Caisse DE Depot ET Placement DU Quebec Grows Stock Position in Pentair plc $PNR

Key Points

• Caisse DE Depot ET Placement DU Quebec increased its stake in Pentair plc by 32.6%, owning 170,973 shares valued at approximately $14.96 million.
• Multiple hedge funds have significantly boosted their positions in Pentair, with Ameriprise Financial Inc. raising its holding by 373.8% and Pacer Advisors Inc. by 4,231.6%.
• Analysts have mixed ratings on Pentair, with reports showing a range from upgrades to buy ratings to downgrades by firms like Bank of America and TD Cowen.

Caisse DE Depot ET Placement DU Quebec grew its position in Pentair plc (NYSE:PNR - Free Report) by 32.6% during the first quarter, according to its most recent Form 13F filing with the SEC. The firm owned 170,973 shares of the industrial products company's stock after purchasing an additional 42,050 shares during the period. Caisse DE Depot ET Placement DU Quebec owned approximately 0.10% of Pentair worth $14,957,000 at the end of the most recent quarter.

A number of other hedge funds have also modified their holdings of the company. Horizon Investments LLC increased its holdings in shares of Pentair by 4.8% in the first quarter. Horizon Investments LLC now owns 2,372 shares of the industrial products company's stock valued at $207,000 after purchasing an additional 109 shares during the period. Brooklyn Investment Group increased its holdings in shares of Pentair by 14.8% in the first quarter. Brooklyn Investment Group now owns 847 shares of the industrial products company's stock valued at $74,000 after purchasing an additional 109 shares during the period. Strategic Blueprint LLC increased its holdings in shares of Pentair by 2.3% in the first quarter. Strategic Blueprint LLC now owns 5,521 shares of the industrial products company's stock valued at $483,000 after purchasing an additional 123 shares during the period. HB Wealth Management LLC increased its holdings in shares of Pentair by 5.6% in the first quarter. HB Wealth Management LLC now owns 3,604 shares of the industrial products company's stock valued at $315,000 after purchasing an additional 192 shares during the period. Finally, Azzad Asset Management Inc. ADV increased its holdings in shares of Pentair by 0.7% in the fourth quarter. Azzad Asset Management Inc. ADV now owns 29,930 shares of the industrial products company's stock valued at $3,012,000 after purchasing an additional 197 shares during the period. 92.37% of the stock is owned by institutional investors and hedge funds.

Pentair Price Performance

PNR traded down $1.68 during trading on Friday, hitting $107.50. The company's stock had a trading volume of 1,048,959 shares, compared to its average volume of 1,330,926. The company has a current ratio of 1.45, a quick ratio of 0.84 and a debt-to-equity ratio of 0.38. Pentair plc has a twelve month low of $74.25 and a twelve month high of $110.71. The business's fifty day simple moving average is $104.90 and its 200 day simple moving average is $96.14. The firm has a market capitalization of $17.62 billion, a price-to-earnings ratio of 29.37, a P/E/G ratio of 2.06 and a beta of 1.07.

Pentair (NYSE:PNR - Get Free Report) last issued its quarterly earnings data on Tuesday, July 22nd. The industrial products company reported $1.39 EPS for the quarter, beating the consensus estimate 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 for the quarter, compared to analyst estimates of $1.12 billion. During the same period last year, the company earned $1.22 earnings per share. Pentair's quarterly 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. On average, equities research analysts forecast that Pentair plc will post 4.77 EPS for the current fiscal year.

Analysts Set New Price Targets

PNR has been the topic of a number of research reports. Bank of America lowered Pentair from a "neutral" rating to an "underperform" rating and cut their price objective for the company from $106.00 to $100.00 in a report on Tuesday, July 29th. Stifel Nicolaus increased their price objective on Pentair from $104.00 to $124.00 and gave the company a "buy" rating in a report on Monday, July 21st. Robert W. Baird raised their target price on Pentair from $107.00 to $121.00 and gave the stock an "outperform" rating in a report on Wednesday, July 23rd. Citigroup reaffirmed a "buy" rating and set a $125.00 target price (up from $99.00) on shares of Pentair in a report on Monday, July 14th. Finally, Mizuho raised their target price on Pentair from $118.00 to $122.00 and gave the stock an "outperform" rating in a report on Wednesday, July 23rd. Two investment 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 issued a Sell rating to the company. According to data from MarketBeat.com, the stock currently 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.