Pentair plc $PNR Shares Acquired by Vanguard Personalized Indexing Management LLC

Key Points

• Vanguard Personalized Indexing Management LLC increased its holdings in Pentair plc by 18.0%, acquiring an additional 3,526 shares, bringing their total to 23,100 shares worth approximately $2.375 million.
• Wall Street analysts have positive outlooks on Pentair, with Oppenheimer and Robert W. Baird raising their target prices significantly, while Bank of America downgraded the stock to "underperform."
• Pentair announced a quarterly dividend of $0.25 per share, set to be paid on November 7th, reflecting a 0.9% yield and a payout ratio currently at 27.32%.

Vanguard Personalized Indexing Management LLC lifted its position in Pentair plc (NYSE:PNR - Free Report) by 18.0% during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 23,100 shares of the industrial products company's stock after acquiring an additional 3,526 shares during the period. Vanguard Personalized Indexing Management LLC's holdings in Pentair were worth $2,375,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds have also recently added to or reduced their stakes in the company. Horizon Financial Services LLC purchased a new position in Pentair in the 1st quarter valued at $38,000. North Capital Inc. acquired a new stake in shares of Pentair in the first quarter valued at about $38,000. Garde Capital Inc. purchased a new position in shares of Pentair in the second quarter worth about $41,000. North Star Investment Management Corp. boosted its position in Pentair by 91.5% during the second quarter. North Star Investment Management Corp. now owns 404 shares of the industrial products company's stock worth $41,000 after acquiring an additional 193 shares during the last quarter. Finally, Brooklyn Investment Group grew its stake in Pentair by 14.8% during the 1st quarter. Brooklyn Investment Group now owns 847 shares of the industrial products company's stock valued at $74,000 after acquiring an additional 109 shares in the last quarter. 92.37% of the stock is owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

A number of research firms have weighed in on PNR. Oppenheimer raised their target price on shares of Pentair from $118.00 to $120.00 and gave the stock an "outperform" rating in a research note on Wednesday, July 23rd. Weiss Ratings reiterated a "buy (b-)" rating on shares of Pentair in a research report on Wednesday, October 8th. Robert W. Baird upped their target price on Pentair from $107.00 to $121.00 and gave the company an "outperform" rating in a report on Wednesday, July 23rd. Stifel Nicolaus raised their target price on Pentair from $104.00 to $124.00 and gave the stock a "buy" rating in a research note on Monday, July 21st. Finally, Bank of America cut shares of Pentair from a "neutral" rating to an "underperform" rating and lowered their price target for the company from $106.00 to $100.00 in a research report on Tuesday, July 29th. Two research analysts have rated the stock with a Strong Buy rating, eleven have issued a Buy rating, three have issued a Hold rating and one has issued a Sell rating to the company's stock. According to MarketBeat, the stock has an average rating of "Moderate Buy" and an average price target of $116.21.

Pentair Stock Performance

NYSE PNR opened at $110.29 on Thursday. The stock has a market cap of $18.08 billion, a PE ratio of 30.14, a P/E/G ratio of 2.09 and a beta of 1.10. Pentair plc has a twelve month low of $74.25 and a twelve month high of $113.95. The stock has a fifty day simple moving average of $108.80 and a 200-day simple moving average of $100.52. 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 posted its quarterly earnings data on Tuesday, July 22nd. The industrial products company reported $1.39 earnings per share for the quarter, topping analysts' consensus estimates of $1.33 by $0.06. The firm had revenue of $1.12 billion during the quarter, compared to analysts' expectations of $1.12 billion. Pentair had a net margin of 14.86% and a return on equity of 21.62%. The firm's quarterly revenue was up 2.2% on a year-over-year basis. During the same quarter last 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. Equities analysts anticipate that Pentair plc will post 4.77 earnings per share for the current year.

Pentair Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Friday, November 7th. Investors of record on Friday, October 24th will be paid a dividend of $0.25 per share. The ex-dividend date of this dividend is Friday, October 24th. This represents a $1.00 annualized dividend and a yield of 0.9%. Pentair's dividend payout ratio is presently 27.32%.

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.

Want to see what other hedge funds are holding PNR? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Pentair plc (NYSE:PNR - Free Report).

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.