Pentair plc (NYSE:PNR – Get Free Report)’s share price hit a new 52-week low on Wednesday after Oppenheimer lowered their price target on the stock from $115.00 to $94.00. Oppenheimer currently has an outperform rating on the stock. Pentair traded as low as $58.71 and last traded at $58.9350, with a volume of 206749 shares changing hands. The stock had previously closed at $75.68.
Several other research analysts also recently issued reports on the stock. Wolfe Research downgraded shares of Pentair from an “outperform” rating to a “peer perform” rating in a report on Thursday, July 9th. Barclays reduced their target price on shares of Pentair from $95.00 to $92.00 and set an “equal weight” rating for the company in a research note on Wednesday, April 29th. Wall Street Zen downgraded Pentair from a “buy” rating to a “hold” rating in a research report on Saturday, April 11th. Royal Bank Of Canada lowered Pentair from an “outperform” rating to a “sector perform” rating and lowered their price target for the company from $101.00 to $74.00 in a research note on Wednesday. Finally, Seaport Research Partners cut Pentair from a “buy” rating to a “neutral” rating in a report on Wednesday. Seven research analysts have rated the stock with a Buy rating, six have assigned a Hold rating and three have assigned a Sell rating to the stock. Based on data from MarketBeat.com, the stock has an average rating of “Hold” and a consensus price target of $93.87.
Check Out Our Latest Stock Analysis on PNR
Key Pentair News
- Negative Sentiment: Pentair slashed its full-year 2026 outlook after preliminary Q2 results showed weaker sales than expected, with management citing Pool channel inventory destocking and soft demand as the main drivers. Article Title
- Negative Sentiment: The company also announced CFO Nicholas J. Brazis’s departure, adding leadership uncertainty at the same time as the guidance reset. Article Title
- Negative Sentiment: Multiple law firms have launched securities-fraud investigations into Pentair, reflecting concern that the company may not have fully disclosed the severity of the slowdown and management changes. Article Title
- Neutral Sentiment: Oppenheimer lowered its price target on Pentair, but kept an “outperform” rating, signaling that analysts still see upside if the company stabilizes execution and demand. Article Title
- Neutral Sentiment: Seaport Research Partners downgraded Pentair to Neutral, reinforcing the more cautious Wall Street tone after the guidance cut. Article Title
Institutional Trading of Pentair
Institutional investors and hedge funds have recently added to or reduced their stakes in the business. Sivia Capital Partners LLC acquired a new stake in Pentair during the second quarter valued at approximately $222,000. American Century Companies Inc. lifted its position in shares of Pentair by 5.8% during the 2nd quarter. American Century Companies Inc. now owns 9,350 shares of the industrial products company’s stock worth $960,000 after buying an additional 513 shares during the period. Cerity Partners LLC boosted its stake in Pentair by 27.2% in the 2nd quarter. Cerity Partners LLC now owns 53,959 shares of the industrial products company’s stock valued at $5,539,000 after buying an additional 11,523 shares in the last quarter. Sei Investments Co. grew its position in Pentair by 54.7% in the second quarter. Sei Investments Co. now owns 76,469 shares of the industrial products company’s stock valued at $7,850,000 after acquiring an additional 27,053 shares during the period. Finally, Treasurer of the State of North Carolina raised its stake in Pentair by 101.8% during the second quarter. Treasurer of the State of North Carolina now owns 338,368 shares of the industrial products company’s stock worth $34,737,000 after acquiring an additional 170,707 shares in the last quarter. Institutional investors own 92.37% of the company’s stock.
Pentair Stock Performance
The company has a quick ratio of 1.19, a current ratio of 1.88 and a debt-to-equity ratio of 0.51. The stock has a fifty day simple moving average of $73.86 and a 200-day simple moving average of $87.87. The company has a market capitalization of $10.64 billion, a P/E ratio of 16.13, a PEG ratio of 1.08 and a beta of 1.03.
Pentair (NYSE:PNR – Get Free Report) last announced its earnings results on Wednesday, April 29th. The industrial products company reported $1.22 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.17 by $0.05. The business had revenue of $1.04 billion during the quarter, compared to analysts’ expectations of $1.03 billion. Pentair had a net margin of 15.98% and a return on equity of 21.92%. The firm’s revenue for the quarter was up 2.6% on a year-over-year basis. During the same quarter last year, the company posted $1.11 EPS. Equities analysts forecast that Pentair plc will post 5.38 EPS for the current year.
Pentair Announces Dividend
The firm also recently declared a quarterly dividend, which will be paid on Friday, August 7th. Investors of record on Friday, July 24th will be given a dividend of $0.27 per share. The ex-dividend date is Friday, July 24th. This represents a $1.08 dividend on an annualized basis and a yield of 1.6%. Pentair’s dividend payout ratio is 26.47%.
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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