Northwest & Ethical Investments L.P. Sells 2,410 Shares of Pentair plc $PNR

Key Points

• Northwest & Ethical Investments L.P. reduced its holdings in Pentair plc by 1.2%, now owning approximately 0.12% of the company worth $17.95 million after selling 2,410 shares.
• Several institutional investors, including Horizon Investments LLC and Larson Financial Group LLC, have increased their stakes in Pentair, with 92.37% of the stock currently held by such investors.
• Pentair's stock price has faced mixed ratings from analysts, with a consensus rating of "Moderate Buy" and a target price of $114.36, though Bank of America downgraded it to "underperform."

Northwest & Ethical Investments L.P. trimmed its holdings in Pentair plc (NYSE:PNR - Free Report) by 1.2% in the 1st quarter, according to its most recent filing with the SEC. The institutional investor owned 205,181 shares of the industrial products company's stock after selling 2,410 shares during the quarter. Northwest & Ethical Investments L.P. owned about 0.12% of Pentair worth $17,949,000 at the end of the most recent reporting period.

Several other large investors also recently bought and sold shares of the business. Raymond James Financial Inc. increased its holdings in Pentair by 79.6% in the 1st quarter. Raymond James Financial Inc. now owns 267,453 shares of the industrial products company's stock worth $23,397,000 after buying an additional 118,521 shares in the last quarter. Cresset Asset Management LLC increased its holdings in Pentair by 13.0% in the 1st quarter. Cresset Asset Management LLC now owns 90,162 shares of the industrial products company's stock worth $7,887,000 after buying an additional 10,378 shares in the last quarter. American Century Companies Inc. increased its holdings in Pentair by 8.6% in the 1st quarter. American Century Companies Inc. now owns 8,837 shares of the industrial products company's stock worth $773,000 after buying an additional 703 shares in the last quarter. Ethic Inc. increased its holdings in Pentair by 1.3% in the 1st quarter. Ethic Inc. now owns 23,300 shares of the industrial products company's stock worth $2,051,000 after buying an additional 309 shares in the last quarter. Finally, Element Capital Management LLC bought a new stake in Pentair in the 1st quarter worth about $2,648,000. 92.37% of the stock is currently owned by institutional investors.

Wall Street Analysts Forecast Growth

Several equities research analysts recently commented on PNR shares. Mizuho lifted their price objective on Pentair from $118.00 to $122.00 and gave the stock an "outperform" rating in a report on Wednesday, July 23rd. The Goldman Sachs Group set a $95.00 price target on Pentair and gave the company a "neutral" rating in a research note on Tuesday, April 22nd. Bank of America downgraded Pentair from a "neutral" rating to an "underperform" rating and cut their price target for the company from $106.00 to $100.00 in a research note on Tuesday, July 29th. Royal Bank Of Canada boosted their price target on Pentair from $99.00 to $101.00 and gave the company an "outperform" rating in a research note on Wednesday, April 23rd. Finally, Oppenheimer boosted their price target on Pentair from $118.00 to $120.00 and gave the company an "outperform" rating in a research note on Wednesday, July 23rd. Two equities research analysts have rated the stock with a Strong Buy rating, ten have assigned a Buy rating, three have given a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat.com, Pentair has a consensus rating of "Moderate Buy" and an average target price of $114.36.

Pentair Stock Performance

Shares of NYSE:PNR traded down $2.0610 during mid-day trading on Wednesday, reaching $105.0190. 1,242,156 shares of the company traded hands, compared to its average volume of 1,560,526. The company's 50 day moving average price is $103.26 and its 200-day moving average price is $95.66. The firm has a market cap of $17.22 billion, a PE ratio of 28.69, a PEG ratio of 2.02 and a beta of 1.07. The company has a debt-to-equity ratio of 0.38, a current ratio of 1.45 and a quick ratio of 0.84. Pentair plc has a 52 week low of $74.25 and a 52 week high of $110.71.

Pentair (NYSE:PNR - Get Free Report) last announced its quarterly earnings data 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 company had revenue of $1.12 billion during the quarter, compared to the consensus estimate of $1.12 billion. Pentair had a return on equity of 21.62% and a net margin of 14.86%.The firm's revenue was up 2.2% on a year-over-year basis. During the same period in the previous year, the company 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 analysts expect that Pentair plc will post 4.77 EPS for the current fiscal year.

Pentair Company 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.