Ancora Advisors LLC Buys New Stake in Pentair plc $PNR

Key Points

• Ancora Advisors initiated a Pentair position by purchasing 29,688 shares valued at approximately $2.28 million. Institutional investors collectively own 92.37% of PNR.
• Pentair reported quarterly EPS of $1.14, slightly above expectations, but revenue fell 17% year over year to $932.6 million and missed estimates.
• Analyst sentiment is mixed, with Pentair carrying a consensus “Hold” rating and an average price target of $89.94. The company also faces securities litigation allegations related to undisclosed Pool segment destocking; these claims remain unproven.

Ancora Advisors LLC purchased a new position in shares of Pentair plc (NYSE:PNR - Free Report) during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 29,688 shares of the industrial products company's stock, valued at approximately $2,276,000.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in PNR. Sivia Capital Partners LLC acquired a new stake in shares of Pentair during the 2nd quarter valued at about $222,000. American Century Companies Inc. increased its stake in shares of Pentair by 5.8% in the 2nd quarter. American Century Companies Inc. now owns 9,350 shares of the industrial products company's stock valued at $960,000 after purchasing an additional 513 shares in the last quarter. Cerity Partners LLC raised its holdings in Pentair by 27.2% in the 2nd quarter. Cerity Partners LLC now owns 53,959 shares of the industrial products company's stock worth $5,539,000 after purchasing an additional 11,523 shares during the period. Sei Investments Co. raised its holdings in Pentair by 54.7% in the 2nd quarter. Sei Investments Co. now owns 76,469 shares of the industrial products company's stock worth $7,850,000 after purchasing an additional 27,053 shares during the period. Finally, Treasurer of the State of North Carolina boosted its position in Pentair by 101.8% during the second quarter. Treasurer of the State of North Carolina now owns 338,368 shares of the industrial products company's stock worth $34,737,000 after purchasing an additional 170,707 shares in the last quarter. Institutional investors and hedge funds own 92.37% of the company's stock.

Pentair Stock Performance

NYSE:PNR opened at $62.89 on Thursday. The company has a market cap of $10.04 billion, a P/E ratio of 15.80, a P/E/G ratio of 1.59 and a beta of 1.04. Pentair plc has a twelve month low of $57.60 and a twelve month high of $113.95. The company's 50-day moving average price is $69.05 and its 200-day moving average price is $79.89. The company has a current ratio of 1.45, a quick ratio of 0.76 and a debt-to-equity ratio of 0.43.

Pentair (NYSE:PNR - Get Free Report) last issued its earnings results on Wednesday, July 29th. The industrial products company reported $1.14 earnings per share for the quarter, topping the consensus estimate of $1.12 by $0.02. Pentair had a return on equity of 20.62% and a net margin of 16.24%.The business had revenue of $932.60 million for the quarter, compared to analysts' expectations of $943.24 million. During the same period in the previous year, the firm posted $1.39 EPS. The business's revenue for the quarter was down 17.0% compared to the same quarter last year. On average, sell-side analysts forecast that Pentair plc will post 4.64 earnings per share for the current fiscal year.

More Pentair News

Here are the key news stories impacting Pentair this week:

• Positive Sentiment: No direct positive company-specific catalyst was reported in the latest articles. The stock’s modest increase suggests investors may be treating the announcements as procedural and already partly reflected in the share price.
• Neutral Sentiment: Multiple firms—including Rosen, Kaplan Fox, Faruqi & Faruqi, Robbins, and Hagens Berman—are reminding investors of the October 2, 2026 deadline to seek appointment as lead plaintiff. The notices cover investors who purchased Pentair securities during varying class periods, most commonly April 28 through July 14, 2026; some expanded periods begin in March 2025. Rosen Pentair investor notice
• Negative Sentiment: The lawsuit alleges Pentair misrepresented or failed to disclose significant Pool channel destocking. One notice claims the Pool segment absorbed approximately $250 million in lost sales and $155 million in lost income while investors were told full-year sales would increase. These are allegations and have not been proven in court. Levi & Korsinsky Pentair class action notice
• Negative Sentiment: The legal campaign follows an alleged $11.35 single-session decline in Pentair’s shares after the market learned more about the destocking issue. If the case advances, potential litigation costs, management distraction, reputational damage, and possible investor compensation could weigh on valuation. Faruqi & Faruqi Pentair lawsuit notice

Wall Street Analysts Forecast Growth

A number of research analysts have recently issued reports on PNR shares. Robert W. Baird decreased their target price on Pentair from $83.00 to $80.00 and set an "outperform" rating on the stock in a research report on Wednesday, July 29th. Zacks Research lowered shares of Pentair from a "hold" rating to a "strong sell" rating in a report on Wednesday, August 12th. Deutsche Bank Aktiengesellschaft restated a "buy" rating and set a $81.00 price objective on shares of Pentair in a research report on Monday, July 27th. Weiss Ratings downgraded shares of Pentair from a "hold (c)" rating to a "hold (c-)" rating in a report on Monday, August 3rd. Finally, BNP Paribas Exane reiterated an "underperform" rating and issued a $64.00 target price (down from $75.00) on shares of Pentair in a research report on Thursday, July 16th. Eight research analysts have rated the stock with a Buy rating, six have issued a Hold rating and four have given a Sell rating to the company. Based on data from MarketBeat, Pentair presently has an average rating of "Hold" and a consensus price target of $89.94.

Pentair Profile

Pentair plc NYSE: PNR is a global provider of water treatment and fluid management solutions. The company designs, manufactures and sells a broad range of products that move, treat, monitor and control the flow of water and other fluids across residential, commercial, industrial and municipal markets. Pentair's offerings are focused on improving water quality, conserving resources and enabling efficient fluid handling in applications from household water systems and pools to large-scale industrial and municipal installations.

Product lines include pumps and pumping systems, water filtration and purification equipment, valves and controls, heat exchangers, pool and spa systems, and a range of aftermarket parts and services.

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