Saudi Central Bank Buys New Position in Pentair plc $PNR

Saudi Central Bank bought a new position in shares of Pentair plc (NYSE:PNR) during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund bought 11,311 shares of the industrial products company’s stock, valued at approximately $141,000.

Several other hedge funds and other institutional investors have also recently bought and sold shares of PNR. Azimuth Capital Investment Management LLC acquired a new stake in Pentair in the 2nd quarter valued at about $48,000. AlphaGrep UK Ltd acquired a new position in shares of Pentair in the 2nd quarter worth approximately $44,000. Plan A Wealth LLC bought a new stake in shares of Pentair in the 2nd quarter worth approximately $38,000. Raiffeisen Bank International AG bought a new stake in shares of Pentair in the 2nd quarter worth approximately $438,000. Finally, Concurrent Investment Advisors LLC acquired a new stake in Pentair during the second quarter valued at approximately $63,000. 92.37% of the stock is currently owned by institutional investors.

Pentair Stock Down 1.8%

PNR stock opened at $57.57 on Thursday. The company has a debt-to-equity ratio of 0.43, a current ratio of 1.45 and a quick ratio of 0.76. The firm has a market capitalization of $9.19 billion, a P/E ratio of 14.46, a P/E/G ratio of 1.49 and a beta of 1.02. Pentair plc has a 52-week low of $57.36 and a 52-week high of $113.95. The company’s 50 day simple moving average is $66.03 and its 200-day simple moving average is $77.10.

Pentair (NYSE:PNR) last posted its quarterly earnings data on Wednesday, July 29th. The industrial products company reported $1.14 EPS for the quarter, topping analysts’ consensus estimates of $1.12 by $0.02. Pentair had a net margin of 16.24% and a return on equity of 20.62%. The firm had revenue of $932.60 million during the quarter, compared to analyst estimates of $943.24 million. During the same quarter last year, the business posted $1.39 EPS. The company’s revenue was down 17.0% on a year-over-year basis. As a group, equities research analysts anticipate that Pentair plc will post 4.64 EPS for the current year.

Wall Street Analyst Weigh In

A number of analysts recently weighed in on the stock. The Goldman Sachs Group reduced their target price on shares of Pentair from $91.00 to $72.00 and set a “neutral” rating for the company in a report on Wednesday, July 15th. BNP Paribas Exane reiterated an “underperform” rating and set a $64.00 price objective (down from $75.00) on shares of Pentair in a research report on Thursday, July 16th. Weiss Ratings lowered Pentair from a “hold (c)” rating to a “hold (c-)” rating in a research note on Monday, August 3rd. Seaport Research Partners lowered Pentair from a “buy” rating to a “neutral” rating in a research note on Wednesday, July 15th. Finally, Wolfe Research cut Pentair from an “outperform” rating to a “peer perform” rating in a report on Thursday, July 9th. Eight research analysts have rated the stock with a Buy rating, six have given a Hold rating and four have given a Sell rating to the company. Based on data from MarketBeat.com, Pentair has a consensus rating of “Hold” and a consensus target price of $89.94.

Trending Headlines about Pentair

Here are the key news stories impacting Pentair this week:

• Negative Sentiment: The lawsuits allege that Pentair failed to disclose significant inventory destocking in its Pool sales channel, which allegedly hurt sales and operating income. The allegations have not been proven in court. Holzer & Holzer Pentair investor alert
• Negative Sentiment: Investor notices say Pentair cut its 2026 outlook from expected sales growth of 2% to 4% and adjusted EPS of $5.30 to $5.40 to projected sales declines of 4% to 7% and adjusted EPS of $4.60 to $4.80 after the destocking issue surfaced. Pentair shareholder outlook alert
• Negative Sentiment: Multiple law firms, including Robbins Geller, Kaplan Fox, Hagens Berman and Levi & Korsinsky, are soliciting investors to seek lead-plaintiff status. The expanded claims cover periods beginning as early as March 11, 2025, while several notices identify an October 2, 2026 deadline. The litigation creates potential legal costs, reputational damage and uncertainty over management accountability. Robbins Geller Pentair class action deadline
• Negative Sentiment: The reported operational deterioration already contributed to a sharp one-session selloff, and PNR is trading well below its 50-day and 200-day moving averages, signaling continued investor concern about demand visibility and the credibility of prior disclosures. Pentair shares plunge after Pool channel destocking

Pentair Profile

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.