Pentair (NYSE:PNR) Reaches New 1-Year High – What’s Next?

Pentair plc (NYSE:PNR)’s share price hit a new 52-week high on Friday . The company traded as high as $113.63 and last traded at $113.75, with a volume of 88574 shares traded. The stock had previously closed at $112.36.

Wall Street Analysts Forecast Growth

A number of brokerages have weighed in on PNR. Citigroup reiterated a “buy” rating and set a $125.00 price target (up from $99.00) on shares of Pentair in a report on Monday, July 14th. Wall Street Zen upgraded Pentair from a “hold” rating to a “buy” rating in a report on Saturday, July 26th. Oppenheimer increased their price target on Pentair from $118.00 to $120.00 and gave the stock an “outperform” rating in a report on Wednesday, July 23rd. Mizuho increased their price target on Pentair from $118.00 to $122.00 and gave the stock an “outperform” rating in a report on Wednesday, July 23rd. Finally, TD Cowen downgraded Pentair from a “buy” rating to a “hold” rating and decreased their price target for the stock from $115.00 to $110.00 in a report on Wednesday, July 23rd. Two investment analysts have rated the stock with a Strong Buy rating, eleven have assigned a Buy rating, three have issued a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $114.93.

Pentair Stock Performance

The firm has a market cap of $18.41 billion, a P/E ratio of 30.68, a PEG ratio of 2.15 and a beta of 1.10. The company has a current ratio of 1.45, a quick ratio of 0.84 and a debt-to-equity ratio of 0.38. The company’s 50-day moving average is $107.56 and its two-hundred day moving average is $99.42.

Pentair (NYSE:PNR) last announced its quarterly earnings results on Tuesday, July 22nd. The industrial products company reported $1.39 earnings per share for the quarter, beating the consensus estimate of $1.33 by $0.06. Pentair had a net margin of 14.86% and a return on equity of 21.62%. The business had revenue of $1.12 billion for the quarter, compared to analysts’ expectations of $1.12 billion. During the same quarter last year, the firm earned $1.22 EPS. The firm’s revenue for the quarter was up 2.2% compared to the same quarter last year. Pentair has set its Q3 2025 guidance at 1.160-1.20 EPS. FY 2025 guidance at 4.750-4.85 EPS. As a group, equities analysts predict that Pentair plc will post 4.77 EPS for the current fiscal year.

Pentair Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Friday, November 7th. Shareholders of record on Friday, October 24th will be given a dividend of $0.25 per share. The ex-dividend date of this dividend is Friday, October 24th. This represents a $1.00 annualized dividend and a dividend yield of 0.9%. Pentair’s dividend payout ratio (DPR) is currently 27.32%.

Hedge Funds Weigh In On Pentair

Hedge funds have recently modified their holdings of the company. Opal Wealth Advisors LLC bought a new position in shares of Pentair during the 1st quarter worth approximately $28,000. NBC Securities Inc. bought a new position in shares of Pentair during the 1st quarter worth approximately $33,000. First Horizon Advisors Inc. lifted its position in shares of Pentair by 105.4% during the 2nd quarter. First Horizon Advisors Inc. now owns 345 shares of the industrial products company’s stock worth $35,000 after buying an additional 177 shares in the last quarter. Horizon Financial Services LLC bought a new position in shares of Pentair during the 1st quarter worth approximately $38,000. Finally, North Capital Inc. bought a new position in shares of Pentair during the 1st quarter worth approximately $38,000. Institutional investors own 92.37% of the company’s stock.

About Pentair

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.