Pentair (NYSE:PNR) Cut to Hold at Wall Street Zen

Wall Street Zen downgraded shares of Pentair (NYSE:PNR) from a buy rating to a hold rating in a research note published on Saturday.

Other research analysts have also issued reports about the stock. Royal Bank Of Canada upped their target price on shares of Pentair from $121.00 to $124.00 and gave the stock an “outperform” rating in a research report on Wednesday, October 22nd. Oppenheimer lifted their price target on Pentair from $124.00 to $128.00 and gave the stock an “outperform” rating in a research note on Thursday, November 20th. Citigroup increased their price objective on Pentair from $126.00 to $133.00 and gave the company a “buy” rating in a research report on Thursday, October 9th. BNP Paribas downgraded Pentair from a “hold” rating to a “strong sell” rating and set a $90.00 target price for the company. in a research report on Wednesday, January 7th. Finally, BNP Paribas Exane reiterated an “underperform” rating and set a $90.00 price target on shares of Pentair in a research report on Wednesday, January 7th. Two research analysts have rated the stock with a Strong Buy rating, eleven have given a Buy rating, three have assigned a Hold rating and four have given a Sell rating to the company’s stock. According to MarketBeat, Pentair has an average rating of “Moderate Buy” and a consensus target price of $115.88.

Pentair Price Performance

Shares of NYSE PNR opened at $103.14 on Friday. The stock’s 50-day simple moving average is $104.89 and its two-hundred day simple moving average is $106.53. Pentair has a twelve month low of $74.25 and a twelve month high of $113.95. The firm has a market capitalization of $16.88 billion, a P/E ratio of 26.18, a P/E/G ratio of 1.81 and a beta of 1.22. The company has a quick ratio of 0.82, a current ratio of 1.46 and a debt-to-equity ratio of 0.42.

Pentair (NYSE:PNR) last issued its quarterly earnings data on Tuesday, October 21st. The industrial products company reported $1.24 EPS for the quarter, topping the consensus estimate of $1.18 by $0.06. The company had revenue of $1.02 billion during the quarter, compared to analyst estimates of $1 billion. Pentair had a return on equity of 21.83% and a net margin of 15.84%.Pentair’s revenue was up 2.9% on a year-over-year basis. During the same quarter in the previous year, the firm earned $1.09 earnings per share. 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, equities analysts anticipate that Pentair will post 4.77 EPS for the current fiscal year.

Pentair Increases Dividend

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

Insider Activity

In other news, Director T Michael Glenn sold 6,558 shares of the company’s stock in a transaction dated Monday, December 1st. The shares were sold at an average price of $104.33, for a total transaction of $684,196.14. Following the completion of the transaction, the director directly owned 31,192 shares of the company’s stock, valued at approximately $3,254,261.36. This represents a 17.37% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, 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 sale, the chief financial officer owned 63,164 shares of the company’s stock, valued at approximately $6,658,748.88. This represents a 10.97% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Corporate insiders own 1.45% of the company’s stock.

Hedge Funds Weigh In On Pentair

Several hedge funds have recently made changes to their positions in PNR. Czech National Bank increased its position in Pentair by 3.6% during the 4th quarter. Czech National Bank now owns 43,150 shares of the industrial products company’s stock valued at $4,494,000 after buying an additional 1,514 shares in the last quarter. Avanza Fonder AB grew its holdings in shares of Pentair by 142.1% during the fourth quarter. Avanza Fonder AB now owns 38,940 shares of the industrial products company’s stock valued at $4,055,000 after buying an additional 22,858 shares during the last quarter. SG Americas Securities LLC increased its position in shares of Pentair by 624.2% during the fourth quarter. SG Americas Securities LLC now owns 362,648 shares of the industrial products company’s stock valued at $37,766,000 after acquiring an additional 312,574 shares in the last quarter. Assenagon Asset Management S.A. lifted its holdings in shares of Pentair by 1,690.9% during the fourth quarter. Assenagon Asset Management S.A. now owns 729,663 shares of the industrial products company’s stock valued at $75,987,000 after purchasing an additional 688,921 shares in the last quarter. Finally, Nordea Investment Management AB boosted its holdings in shares of Pentair by 22.8% during the 4th quarter. Nordea Investment Management AB now owns 3,484,915 shares of the industrial products company’s stock valued at $366,787,000 after acquiring an additional 647,162 shares during the last quarter. 92.37% of the stock is owned by hedge funds and other institutional investors.

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.