Thematics Asset Management Sells 27,000 Shares of Pentair plc $PNR

Key Points

• Thematics Asset Management reduced its holdings in Pentair plc by 18.5%, owning approximately 0.07% of the company after selling 27,000 shares.
• Pentair's stock has seen significant attention, with multiple analysts raising their price targets, including Stifel Nicolaus, which increased its target from $104 to $124.
• The company reported earnings per share (EPS) of $1.39 for the last quarter, exceeding consensus estimates and setting guidance for Q3 2025 at 1.160-1.20 EPS.

Thematics Asset Management lowered its position in Pentair plc (NYSE:PNR - Free Report) by 18.5% in the 1st quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 119,237 shares of the industrial products company's stock after selling 27,000 shares during the quarter. Thematics Asset Management owned approximately 0.07% of Pentair worth $10,431,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other large investors have also recently made changes to their positions in the business. Parvin Asset Management LLC purchased a new stake in shares of Pentair in the 4th quarter valued at $25,000. Opal Wealth Advisors LLC bought a new stake in Pentair in the first quarter worth $28,000. NBC Securities Inc. purchased a new stake in Pentair during the first quarter valued at about $33,000. Colonial Trust Co SC grew its stake in shares of Pentair by 230.8% during the fourth quarter. Colonial Trust Co SC now owns 344 shares of the industrial products company's stock valued at $35,000 after buying an additional 240 shares during the last quarter. Finally, Horizon Financial Services LLC bought a new position in shares of Pentair during the first quarter valued at about $38,000. 92.37% of the stock is owned by hedge funds and other institutional investors.

Pentair Trading Down 0.1%

Shares of NYSE:PNR traded down $0.11 on Thursday, hitting $109.23. The company had a trading volume of 817,107 shares, compared to its average volume of 1,544,466. The firm's 50-day simple moving average is $104.44 and its two-hundred day simple moving average is $96.03. The firm has a market capitalization of $17.91 billion, a price-to-earnings ratio of 29.85, a P/E/G ratio of 2.09 and a beta of 1.07. 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 1 year low of $74.25 and a 1 year high of $110.71.

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 (EPS) 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 company had revenue of $1.12 billion during the quarter, compared to the consensus estimate of $1.12 billion. During the same period in the prior year, the firm earned $1.22 earnings per share. Pentair'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. Equities analysts anticipate that Pentair plc will post 4.77 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

PNR has been the subject of a number of recent research reports. Robert W. Baird boosted their target price on Pentair from $107.00 to $121.00 and gave the company an "outperform" rating in a research note on Wednesday, July 23rd. Bank of America lowered Pentair from a "neutral" rating to an "underperform" rating and dropped their price objective for the company from $106.00 to $100.00 in a research note on Tuesday, July 29th. Wall Street Zen upgraded shares of Pentair from a "hold" rating to a "buy" rating in a report on Saturday, July 26th. Mizuho upped their price target on shares of Pentair from $118.00 to $122.00 and gave the company an "outperform" rating in a report on Wednesday, July 23rd. Finally, Oppenheimer increased their price target on shares of Pentair from $118.00 to $120.00 and gave the company an "outperform" rating in a research report on Wednesday, July 23rd. Two investment analysts have rated the stock with a Strong Buy rating, ten have assigned a Buy rating, three have assigned a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat, the company currently has a consensus rating of "Moderate Buy" and a consensus 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.