Asset Management One Co. Ltd. Raises Position in Pentair plc $PNR

Asset Management One Co. Ltd. grew its holdings in shares of Pentair plc (NYSE:PNR) by 0.6% during the second quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 75,757 shares of the industrial products company’s stock after purchasing an additional 420 shares during the quarter. Asset Management One Co. Ltd.’s holdings in Pentair were worth $7,777,000 at the end of the most recent quarter.

A number of other large investors also recently made changes to their positions in the business. Turning Point Benefit Group Inc. purchased a new position in shares of Pentair during the 2nd quarter worth $652,000. Strategic Blueprint LLC raised its position in shares of Pentair by 4.0% in the 2nd quarter. Strategic Blueprint LLC now owns 5,744 shares of the industrial products company’s stock worth $590,000 after buying an additional 223 shares during the period. Forum Financial Management LP raised its position in shares of Pentair by 12.2% in the 2nd quarter. Forum Financial Management LP now owns 3,226 shares of the industrial products company’s stock worth $331,000 after buying an additional 352 shares during the period. Ethic Inc. raised its position in shares of Pentair by 10.6% in the 2nd quarter. Ethic Inc. now owns 25,765 shares of the industrial products company’s stock worth $2,669,000 after buying an additional 2,465 shares during the period. Finally, Chicago Partners Investment Group LLC purchased a new position in shares of Pentair in the 2nd quarter worth $336,000. Hedge funds and other institutional investors own 92.37% of the company’s stock.

Pentair Stock Down 0.6%

Shares of Pentair stock opened at $109.07 on Tuesday. The business has a 50-day moving average of $109.50 and a 200-day moving average of $102.29. The company has a debt-to-equity ratio of 0.42, a current ratio of 1.46 and a quick ratio of 0.82. The company has a market capitalization of $17.85 billion, a PE ratio of 27.68, a P/E/G ratio of 2.05 and a beta of 1.10. Pentair plc has a 1-year low of $74.25 and a 1-year high of $113.95.

Pentair (NYSE:PNR) last announced its earnings results on Tuesday, October 21st. The industrial products company reported $1.24 earnings per share for the quarter, beating the consensus estimate of $1.18 by $0.06. The company had revenue of $1.02 billion during the quarter, compared to the consensus estimate of $1 billion. Pentair had a return on equity of 21.83% and a net margin of 15.84%.The company’s revenue was up 2.9% on a year-over-year basis. During the same period last year, the firm earned $1.09 earnings per share. Pentair has set its Q4 2025 guidance at 1.110-1.160 EPS. FY 2025 guidance at 4.850-4.900 EPS. As a group, equities analysts forecast 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 paid a dividend of $0.25 per share. The ex-dividend date is Friday, October 24th. This represents a $1.00 annualized dividend and a dividend yield of 0.9%. Pentair’s dividend payout ratio (DPR) is currently 25.38%.

Analysts Set New Price Targets

Several research analysts recently weighed in on PNR shares. Bank of America lowered Pentair from a “neutral” rating to an “underperform” rating and cut their target price for the stock from $106.00 to $100.00 in a research report on Tuesday, July 29th. Stifel Nicolaus increased their target price on Pentair from $104.00 to $124.00 and gave the stock a “buy” rating in a research report on Monday, July 21st. Citigroup increased their target price on Pentair from $126.00 to $133.00 and gave the stock a “buy” rating in a research report on Thursday, October 9th. JPMorgan Chase & Co. increased their target price on Pentair from $116.00 to $126.00 and gave the stock an “overweight” rating in a research report on Wednesday, October 15th. Finally, Mizuho increased their price target on Pentair from $118.00 to $122.00 and gave the company an “outperform” rating in a report on Wednesday, July 23rd. Two research analysts have rated the stock with a Strong Buy rating, eleven have given a Buy rating, three have assigned a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat, Pentair has a consensus rating of “Moderate Buy” and an average price target of $119.93.

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.