Aberdeen Group plc Buys 30,144 Shares of Pentair plc $PNR

Aberdeen Group plc boosted its stake in Pentair plc (NYSE:PNR) by 16.5% in the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 213,165 shares of the industrial products company’s stock after purchasing an additional 30,144 shares during the period. Aberdeen Group plc’s holdings in Pentair were worth $21,884,000 at the end of the most recent quarter.

A number of other large investors have also added to or reduced their stakes in the stock. Amundi grew its position in Pentair by 13.6% in the 1st quarter. Amundi now owns 4,974,612 shares of the industrial products company’s stock worth $412,033,000 after purchasing an additional 594,989 shares during the period. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC grew its position in Pentair by 19.1% in the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 4,129,805 shares of the industrial products company’s stock worth $361,275,000 after purchasing an additional 661,154 shares during the period. Invesco Ltd. grew its position in shares of Pentair by 16.5% during the 1st quarter. Invesco Ltd. now owns 3,829,985 shares of the industrial products company’s stock valued at $335,047,000 after acquiring an additional 541,461 shares during the period. Northern Trust Corp grew its position in shares of Pentair by 7.3% during the 1st quarter. Northern Trust Corp now owns 2,105,727 shares of the industrial products company’s stock valued at $184,209,000 after acquiring an additional 143,464 shares during the period. Finally, Massachusetts Financial Services Co. MA grew its position in shares of Pentair by 2.5% during the 1st quarter. Massachusetts Financial Services Co. MA now owns 2,050,774 shares of the industrial products company’s stock valued at $179,402,000 after acquiring an additional 50,718 shares during the period. Institutional investors own 92.37% of the company’s stock.

Analysts Set New Price Targets

PNR has been the subject of a number of recent research reports. Wall Street Zen raised shares of Pentair from a “hold” rating to a “buy” rating in a research report on Saturday, July 26th. Weiss Ratings reissued a “buy (b-)” rating on shares of Pentair in a research report on Wednesday, October 8th. Oppenheimer lifted their target price on shares of Pentair from $118.00 to $120.00 and gave the company an “outperform” rating in a research note on Wednesday, July 23rd. Stifel Nicolaus lifted their target price on shares of Pentair from $104.00 to $124.00 and gave the company a “buy” rating in a research note on Monday, July 21st. Finally, Bank of America cut shares of Pentair from a “neutral” rating to an “underperform” rating and lowered their target price for the company from $106.00 to $100.00 in a research note on Tuesday, July 29th. Two equities research analysts have rated the stock with a Strong Buy rating, eleven have issued a Buy rating, three have issued a Hold rating and one has given a Sell rating to the stock. According to MarketBeat, Pentair currently has an average rating of “Moderate Buy” and an average target price of $115.50.

Pentair Stock Up 1.5%

Shares of PNR stock opened at $108.83 on Tuesday. The stock has a market cap of $17.84 billion, a P/E ratio of 29.74, a PEG ratio of 2.05 and a beta of 1.10. Pentair plc has a 52 week low of $74.25 and a 52 week high of $113.95. The company has a quick ratio of 0.84, a current ratio of 1.45 and a debt-to-equity ratio of 0.38. The company’s fifty day simple moving average is $108.52 and its two-hundred day simple moving average is $100.38.

Pentair (NYSE:PNR) last announced its earnings results on Tuesday, July 22nd. The industrial products company reported $1.39 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.33 by $0.06. The firm had revenue of $1.12 billion for 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 business’s revenue was up 2.2% compared to the same quarter last year. During the same period in the prior year, the company earned $1.22 EPS. Pentair has set its Q3 2025 guidance at 1.160-1.20 EPS. FY 2025 guidance at 4.750-4.85 EPS. Analysts predict that Pentair plc will post 4.77 EPS for the current fiscal year.

Pentair Dividend Announcement

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