought a new stake in Pentair in the 2nd quarter valued at $41,000. Institutional investors and hedge funds own 92.37% of the company’s stock.

Analyst Ratings Changes

PNR has been the topic of several research reports. JPMorgan Chase & Co. boosted their price objective on shares of Pentair from $113.00 to $116.00 and gave the company an “overweight” rating in a research report on Wednesday, July 23rd. Stifel Nicolaus boosted their price target on shares of Pentair from $104.00 to $124.00 and gave the stock a “buy” rating in a research report on Monday, July 21st. Citigroup reissued a “buy” rating and set a $125.00 price target (up from $99.00) on shares of Pentair in a research report on Monday, July 14th. Bank of America cut shares of Pentair from a “neutral” rating to an “underperform” rating and cut their price target for the stock from $106.00 to $100.00 in a research report on Tuesday, July 29th. Finally, Robert W. Baird boosted their price target on shares of Pentair from $107.00 to $121.00 and gave the stock an “outperform” rating in a research report on Wednesday, July 23rd. Two research analysts have rated the stock with a Strong Buy rating, ten have assigned a Buy rating, three have issued a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus price target of $114.36.

Pentair Stock Down 1.1%

Pentair stock opened at $110.32 on Friday. The firm has a market capitalization of $18.08 billion, a PE ratio of 30.14, a P/E/G ratio of 2.14 and a beta of 1.08. The company’s 50-day moving average is $106.48 and its 200-day moving average is $97.75. Pentair plc has a fifty-two week low of $74.25 and a fifty-two week high of $112.91. The company has a debt-to-equity ratio of 0.38, a current ratio of 1.45 and a quick ratio of 0.84.

Pentair (NYSE:PNR) last released its quarterly earnings data on Tuesday, July 22nd. The industrial products company reported $1.39 earnings per share for the quarter, topping the consensus estimate of $1.33 by $0.06. Pentair had a net margin of 14.86% and a return on equity of 21.62%. The company had revenue of $1.12 billion for the quarter, compared to analyst estimates of $1.12 billion. During the same period in the previous year, the business earned $1.22 EPS. Pentair’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. Sell-side 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.