Pentair plc (NYSE:PNR – Get Free Report)’s stock price reached a new 52-week low during mid-day trading on Tuesday . The stock traded as low as $55.99 and last traded at $56.1460, with a volume of 2486426 shares. The stock had previously closed at $56.58.
Key Pentair News
Here are the key news stories impacting Pentair this week:
- Positive Sentiment: Wolfe Research upgraded Pentair to Outperform from Peer Perform, improving the near-term analyst backdrop and helping support the shares. The upgrade suggests Wolfe sees potential for better performance after the stock’s steep decline. Pentair Shares Rise After Wolfe Research Upgrade
- Neutral Sentiment: Multiple law firms reiterated the October 2, 2026 deadline for investors to seek lead-plaintiff status in a federal securities class action against Pentair. These announcements largely repeat previously reported litigation developments rather than introduce a new legal event, but they keep the issue in focus. Kaplan Fox Notifies Investors of Pentair Class Action Deadline
- Negative Sentiment: The securities-fraud class action was expanded to cover an earlier class period, increasing the number of potentially affected investors. The complaints allege Pentair failed to disclose Pool-channel destocking and misleadingly supported its outlook before a July 14 disclosure that reportedly erased $11.35 per share in market value. The allegations have not been proven, but the litigation creates legal, financial and reputational risks for Pentair. Pentair Securities Fraud Class Action Expanded
Analyst Upgrades and Downgrades
Several equities research analysts have recently weighed in on the company. Zacks Research lowered Pentair from a “hold” rating to a “strong sell” rating in a research report on Wednesday, August 12th. Wolfe Research raised Pentair from a “peer perform” rating to an “outperform” rating and set a $91.00 price target for the company in a report on Tuesday. The Goldman Sachs Group dropped their price target on shares of Pentair from $91.00 to $72.00 and set a “neutral” rating on the stock in a research note on Wednesday, July 15th. Seaport Research Partners cut shares of Pentair from a “buy” rating to a “neutral” rating in a report on Wednesday, July 15th. Finally, Robert W. Baird reduced their price objective on shares of Pentair from $83.00 to $80.00 and set an “outperform” rating for the company in a research report on Wednesday, July 29th. Nine research analysts have rated the stock with a Buy rating, five have issued a Hold rating and four have assigned a Sell rating to the company. According to MarketBeat, the company currently has an average rating of “Hold” and a consensus target price of $87.19.
Pentair Price Performance
The company has a debt-to-equity ratio of 0.43, a quick ratio of 0.76 and a current ratio of 1.45. The company has a market capitalization of $9.02 billion, a PE ratio of 14.19, a P/E/G ratio of 1.44 and a beta of 1.02. The company’s 50-day simple moving average is $64.13 and its 200-day simple moving average is $75.51.
Pentair (NYSE:PNR – Get Free Report) last announced its earnings results on Wednesday, July 29th. The industrial products company reported $1.14 EPS for the quarter, beating 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 business had revenue of $932.60 million during the quarter, compared to analysts’ expectations of $943.24 million. During the same period in the prior year, the company earned $1.39 earnings per share. The business’s revenue was down 17.0% compared to the same quarter last year. As a group, sell-side analysts anticipate that Pentair plc will post 4.64 earnings per share for the current year.
Institutional Inflows and Outflows
Several hedge funds and other institutional investors have recently modified their holdings of the stock. Corient Private Wealth LP acquired a new stake in shares of Pentair in the 2nd quarter worth $244,000. Alan B Lancz & Associates Inc. acquired a new position in shares of Pentair during the second quarter worth about $43,000. Wedmont Private Capital purchased a new position in Pentair during the second quarter worth about $56,000. HB Wealth Management LLC acquired a new stake in Pentair in the second quarter valued at about $91,000. Finally, Saudi Central Bank acquired a new stake in Pentair in the second quarter valued at about $141,000. 92.37% of the stock is currently owned by hedge funds and other institutional investors.
Pentair Company Profile
Pentair plc (NYSE:PNR) is a water-treatment and fluid-management company that develops products and solutions for residential, commercial, industrial and municipal applications. Its offerings are designed to help move, filter, treat and manage water, with an emphasis on water quality, efficiency and sustainability.
The company’s products include pool and spa pumps, filters, heaters, automation systems and related equipment; water softening and filtration systems; and pumps, valves, controls and other fluid-management products.
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