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

Wall Street Zen lowered shares of Pentair (NYSE:PNRFree Report) from a buy rating to a hold rating in a research note issued to investors on Saturday morning.

Several other equities research analysts have also weighed in on the stock. Oppenheimer increased their price objective on shares of Pentair from $124.00 to $128.00 and gave the stock an “outperform” rating in a research note on Thursday, November 20th. Weiss Ratings reiterated a “buy (b-)” rating on shares of Pentair in a research report on Wednesday, October 8th. Royal Bank Of Canada boosted 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. Citigroup upped their price objective on Pentair from $126.00 to $133.00 and gave the stock a “buy” rating in a research note on Thursday, October 9th. Finally, Barclays cut Pentair from an “overweight” rating to an “equal weight” rating and cut their target price for the company from $127.00 to $115.00 in a research note on Thursday. Two research analysts have rated the stock with a Strong Buy rating, nine have given a Buy rating, four have assigned a Hold rating and one has given a Sell rating to the stock. According to MarketBeat.com, the company has an average rating of “Moderate Buy” and an average target price of $118.92.

Read Our Latest Research Report on PNR

Pentair Trading Down 0.6%

NYSE PNR opened at $104.22 on Friday. The company has a market capitalization of $17.05 billion, a price-to-earnings ratio of 26.45, a price-to-earnings-growth ratio of 1.94 and a beta of 1.21. The company’s fifty day moving average price is $107.61 and its two-hundred day moving average price is $105.47. 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 12 month low of $74.25 and a 12 month high of $113.95.

Pentair (NYSE:PNRGet Free Report) last announced its quarterly earnings data on Tuesday, October 21st. The industrial products company reported $1.24 earnings per share for the quarter, beating 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 during the quarter, compared to analyst estimates of $1 billion. During the same period in the previous year, the company earned $1.09 earnings per share. Pentair’s quarterly revenue was up 2.9% on a year-over-year basis. 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, research analysts predict that Pentair will post 4.77 earnings per share for the current fiscal year.

Pentair Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, November 7th. Stockholders of record on Friday, October 24th were issued a $0.25 dividend. The ex-dividend date was Friday, October 24th. This represents a $1.00 annualized dividend and a dividend yield of 1.0%. Pentair’s dividend payout ratio (DPR) is 25.38%.

Insider Activity at Pentair

In other news, CFO Robert P. Fishman sold 7,786 shares of Pentair 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 transaction, the chief financial officer directly owned 63,164 shares in the company, valued at approximately $6,658,748.88. This trade represents a 10.97% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, Director T Michael Glenn sold 6,558 shares of the business’s stock in a transaction on Monday, December 1st. The stock was sold at an average price of $104.33, for a total value of $684,196.14. Following the completion of the sale, the director directly owned 31,192 shares in the company, valued at $3,254,261.36. This represents a 17.37% decrease in their position. The disclosure for this sale is available in the SEC filing. 1.10% of the stock is owned by insiders.

Institutional Inflows and Outflows

Several large investors have recently bought and sold shares of PNR. Richardson Financial Services Inc. lifted its holdings in Pentair by 64.9% in the 3rd quarter. Richardson Financial Services Inc. now owns 249 shares of the industrial products company’s stock valued at $28,000 after acquiring an additional 98 shares during the last quarter. Moors & Cabot Inc. raised its holdings in shares of Pentair by 0.9% in the 3rd quarter. Moors & Cabot Inc. now owns 11,006 shares of the industrial products company’s stock worth $1,219,000 after purchasing an additional 100 shares in the last quarter. Wedmont Private Capital raised its holdings in shares of Pentair by 2.7% in the 3rd quarter. Wedmont Private Capital now owns 3,906 shares of the industrial products company’s stock worth $432,000 after purchasing an additional 101 shares in the last quarter. Portside Wealth Group LLC lifted its stake in Pentair by 2.9% during the second quarter. Portside Wealth Group LLC now owns 3,644 shares of the industrial products company’s stock valued at $374,000 after purchasing an additional 102 shares during the last quarter. Finally, Greenwich Wealth Management LLC boosted its holdings in Pentair by 1.4% during the second quarter. Greenwich Wealth Management LLC now owns 7,223 shares of the industrial products company’s stock worth $742,000 after buying an additional 102 shares in the last quarter. Institutional investors own 92.37% of the company’s stock.

About Pentair

(Get Free Report)

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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Analyst Recommendations for Pentair (NYSE:PNR)

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