Gould Asset Management LLC CA held its position in Pentair PLC. (NYSE:PNR) during the second quarter, according to its most recent filing with the SEC. The firm owned 17,150 shares of the industrial products company’s stock at the end of the second quarter. Pentair PLC. makes up about 0.6% of Gould Asset Management LLC CA’s investment portfolio, making the stock its 28th largest position. Gould Asset Management LLC CA’s holdings in Pentair PLC. were worth $1,141,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Vanguard Group Inc. raised its position in Pentair PLC. by 3.7% in the first quarter. Vanguard Group Inc. now owns 15,766,592 shares of the industrial products company’s stock valued at $989,827,000 after buying an additional 557,786 shares during the period. BlackRock Inc. raised its position in Pentair PLC. by 1,577.2% in the first quarter. BlackRock Inc. now owns 11,564,179 shares of the industrial products company’s stock valued at $726,001,000 after buying an additional 10,874,699 shares during the period. State Street Corp raised its position in Pentair PLC. by 1.6% in the first quarter. State Street Corp now owns 11,282,638 shares of the industrial products company’s stock valued at $708,327,000 after buying an additional 180,937 shares during the period. Parnassus Investments CA raised its position in Pentair PLC. by 1.3% in the first quarter. Parnassus Investments CA now owns 9,038,266 shares of the industrial products company’s stock valued at $551,514,000 after buying an additional 114,323 shares during the period. Finally, Clearbridge Investments LLC raised its position in Pentair PLC. by 16.1% in the first quarter. Clearbridge Investments LLC now owns 6,133,909 shares of the industrial products company’s stock valued at $385,087,000 after buying an additional 850,370 shares during the period. 86.77% of the stock is owned by hedge funds and other institutional investors.

Pentair PLC. (PNR) opened at 61.36 on Friday. The company has a 50-day moving average price of $64.29 and a 200 day moving average price of $63.21. Pentair PLC. has a 1-year low of $53.80 and a 1-year high of $69.03. The stock has a market cap of $11.14 billion, a P/E ratio of 18.06 and a beta of 1.38.

Pentair PLC. (NYSE:PNR) last issued its quarterly earnings results on Tuesday, July 25th. The industrial products company reported $1.00 earnings per share for the quarter, hitting the Thomson Reuters’ consensus estimate of $1.00. The business had revenue of $1.27 billion for the quarter, compared to analysts’ expectations of $1.28 billion. Pentair PLC. had a net margin of 12.86% and a return on equity of 13.17%. The company’s revenue was down 2.8% compared to the same quarter last year. During the same quarter last year, the company posted $1.11 EPS. Equities analysts expect that Pentair PLC. will post $3.51 earnings per share for the current fiscal year.

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A number of analysts recently commented on the company. BidaskClub lowered Pentair PLC. from a “hold” rating to a “sell” rating in a research report on Thursday, July 27th. BMO Capital Markets reaffirmed a “hold” rating and issued a $61.00 target price on shares of Pentair PLC. in a research report on Wednesday, April 26th. Royal Bank Of Canada reaffirmed a “buy” rating and issued a $77.00 target price on shares of Pentair PLC. in a research report on Tuesday, June 6th. Zacks Investment Research raised Pentair PLC. from a “hold” rating to a “buy” rating and set a $73.00 target price for the company in a research report on Tuesday, June 6th. Finally, KeyCorp raised Pentair PLC. from a “sector weight” rating to an “overweight” rating and set a $77.00 target price for the company in a research report on Wednesday, May 17th. Three investment analysts have rated the stock with a sell rating, eleven have assigned a hold rating and five have assigned a buy rating to the company’s stock. The company has an average rating of “Hold” and a consensus price target of $66.86.

In other news, Director David A. /Wi Jones sold 10,000 shares of Pentair PLC. stock in a transaction on Monday, May 22nd. The shares were sold at an average price of $67.68, for a total transaction of $676,800.00. Following the transaction, the director now owns 20,804 shares in the company, valued at approximately $1,408,014.72. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, Chairman Randall J. Hogan sold 220,000 shares of Pentair PLC. stock in a transaction on Friday, May 26th. The stock was sold at an average price of $66.03, for a total transaction of $14,526,600.00. The disclosure for this sale can be found here. Company insiders own 9.90% of the company’s stock.

Pentair PLC. Company Profile

Pentair, Inc (Pentair) is a focused diversified industrial manufacturing company. The Company operates in two segments: Water & Fluid Solutions and Technical Products. Water & Fluid Solutions is providing products and systems used worldwide in the movement, storage and treatment of water. Technical Products is engaged in the global enclosures and thermal management markets, designing and manufacturing standard, modified and custom enclosures that house and protect sensitive electronics and electrical components and protect the people that use them.

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Institutional Ownership by Quarter for Pentair PLC. (NYSE:PNR)

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