Sequoia Financial Advisors LLC Buys 4,172 Shares of Pentair plc $PNR

Key Points

• Sequoia Financial Advisors LLC significantly increased its stake in Pentair plc by 93.7% in Q2, acquiring an additional 4,172 shares, bringing its total holdings to 8,625 shares valued at approximately $885,000.
• Recent analyst reports have been positive, with firms like Oppenheimer and JPMorgan Chase lifting their price targets for Pentair, now ranging from $120.00 to $126.00, and the stock holds a consensus rating of "Moderate Buy."
• Pentair announced a quarterly dividend of $0.25 per share, payable on November 7, with an annualized yield of 0.9%, reflecting a payout ratio of 27.32%.

Sequoia Financial Advisors LLC raised its stake in shares of Pentair plc (NYSE:PNR - Free Report) by 93.7% in the second quarter, according to the company in its most recent disclosure with the SEC. The firm owned 8,625 shares of the industrial products company's stock after acquiring an additional 4,172 shares during the quarter. Sequoia Financial Advisors LLC's holdings in Pentair were worth $885,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors also recently made changes to their positions in PNR. Valeo Financial Advisors LLC bought a new position in shares of Pentair during the second quarter valued at $102,945,000. Ameriprise Financial Inc. raised its holdings in shares of Pentair by 373.8% in the first quarter. Ameriprise Financial Inc. now owns 1,137,682 shares of the industrial products company's stock valued at $99,523,000 after buying an additional 897,585 shares during the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC raised its holdings in shares of Pentair by 19.1% in the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 4,129,805 shares of the industrial products company's stock valued at $361,275,000 after buying an additional 661,154 shares during the last quarter. Pacer Advisors Inc. raised its holdings in shares of Pentair by 4,231.6% in the first quarter. Pacer Advisors Inc. now owns 622,185 shares of the industrial products company's stock valued at $54,429,000 after buying an additional 607,821 shares during the last quarter. Finally, Amundi raised its holdings in shares of Pentair by 13.6% in the first quarter. Amundi now owns 4,974,612 shares of the industrial products company's stock valued at $412,033,000 after buying an additional 594,989 shares during the last quarter. 92.37% of the stock is owned by institutional investors.

Analyst Upgrades and Downgrades

A number of research analysts recently issued reports on the company. Oppenheimer lifted their price target on Pentair from $118.00 to $120.00 and gave the company an "outperform" rating in a report on Wednesday, July 23rd. JPMorgan Chase & Co. lifted their price target on Pentair from $116.00 to $126.00 and gave the company an "overweight" rating in a report on Wednesday. Weiss Ratings reaffirmed a "buy (b-)" rating on shares of Pentair in a report on Wednesday, October 8th. Barclays lifted their price target on Pentair from $117.00 to $125.00 and gave the company an "overweight" rating in a report on Wednesday, October 1st. Finally, Stifel Nicolaus boosted their price objective on Pentair from $104.00 to $124.00 and gave the stock a "buy" rating in a report on Monday, July 21st. Two investment analysts have rated the stock with a Strong Buy rating, eleven have issued a Buy rating, three have assigned a Hold rating and one has assigned a Sell rating to the company's stock. Based on data from MarketBeat, Pentair currently has a consensus rating of "Moderate Buy" and an average price target of $116.21.

Pentair Price Performance

Shares of PNR opened at $108.82 on Friday. The company has a debt-to-equity ratio of 0.38, a quick ratio of 0.84 and a current ratio of 1.45. The stock has a 50 day simple moving average of $109.05 and a 200 day simple moving average of $100.89. Pentair plc has a 52-week low of $74.25 and a 52-week high of $113.95. The firm has a market capitalization of $17.84 billion, a PE ratio of 29.73, a P/E/G ratio of 2.06 and a beta of 1.10.

Pentair (NYSE:PNR - Get Free Report) last released its earnings results on Tuesday, July 22nd. The industrial products company reported $1.39 EPS for the quarter, beating the consensus estimate of $1.33 by $0.06. The firm had revenue of $1.12 billion for the quarter, compared to analysts' expectations of $1.12 billion. Pentair had a return on equity of 21.62% and a net margin of 14.86%.The business's quarterly revenue was up 2.2% compared to the same quarter last year. During the same quarter in the previous year, the business 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. Sell-side analysts predict that Pentair plc will post 4.77 EPS for the current fiscal year.

Pentair Announces Dividend

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

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