Swiss National Bank lifted its holdings in Pentair plc (NYSE:PNR – Free Report) by 7.1% in the 1st quarter, Holdings Channel.com reports. The firm owned 480,287 shares of the industrial products company’s stock after acquiring an additional 31,900 shares during the quarter. Swiss National Bank’s holdings in Pentair were worth $41,838,000 as of its most recent SEC filing.
A number of other hedge funds and other institutional investors have also recently modified their holdings of the business. Wexford Capital LP purchased a new position in Pentair during the third quarter valued at approximately $26,000. Annis Gardner Whiting Capital Advisors LLC lifted its holdings in Pentair by 71.4% during the fourth quarter. Annis Gardner Whiting Capital Advisors LLC now owns 252 shares of the industrial products company’s stock worth $26,000 after buying an additional 105 shares during the period. Motiv8 Investments LLC bought a new stake in Pentair during the 4th quarter valued at $27,000. Aster Capital Management DIFC Ltd bought a new stake in Pentair during the 4th quarter valued at $43,000. Finally, Intesa Sanpaolo Wealth Management purchased a new position in shares of Pentair in the 4th quarter valued at $44,000. 92.37% of the stock is currently owned by institutional investors.
Wall Street Analysts Forecast Growth
Several research analysts have recently commented on the company. Mizuho reduced their price target on Pentair from $100.00 to $85.00 and set an “outperform” rating for the company in a research report on Tuesday. Wall Street Zen lowered Pentair from a “buy” rating to a “hold” rating in a research note on Saturday, April 11th. Royal Bank Of Canada downgraded 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. Jefferies Financial Group set a $90.00 price target on shares of Pentair in a research report on Wednesday, July 15th. Finally, Citigroup lowered their price target on shares of Pentair from $112.00 to $106.00 and set a “buy” rating on the stock in a report on Wednesday, April 29th. Seven analysts have rated the stock with a Buy rating, six have issued a Hold rating and three have assigned a Sell rating to the stock. According to data from MarketBeat, Pentair has a consensus rating of “Hold” and a consensus target price of $91.40.
Pentair Stock Up 2.4%
Pentair stock opened at $62.93 on Thursday. Pentair plc has a 1-year low of $57.60 and a 1-year high of $113.95. The business has a fifty day moving average price of $72.81 and a 200-day moving average price of $86.67. The company has a debt-to-equity ratio of 0.51, a current ratio of 1.88 and a quick ratio of 1.19. The stock has a market capitalization of $10.17 billion, a price-to-earnings ratio of 15.42, a PEG ratio of 1.30 and a beta of 1.03.
Pentair (NYSE:PNR – Get Free Report) last announced its earnings results on Wednesday, April 29th. The industrial products company reported $1.22 earnings per share (EPS) for the quarter, beating 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 company had revenue of $1.04 billion for the quarter, compared to analyst estimates of $1.03 billion. During the same period in the prior year, the company posted $1.11 EPS. The firm’s quarterly revenue was up 2.6% compared to the same quarter last year. Equities research analysts forecast that Pentair plc will post 4.8 EPS for the current fiscal year.
Pentair Announces Dividend
The business also recently disclosed a quarterly dividend, which will be paid on Friday, August 7th. Stockholders of record on Friday, July 24th will be issued a dividend of $0.27 per share. The ex-dividend date is Friday, July 24th. This represents a $1.08 annualized dividend and a dividend yield of 1.7%. Pentair’s dividend payout ratio is 26.47%.
Key Stories Impacting Pentair
Here are the key news stories impacting Pentair this week:
- Positive Sentiment: Mizuho lowered its price target on Pentair but kept an outperform rating, signaling the stock could still have meaningful upside from current levels. Pentair price target lowered by Mizuho
- Neutral Sentiment: Zacks published an earnings preview saying Pentair’s upcoming Q2 results were expected to decline, which may have reinforced cautious investor expectations ahead of the report. Earnings Preview: Pentair plc (PNR) Q2 Earnings Expected to Decline
- Negative Sentiment: Multiple law firms, including Berger Montague, Bleichmar Fonti & Auld, the Schall Law Firm, Pomerantz, and Levi & Korsinsky, announced investigations into possible securities-law violations tied to Pentair’s recent stock drop and the FY2026 guidance cut, raising legal overhang and investor uncertainty. Berger Montague 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.
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