ELCO Management Co. LLC Increases Stock Position in Pentair plc $PNR

ELCO Management Co. LLC boosted its stake in Pentair plc (NYSE:PNR) by 23.0% in the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 3,892 shares of the industrial products company’s stock after acquiring an additional 727 shares during the period. ELCO Management Co. LLC’s holdings in Pentair were worth $400,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently bought and sold shares of the stock. Sumitomo Mitsui DS Asset Management Company Ltd lifted its position in Pentair by 0.5% in the second quarter. Sumitomo Mitsui DS Asset Management Company Ltd now owns 19,965 shares of the industrial products company’s stock valued at $2,050,000 after acquiring an additional 108 shares during the last quarter. Horizon Investments LLC lifted its position in Pentair by 4.8% in the first quarter. Horizon Investments LLC now owns 2,372 shares of the industrial products company’s stock valued at $207,000 after acquiring an additional 109 shares during the last quarter. Brooklyn Investment Group lifted its position in Pentair by 14.8% in the first quarter. Brooklyn Investment Group now owns 847 shares of the industrial products company’s stock valued at $74,000 after acquiring an additional 109 shares during the last quarter. Leavell Investment Management Inc. lifted its position in Pentair by 2.8% in the second quarter. Leavell Investment Management Inc. now owns 4,088 shares of the industrial products company’s stock valued at $420,000 after acquiring an additional 112 shares during the last quarter. Finally, Strategic Blueprint LLC lifted its position in Pentair by 2.3% in the first quarter. Strategic Blueprint LLC now owns 5,521 shares of the industrial products company’s stock valued at $483,000 after acquiring an additional 123 shares during the last quarter. 92.37% of the stock is owned by hedge funds and other institutional investors.

Pentair Trading Down 0.1%

Shares of Pentair stock opened at $109.02 on Wednesday. Pentair plc has a 52-week low of $74.25 and a 52-week high of $113.95. The company has a quick ratio of 0.82, a current ratio of 1.46 and a debt-to-equity ratio of 0.42. The company’s 50-day simple moving average is $109.54 and its 200-day simple moving average is $102.49. The firm has a market cap of $17.84 billion, a price-to-earnings ratio of 27.67, a price-to-earnings-growth ratio of 2.03 and a beta of 1.10.

Pentair (NYSE:PNR) last issued its quarterly earnings results on Tuesday, October 21st. The industrial products company reported $1.24 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.18 by $0.06. Pentair had a net margin of 15.84% and a return on equity of 21.83%. The business had revenue of $1.02 billion for the quarter, compared to analyst estimates of $1 billion. During the same period in the previous year, the business posted $1.09 earnings per share. The business’s revenue was up 2.9% compared to the same quarter last year. 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, equities research analysts anticipate that Pentair plc will post 4.77 earnings per share for the current year.

Pentair Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Friday, November 7th. Stockholders of record on Friday, October 24th will be paid 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 is Friday, October 24th. Pentair’s payout ratio is 25.38%.

Wall Street Analyst Weigh In

A number of equities research analysts recently weighed in on the stock. Citigroup boosted their price target on shares of Pentair from $126.00 to $133.00 and gave the company a “buy” rating in a research report on Thursday, October 9th. Wall Street Zen raised shares of Pentair from a “hold” rating to a “buy” rating in a report on Saturday, July 26th. TD Cowen cut shares of Pentair from a “buy” rating to a “hold” rating and reduced their target price for the company from $115.00 to $110.00 in a report on Wednesday, July 23rd. Weiss Ratings reaffirmed a “buy (b-)” rating on shares of Pentair in a report on Wednesday, October 8th. Finally, Oppenheimer upped their target price on shares of Pentair from $120.00 to $124.00 and gave the company an “outperform” rating in a report on Monday, October 20th. Two research analysts have rated the stock with a Strong Buy rating, eleven have given a Buy rating, three have issued a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $119.93.

Pentair 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.