Pentair plc $PNR Shares Sold by US Bancorp DE

US Bancorp DE lessened its holdings in shares of Pentair plc (NYSE:PNR) by 0.2% in the second quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 137,128 shares of the industrial products company’s stock after selling 271 shares during the quarter. US Bancorp DE’s holdings in Pentair were worth $14,078,000 at the end of the most recent quarter.

A number of other hedge funds have also recently bought and sold shares of PNR. Valeo Financial Advisors LLC acquired a new stake in Pentair during the 2nd quarter valued at approximately $102,945,000. Ameriprise Financial Inc. grew its stake in Pentair by 373.8% during the 1st quarter. Ameriprise Financial Inc. now owns 1,137,682 shares of the industrial products company’s stock valued at $99,523,000 after purchasing an additional 897,585 shares in the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC grew its stake in Pentair by 19.1% during the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 4,129,805 shares of the industrial products company’s stock valued at $361,275,000 after purchasing an additional 661,154 shares in the last quarter. Pacer Advisors Inc. grew its stake in Pentair by 4,231.6% during the 1st quarter. Pacer Advisors Inc. now owns 622,185 shares of the industrial products company’s stock valued at $54,429,000 after purchasing an additional 607,821 shares in the last quarter. Finally, Amundi grew its stake in Pentair by 13.6% during the 1st quarter. Amundi now owns 4,974,612 shares of the industrial products company’s stock valued at $412,033,000 after purchasing an additional 594,989 shares in the last quarter. Institutional investors and hedge funds own 92.37% of the company’s stock.

Pentair Trading Down 2.5%

Shares of NYSE PNR opened at $107.08 on Friday. The company has a market cap of $17.55 billion, a price-to-earnings ratio of 29.26, a price-to-earnings-growth ratio of 2.05 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 company has a current ratio of 1.45, a quick ratio of 0.84 and a debt-to-equity ratio of 0.38. The stock’s 50 day simple moving average is $108.39 and its 200 day simple moving average is $100.15.

Pentair (NYSE:PNR) last announced its earnings results on Tuesday, July 22nd. The industrial products company reported $1.39 earnings per share for the quarter, beating the consensus estimate of $1.33 by $0.06. The firm had revenue of $1.12 billion for the quarter, compared to the consensus estimate of $1.12 billion. Pentair had a return on equity of 21.62% and a net margin of 14.86%.The firm’s revenue for the quarter was up 2.2% on a year-over-year basis. During the same quarter in the previous year, the business earned $1.22 EPS. Pentair has set its Q3 2025 guidance at 1.160-1.20 EPS. FY 2025 guidance at 4.750-4.85 EPS. Equities research analysts expect that Pentair plc will post 4.77 EPS for the current year.

Pentair Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Friday, November 7th. Investors of record on Friday, October 24th will be paid a dividend of $0.25 per share. The ex-dividend date of this dividend is Friday, October 24th. This represents a $1.00 annualized dividend and a yield of 0.9%. Pentair’s dividend payout ratio (DPR) is currently 27.32%.

Analyst Upgrades and Downgrades

A number of brokerages have weighed in on PNR. Mizuho raised their price objective on Pentair from $118.00 to $122.00 and gave the company an “outperform” rating in a research note on Wednesday, July 23rd. Wall Street Zen upgraded Pentair from a “hold” rating to a “buy” rating in a research report on Saturday, July 26th. Barclays lifted their target price on Pentair from $117.00 to $125.00 and gave the stock an “overweight” rating in a research report on Wednesday, October 1st. TD Cowen lowered Pentair from a “buy” rating to a “hold” rating and decreased their target price for the stock from $115.00 to $110.00 in a research report on Wednesday, July 23rd. Finally, Stifel Nicolaus lifted their target price on Pentair from $104.00 to $124.00 and gave the stock a “buy” rating in a research report on Monday, July 21st. Two analysts have rated the stock with a Strong Buy rating, eleven have given a Buy rating, three have assigned a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $115.50.

Pentair Company Profile

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.