Cubist Systematic Strategies LLC Has $11.95 Million Stock Holdings in Pentair plc $PNR

Key Points

• Cubist Systematic Strategies LLC increased its stake in Pentair plc by 101% in Q1, owning 136,602 shares valued at approximately $11.95 million.
• Several institutional investors also raised their holdings in Pentair, with a current 92.37% of shares owned by institutional investors.
• Pentair's stock received multiple target price upgrades from analysts, with the current consensus target price set at $114.36, indicating a generally positive outlook.

Cubist Systematic Strategies LLC lifted its holdings in shares of Pentair plc (NYSE:PNR - Free Report) by 101.0% in the first quarter, according to its most recent filing with the SEC. The firm owned 136,602 shares of the industrial products company's stock after acquiring an additional 68,625 shares during the period. Cubist Systematic Strategies LLC owned approximately 0.08% of Pentair worth $11,950,000 as of its most recent filing with the SEC.

Other institutional investors and hedge funds have also added to or reduced their stakes in the company. Asset Management One Co. Ltd. lifted its stake in Pentair by 4.8% during the first quarter. Asset Management One Co. Ltd. now owns 75,337 shares of the industrial products company's stock worth $6,590,000 after purchasing an additional 3,476 shares during the period. Sequoia Financial Advisors LLC increased its holdings in Pentair by 31.5% during the 1st quarter. Sequoia Financial Advisors LLC now owns 4,453 shares of the industrial products company's stock valued at $390,000 after purchasing an additional 1,067 shares in the last quarter. Fifth Third Bancorp raised its position in Pentair by 6.6% in the 1st quarter. Fifth Third Bancorp now owns 4,075 shares of the industrial products company's stock valued at $356,000 after purchasing an additional 253 shares during the last quarter. GAMMA Investing LLC boosted its stake 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 purchasing an additional 487 shares in the last quarter. Finally, Ritholtz Wealth Management grew its holdings in shares of Pentair by 44.7% during the first quarter. Ritholtz Wealth Management now owns 3,031 shares of the industrial products company's stock worth $265,000 after purchasing an additional 937 shares during the last quarter. Institutional investors own 92.37% of the company's stock.

Pentair Trading Up 0.5%

PNR traded up $0.60 during trading on Friday, reaching $110.66. 1,118,577 shares of the company's stock were exchanged, compared to its average volume of 1,147,402. The company's fifty day moving average price is $105.55 and its 200-day moving average price is $96.56. The company has a debt-to-equity ratio of 0.38, a quick ratio of 0.84 and a current ratio of 1.45. 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. Pentair plc has a fifty-two week low of $74.25 and a fifty-two week high of $111.80.

Pentair (NYSE:PNR - Get Free Report) last announced its quarterly earnings data 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. Pentair had a return on equity of 21.62% and a net margin of 14.86%.The business had revenue of $1.12 billion during the quarter, compared to analysts' expectations of $1.12 billion. During the same period in the previous year, the firm earned $1.22 earnings per share. The firm'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. As a group, equities analysts forecast that Pentair plc will post 4.77 EPS for the current year.

Analyst Ratings Changes

A number of research analysts recently issued reports on the company. TD Cowen cut Pentair from a "buy" rating to a "hold" rating and cut their price target for the company from $115.00 to $110.00 in a report on Wednesday, July 23rd. Bank of America downgraded shares of Pentair from a "neutral" rating to an "underperform" rating and dropped their target price for the stock from $106.00 to $100.00 in a research note on Tuesday, July 29th. Stifel Nicolaus upped their target price 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. Mizuho raised their price target on shares of Pentair from $118.00 to $122.00 and gave the company an "outperform" rating in a report on Wednesday, July 23rd. Finally, Oppenheimer boosted their price objective on shares of Pentair from $118.00 to $120.00 and gave the stock an "outperform" rating in a research report on Wednesday, July 23rd. Two investment 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. Based on data from MarketBeat.com, the company presently has an average rating of "Moderate Buy" and a consensus 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.