Pentair (NYSE:PNR) Upgraded at Wall Street Zen

by · The Markets Daily

Wall Street Zen upgraded shares of Pentair (NYSE:PNR – Free Report) from a hold rating to a buy rating in a research note issued to investors on Sunday morning.

PNR has been the subject of several other research reports. Citigroup upped their price objective on shares of Pentair from $126.00 to $133.00 and gave the company a “buy” rating in a research note on Thursday, October 9th. UBS Group upped their price target on Pentair from $120.00 to $124.00 and gave the company a “buy” rating in a research report on Wednesday, October 22nd. Barclays cut Pentair from an “overweight” rating to an “equal weight” rating and cut their price target for the company from $127.00 to $115.00 in a report on Thursday, December 4th. Wolfe Research reissued an “outperform” rating and set a $135.00 price objective on shares of Pentair in a research note on Tuesday, December 9th. Finally, Oppenheimer upped their target price on Pentair from $124.00 to $128.00 and gave the company an “outperform” rating in a report on Thursday, November 20th. Two research analysts have rated the stock with a Strong Buy rating, eleven have issued a Buy rating, four have given a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat, Pentair presently has an average rating of “Moderate Buy” and an average price target of $121.07.

View Our Latest Research Report on Pentair

Pentair Stock Down 0.5%

Shares of PNR opened at $104.48 on Friday. The stock has a 50 day moving average price of $106.69 and a 200 day moving average price of $105.84. Pentair has a one year low of $74.25 and a one year high of $113.95. The company has a debt-to-equity ratio of 0.42, a quick ratio of 0.82 and a current ratio of 1.46. The stock has a market capitalization of $17.10 billion, a price-to-earnings ratio of 26.52, a PEG ratio of 2.03 and a beta of 1.21.

Pentair (NYSE:PNR – Get Free Report) last announced its earnings results on Tuesday, October 21st. The industrial products company reported $1.24 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.18 by $0.06. Pentair had a net margin of 15.84% and a return on equity of 21.83%. The company had revenue of $1.02 billion for the quarter, compared to analysts’ expectations of $1 billion. During the same quarter in the previous year, the company posted $1.09 EPS. The firm’s quarterly revenue was up 2.9% on a year-over-year basis. Pentair has set its Q4 2025 guidance at 1.110-1.160 EPS and its FY 2025 guidance at 4.850-4.900 EPS. Equities research analysts forecast that Pentair will post 4.77 earnings per share for the current fiscal year.

Pentair Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Friday, February 6th. Stockholders of record on Friday, January 23rd will be issued a dividend of $0.27 per share. The ex-dividend date is Friday, January 23rd. This represents a $1.08 dividend on an annualized basis and a dividend yield of 1.0%. This is a boost from Pentair’s previous quarterly dividend of $0.25. Pentair’s dividend payout ratio (DPR) is currently 25.38%.

Insider Transactions at Pentair

In other Pentair news, Director T Michael Glenn sold 6,558 shares of Pentair stock in a transaction dated Monday, December 1st. The shares were sold at an average price of $104.33, for a total transaction of $684,196.14. Following the completion of the sale, the director directly owned 31,192 shares in the company, valued at $3,254,261.36. This trade represents a 17.37% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, CFO Robert P. Fishman sold 7,786 shares of the business’s stock in a transaction that occurred on Friday, November 14th. The shares were sold at an average price of $105.42, for a total transaction of $820,800.12. Following the completion of the sale, the chief financial officer directly owned 63,164 shares in the company, valued at $6,658,748.88. This trade represents a 10.97% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. 1.45% of the stock is currently owned by company insiders.

Institutional Trading of Pentair

Several institutional investors have recently added to or reduced their stakes in the stock. Hudson Bay Capital Management LP boosted its position in shares of Pentair by 38.2% during the third quarter. Hudson Bay Capital Management LP now owns 132,134 shares of the industrial products company’s stock worth $14,635,000 after buying an additional 36,498 shares during the period. Allworth Financial LP lifted its stake in Pentair by 138.4% during the 3rd quarter. Allworth Financial LP now owns 1,764 shares of the industrial products company’s stock worth $195,000 after acquiring an additional 1,024 shares in the last quarter. Investment Research Partners LLC acquired a new position in Pentair during the 3rd quarter worth about $301,000. CIBC Bancorp USA Inc. purchased a new position in Pentair during the 3rd quarter valued at about $2,507,000. Finally, Achmea Investment Management B.V. grew its position in Pentair by 86.9% in the 3rd quarter. Achmea Investment Management B.V. now owns 140,720 shares of the industrial products company’s stock valued at $15,586,000 after acquiring an additional 65,425 shares in the last quarter. Institutional investors and hedge funds own 92.37% of the company’s stock.

Pentair Company Profile

(Get Free Report)

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.

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