Avior Wealth Management LLC Sells 591 Shares of Pentair plc $PNR

Avior Wealth Management LLC lessened its stake in shares of Pentair plc (NYSE:PNR) by 7.0% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 7,850 shares of the industrial products company’s stock after selling 591 shares during the quarter. Avior Wealth Management LLC’s holdings in Pentair were worth $806,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also bought and sold shares of the stock. Sumitomo Mitsui DS Asset Management Company Ltd boosted its position in Pentair by 0.5% during the 2nd quarter. Sumitomo Mitsui DS Asset Management Company Ltd now owns 19,965 shares of the industrial products company’s stock valued at $2,050,000 after acquiring an additional 108 shares in the last quarter. Horizon Investments LLC boosted its position in Pentair by 4.8% during the 1st quarter. Horizon Investments LLC now owns 2,372 shares of the industrial products company’s stock valued at $207,000 after acquiring an additional 109 shares in the last quarter. Brooklyn Investment Group boosted its position in Pentair by 14.8% during the 1st quarter. Brooklyn Investment Group now owns 847 shares of the industrial products company’s stock valued at $74,000 after acquiring an additional 109 shares in the last quarter. Strategic Blueprint LLC boosted its position in Pentair by 2.3% during the 1st quarter. Strategic Blueprint LLC now owns 5,521 shares of the industrial products company’s stock valued at $483,000 after acquiring an additional 123 shares in the last quarter. Finally, Signaturefd LLC boosted its position in shares of Pentair by 11.5% in the 2nd quarter. Signaturefd LLC now owns 1,245 shares of the industrial products company’s stock worth $128,000 after purchasing an additional 128 shares in the last quarter. Institutional investors own 92.37% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of analysts have recently weighed in on PNR shares. JPMorgan Chase & Co. raised their price objective on Pentair from $113.00 to $116.00 and gave the stock an “overweight” rating in a research report on Wednesday, July 23rd. Stifel Nicolaus raised their price objective on Pentair from $104.00 to $124.00 and gave the stock a “buy” rating in a research report on Monday, July 21st. Robert W. Baird raised their price objective on Pentair from $107.00 to $121.00 and gave the stock an “outperform” rating in a research report on Wednesday, July 23rd. Bank of America cut Pentair from a “neutral” rating to an “underperform” rating and lowered their price objective for the stock from $106.00 to $100.00 in a research report on Tuesday, July 29th. Finally, TD Cowen cut 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. Two research analysts have rated the stock with a Strong Buy rating, ten have assigned a Buy rating, three have given a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat, Pentair currently has a consensus rating of “Moderate Buy” and a consensus target price of $114.36.

Pentair Stock Performance

Shares of PNR opened at $109.54 on Tuesday. The stock has a 50-day moving average of $106.94 and a two-hundred day moving average of $98.84. Pentair plc has a one year low of $74.25 and a one year high of $112.91. The company has a debt-to-equity ratio of 0.38, a quick ratio of 0.84 and a current ratio of 1.45. The stock has a market cap of $17.96 billion, a P/E ratio of 29.93, a P/E/G ratio of 2.10 and a beta of 1.08.

Pentair (NYSE:PNR) last issued its quarterly earnings results on Tuesday, July 22nd. The industrial products company reported $1.39 EPS for the quarter, topping analysts’ consensus estimates of $1.33 by $0.06. Pentair had a return on equity of 21.62% and a net margin of 14.86%.The company had revenue of $1.12 billion during the quarter, compared to analysts’ expectations of $1.12 billion. During the same quarter in the previous year, the firm posted $1.22 EPS. The firm’s revenue was up 2.2% compared to the same quarter last year. 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 predict that Pentair plc will post 4.77 EPS for the current year.

Pentair Announces Dividend

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

Pentair Company Profile

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.