Pentair (NYSE:PNR – Get Free Report) had its price objective cut by analysts at Barclays from $102.00 to $95.00 in a report released on Wednesday,Benzinga reports. The firm currently has an “equal weight” rating on the industrial products company’s stock. Barclays‘s price objective would suggest a potential upside of 10.62% from the company’s previous close.
Several other equities research analysts also recently weighed in on PNR. Citigroup cut 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. Wall Street Zen raised Pentair from a “hold” rating to a “buy” rating in a report on Sunday, March 8th. JPMorgan Chase & Co. dropped their target price on Pentair from $132.00 to $124.00 and set an “overweight” rating for the company in a research report on Friday, January 16th. TD Cowen lowered Pentair from a “buy” rating to a “market perform” rating in a research note on Monday, January 5th. Finally, Jefferies Financial Group restated a “buy” rating and set a $125.00 price target (down from $135.00) on shares of Pentair in a report on Tuesday. Eleven analysts have rated the stock with a Buy rating, two have issued a Hold rating and three have assigned a Sell rating to the company’s stock. Based on data from MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus price target of $113.33.
Check Out Our Latest Research Report on Pentair
Pentair Trading Down 1.0%
Pentair (NYSE:PNR – Get Free Report) last issued its quarterly earnings data on Tuesday, February 3rd. The industrial products company reported $1.18 EPS for the quarter, beating the consensus estimate of $1.17 by $0.01. Pentair had a net margin of 15.66% and a return on equity of 21.79%. The business had revenue of $1.02 billion during the quarter, compared to the consensus estimate of $1.01 billion. During the same quarter in the prior year, the firm earned $1.08 EPS. The firm’s revenue was up 4.9% compared to the same quarter last year. Pentair has set its FY 2026 guidance at 5.250-5.400 EPS and its Q1 2026 guidance at 1.150-1.180 EPS. Equities research analysts forecast that Pentair will post 4.77 earnings per share for the current fiscal year.
Insider Transactions at Pentair
In other news, Director Michael T. Speetzen sold 7,000 shares of Pentair stock in a transaction dated Wednesday, February 11th. The stock was 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 approximately $828,917.10. This trade represents a 45.78% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, EVP Philip M. Rolchigo sold 6,493 shares of the business’s stock in a transaction dated Wednesday, February 25th. The shares were sold at an average price of $103.22, for a total value of $670,207.46. Following the completion of the transaction, the executive vice president directly owned 29,096 shares in the company, valued at $3,003,289.12. This represents a 18.24% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Company insiders own 1.10% of the company’s stock.
Hedge Funds Weigh In On Pentair
Institutional investors and hedge funds have recently modified their holdings of the business. Annis Gardner Whiting Capital Advisors LLC increased its stake in shares of Pentair by 71.4% in the 4th quarter. Annis Gardner Whiting Capital Advisors LLC now owns 252 shares of the industrial products company’s stock valued at $26,000 after acquiring an additional 105 shares in the last quarter. Wexford Capital LP bought a new position in Pentair during the third quarter worth $26,000. Motiv8 Investments LLC bought a new position in Pentair during the fourth quarter worth $27,000. Richardson Financial Services Inc. increased its stake in Pentair by 64.9% in the third quarter. Richardson Financial Services Inc. now owns 249 shares of the industrial products company’s stock valued at $28,000 after purchasing an additional 98 shares in the last quarter. Finally, Root Financial Partners LLC bought a new stake in Pentair in the third quarter valued at $41,000. 92.37% of the stock is currently owned by 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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