Thurston Springer Miller Herd & Titak Inc. Increases Stock Position in Pentair plc $PNR

Key Points

• Thurston Springer Miller Herd & Titak Inc. has increased its position in Pentair plc by 24.7%, holding 14,690 shares valued at approximately $1.51 million.
• Multiple analysts have raised their price targets for Pentair, with Mizuho setting a target of $122.00 and JP Morgan Chase increasing theirs to $116.00, indicating a generally positive outlook on the stock.
• Pentair reported an EPS of $1.39 for the last quarter, surpassing expectations and setting guidance for Q3 2025 at 1.160-1.20 EPS.

Thurston Springer Miller Herd & Titak Inc. lifted its stake in shares of Pentair plc (NYSE:PNR - Free Report) by 24.7% during the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 14,690 shares of the industrial products company's stock after acquiring an additional 2,913 shares during the period. Thurston Springer Miller Herd & Titak Inc.'s holdings in Pentair were worth $1,508,000 as of its most recent SEC filing.

Other hedge funds have also modified their holdings of the company. Opal Wealth Advisors LLC bought a new stake in shares of Pentair in the 1st quarter worth approximately $28,000. NBC Securities Inc. purchased a new position in shares of Pentair during the first quarter valued at $33,000. Horizon Financial Services LLC purchased a new position in shares of Pentair during the first quarter valued at $38,000. North Capital Inc. purchased a new position in Pentair in the first quarter valued at about $38,000. Finally, Garde Capital Inc. purchased a new position in Pentair in the second quarter valued at about $41,000. 92.37% of the stock is currently owned by hedge funds and other institutional investors.

Pentair Trading Down 0.9%

Shares of Pentair stock traded down $0.97 during trading on Friday, hitting $110.55. The stock had a trading volume of 274,120 shares, compared to its average volume of 1,500,790. Pentair plc has a 12 month low of $74.25 and a 12 month high of $112.91. The firm's fifty day simple moving average is $106.41 and its 200-day simple moving average is $97.60. The stock has a market cap of $18.12 billion, a PE ratio of 30.21, a PEG ratio of 2.10 and a beta of 1.08. 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 (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 (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 firm had revenue of $1.12 billion for the quarter, compared to the consensus estimate of $1.12 billion. During the same quarter in the previous year, the firm earned $1.22 EPS. The company'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. As a group, sell-side analysts expect that Pentair plc will post 4.77 EPS for the current fiscal year.

Analysts Set New Price Targets

Several research firms recently weighed in on PNR. JPMorgan Chase & Co. boosted their price objective on Pentair from $113.00 to $116.00 and gave the stock an "overweight" rating in a research report on Wednesday, July 23rd. Robert W. Baird lifted 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. Barclays raised their price objective on Pentair from $116.00 to $117.00 and gave the stock an "overweight" rating in a research note on Wednesday, July 23rd. Stifel Nicolaus increased their target price on Pentair from $104.00 to $124.00 and gave the stock a "buy" rating in a report on Monday, July 21st. Finally, Wall Street Zen raised Pentair from a "hold" rating to a "buy" rating in a research report on Saturday, July 26th. Two equities research analysts have rated the stock with a Strong Buy rating, ten have assigned a Buy rating, three have issued a Hold rating and one has issued a Sell rating to the company's stock. Based on data from MarketBeat, Pentair currently has an average rating of "Moderate Buy" and a consensus price target of $114.36.

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.