Pentair (NYSE:PNR – Get Free Report) had its target price raised by stock analysts at JPMorgan Chase & Co. from $116.00 to $126.00 in a report released on Wednesday,Benzinga reports. The firm presently has an “overweight” rating on the industrial products company’s stock. JPMorgan Chase & Co.‘s target price would suggest a potential upside of 15.97% from the company’s previous close.
Several other research firms have also recently issued reports on PNR. Mizuho raised their price target on shares of Pentair from $118.00 to $122.00 and gave the stock an “outperform” rating in a research note on Wednesday, July 23rd. Oppenheimer raised their price target on shares of Pentair from $118.00 to $120.00 and gave the company an “outperform” rating in a report on Wednesday, July 23rd. Citigroup raised their price target on shares of Pentair from $126.00 to $133.00 and gave the company a “buy” rating in a report on Thursday, October 9th. Stifel Nicolaus lifted 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. Finally, Wall Street Zen raised shares of Pentair from a “hold” rating to a “buy” rating in a research report on Saturday, July 26th. 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 given a Sell rating to the company. According to MarketBeat, Pentair has a consensus rating of “Moderate Buy” and an average price target of $116.21.
View Our Latest Research Report on Pentair
Pentair Stock Down 1.5%
Pentair (NYSE:PNR – Get Free Report) last announced its quarterly earnings data on Tuesday, July 22nd. The industrial products company reported $1.39 EPS for the quarter, topping analysts’ consensus estimates of $1.33 by $0.06. The company had revenue of $1.12 billion during the quarter, compared to the consensus estimate of $1.12 billion. Pentair had a net margin of 14.86% and a return on equity of 21.62%. Pentair’s quarterly revenue was up 2.2% on a year-over-year basis. During the same quarter in the prior year, the firm earned $1.22 EPS. Pentair has set its Q3 2025 guidance at 1.160-1.20 EPS. FY 2025 guidance at 4.750-4.85 EPS. On average, analysts forecast that Pentair will post 4.77 earnings per share for the current year.
Institutional Trading of Pentair
Several institutional investors and hedge funds have recently bought and sold shares of the stock. State Street Corp raised its holdings in Pentair by 5.9% during the 2nd quarter. State Street Corp now owns 8,970,940 shares of the industrial products company’s stock worth $920,957,000 after buying an additional 501,506 shares during the period. Amundi increased its holdings in shares of Pentair by 13.6% in the 1st quarter. Amundi now owns 4,974,612 shares of the industrial products company’s stock valued at $412,033,000 after purchasing an additional 594,989 shares during the period. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC increased its holdings in shares of Pentair by 19.1% in 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 purchasing an additional 661,154 shares during the period. Invesco Ltd. increased its holdings in shares of Pentair by 16.5% in the 1st quarter. Invesco Ltd. now owns 3,829,985 shares of the industrial products company’s stock valued at $335,047,000 after purchasing an additional 541,461 shares during the period. Finally, Massachusetts Financial Services Co. MA increased its holdings in Pentair by 6.5% in the second quarter. Massachusetts Financial Services Co. MA now owns 2,183,831 shares of the industrial products company’s stock worth $224,192,000 after buying an additional 133,057 shares during the last quarter. Institutional investors and hedge funds own 92.37% of the company’s stock.
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.
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