Citigroup Lowers Pentair (NYSE:PNR) Price Target to $120.00

Pentair (NYSE:PNRGet Free Report) had its price objective reduced by equities researchers at Citigroup from $126.00 to $120.00 in a note issued to investors on Wednesday,Benzinga reports. The firm presently has a “buy” rating on the industrial products company’s stock. Citigroup’s price objective would suggest a potential upside of 23.60% from the stock’s previous close.

Other equities research analysts also recently issued reports about the stock. Wolfe Research reaffirmed an “outperform” rating and issued a $135.00 price objective on shares of Pentair in a research report on Tuesday, December 9th. JPMorgan Chase & Co. cut their price objective on shares of Pentair from $132.00 to $124.00 and set an “overweight” rating on the stock in a report on Friday, January 16th. Oppenheimer reaffirmed an “outperform” rating and issued a $122.00 target price (down previously from $128.00) on shares of Pentair in a research report on Wednesday. Jefferies Financial Group upgraded Pentair from a “hold” rating to a “buy” rating and lifted their target price for the company from $120.00 to $135.00 in a research report on Wednesday, December 10th. Finally, BNP Paribas Exane lowered shares of Pentair from a “hold” rating to a “strong sell” rating and set a $90.00 price objective for the company. in a report on Wednesday, January 7th. One analyst has rated the stock with a Strong Buy rating, eleven have issued a Buy rating, two have assigned a Hold rating and three have assigned a Sell rating to the stock. According to MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average target price of $115.33.

Check Out Our Latest Analysis on Pentair

Pentair Stock Up 2.4%

Pentair stock traded up $2.30 during mid-day trading on Wednesday, reaching $97.09. The stock had a trading volume of 1,440,809 shares, compared to its average volume of 2,043,493. The firm has a market capitalization of $15.89 billion, a PE ratio of 24.59, a price-to-earnings-growth ratio of 1.85 and a beta of 1.22. Pentair has a fifty-two week low of $74.25 and a fifty-two week high of $113.95. The stock’s 50-day simple moving average is $104.89 and its 200-day simple moving average is $106.51. 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:PNRGet Free Report) last posted its quarterly earnings results on Tuesday, February 3rd. The industrial products company reported $1.18 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.17 by $0.01. The business had revenue of $1.02 billion during the quarter, compared to the consensus estimate of $1.01 billion. Pentair had a net margin of 15.84% and a return on equity of 21.83%. Pentair’s revenue was up 4.9% compared to the same quarter last year. During the same quarter last year, the firm posted $1.08 EPS. Pentair has set its FY 2026 guidance at 5.250-5.400 EPS and its Q1 2026 guidance at 1.150-1.180 EPS. On average, sell-side analysts forecast that Pentair will post 4.77 EPS for the current fiscal year.

Insider Buying and Selling

In other Pentair news, Director T Michael Glenn sold 6,558 shares of the stock in a transaction on Monday, December 1st. The shares were sold at an average price of $104.33, for a total transaction of $684,196.14. Following the transaction, the director directly owned 31,192 shares of the company’s stock, valued at $3,254,261.36. This represents a 17.37% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. Also, CFO Robert P. Fishman sold 7,786 shares of the firm’s stock in a transaction on Friday, November 14th. The stock was sold at an average price of $105.42, for a total transaction of $820,800.12. Following the completion of the sale, the chief financial officer owned 63,164 shares in the company, valued at approximately $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 1.45% of the company’s stock.

Institutional Investors Weigh In On Pentair

Hedge funds have recently made changes to their positions in the stock. Sivia Capital Partners LLC bought a new stake in Pentair in the 2nd quarter worth about $222,000. Mirae Asset Global Investments Co. Ltd. raised its stake in shares of Pentair by 8.9% during the 2nd quarter. Mirae Asset Global Investments Co. Ltd. now owns 32,114 shares of the industrial products company’s stock valued at $3,297,000 after purchasing an additional 2,614 shares during the period. Checchi Capital Advisers LLC bought a new position in shares of Pentair in the second quarter valued at approximately $201,000. DAVENPORT & Co LLC grew its position in shares of Pentair by 4.7% during the 2nd quarter. DAVENPORT & Co LLC now owns 3,134 shares of the industrial products company’s stock valued at $322,000 after purchasing an additional 142 shares in the last quarter. Finally, KLP Kapitalforvaltning AS grew its holdings in shares of Pentair by 1.8% during the second quarter. KLP Kapitalforvaltning AS now owns 62,466 shares of the industrial products company’s stock worth $6,413,000 after purchasing an additional 1,100 shares in the last quarter. 92.37% of the stock is currently owned by institutional investors and hedge funds.

Key Headlines Impacting Pentair

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Pentair Company Profile

(Get Free Report)

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.

Further Reading

Analyst Recommendations for Pentair (NYSE:PNR)

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