Pentair plc $PNR Shares Acquired by Voleon Capital Management LP

Key Points

• Voleon Capital Management LP increased its holdings in Pentair plc by 209.5% during the first quarter, now owning 33,447 shares valued at approximately $2.93 million.
• Analysts have upgraded Pentair's stock ratings, with Mizuho raising their target price from $118.00 to $122.00 and Citigroup increasing their target from $99.00 to $125.00.
• Pentair reported $1.39 EPS for the latest quarter, exceeding expectations of $1.33, along with an annual revenue growth of 2.2%.

Voleon Capital Management LP grew its stake in Pentair plc (NYSE:PNR - Free Report) by 209.5% during the 1st quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 33,447 shares of the industrial products company's stock after purchasing an additional 22,639 shares during the quarter. Voleon Capital Management LP's holdings in Pentair were worth $2,926,000 as of its most recent SEC filing.

Several other institutional investors have also modified their holdings of PNR. Opal Wealth Advisors LLC acquired a new stake in shares of Pentair in the first quarter valued at about $28,000. NBC Securities Inc. acquired a new position in Pentair during the first quarter worth about $33,000. Horizon Financial Services LLC acquired a new position in Pentair during the first quarter worth about $38,000. North Capital Inc. acquired a new position in Pentair during the first quarter worth about $38,000. Finally, Versant Capital Management Inc boosted its position in Pentair by 128.4% during the first quarter. Versant Capital Management Inc now owns 507 shares of the industrial products company's stock worth $44,000 after acquiring an additional 285 shares during the last quarter. Institutional investors and hedge funds own 92.37% of the company's stock.

Wall Street Analyst Weigh In

PNR has been the topic of several recent analyst reports. Citigroup reiterated a "buy" rating and issued a $125.00 target price (up from $99.00) on shares of Pentair in a report on Monday, July 14th. TD Cowen lowered shares of Pentair from a "buy" rating to a "hold" rating and decreased their target price for the company from $115.00 to $110.00 in a report on Wednesday, July 23rd. Barclays boosted their target price on shares of Pentair from $116.00 to $117.00 and gave the company an "overweight" rating in a report on Wednesday, July 23rd. JPMorgan Chase & Co. boosted their target price on shares of Pentair from $113.00 to $116.00 and gave the company an "overweight" rating in a report on Wednesday, July 23rd. Finally, Oppenheimer boosted their target price on shares of Pentair from $118.00 to $120.00 and gave the company an "outperform" rating in a report on Wednesday, July 23rd. 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 assigned a Sell rating to the stock. According to data from MarketBeat, Pentair has a consensus rating of "Moderate Buy" and a consensus target price of $114.36.

Pentair Trading Down 1.4%

NYSE PNR traded down $1.59 during trading on Friday, hitting $111.00. The stock had a trading volume of 915,213 shares, compared to its average volume of 1,514,807. The company has a market capitalization of $18.20 billion, a PE ratio of 30.33, a PEG ratio of 2.09 and a beta of 1.08. Pentair plc has a twelve month low of $74.25 and a twelve month high of $112.91. The company has a quick ratio of 0.84, a current ratio of 1.45 and a debt-to-equity ratio of 0.38. The firm has a 50 day moving average price of $105.98 and a 200 day moving average price of $96.99.

Pentair (NYSE:PNR - Get Free Report) last released its earnings results on Tuesday, July 22nd. The industrial products company reported $1.39 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $1.33 by $0.06. The company had revenue of $1.12 billion for the quarter, compared to analyst estimates 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 period in the prior year, the business 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. As a group, equities research analysts forecast that Pentair plc will post 4.77 earnings per share for the current year.

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.