Cresset Asset Management LLC Has $7.89 Million Position in Pentair plc $PNR

Key Points

• Cresset Asset Management LLC has increased its stake in Pentair plc by 13.0%, now owning 90,162 shares valued at approximately $7.89 million, highlighting growing institutional interest in the stock.
• Pentair reported a 1.39 EPS for the last quarter, exceeding analysts' estimates, with a year-over-year revenue growth of 2.2% to $1.12 billion.
• The stock has received mixed ratings from analysts, with an average target price of $114.36 and a consensus rating of "Moderate Buy," reflecting varied expectations in its performance.

Cresset Asset Management LLC increased its position in shares of Pentair plc (NYSE:PNR - Free Report) by 13.0% during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 90,162 shares of the industrial products company's stock after acquiring an additional 10,378 shares during the quarter. Cresset Asset Management LLC owned about 0.05% of Pentair worth $7,887,000 as of its most recent SEC filing.

A number of other institutional investors have also recently bought and sold shares of the stock. Invesco Ltd. lifted its stake in Pentair by 16.5% in the first quarter. Invesco Ltd. now owns 3,829,985 shares of the industrial products company's stock valued at $335,047,000 after buying an additional 541,461 shares in the last quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC lifted its stake in Pentair by 6.7% in the fourth quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 3,468,651 shares of the industrial products company's stock valued at $349,085,000 after buying an additional 217,867 shares in the last quarter. Massachusetts Financial Services Co. MA lifted its stake in Pentair by 2.5% in the first quarter. Massachusetts Financial Services Co. MA now owns 2,050,774 shares of the industrial products company's stock valued at $179,402,000 after buying an additional 50,718 shares in the last quarter. Northern Trust Corp lifted its stake in Pentair by 27.9% in the fourth quarter. Northern Trust Corp now owns 1,962,263 shares of the industrial products company's stock valued at $197,482,000 after buying an additional 428,184 shares in the last quarter. Finally, Kayne Anderson Rudnick Investment Management LLC lifted its stake in Pentair by 3.7% in the fourth quarter. Kayne Anderson Rudnick Investment Management LLC now owns 1,749,965 shares of the industrial products company's stock valued at $176,117,000 after buying an additional 62,926 shares in the last quarter. Institutional investors own 92.37% of the company's stock.

Analyst Upgrades and Downgrades

A number of research analysts have weighed in on PNR shares. Citigroup reaffirmed a "buy" rating and issued a $125.00 price target (up previously from $99.00) on shares of Pentair in a research note on Monday, July 14th. JPMorgan Chase & Co. lifted their price target on shares of Pentair from $113.00 to $116.00 and gave the company an "overweight" rating in a research note on Wednesday, July 23rd. Stifel Nicolaus lifted their price target on shares of Pentair from $104.00 to $124.00 and gave the company a "buy" rating in a research note on Monday, July 21st. Barclays lifted their price objective on shares of Pentair from $116.00 to $117.00 and gave the company an "overweight" rating in a report on Wednesday, July 23rd. Finally, Robert W. Baird lifted their price objective on shares of Pentair from $107.00 to $121.00 and gave the company an "outperform" rating in a report on Wednesday, July 23rd. Two equities research 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 issued a Sell rating to the company's stock. According to MarketBeat.com, Pentair currently has a consensus rating of "Moderate Buy" and a consensus price target of $114.36.

Pentair Stock Performance

Shares of NYSE:PNR traded up $4.0520 on Friday, hitting $108.4920. The company had a trading volume of 1,257,989 shares, compared to its average volume of 1,523,228. Pentair plc has a 1-year low of $74.25 and a 1-year high of $110.71. The stock has a market cap of $17.79 billion, a price-to-earnings ratio of 29.64, a P/E/G ratio of 2.00 and a beta of 1.07. The stock has a 50 day moving average price of $103.72 and a 200 day moving average price of $95.81. 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 (NYSE:PNR - Get Free Report) last released 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 net margin of 14.86% and a return on equity of 21.62%. The firm had revenue of $1.12 billion for the quarter, compared to the consensus estimate of $1.12 billion. During the same period in the previous year, the company earned $1.22 earnings per share. The company's quarterly revenue was up 2.2% on a year-over-year basis. Pentair has set its Q3 2025 guidance at 1.160-1.20 EPS. FY 2025 guidance at 4.750-4.85 EPS. Analysts expect that Pentair plc will post 4.77 EPS for the current year.

Pentair Company 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.