Aberdeen Group plc Sells 518,682 Shares of Pentair plc $PNR

Key Points

• Aberdeen Group plc has significantly reduced its stake in Pentair plc by selling 518,682 shares, decreasing ownership to 183,021 shares, equivalent to 0.11% of the company, valued at approximately $15.86 million.
• The first quarter saw increased interest from other institutional investors, with firms like Neuberger Berman Group and Horizon Investments increasing their stakes in Pentair, indicating strong institutional support.
• Pentair reported earnings per share of $1.39 for the latest quarter, exceeding expectations, while analysts project a year-end EPS of 4.77 for the current fiscal year.

Aberdeen Group plc lessened its stake in Pentair plc (NYSE:PNR - Free Report) by 73.9% in the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 183,021 shares of the industrial products company's stock after selling 518,682 shares during the period. Aberdeen Group plc owned about 0.11% of Pentair worth $15,860,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently modified their holdings of the company. Parvin Asset Management LLC bought a new stake in shares of Pentair in the 4th quarter valued at about $25,000. Opal Wealth Advisors LLC bought a new position in Pentair during the 1st quarter valued at approximately $28,000. Colonial Trust Co SC raised its position in Pentair by 230.8% during the 4th quarter. Colonial Trust Co SC now owns 344 shares of the industrial products company's stock valued at $35,000 after purchasing an additional 240 shares during the last quarter. NBC Securities Inc. bought a new position in Pentair during the 1st quarter valued at approximately $33,000. Finally, North Capital Inc. bought a new position in Pentair during the 1st quarter valued at approximately $38,000. Institutional investors own 92.37% of the company's stock.

Pentair Stock Up 3.9%

PNR stock traded up $4.0520 on Friday, reaching $108.4920. 1,257,989 shares of the company traded hands, compared to its average volume of 1,523,228. Pentair plc has a one year low of $74.25 and a one year high of $110.71. 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 cap of $17.79 billion, a P/E ratio of 29.64, a price-to-earnings-growth ratio of 2.00 and a beta of 1.07. The firm has a fifty day simple moving average of $103.72 and a 200-day simple moving average of $95.81.

Pentair (NYSE:PNR - Get Free Report) last posted its quarterly earnings data on Tuesday, July 22nd. The industrial products company reported $1.39 earnings per share for the quarter, beating 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 company had revenue of $1.12 billion during the quarter, compared to analyst estimates of $1.12 billion. During the same quarter last year, the company earned $1.22 EPS. The firm's revenue for the quarter 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. Research analysts anticipate that Pentair plc will post 4.77 earnings per share for the current year.

Wall Street Analyst Weigh In

PNR has been the subject of a number of recent analyst reports. JPMorgan Chase & Co. upped their price target on Pentair from $113.00 to $116.00 and gave the company an "overweight" rating in a research report on Wednesday, July 23rd. Oppenheimer upped their price target on Pentair from $118.00 to $120.00 and gave the company an "outperform" rating in a research report on Wednesday, July 23rd. Bank of America lowered Pentair from a "neutral" rating to an "underperform" rating and lowered their price target for the company from $106.00 to $100.00 in a research report on Tuesday, July 29th. Citigroup reissued a "buy" rating and issued a $125.00 target price (up previously from $99.00) on shares of Pentair in a research report on Monday, July 14th. Finally, Robert W. Baird increased their target price on Pentair from $107.00 to $121.00 and gave the stock an "outperform" rating in a research report 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 assigned a Sell rating to the company. Based on data from MarketBeat.com, the company has an average rating of "Moderate Buy" and an average target price of $114.36.

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.