Meiji Yasuda Asset Management Co Ltd. Sells 30,712 Shares of Pentair plc $PNR

Key Points

• Meiji Yasuda Asset Management Co Ltd. has reduced its stake in Pentair plc by 53.8% during the first quarter, owning 26,373 shares worth approximately $2,307,000.
• Several large investors, including Ameriprise Financial and Pacer Advisors, have significantly increased their holdings in Pentair by 373.8% and 4,231.6% respectively, highlighting a shift in investor sentiment towards the company.
• Pentair recently reported an earnings per share (EPS) of $1.39, exceeding expectations, and has set its guidance for Q3 2025 between $1.160-$1.20 EPS for future growth.

Meiji Yasuda Asset Management Co Ltd. trimmed its holdings in shares of Pentair plc (NYSE:PNR - Free Report) by 53.8% during the first quarter, according to its most recent Form 13F filing with the SEC. The firm owned 26,373 shares of the industrial products company's stock after selling 30,712 shares during the period. Meiji Yasuda Asset Management Co Ltd.'s holdings in Pentair were worth $2,307,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently modified their holdings of the business. Horizon Investments LLC raised its holdings in shares of Pentair by 4.8% during the first quarter. Horizon Investments LLC now owns 2,372 shares of the industrial products company's stock worth $207,000 after purchasing an additional 109 shares during the period. Brooklyn Investment Group increased its holdings in shares of Pentair by 14.8% in the 1st quarter. Brooklyn Investment Group now owns 847 shares of the industrial products company's stock worth $74,000 after acquiring an additional 109 shares during the period. Strategic Blueprint LLC increased its holdings in shares of Pentair by 2.3% in the 1st quarter. Strategic Blueprint LLC now owns 5,521 shares of the industrial products company's stock worth $483,000 after acquiring an additional 123 shares during the period. HB Wealth Management LLC increased its holdings in shares of Pentair by 5.6% in the 1st 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 period. Finally, Azzad Asset Management Inc. ADV increased its holdings in shares of Pentair by 0.7% in the 4th quarter. Azzad Asset Management Inc. ADV now owns 29,930 shares of the industrial products company's stock worth $3,012,000 after acquiring an additional 197 shares during the period. 92.37% of the stock is owned by institutional investors and hedge funds.

Pentair Trading Down 1.4%

Shares of PNR traded down $1.59 during midday trading on Friday, hitting $111.00. The stock had a trading volume of 915,213 shares, compared to its average volume of 1,040,213. Pentair plc has a fifty-two week low of $74.25 and a fifty-two week high of $112.91. The business has a 50-day simple moving average of $106.07 and a two-hundred day simple moving average of $97.12. The firm has a market cap of $18.20 billion, a P/E ratio of 30.33, a price-to-earnings-growth ratio of 2.16 and a beta of 1.08. 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 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 analysts' expectations of $1.12 billion. During the same period last year, the company posted $1.22 earnings per share. The business's revenue for the quarter 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. As a group, equities analysts forecast that Pentair plc will post 4.77 EPS for the current year.

Analysts Set New Price Targets

PNR has been the topic of several research analyst reports. Mizuho raised their target price on shares of Pentair from $118.00 to $122.00 and gave the company an "outperform" rating in a research note on Wednesday, July 23rd. Citigroup reissued a "buy" rating and set a $125.00 target price (up previously from $99.00) on shares of Pentair in a research note on Monday, July 14th. JPMorgan Chase & Co. raised their target price on shares of Pentair from $113.00 to $116.00 and gave the company an "overweight" rating in a research note on Wednesday, July 23rd. TD Cowen cut shares of Pentair from a "buy" rating to a "hold" rating and lowered their target price for the company from $115.00 to $110.00 in a research note on Wednesday, July 23rd. Finally, Bank of America lowered shares of Pentair from a "neutral" rating to an "underperform" rating and reduced their price objective for the company from $106.00 to $100.00 in a research report on Tuesday, July 29th. Two equities research analysts have rated the stock with a Strong Buy rating, ten have given a Buy rating, three have assigned a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat, the stock presently has an average rating of "Moderate Buy" and a consensus 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.