Pentair’s (PNR) “Underperform” Rating Reiterated at BNP Paribas Exane

BNP Paribas Exane restated their underperform rating on shares of Pentair (NYSE:PNR) in a report released on Wednesday, MarketBeat reports. BNP Paribas Exane currently has a $90.00 price target on the industrial products company’s stock.

PNR has been the topic of several other reports. Jefferies Financial Group upgraded Pentair from a “hold” rating to a “buy” rating and upped their price target for the company from $120.00 to $135.00 in a research report on Wednesday, December 10th. Barclays lowered shares of Pentair from an “overweight” rating to an “equal weight” rating and decreased their target price for the stock from $127.00 to $115.00 in a report on Thursday, December 4th. TD Cowen reissued a “sell” rating and issued a $90.00 price target (down from $110.00) on shares of Pentair in a report on Monday, January 5th. Citigroup boosted their price target on shares of Pentair from $126.00 to $133.00 and gave the company a “buy” rating in a research report on Thursday, October 9th. Finally, Oppenheimer increased their price objective on Pentair from $124.00 to $128.00 and gave the stock an “outperform” rating in a research report on Thursday, November 20th. Two equities research 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 assigned a Sell rating to the company. According to MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus target price of $116.31.

Pentair Trading Up 0.1%

Shares of PNR stock opened at $103.12 on Wednesday. The stock has a market capitalization of $16.88 billion, a price-to-earnings ratio of 26.17, a PEG ratio of 1.81 and a beta of 1.22. The company’s fifty day simple moving average is $104.97 and its two-hundred day simple moving average is $106.46. Pentair has a 1 year low of $74.25 and a 1 year high of $113.95. The company has a debt-to-equity ratio of 0.42, a current ratio of 1.46 and a quick ratio of 0.82.

Pentair (NYSE:PNR) last posted its quarterly earnings results on Tuesday, October 21st. The industrial products company reported $1.24 EPS for the quarter, topping analysts’ consensus estimates of $1.18 by $0.06. Pentair had a return on equity of 21.83% and a net margin of 15.84%.The firm had revenue of $1.02 billion during the quarter, compared to analyst estimates of $1 billion. During the same period last year, the company earned $1.09 earnings per share. The business’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. As a group, analysts anticipate that Pentair will post 4.77 earnings per share for the current year.

Pentair Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Friday, February 6th. Investors of record on Friday, January 23rd will be paid a $0.27 dividend. This is a boost from Pentair’s previous quarterly dividend of $0.25. This represents a $1.08 dividend on an annualized basis and a yield of 1.0%. The ex-dividend date of this dividend is Friday, January 23rd. Pentair’s payout ratio is currently 25.38%.

Insider Transactions at Pentair

In other news, CFO Robert P. Fishman sold 7,786 shares of the 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 transaction, the chief financial officer directly owned 63,164 shares in the company, valued at approximately $6,658,748.88. This represents a 10.97% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, Director T Michael Glenn sold 6,558 shares of the business’s stock in a transaction that occurred on Monday, December 1st. The stock was sold at an average price of $104.33, for a total value of $684,196.14. Following the completion of the sale, the director owned 31,192 shares of the company’s stock, valued at $3,254,261.36. The trade was a 17.37% decrease in their position. The SEC filing for this sale provides additional information. Company insiders own 1.10% of the company’s stock.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently bought and sold shares of the business. State Street Corp boosted its stake in shares of Pentair by 5.9% in the 2nd quarter. State Street Corp now owns 8,970,940 shares of the industrial products company’s stock valued at $920,957,000 after purchasing an additional 501,506 shares in the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC lifted its stake in Pentair by 19.1% in the first 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 worth $361,275,000 after purchasing an additional 661,154 shares during the last quarter. Nordea Investment Management AB lifted its stake in Pentair by 22.8% in the fourth quarter. Nordea Investment Management AB now owns 3,484,915 shares of the industrial products company’s stock worth $366,787,000 after purchasing an additional 647,162 shares during the last quarter. Ameriprise Financial Inc. boosted its position in Pentair by 106.7% during the third quarter. Ameriprise Financial Inc. now owns 3,236,826 shares of the industrial products company’s stock valued at $358,521,000 after buying an additional 1,670,944 shares during the period. Finally, Massachusetts Financial Services Co. MA grew its stake in shares of Pentair by 6.9% during the third quarter. Massachusetts Financial Services Co. MA now owns 2,333,689 shares of the industrial products company’s stock valued at $258,479,000 after buying an additional 149,858 shares during the last quarter. 92.37% of the stock is currently 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.