Pentair plc $PNR Shares Sold by State of New Jersey Common Pension Fund D

Key Points

• The State of New Jersey Common Pension Fund D reduced its stake in Pentair plc by 10.7%, now owning 50,640 shares valued at approximately $4.43 million.
• Various institutional investors have increased their holdings in Pentair, with Invesco Ltd. adding 541,461 shares, representing a 16.5% increase during the 1st quarter.
• Pentair reported a quarterly EPS of $1.39, exceeding the consensus estimate, and set Q3 2025 guidance at 1.160-1.20 EPS, with analysts expecting 4.77 EPS for the current fiscal year.

State of New Jersey Common Pension Fund D lessened its holdings in Pentair plc (NYSE:PNR - Free Report) by 10.7% during the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 50,640 shares of the industrial products company's stock after selling 6,044 shares during the quarter. State of New Jersey Common Pension Fund D's holdings in Pentair were worth $4,430,000 at the end of the most recent quarter.

Several other large investors also recently bought and sold shares of PNR. Raymond James Financial Inc. acquired a new position in Pentair in the fourth quarter valued at $14,989,000. Guggenheim Capital LLC boosted its stake in Pentair by 15.2% in the fourth quarter. Guggenheim Capital LLC now owns 2,734 shares of the industrial products company's stock valued at $275,000 after acquiring an additional 360 shares in the last quarter. Canada Pension Plan Investment Board boosted its stake in Pentair by 34.7% in the fourth quarter. Canada Pension Plan Investment Board now owns 22,524 shares of the industrial products company's stock valued at $2,267,000 after acquiring an additional 5,800 shares in the last quarter. GeoWealth Management LLC boosted its stake in Pentair by 136.9% in the fourth quarter. GeoWealth Management LLC now owns 1,310 shares of the industrial products company's stock valued at $132,000 after acquiring an additional 757 shares in the last quarter. Finally, Norinchukin Bank The boosted its stake in Pentair by 10.0% in the fourth quarter. Norinchukin Bank The now owns 7,600 shares of the industrial products company's stock valued at $765,000 after acquiring an additional 690 shares in the last quarter. Institutional investors and hedge funds own 92.37% of the company's stock.

Wall Street Analyst Weigh In

Several equities analysts have issued reports on PNR shares. Oppenheimer upped their price objective on shares of Pentair from $118.00 to $120.00 and gave the company an "outperform" rating in a research note on Wednesday, July 23rd. Citigroup restated a "buy" rating and issued a $125.00 price objective (up previously from $99.00) on shares of Pentair in a research note on Monday, July 14th. Mizuho increased their target price on shares of Pentair from $118.00 to $122.00 and gave the stock an "outperform" rating in a research note on Wednesday, July 23rd. Barclays increased their target price 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, Stifel Nicolaus increased their target price on shares of Pentair from $104.00 to $124.00 and gave the stock a "buy" rating in a research note on Monday, July 21st. Two investment analysts have rated the stock with a Strong Buy rating, ten have given a Buy rating, three have given a Hold rating and one has issued a Sell rating to the company's stock. According to data from MarketBeat.com, the company presently has an average rating of "Moderate Buy" and an average price target of $114.36.

Pentair Price Performance

Shares of PNR traded up $4.0520 during mid-day trading on Friday, reaching $108.4920. 1,257,989 shares of the company's stock were exchanged, compared to its average volume of 1,523,228. 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 company has a 50-day simple moving average of $103.72 and a two-hundred day simple moving average of $95.81. Pentair plc has a 52-week low of $74.25 and a 52-week high of $110.71. The company has a market cap of $17.79 billion, a price-to-earnings ratio of 29.64, a PEG ratio of 2.00 and a beta of 1.07.

Pentair (NYSE:PNR - Get Free Report) last issued 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. 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 period last year, the company posted $1.22 EPS. The company's revenue was up 2.2% on a year-over-year basis. Pentair has set its Q3 2025 guidance at 1.160-1.20 EPS. FY 2025 guidance at 4.750-4.85 EPS. On average, sell-side analysts predict that Pentair plc will post 4.77 EPS for the current fiscal 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.