Massachusetts Financial Services Co. MA Has $224.19 Million Stake in Pentair plc $PNR

Massachusetts Financial Services Co. MA increased its holdings in shares of Pentair plc (NYSE:PNR) by 6.5% in the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 2,183,831 shares of the industrial products company’s stock after buying an additional 133,057 shares during the period. Massachusetts Financial Services Co. MA’s holdings in Pentair were worth $224,192,000 at the end of the most recent quarter.

Several other large investors have also bought and sold shares of the business. Wealthfront Advisers LLC grew its holdings in Pentair by 44.3% during the 1st quarter. Wealthfront Advisers LLC now owns 3,724 shares of the industrial products company’s stock worth $326,000 after acquiring an additional 1,144 shares during the period. Larson Financial Group LLC boosted its position in shares of Pentair by 11.4% in the 1st quarter. Larson Financial Group LLC now owns 2,016 shares of the industrial products company’s stock worth $176,000 after purchasing an additional 207 shares during the last quarter. Victory Capital Management Inc. grew its stake in shares of Pentair by 1.0% during the first quarter. Victory Capital Management Inc. now owns 430,933 shares of the industrial products company’s stock worth $37,698,000 after purchasing an additional 4,461 shares during the period. IFP Advisors Inc grew its stake in shares of Pentair by 333.2% during the first quarter. IFP Advisors Inc now owns 1,473 shares of the industrial products company’s stock worth $129,000 after purchasing an additional 1,133 shares during the period. Finally, Teachers Retirement System of The State of Kentucky increased its holdings in Pentair by 0.5% in the first quarter. Teachers Retirement System of The State of Kentucky now owns 71,189 shares of the industrial products company’s stock valued at $6,228,000 after purchasing an additional 349 shares during the last quarter. 92.37% of the stock is currently owned by institutional investors and hedge funds.

Pentair Stock Performance

Shares of PNR opened at $104.12 on Monday. The firm has a market cap of $17.04 billion, a P/E ratio of 26.43, a PEG ratio of 2.00 and a beta of 1.14. Pentair plc has a twelve month low of $74.25 and a twelve month 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 firm’s 50 day moving average price is $109.35 and its two-hundred day moving average price is $104.63.

Pentair (NYSE:PNR) last issued its quarterly earnings data on Tuesday, October 21st. The industrial products company reported $1.24 EPS for the quarter, topping analysts’ consensus estimates of $1.18 by $0.06. The business had revenue of $1.02 billion for the quarter, compared to analyst estimates of $1 billion. Pentair had a net margin of 15.84% and a return on equity of 21.83%. The firm’s quarterly revenue was up 2.9% on a year-over-year basis. During the same period last year, the business posted $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. On average, analysts forecast that Pentair plc will post 4.77 EPS for the current fiscal year.

Pentair Dividend Announcement

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

Analyst Upgrades and Downgrades

PNR has been the subject of several analyst reports. Mizuho boosted their target price on Pentair from $118.00 to $122.00 and gave the stock an “outperform” rating in a research report on Wednesday, July 23rd. Stifel Nicolaus lifted their price objective on shares of Pentair from $104.00 to $124.00 and gave the stock a “buy” rating in a research note on Monday, July 21st. Wall Street Zen raised shares of Pentair from a “hold” rating to a “buy” rating in a research note on Saturday, July 26th. UBS Group increased their target price on shares of Pentair from $120.00 to $124.00 and gave the stock a “buy” rating in a report on Wednesday, October 22nd. Finally, TD Cowen lowered shares of Pentair from a “buy” rating to a “hold” rating and decreased their price target for the company from $115.00 to $110.00 in a report on Wednesday, July 23rd. Two analysts have rated the stock with a Strong Buy rating, eleven have assigned a Buy rating, three have issued a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat.com, Pentair presently has an average rating of “Moderate Buy” and a consensus target price of $119.93.

About Pentair

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.