National Pension Service Sells 260,054 Shares of Pentair plc $PNR

Key Points

• The National Pension Service has reduced its stake in Pentair plc by 87.7%, selling 260,054 shares and holding 36,500 shares worth approximately $3.19 million.
• Pentair reported earnings of $1.39 per share, exceeding analysts' expectations of $1.33, with a revenue of $1.12 billion for the quarter.
• Analyst ratings for Pentair show a consensus of "Moderate Buy" with a target price of $114.36, as only one analyst rated it as a sell.

National Pension Service trimmed its holdings in shares of Pentair plc (NYSE:PNR - Free Report) by 87.7% during the first quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 36,500 shares of the industrial products company's stock after selling 260,054 shares during the quarter. National Pension Service's holdings in Pentair were worth $3,193,000 as of its most recent filing with the SEC.

A number of other hedge funds have also bought and sold shares of the business. Asset Management One Co. Ltd. lifted its position in shares of Pentair by 4.8% during the 1st quarter. Asset Management One Co. Ltd. now owns 75,337 shares of the industrial products company's stock valued at $6,590,000 after acquiring an additional 3,476 shares during the period. Sequoia Financial Advisors LLC increased its stake in Pentair by 31.5% in the first quarter. Sequoia Financial Advisors LLC now owns 4,453 shares of the industrial products company's stock valued at $390,000 after acquiring an additional 1,067 shares during the last quarter. Fifth Third Bancorp increased its stake in Pentair by 6.6% in the first quarter. Fifth Third Bancorp now owns 4,075 shares of the industrial products company's stock valued at $356,000 after acquiring an additional 253 shares during the last quarter. GAMMA Investing LLC increased its stake in Pentair by 14.0% in the first quarter. GAMMA Investing LLC now owns 3,964 shares of the industrial products company's stock valued at $347,000 after acquiring an additional 487 shares during the last quarter. Finally, Ritholtz Wealth Management increased its stake in Pentair by 44.7% in the first quarter. Ritholtz Wealth Management now owns 3,031 shares of the industrial products company's stock valued at $265,000 after acquiring an additional 937 shares during the last quarter. 92.37% of the stock is owned by institutional investors.

Analyst Ratings Changes

PNR has been the subject of a number of research reports. Oppenheimer increased their target price on shares of Pentair from $118.00 to $120.00 and gave the stock an "outperform" rating in a report on Wednesday, July 23rd. Wall Street Zen raised shares of Pentair from a "hold" rating to a "buy" rating in a report on Saturday, July 26th. Mizuho increased their target price on shares of Pentair from $118.00 to $122.00 and gave the stock an "outperform" rating in a report on Wednesday, July 23rd. Barclays increased their target price on shares of Pentair from $116.00 to $117.00 and gave the stock an "overweight" rating in a report on Wednesday, July 23rd. Finally, Bank of America cut shares of Pentair from a "neutral" rating to an "underperform" rating and dropped their target price for the stock from $106.00 to $100.00 in a report on Tuesday, July 29th. Two equities research 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. According to MarketBeat, the company has a consensus rating of "Moderate Buy" and a consensus price target of $114.36.

Pentair Trading Up 4.4%

Shares of PNR stock traded up $4.5580 during trading hours on Friday, hitting $108.9980. 288,131 shares of the company's stock traded hands, compared to its average volume of 1,547,161. The stock's 50 day simple moving average is $103.48 and its 200 day simple moving average is $95.74. The stock has a market cap of $17.87 billion, a PE ratio of 29.77, a price-to-earnings-growth ratio of 2.01 and a beta of 1.07. Pentair plc has a 12 month low of $74.25 and a 12 month high of $110.71. The company has a quick ratio of 0.84, a current ratio of 1.45 and a debt-to-equity ratio of 0.38.

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 (EPS) for the quarter, beating the consensus estimate of $1.33 by $0.06. The firm had revenue of $1.12 billion during the quarter, compared to the consensus estimate of $1.12 billion. Pentair had a net margin of 14.86% and a return on equity of 21.62%. The company's revenue for the quarter was up 2.2% on a year-over-year basis. During the same quarter last year, the firm 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. On average, sell-side analysts anticipate that Pentair plc will post 4.77 EPS for the current 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.