Laurel Wealth Advisors LLC Purchases 1,932 Shares of Pentair plc $PNR

Laurel Wealth Advisors LLC increased its position in shares of Pentair plc (NYSE:PNR) by 10,168.4% in the 2nd quarter, HoldingsChannel.com reports. The firm owned 1,951 shares of the industrial products company’s stock after purchasing an additional 1,932 shares during the quarter. Laurel Wealth Advisors LLC’s holdings in Pentair were worth $200,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors have also added to or reduced their stakes in PNR. Valeo Financial Advisors LLC bought a new position in Pentair during the 2nd quarter worth $102,945,000. Ameriprise Financial Inc. grew its stake in shares of Pentair by 373.8% in the first 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 in the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC increased its position in Pentair by 19.1% during the first 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 acquiring an additional 661,154 shares during the period. Amundi raised its stake in Pentair by 13.6% in the 1st 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. Finally, Invesco Ltd. raised its stake in Pentair by 16.5% in the 1st quarter. Invesco Ltd. now owns 3,829,985 shares of the industrial products company’s stock worth $335,047,000 after purchasing an additional 541,461 shares in the last quarter. 92.37% of the stock is currently owned by institutional investors.

Wall Street Analysts Forecast Growth

PNR has been the topic of a number of analyst reports. Robert W. Baird set a $130.00 target price on shares of Pentair in a research report on Wednesday, October 22nd. Barclays boosted their price target on Pentair from $125.00 to $127.00 and gave the company an “overweight” rating in a research note on Wednesday, October 22nd. JPMorgan Chase & Co. increased their price target on Pentair from $116.00 to $126.00 and gave the stock an “overweight” rating in a research report on Wednesday, October 15th. Oppenheimer raised their price objective on Pentair from $124.00 to $128.00 and gave the stock an “outperform” rating in a research note on Thursday, November 20th. Finally, Citigroup upped their target price on Pentair from $126.00 to $133.00 and gave the company a “buy” rating in a research report on Thursday, October 9th. Two research analysts have rated the stock with a Strong Buy rating, ten have given a Buy rating, three have issued a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average target price of $119.85.

Insider Buying and Selling

In other news, CFO Robert P. Fishman sold 7,786 shares of the stock in a transaction dated Friday, November 14th. The shares were sold at an average price of $105.42, for a total value of $820,800.12. Following the completion of the transaction, the chief financial officer owned 63,164 shares of the company’s stock, valued at approximately $6,658,748.88. This represents a 10.97% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Insiders own 1.10% of the company’s stock.

Pentair Stock Performance

Shares of NYSE:PNR opened at $105.24 on Friday. Pentair plc has a 1 year low of $74.25 and a 1 year high of $113.95. The stock has a market capitalization of $17.22 billion, a price-to-earnings ratio of 26.71, a price-to-earnings-growth ratio of 2.00 and a beta of 1.14. The company has a debt-to-equity ratio of 0.42, a current ratio of 1.46 and a quick ratio of 0.82. The company’s 50 day simple moving average is $108.04 and its 200 day simple moving average is $105.27.

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

Pentair Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, November 7th. Shareholders of record on Friday, October 24th were given a $0.25 dividend. This represents a $1.00 dividend on an annualized basis and a yield of 1.0%. The ex-dividend date was Friday, October 24th. Pentair’s payout ratio is currently 25.38%.

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.