Lbp Am Sa Increases Position in Pentair plc $PNR

Key Points

• Lbp Am Sa increased its holdings in Pentair plc by 10.7% during the second quarter, owning 79,301 shares valued at $8.14 million.
• Several institutional investors significantly raised their stakes in Pentair, with Ameriprise Financial Inc. boosting its stake by 373.8% and Pacer Advisors Inc. by 4,231.6% in the first quarter.
• Pentair's stock received mixed reviews from analysts, with price targets ranging from $100.00 to $120.00, while maintaining an average rating of "Moderate Buy".

Lbp Am Sa lifted its holdings in Pentair plc (NYSE:PNR - Free Report) by 10.7% during the second quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 79,301 shares of the industrial products company's stock after buying an additional 7,647 shares during the period. Lbp Am Sa's holdings in Pentair were worth $8,141,000 at the end of the most recent reporting period.

Several other institutional investors have also bought and sold shares of PNR. Ameriprise Financial Inc. lifted its stake in Pentair by 373.8% in the first quarter. Ameriprise Financial Inc. now owns 1,137,682 shares of the industrial products company's stock valued at $99,523,000 after purchasing an additional 897,585 shares during the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC lifted its stake in Pentair by 19.1% in the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 4,129,805 shares of the industrial products company's stock valued at $361,275,000 after purchasing an additional 661,154 shares during the last quarter. Pacer Advisors Inc. lifted its stake in Pentair by 4,231.6% in the first quarter. Pacer Advisors Inc. now owns 622,185 shares of the industrial products company's stock valued at $54,429,000 after purchasing an additional 607,821 shares during the last quarter. Amundi lifted its stake in Pentair by 13.6% in the first quarter. Amundi now owns 4,974,612 shares of the industrial products company's stock valued at $412,033,000 after purchasing an additional 594,989 shares during the last quarter. Finally, Assenagon Asset Management S.A. lifted its stake in Pentair by 229.1% in the first quarter. Assenagon Asset Management S.A. now owns 786,362 shares of the industrial products company's stock valued at $68,791,000 after purchasing an additional 547,419 shares during the last quarter. Hedge funds and other institutional investors own 92.37% of the company's stock.

Analysts Set New Price Targets

Several research firms recently commented on PNR. 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. Bank of America cut shares of Pentair from a "neutral" rating to an "underperform" rating and lowered their target price for the company from $106.00 to $100.00 in a report on Tuesday, July 29th. Oppenheimer boosted their target price on shares of Pentair from $118.00 to $120.00 and gave the company an "outperform" rating in a report on Wednesday, July 23rd. JPMorgan Chase & Co. boosted their target price on shares of Pentair from $113.00 to $116.00 and gave the company an "overweight" rating in a report on Wednesday, July 23rd. Finally, Wall Street Zen raised shares of Pentair from a "hold" rating to a "buy" rating in a report on Saturday, July 26th. Two analysts have rated the stock with a Strong Buy rating, ten have issued a Buy rating, three have given a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat, the stock currently has an average rating of "Moderate Buy" and a consensus price target of $114.93.

Pentair Trading Down 0.2%

Pentair stock opened at $110.57 on Thursday. The stock has a market cap of $18.12 billion, a P/E ratio of 30.21, a PEG ratio of 2.12 and a beta of 1.10. Pentair plc has a fifty-two week low of $74.25 and a fifty-two week high of $112.91. The firm's fifty day moving average price is $107.19 and its 200-day moving average price is $99.01. The company has a debt-to-equity ratio of 0.38, a quick ratio of 0.84 and a current ratio of 1.45.

Pentair (NYSE:PNR - Get Free Report) last released 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. The firm had revenue of $1.12 billion for the quarter, compared to analysts' expectations of $1.12 billion. Pentair had a net margin of 14.86% and a return on equity of 21.62%. The business's quarterly revenue was up 2.2% on a year-over-year basis. During the same quarter in the prior year, the firm posted $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. Equities research analysts forecast that Pentair plc will post 4.77 earnings per share for the current fiscal year.

Pentair Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Friday, November 7th. Stockholders of record on Friday, October 24th will be issued a $0.25 dividend. The ex-dividend date of this dividend is Friday, October 24th. This represents a $1.00 annualized dividend and a dividend yield of 0.9%. Pentair's dividend payout ratio is presently 27.32%.

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.

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