Pentair plc $PNR Shares Sold by QRG Capital Management Inc.

QRG Capital Management Inc. cut its holdings in Pentair plc (NYSE:PNR) by 4.5% during the second quarter, according to its most recent Form 13F filing with the SEC. The fund owned 8,805 shares of the industrial products company’s stock after selling 416 shares during the period. QRG Capital Management Inc.’s holdings in Pentair were worth $904,000 at the end of the most recent reporting period.

Other large investors have also recently added to or reduced their stakes in the company. Opal Wealth Advisors LLC acquired a new position in Pentair in the first quarter valued at approximately $28,000. NBC Securities Inc. acquired a new position in Pentair during the first quarter worth $33,000. Horizon Financial Services LLC acquired a new position in Pentair during the first quarter worth $38,000. North Capital Inc. acquired a new position in Pentair during the first quarter worth $38,000. Finally, Garde Capital Inc. acquired a new position in Pentair during the second quarter worth $41,000. 92.37% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

A number of research analysts have commented on the company. TD Cowen cut Pentair from a “buy” rating to a “hold” rating and decreased their price target for the stock from $115.00 to $110.00 in a research note on Wednesday, July 23rd. Citigroup restated a “buy” rating and set a $125.00 price target (up from $99.00) on shares of Pentair in a research note on Monday, July 14th. JPMorgan Chase & Co. upped their price objective on Pentair from $113.00 to $116.00 and gave the stock an “overweight” rating in a research report on Wednesday, July 23rd. Bank of America lowered Pentair from a “neutral” rating to an “underperform” rating and cut their price objective for the stock from $106.00 to $100.00 in a research report on Tuesday, July 29th. Finally, Oppenheimer upped their price objective on Pentair from $118.00 to $120.00 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, eleven have assigned a Buy rating, three have issued a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average target price of $114.93.

Pentair Price Performance

Shares of PNR opened at $111.90 on Thursday. Pentair plc has a fifty-two week low of $74.25 and a fifty-two week high of $113.95. The company has a market capitalization of $18.34 billion, a price-to-earnings ratio of 30.57, a price-to-earnings-growth ratio of 2.12 and a beta of 1.10. The firm has a 50-day simple moving average of $108.11 and a 200-day simple moving average of $99.83. The company has a debt-to-equity ratio of 0.38, a quick ratio of 0.84 and a current ratio of 1.45.

Pentair (NYSE:PNR) 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. On average, equities research analysts anticipate that Pentair plc will post 4.77 earnings per share for the current year.

Pentair Dividend Announcement

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

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.