Advisors Asset Management Inc. Purchases 2,053 Shares of Pentair plc $PNR

Advisors Asset Management Inc. boosted its position in Pentair plc (NYSE:PNR) by 5.7% during the first quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 38,304 shares of the industrial products company’s stock after acquiring an additional 2,053 shares during the period. Advisors Asset Management Inc.’s holdings in Pentair were worth $3,351,000 at the end of the most recent reporting period.

A number of other large investors have also added to or reduced their stakes in the company. Horizon Investments LLC grew its holdings in Pentair by 4.8% in the 1st quarter. Horizon Investments LLC now owns 2,372 shares of the industrial products company’s stock worth $207,000 after acquiring an additional 109 shares during the last quarter. Brooklyn Investment Group grew its holdings in Pentair by 14.8% in the 1st quarter. Brooklyn Investment Group now owns 847 shares of the industrial products company’s stock worth $74,000 after acquiring an additional 109 shares during the last quarter. Strategic Blueprint LLC grew its holdings in Pentair by 2.3% in the 1st quarter. Strategic Blueprint LLC now owns 5,521 shares of the industrial products company’s stock worth $483,000 after acquiring an additional 123 shares during the last quarter. HB Wealth Management LLC grew its holdings in Pentair by 5.6% in the 1st quarter. HB Wealth Management LLC now owns 3,604 shares of the industrial products company’s stock worth $315,000 after acquiring an additional 192 shares during the last quarter. Finally, Azzad Asset Management Inc. ADV grew its holdings in Pentair by 0.7% in the 4th quarter. Azzad Asset Management Inc. ADV now owns 29,930 shares of the industrial products company’s stock worth $3,012,000 after acquiring an additional 197 shares during the last quarter. Institutional investors own 92.37% of the company’s stock.

Analyst Upgrades and Downgrades

A number of equities research analysts have issued reports on PNR shares. Oppenheimer raised their price target on shares of Pentair from $118.00 to $120.00 and gave the stock an “outperform” rating in a report on Wednesday, July 23rd. Robert W. Baird raised their target price on shares of Pentair from $107.00 to $121.00 and gave the stock an “outperform” rating in a research report on Wednesday, July 23rd. Citigroup reaffirmed a “buy” rating and issued a $125.00 target price (up from $99.00) on shares of Pentair in a research report on Monday, July 14th. JPMorgan Chase & Co. upped their target price on Pentair from $113.00 to $116.00 and gave the stock an “overweight” rating in a report on Wednesday, July 23rd. Finally, Barclays upped their target price on Pentair from $116.00 to $117.00 and gave the stock an “overweight” rating in a report on Wednesday, July 23rd. Two equities research analysts have rated the stock with a Strong Buy rating, ten have assigned a Buy rating, three have assigned a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $114.36.

Pentair Trading Up 0.5%

Shares of NYSE PNR opened at $110.66 on Friday. Pentair plc has a 1 year low of $74.25 and a 1 year high of $111.80. The stock has a market cap of $18.14 billion, a P/E ratio of 30.24, a price-to-earnings-growth ratio of 2.11 and a beta of 1.08. The firm has a 50-day moving average of $105.55 and a 200 day moving average of $96.54. The company has a debt-to-equity ratio of 0.38, a current ratio of 1.45 and a quick ratio of 0.84.

Pentair (NYSE:PNR) last issued its quarterly earnings results on Tuesday, July 22nd. The industrial products company reported $1.39 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.33 by $0.06. Pentair had a net margin of 14.86% and a return on equity of 21.62%. The company had revenue of $1.12 billion during the quarter, compared to analysts’ expectations of $1.12 billion. During the same period last year, the company posted $1.22 EPS. Pentair’s revenue was up 2.2% on a year-over-year basis. Pentair has set its Q3 2025 guidance at 1.160-1.20 EPS. FY 2025 guidance at 4.750-4.85 EPS. As a group, sell-side analysts expect that Pentair plc will post 4.77 EPS for the current fiscal year.

Pentair Company Profile

Pentair plc provides various water solutions in the United States, Western Europe, China, Eastern Europe, Latin America, the Middle East, Southeast Asia, Australia, Canada, and Japan. The company operates through three segments: Flow, Water Solutions, and Pool. The Flow segment designs, manufactures, and sells fluid treatment and pump products and systems, including pressure vessels, gas recovery solutions, membrane bioreactors, wastewater reuse systems and advanced membrane filtration, separation systems, water disposal pumps, water supply pumps, fluid transfer pumps, turbine pumps, solid handling pumps, and agricultural spray nozzles for fluid delivery, ion exchange, desalination, food and beverage, separation technologies in the oil and gas industry, residential and municipal wells, water treatment, wastewater solids handling, pressure boosting, circulation and transfer, fire suppression, flood control, agricultural irrigation, and crop spray in residential, commercial, and industrial markets.