JPMorgan Chase & Co. Has Lowered Expectations for Pentair (NYSE:PNR) Stock Price

Pentair (NYSE:PNR) had its price target decreased by stock analysts at JPMorgan Chase & Co. from $132.00 to $124.00 in a research report issued to clients and investors on Friday,Benzinga reports. The brokerage currently has an “overweight” rating on the industrial products company’s stock. JPMorgan Chase & Co.‘s price objective indicates a potential upside of 15.54% from the stock’s current price.

Several other equities research analysts have also commented on PNR. Wolfe Research reiterated an “outperform” rating and set a $135.00 price target on shares of Pentair in a research note on Tuesday, December 9th. TD Cowen reiterated a “sell” rating and set a $90.00 target price (down previously from $110.00) on shares of Pentair in a research report on Monday, January 5th. Citigroup decreased their target price on Pentair from $135.00 to $126.00 and set a “buy” rating for the company in a research report on Monday, January 12th. Oppenheimer lifted their price target on Pentair from $124.00 to $128.00 and gave the stock an “outperform” rating in a research report on Thursday, November 20th. Finally, Royal Bank Of Canada boosted their price objective on Pentair from $121.00 to $124.00 and gave the company an “outperform” rating in a research note on Wednesday, October 22nd. Two investment analysts have rated the stock with a Strong Buy rating, eleven have given a Buy rating, three have given a Hold rating and four have issued a Sell rating to the company’s stock. According to MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $115.75.

Pentair Price Performance

PNR stock opened at $107.32 on Friday. The business has a 50 day moving average price of $104.74 and a 200 day moving average price of $106.56. The company has a quick ratio of 0.82, a current ratio of 1.46 and a debt-to-equity ratio of 0.42. The stock has a market cap of $17.56 billion, a price-to-earnings ratio of 27.24, a PEG ratio of 1.88 and a beta of 1.22. Pentair has a fifty-two week low of $74.25 and a fifty-two week high of $113.95.

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

Insider Buying and Selling at Pentair

In related news, CFO Robert P. Fishman sold 7,786 shares of Pentair 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 transaction, the chief financial officer directly owned 63,164 shares in the company, valued at $6,658,748.88. This trade represents a 10.97% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. Also, Director T Michael Glenn sold 6,558 shares of the business’s stock in a transaction on Monday, December 1st. The shares were sold at an average price of $104.33, for a total transaction of $684,196.14. Following the completion of the transaction, the director directly owned 31,192 shares in the company, valued at $3,254,261.36. This represents a 17.37% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. 1.10% of the stock is owned by company insiders.

Institutional Inflows and Outflows

Several large investors have recently added to or reduced their stakes in the company. Nordea Investment Management AB lifted its holdings in Pentair by 173.6% in the 3rd quarter. Nordea Investment Management AB now owns 2,837,753 shares of the industrial products company’s stock valued at $311,046,000 after purchasing an additional 1,800,669 shares in the last quarter. Neuberger Berman Group LLC raised its position in shares of Pentair by 40.0% in the second quarter. Neuberger Berman Group LLC now owns 52,886 shares of the industrial products company’s stock valued at $5,429,000 after buying an additional 15,105 shares during the last quarter. United Super Pty Ltd in its capacity as Trustee for the Construction & Building Unions Superannuation Fund purchased a new position in shares of Pentair during the second quarter valued at approximately $380,000. Valley National Advisers Inc. boosted its position in Pentair by 46,124.4% during the third quarter. Valley National Advisers Inc. now owns 18,952 shares of the industrial products company’s stock worth $2,098,000 after acquiring an additional 18,911 shares during the last quarter. Finally, Trium Capital LLP acquired a new stake in Pentair during the third quarter worth approximately $1,388,000. 92.37% of the stock is owned by hedge funds and other institutional investors.

About Pentair

Pentair plc (NYSE: PNR) is a global provider of water treatment and fluid management solutions. The company designs, manufactures and sells a broad range of products that move, treat, monitor and control the flow of water and other fluids across residential, commercial, industrial and municipal markets. Pentair’s offerings are focused on improving water quality, conserving resources and enabling efficient fluid handling in applications from household water systems and pools to large-scale industrial and municipal installations.

Product lines include pumps and pumping systems, water filtration and purification equipment, valves and controls, heat exchangers, pool and spa systems, and a range of aftermarket parts and services.