Pentair plc $PNR Shares Bought by Farther Finance Advisors LLC

Farther Finance Advisors LLC increased its holdings in shares of Pentair plc (NYSE:PNR) by 50.3% in the second quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 1,001 shares of the industrial products company’s stock after purchasing an additional 335 shares during the quarter. Farther Finance Advisors LLC’s holdings in Pentair were worth $103,000 as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds have also recently bought and sold shares of the business. Ameriprise Financial Inc. boosted its holdings in Pentair by 373.8% in the 1st quarter. Ameriprise Financial Inc. now owns 1,137,682 shares of the industrial products company’s stock worth $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 stake in shares of 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 buying an additional 661,154 shares during the last quarter. Pacer Advisors Inc. boosted its stake in shares of 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 buying an additional 607,821 shares during the last quarter. Amundi boosted its stake in shares of 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 buying an additional 594,989 shares during the last quarter. Finally, Assenagon Asset Management S.A. boosted its stake in shares of Pentair by 229.1% during the 1st quarter. Assenagon Asset Management S.A. now owns 786,362 shares of the industrial products company’s stock valued at $68,791,000 after buying an additional 547,419 shares during the last quarter. Institutional investors and hedge funds own 92.37% of the company’s stock.

Pentair Trading Down 0.1%

Shares of PNR stock opened at $112.28 on Friday. The stock has a 50-day simple moving average of $107.56 and a 200 day simple moving average of $99.35. Pentair plc has a fifty-two week low of $74.25 and a fifty-two week high of $113.95. The stock has a market capitalization of $18.41 billion, a P/E ratio of 30.68, a P/E/G ratio of 2.15 and a beta of 1.10. 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 released its quarterly earnings results 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 business 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 posted $1.22 EPS. Pentair’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, sell-side analysts expect that Pentair plc will post 4.77 earnings per share for the current fiscal year.

Pentair Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Friday, November 7th. Stockholders of record on Friday, October 24th will be paid a dividend of $0.25 per share. 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 27.32%.

Analyst Ratings Changes

Several equities analysts have recently commented on the company. Oppenheimer increased their target price on Pentair from $118.00 to $120.00 and gave the company an “outperform” rating in a research note on Wednesday, July 23rd. Robert W. Baird increased their target price on Pentair from $107.00 to $121.00 and gave the company an “outperform” rating in a research note on Wednesday, July 23rd. Wall Street Zen raised Pentair from a “hold” rating to a “buy” rating in a research report on Saturday, July 26th. Weiss Ratings reiterated a “buy (b-)” rating on shares of Pentair in a research note on Saturday, September 27th. Finally, JPMorgan Chase & Co. boosted their target price 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. Two equities research analysts have rated the stock with a Strong Buy rating, eleven have given a Buy rating, three have issued a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $114.93.

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.