Pentair (NYSE:PNR) Price Target Lowered to $126.00 at Citigroup

Pentair (NYSE:PNR) had its target price decreased by stock analysts at Citigroup from $135.00 to $126.00 in a report issued on Monday,Benzinga reports. The brokerage currently has a “buy” rating on the industrial products company’s stock. Citigroup’s price target indicates a potential upside of 22.16% from the company’s current price.

PNR has been the topic of several other research reports. BNP Paribas Exane reaffirmed an “underperform” rating and set a $90.00 price target on shares of Pentair in a research note on Wednesday, January 7th. JPMorgan Chase & Co. lifted their price target on shares of Pentair from $116.00 to $126.00 and gave the company an “overweight” rating in a research note on Wednesday, October 15th. Wall Street Zen cut shares of Pentair from a “buy” rating to a “hold” rating in a research report on Saturday. Wolfe Research restated an “outperform” rating and issued a $135.00 price objective on shares of Pentair in a report on Tuesday, December 9th. Finally, Weiss Ratings reiterated a “buy (b-)” rating on shares of Pentair in a report on Wednesday, October 8th. Two analysts have rated the stock with a Strong Buy rating, eleven have issued a Buy rating, three have assigned a Hold rating and four have issued a Sell rating to the company. According to MarketBeat.com, Pentair currently has an average rating of “Moderate Buy” and a consensus price target of $115.88.

Pentair Stock Up 0.1%

NYSE PNR traded up $0.08 on Monday, reaching $103.14. The stock had a trading volume of 1,616,839 shares, compared to its average volume of 1,890,703. 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 has a 1 year low of $74.25 and a 1 year high of $113.95. The business has a 50 day moving average price of $104.97 and a 200 day moving average price of $106.53. The company has a market capitalization of $16.88 billion, a price-to-earnings ratio of 26.18, a P/E/G ratio of 1.81 and a beta of 1.22.

Pentair (NYSE:PNR) last issued its quarterly earnings data on Tuesday, October 21st. The industrial products company reported $1.24 earnings per share for the quarter, topping analysts’ consensus estimates 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 analysts’ expectations of $1 billion. During the same period in the previous year, the company earned $1.09 earnings per share. Pentair’s revenue for the quarter was up 2.9% on a year-over-year basis. Pentair has set its Q4 2025 guidance at 1.110-1.160 EPS and its FY 2025 guidance at 4.850-4.900 EPS. On average, analysts forecast that Pentair will post 4.77 EPS for the current fiscal year.

Insider Activity

In other news, CFO Robert P. Fishman sold 7,786 shares of Pentair stock in a transaction on Friday, November 14th. The shares were sold at an average price of $105.42, for a total value of $820,800.12. Following the completion of the sale, the chief financial officer owned 63,164 shares in the company, valued at $6,658,748.88. The trade was a 10.97% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this link. Also, Director T Michael Glenn sold 6,558 shares of the stock in a transaction dated Monday, December 1st. The stock was sold at an average price of $104.33, for a total transaction of $684,196.14. Following the transaction, the director directly owned 31,192 shares in the company, valued at $3,254,261.36. This trade represents a 17.37% decrease in their position. The SEC filing for this sale provides additional information. 1.10% of the stock is currently owned by insiders.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently modified their holdings of PNR. Wexford Capital LP bought a new position in shares of Pentair during the 3rd quarter valued at about $26,000. Richardson Financial Services Inc. boosted its stake in 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 buying an additional 98 shares in the last quarter. First Horizon Advisors Inc. raised its stake 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 acquiring an additional 177 shares in the last quarter. North Star Investment Management Corp. raised its stake in shares of Pentair by 91.5% during the second quarter. North Star Investment Management Corp. now owns 404 shares of the industrial products company’s stock worth $41,000 after acquiring an additional 193 shares in the last quarter. Finally, Root Financial Partners LLC bought a new stake in shares of Pentair in the 3rd quarter worth approximately $41,000. 92.37% of the stock is owned by institutional investors.

About Pentair

Pentair plc (NYSE: PNR) is a global provider of water treatment and fluid management solutions. The company designs, manufactures and sells a broad range of products that move, treat, monitor and control the flow of water and other fluids across residential, commercial, industrial and municipal markets. Pentair’s offerings are focused on improving water quality, conserving resources and enabling efficient fluid handling in applications from household water systems and pools to large-scale industrial and municipal installations.

Product lines include pumps and pumping systems, water filtration and purification equipment, valves and controls, heat exchangers, pool and spa systems, and a range of aftermarket parts and services.