Clark Capital Management Group Inc. Sells 1,166,646 Shares of Pentair plc $PNR

Key Points

• Clark Capital Management Group Inc. has significantly reduced its holdings in Pentair plc, selling 1,166,646 shares and now owning only 281,955 shares, which is an 80.5% decrease in its position.
• Analysts have mixed views on Pentair, with Stifel Nicolaus raising its price target to $124 maintaining a "buy" rating, while Bank of America downgraded their rating to "underperform" with a reduced price target of $100.
• Pentair's recent earnings report showed a net income increase, reporting $1.39 EPS for the quarter, which surpassed analysts' expectations, and the company has provided future EPS guidance for Q3 2025 between 1.160 and 1.200.

Clark Capital Management Group Inc. decreased its stake in shares of Pentair plc (NYSE:PNR - Free Report) by 80.5% in the 1st quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 281,955 shares of the industrial products company's stock after selling 1,166,646 shares during the period. Clark Capital Management Group Inc. owned approximately 0.17% of Pentair worth $24,665,000 at the end of the most recent quarter.

A number of other large investors have also recently added to or reduced their stakes in PNR. Opal Wealth Advisors LLC bought a new position in shares of Pentair during the first quarter worth about $28,000. Colonial Trust Co SC grew its stake in shares of Pentair by 230.8% during the 4th quarter. Colonial Trust Co SC now owns 344 shares of the industrial products company's stock worth $35,000 after acquiring an additional 240 shares in the last quarter. NBC Securities Inc. bought a new position in Pentair in the first quarter valued at $33,000. North Capital Inc. bought a new position in Pentair in the first quarter valued at $38,000. Finally, Horizon Financial Services LLC bought a new position in Pentair in the first quarter valued at $38,000. Institutional investors own 92.37% of the company's stock.

Wall Street Analysts Forecast Growth

PNR has been the subject of a number of analyst reports. Barclays raised their price target on Pentair from $116.00 to $117.00 and gave the company an "overweight" rating in a research note on Wednesday, July 23rd. Stifel Nicolaus lifted their price target on Pentair from $104.00 to $124.00 and gave the stock a "buy" rating in a report on Monday, July 21st. Oppenheimer lifted their target price on Pentair from $118.00 to $120.00 and gave the stock an "outperform" rating in a research note on Wednesday, July 23rd. Mizuho lifted their target price on Pentair from $118.00 to $122.00 and gave the stock an "outperform" rating in a research note on Wednesday, July 23rd. Finally, Robert W. Baird lifted their price objective on shares of Pentair from $107.00 to $121.00 and gave the stock an "outperform" rating in a research report on Wednesday, July 23rd. Two analysts have rated the stock with a Strong Buy rating, ten have given a Buy rating, three have issued a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat.com, the company presently has an average rating of "Moderate Buy" and a consensus target price of $114.36.

Pentair Price Performance

Shares of NYSE:PNR traded up $0.60 during trading on Friday, reaching $110.66. 1,118,577 shares of the company traded hands, compared to its average volume of 1,147,402. The company's 50 day moving average is $105.55 and its two-hundred day moving average is $96.56. The firm has a market capitalization of $18.14 billion, a PE ratio of 30.24, a PEG ratio of 2.12 and a beta of 1.08. The company has a quick ratio of 0.84, a current ratio of 1.45 and a debt-to-equity ratio of 0.38. Pentair plc has a 52 week low of $74.25 and a 52 week high of $111.80.

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 the consensus estimate of $1.33 by $0.06. Pentair had a net margin of 14.86% and a return on equity of 21.62%. The business had revenue of $1.12 billion during the quarter, compared to analysts' expectations of $1.12 billion. During the same quarter in the prior year, the business posted $1.22 earnings per share. Pentair's revenue 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. As a group, sell-side analysts predict that Pentair plc will post 4.77 earnings per share for the current year.

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.