Fox Run Management L.L.C. Makes New Investment in Pentair plc $PNR

Key Points

• Fox Run Management L.L.C. purchased 10,871 shares of Pentair plc, valued at approximately $951,000, during the first quarter.
• Several institutional investors, including Raymond James Financial and Canada Pension Plan Investment Board, have recently increased their stakes in Pentair, highlighting significant institutional ownership at 92.37%.
• Pentair's stock received mixed ratings from analysts, with a current average rating of "Moderate Buy" and a price target range suggesting potential growth ahead.

Fox Run Management L.L.C. purchased a new stake in Pentair plc (NYSE:PNR - Free Report) in the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund purchased 10,871 shares of the industrial products company's stock, valued at approximately $951,000.

A number of other institutional investors and hedge funds have also made changes to their positions in PNR. Raymond James Financial Inc. purchased a new stake in shares of Pentair in the fourth quarter valued at approximately $14,989,000. Mariner LLC increased its position in shares of Pentair by 0.6% in the fourth quarter. Mariner LLC now owns 40,691 shares of the industrial products company's stock valued at $4,095,000 after buying an additional 231 shares in the last quarter. Guggenheim Capital LLC increased its position in shares of Pentair by 15.2% in the fourth quarter. Guggenheim Capital LLC now owns 2,734 shares of the industrial products company's stock valued at $275,000 after buying an additional 360 shares in the last quarter. Bridgewater Associates LP purchased a new stake in shares of Pentair in the fourth quarter valued at approximately $239,000. Finally, Canada Pension Plan Investment Board increased its position in shares of Pentair by 34.7% in the fourth quarter. Canada Pension Plan Investment Board now owns 22,524 shares of the industrial products company's stock valued at $2,267,000 after buying an additional 5,800 shares in the last quarter. 92.37% of the stock is currently owned by hedge funds and other institutional investors.

Pentair Trading Down 1.8%

PNR traded down $1.9410 during mid-day trading on Wednesday, hitting $105.1390. 489,517 shares of the stock were exchanged, compared to its average volume of 1,555,576. The firm's fifty day moving average is $103.26 and its two-hundred day moving average is $95.66. Pentair plc has a 1-year low of $74.25 and a 1-year high of $110.71. 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 company has a market cap of $17.24 billion, a PE ratio of 28.73, a PEG ratio of 2.02 and a beta of 1.07.

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 for the quarter, topping 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 the consensus estimate of $1.12 billion. During the same quarter in the prior year, the business earned $1.22 EPS. Pentair's 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. Equities analysts forecast that Pentair plc will post 4.77 earnings per share for the current fiscal year.

Analysts Set New Price Targets

A number of analysts have recently commented on PNR shares. Oppenheimer boosted their price objective 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 price objective on Pentair from $113.00 to $116.00 and gave the company an "overweight" rating in a research report on Wednesday, July 23rd. Stifel Nicolaus boosted their price target on Pentair from $104.00 to $124.00 and gave the stock a "buy" rating in a research report on Monday, July 21st. Bank of America cut Pentair from a "neutral" rating to an "underperform" rating and dropped their price target for the stock from $106.00 to $100.00 in a research report on Tuesday, July 29th. Finally, Citigroup reiterated a "buy" rating and set a $125.00 price target (up from $99.00) on shares of Pentair in a research report on Monday, July 14th. Two research 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 assigned a Sell rating to the company's stock. Based on data from MarketBeat, the company has an average rating of "Moderate Buy" and a consensus price target of $114.36.

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.