1,000 Shares in Pentair plc $PNR Acquired by Hoese & Co LLP

Hoese & Co LLP bought a new position in Pentair plc (NYSE:PNR) in the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor bought 1,000 shares of the industrial products company’s stock, valued at approximately $103,000.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in PNR. Amundi increased its holdings in shares of Pentair by 13.6% during the first quarter. Amundi now owns 4,974,612 shares of the industrial products company’s stock valued at $412,033,000 after acquiring an additional 594,989 shares in the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC lifted its holdings in Pentair by 19.1% in 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 in the last quarter. Invesco Ltd. increased its stake in Pentair by 16.5% in the 1st quarter. Invesco Ltd. now owns 3,829,985 shares of the industrial products company’s stock worth $335,047,000 after acquiring an additional 541,461 shares during the last quarter. Northern Trust Corp increased its position in shares of Pentair by 7.3% during the 1st quarter. Northern Trust Corp now owns 2,105,727 shares of the industrial products company’s stock valued at $184,209,000 after purchasing an additional 143,464 shares during the last quarter. Finally, Massachusetts Financial Services Co. MA grew its position in Pentair by 2.5% in the 1st quarter. Massachusetts Financial Services Co. MA now owns 2,050,774 shares of the industrial products company’s stock valued at $179,402,000 after acquiring an additional 50,718 shares during the last quarter. Hedge funds and other institutional investors own 92.37% of the company’s stock.

Wall Street Analysts Forecast Growth

PNR has been the subject of several research reports. Barclays upped their target price on Pentair from $117.00 to $125.00 and gave the stock an “overweight” rating in a report on Wednesday, October 1st. Stifel Nicolaus increased their price target on Pentair from $104.00 to $124.00 and gave the stock a “buy” rating in a research report on Monday, July 21st. Wall Street Zen upgraded Pentair from a “hold” rating to a “buy” rating in a research report on Saturday, July 26th. Oppenheimer lifted their price objective on Pentair from $118.00 to $120.00 and gave the company an “outperform” rating in a research note on Wednesday, July 23rd. Finally, Weiss Ratings reissued a “buy (b-)” rating on shares of Pentair in a research note on Wednesday, October 8th. Two equities research analysts have rated the stock with a Strong Buy rating, eleven have issued a Buy rating, three have issued a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $116.21.

Pentair Trading Up 0.1%

Shares of Pentair stock opened at $108.82 on Friday. The firm has a market cap of $17.84 billion, a PE ratio of 29.73, a P/E/G ratio of 2.06 and a beta of 1.10. Pentair plc has a fifty-two week low of $74.25 and a fifty-two week high of $113.95. 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 business’s fifty day moving average is $109.05 and its two-hundred day moving average is $100.81.

Pentair (NYSE:PNR) last released its quarterly earnings data on Tuesday, July 22nd. The industrial products company reported $1.39 EPS for the quarter, beating the consensus estimate of $1.33 by $0.06. The company had revenue of $1.12 billion for the quarter, compared to analyst estimates of $1.12 billion. Pentair had a return on equity of 21.62% and a net margin of 14.86%.The firm’s revenue was up 2.2% compared to the same quarter last year. During the same period last year, the company posted $1.22 earnings per share. Pentair has set its Q3 2025 guidance at 1.160-1.20 EPS. FY 2025 guidance at 4.750-4.85 EPS. Analysts anticipate that Pentair plc will post 4.77 earnings per share for the current year.

Pentair Announces Dividend

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 given a dividend of $0.25 per share. The ex-dividend date is Friday, October 24th. This represents a $1.00 annualized dividend and a dividend yield of 0.9%. Pentair’s payout ratio is currently 27.32%.

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.