USA Financial Formulas Reduces Holdings in Pentair plc $PNR

USA Financial Formulas cut its stake in shares of Pentair plc (NYSE:PNR) by 14.2% in the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 1,762 shares of the industrial products company’s stock after selling 291 shares during the quarter. USA Financial Formulas’ holdings in Pentair were worth $181,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors also recently bought and sold shares of PNR. Ameriprise Financial Inc. boosted its holdings in Pentair by 373.8% during the 1st quarter. Ameriprise Financial Inc. now owns 1,137,682 shares of the industrial products company’s stock valued at $99,523,000 after acquiring an additional 897,585 shares during the period. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC boosted its holdings in Pentair by 19.1% during the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 4,129,805 shares of the industrial products company’s stock valued at $361,275,000 after acquiring an additional 661,154 shares during the period. Pacer Advisors Inc. boosted its holdings in Pentair by 4,231.6% during the 1st quarter. Pacer Advisors Inc. now owns 622,185 shares of the industrial products company’s stock valued at $54,429,000 after acquiring an additional 607,821 shares during the period. Amundi boosted its holdings in Pentair by 13.6% during the 1st quarter. Amundi now owns 4,974,612 shares of the industrial products company’s stock valued at $412,033,000 after acquiring an additional 594,989 shares during the period. Finally, Assenagon Asset Management S.A. lifted its holdings in Pentair by 229.1% in the 1st quarter. Assenagon Asset Management S.A. now owns 786,362 shares of the industrial products company’s stock worth $68,791,000 after buying an additional 547,419 shares during the period. 92.37% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

Several research firms have weighed in on PNR. Oppenheimer increased their price objective on Pentair from $118.00 to $120.00 and gave the stock an “outperform” rating in a report on Wednesday, July 23rd. Robert W. Baird increased their price objective on Pentair from $107.00 to $121.00 and gave the stock an “outperform” rating in a report on Wednesday, July 23rd. Bank of America cut Pentair from a “neutral” rating to an “underperform” rating and dropped their price objective for the stock from $106.00 to $100.00 in a report on Tuesday, July 29th. JPMorgan Chase & Co. increased their price objective on Pentair from $113.00 to $116.00 and gave the stock an “overweight” rating in a report on Wednesday, July 23rd. Finally, Stifel Nicolaus increased their target price on Pentair from $104.00 to $124.00 and gave the stock a “buy” rating in a research report on Monday, July 21st. Two research analysts have rated the stock with a Strong Buy rating, ten have assigned a Buy rating, three have assigned a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat, the company has a consensus rating of “Moderate Buy” and an average price target of $114.93.

Pentair Stock Up 1.7%

PNR stock opened at $112.39 on Friday. Pentair plc has a twelve month low of $74.25 and a twelve month high of $112.91. The company has a quick ratio of 0.84, a current ratio of 1.45 and a debt-to-equity ratio of 0.38. The firm has a market cap of $18.42 billion, a PE ratio of 30.71, a price-to-earnings-growth ratio of 2.12 and a beta of 1.10. The business has a 50 day moving average of $107.38 and a 200 day moving average of $99.18.

Pentair (NYSE:PNR) last posted its quarterly earnings data on Tuesday, July 22nd. The industrial products company reported $1.39 earnings per share for the quarter, beating analysts’ consensus estimates 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 during the quarter, compared to analyst estimates of $1.12 billion. During the same quarter last year, the company earned $1.22 EPS. The firm’s revenue for the quarter was up 2.2% on a year-over-year basis. Pentair has set its Q3 2025 guidance at 1.160-1.20 EPS. FY 2025 guidance at 4.750-4.85 EPS. On average, research analysts forecast that Pentair plc will post 4.77 EPS for the current fiscal year.

Pentair Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Friday, November 7th. Shareholders of record on Friday, October 24th will be issued a $0.25 dividend. The ex-dividend date of this dividend is 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 (DPR) is presently 27.32%.

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.