Pentair (NYSE:PNR) Price Target Raised to $124.00

Pentair (NYSE:PNR) had its price objective raised by Oppenheimer from $120.00 to $124.00 in a research note released on Monday morning,Benzinga reports. They currently have an outperform rating on the industrial products company’s stock.

Other equities analysts have also issued research reports about the stock. Mizuho upped their price target on shares of Pentair from $118.00 to $122.00 and gave the stock an “outperform” rating in a research report on Wednesday, July 23rd. JPMorgan Chase & Co. increased their target price on Pentair from $116.00 to $126.00 and gave the stock an “overweight” rating in a research report on Wednesday, October 15th. Weiss Ratings reissued a “buy (b-)” rating on shares of Pentair in a research report on Wednesday, October 8th. Barclays raised their price objective on Pentair from $117.00 to $125.00 and gave the stock an “overweight” rating in a report on Wednesday, October 1st. Finally, Wall Street Zen upgraded Pentair from a “hold” rating to a “buy” rating in a report on Saturday, July 26th. Two investment analysts have rated the stock with a Strong Buy rating, eleven have given a Buy rating, three have assigned a Hold rating and one has issued a Sell rating to the company. According to MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $119.93.

Pentair Stock Up 0.4%

PNR stock opened at $109.42 on Monday. The company has a 50 day moving average price of $109.25 and a two-hundred day moving average price of $101.35. The company has a debt-to-equity ratio of 0.38, a quick ratio of 0.84 and a current ratio of 1.45. The stock has a market capitalization of $17.94 billion, a P/E ratio of 27.77, a PEG ratio of 2.06 and a beta of 1.10. Pentair has a one year low of $74.25 and a one year high of $113.95.

Pentair (NYSE:PNR) last posted its quarterly earnings data 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. The business had revenue of $1.02 billion for the quarter, compared to analysts’ expectations of $1 billion. Pentair had a return on equity of 22.07% and a net margin of 15.84%.The business’s revenue was up 2.9% on a year-over-year basis. During the same quarter last year, the firm earned $1.09 earnings per share. Pentair has set its Q4 2025 guidance at 1.110-1.160 EPS. FY 2025 guidance at 4.850-4.900 EPS. As a group, sell-side analysts expect that Pentair will post 4.77 EPS for the current year.

Pentair Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Friday, November 7th. Stockholders of record on Friday, October 24th will be given a dividend of $0.25 per share. This represents a $1.00 dividend on an annualized basis and a dividend yield of 0.9%. The ex-dividend date of this dividend is Friday, October 24th. Pentair’s payout ratio is presently 25.38%.

Institutional Investors Weigh In On Pentair

Hedge funds have recently bought and sold shares of the business. Valeo Financial Advisors LLC purchased a new position in shares of Pentair during the 2nd quarter valued at approximately $102,945,000. Ameriprise Financial Inc. boosted its stake in Pentair by 373.8% during the 1st quarter. Ameriprise Financial Inc. now owns 1,137,682 shares of the industrial products company’s stock valued at $99,523,000 after acquiring an additional 897,585 shares during the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC increased its position in shares of Pentair by 19.1% in the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 4,129,805 shares of the industrial products company’s stock worth $361,275,000 after purchasing an additional 661,154 shares during the last quarter. Pacer Advisors Inc. raised its stake in shares of Pentair by 4,231.6% in the 1st quarter. Pacer Advisors Inc. now owns 622,185 shares of the industrial products company’s stock valued at $54,429,000 after purchasing an additional 607,821 shares in the last quarter. Finally, Amundi grew its stake in Pentair by 13.6% in the first quarter. Amundi now owns 4,974,612 shares of the industrial products company’s stock worth $412,033,000 after purchasing an additional 594,989 shares in the last quarter. Institutional investors and hedge funds own 92.37% of the company’s stock.

Pentair Company Profile

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.