Brokerages Set Pentair plc (NYSE:PNR) PT at $114.47

Pentair plc (NYSE:PNR) has been assigned an average recommendation of “Hold” from the sixteen brokerages that are presently covering the stock, MarketBeat Ratings reports. Three analysts have rated the stock with a sell rating, three have issued a hold rating and ten have issued a buy rating on the company. The average 1-year price objective among brokers that have issued ratings on the stock in the last year is $114.4667.

A number of research firms have recently issued reports on PNR. Jefferies Financial Group restated a “hold” rating on shares of Pentair in a report on Wednesday, February 4th. Wall Street Zen cut shares of Pentair from a “buy” rating to a “hold” rating in a research report on Saturday. Royal Bank Of Canada set a $117.00 target price on Pentair in a report on Wednesday, February 4th. Oppenheimer reaffirmed an “outperform” rating and issued a $122.00 target price (down from $128.00) on shares of Pentair in a research report on Wednesday, February 4th. Finally, JPMorgan Chase & Co. dropped their price target on Pentair from $132.00 to $124.00 and set an “overweight” rating on the stock in a research report on Friday, January 16th.

Pentair Stock Down 1.4%

Shares of Pentair stock opened at $99.02 on Friday. Pentair has a 12-month low of $74.25 and a 12-month high of $113.95. The firm has a market capitalization of $16.16 billion, a PE ratio of 25.01, a price-to-earnings-growth ratio of 1.76 and a beta of 1.23. The company has a quick ratio of 0.95, a current ratio of 1.61 and a debt-to-equity ratio of 0.42. The stock’s fifty day moving average is $103.11 and its 200-day moving average is $106.05.

Pentair (NYSE:PNR) last issued its quarterly earnings results on Tuesday, February 3rd. The industrial products company reported $1.18 earnings per share for the quarter, topping analysts’ consensus estimates of $1.17 by $0.01. The firm had revenue of $1.02 billion for the quarter, compared to analysts’ expectations of $1.01 billion. Pentair had a return on equity of 21.79% and a net margin of 15.66%.Pentair’s revenue was up 4.9% on a year-over-year basis. During the same quarter last year, the business posted $1.08 EPS. Pentair has set its FY 2026 guidance at 5.250-5.400 EPS and its Q1 2026 guidance at 1.150-1.180 EPS. Equities analysts anticipate that Pentair will post 4.77 earnings per share for the current year.

Pentair Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Friday, May 1st. Stockholders of record on Friday, April 17th will be issued a $0.27 dividend. The ex-dividend date is Friday, April 17th. This represents a $1.08 dividend on an annualized basis and a dividend yield of 1.1%. Pentair’s dividend payout ratio is currently 27.27%.

Insider Activity at Pentair

In other Pentair news, EVP Philip M. Rolchigo sold 6,493 shares of the stock in a transaction that occurred on Wednesday, February 25th. The shares were sold at an average price of $103.22, for a total value of $670,207.46. Following the completion of the sale, the executive vice president owned 29,096 shares in the company, valued at $3,003,289.12. This represents a 18.24% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, Director Michael T. Speetzen sold 7,000 shares of Pentair stock in a transaction on Wednesday, February 11th. The shares were sold at an average price of $99.99, for a total transaction of $699,930.00. Following the sale, the director directly owned 8,290 shares of the company’s stock, valued at $828,917.10. This trade represents a 45.78% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Company insiders own 1.45% of the company’s stock.

Institutional Trading of Pentair

Hedge funds and other institutional investors have recently modified their holdings of the company. State Street Corp grew its stake in Pentair by 5.9% in the second 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. Geode Capital Management LLC lifted its holdings in shares of Pentair by 3.2% during the 4th quarter. Geode Capital Management LLC now owns 4,428,737 shares of the industrial products company’s stock valued at $459,480,000 after buying an additional 137,980 shares during the last quarter. Nordea Investment Management AB grew its stake in shares of Pentair by 22.8% in 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 buying an additional 647,162 shares in the last quarter. Invesco Ltd. increased its holdings in Pentair by 3.1% in the fourth quarter. Invesco Ltd. now owns 3,414,386 shares of the industrial products company’s stock worth $355,574,000 after buying an additional 101,650 shares during the last quarter. Finally, Ameriprise Financial Inc. raised 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 acquiring an additional 1,670,944 shares in the last quarter. 92.37% of the stock is currently owned by hedge funds and other 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.