Abundance Wealth Counselors Has $757,000 Holdings in Pentair plc $PNR

Abundance Wealth Counselors grew its stake in Pentair plc (NYSE:PNR) by 3.1% in the 2nd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 7,374 shares of the industrial products company’s stock after buying an additional 225 shares during the quarter. Abundance Wealth Counselors’ holdings in Pentair were worth $757,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently made changes to their positions in the stock. Sumitomo Mitsui DS Asset Management Company Ltd boosted its holdings in shares of Pentair by 0.5% in the second quarter. Sumitomo Mitsui DS Asset Management Company Ltd now owns 19,965 shares of the industrial products company’s stock valued at $2,050,000 after buying an additional 108 shares during the period. Horizon Investments LLC boosted its holdings in shares of Pentair by 4.8% in the first quarter. Horizon Investments LLC now owns 2,372 shares of the industrial products company’s stock valued at $207,000 after buying an additional 109 shares during the period. Brooklyn Investment Group boosted its holdings in shares of Pentair by 14.8% in the first quarter. Brooklyn Investment Group now owns 847 shares of the industrial products company’s stock valued at $74,000 after buying an additional 109 shares during the period. Strategic Blueprint LLC boosted its holdings in shares of Pentair by 2.3% in the first quarter. Strategic Blueprint LLC now owns 5,521 shares of the industrial products company’s stock valued at $483,000 after buying an additional 123 shares during the period. Finally, Signaturefd LLC boosted its holdings in Pentair by 11.5% during the second quarter. Signaturefd LLC now owns 1,245 shares of the industrial products company’s stock worth $128,000 after purchasing an additional 128 shares during the last quarter. Institutional investors and hedge funds own 92.37% of the company’s stock.

Wall Street Analysts Forecast Growth

Several research analysts recently commented on the stock. Barclays increased their target price on shares of Pentair from $117.00 to $125.00 and gave the stock an “overweight” rating in a report on Wednesday. Stifel Nicolaus increased their target price on shares of Pentair from $104.00 to $124.00 and gave the stock a “buy” rating in a report on Monday, July 21st. Robert W. Baird increased their target price on shares of Pentair from $107.00 to $121.00 and gave the stock an “outperform” rating in a report on Wednesday, July 23rd. TD Cowen cut shares of Pentair from a “buy” rating to a “hold” rating and reduced their target price for the stock from $115.00 to $110.00 in a report on Wednesday, July 23rd. Finally, Bank of America cut shares of Pentair from a “neutral” rating to an “underperform” rating and reduced their target price for the stock from $106.00 to $100.00 in a report on Tuesday, July 29th. Two research analysts have rated the stock with a Strong Buy rating, ten have given a Buy rating, three have assigned a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat.com, Pentair has a consensus rating of “Moderate Buy” and a consensus price target of $114.93.

Pentair Stock Performance

Shares of PNR stock opened at $112.39 on Friday. The stock has a market cap of $18.42 billion, a P/E ratio of 30.71, a P/E/G ratio of 2.12 and a beta of 1.10. The company has a debt-to-equity ratio of 0.38, a current ratio of 1.45 and a quick ratio of 0.84. The company has a fifty day moving average price of $107.38 and a two-hundred day moving average price of $99.18. Pentair plc has a one year low of $74.25 and a one year high of $112.91.

Pentair (NYSE:PNR) last announced its quarterly earnings results on Tuesday, July 22nd. The industrial products company reported $1.39 EPS for the quarter, beating analysts’ consensus estimates of $1.33 by $0.06. The firm had revenue of $1.12 billion during the quarter, compared to analysts’ expectations of $1.12 billion. Pentair had a net margin of 14.86% and a return on equity of 21.62%. The company’s revenue for the quarter was up 2.2% compared to the same quarter last year. During the same quarter last year, the company posted $1.22 earnings per share. Pentair has set its Q3 2025 guidance at 1.160-1.20 EPS. FY 2025 guidance at 4.750-4.85 EPS. As a group, equities analysts predict that Pentair plc will post 4.77 EPS for the current year.

Pentair Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Friday, November 7th. Stockholders of record on Friday, October 24th will be given a $0.25 dividend. The ex-dividend date of this dividend is Friday, October 24th. This represents a $1.00 annualized dividend and a dividend yield of 0.9%. Pentair’s dividend payout ratio is presently 27.32%.

Pentair Company 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.