 Focus Partners Advisor Solutions LLC acquired a new stake in  Pentair plc (NYSE:PNR – Free Report) in the second quarter, Holdings Channel.com reports. The fund acquired 3,337 shares of the industrial products company’s stock, valued at approximately $343,000.
Focus Partners Advisor Solutions LLC acquired a new stake in  Pentair plc (NYSE:PNR – Free Report) in the second quarter, Holdings Channel.com reports. The fund acquired 3,337 shares of the industrial products company’s stock, valued at approximately $343,000. 
Other institutional investors have also modified their holdings of the company. Sequoia Financial Advisors LLC grew its stake in shares of Pentair by 31.5% in the first quarter. Sequoia Financial Advisors LLC now owns 4,453 shares of the industrial products company’s stock valued at $390,000 after buying an additional 1,067 shares in the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC boosted its holdings in Pentair by 19.1% in the first 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 valued at $361,275,000 after purchasing an additional 661,154 shares during the period. Chicago Partners Investment Group LLC purchased a new position in Pentair in the second quarter valued at $336,000. Nordea Investment Management AB boosted its holdings in Pentair by 52.4% in the second quarter. Nordea Investment Management AB now owns 1,037,084 shares of the industrial products company’s stock valued at $106,146,000 after purchasing an additional 356,775 shares during the period. Finally, Thurston Springer Miller Herd & Titak Inc. boosted its holdings in Pentair by 24.7% in the second quarter. Thurston Springer Miller Herd & Titak Inc. now owns 14,690 shares of the industrial products company’s stock valued at $1,508,000 after purchasing an additional 2,913 shares during the period. 92.37% of the stock is owned by institutional investors and hedge funds.
Wall Street Analysts Forecast Growth
A number of research analysts recently issued reports on PNR shares. JPMorgan Chase & Co. lifted their target price on Pentair from $116.00 to $126.00 and gave the company an “overweight” rating in a report on Wednesday, October 15th. Stifel Nicolaus lifted their target price on Pentair from $104.00 to $124.00 and gave the company a “buy” rating in a report on Monday, July 21st. TD Cowen lowered Pentair from a “buy” rating to a “hold” rating and decreased their target price for the company from $115.00 to $110.00 in a report on Wednesday, July 23rd. Citigroup lifted their target price on Pentair from $126.00 to $133.00 and gave the company a “buy” rating in a report on Thursday, October 9th. Finally, Oppenheimer boosted their target price on shares of Pentair from $120.00 to $124.00 and gave the stock an “outperform” rating in a research note on Monday, October 20th. Two equities research analysts have rated the stock with a Strong Buy rating, eleven have assigned a Buy rating, three have issued a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $119.93.
Pentair Stock Down 0.5%
Shares of NYSE PNR opened at $107.11 on Friday. The company has a market capitalization of $17.53 billion, a price-to-earnings ratio of 27.18, a price-to-earnings-growth ratio of 2.00 and a beta of 1.10. The company has a debt-to-equity ratio of 0.42, a current ratio of 1.46 and a quick ratio of 0.82. The business has a 50-day moving average of $109.64 and a two-hundred day moving average of $102.70. Pentair plc has a 1 year low of $74.25 and a 1 year high of $113.95.
Pentair (NYSE:PNR – Get Free Report) last announced its earnings results on Tuesday, October 21st. The industrial products company reported $1.24 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.18 by $0.06. The firm had revenue of $1.02 billion during the quarter, compared to analysts’ expectations of $1 billion. Pentair had a return on equity of 21.83% and a net margin of 15.84%.The business’s revenue was up 2.9% on a year-over-year basis. During the same period in the prior year, the firm earned $1.09 EPS. Pentair has set its Q4 2025 guidance at 1.110-1.160 EPS. FY 2025 guidance at 4.850-4.900 EPS. On average, analysts forecast that Pentair plc will post 4.77 earnings per share for the current fiscal year.
Pentair Announces Dividend
The company also recently announced a quarterly dividend, which will be paid on Friday, November 7th. Investors of record on Friday, October 24th will be given a $0.25 dividend. The ex-dividend date of this dividend 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 25.38%.
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.
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