Cetera Investment Advisers Has $5.65 Million Stock Holdings in Pentair plc $PNR

Cetera Investment Advisers lifted its holdings in shares of Pentair plc (NYSE:PNR) by 11.5% during the 2nd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 55,009 shares of the industrial products company’s stock after purchasing an additional 5,674 shares during the quarter. Cetera Investment Advisers’ holdings in Pentair were worth $5,647,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also modified their holdings of the company. First Horizon Advisors Inc. increased its position in Pentair by 105.4% during the second quarter. First Horizon Advisors Inc. now owns 345 shares of the industrial products company’s stock worth $35,000 after buying an additional 177 shares during the last quarter. Garde Capital Inc. acquired a new position in shares of Pentair during the 2nd quarter valued at about $41,000. North Star Investment Management Corp. raised its stake in shares of Pentair by 91.5% in the 2nd quarter. North Star Investment Management Corp. now owns 404 shares of the industrial products company’s stock valued at $41,000 after acquiring an additional 193 shares in the last quarter. Brooklyn Investment Group lifted its holdings in Pentair by 14.8% in the 1st quarter. Brooklyn Investment Group now owns 847 shares of the industrial products company’s stock worth $74,000 after purchasing an additional 109 shares during the last quarter. Finally, Allworth Financial LP lifted its holdings in Pentair by 101.6% in the 2nd quarter. Allworth Financial LP now owns 740 shares of the industrial products company’s stock worth $76,000 after purchasing an additional 373 shares during the last quarter. Institutional investors and hedge funds own 92.37% of the company’s stock.

Wall Street Analysts Forecast Growth

PNR has been the topic of a number of recent analyst reports. Barclays lifted their price target on shares of Pentair from $125.00 to $127.00 and gave the company an “overweight” rating in a research report on Wednesday, October 22nd. Oppenheimer lifted their target price on shares of Pentair from $124.00 to $128.00 and gave the stock an “outperform” rating in a report on Thursday. Weiss Ratings restated a “buy (b-)” rating on shares of Pentair in a report on Wednesday, October 8th. Royal Bank Of Canada raised their price target on Pentair from $121.00 to $124.00 and gave the company an “outperform” rating in a research report on Wednesday, October 22nd. Finally, UBS Group boosted their price objective on Pentair from $120.00 to $124.00 and gave the stock a “buy” rating in a research report on Wednesday, October 22nd. Two equities research analysts have rated the stock with a Strong Buy rating, eleven have assigned a Buy rating, three have issued a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus target price of $120.21.

Insider Buying and Selling at Pentair

In other news, CFO Robert P. Fishman sold 7,786 shares of the business’s stock in a transaction that occurred on Friday, November 14th. The stock was sold at an average price of $105.42, for a total transaction of $820,800.12. Following the sale, the chief financial officer directly owned 63,164 shares in the company, valued at approximately $6,658,748.88. The trade was a 10.97% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. Insiders own 1.10% of the company’s stock.

Pentair Price Performance

Shares of Pentair stock opened at $104.89 on Monday. The company has a debt-to-equity ratio of 0.42, a current ratio of 1.46 and a quick ratio of 0.82. The company has a market cap of $17.16 billion, a PE ratio of 26.62, a price-to-earnings-growth ratio of 2.00 and a beta of 1.14. The firm has a fifty day moving average price of $108.55 and a two-hundred day moving average price of $104.99. Pentair plc has a fifty-two week low of $74.25 and a fifty-two week high of $113.95.

Pentair (NYSE:PNR) last posted its quarterly earnings data on Tuesday, October 21st. The industrial products company reported $1.24 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.18 by $0.06. Pentair had a net margin of 15.84% and a return on equity of 21.83%. The company had revenue of $1.02 billion for the quarter, compared to the consensus estimate of $1 billion. During the same quarter in the previous year, the firm posted $1.09 EPS. The business’s revenue was up 2.9% compared to the same quarter last year. Pentair has set its Q4 2025 guidance at 1.110-1.160 EPS. FY 2025 guidance at 4.850-4.900 EPS. Analysts expect that Pentair plc will post 4.77 EPS for the current year.

Pentair Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, November 7th. Shareholders of record on Friday, October 24th were given a $0.25 dividend. The ex-dividend date was Friday, October 24th. This represents a $1.00 dividend on an annualized basis and a dividend yield of 1.0%. Pentair’s dividend payout ratio (DPR) is currently 25.38%.

Pentair 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.