Pentair plc $PNR Shares Purchased by BNP PARIBAS ASSET MANAGEMENT Holding S.A.

Key Points

• BNP PARIBAS ASSET MANAGEMENT Holding S.A. increased its stake in Pentair plc by 4.9%, now holding approximately 0.15% of the company, valued at $22 million.
• Analysts have recently set varied price targets for Pentair, with Bank of America downgrading it to an "underperform" rating and lowering its price target to $100, while Citigroup upgraded it to a "buy" with a target price of $125.
• Pentair recently reported earnings per share of $1.39 for the quarter, exceeding estimates and showing a 2.2% year-over-year revenue growth.

BNP PARIBAS ASSET MANAGEMENT Holding S.A. raised its position in Pentair plc (NYSE:PNR - Free Report) by 4.9% during the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 251,649 shares of the industrial products company's stock after buying an additional 11,767 shares during the period. BNP PARIBAS ASSET MANAGEMENT Holding S.A. owned about 0.15% of Pentair worth $22,014,000 at the end of the most recent reporting period.

Several other institutional investors also recently bought and sold shares of PNR. Pacer Advisors Inc. boosted its holdings in Pentair by 4,231.6% in the 1st quarter. Pacer Advisors Inc. now owns 622,185 shares of the industrial products company's stock worth $54,429,000 after buying an additional 607,821 shares during the last quarter. Assenagon Asset Management S.A. lifted its stake in Pentair by 229.1% in the 1st quarter. Assenagon Asset Management S.A. now owns 786,362 shares of the industrial products company's stock worth $68,791,000 after purchasing an additional 547,419 shares in the last quarter. Invesco Ltd. lifted its stake in Pentair by 16.5% in the 1st quarter. Invesco Ltd. now owns 3,829,985 shares of the industrial products company's stock worth $335,047,000 after purchasing an additional 541,461 shares in the last quarter. Nuveen LLC purchased a new position in Pentair in the 1st quarter worth approximately $38,663,000. Finally, Northern Trust Corp lifted its stake in Pentair by 27.9% in the 4th quarter. Northern Trust Corp now owns 1,962,263 shares of the industrial products company's stock worth $197,482,000 after purchasing an additional 428,184 shares in the last quarter. 92.37% of the stock is currently owned by institutional investors and hedge funds.

Pentair Stock Up 3.9%

Shares of NYSE:PNR traded up $4.0520 during trading on Friday, hitting $108.4920. The company's stock had a trading volume of 1,257,989 shares, compared to its average volume of 1,523,228. The business has a 50 day moving average price of $103.72 and a two-hundred day moving average price of $95.81. The company has a market capitalization of $17.79 billion, a PE ratio of 29.64, a P/E/G ratio of 2.00 and a beta of 1.07. 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 plc has a fifty-two week low of $74.25 and a fifty-two week high of $110.71.

Pentair (NYSE:PNR - Get Free Report) last issued its earnings results on Tuesday, July 22nd. The industrial products company reported $1.39 EPS for the quarter, topping analysts' consensus estimates of $1.33 by $0.06. The firm had revenue of $1.12 billion during the quarter, compared to the consensus estimate of $1.12 billion. Pentair had a net margin of 14.86% and a return on equity of 21.62%. The company's revenue was up 2.2% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $1.22 earnings per share. 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, research analysts expect that Pentair plc will post 4.77 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

A number of research analysts have weighed in on the stock. Wall Street Zen raised shares of Pentair from a "hold" rating to a "buy" rating in a research note on Saturday, July 26th. Oppenheimer boosted their target price on Pentair from $118.00 to $120.00 and gave the company an "outperform" rating in a research report on Wednesday, July 23rd. JPMorgan Chase & Co. boosted their target price on Pentair from $113.00 to $116.00 and gave the company an "overweight" rating in a research report on Wednesday, July 23rd. TD Cowen downgraded shares of Pentair from a "buy" rating to a "hold" rating and dropped their price target for the stock from $115.00 to $110.00 in a research note on Wednesday, July 23rd. Finally, Robert W. Baird boosted their price target 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. Two investment 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 company's stock. According to data from MarketBeat.com, the stock presently has a consensus rating of "Moderate Buy" and an average target price of $114.36.

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.