Oppenheimer & Co. Inc. Makes New $3.74 Million Investment in Pentair plc $PNR

Oppenheimer & Co. Inc. purchased a new position in shares of Pentair plc (NYSE:PNR) in the third quarter, Holdings Channel.com reports. The fund purchased 70,637 shares of the industrial products company’s stock, valued at approximately $3,743,000.

Other institutional investors and hedge funds have also modified their holdings of the company. Apollon Wealth Management LLC acquired a new stake in Pentair in the third quarter valued at about $219,000. Sigma Planning Corp acquired a new position in Pentair during the third quarter worth about $641,000. Robeco Schweiz AG acquired a new position in Pentair during the third quarter worth about $27,859,000. Signaturefd LLC acquired a new position in Pentair during the third quarter worth about $265,000. Finally, Evergreen Capital Management LLC bought a new position in shares of Pentair in the third quarter worth about $419,000. 92.37% of the stock is currently owned by institutional investors.

More Pentair News

Here are the key news stories impacting Pentair this week:

• Positive Sentiment: Pentair reported third-quarter adjusted EPS of $1.18, above the $1.07 analyst consensus, while revenue of $976.4 million also exceeded expectations of $963.7 million. Management reaffirmed its full-year outlook, providing investors with greater confidence despite year-over-year revenue pressure. Pentair Q3 2026 Earnings
• Positive Sentiment: The earnings call highlighted continued momentum from Taco, which is helping offset “pool pains” and supports Pentair’s longer-term strategic growth rationale. Pentair Earnings Call: Pool Pains, Taco Gains
• Positive Sentiment: Royal Bank of Canada raised its price target from $61 to $69 while maintaining a Sector Perform rating. The increase suggests improved expectations following the earnings report, even though RBC does not currently see a strong catalyst for outperformance. RBC Raises Pentair Price Target
• Positive Sentiment: Some analysts have shifted away from bearish views, with one upgrade to Neutral and a $65 target. Commentary also portrays Pentair as a potential beneficiary of data-center and artificial-intelligence infrastructure spending through demand for water-management equipment, although that thesis remains largely an analyst narrative rather than company guidance. Pentair Analyst Upgrade

Wall Street Analyst Weigh In

A number of equities research analysts have recently weighed in on the stock. Zacks Research upgraded shares of Pentair from a “strong sell” rating to a “hold” rating in a research note on Wednesday, October 7th. Citigroup upped their price objective on shares of Pentair from $69.00 to $74.00 and gave the stock a “buy” rating in a research report on Wednesday. TD Cowen upgraded shares of Pentair from a “sell” rating to a “hold” rating and lowered their price objective for the stock from $65.00 to $55.00 in a research report on Wednesday, October 14th. BNP Paribas Exane raised shares of Pentair from an “underperform” rating to a “neutral” rating and set a $65.00 price objective for the company in a research note on Wednesday. Finally, Seaport Research Partners lowered shares of Pentair from a “buy” rating to a “neutral” rating in a research report on Wednesday, July 15th. One analyst has rated the stock with a Strong Buy rating, seven have issued a Buy rating, seven have given a Hold rating and two have issued a Sell rating to the company. Based on data from MarketBeat.com, Pentair presently has a consensus rating of “Hold” and a consensus target price of $76.59.

Pentair Trading Up 2.2%

Shares of PNR stock opened at $65.80 on Friday. The firm has a market capitalization of $10.51 billion, a P/E ratio of 17.45, a P/E/G ratio of 1.62 and a beta of 1.04. Pentair plc has a twelve month low of $51.13 and a twelve month high of $109.89. The company has a quick ratio of 0.76, a current ratio of 1.47 and a debt-to-equity ratio of 0.38. The stock’s fifty day simple moving average is $56.70 and its 200 day simple moving average is $76.63.

Pentair (NYSE:PNR) last issued its earnings results on Tuesday, October 27th. The industrial products company reported $1.18 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.07 by $0.11. The business had revenue of $976.40 million during the quarter, compared to analysts’ expectations of $963.71 million. Pentair had a return on equity of 20.10% and a net margin of 15.44%. The business’s revenue for the quarter was down 4.5% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $1.24 EPS. As a group, sell-side analysts predict that Pentair plc will post 4.70 EPS for the current fiscal year.

Pentair Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Friday, November 6th. Stockholders of record on Friday, October 23rd will be issued a dividend of $0.27 per share. This represents a $1.08 annualized dividend and a dividend yield of 1.6%. The ex-dividend date is Friday, October 23rd. Pentair’s payout ratio is 27.14%.

Pentair Profile

Pentair plc (NYSE: PNR) is a water treatment and management company that designs and manufactures products and systems for residential, commercial, industrial, and recreational applications. Its offerings include water filtration, softening, and purification systems; pumps, valves, controls, and related equipment; and solutions that help customers manage water quality, flow, and conservation.

The company also serves the swimming pool and spa market through equipment such as pumps, filters, heaters, lighting, automation systems, and water-treatment products.