2,393 Shares in Pentair plc $PNR Purchased by Inspire Investing LLC

Key Points

• Inspire Investing LLC purchased 2,393 shares of Pentair plc, valued at approximately $246,000, during the second quarter.
• Investment analysts have mixed ratings for Pentair, with TD Cowen downgrading the stock from "buy" to "hold," while others, like Stifel Nicolaus and JPMorgan, have raised their price targets.
• Pentair declared a quarterly dividend of $0.25 per share, representing an annualized dividend yield of 0.9%, with the payout set for November 7th.

Inspire Investing LLC bought a new stake in Pentair plc (NYSE:PNR - Free Report) during the 2nd quarter, according to its most recent Form 13F filing with the SEC. The firm bought 2,393 shares of the industrial products company's stock, valued at approximately $246,000.

Several other hedge funds and other institutional investors also recently made changes to their positions in PNR. Valeo Financial Advisors LLC acquired a new stake in shares of Pentair during the 2nd quarter worth approximately $102,945,000. Ameriprise Financial Inc. lifted its stake in Pentair by 373.8% during the first quarter. Ameriprise Financial Inc. now owns 1,137,682 shares of the industrial products company's stock worth $99,523,000 after purchasing an additional 897,585 shares during the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC lifted its stake 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 purchasing an additional 661,154 shares during the last quarter. Pacer Advisors Inc. boosted its holdings 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 increased its stake in shares of Pentair by 13.6% in the 1st quarter. Amundi now owns 4,974,612 shares of the industrial products company's stock valued at $412,033,000 after purchasing an additional 594,989 shares during the last quarter. 92.37% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

Several analysts recently weighed in on PNR shares. TD Cowen downgraded Pentair from a "buy" rating to a "hold" rating and dropped their price objective for the stock from $115.00 to $110.00 in a research report on Wednesday, July 23rd. Stifel Nicolaus boosted their target price on 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 upgraded shares of Pentair from a "hold" rating to a "buy" rating in a research note on Saturday, July 26th. JPMorgan Chase & Co. lifted their price target on shares of Pentair from $116.00 to $126.00 and gave the company an "overweight" rating in a report on Wednesday. Finally, Citigroup increased their price objective on shares of Pentair from $126.00 to $133.00 and gave the company a "buy" rating in a research note on Thursday, October 9th. Two investment analysts have rated the stock with a Strong Buy rating, eleven have assigned a Buy rating, three have assigned a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat.com, the stock currently has a consensus rating of "Moderate Buy" and an average price target of $116.21.

Pentair Price Performance

Shares of NYSE PNR opened at $108.82 on Friday. The company has a market capitalization of $17.84 billion, a PE ratio of 29.73, a P/E/G ratio of 2.06 and a beta of 1.10. The company has a quick ratio of 0.84, a current ratio of 1.45 and a debt-to-equity ratio of 0.38. Pentair plc has a twelve month low of $74.25 and a twelve month high of $113.95. The firm has a fifty day simple moving average of $109.05 and a 200 day simple moving average of $100.81.

Pentair (NYSE:PNR - Get Free Report) last issued its quarterly earnings results on Tuesday, July 22nd. The industrial products company reported $1.39 earnings per share for the quarter, topping analysts' consensus estimates of $1.33 by $0.06. Pentair had a return on equity of 21.62% and a net margin of 14.86%.The firm had revenue of $1.12 billion during the quarter, compared to the consensus estimate of $1.12 billion. During the same period last year, the business posted $1.22 EPS. The business'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. On average, sell-side analysts forecast that Pentair plc will post 4.77 EPS for the current year.

Pentair Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Friday, November 7th. Shareholders of record on Friday, October 24th will be issued 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 dividend payout ratio is presently 27.32%.

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.

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