Brokerages Set Pentair plc (NYSE:PNR) PT at $119.93

Pentair plc (NYSE:PNR) has been assigned an average rating of “Moderate Buy” from the seventeen brokerages that are covering the stock, MarketBeat.com reports. One investment analyst has rated the stock with a sell recommendation, three have given a hold recommendation, eleven have assigned a buy recommendation and two have issued a strong buy recommendation on the company. The average 12 month target price among analysts that have covered the stock in the last year is $120.2143.

A number of equities research analysts have issued reports on the stock. UBS Group increased their price objective on shares of Pentair from $120.00 to $124.00 and gave the company a “buy” rating in a report on Wednesday, October 22nd. 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. boosted their price target on shares of Pentair from $116.00 to $126.00 and gave the stock an “overweight” rating in a research note on Wednesday, October 15th. Royal Bank Of Canada raised their price objective on Pentair from $121.00 to $124.00 and gave the company an “outperform” rating in a research report on Wednesday, October 22nd. Finally, Robert W. Baird set a $130.00 target price on Pentair in a report on Wednesday, October 22nd.

Insider Buying and Selling at Pentair

In related news, CFO Robert P. Fishman sold 7,786 shares of the firm’s stock in a transaction on Friday, November 14th. The shares were sold at an average price of $105.42, for a total value of $820,800.12. Following the completion of the transaction, the chief financial officer directly owned 63,164 shares of the company’s stock, valued at approximately $6,658,748.88. This trade represents a 10.97% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Company insiders own 1.10% of the company’s stock.

Institutional Investors Weigh In On Pentair

A number of hedge funds have recently bought and sold shares of PNR. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC raised 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 worth $361,275,000 after purchasing an additional 661,154 shares in the last quarter. Chicago Partners Investment Group LLC purchased a new position in shares of Pentair in the 2nd quarter worth approximately $336,000. Nordea Investment Management AB raised its stake in shares of Pentair by 52.4% during the 2nd quarter. Nordea Investment Management AB now owns 1,037,084 shares of the industrial products company’s stock worth $106,146,000 after acquiring an additional 356,775 shares in the last quarter. LBP AM SA lifted its position in Pentair by 10.7% during the second quarter. LBP AM SA now owns 79,301 shares of the industrial products company’s stock valued at $8,141,000 after acquiring an additional 7,647 shares during the last quarter. Finally, Resona Asset Management Co. Ltd. acquired a new stake in Pentair in the second quarter valued at approximately $5,057,000. Hedge funds and other institutional investors own 92.37% of the company’s stock.

Pentair Trading Up 3.4%

Shares of PNR stock opened at $104.89 on Wednesday. The company has a debt-to-equity ratio of 0.42, a quick ratio of 0.82 and a current ratio of 1.46. The stock has a fifty day simple moving average of $108.55 and a two-hundred day simple moving average of $104.81. The firm has a market capitalization of $17.16 billion, a PE ratio of 26.62, a PEG ratio of 2.00 and a beta of 1.14. Pentair has a 52-week low of $74.25 and a 52-week high of $113.95.

Pentair (NYSE:PNR) last released its quarterly earnings data on Tuesday, October 21st. The industrial products company reported $1.24 earnings per share for the quarter, topping analysts’ consensus estimates of $1.18 by $0.06. The firm had revenue of $1.02 billion during the quarter, compared to analyst estimates of $1 billion. Pentair had a return on equity of 21.83% and a net margin of 15.84%.The business’s quarterly revenue was up 2.9% compared to the same quarter last year. During the same quarter in the prior year, the company posted $1.09 earnings per share. 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 predict that Pentair will post 4.77 EPS for the current fiscal year.

Pentair Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, November 7th. Stockholders of record on Friday, October 24th were issued a dividend of $0.25 per share. This represents a $1.00 annualized dividend and a dividend yield of 1.0%. The ex-dividend date of this dividend was Friday, October 24th. 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.