ABN Amro Investment Solutions bought a new position in Pentair plc (NYSE:PNR – Free Report) in the first quarter, according to its most recent disclosure with the SEC. The firm bought 17,377 shares of the industrial products company’s stock, valued at approximately $1,514,000.
Several other institutional investors and hedge funds have also recently bought and sold shares of PNR. Hsbc Holdings PLC increased its stake in Pentair by 1,459.8% during the first quarter. Hsbc Holdings PLC now owns 1,270,578 shares of the industrial products company’s stock worth $110,617,000 after purchasing an additional 1,189,122 shares during the period. AQR Capital Management LLC increased its holdings in Pentair by 43.0% during the 3rd quarter. AQR Capital Management LLC now owns 1,472,500 shares of the industrial products company’s stock worth $161,754,000 after purchasing an additional 442,534 shares during the period. Morgan Stanley grew its position in shares of Pentair by 21.7% during the fourth quarter. Morgan Stanley now owns 2,474,549 shares of the industrial products company’s stock worth $257,700,000 after buying an additional 441,878 shares in the last quarter. Squarepoint Ops LLC grew its position in shares of Pentair by 210.8% during the fourth quarter. Squarepoint Ops LLC now owns 640,803 shares of the industrial products company’s stock worth $66,733,000 after buying an additional 434,657 shares in the last quarter. Finally, Ameriprise Financial Inc. raised its holdings in shares of Pentair by 37.6% in the 2nd quarter. Ameriprise Financial Inc. now owns 1,565,882 shares of the industrial products company’s stock valued at $160,751,000 after purchasing an additional 428,200 shares in the last quarter. 92.37% of the stock is currently owned by hedge funds and other institutional investors.
Pentair Stock Up 1.4%
PNR stock opened at $62.94 on Friday. The firm’s 50-day moving average is $72.36 and its two-hundred day moving average is $86.20. The company has a market capitalization of $10.17 billion, a price-to-earnings ratio of 15.43, a price-to-earnings-growth ratio of 1.32 and a beta of 1.03. The company has a current ratio of 1.88, a quick ratio of 1.19 and a debt-to-equity ratio of 0.51. Pentair plc has a 52 week low of $57.60 and a 52 week high of $113.95.
Pentair Announces Dividend
The business also recently declared a quarterly dividend, which will be paid on Friday, August 7th. Investors of record on Friday, July 24th will be issued a dividend of $0.27 per share. This represents a $1.08 annualized dividend and a dividend yield of 1.7%. The ex-dividend date is Friday, July 24th. Pentair’s dividend payout ratio (DPR) is currently 26.47%.
Pentair News Summary
Here are the key news stories impacting Pentair this week:
- Positive Sentiment: No major positive company-specific catalysts were reported in the last 24-36 hours.
- Neutral Sentiment: Several law firms, including Robbins LLP, Pomerantz, Johnson Fistel, Hagens Berman, and Frank R. Cruz’s firm, announced or continued investigations into possible securities-law violations and fiduciary-duty breaches at Pentair. These notices may add headline risk, but they are investigations rather than filed findings of wrongdoing. Article Title
- Neutral Sentiment: One report noted Pentair’s July earnings reset, including a reduced FY2026 adjusted EPS midpoint from about $5.35 to $4.70, which helps explain why sentiment has deteriorated. Article Title
- Neutral Sentiment: A pre-earnings preview suggested weaker Q2 results due to pool-channel destocking and softer demand, though Flow and Water Solutions were expected to hold up better. Article Title
- Neutral Sentiment: Mizuho also issued a pessimistic forecast for Pentair, adding to bearish expectations around the shares. Article Title
Analysts Set New Price Targets
A number of equities analysts recently issued reports on the company. TD Cowen lowered their price target on Pentair from $90.00 to $75.00 and set a “sell” rating for the company in a report on Wednesday, April 29th. Wall Street Zen downgraded shares of Pentair from a “buy” rating to a “hold” rating in a research note on Saturday, April 11th. Oppenheimer cut their target price on Pentair from $115.00 to $94.00 and set an “outperform” rating on the stock in a research report on Thursday, July 16th. BNP Paribas Exane restated an “underperform” rating and set a $64.00 price target (down from $75.00) on shares of Pentair in a research note on Thursday, July 16th. Finally, Robert W. Baird cut their target price on shares of Pentair from $110.00 to $83.00 and set an “outperform” rating on the stock in a report on Wednesday, July 15th. Seven equities research analysts have rated the stock with a Buy rating, six have assigned a Hold rating and three have given a Sell rating to the stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Hold” and an average target price of $91.40.
Read Our Latest Research Report on PNR
Pentair 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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