Pentair (NYSE:PNR) Rating Lowered to “Neutral” at Seaport Research Partners

Pentair (NYSE:PNR) was downgraded by Seaport Research Partners from a “buy” rating to a “neutral” rating in a research note issued on Wednesday, MarketBeat Ratings reports.

PNR has been the subject of several other reports. Robert W. Baird set a $110.00 target price on Pentair in a research report on Wednesday, April 29th. Royal Bank Of Canada cut shares of Pentair from an “outperform” rating to a “sector perform” rating and cut their price target for the stock from $101.00 to $74.00 in a report on Wednesday. Bank of America reduced their price target on shares of Pentair from $100.00 to $88.00 and set an “underperform” rating on the stock in a research note on Monday, April 20th. Stifel Nicolaus decreased their price objective on shares of Pentair from $110.00 to $103.00 and set a “buy” rating for the company in a report on Wednesday, April 29th. Finally, Wall Street Zen cut shares of Pentair from a “buy” rating to a “hold” rating in a research report on Saturday, April 11th. Seven research analysts have rated the stock with a Buy rating, six have given a Hold rating and three have given a Sell rating to the company’s stock. According to MarketBeat.com, the company has a consensus rating of “Hold” and an average price target of $93.87.

Pentair Stock Up 2.3%

Shares of NYSE:PNR opened at $65.82 on Wednesday. The firm has a market capitalization of $10.64 billion, a PE ratio of 16.13, a price-to-earnings-growth ratio of 1.08 and a beta of 1.03. The business has a 50 day simple moving average of $73.86 and a two-hundred day simple moving average of $87.87. Pentair has a 1 year low of $57.60 and a 1 year high of $113.95. The company has a debt-to-equity ratio of 0.51, a current ratio of 1.88 and a quick ratio of 1.19.

Pentair (NYSE:PNR) last issued its quarterly earnings results on Wednesday, April 29th. The industrial products company reported $1.22 earnings per share for the quarter, topping the consensus estimate of $1.17 by $0.05. Pentair had a return on equity of 21.92% and a net margin of 15.98%.The firm had revenue of $1.04 billion for the quarter, compared to the consensus estimate of $1.03 billion. During the same period in the prior year, the business posted $1.11 earnings per share. The company’s revenue for the quarter was up 2.6% on a year-over-year basis. On average, equities analysts predict that Pentair will post 5.38 EPS for the current year.

Hedge Funds Weigh In On Pentair

Several institutional investors have recently made changes to their positions in the company. Hsbc Holdings PLC lifted its stake in Pentair by 1,459.8% in the first quarter. Hsbc Holdings PLC now owns 1,270,578 shares of the industrial products company’s stock worth $110,617,000 after acquiring an additional 1,189,122 shares during the period. Assenagon Asset Management S.A. grew its holdings in Pentair by 1,690.9% during the 4th quarter. Assenagon Asset Management S.A. now owns 729,663 shares of the industrial products company’s stock worth $75,987,000 after acquiring an additional 688,921 shares in the last quarter. Nordea Investment Management AB increased its position in Pentair by 22.8% during the 4th quarter. Nordea Investment Management AB now owns 3,484,915 shares of the industrial products company’s stock valued at $366,787,000 after purchasing an additional 647,162 shares during the period. Amundi raised its holdings in shares of Pentair by 13.1% in the 1st quarter. Amundi now owns 4,237,659 shares of the industrial products company’s stock valued at $369,208,000 after purchasing an additional 491,758 shares in the last quarter. Finally, AQR Capital Management LLC raised its holdings in shares of Pentair by 43.0% in the 3rd quarter. AQR Capital Management LLC now owns 1,472,500 shares of the industrial products company’s stock valued at $161,754,000 after purchasing an additional 442,534 shares in the last quarter. Hedge funds and other institutional investors own 92.37% of the company’s stock.

Pentair News Summary

Here are the key news stories impacting Pentair this week:

• 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

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.