United Asset Strategies Inc. Reduces Stock Holdings in Pentair plc $PNR

United Asset Strategies Inc. lessened its holdings in shares of Pentair plc (NYSE:PNR) by 9.3% in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 8,928 shares of the industrial products company’s stock after selling 912 shares during the period. United Asset Strategies Inc.’s holdings in Pentair were worth $917,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds also recently added to or reduced their stakes in PNR. Sumitomo Mitsui DS Asset Management Company Ltd grew its position in Pentair by 0.5% during the 2nd quarter. Sumitomo Mitsui DS Asset Management Company Ltd now owns 19,965 shares of the industrial products company’s stock worth $2,050,000 after purchasing an additional 108 shares during the period. Horizon Investments LLC lifted its holdings in Pentair by 4.8% in the first quarter. Horizon Investments LLC now owns 2,372 shares of the industrial products company’s stock valued at $207,000 after acquiring an additional 109 shares during the period. Brooklyn Investment Group boosted its position in Pentair by 14.8% in the 1st quarter. Brooklyn Investment Group now owns 847 shares of the industrial products company’s stock worth $74,000 after purchasing an additional 109 shares in the last quarter. Leavell Investment Management Inc. grew its stake in shares of Pentair by 2.8% during the 2nd quarter. Leavell Investment Management Inc. now owns 4,088 shares of the industrial products company’s stock worth $420,000 after purchasing an additional 112 shares during the period. Finally, Signaturefd LLC increased its holdings in shares of Pentair by 11.5% during the 2nd quarter. Signaturefd LLC now owns 1,245 shares of the industrial products company’s stock valued at $128,000 after purchasing an additional 128 shares in the last quarter. 92.37% of the stock is owned by hedge funds and other institutional investors.

Pentair Price Performance

PNR stock opened at $108.67 on Thursday. Pentair plc has a 1 year low of $74.25 and a 1 year high of $113.95. The company has a debt-to-equity ratio of 0.42, a current ratio of 1.46 and a quick ratio of 0.82. The firm has a market capitalization of $17.78 billion, a PE ratio of 27.58, a price-to-earnings-growth ratio of 2.00 and a beta of 1.14. The business has a 50 day simple moving average of $109.55 and a 200-day simple moving average of $104.32.

Pentair (NYSE:PNR) last released its quarterly earnings data on Tuesday, October 21st. The industrial products company reported $1.24 earnings per share for the quarter, topping analysts’ consensus estimates of $1.18 by $0.06. The company had revenue of $1.02 billion for the quarter, compared to analyst estimates of $1 billion. Pentair had a return on equity of 21.83% and a net margin of 15.84%.The firm’s revenue for the quarter was up 2.9% compared to the same quarter last year. During the same quarter in the previous year, the company posted $1.09 earnings per share. Pentair has set its Q4 2025 guidance at 1.110-1.160 EPS. FY 2025 guidance at 4.850-4.900 EPS. Equities research analysts anticipate that Pentair plc will post 4.77 earnings per share for the current fiscal year.

Pentair Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, November 7th. Investors of record on Friday, October 24th were issued a $0.25 dividend. The ex-dividend date of this dividend was Friday, October 24th. This represents a $1.00 dividend on an annualized basis and a dividend yield of 0.9%. Pentair’s dividend payout ratio is currently 25.38%.

Analyst Upgrades and Downgrades

A number of analysts recently issued reports on PNR shares. TD Cowen downgraded shares of Pentair from a “buy” rating to a “hold” rating and lowered their price target for the stock from $115.00 to $110.00 in a report on Wednesday, July 23rd. JPMorgan Chase & Co. increased their target price on shares of Pentair from $116.00 to $126.00 and gave the stock an “overweight” rating in a research note on Wednesday, October 15th. Robert W. Baird set a $130.00 target price on Pentair in a research report on Wednesday, October 22nd. UBS Group upped their price target on Pentair from $120.00 to $124.00 and gave the stock a “buy” rating in a report on Wednesday, October 22nd. Finally, Barclays raised their price objective on Pentair from $125.00 to $127.00 and gave the company an “overweight” rating in a report on Wednesday, October 22nd. Two investment analysts have rated the stock with a Strong Buy rating, eleven have issued a Buy rating, three have given a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat.com, the company has an average rating of “Moderate Buy” and an average target price of $119.93.

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.