Nuveen LLC Takes $38.66 Million Position in Pentair plc $PNR

Key Points

• Nuveen LLC has invested approximately $38.66 million in Pentair plc by purchasing 441,966 shares during the first quarter, increasing its stake to 0.27% of the company.
• Pentair plc's stock has seen trading fluctuations with a 12-month high of $110.71 and a low of $74.25, currently sitting at $105.04.
• Equities analysts have a consensus rating of "Moderate Buy" for Pentair, with an average price target of $114.36, indicating optimistic potential for stock price appreciation.

Nuveen LLC bought a new stake in Pentair plc (NYSE:PNR - Free Report) in the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor bought 441,966 shares of the industrial products company's stock, valued at approximately $38,663,000. Nuveen LLC owned approximately 0.27% of Pentair at the end of the most recent quarter.

Several other large investors have also modified their holdings of PNR. Asset Management One Co. Ltd. boosted its stake in 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 worth $6,590,000 after purchasing an additional 3,476 shares during the period. Sequoia Financial Advisors LLC boosted its stake in Pentair by 31.5% during the 1st quarter. Sequoia Financial Advisors LLC now owns 4,453 shares of the industrial products company's stock worth $390,000 after purchasing an additional 1,067 shares during the period. Fifth Third Bancorp boosted its stake in Pentair by 6.6% during the 1st quarter. Fifth Third Bancorp now owns 4,075 shares of the industrial products company's stock worth $356,000 after purchasing an additional 253 shares during the period. GAMMA Investing LLC boosted its stake in Pentair by 14.0% during the 1st quarter. GAMMA Investing LLC now owns 3,964 shares of the industrial products company's stock worth $347,000 after purchasing an additional 487 shares during the period. Finally, Ritholtz Wealth Management boosted its stake in Pentair by 44.7% during the 1st quarter. Ritholtz Wealth Management now owns 3,031 shares of the industrial products company's stock worth $265,000 after purchasing an additional 937 shares during the period. Institutional investors and hedge funds own 92.37% of the company's stock.

Pentair Stock Performance

Pentair stock traded down $0.5560 during trading hours on Thursday, reaching $104.4840. 738,782 shares of the stock were exchanged, compared to its average volume of 1,627,585. The stock has a market cap of $17.13 billion, a P/E ratio of 28.55, a P/E/G ratio of 2.01 and a beta of 1.07. 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 plc has a 52-week low of $74.25 and a 52-week high of $110.71. The firm's 50 day moving average is $103.48 and its 200 day moving average is $95.74.

Pentair (NYSE:PNR - Get Free Report) last announced its quarterly earnings data on Tuesday, July 22nd. The industrial products company reported $1.39 EPS for the quarter, topping 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 net margin of 14.86% and a return on equity of 21.62%. Pentair's quarterly revenue was up 2.2% on a year-over-year basis. During the same quarter in the prior year, the firm earned $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. Analysts predict that Pentair plc will post 4.77 EPS for the current fiscal year.

Analyst Ratings Changes

A number of analysts recently weighed in on PNR shares. TD Cowen cut shares of Pentair from a "buy" rating to a "hold" rating and decreased their price target for the stock from $115.00 to $110.00 in a research note on Wednesday, July 23rd. Robert W. Baird increased their price target on shares of Pentair from $107.00 to $121.00 and gave the stock an "outperform" rating in a research note on Wednesday, July 23rd. UBS Group decreased their price target on shares of Pentair from $115.00 to $110.00 and set a "buy" rating for the company in a research note on Wednesday, April 23rd. Barclays increased their price target on shares of Pentair from $116.00 to $117.00 and gave the stock an "overweight" rating in a research note on Wednesday, July 23rd. Finally, Mizuho upped their price objective on shares of Pentair from $118.00 to $122.00 and gave the stock an "outperform" rating in a research report 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 assigned a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat, the company presently 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.