Pentair (NYSE:PNR) Lowered to Hold Rating by Wall Street Zen

Wall Street Zen cut shares of Pentair (NYSE:PNR) from a buy rating to a hold rating in a research note released on Saturday morning.

A number of other analysts also recently commented on PNR. Jefferies Financial Group raised shares of Pentair from a “hold” rating to a “buy” rating and boosted their price objective for the stock from $120.00 to $135.00 in a report on Wednesday, December 10th. BNP Paribas lowered Pentair from a “hold” rating to a “strong sell” rating and set a $90.00 price target on the stock. in a research note on Wednesday. Oppenheimer upped their price target on Pentair from $124.00 to $128.00 and gave the stock an “outperform” rating in a report on Thursday, November 20th. Barclays downgraded Pentair from an “overweight” rating to an “equal weight” rating and dropped their price objective for the company from $127.00 to $115.00 in a research note on Thursday, December 4th. Finally, BNP Paribas Exane reiterated an “underperform” rating and set a $90.00 target price on shares of Pentair in a research report on Wednesday. Two research analysts have rated the stock with a Strong Buy rating, eleven have issued a Buy rating, three have assigned a Hold rating and four have given a Sell rating to the company’s stock. According to MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average price target of $116.31.

Pentair Trading Up 0.1%

Shares of PNR stock opened at $103.12 on Friday. The business’s fifty day moving average price is $104.97 and its 200 day moving average price is $106.49. The firm has a market capitalization of $16.88 billion, a PE ratio of 26.17, a P/E/G ratio of 1.81 and a beta of 1.22. The company has a debt-to-equity ratio of 0.42, a current ratio of 1.46 and a quick ratio of 0.82. Pentair has a 1-year low of $74.25 and a 1-year high of $113.95.

Pentair (NYSE:PNR) last released its 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 return on equity of 21.83% and a net margin of 15.84%.The company had revenue of $1.02 billion during the quarter, compared to the consensus estimate of $1 billion. During the same quarter last year, the company earned $1.09 earnings per share. Pentair’s quarterly revenue was up 2.9% compared to the same quarter last year. Pentair has set its Q4 2025 guidance at 1.110-1.160 EPS and its FY 2025 guidance at 4.850-4.900 EPS. As a group, sell-side analysts forecast that Pentair will post 4.77 EPS for the current fiscal year.

Pentair Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Friday, February 6th. Shareholders of record on Friday, January 23rd will be given a dividend of $0.27 per share. The ex-dividend date of this dividend is Friday, January 23rd. This is a positive change from Pentair’s previous quarterly dividend of $0.25. This represents a $1.08 annualized dividend and a yield of 1.0%. Pentair’s dividend payout ratio (DPR) is 25.38%.

Insiders Place Their Bets

In related news, Director T Michael Glenn sold 6,558 shares of Pentair stock in a transaction dated Monday, December 1st. The stock was sold at an average price of $104.33, for a total transaction of $684,196.14. Following the completion of the sale, the director owned 31,192 shares in the company, valued at approximately $3,254,261.36. This trade represents a 17.37% decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, CFO Robert P. Fishman sold 7,786 shares of the business’s stock in a transaction dated Friday, November 14th. The shares were sold at an average price of $105.42, for a total transaction 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 $6,658,748.88. The trade was a 10.97% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders own 1.10% of the company’s stock.

Institutional Investors Weigh In On Pentair

Several hedge funds have recently modified their holdings of PNR. Neuberger Berman Group LLC lifted its position in Pentair by 40.0% during the second quarter. Neuberger Berman Group LLC now owns 52,886 shares of the industrial products company’s stock worth $5,429,000 after buying an additional 15,105 shares during the period. United Super Pty Ltd in its capacity as Trustee for the Construction & Building Unions Superannuation Fund acquired a new position in shares of Pentair during the 2nd quarter valued at about $380,000. Valley National Advisers Inc. lifted its holdings in shares of Pentair by 46,124.4% during the 3rd quarter. Valley National Advisers Inc. now owns 18,952 shares of the industrial products company’s stock worth $2,098,000 after acquiring an additional 18,911 shares during the period. Vinva Investment Management Ltd increased its position in Pentair by 191.1% during the second quarter. Vinva Investment Management Ltd now owns 11,151 shares of the industrial products company’s stock worth $1,155,000 after purchasing an additional 7,321 shares during the last quarter. Finally, Chicago Partners Investment Group LLC purchased a new position in Pentair during the second quarter worth approximately $336,000. 92.37% of the stock is owned by institutional investors and hedge funds.

About Pentair

Pentair plc (NYSE: PNR) is a global provider of water treatment and fluid management solutions. The company designs, manufactures and sells a broad range of products that move, treat, monitor and control the flow of water and other fluids across residential, commercial, industrial and municipal markets. Pentair’s offerings are focused on improving water quality, conserving resources and enabling efficient fluid handling in applications from household water systems and pools to large-scale industrial and municipal installations.

Product lines include pumps and pumping systems, water filtration and purification equipment, valves and controls, heat exchangers, pool and spa systems, and a range of aftermarket parts and services.