Pentair (NYSE:PNR – Free Report) had its price objective reduced by Citigroup from $120.00 to $112.00 in a report released on Monday,Benzinga reports. They currently have a buy rating on the industrial products company’s stock.
Other analysts have also issued research reports about the company. Barclays reduced their target price on Pentair from $102.00 to $95.00 and set an “equal weight” rating for the company in a report on Wednesday, April 1st. JPMorgan Chase & Co. reduced their target price on Pentair from $132.00 to $124.00 and set an “overweight” rating for the company in a report on Friday, January 16th. Robert W. Baird set a $117.00 target price on Pentair in a report on Wednesday, February 4th. Jefferies Financial Group reissued a “buy” rating and issued a $125.00 target price (down from $135.00) on shares of Pentair in a report on Tuesday, March 31st. Finally, BNP Paribas Exane lowered Pentair from a “hold” rating to a “strong sell” rating and set a $90.00 target price for the company. in a report on Wednesday, January 7th. Ten equities research analysts have rated the stock with a Buy rating, three have given a Hold rating and three have given a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock presently has an average rating of “Hold” and a consensus price target of $112.80.
Read Our Latest Analysis on PNR
Pentair Stock Up 1.0%
Pentair (NYSE:PNR – Get Free Report) last posted its earnings results on Tuesday, February 3rd. The industrial products company reported $1.18 EPS for the quarter, topping analysts’ consensus estimates of $1.17 by $0.01. The business had revenue of $1.02 billion during the quarter, compared to analyst estimates of $1.01 billion. Pentair had a return on equity of 21.79% and a net margin of 15.66%.The company’s quarterly revenue was up 4.9% compared to the same quarter last year. During the same quarter last year, the company 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. Equities analysts predict that Pentair will post 4.77 EPS for the current fiscal year.
Pentair Dividend Announcement
The company also recently disclosed a quarterly dividend, which will be paid on Friday, May 1st. Investors of record on Friday, April 17th will be issued a $0.27 dividend. The ex-dividend date of this dividend is Friday, April 17th. This represents a $1.08 annualized dividend and a dividend yield of 1.2%. Pentair’s payout ratio is presently 27.27%.
Insider Buying and Selling at Pentair
In related news, EVP Philip M. Rolchigo sold 6,493 shares of Pentair stock in a transaction on Wednesday, February 25th. The stock was sold at an average price of $103.22, for a total transaction of $670,207.46. Following the transaction, the executive vice president directly owned 29,096 shares in the company, valued at approximately $3,003,289.12. The trade was a 18.24% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director Michael T. Speetzen sold 7,000 shares of Pentair stock in a transaction 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 transaction, the director owned 8,290 shares in the company, valued at $828,917.10. This trade represents a 45.78% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders own 1.26% of the company’s stock.
Hedge Funds Weigh In On Pentair
Institutional investors and hedge funds have recently bought and sold shares of the stock. Annis Gardner Whiting Capital Advisors LLC lifted its position in Pentair by 71.4% during the fourth quarter. Annis Gardner Whiting Capital Advisors LLC now owns 252 shares of the industrial products company’s stock valued at $26,000 after purchasing an additional 105 shares in the last quarter. Wexford Capital LP purchased a new position in Pentair during the third quarter valued at $26,000. Motiv8 Investments LLC purchased a new position in Pentair during the fourth quarter valued at $27,000. Richardson Financial Services Inc. lifted its position in Pentair by 64.9% during 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 purchased a new position in Pentair during the third quarter valued at $41,000. 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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