Baader Bank Aktiengesellschaft Grows Holdings in Pentair plc $PNR

Key Points

• Baader Bank Aktiengesellschaft increased its holdings in Pentair plc by 568.3% during the second quarter, owning 21,258 shares valued at approximately $2.18 million.
• Analysts have raised price targets for Pentair, with Mizuho setting a new target of $122.00 and Barclays increasing theirs to $117.00, while Bank of America downgraded theirs to $100.00.
• Pentair reported earnings of $1.39 per share for the latest quarter, exceeding analysts' expectations, and its revenue for the quarter was $1.12 billion, reflecting a 2.2% year-over-year growth.

Baader Bank Aktiengesellschaft grew its stake in shares of Pentair plc (NYSE:PNR - Free Report) by 568.3% during the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 21,258 shares of the industrial products company's stock after purchasing an additional 18,077 shares during the quarter. Baader Bank Aktiengesellschaft's holdings in Pentair were worth $2,182,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently modified their holdings of the company. Asset Management One Co. Ltd. boosted its position in Pentair by 4.8% in the 1st quarter. Asset Management One Co. Ltd. now owns 75,337 shares of the industrial products company's stock valued at $6,590,000 after buying an additional 3,476 shares during the last quarter. Sequoia Financial Advisors LLC raised its holdings in shares of Pentair by 31.5% during the first quarter. Sequoia Financial Advisors LLC now owns 4,453 shares of the industrial products company's stock valued at $390,000 after buying an additional 1,067 shares during the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC raised its holdings in Pentair by 19.1% during the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 4,129,805 shares of the industrial products company's stock worth $361,275,000 after purchasing an additional 661,154 shares in the last quarter. Fifth Third Bancorp lifted its holdings in shares of Pentair by 6.6% in 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 period. Finally, GAMMA Investing LLC raised its position in Pentair by 14.0% in the first quarter. GAMMA Investing LLC now owns 3,964 shares of the industrial products company's stock worth $347,000 after acquiring an additional 487 shares in the last quarter. Institutional investors and hedge funds own 92.37% of the company's stock.

Wall Street Analysts Forecast Growth

Several research analysts have issued reports on PNR shares. Stifel Nicolaus lifted their price target on shares of Pentair from $104.00 to $124.00 and gave the stock a "buy" rating in a research report on Monday, July 21st. Robert W. Baird lifted their price target on shares of Pentair from $107.00 to $121.00 and gave the stock an "outperform" rating in a research report on Wednesday, July 23rd. Wall Street Zen upgraded shares of Pentair from a "hold" rating to a "buy" rating in a research report on Saturday, July 26th. Mizuho lifted their price target on shares of Pentair from $118.00 to $122.00 and gave the stock an "outperform" rating in a research report on Wednesday, July 23rd. Finally, Bank of America lowered shares of Pentair from a "neutral" rating to an "underperform" rating and decreased their price target for the stock from $106.00 to $100.00 in a research report on Tuesday, July 29th. Two research analysts have rated the stock with a Strong Buy rating, ten have assigned a Buy rating, three have given a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat.com, Pentair currently has an average rating of "Moderate Buy" and a consensus target price of $114.36.

Pentair Stock Down 1.1%

NYSE PNR traded down $1.20 during trading on Friday, hitting $110.32. 2,172,932 shares of the company traded hands, compared to its average volume of 1,054,122. The company has a market capitalization of $18.08 billion, a P/E ratio of 30.14, a PEG ratio of 2.11 and a beta of 1.08. Pentair plc has a 12 month low of $74.25 and a 12 month high of $112.91. 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 business has a fifty day simple moving average of $106.48 and a 200 day simple moving average of $97.79.

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 (EPS) for the quarter, topping 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 company had revenue of $1.12 billion for the quarter, compared to the consensus estimate of $1.12 billion. During the same quarter in the previous year, the firm posted $1.22 EPS. The business's revenue was up 2.2% compared to the same quarter last year. 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, sell-side analysts predict that Pentair plc will post 4.77 EPS 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.