Pentair plc (NYSE:PNR – Get Free Report) has been assigned a consensus recommendation of “Moderate Buy” from the twenty ratings firms that are presently covering the stock, Marketbeat reports. Four research analysts have rated the stock with a sell recommendation, three have given a hold recommendation, eleven have issued a buy recommendation and two have assigned a strong buy recommendation to the company. The average 1 year target price among analysts that have issued a report on the stock in the last year is $116.3125.
A number of equities research analysts have weighed in on PNR shares. Robert W. Baird set a $130.00 price target on shares of Pentair in a research report on Wednesday, October 22nd. JPMorgan Chase & Co. lifted their target price on shares of Pentair from $116.00 to $126.00 and gave the company an “overweight” rating in a report on Wednesday, October 15th. Royal Bank Of Canada boosted their target price on Pentair from $121.00 to $124.00 and gave the company an “outperform” rating in a research report on Wednesday, October 22nd. BNP Paribas lowered Pentair from a “hold” rating to a “strong sell” rating and set a $90.00 price target for the company. in a research report on Wednesday. Finally, Cowen cut Pentair from a “buy” rating to a “market perform” rating in a research note on Monday, January 5th.
Check Out Our Latest Research Report on Pentair
Pentair Price Performance
Pentair (NYSE:PNR – Get Free Report) last released its quarterly earnings results 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. The business had revenue of $1.02 billion during the quarter, compared to analysts’ expectations of $1 billion. Pentair had a return on equity of 21.83% and a net margin of 15.84%.The company’s revenue was up 2.9% compared to the same quarter last year. During the same period in the prior year, the business posted $1.09 EPS. 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, research analysts anticipate that Pentair will post 4.77 earnings per share for the current year.
Pentair Increases Dividend
The firm also recently declared a quarterly dividend, which will be paid on Friday, February 6th. Shareholders of record on Friday, January 23rd will be paid a dividend of $0.27 per share. This represents a $1.08 dividend on an annualized basis and a yield of 1.0%. This is a boost from Pentair’s previous quarterly dividend of $0.25. The ex-dividend date is Friday, January 23rd. Pentair’s payout ratio is currently 25.38%.
Insider Activity at Pentair
In related news, Director T Michael Glenn sold 6,558 shares of Pentair stock in a transaction that occurred on Monday, December 1st. The shares were sold at an average price of $104.33, for a total value of $684,196.14. Following the completion of the transaction, the director owned 31,192 shares in the company, valued at approximately $3,254,261.36. The trade was a 17.37% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, CFO Robert P. Fishman sold 7,786 shares of the company’s stock in a transaction that occurred on Friday, November 14th. The stock was sold at an average price of $105.42, for a total transaction of $820,800.12. Following the sale, the chief financial officer directly owned 63,164 shares in the company, valued at approximately $6,658,748.88. The trade was a 10.97% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Company insiders own 1.10% of the company’s stock.
Institutional Trading of Pentair
Several hedge funds have recently modified their holdings of PNR. Neuberger Berman Group LLC increased its position in shares of Pentair by 40.0% in the second quarter. Neuberger Berman Group LLC now owns 52,886 shares of the industrial products company’s stock worth $5,429,000 after acquiring an additional 15,105 shares in the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC boosted its position 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 worth $361,275,000 after purchasing an additional 661,154 shares during the period. United Super Pty Ltd in its capacity as Trustee for the Construction & Building Unions Superannuation Fund acquired a new stake in Pentair in the 2nd quarter valued at $380,000. Valley National Advisers Inc. lifted its stake in shares of Pentair by 46,124.4% during the third quarter. Valley National Advisers Inc. now owns 18,952 shares of the industrial products company’s stock worth $2,098,000 after purchasing an additional 18,911 shares in the last quarter. Finally, Vinva Investment Management Ltd boosted its position in shares of Pentair by 191.1% in the second quarter. Vinva Investment Management Ltd now owns 11,151 shares of the industrial products company’s stock worth $1,155,000 after buying an additional 7,321 shares during the period. 92.37% of the stock is currently owned by institutional investors and hedge funds.
Pentair Company 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.
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