Pentair (NYSE:PNR) Given New $85.00 Price Target at Mizuho

Pentair (NYSE:PNR) had its target price cut by Mizuho from $100.00 to $85.00 in a research note issued to investors on Tuesday, MarketBeat reports. They currently have an outperform rating on the industrial products company’s stock.

Other equities analysts have also issued research reports about the stock. The Goldman Sachs Group reduced their price objective on shares of Pentair from $91.00 to $72.00 and set a “neutral” rating for the company in a research report on Wednesday, July 15th. Seaport Research Partners lowered shares of Pentair from a “buy” rating to a “neutral” rating in a research note on Wednesday, July 15th. Royal Bank Of Canada cut shares of Pentair from an “outperform” rating to a “sector perform” rating and reduced their target price for the stock from $101.00 to $74.00 in a report on Wednesday, July 15th. TD Cowen decreased their price target on shares of Pentair from $90.00 to $75.00 and set a “sell” rating on the stock in a research report on Wednesday, April 29th. Finally, Weiss Ratings cut Pentair from a “hold (c+)” rating to a “hold (c)” rating in a report on Monday, May 11th. Seven investment analysts have rated the stock with a Buy rating, six have given a Hold rating and three have assigned a Sell rating to the company’s stock. According to MarketBeat, Pentair currently has an average rating of “Hold” and a consensus target price of $91.40.

Pentair Stock Down 0.9%

Shares of PNR stock opened at $61.55 on Tuesday. 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 quick ratio of 1.19 and a current ratio of 1.88. The business’s fifty day moving average is $73.02 and its 200-day moving average is $86.96. The stock has a market cap of $9.95 billion, a PE ratio of 15.09, a price-to-earnings-growth ratio of 1.32 and a beta of 1.03.

Pentair (NYSE:PNR) last announced its earnings results on Wednesday, April 29th. The industrial products company reported $1.22 earnings per share for the quarter, beating the consensus estimate 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 return on equity of 21.92% and a net margin of 15.98%.The company’s quarterly revenue was up 2.6% on a year-over-year basis. During the same quarter last year, the business posted $1.11 earnings per share. Equities analysts expect that Pentair will post 4.8 earnings per share for the current fiscal year.

Pentair Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Friday, August 7th. Shareholders of record on Friday, July 24th will be paid a dividend of $0.27 per share. The ex-dividend date of this dividend is Friday, July 24th. This represents a $1.08 dividend on an annualized basis and a yield of 1.8%. Pentair’s dividend payout ratio is currently 26.47%.

Institutional Inflows and Outflows

Several institutional investors have recently made changes to their positions in the company. Annis Gardner Whiting Capital Advisors LLC lifted its position 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 purchased a new position in Pentair during the 3rd quarter worth approximately $26,000. Motiv8 Investments LLC purchased a new position in Pentair during the 4th quarter worth approximately $27,000. Aster Capital Management DIFC Ltd acquired a new stake in Pentair during the 4th quarter valued at $43,000. Finally, Park Square Financial Group LLC raised its stake in Pentair by 502.8% during the 4th quarter. Park Square Financial Group LLC now owns 434 shares of the industrial products company’s stock valued at $44,000 after purchasing an additional 362 shares during the period. 92.37% of the stock is owned by hedge funds and other institutional investors.

More Pentair News

Here are the key news stories impacting Pentair this week:

• Positive Sentiment: Mizuho kept an outperform rating on Pentair but lowered its price target to $85 from $100, suggesting the firm still sees upside if the business stabilizes. Benzinga report on Mizuho price target cut
• Neutral Sentiment: Pentair is scheduled to report Q2 earnings soon, and Zacks said expectations are leaning toward a decline, which reinforces investor caution ahead of the release. Zacks earnings preview
• Negative Sentiment: Multiple law firms have launched securities-fraud investigations into Pentair after the company’s guidance cut and stock drop, increasing legal overhang and adding to investor uncertainty. Pomerantz investigation Levi & Korsinsky investigation BFA Law investigation
• Negative Sentiment: News reports say Pentair’s Pool business is facing inventory destocking and that the company cut its FY2026 EPS outlook by roughly 30%, both of which point to weaker growth and earnings momentum. Business Wire report on stock drop and investigation

About Pentair

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.