Pentair (NYSE:PNR – Get Free Report) was downgraded by investment analysts at Wall Street Zen from a “buy” rating to a “hold” rating in a note issued to investors on Saturday.
Other equities analysts have also issued reports about the company. JPMorgan Chase & Co. dropped their price target on Pentair from $132.00 to $124.00 and set an “overweight” rating for the company in a research note on Friday, January 16th. Royal Bank Of Canada set a $117.00 price objective on Pentair in a report on Wednesday, February 4th. Oppenheimer reiterated an “outperform” rating and set a $122.00 target price (down from $128.00) on shares of Pentair in a research report on Wednesday, February 4th. Jefferies Financial Group restated a “hold” rating on shares of Pentair in a research report on Wednesday, February 4th. Finally, Robert W. Baird set a $117.00 price target on shares of Pentair in a research note on Wednesday, February 4th. Ten research analysts have rated the stock with a Buy rating, three have given a Hold rating and three have assigned a Sell rating to the company. According to MarketBeat.com, the company presently has an average rating of “Hold” and a consensus price target of $114.47.
View Our Latest Research Report on PNR
Pentair Price Performance
Pentair (NYSE:PNR – Get Free Report) last posted its earnings results on Tuesday, February 3rd. The industrial products company reported $1.18 earnings per share for the quarter, beating the consensus estimate of $1.17 by $0.01. Pentair had a net margin of 15.66% and a return on equity of 21.79%. The company had revenue of $1.02 billion during the quarter, compared to analysts’ expectations of $1.01 billion. During the same period last year, the company posted $1.08 earnings per share. Pentair’s quarterly revenue was up 4.9% on a year-over-year basis. 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, equities analysts anticipate that Pentair will post 4.77 EPS for the current fiscal year.
Insider Activity
In related news, Director Michael T. Speetzen sold 7,000 shares of the stock in a transaction dated Wednesday, February 11th. The shares were sold at an average price of $99.99, for a total value of $699,930.00. Following the sale, the director directly owned 8,290 shares of the company’s stock, valued at $828,917.10. This represents a 45.78% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. 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 value of $670,207.46. Following the transaction, 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 position. The disclosure for this sale is available in the SEC filing. Corporate insiders own 1.45% of the company’s stock.
Institutional Inflows and Outflows
Several institutional investors have recently bought and sold shares of the company. Nordea Investment Management AB grew its position 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 worth $311,046,000 after buying an additional 1,800,669 shares in the last quarter. Ameriprise Financial Inc. increased its holdings in Pentair by 106.7% during the third quarter. Ameriprise Financial Inc. now owns 3,236,826 shares of the industrial products company’s stock valued at $358,521,000 after buying an additional 1,670,944 shares during the period. Valeo Financial Advisors LLC bought a new position in Pentair in the second quarter worth approximately $102,945,000. Assenagon Asset Management S.A. lifted its holdings in Pentair by 1,690.9% during the fourth quarter. Assenagon Asset Management S.A. now owns 729,663 shares of the industrial products company’s stock worth $75,987,000 after buying an additional 688,921 shares during the period. Finally, 140 Summer Partners LP purchased a new stake in Pentair during the third quarter worth $60,752,000. 92.37% of the stock is currently owned by hedge funds and other 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.
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