IFP Advisors Inc Grows Stake in Pentair plc $PNR

IFP Advisors Inc boosted its position in Pentair plc (NYSE:PNRFree Report) by 12.4% in the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 1,656 shares of the industrial products company’s stock after purchasing an additional 183 shares during the period. IFP Advisors Inc’s holdings in Pentair were worth $170,000 as of its most recent SEC filing.

A number of other large investors have also recently bought and sold shares of the stock. Amundi grew its holdings in Pentair by 13.6% during the 1st quarter. Amundi now owns 4,974,612 shares of the industrial products company’s stock valued at $412,033,000 after buying an additional 594,989 shares during the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC boosted its holdings in Pentair by 19.1% in the first 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 valued at $361,275,000 after acquiring an additional 661,154 shares during the last quarter. Invesco Ltd. boosted its holdings in Pentair by 16.5% in the first 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 last quarter. Northern Trust Corp lifted its stake in shares of Pentair by 7.3% during the first quarter. Northern Trust Corp now owns 2,105,727 shares of the industrial products company’s stock worth $184,209,000 after purchasing an additional 143,464 shares in the last quarter. Finally, Massachusetts Financial Services Co. MA lifted its stake in shares of Pentair by 2.5% during the first quarter. Massachusetts Financial Services Co. MA now owns 2,050,774 shares of the industrial products company’s stock worth $179,402,000 after purchasing an additional 50,718 shares in the last quarter. Institutional investors and hedge funds own 92.37% of the company’s stock.

Pentair Stock Performance

Shares of Pentair stock opened at $108.82 on Friday. 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 firm has a market cap of $17.84 billion, a P/E ratio of 29.73, a P/E/G ratio of 2.06 and a beta of 1.10. The firm has a 50 day simple moving average of $109.05 and a 200 day simple moving average of $100.81. Pentair plc has a fifty-two week low of $74.25 and a fifty-two week high of $113.95.

Pentair (NYSE:PNRGet Free Report) last announced its quarterly earnings data on Tuesday, July 22nd. The industrial products company reported $1.39 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.33 by $0.06. Pentair had a net margin of 14.86% and a return on equity of 21.62%. The firm had revenue of $1.12 billion for the quarter, compared to analysts’ expectations of $1.12 billion. During the same period last year, the firm earned $1.22 earnings per share. The business’s revenue for the quarter was up 2.2% on a year-over-year basis. 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 predict that Pentair plc will post 4.77 earnings per share for the current fiscal 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 paid a $0.25 dividend. This represents a $1.00 annualized dividend and a yield of 0.9%. The ex-dividend date is Friday, October 24th. Pentair’s payout ratio is presently 27.32%.

Wall Street Analysts Forecast Growth

PNR has been the topic of a number of analyst reports. Wall Street Zen raised Pentair from a “hold” rating to a “buy” rating in a research report on Saturday, July 26th. Mizuho upped their target price on Pentair from $118.00 to $122.00 and gave the company an “outperform” rating in a report on Wednesday, July 23rd. Barclays upped their target price on Pentair from $117.00 to $125.00 and gave the stock an “overweight” rating in a research report on Wednesday, October 1st. JPMorgan Chase & Co. increased their price objective on Pentair from $116.00 to $126.00 and gave the company an “overweight” rating in a research report on Wednesday. Finally, Bank of America downgraded shares of Pentair from a “neutral” rating to an “underperform” rating and cut their target price for the company from $106.00 to $100.00 in a research note on Tuesday, July 29th. Two research analysts have rated the stock with a Strong Buy rating, eleven have assigned a Buy rating, three have assigned a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $116.21.

Read Our Latest Research Report on PNR

Pentair Company Profile

(Free Report)

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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Institutional Ownership by Quarter for Pentair (NYSE:PNR)

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