Pentair plc $PNR Shares Purchased by Great Lakes Advisors LLC

Key Points

• Great Lakes Advisors LLC increased its holdings in Pentair plc by 28.9%, now owning 130,004 shares valued at approximately $11.37 million.
• Wall Street analysts have upgraded Pentair's stock, with ratings ranging from “Strong Buy” to “Sell”, and a consensus price target set at $114.36.
• Pentair reported a quarterly EPS of $1.39, exceeding estimates, with a revenue of $1.12 billion, reflecting a 2.2% year-over-year growth.

Great Lakes Advisors LLC grew its holdings in Pentair plc (NYSE:PNR - Free Report) by 28.9% in the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 130,004 shares of the industrial products company's stock after buying an additional 29,150 shares during the quarter. Great Lakes Advisors LLC owned about 0.08% of Pentair worth $11,373,000 at the end of the most recent quarter.

Other hedge funds have also modified their holdings of the company. Opal Wealth Advisors LLC acquired a new stake in shares of Pentair in the 1st quarter valued at approximately $28,000. NBC Securities Inc. acquired a new stake in shares of Pentair in the 1st quarter valued at approximately $33,000. Horizon Financial Services LLC acquired a new stake in shares of Pentair in the 1st quarter valued at approximately $38,000. North Capital Inc. acquired a new stake in shares of Pentair in the 1st quarter valued at approximately $38,000. Finally, Versant Capital Management Inc lifted its holdings in shares of Pentair by 128.4% in the 1st quarter. Versant Capital Management Inc now owns 507 shares of the industrial products company's stock valued at $44,000 after buying an additional 285 shares during the period. 92.37% of the stock is owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

Several equities analysts recently weighed in on PNR shares. Robert W. Baird raised their price objective on Pentair from $107.00 to $121.00 and gave the company an "outperform" rating in a research note on Wednesday, July 23rd. JPMorgan Chase & Co. raised their price objective on Pentair from $113.00 to $116.00 and gave the company an "overweight" rating in a research note on Wednesday, July 23rd. Barclays raised their price objective on Pentair from $116.00 to $117.00 and gave the company an "overweight" rating in a research note on Wednesday, July 23rd. Stifel Nicolaus raised their price objective on Pentair from $104.00 to $124.00 and gave the company a "buy" rating in a research note on Monday, July 21st. Finally, TD Cowen downgraded Pentair from a "buy" rating to a "hold" rating and dropped their price objective for the company from $115.00 to $110.00 in a research note on Wednesday, July 23rd. Two equities research analysts have rated the stock with a Strong Buy rating, ten have given a Buy rating, three have given a Hold rating and one has issued a Sell rating to the company's stock. Based on data from MarketBeat.com, the company currently has an average rating of "Moderate Buy" and a consensus target price of $114.36.

Pentair Price Performance

Pentair stock traded down $1.59 during mid-day trading on Friday, hitting $111.00. 915,213 shares of the company were exchanged, compared to its average volume of 1,514,807. The company has a debt-to-equity ratio of 0.38, a current ratio of 1.45 and a quick ratio of 0.84. The business's 50 day simple moving average is $105.98 and its two-hundred day simple moving average is $96.99. The company has a market capitalization of $18.20 billion, a P/E ratio of 30.33, a PEG ratio of 2.09 and a beta of 1.08. Pentair plc has a 12-month low of $74.25 and a 12-month high of $112.91.

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, beating analysts' consensus estimates of $1.33 by $0.06. The business had revenue of $1.12 billion during the quarter, compared to the consensus estimate of $1.12 billion. Pentair had a return on equity of 21.62% and a net margin of 14.86%.The business's revenue for the quarter was up 2.2% on a year-over-year basis. During the same quarter in the previous year, the business earned $1.22 earnings per share. Pentair has set its Q3 2025 guidance at 1.160-1.20 EPS. FY 2025 guidance at 4.750-4.85 EPS. Analysts forecast that Pentair plc will post 4.77 earnings per share 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.