First Trust Advisors LP Grows Position in Pentair plc $PNR

First Trust Advisors LP grew its holdings in Pentair plc (NYSE:PNR) by 52.9% in the first quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 1,215,064 shares of the industrial products company’s stock after buying an additional 420,140 shares during the period. First Trust Advisors LP’s holdings in Pentair were worth $105,844,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors have also recently made changes to their positions in the business. Annis Gardner Whiting Capital Advisors LLC grew its position in Pentair by 71.4% in the fourth quarter. Annis Gardner Whiting Capital Advisors LLC now owns 252 shares of the industrial products company’s stock worth $26,000 after acquiring an additional 105 shares in the last quarter. Wexford Capital LP purchased a new stake in Pentair during the 3rd quarter valued at $26,000. Motiv8 Investments LLC bought a new stake in Pentair in the fourth quarter worth $27,000. Aster Capital Management DIFC Ltd bought a new stake in Pentair in the fourth quarter worth $43,000. Finally, Park Square Financial Group LLC increased its position in Pentair by 502.8% during the fourth quarter. Park Square Financial Group LLC now owns 434 shares of the industrial products company’s stock valued at $44,000 after acquiring an additional 362 shares during the last quarter. Institutional investors own 92.37% of the company’s stock.

Analyst Ratings Changes

PNR has been the topic of several analyst reports. Wolfe Research downgraded shares of Pentair from an “outperform” rating to a “peer perform” rating in a report on Thursday, July 9th. Wall Street Zen downgraded shares of Pentair from a “buy” rating to a “hold” rating in a research note on Saturday, April 11th. Mizuho cut their target price on Pentair from $100.00 to $85.00 and set an “outperform” rating on the stock in a research note on Tuesday. Citigroup reduced their price target on Pentair from $112.00 to $106.00 and set a “buy” rating on the stock in a report on Wednesday, April 29th. Finally, Robert W. Baird decreased their price target on Pentair from $110.00 to $83.00 and set an “outperform” rating for the company in a research note on Wednesday, July 15th. Seven analysts have rated the stock with a Buy rating, six have assigned a Hold rating and three have given a Sell rating to the company. Based on data from MarketBeat, the company currently has an average rating of “Hold” and a consensus target price of $91.40.

Pentair Stock Up 1.4%

Shares of NYSE PNR opened at $62.94 on Friday. Pentair plc has a 12-month low of $57.60 and a 12-month high of $113.95. The stock’s fifty day simple moving average is $72.36 and its two-hundred day simple moving average is $86.20. The stock has a market capitalization of $10.17 billion, a PE 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 (NYSE:PNR) last posted its quarterly earnings data on Wednesday, April 29th. The industrial products company reported $1.22 EPS for the quarter, topping the consensus estimate of $1.17 by $0.05. Pentair had a net margin of 15.98% and a return on equity of 21.92%. The firm had revenue of $1.04 billion during the quarter, compared to analyst estimates of $1.03 billion. During the same quarter in the previous year, the business posted $1.11 EPS. Pentair’s revenue was up 2.6% on a year-over-year basis. As a group, analysts expect that Pentair plc will post 4.78 EPS for the current fiscal year.

Pentair Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Friday, August 7th. Shareholders of record on Friday, July 24th will be given 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 1.7%. 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

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.