Pentair (NYSE:PNR) Hits New 52-Week High – Here’s Why

Shares of Pentair plc (NYSE:PNR) hit a new 52-week high during trading on Friday . The company traded as high as $111.80 and last traded at $110.80, with a volume of 114756 shares traded. The stock had previously closed at $110.06.

Wall Street Analyst Weigh In

Several equities analysts have issued reports on the stock. JPMorgan Chase & Co. upped their price objective on shares of Pentair from $113.00 to $116.00 and gave the company an “overweight” rating in a research note on Wednesday, July 23rd. Barclays upped their price objective on shares of Pentair from $116.00 to $117.00 and gave the company an “overweight” rating in a research note on Wednesday, July 23rd. Bank of America downgraded shares of Pentair from a “neutral” rating to an “underperform” rating and decreased their price objective for the company from $106.00 to $100.00 in a research note on Tuesday, July 29th. Wall Street Zen upgraded shares of Pentair from a “hold” rating to a “buy” rating in a research note on Saturday, July 26th. Finally, Stifel Nicolaus upped their price objective on shares of Pentair from $104.00 to $124.00 and gave the company a “buy” rating in a research note on Monday, July 21st. Two investment 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 issued a Sell rating to the company. According to MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus price target of $114.36.

Pentair Stock Up 0.5%

The stock has a market capitalization of $18.14 billion, a PE ratio of 30.24, a PEG ratio of 2.12 and a beta of 1.08. The firm’s fifty day moving average is $105.55 and its 200-day moving average is $96.55. The company has a quick ratio of 0.84, a current ratio of 1.45 and a debt-to-equity ratio of 0.38.

Pentair (NYSE:PNR) last posted its quarterly earnings results 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. The firm had revenue of $1.12 billion during the quarter, compared to analysts’ expectations of $1.12 billion. Pentair had a net margin of 14.86% and a return on equity of 21.62%. The firm’s revenue for the quarter was up 2.2% on a year-over-year basis. During the same period in the prior year, the company posted $1.22 earnings per share. Pentair has set its Q3 2025 guidance at 1.160-1.20 EPS. FY 2025 guidance at 4.750-4.85 EPS. On average, equities research analysts predict that Pentair plc will post 4.77 earnings per share for the current year.

Institutional Inflows and Outflows

Several large investors have recently added to or reduced their stakes in PNR. Valeo Financial Advisors LLC purchased a new position in Pentair in the second quarter valued at about $102,945,000. Ameriprise Financial Inc. increased its holdings in Pentair by 373.8% in the first quarter. Ameriprise Financial Inc. now owns 1,137,682 shares of the industrial products company’s stock valued at $99,523,000 after buying an additional 897,585 shares in the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC increased its holdings in Pentair by 19.1% in the first 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 buying an additional 661,154 shares in the last quarter. Pacer Advisors Inc. increased its holdings in Pentair by 4,231.6% in the first quarter. Pacer Advisors Inc. now owns 622,185 shares of the industrial products company’s stock valued at $54,429,000 after buying an additional 607,821 shares in the last quarter. Finally, Amundi increased its holdings in Pentair by 13.6% in the first quarter. Amundi now owns 4,974,612 shares of the industrial products company’s stock valued at $412,033,000 after buying an additional 594,989 shares in the last quarter. 92.37% of the stock is owned by hedge funds and other institutional investors.

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.