Ancora Advisors LLC Raises Stock Position in Pentair plc $PNR

Key Points

• Ancora Advisors LLC increased its stake in Pentair plc by 60.5% during the first quarter, bringing its total shares to 35,540 and its holdings' value to approximately $3.1 million.
• Wall Street analysts have generally positive sentiment towards Pentair, with target prices raised and a consensus rating of "Moderate Buy", alongside a current price target averaging $114.36.
• Pentair's recent earnings report showed a 2.2% year-over-year revenue growth, with an EPS of $1.39, exceeding estimates, and it provided guidance for FY 2025 EPS at 4.750-4.85.

Ancora Advisors LLC increased its stake in Pentair plc (NYSE:PNR - Free Report) by 60.5% in the 1st quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 35,540 shares of the industrial products company's stock after acquiring an additional 13,402 shares during the quarter. Ancora Advisors LLC's holdings in Pentair were worth $3,109,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in the stock. Asset Management One Co. Ltd. boosted its stake in Pentair by 4.8% during the 1st quarter. Asset Management One Co. Ltd. now owns 75,337 shares of the industrial products company's stock worth $6,590,000 after purchasing an additional 3,476 shares during the last quarter. Sequoia Financial Advisors LLC boosted its stake in Pentair by 31.5% during the 1st quarter. Sequoia Financial Advisors LLC now owns 4,453 shares of the industrial products company's stock worth $390,000 after purchasing an additional 1,067 shares during the last quarter. Fifth Third Bancorp boosted its stake in Pentair by 6.6% during the 1st quarter. Fifth Third Bancorp now owns 4,075 shares of the industrial products company's stock worth $356,000 after purchasing an additional 253 shares during the last quarter. GAMMA Investing LLC boosted its stake in Pentair by 14.0% during the 1st quarter. GAMMA Investing LLC now owns 3,964 shares of the industrial products company's stock worth $347,000 after purchasing an additional 487 shares during the last quarter. Finally, Ritholtz Wealth Management boosted its stake in Pentair by 44.7% during the 1st quarter. Ritholtz Wealth Management now owns 3,031 shares of the industrial products company's stock worth $265,000 after purchasing an additional 937 shares during the last quarter. Hedge funds and other institutional investors own 92.37% of the company's stock.

Wall Street Analyst Weigh In

Several equities research analysts have issued reports on the stock. Robert W. Baird lifted their target price on shares of Pentair from $107.00 to $121.00 and gave the stock an "outperform" rating in a research note on Wednesday, July 23rd. Mizuho lifted their target price 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. Wall Street Zen raised shares of Pentair from a "hold" rating to a "buy" rating in a research report on Saturday, July 26th. Citigroup reissued a "buy" rating and set a $125.00 price target (up previously from $99.00) on shares of Pentair in a research report on Monday, July 14th. Finally, TD Cowen cut shares of Pentair from a "buy" rating to a "hold" rating and lowered their price target for the company from $115.00 to $110.00 in a research report on Wednesday, July 23rd. Two analysts have rated the stock with a Strong Buy rating, ten have assigned a Buy rating, three have assigned a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of "Moderate Buy" and an average price target of $114.36.

Pentair Trading Up 0.4%

Shares of PNR stock opened at $106.76 on Thursday. The company's 50-day moving average price is $105.27 and its 200-day moving average price is $96.36. The company has a current ratio of 1.45, a quick ratio of 0.84 and a debt-to-equity ratio of 0.38. The stock has a market cap of $17.50 billion, a price-to-earnings ratio of 29.17, a PEG ratio of 2.06 and a beta of 1.08. Pentair plc has a twelve month low of $74.25 and a twelve month high of $110.71.

Pentair (NYSE:PNR - Get Free Report) last issued its quarterly earnings data 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. The firm had revenue of $1.12 billion for the quarter, compared to analyst estimates of $1.12 billion. Pentair had a net margin of 14.86% and a return on equity of 21.62%. Pentair's revenue was up 2.2% on a year-over-year basis. During the same period in the previous year, the firm earned $1.22 EPS. Pentair has set its Q3 2025 guidance at 1.160-1.20 EPS. FY 2025 guidance at 4.750-4.85 EPS. As a group, equities analysts predict that Pentair plc will post 4.77 earnings per share for the current year.

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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