Bank Julius Baer & Co. Ltd Zurich Acquires 142,216 Shares of Pentair plc $PNR

Bank Julius Baer & Co. Ltd Zurich raised its stake in shares of Pentair plc (NYSE:PNR) by 58.6% during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 384,942 shares of the industrial products company’s stock after purchasing an additional 142,216 shares during the quarter. Bank Julius Baer & Co. Ltd Zurich owned 0.23% of Pentair worth $39,518,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds have also modified their holdings of the company. Valeo Financial Advisors LLC acquired a new stake in Pentair in the 2nd quarter valued at $102,945,000. Ameriprise Financial Inc. lifted its holdings in shares of Pentair by 373.8% during 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 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% 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 in the last quarter. Pacer Advisors Inc. grew its holdings in shares of Pentair by 4,231.6% in the 1st quarter. Pacer Advisors Inc. now owns 622,185 shares of the industrial products company’s stock worth $54,429,000 after purchasing an additional 607,821 shares during the last quarter. Finally, Amundi increased its position 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 worth $412,033,000 after purchasing an additional 594,989 shares in the last quarter. 92.37% of the stock is owned by institutional investors and hedge funds.

Insider Activity at Pentair

In related news, CFO Robert P. Fishman sold 7,786 shares of the company’s stock in a transaction on Friday, November 14th. The shares were sold at an average price of $105.42, for a total value of $820,800.12. Following the completion of the sale, the chief financial officer owned 63,164 shares in the company, valued at $6,658,748.88. This represents a 10.97% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. 1.45% of the stock is currently owned by corporate insiders.

Pentair Trading Down 1.0%

NYSE PNR opened at $101.54 on Friday. The stock has a 50-day simple moving average of $108.67 and a 200 day simple moving average of $104.73. The company has a market capitalization of $16.62 billion, a PE ratio of 25.77, a P/E/G ratio of 2.00 and a beta of 1.14. The company has a current ratio of 1.46, a quick ratio of 0.82 and a debt-to-equity ratio of 0.42. Pentair plc has a 12 month low of $74.25 and a 12 month high of $113.95.

Pentair (NYSE:PNR) last announced its quarterly earnings results on Tuesday, October 21st. The industrial products company reported $1.24 EPS for the quarter, beating analysts’ consensus estimates of $1.18 by $0.06. Pentair had a return on equity of 21.83% and a net margin of 15.84%.The company had revenue of $1.02 billion during the quarter, compared to analysts’ expectations of $1 billion. During the same period in the prior year, the business posted $1.09 EPS. Pentair’s revenue was up 2.9% on a year-over-year basis. Pentair has set its Q4 2025 guidance at 1.110-1.160 EPS. FY 2025 guidance at 4.850-4.900 EPS. Research analysts forecast that Pentair plc will post 4.77 EPS for the current year.

Pentair Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Friday, November 7th. Stockholders of record on Friday, October 24th were issued a $0.25 dividend. The ex-dividend date of this dividend was Friday, October 24th. This represents a $1.00 annualized dividend and a dividend yield of 1.0%. Pentair’s payout ratio is 25.38%.

Analyst Ratings Changes

PNR has been the topic of several research analyst reports. Oppenheimer upped their price objective on shares of Pentair from $124.00 to $128.00 and gave the stock an “outperform” rating in a research note on Thursday. Wall Street Zen upgraded 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 report on Wednesday, October 8th. Barclays boosted their price objective on Pentair from $125.00 to $127.00 and gave the stock an “overweight” rating in a research note on Wednesday, October 22nd. Finally, Robert W. Baird set a $130.00 target price on Pentair in a research note on Wednesday, October 22nd. Two investment analysts have rated the stock with a Strong Buy rating, eleven have issued a Buy rating, three have issued a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average price target of $120.21.

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.