Fifth Third Bancorp Sells 628 Shares of Pentair plc $PNR

Fifth Third Bancorp reduced its position in Pentair plc (NYSE:PNR) by 15.4% during the second quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 3,447 shares of the industrial products company’s stock after selling 628 shares during the quarter. Fifth Third Bancorp’s holdings in Pentair were worth $354,000 as of its most recent filing with the SEC.

Other institutional investors also recently modified their holdings of the company. Versant Capital Management Inc raised its holdings in 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 buying an additional 285 shares during the last quarter. GAMMA Investing LLC raised its stake in Pentair by 9,873.3% in the first quarter. GAMMA Investing LLC now owns 346,771 shares of the industrial products company’s stock valued at $30,336,000 after purchasing an additional 343,294 shares in the last quarter. Rhumbline Advisers lifted its holdings in shares of Pentair by 10.2% in the 1st quarter. Rhumbline Advisers now owns 320,161 shares of the industrial products company’s stock worth $28,008,000 after acquiring an additional 29,518 shares during the last quarter. Czech National Bank lifted its holdings in shares of Pentair by 5.9% in the 1st quarter. Czech National Bank now owns 37,951 shares of the industrial products company’s stock worth $3,320,000 after acquiring an additional 2,125 shares during the last quarter. Finally, NBC Securities Inc. bought a new stake in Pentair during the 1st quarter valued at $33,000. 92.37% of the stock is owned by institutional investors.

Pentair Stock Performance

PNR opened at $110.74 on Wednesday. Pentair plc has a 52-week low of $74.25 and a 52-week high of $112.91. The firm’s 50-day moving average price is $107.05 and its 200-day moving average price is $98.93. 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 company has a market cap of $18.15 billion, a P/E ratio of 30.26, a price-to-earnings-growth ratio of 2.10 and a beta of 1.08.

Pentair (NYSE:PNR) last announced its earnings results on Tuesday, July 22nd. The industrial products company reported $1.39 earnings per share 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 business had revenue of $1.12 billion during the quarter, compared to the consensus estimate of $1.12 billion. During the same period in the prior year, the company posted $1.22 EPS. The business’s quarterly revenue 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. As a group, equities analysts anticipate that Pentair plc will post 4.77 EPS for the current fiscal year.

Pentair Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Friday, November 7th. Shareholders of record on Friday, October 24th will be paid a dividend of $0.25 per share. The ex-dividend date is Friday, October 24th. This represents a $1.00 dividend on an annualized basis and a yield of 0.9%. Pentair’s dividend payout ratio is 27.32%.

Wall Street Analysts Forecast Growth

A number of equities research analysts recently commented on PNR shares. Wall Street Zen upgraded shares of Pentair from a “hold” rating to a “buy” rating in a report on Saturday, July 26th. Mizuho raised their price target on shares of Pentair from $118.00 to $122.00 and gave the company an “outperform” rating in a report on Wednesday, July 23rd. Robert W. Baird increased their price objective on shares of Pentair from $107.00 to $121.00 and gave the stock an “outperform” rating in a research note on Wednesday, July 23rd. Barclays raised their target price on shares of Pentair from $116.00 to $117.00 and gave the stock an “overweight” rating in a research note on Wednesday, July 23rd. Finally, Citigroup restated a “buy” rating and set a $125.00 target price (up previously from $99.00) on shares of Pentair in a research note on Monday, July 14th. Two investment analysts have rated the stock with a Strong Buy rating, ten have issued a Buy rating, three have issued a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat, Pentair has an average rating of “Moderate Buy” and an average target price of $114.36.

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.