Pentair plc $PNR Shares Sold by Swedbank AB

Swedbank AB trimmed its position in shares of Pentair plc (NYSE:PNR) by 28.9% during the first quarter, Holdings Channel reports. The institutional investor owned 726,271 shares of the industrial products company’s stock after selling 295,000 shares during the quarter. Swedbank AB’s holdings in Pentair were worth $63,534,000 as of its most recent SEC filing.

Other hedge funds also recently added to or reduced their stakes in the company. Opal Wealth Advisors LLC purchased a new position in Pentair in the first quarter valued at approximately $28,000. NBC Securities Inc. acquired a new stake in shares of Pentair in the first quarter valued at approximately $33,000. Horizon Financial Services LLC acquired a new stake in shares of Pentair in the first quarter valued at approximately $38,000. North Capital Inc. acquired a new stake in shares of Pentair in the first quarter valued at approximately $38,000. Finally, Versant Capital Management Inc lifted its holdings in shares of Pentair by 128.4% during the first quarter. Versant Capital Management Inc now owns 507 shares of the industrial products company’s stock worth $44,000 after purchasing an additional 285 shares during the period. 92.37% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

PNR has been the subject of a number of recent analyst reports. Wall Street Zen raised Pentair from a “hold” rating to a “buy” rating in a report on Saturday, July 26th. Mizuho raised their price target on Pentair from $118.00 to $122.00 and gave the company an “outperform” rating in a research report on Wednesday, July 23rd. JPMorgan Chase & Co. lifted their price objective on Pentair from $113.00 to $116.00 and gave the stock an “overweight” rating in a research report on Wednesday, July 23rd. Stifel Nicolaus lifted their price objective on Pentair from $104.00 to $124.00 and gave the stock a “buy” rating in a research report on Monday, July 21st. Finally, TD Cowen lowered 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 research note on Wednesday, July 23rd. Two research analysts have rated the stock with a Strong Buy rating, ten have assigned a Buy rating, three have issued a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat, Pentair currently has an average rating of “Moderate Buy” and an average target price of $114.36.

Pentair Stock Performance

Pentair stock opened at $111.00 on Friday. The company has a debt-to-equity ratio of 0.38, a quick ratio of 0.84 and a current ratio of 1.45. Pentair plc has a one year low of $74.25 and a one year high of $112.91. The stock’s 50 day moving average price is $106.07 and its 200 day moving average price is $97.12. The firm has a market capitalization of $18.20 billion, a PE ratio of 30.33, a price-to-earnings-growth ratio of 2.16 and a beta of 1.08.

Pentair (NYSE:PNR) last posted its quarterly earnings data on Tuesday, July 22nd. The industrial products company reported $1.39 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.33 by $0.06. Pentair had a return on equity of 21.62% and a net margin of 14.86%.The company had revenue of $1.12 billion for the quarter, compared to the consensus estimate of $1.12 billion. During the same period in the previous year, the business earned $1.22 EPS. Pentair’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, sell-side analysts expect that Pentair plc will post 4.77 EPS for the current fiscal year.

Pentair Company 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.