Pentair plc $PNR Shares Sold by Gulf International Bank UK Ltd

Key Points

• Gulf International Bank UK Ltd reduced its stake in Pentair plc by 26.6% in Q1, holding 9,470 shares valued at $828,000 after selling 3,435 shares.
• Pentair's stock ratings have seen upgrades, with Wall Street Zen upgrading it to a "buy" and several analysts setting varying price targets, the highest being $116.00 from JPMorgan Chase & Co.
• The company reported a Q2 EPS of $1.39, exceeding estimates, and has a projected EPS of 4.77 for the current fiscal year.

Gulf International Bank UK Ltd lowered its position in shares of Pentair plc (NYSE:PNR - Free Report) by 26.6% during the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 9,470 shares of the industrial products company's stock after selling 3,435 shares during the period. Gulf International Bank UK Ltd's holdings in Pentair were worth $828,000 at the end of the most recent quarter.

A number of other hedge funds also recently added to or reduced their stakes in PNR. Strategic Blueprint LLC increased its position in Pentair by 2.3% during the 1st quarter. Strategic Blueprint LLC now owns 5,521 shares of the industrial products company's stock valued at $483,000 after buying an additional 123 shares in the last quarter. HB Wealth Management LLC grew its stake in shares of Pentair by 5.6% during the first quarter. HB Wealth Management LLC now owns 3,604 shares of the industrial products company's stock worth $315,000 after acquiring an additional 192 shares during the last quarter. Azzad Asset Management Inc. ADV increased its holdings in shares of Pentair by 0.7% during the fourth quarter. Azzad Asset Management Inc. ADV now owns 29,930 shares of the industrial products company's stock valued at $3,012,000 after acquiring an additional 197 shares in the last quarter. Larson Financial Group LLC raised its position in shares of Pentair by 11.4% in the 1st quarter. Larson Financial Group LLC now owns 2,016 shares of the industrial products company's stock valued at $176,000 after purchasing an additional 207 shares during the last quarter. Finally, Wedmont Private Capital increased its holdings in shares of Pentair by 5.9% in the first quarter. Wedmont Private Capital now owns 3,759 shares of the industrial products company's stock valued at $309,000 after purchasing an additional 209 shares during the period. 92.37% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

PNR has been the subject of several research reports. Wall Street Zen upgraded shares of Pentair from a "hold" rating to a "buy" rating in a research note on Saturday, July 26th. Royal Bank Of Canada boosted their target price on shares of Pentair from $99.00 to $101.00 and gave the company an "outperform" rating in a research report on Wednesday, April 23rd. Mizuho increased their price target on Pentair from $118.00 to $122.00 and gave the stock an "outperform" rating in a research report on Wednesday, July 23rd. TD Cowen lowered Pentair from a "buy" rating to a "hold" rating and reduced their price objective for the company from $115.00 to $110.00 in a research note on Wednesday, July 23rd. Finally, The Goldman Sachs Group set a $95.00 target price on Pentair and gave the stock a "neutral" rating in a research note on Tuesday, April 22nd. Two research analysts have rated the stock with a Strong Buy rating, ten have given a Buy rating, three have issued a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat.com, the stock currently has a consensus rating of "Moderate Buy" and a consensus price target of $114.36.

Pentair Price Performance

PNR traded down $2.0610 during trading on Wednesday, hitting $105.0190. The company's stock had a trading volume of 1,240,818 shares, compared to its average volume of 1,560,513. The firm has a market capitalization of $17.22 billion, a price-to-earnings ratio of 28.69, a P/E/G ratio of 2.02 and a beta of 1.07. Pentair plc has a twelve month low of $74.25 and a twelve month high of $110.71. The business's fifty day simple moving average is $103.26 and its 200 day simple moving average is $95.66. 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 announced its earnings results on Tuesday, July 22nd. The industrial products company reported $1.39 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $1.33 by $0.06. The firm had revenue of $1.12 billion for the quarter, compared to analyst estimates of $1.12 billion. Pentair had a return on equity of 21.62% and a net margin of 14.86%.The business's revenue was up 2.2% on a year-over-year basis. During the same quarter last year, the firm posted $1.22 EPS. Pentair has set its Q3 2025 guidance at 1.160-1.20 EPS. FY 2025 guidance at 4.750-4.85 EPS. On average, equities research analysts forecast 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.