Pentair plc $PNR Shares Bought by Great Lakes Advisors LLC

Great Lakes Advisors LLC lifted its holdings in Pentair plc (NYSE:PNR) by 28.9% in the 1st quarter, Holdings Channel.com reports. The fund owned 130,004 shares of the industrial products company’s stock after buying an additional 29,150 shares during the quarter. Great Lakes Advisors LLC’s holdings in Pentair were worth $11,373,000 at the end of the most recent quarter.

Several other large investors also recently made changes to their positions in PNR. Cetera Investment Advisers increased its position in shares of Pentair by 12.3% in the fourth quarter. Cetera Investment Advisers now owns 65,634 shares of the industrial products company’s stock worth $6,605,000 after acquiring an additional 7,183 shares in the last quarter. Ethic Inc. boosted its stake in shares of Pentair by 7.7% in the fourth quarter. Ethic Inc. now owns 22,991 shares of the industrial products company’s stock valued at $2,314,000 after purchasing an additional 1,649 shares during the period. Ensign Peak Advisors Inc boosted its stake in shares of Pentair by 3.1% in the fourth quarter. Ensign Peak Advisors Inc now owns 85,373 shares of the industrial products company’s stock valued at $8,592,000 after purchasing an additional 2,575 shares during the period. Focus Partners Wealth boosted its stake in shares of Pentair by 29.9% in the fourth quarter. Focus Partners Wealth now owns 9,128 shares of the industrial products company’s stock valued at $942,000 after purchasing an additional 2,101 shares during the period. Finally, Hudson Bay Capital Management LP boosted its stake in shares of Pentair by 9.3% in the fourth quarter. Hudson Bay Capital Management LP now owns 106,134 shares of the industrial products company’s stock valued at $10,681,000 after purchasing an additional 9,009 shares during the period. Institutional investors and hedge funds own 92.37% of the company’s stock.

Wall Street Analysts Forecast Growth

Several brokerages have recently weighed in on PNR. Bank of America downgraded shares of Pentair from a “neutral” rating to an “underperform” rating and decreased their target price for the company from $106.00 to $100.00 in a research note on Tuesday, July 29th. TD Cowen downgraded shares of Pentair from a “buy” rating to a “hold” rating and decreased their target price for the company from $115.00 to $110.00 in a research note on Wednesday, July 23rd. Wall Street Zen upgraded shares of Pentair from a “hold” rating to a “buy” rating in a research note on Saturday, July 26th. Stifel Nicolaus upped their target price on shares of Pentair from $104.00 to $124.00 and gave the company a “buy” rating in a research note on Monday, July 21st. Finally, Oppenheimer increased their price objective on shares of Pentair from $118.00 to $120.00 and gave the company an “outperform” rating in a research note on Wednesday, July 23rd. Two equities research analysts have rated the stock with a Strong Buy rating, ten have issued 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, the company currently has a consensus rating of “Moderate Buy” and an average price target of $114.36.

Pentair Trading Up 0.1%

NYSE PNR opened at $110.71 on Tuesday. Pentair plc has a 12 month low of $74.25 and a 12 month high of $111.80. The company has a debt-to-equity ratio of 0.38, a current ratio of 1.45 and a quick ratio of 0.84. The company has a market capitalization of $18.15 billion, a price-to-earnings ratio of 30.25, a price-to-earnings-growth ratio of 2.12 and a beta of 1.08. The company’s fifty day moving average price is $105.71 and its two-hundred day moving average price is $96.68.

Pentair (NYSE:PNR) last posted its quarterly earnings data on Tuesday, July 22nd. The industrial products company reported $1.39 EPS for the quarter, beating analysts’ consensus estimates of $1.33 by $0.06. Pentair had a net margin of 14.86% and a return on equity of 21.62%. The firm had revenue of $1.12 billion for the quarter, compared to the consensus estimate of $1.12 billion. During the same period in the prior year, the firm posted $1.22 EPS. The firm’s revenue was up 2.2% compared to the same quarter last year. Pentair has set its Q3 2025 guidance at 1.160-1.20 EPS. FY 2025 guidance at 4.750-4.85 EPS. As a group, research analysts predict that Pentair plc will post 4.77 earnings per share for the current fiscal year.

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.