Concentric Capital Strategies LP Has $925,000 Stock Holdings in Pentair plc $PNR

Key Points

• Concentric Capital Strategies LP significantly reduced its holdings in Pentair plc by selling 73,570 shares, resulting in an 87.4% decrease in its position.
• Analysts have varied opinions on Pentair, with some raising their ratings while others downgraded it; the consensus rating is a "Moderate Buy" with a price target of $114.36.
• Pentair reported earnings of $1.39 per share for the last quarter, exceeding expectations, and forecasted EPS guidance ranging from 1.160 to 1.200 for Q3 2025.

Concentric Capital Strategies LP lowered its position in Pentair plc (NYSE:PNR - Free Report) by 87.4% during the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 10,575 shares of the industrial products company's stock after selling 73,570 shares during the quarter. Concentric Capital Strategies LP's holdings in Pentair were worth $925,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently bought and sold shares of the company. Advisors Asset Management Inc. grew its stake in Pentair by 5.7% in the first quarter. Advisors Asset Management Inc. now owns 38,304 shares of the industrial products company's stock valued at $3,351,000 after purchasing an additional 2,053 shares in the last quarter. Alyeska Investment Group L.P. purchased a new position in Pentair in the first quarter valued at about $1,993,000. Amundi grew its stake in Pentair by 13.6% in the first quarter. Amundi now owns 4,974,612 shares of the industrial products company's stock valued at $412,033,000 after purchasing an additional 594,989 shares in the last quarter. Ancora Advisors LLC grew its stake in Pentair by 60.5% in the first quarter. Ancora Advisors LLC now owns 35,540 shares of the industrial products company's stock valued at $3,109,000 after purchasing an additional 13,402 shares in the last quarter. Finally, Adage Capital Partners GP L.L.C. grew its stake in Pentair by 42.2% in the first quarter. Adage Capital Partners GP L.L.C. now owns 610,802 shares of the industrial products company's stock valued at $53,433,000 after purchasing an additional 181,400 shares in the last quarter. Hedge funds and other institutional investors own 92.37% of the company's stock.

Analyst Ratings Changes

A number of brokerages have weighed in on PNR. JPMorgan Chase & Co. boosted their price target on Pentair from $113.00 to $116.00 and gave the stock an "overweight" rating in a research report on Wednesday, July 23rd. Bank of America cut Pentair from a "neutral" rating to an "underperform" rating and reduced their price target for the stock from $106.00 to $100.00 in a research report on Tuesday, July 29th. Wall Street Zen raised Pentair from a "hold" rating to a "buy" rating in a research report on Saturday, July 26th. Mizuho boosted their price objective on Pentair from $118.00 to $122.00 and gave the stock an "outperform" rating in a research report on Wednesday, July 23rd. Finally, Barclays boosted their price objective on Pentair from $116.00 to $117.00 and gave the stock an "overweight" rating in a research report on Wednesday, July 23rd. Two analysts have rated the stock with a Strong Buy rating, ten have issued a Buy rating, three have assigned a Hold rating and one has assigned a Sell rating to the company's stock. According to MarketBeat, Pentair currently has an average rating of "Moderate Buy" and a consensus target price of $114.36.

Pentair Stock Performance

PNR traded up $0.60 on Friday, hitting $110.66. 1,118,577 shares of the stock traded hands, compared to its average volume of 1,147,402. Pentair plc has a 52 week low of $74.25 and a 52 week high of $111.80. 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 firm has a market capitalization of $18.14 billion, a PE ratio of 30.24, a P/E/G ratio of 2.12 and a beta of 1.08. The business has a fifty day moving average price of $105.55 and a two-hundred day moving average price of $96.56.

Pentair (NYSE:PNR - Get Free Report) last issued its quarterly earnings results 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. Pentair had a return on equity of 21.62% and a net margin of 14.86%.The firm had revenue of $1.12 billion for the quarter, compared to analyst estimates of $1.12 billion. During the same period in the previous year, the company posted $1.22 earnings per share. The company'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, research analysts predict that Pentair plc will post 4.77 EPS for the current fiscal 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.