Wall Street Zen upgraded shares of Pentair (NYSE:PNR – Free Report) from a hold rating to a buy rating in a report published on Sunday morning.
Other analysts have also recently issued research reports about the company. Wolfe Research reaffirmed an “outperform” rating and set a $135.00 target price on shares of Pentair in a research report on Tuesday, December 9th. Weiss Ratings reaffirmed a “buy (b-)” rating on shares of Pentair in a research report on Wednesday, October 8th. Oppenheimer boosted their target price on shares of Pentair from $124.00 to $128.00 and gave the stock an “outperform” rating in a report on Thursday, November 20th. Barclays cut shares of Pentair from an “overweight” rating to an “equal weight” rating and lowered their price target for the company from $127.00 to $115.00 in a report on Thursday, December 4th. Finally, Jefferies Financial Group upgraded shares of Pentair from a “hold” rating to a “buy” rating and boosted their price objective for the stock from $120.00 to $135.00 in a research note on Wednesday. Two research analysts have rated the stock with a Strong Buy rating, eleven have issued a Buy rating, four have given a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat.com, Pentair has an average rating of “Moderate Buy” and a consensus price target of $121.07.
Read Our Latest Stock Report on Pentair
Pentair Stock Up 0.1%
Pentair (NYSE:PNR – Get Free Report) last posted 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. Pentair had a net margin of 15.84% and a return on equity of 21.83%. The business had revenue of $1.02 billion during the quarter, compared to analyst estimates of $1 billion. During the same quarter in the previous year, the business posted $1.09 EPS. The company’s quarterly revenue was up 2.9% compared to the same quarter last year. Pentair has set its Q4 2025 guidance at 1.110-1.160 EPS and its FY 2025 guidance at 4.850-4.900 EPS. As a group, research analysts expect that Pentair will post 4.77 earnings per share for the current fiscal year.
Pentair Dividend Announcement
The business also recently declared a quarterly dividend, which was paid on Friday, November 7th. Shareholders of record on Friday, October 24th were paid a dividend of $0.25 per share. The ex-dividend date was Friday, October 24th. This represents a $1.00 dividend on an annualized basis and a yield of 0.9%. Pentair’s dividend payout ratio is presently 25.38%.
Insider Buying and Selling at Pentair
In other Pentair news, CFO Robert P. Fishman sold 7,786 shares of Pentair stock in a transaction dated Friday, November 14th. The stock was sold at an average price of $105.42, for a total transaction of $820,800.12. Following the completion of the sale, the chief financial officer owned 63,164 shares of the company’s stock, valued at approximately $6,658,748.88. The trade was a 10.97% decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, Director T Michael Glenn sold 6,558 shares of the business’s stock in a transaction dated Monday, December 1st. The shares were sold at an average price of $104.33, for a total value of $684,196.14. Following the sale, the director owned 31,192 shares in the company, valued at approximately $3,254,261.36. The trade was a 17.37% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders own 1.45% of the company’s stock.
Institutional Investors Weigh In On Pentair
Institutional investors and hedge funds have recently modified their holdings of the company. Wexford Capital LP purchased a new position in Pentair during the 3rd quarter worth approximately $26,000. Richardson Financial Services Inc. increased its stake in shares of Pentair by 64.9% in the third quarter. Richardson Financial Services Inc. now owns 249 shares of the industrial products company’s stock worth $28,000 after acquiring an additional 98 shares during the period. First Horizon Advisors Inc. raised its holdings in shares of Pentair by 105.4% during the second quarter. First Horizon Advisors Inc. now owns 345 shares of the industrial products company’s stock worth $35,000 after purchasing an additional 177 shares during the last quarter. Garde Capital Inc. acquired a new position in Pentair during the second quarter valued at $41,000. Finally, North Star Investment Management Corp. boosted its holdings in Pentair by 91.5% in the second quarter. North Star Investment Management Corp. now owns 404 shares of the industrial products company’s stock valued at $41,000 after purchasing an additional 193 shares during the last quarter. Institutional investors and hedge funds own 92.37% of the company’s stock.
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.
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