3,238 Shares in Pentair plc $PNR Acquired by Chicago Partners Investment Group LLC

Key Points

• Chicago Partners Investment Group LLC purchased 3,238 shares of Pentair plc for approximately $336,000 in the second quarter, highlighting increasing interest in the company's stock among institutional investors.
• Several analysts have raised their price targets for Pentair, with Mizuho targeting $122.00 and JPMorgan boosting it to $126.00, indicating growing confidence in the stock's performance.
• Pentair recently announced a quarterly dividend of $0.25 per share, which will be distributed on November 7th, contributing to its annualized dividend yield of 0.9%.

Chicago Partners Investment Group LLC bought a new position in Pentair plc (NYSE:PNR - Free Report) during the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm bought 3,238 shares of the industrial products company's stock, valued at approximately $336,000.

Several other hedge funds have also modified their holdings of PNR. Horizon Financial Services LLC acquired a new stake in shares of Pentair in the first quarter worth approximately $38,000. North Capital Inc. acquired a new stake in shares of Pentair in the first quarter worth approximately $38,000. Garde Capital Inc. acquired a new stake in shares of Pentair in the second quarter worth approximately $41,000. North Star Investment Management Corp. boosted its position in shares of Pentair by 91.5% in the second quarter. North Star Investment Management Corp. now owns 404 shares of the industrial products company's stock worth $41,000 after acquiring an additional 193 shares during the last quarter. Finally, Brooklyn Investment Group lifted its position in Pentair by 14.8% during the first quarter. Brooklyn Investment Group now owns 847 shares of the industrial products company's stock valued at $74,000 after buying an additional 109 shares in the last quarter. 92.37% of the stock is owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

PNR has been the subject of several research reports. Mizuho boosted their price objective on shares of Pentair from $118.00 to $122.00 and gave the stock an "outperform" rating in a research note on Wednesday, July 23rd. JPMorgan Chase & Co. boosted their price objective on shares of Pentair from $116.00 to $126.00 and gave the stock an "overweight" rating in a research note on Wednesday, October 15th. Oppenheimer increased their price target on Pentair from $120.00 to $124.00 and gave the company an "outperform" rating in a report on Monday. Wall Street Zen upgraded Pentair from a "hold" rating to a "buy" rating in a report on Saturday, July 26th. Finally, Royal Bank Of Canada increased their price target on Pentair from $121.00 to $124.00 and gave the company an "outperform" rating in a report on Wednesday. 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 assigned a Sell rating to the company's stock. According to data from MarketBeat.com, the company presently has a consensus rating of "Moderate Buy" and an average target price of $119.93.

Pentair Trading Up 1.4%

NYSE PNR opened at $110.84 on Friday. The company's fifty day simple moving average is $109.33 and its 200-day simple moving average is $101.58. Pentair plc has a 52 week low of $74.25 and a 52 week high of $113.95. The company has a current ratio of 1.46, a quick ratio of 0.84 and a debt-to-equity ratio of 0.42. The stock has a market cap of $18.14 billion, a P/E ratio of 28.13, a PEG ratio of 2.06 and a beta of 1.10.

Pentair (NYSE:PNR - Get Free Report) last posted its earnings results 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. 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 analysts' expectations of $1 billion. During the same period in the previous year, the company posted $1.09 earnings per share. The business's revenue for the quarter 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. Equities research analysts predict that Pentair plc will post 4.77 EPS for the current fiscal year.

Pentair Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Friday, November 7th. Stockholders of record on Friday, October 24th will be given 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 of this dividend is Friday, October 24th. Pentair's payout ratio is presently 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.

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