IQ EQ FUND MANAGEMENT IRELAND Ltd Purchases 2,187 Shares of Pentair plc $PNR

IQ EQ FUND MANAGEMENT IRELAND Ltd increased its stake in Pentair plc (NYSE:PNR) by 35.5% in the second quarter, Holdings Channel.com reports. The institutional investor owned 8,345 shares of the industrial products company’s stock after acquiring an additional 2,187 shares during the period. IQ EQ FUND MANAGEMENT IRELAND Ltd’s holdings in Pentair were worth $857,000 at the end of the most recent quarter.

A number of other institutional investors also recently bought and sold shares of PNR. Horizon Financial Services LLC bought a new position in Pentair in the first quarter worth about $38,000. North Capital Inc. bought a new position in Pentair in the first quarter worth about $38,000. Garde Capital Inc. bought a new position in Pentair in the second quarter worth about $41,000. North Star Investment Management Corp. raised its stake in Pentair by 91.5% in the second quarter. North Star Investment Management Corp. now owns 404 shares of the industrial products company’s stock worth $41,000 after buying an additional 193 shares in the last quarter. Finally, Brooklyn Investment Group raised its stake in Pentair by 14.8% in the first quarter. Brooklyn Investment Group now owns 847 shares of the industrial products company’s stock worth $74,000 after buying an additional 109 shares in the last quarter. 92.37% of the stock is owned by institutional investors.

Pentair Price Performance

Shares of NYSE PNR opened at $109.02 on Wednesday. Pentair plc has a fifty-two week low of $74.25 and a fifty-two week high of $113.95. The company has a 50 day simple moving average of $109.54 and a two-hundred day simple moving average of $102.49. The company has a market capitalization of $17.84 billion, a price-to-earnings ratio of 27.67, a P/E/G ratio of 2.03 and a beta of 1.10. The company has a debt-to-equity ratio of 0.42, a quick ratio of 0.82 and a current ratio of 1.46.

Pentair (NYSE:PNR) last posted its quarterly earnings results on Tuesday, October 21st. The industrial products company reported $1.24 EPS for the quarter, beating analysts’ consensus estimates of $1.18 by $0.06. Pentair had a net margin of 15.84% and a return on equity of 21.83%. The firm had revenue of $1.02 billion for the quarter, compared to analysts’ expectations of $1 billion. During the same quarter in the prior year, the company posted $1.09 earnings per share. The business’s revenue for the quarter was up 2.9% on a year-over-year basis. Pentair has set its Q4 2025 guidance at 1.110-1.160 EPS. FY 2025 guidance at 4.850-4.900 EPS. Analysts expect that Pentair plc will post 4.77 EPS for the current fiscal year.

Pentair Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Friday, November 7th. Stockholders of record on Friday, October 24th will be issued 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 is presently 25.38%.

Analyst Ratings Changes

A number of equities analysts recently issued reports on PNR shares. Bank of America downgraded shares of Pentair from a “neutral” rating to an “underperform” rating and decreased their price target for the stock from $106.00 to $100.00 in a research note on Tuesday, July 29th. Wall Street Zen raised shares of Pentair from a “hold” rating to a “buy” rating in a research note on Saturday, July 26th. JPMorgan Chase & Co. raised their target price on shares of Pentair from $116.00 to $126.00 and gave the company an “overweight” rating in a research note on Wednesday, October 15th. Stifel Nicolaus raised their target price on shares of Pentair from $104.00 to $124.00 and gave the company a “buy” rating in a research note on Monday, July 21st. Finally, Robert W. Baird set a $130.00 target price on shares of Pentair in a research note on Wednesday, October 22nd. Two research analysts have rated the stock with a Strong Buy rating, eleven have assigned a Buy rating, three have given a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat.com, Pentair presently has an average rating of “Moderate Buy” and an average price target of $119.93.

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.