American National Bank & Trust Sells 889 Shares of Pentair plc $PNR

American National Bank & Trust decreased its holdings in shares of Pentair plc (NYSE:PNR) by 9.5% during the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 8,427 shares of the industrial products company’s stock after selling 889 shares during the quarter. American National Bank & Trust’s holdings in Pentair were worth $865,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors have also recently made changes to their positions in the stock. Opal Wealth Advisors LLC purchased a new position in shares of Pentair in the first quarter valued at $28,000. NBC Securities Inc. bought a new position in Pentair in the 1st quarter worth about $33,000. Horizon Financial Services LLC purchased a new position in Pentair during the 1st quarter valued at about $38,000. North Capital Inc. purchased a new position in Pentair during the 1st quarter valued at about $38,000. Finally, Garde Capital Inc. bought a new stake in shares of Pentair during the second quarter valued at about $41,000. Hedge funds and other institutional investors own 92.37% of the company’s stock.

Pentair Stock Down 0.6%

PNR opened at $108.39 on Friday. The business’s fifty day simple moving average is $106.77 and its 200 day simple moving average is $98.32. Pentair plc has a 52 week low of $74.25 and a 52 week high of $112.91. The company has a quick ratio of 0.84, a current ratio of 1.45 and a debt-to-equity ratio of 0.38. The stock has a market cap of $17.77 billion, a PE ratio of 29.61, a P/E/G ratio of 2.09 and a beta of 1.08.

Pentair (NYSE:PNR) last posted its quarterly earnings data on Tuesday, July 22nd. The industrial products company reported $1.39 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.33 by $0.06. The firm had revenue of $1.12 billion during the quarter, compared to analysts’ expectations of $1.12 billion. Pentair had a return on equity of 21.62% and a net margin of 14.86%.The company’s revenue for the quarter was up 2.2% compared to the same quarter last year. During the same period in the prior 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. As a group, research analysts expect that Pentair plc will post 4.77 earnings per share for the current fiscal year.

Pentair Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, November 7th. Stockholders of record on Friday, October 24th will be issued a $0.25 dividend. This represents a $1.00 dividend on an annualized basis and a dividend yield of 0.9%. The ex-dividend date is Friday, October 24th. Pentair’s payout ratio is presently 27.32%.

Wall Street Analyst Weigh In

A number of equities analysts have recently commented on PNR shares. Wall Street Zen upgraded shares of Pentair from a “hold” rating to a “buy” rating in a research report on Saturday, July 26th. Robert W. Baird raised their price target on shares of Pentair from $107.00 to $121.00 and gave the company an “outperform” rating in a report on Wednesday, July 23rd. Oppenheimer boosted their price target on shares of Pentair from $118.00 to $120.00 and gave the company an “outperform” rating in a research report on Wednesday, July 23rd. TD Cowen downgraded Pentair from a “buy” rating to a “hold” rating and lowered their price objective for the stock from $115.00 to $110.00 in a research report on Wednesday, July 23rd. Finally, Stifel Nicolaus boosted 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 equities research analysts have rated the stock with a Strong Buy rating, ten have assigned a Buy rating, three have assigned a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat.com, Pentair has a consensus rating of “Moderate Buy” and an average price target of $114.36.

About Pentair

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.