MBB Public Markets I LLC Invests $313,000 in Pentair plc $PNR

Key Points

• MBB Public Markets I LLC acquired a new position in Pentair plc by purchasing 3,575 shares valued at approximately $313,000 in the first quarter.
• Equities analysts have generally rated Pentair favorably, with a consensus rating of "Moderate Buy" and a target price of $114.36, although a downgrade was issued by TD Cowen to a "hold" rating.
• Pentair's recent quarterly earnings exceeded expectations, reporting $1.39 EPS compared to a consensus of $1.33, with a revenue of $1.12 billion, showing a 2.2% year-over-year growth.

MBB Public Markets I LLC purchased a new stake in Pentair plc (NYSE:PNR - Free Report) during the first quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund purchased 3,575 shares of the industrial products company's stock, valued at approximately $313,000.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Amundi boosted its position 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 buying an additional 594,989 shares in the last quarter. Invesco Ltd. lifted its position in shares of Pentair by 16.5% during the first quarter. Invesco Ltd. now owns 3,829,985 shares of the industrial products company's stock worth $335,047,000 after purchasing an additional 541,461 shares in the last quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC lifted its position in shares of Pentair by 6.7% during the fourth quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 3,468,651 shares of the industrial products company's stock worth $349,085,000 after purchasing an additional 217,867 shares in the last quarter. Northern Trust Corp lifted its position in shares of Pentair by 7.3% during the first quarter. Northern Trust Corp now owns 2,105,727 shares of the industrial products company's stock worth $184,209,000 after purchasing an additional 143,464 shares in the last quarter. Finally, Massachusetts Financial Services Co. MA lifted its position in shares of Pentair by 2.5% during the first quarter. Massachusetts Financial Services Co. MA now owns 2,050,774 shares of the industrial products company's stock worth $179,402,000 after purchasing an additional 50,718 shares in the last quarter. 92.37% of the stock is currently owned by institutional investors and hedge funds.

Pentair Stock Down 1.4%

Shares of PNR stock traded down $1.59 during trading hours on Friday, hitting $111.00. 915,213 shares of the company were exchanged, compared to its average volume of 1,040,213. The business has a 50 day moving average of $106.07 and a two-hundred day moving average of $97.12. 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 plc has a 52 week low of $74.25 and a 52 week high of $112.91. The company has a market capitalization of $18.20 billion, a PE ratio of 30.33, a PEG ratio of 2.16 and a beta of 1.08.

Pentair (NYSE:PNR - Get Free Report) last issued its quarterly earnings data on Tuesday, July 22nd. The industrial products company reported $1.39 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.33 by $0.06. Pentair had a net margin of 14.86% and a return on equity of 21.62%. The company had revenue of $1.12 billion during the quarter, compared to the consensus estimate of $1.12 billion. During the same quarter in the prior year, the firm earned $1.22 earnings per share. The firm's 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. Analysts anticipate that Pentair plc will post 4.77 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

PNR has been the topic of a number of research reports. Wall Street Zen upgraded shares of Pentair from a "hold" rating to a "buy" rating in a research report on Saturday, July 26th. Robert W. Baird upped their target price on shares of Pentair from $107.00 to $121.00 and gave the stock an "outperform" rating in a research report on Wednesday, July 23rd. Citigroup reiterated a "buy" rating and set a $125.00 target price (up from $99.00) on shares of Pentair in a research report on Monday, July 14th. Barclays upped their target price on shares of Pentair from $116.00 to $117.00 and gave the stock an "overweight" rating in a research report on Wednesday, July 23rd. Finally, Stifel Nicolaus increased their price objective on shares of Pentair from $104.00 to $124.00 and gave the company a "buy" rating in a report on Monday, July 21st. Two analysts have rated the stock with a Strong Buy rating, ten have assigned a Buy rating, three have assigned a Hold rating and one has given a Sell rating to the company's stock. Based on data from MarketBeat, the company has an average rating of "Moderate Buy" and an average price target of $114.36.

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.