Teza Capital Management LLC Sells 85,551 Shares of Pentair plc $PNR

Key Points

• Teza Capital Management LLC drastically reduced its stake in Pentair plc by 91.9%, leaving it with only 7,547 shares valued at approximately $660,000.
• Multiple institutional investors have increased their holdings in Pentair, with Ameriprise Financial Inc. expanding its stake by 373.8% during the same period.
• Pentair's stock received various upgrades from analysts, with Oppenheimer and Robert W. Baird raising their price targets, indicating a strong market outlook for the company.

Teza Capital Management LLC decreased its holdings in Pentair plc (NYSE:PNR - Free Report) by 91.9% during the 1st quarter, according to the company in its most recent disclosure with the SEC. The fund owned 7,547 shares of the industrial products company's stock after selling 85,551 shares during the quarter. Teza Capital Management LLC's holdings in Pentair were worth $660,000 as of its most recent SEC filing.

Several other hedge funds have also recently added to or reduced their stakes in PNR. Asset Management One Co. Ltd. boosted its stake in Pentair by 4.8% in the 1st quarter. Asset Management One Co. Ltd. now owns 75,337 shares of the industrial products company's stock worth $6,590,000 after purchasing an additional 3,476 shares during the period. Sequoia Financial Advisors LLC grew its position in Pentair by 31.5% during the 1st quarter. Sequoia Financial Advisors LLC now owns 4,453 shares of the industrial products company's stock worth $390,000 after purchasing an additional 1,067 shares in the last quarter. Fifth Third Bancorp grew its position in Pentair by 6.6% during the 1st quarter. Fifth Third Bancorp now owns 4,075 shares of the industrial products company's stock worth $356,000 after purchasing an additional 253 shares in the last quarter. GAMMA Investing LLC grew its position in Pentair by 14.0% during the 1st quarter. GAMMA Investing LLC now owns 3,964 shares of the industrial products company's stock worth $347,000 after purchasing an additional 487 shares in the last quarter. Finally, Ritholtz Wealth Management grew its position in Pentair by 44.7% during the 1st quarter. Ritholtz Wealth Management now owns 3,031 shares of the industrial products company's stock worth $265,000 after purchasing an additional 937 shares in the last quarter. Institutional investors and hedge funds own 92.37% of the company's stock.

Pentair Stock Down 1.3%

Shares of PNR stock traded down $1.42 on Friday, hitting $111.17. The company's stock had a trading volume of 510,070 shares, compared to its average volume of 1,512,264. The company has a debt-to-equity ratio of 0.38, a current ratio of 1.45 and a quick ratio of 0.84. Pentair plc has a fifty-two week low of $74.25 and a fifty-two week high of $112.91. The firm's fifty day moving average price is $105.98 and its 200-day moving average price is $96.99. The stock has a market capitalization of $18.22 billion, a price-to-earnings ratio of 30.35, a P/E/G ratio of 2.09 and a beta of 1.08.

Pentair (NYSE:PNR - Get Free Report) last released its quarterly earnings data on Tuesday, July 22nd. The industrial products company reported $1.39 earnings per share (EPS) for the quarter, beating 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 analyst estimates of $1.12 billion. During the same quarter in the previous year, the business earned $1.22 EPS. Pentair's quarterly 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. Research analysts anticipate that Pentair plc will post 4.77 EPS for the current year.

Wall Street Analyst Weigh In

Several equities analysts have weighed in on PNR shares. JPMorgan Chase & Co. lifted their price objective on shares of Pentair from $113.00 to $116.00 and gave the stock an "overweight" rating in a research report on Wednesday, July 23rd. TD Cowen cut shares of Pentair from a "buy" rating to a "hold" rating and lowered their price objective for the stock from $115.00 to $110.00 in a research report on Wednesday, July 23rd. Citigroup reiterated a "buy" rating and set a $125.00 price objective (up from $99.00) on shares of Pentair in a research report on Monday, July 14th. Bank of America cut shares of Pentair from a "neutral" rating to an "underperform" rating and lowered their price objective for the stock from $106.00 to $100.00 in a research report on Tuesday, July 29th. 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 research analysts have rated the stock with a Strong Buy rating, ten have assigned a Buy rating, three have given a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat.com, Pentair currently has a consensus rating of "Moderate Buy" and a consensus price target of $114.36.

Pentair Company 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.