Aberdeen Group plc Purchases 30,144 Shares of Pentair plc $PNR

Aberdeen Group plc boosted its position in Pentair plc (NYSE:PNR - Free Report) by 16.5% during the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 213,165 shares of the industrial products company's stock after acquiring an additional 30,144 shares during the quarter. Aberdeen Group plc owned 0.13% of Pentair worth $21,884,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other large investors have also added to or reduced their stakes in PNR. GAMMA Investing LLC raised its position in Pentair by 14.0% during the first quarter. GAMMA Investing LLC now owns 3,964 shares of the industrial products company's stock valued at $347,000 after purchasing an additional 487 shares in the last quarter. Fifth Third Bancorp grew its stake in shares of Pentair by 6.6% during the first quarter. Fifth Third Bancorp now owns 4,075 shares of the industrial products company's stock valued at $356,000 after buying an additional 253 shares during the last quarter. Opal Wealth Advisors LLC bought a new position in shares of Pentair during the first quarter valued at about $28,000. Ritholtz Wealth Management grew its stake in shares of Pentair by 44.7% during the first quarter. Ritholtz Wealth Management now owns 3,031 shares of the industrial products company's stock valued at $265,000 after buying an additional 937 shares during the last quarter. Finally, Exchange Traded Concepts LLC grew its stake in shares of Pentair by 35.0% during the first quarter. Exchange Traded Concepts LLC now owns 30,770 shares of the industrial products company's stock valued at $2,692,000 after buying an additional 7,977 shares during the last quarter. Hedge funds and other institutional investors own 92.37% of the company's stock.

Wall Street Analyst Weigh In

A number of research analysts have recently issued reports on PNR shares. JPMorgan Chase & Co. raised their price objective on Pentair from $113.00 to $116.00 and gave the company an "overweight" rating in a research note on Wednesday, July 23rd. Wall Street Zen raised Pentair from a "hold" rating to a "buy" rating in a research note on Saturday, July 26th. Oppenheimer raised their target price on Pentair from $118.00 to $120.00 and gave the stock an "outperform" rating in a research note on Wednesday, July 23rd. Barclays raised their target price on Pentair from $117.00 to $125.00 and gave the stock an "overweight" rating in a research note on Wednesday, October 1st. Finally, Mizuho raised their target price on Pentair from $118.00 to $122.00 and gave the stock an "outperform" rating in a research note on Wednesday, July 23rd. Two research analysts have rated the stock with a Strong Buy rating, eleven have given a Buy rating, three have assigned a Hold rating and one has given a Sell rating to the company's stock. According to data from MarketBeat, the company currently has an average rating of "Moderate Buy" and an average price target of $115.50.

Pentair Price Performance

PNR stock opened at $108.83 on Tuesday. The firm has a 50 day moving average price of $108.52 and a 200-day moving average price of $100.38. Pentair plc has a 52-week low of $74.25 and a 52-week high of $113.95. The firm has a market capitalization of $17.84 billion, a price-to-earnings ratio of 29.74, a PEG ratio of 2.05 and a beta of 1.10. The company has a debt-to-equity ratio of 0.38, a quick ratio of 0.84 and a current ratio of 1.45.

Pentair (NYSE:PNR - Get Free Report) last released its earnings results on Tuesday, July 22nd. The industrial products company reported $1.39 earnings per share (EPS) for the quarter, beating the consensus estimate 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 during the quarter, compared to analyst estimates of $1.12 billion. During the same period last year, the business earned $1.22 earnings per share. The business's revenue was up 2.2% on a year-over-year basis. Pentair has set its Q3 2025 guidance at 1.160-1.20 EPS. FY 2025 guidance at 4.750-4.85 EPS. Equities research analysts forecast that Pentair plc will post 4.77 EPS for the current fiscal year.

Pentair Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Friday, November 7th. Investors of record on Friday, October 24th will be issued a $0.25 dividend. This represents a $1.00 dividend on an annualized basis and a yield of 0.9%. The ex-dividend date is Friday, October 24th. Pentair's payout ratio is presently 27.32%.

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.

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