Pentair (NYSE:PNR) Rating Increased to Buy at Wall Street Zen

Wall Street Zen upgraded shares of Pentair (NYSE:PNR) from a hold rating to a buy rating in a report published on Sunday.

Several other equities research analysts also recently commented on the company. JPMorgan Chase & Co. reduced their price objective on Pentair from $132.00 to $124.00 and set an “overweight” rating for the company in a report on Friday, January 16th. Citigroup lowered their target price on shares of Pentair from $126.00 to $120.00 and set a “buy” rating on the stock in a research note on Wednesday, February 4th. Jefferies Financial Group reaffirmed a “hold” rating on shares of Pentair in a report on Wednesday, February 4th. Robert W. Baird set a $117.00 price target on shares of Pentair in a research note on Wednesday, February 4th. Finally, Wolfe Research reissued an “outperform” rating and set a $135.00 price objective on shares of Pentair in a report on Tuesday, December 9th. Ten analysts have rated the stock with a Buy rating, three have issued a Hold rating and three have issued a Sell rating to the company. According to data from MarketBeat.com, Pentair currently has an average rating of “Hold” and a consensus target price of $114.47.

Pentair Stock Performance

PNR stock opened at $92.25 on Friday. The stock’s 50 day simple moving average is $102.18 and its 200 day simple moving average is $105.71. The company has a current ratio of 1.61, a quick ratio of 0.95 and a debt-to-equity ratio of 0.42. Pentair has a 12-month low of $74.25 and a 12-month high of $113.95. The stock has a market capitalization of $15.06 billion, a PE ratio of 23.30, a price-to-earnings-growth ratio of 1.63 and a beta of 1.23.

Pentair (NYSE:PNR) last posted its earnings results on Tuesday, February 3rd. The industrial products company reported $1.18 EPS for the quarter, topping analysts’ consensus estimates of $1.17 by $0.01. Pentair had a return on equity of 21.79% and a net margin of 15.66%.The business had revenue of $1.02 billion during the quarter, compared to analyst estimates of $1.01 billion. During the same quarter last year, the company earned $1.08 EPS. The company’s quarterly revenue was up 4.9% compared to the same quarter last year. Pentair has set its FY 2026 guidance at 5.250-5.400 EPS and its Q1 2026 guidance at 1.150-1.180 EPS. As a group, research analysts forecast that Pentair will post 4.77 earnings per share for the current fiscal year.

Pentair Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Friday, May 1st. Stockholders of record on Friday, April 17th will be given a dividend of $0.27 per share. The ex-dividend date of this dividend is Friday, April 17th. This represents a $1.08 annualized dividend and a dividend yield of 1.2%. Pentair’s dividend payout ratio is presently 27.27%.

Insider Activity at Pentair

In related news, Director Michael T. Speetzen sold 7,000 shares of the firm’s stock in a transaction that occurred on Wednesday, February 11th. The shares were sold at an average price of $99.99, for a total value of $699,930.00. Following the transaction, the director owned 8,290 shares of the company’s stock, valued at approximately $828,917.10. This trade represents a 45.78% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. Also, EVP Philip M. Rolchigo sold 6,493 shares of the business’s stock in a transaction that occurred on Wednesday, February 25th. The shares were sold at an average price of $103.22, for a total transaction of $670,207.46. Following the sale, the executive vice president owned 29,096 shares of the company’s stock, valued at $3,003,289.12. This trade represents a 18.24% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. 1.10% of the stock is owned by corporate insiders.

Hedge Funds Weigh In On Pentair

Institutional investors have recently bought and sold shares of the stock. Nordea Investment Management AB grew its stake in shares of Pentair by 173.6% during the 3rd quarter. Nordea Investment Management AB now owns 2,837,753 shares of the industrial products company’s stock valued at $311,046,000 after acquiring an additional 1,800,669 shares during the period. IMC Chicago LLC bought a new stake in Pentair during the 3rd quarter worth approximately $1,635,000. Envestnet Asset Management Inc. raised its stake in Pentair by 93.6% during the 3rd quarter. Envestnet Asset Management Inc. now owns 397,471 shares of the industrial products company’s stock worth $44,024,000 after acquiring an additional 192,125 shares during the period. Truist Financial Corp lifted its holdings in Pentair by 287.4% during the third quarter. Truist Financial Corp now owns 58,548 shares of the industrial products company’s stock valued at $6,485,000 after purchasing an additional 43,433 shares in the last quarter. Finally, Clean Energy Transition LLP boosted its position in shares of Pentair by 26.7% in the third quarter. Clean Energy Transition LLP now owns 313,005 shares of the industrial products company’s stock worth $34,668,000 after purchasing an additional 66,036 shares during the period. 92.37% of the stock is owned by institutional investors.

Pentair Company Profile

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.