Mitsubishi UFJ Asset Management Co. Ltd. Increases Stock Holdings in Pentair plc $PNR

Mitsubishi UFJ Asset Management Co. Ltd. boosted its holdings in Pentair plc (NYSE:PNR) by 11.4% in the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 372,274 shares of the industrial products company’s stock after purchasing an additional 37,960 shares during the quarter. Mitsubishi UFJ Asset Management Co. Ltd. owned approximately 0.23% of Pentair worth $38,218,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds have also recently added to or reduced their stakes in the company. Sumitomo Mitsui DS Asset Management Company Ltd increased its stake in shares of Pentair by 0.5% during the 2nd quarter. Sumitomo Mitsui DS Asset Management Company Ltd now owns 19,965 shares of the industrial products company’s stock valued at $2,050,000 after acquiring an additional 108 shares during the last quarter. Horizon Investments LLC grew its holdings in Pentair by 4.8% in the first quarter. Horizon Investments LLC now owns 2,372 shares of the industrial products company’s stock valued at $207,000 after purchasing an additional 109 shares during the period. Brooklyn Investment Group raised its stake in Pentair by 14.8% during the first quarter. Brooklyn Investment Group now owns 847 shares of the industrial products company’s stock worth $74,000 after purchasing an additional 109 shares during the period. Leavell Investment Management Inc. boosted its holdings in shares of Pentair by 2.8% in the 2nd quarter. Leavell Investment Management Inc. now owns 4,088 shares of the industrial products company’s stock valued at $420,000 after purchasing an additional 112 shares during the last quarter. Finally, Signaturefd LLC grew its stake in shares of Pentair by 11.5% during the 2nd quarter. Signaturefd LLC now owns 1,245 shares of the industrial products company’s stock valued at $128,000 after buying an additional 128 shares during the period. 92.37% of the stock is owned by institutional investors and hedge funds.

Pentair Price Performance

PNR stock opened at $108.76 on Tuesday. The firm has a market cap of $17.80 billion, a P/E ratio of 27.60, a price-to-earnings-growth ratio of 2.00 and a beta of 1.14. 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 plc has a 1 year low of $74.25 and a 1 year high of $113.95. The stock has a 50-day simple moving average of $109.47 and a 200-day simple moving average of $104.16.

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

Pentair Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Friday, November 7th. Investors of record on Friday, October 24th were issued a dividend of $0.25 per share. This represents a $1.00 dividend on an annualized basis and a yield of 0.9%. The ex-dividend date of this dividend was Friday, October 24th. Pentair’s dividend payout ratio (DPR) is presently 25.38%.

Analyst Ratings Changes

Several brokerages recently weighed in on PNR. Stifel Nicolaus increased their target price on Pentair from $104.00 to $124.00 and gave the stock a “buy” rating in a research report on Monday, July 21st. Mizuho raised their price objective on Pentair from $118.00 to $122.00 and gave the stock an “outperform” rating in a report on Wednesday, July 23rd. Barclays lifted their price objective on Pentair from $125.00 to $127.00 and gave the company an “overweight” rating in a research note on Wednesday, October 22nd. Citigroup increased their target price on shares of Pentair from $126.00 to $133.00 and gave the stock a “buy” rating in a research report on Thursday, October 9th. Finally, Robert W. Baird set a $130.00 price target on shares of Pentair in a research report on Wednesday, October 22nd. Two research analysts have rated the stock with a Strong Buy rating, eleven have issued a Buy rating, three have issued a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus target price of $119.93.

Pentair Profile

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.