Jefferies Financial Group restated their buy rating on shares of Pentair (NYSE:PNR – Free Report) in a research note released on Tuesday morning,Benzinga reports. The firm currently has a $125.00 price objective on the industrial products company’s stock, down from their previous price objective of $135.00.
A number of other brokerages also recently commented on PNR. Royal Bank Of Canada set a $117.00 price objective on shares of Pentair in a research report on Wednesday, February 4th. Oppenheimer reiterated an “outperform” rating and set a $122.00 target price (down from $128.00) on shares of Pentair in a research report on Wednesday, February 4th. Robert W. Baird set a $117.00 price target on Pentair in a report on Wednesday, February 4th. TD Cowen downgraded Pentair from a “buy” rating to a “market perform” rating in a research note on Monday, January 5th. Finally, Citigroup dropped their price objective on Pentair from $126.00 to $120.00 and set a “buy” rating on the stock in a report on Wednesday, February 4th. Eleven investment analysts have rated the stock with a Buy rating, two have assigned a Hold rating and three have given a Sell rating to the company. According to MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $113.80.
Read Our Latest Research Report on PNR
Pentair Stock Performance
Pentair (NYSE:PNR – Get Free Report) last released its earnings results on Tuesday, February 3rd. The industrial products company reported $1.18 EPS for the quarter, topping the consensus estimate of $1.17 by $0.01. The company had revenue of $1.02 billion during the quarter, compared to analysts’ expectations of $1.01 billion. Pentair had a net margin of 15.66% and a return on equity of 21.79%. The business’s revenue was up 4.9% on a year-over-year basis. During the same quarter last year, the business earned $1.08 EPS. Pentair has set its FY 2026 guidance at 5.250-5.400 EPS and its Q1 2026 guidance at 1.150-1.180 EPS. On average, sell-side analysts predict that Pentair will post 4.77 earnings per share for the current year.
Pentair Announces Dividend
The business also recently announced a quarterly dividend, which will be paid on Friday, May 1st. Shareholders of record on Friday, April 17th will be given a dividend of $0.27 per share. This represents a $1.08 annualized dividend and a yield of 1.2%. The ex-dividend date is Friday, April 17th. Pentair’s dividend payout ratio is presently 27.27%.
Insider Transactions at Pentair
In related news, EVP Philip M. Rolchigo sold 6,493 shares of the company’s stock in a transaction that occurred on Wednesday, February 25th. The stock was sold at an average price of $103.22, for a total value of $670,207.46. Following the sale, the executive vice president owned 29,096 shares in the company, valued at $3,003,289.12. This represents a 18.24% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, Director Michael T. Speetzen sold 7,000 shares of the firm’s stock in a transaction that occurred on Wednesday, February 11th. The shares were sold at an average price of $99.99, for a total value of $699,930.00. Following the completion of the transaction, the director directly owned 8,290 shares of the company’s stock, valued at $828,917.10. The trade was a 45.78% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Company insiders own 1.26% of the company’s stock.
Institutional Trading of Pentair
A number of institutional investors have recently bought and sold shares of the company. Nordea Investment Management AB increased its position in shares of Pentair by 173.6% in the third quarter. Nordea Investment Management AB now owns 2,837,753 shares of the industrial products company’s stock valued at $311,046,000 after buying an additional 1,800,669 shares in the last quarter. Ameriprise Financial Inc. boosted its position in shares of Pentair by 106.7% in the 3rd quarter. Ameriprise Financial Inc. now owns 3,236,826 shares of the industrial products company’s stock worth $358,521,000 after buying an additional 1,670,944 shares in the last quarter. Valeo Financial Advisors LLC acquired a new stake in Pentair in the 2nd quarter valued at about $102,945,000. Assenagon Asset Management S.A. grew its stake in Pentair by 1,690.9% in the 4th quarter. Assenagon Asset Management S.A. now owns 729,663 shares of the industrial products company’s stock valued at $75,987,000 after acquiring an additional 688,921 shares during the last quarter. Finally, 140 Summer Partners LP purchased a new position in Pentair during the 3rd quarter valued at about $60,752,000. 92.37% of the stock is currently owned by hedge funds and other institutional investors.
Pentair Company Profile
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.
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