Freestone Capital Holdings LLC Buys New Shares in Pentair plc $PNR

Freestone Capital Holdings LLC bought a new stake in shares of Pentair plc (NYSE:PNR) during the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund bought 2,173 shares of the industrial products company’s stock, valued at approximately $223,000.

A number of other institutional investors and hedge funds also recently bought and sold shares of PNR. Garde Capital Inc. bought a new stake in Pentair in the 2nd quarter valued at $41,000. North Star Investment Management Corp. increased its holdings in Pentair by 91.5% in the 2nd quarter. North Star Investment Management Corp. now owns 404 shares of the industrial products company’s stock valued at $41,000 after acquiring an additional 193 shares during the last quarter. Brooklyn Investment Group increased its holdings in Pentair by 14.8% in the 1st quarter. Brooklyn Investment Group now owns 847 shares of the industrial products company’s stock valued at $74,000 after acquiring an additional 109 shares during the last quarter. New Age Alpha Advisors LLC increased its holdings in Pentair by 46.8% in the 1st quarter. New Age Alpha Advisors LLC now owns 941 shares of the industrial products company’s stock valued at $82,000 after acquiring an additional 300 shares during the last quarter. Finally, SVB Wealth LLC bought a new stake in Pentair in the 1st quarter valued at $89,000. 92.37% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

A number of analysts have issued reports on PNR shares. Wall Street Zen upgraded shares of Pentair from a “hold” rating to a “buy” rating in a report on Saturday, July 26th. Bank of America downgraded shares of Pentair from a “neutral” rating to an “underperform” rating and reduced their price target for the company from $106.00 to $100.00 in a report on Tuesday, July 29th. Citigroup boosted their target price on shares of Pentair from $126.00 to $133.00 and gave the stock a “buy” rating in a report on Thursday, October 9th. Oppenheimer boosted their target price on shares of Pentair from $120.00 to $124.00 and gave the stock an “outperform” rating in a report on Monday, October 20th. Finally, Robert W. Baird set a $130.00 target price on shares of Pentair in a report on Wednesday, October 22nd. Two 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 data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average price target of $119.93.

Pentair Stock Performance

Shares of NYSE:PNR opened at $108.02 on Thursday. The company has a market capitalization of $17.68 billion, a price-to-earnings ratio of 27.42, a PEG ratio of 2.00 and a beta of 1.10. Pentair plc has a 12 month low of $74.25 and a 12 month high of $113.95. The firm’s 50-day moving average is $109.50 and its 200 day moving average is $103.57. The company has a current ratio of 1.46, a quick ratio of 0.82 and a debt-to-equity ratio of 0.42.

Pentair (NYSE:PNR) last issued its quarterly earnings results on Tuesday, October 21st. The industrial products company reported $1.24 EPS for the quarter, beating the consensus estimate of $1.18 by $0.06. The company had revenue of $1.02 billion for the quarter, compared to the consensus estimate of $1 billion. Pentair had a net margin of 15.84% and a return on equity of 21.83%. The firm’s revenue was up 2.9% compared to the same quarter last year. During the same period in the prior year, the firm posted $1.09 EPS. Pentair has set its Q4 2025 guidance at 1.110-1.160 EPS. FY 2025 guidance at 4.850-4.900 EPS. Research analysts predict that Pentair plc will post 4.77 EPS for the current year.

Pentair Announces Dividend

The firm also recently declared 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. This represents a $1.00 annualized dividend and a dividend yield of 0.9%. The ex-dividend date of this dividend is Friday, October 24th. Pentair’s dividend payout ratio is presently 25.38%.

About Pentair

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.