Gates Capital Management Inc. Has $130.28 Million Stock Position in Pentair plc $PNR

Key Points

• Gates Capital Management Inc. increased its holdings in Pentair plc by 11.8%, making Pentair the 9th biggest position in its investment portfolio, with its stake valued at approximately $130 million.
• Pentair's stock has a current market cap of $17.62 billion and reported earnings per share of $1.39 for the last quarter, beating estimates, but its shares recently saw a slight decline of 1.5%.
• Analysts have set mixed ratings for Pentair, with price targets ranging from $100 to $124, reflecting a consensus rating of "Moderate Buy".

Gates Capital Management Inc. increased its position in Pentair plc (NYSE:PNR - Free Report) by 11.8% in the 1st quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 1,489,233 shares of the industrial products company's stock after buying an additional 157,093 shares during the quarter. Pentair comprises approximately 2.6% of Gates Capital Management Inc.'s holdings, making the stock its 9th largest position. Gates Capital Management Inc. owned approximately 0.91% of Pentair worth $130,278,000 at the end of the most recent quarter.

Several other institutional investors have also modified their holdings of the company. Invesco Ltd. lifted its holdings 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 valued at $335,047,000 after purchasing an additional 541,461 shares during the last quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC lifted its stake in Pentair by 6.7% in the 4th 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 acquiring an additional 217,867 shares in the last quarter. Northern Trust Corp lifted its stake in Pentair by 7.3% in the 1st quarter. Northern Trust Corp now owns 2,105,727 shares of the industrial products company's stock worth $184,209,000 after acquiring an additional 143,464 shares in the last quarter. Massachusetts Financial Services Co. MA lifted its stake in Pentair by 2.5% in the 1st quarter. Massachusetts Financial Services Co. MA now owns 2,050,774 shares of the industrial products company's stock worth $179,402,000 after acquiring an additional 50,718 shares in the last quarter. Finally, Kayne Anderson Rudnick Investment Management LLC lifted its stake in Pentair by 1.0% in the 1st quarter. Kayne Anderson Rudnick Investment Management LLC now owns 1,767,782 shares of the industrial products company's stock worth $154,646,000 after acquiring an additional 17,817 shares in the last quarter. Institutional investors and hedge funds own 92.37% of the company's stock.

Pentair Stock Up 0.4%

NYSE PNR traded up $0.47 during trading hours on Wednesday, hitting $106.76. 934,825 shares of the company traded hands, compared to its average volume of 1,222,957. Pentair plc has a twelve month low of $74.25 and a twelve month high of $110.71. The stock has a market capitalization of $17.50 billion, a price-to-earnings ratio of 29.17, a P/E/G ratio of 2.06 and a beta of 1.08. The business's 50-day moving average is $105.27 and its 200-day moving average is $96.36. 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 (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 for the quarter, topping the consensus estimate of $1.33 by $0.06. Pentair had a return on equity of 21.62% and a net margin of 14.86%.The business had revenue of $1.12 billion during the quarter, compared to analysts' expectations of $1.12 billion. During the same period last year, the firm posted $1.22 EPS. The firm's revenue for the quarter 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. Sell-side analysts anticipate that Pentair plc will post 4.77 earnings per share for the current year.

Analysts Set New Price Targets

PNR has been the subject of a number of recent research reports. Oppenheimer raised their price target on Pentair from $118.00 to $120.00 and gave the stock an "outperform" rating in a research note on Wednesday, July 23rd. Wall Street Zen raised Pentair from a "hold" rating to a "buy" rating in a research report on Saturday, July 26th. JPMorgan Chase & Co. lifted their price objective on Pentair from $113.00 to $116.00 and gave the stock an "overweight" rating in a report on Wednesday, July 23rd. Mizuho boosted their price target on Pentair from $118.00 to $122.00 and gave the company an "outperform" rating in a research note on Wednesday, July 23rd. Finally, Bank of America lowered Pentair from a "neutral" rating to an "underperform" rating and decreased their price target for the company from $106.00 to $100.00 in a research note on Tuesday, July 29th. Two analysts have rated the stock with a Strong Buy rating, ten have issued a Buy rating, three have given a Hold rating and one has given a Sell rating to the company's stock. According to MarketBeat, the company currently has a consensus rating of "Moderate Buy" and an average price target of $114.36.

About Pentair

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.