Wall Street Zen upgraded shares of Pentair (NYSE:PNR – Free Report) from a hold rating to a buy rating in a research note published on Sunday.
PNR has been the topic of a number of other research reports. Oppenheimer reissued an “outperform” rating and set a $122.00 target price (down from $128.00) on shares of Pentair in a report on Wednesday, February 4th. Weiss Ratings reiterated a “buy (b-)” rating on shares of Pentair in a research report on Thursday, January 22nd. Citigroup decreased their price objective on Pentair from $126.00 to $120.00 and set a “buy” rating on the stock in a research note on Wednesday, February 4th. JPMorgan Chase & Co. cut their target price on Pentair from $132.00 to $124.00 and set an “overweight” rating for the company in a research note on Friday, January 16th. Finally, Jefferies Financial Group reaffirmed a “hold” rating on shares of Pentair in a report on Wednesday, February 4th. Ten analysts have rated the stock with a Buy rating, three have issued a Hold rating and three have issued a Sell rating to the company’s stock. According to MarketBeat.com, the stock presently has a consensus rating of “Hold” and a consensus price target of $114.47.
Get Our Latest Stock Analysis on PNR
Pentair Price Performance
Pentair (NYSE:PNR – Get Free Report) last posted its earnings results on Tuesday, February 3rd. The industrial products company reported $1.18 earnings per share for the quarter, topping the consensus estimate of $1.17 by $0.01. The firm had revenue of $1.02 billion during the quarter, compared to the consensus estimate of $1.01 billion. Pentair had a net margin of 15.66% and a return on equity of 21.79%. The company’s revenue was up 4.9% on a year-over-year basis. During the same quarter last year, the company earned $1.08 earnings per share. Pentair has set its FY 2026 guidance at 5.250-5.400 EPS and its Q1 2026 guidance at 1.150-1.180 EPS. Research analysts predict that Pentair will post 4.77 earnings per share for the current year.
Pentair Announces Dividend
The firm also recently disclosed a quarterly dividend, which will be paid on Friday, May 1st. Investors of record on Friday, April 17th will be given a $0.27 dividend. This represents a $1.08 dividend on an annualized basis and a dividend yield of 1.2%. The ex-dividend date is Friday, April 17th. Pentair’s dividend payout ratio (DPR) is 27.27%.
Insider Buying and Selling at Pentair
In related news, EVP Philip M. Rolchigo sold 6,493 shares of the business’s stock in a transaction dated Wednesday, February 25th. The stock was sold at an average price of $103.22, for a total transaction of $670,207.46. Following the completion of the transaction, the executive vice president directly owned 29,096 shares in the company, valued at $3,003,289.12. The trade was a 18.24% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, Director Michael T. Speetzen sold 7,000 shares of the firm’s stock in a transaction dated Wednesday, February 11th. The shares were sold at an average price of $99.99, for a total value of $699,930.00. Following the completion of the sale, the director directly owned 8,290 shares in the company, valued at approximately $828,917.10. The trade was a 45.78% decrease in their position. The disclosure for this sale is available in the SEC filing. 1.45% of the stock is currently owned by company insiders.
Institutional Investors Weigh In On Pentair
A number of institutional investors and hedge funds have recently bought and sold shares of the stock. Sivia Capital Partners LLC purchased a new position in Pentair in the 2nd quarter worth approximately $222,000. Assetmark Inc. lifted its holdings in shares of Pentair by 61.2% during the 2nd quarter. Assetmark Inc. now owns 2,399 shares of the industrial products company’s stock worth $246,000 after acquiring an additional 911 shares during the last quarter. First Horizon Advisors Inc. lifted its holdings in shares of Pentair by 105.4% during the 2nd quarter. First Horizon Advisors Inc. now owns 345 shares of the industrial products company’s stock worth $35,000 after acquiring an additional 177 shares during the last quarter. Resona Asset Management Co. Ltd. purchased a new position in Pentair in the second quarter worth $5,057,000. Finally, Los Angeles Capital Management LLC bought a new position in Pentair in the second quarter valued at $2,904,000. 92.37% of the stock is owned by hedge funds and other institutional investors.
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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