Swedbank AB Trims Position in Pentair plc $PNR

Key Points

• Swedbank AB reduced its stake in Pentair plc by 28.9% during the first quarter, now holding 726,271 shares valued at approximately $63.5 million.
• Pentair's latest quarterly earnings exceeded analyst expectations, reporting $1.39 EPS against a forecast of $1.33, with a slight year-over-year revenue increase of 2.2%.
• Analyst ratings for Pentair are generally positive, with an average rating of "Moderate Buy" and a consensus target price of $114.36, following recent price upgrades from several research firms.

Swedbank AB lowered its position in shares of Pentair plc (NYSE:PNR - Free Report) by 28.9% during the first quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 726,271 shares of the industrial products company's stock after selling 295,000 shares during the period. Swedbank AB owned about 0.44% of Pentair worth $63,534,000 at the end of the most recent reporting period.

Several other institutional investors have also recently added to or reduced their stakes in the stock. Horizon Investments LLC increased its position in Pentair by 4.8% in the 1st quarter. Horizon Investments LLC now owns 2,372 shares of the industrial products company's stock valued at $207,000 after acquiring an additional 109 shares during the period. Brooklyn Investment Group increased its position in Pentair by 14.8% in the 1st quarter. Brooklyn Investment Group now owns 847 shares of the industrial products company's stock valued at $74,000 after acquiring an additional 109 shares during the period. Strategic Blueprint LLC increased its position in Pentair by 2.3% in the 1st quarter. Strategic Blueprint LLC now owns 5,521 shares of the industrial products company's stock valued at $483,000 after acquiring an additional 123 shares during the period. HB Wealth Management LLC increased its position in Pentair by 5.6% in the 1st quarter. HB Wealth Management LLC now owns 3,604 shares of the industrial products company's stock valued at $315,000 after acquiring an additional 192 shares during the period. Finally, Azzad Asset Management Inc. ADV increased its position in Pentair by 0.7% in the 4th quarter. Azzad Asset Management Inc. ADV now owns 29,930 shares of the industrial products company's stock valued at $3,012,000 after acquiring an additional 197 shares during the period. Institutional investors and hedge funds own 92.37% of the company's stock.

Pentair Price Performance

PNR stock traded up $2.87 on Thursday, reaching $112.33. The company had a trading volume of 321,453 shares, compared to its average volume of 1,503,321. Pentair plc has a 1 year low of $74.25 and a 1 year high of $112.91. 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 company's fifty day moving average is $106.34 and its 200 day moving average is $97.47. The company has a market cap of $18.41 billion, a P/E ratio of 30.76, a PEG ratio of 2.13 and a beta of 1.08.

Pentair (NYSE:PNR - Get Free Report) last posted its earnings results on Tuesday, July 22nd. The industrial products company reported $1.39 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $1.33 by $0.06. Pentair had a return on equity of 21.62% and a net margin of 14.86%.The firm had revenue of $1.12 billion for the quarter, compared to analyst estimates of $1.12 billion. During the same quarter in the prior year, the company earned $1.22 EPS. 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. On average, research analysts forecast that Pentair plc will post 4.77 earnings per share for the current year.

Wall Street Analyst Weigh In

PNR has been the topic of several recent research reports. Citigroup restated a "buy" rating and issued a $125.00 price target (up previously from $99.00) on shares of Pentair in a research report on Monday, July 14th. TD Cowen cut Pentair from a "buy" rating to a "hold" rating and dropped their price target for the company from $115.00 to $110.00 in a research report on Wednesday, July 23rd. Robert W. Baird boosted their price target on Pentair from $107.00 to $121.00 and gave the company an "outperform" rating in a research report on Wednesday, July 23rd. JPMorgan Chase & Co. boosted their price target on Pentair from $113.00 to $116.00 and gave the company an "overweight" rating in a research report on Wednesday, July 23rd. Finally, Oppenheimer boosted their target price on Pentair from $118.00 to $120.00 and gave the stock an "outperform" rating in a research report on Wednesday, July 23rd. Two research 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 company. According to MarketBeat.com, the company presently has an average rating of "Moderate Buy" and an average 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.