Vident Advisory LLC Takes Position in Pentair plc $PNR

Key Points

• Vident Advisory LLC purchased a new stake in Pentair plc, acquiring 4,654 shares valued at approximately $407,000 in the first quarter.
• Institutional investors hold 92.37% of Pentair's stock, with notable increases in positions by firms like Ameriprise Financial and Pacer Advisors.
• Wall Street analysts have mixed ratings on Pentair, with a consensus price target of $114.36, reflecting expectations for continued growth.

Vident Advisory LLC bought a new position in shares of Pentair plc (NYSE:PNR - Free Report) during the 1st quarter, according to its most recent 13F filing with the SEC. The fund bought 4,654 shares of the industrial products company's stock, valued at approximately $407,000.

Several other institutional investors also recently made changes to their positions in the stock. Magnetar Financial LLC purchased a new stake in shares of Pentair during the 1st quarter worth $5,964,000. State of Wyoming boosted its position in shares of Pentair by 22.8% during the 1st quarter. State of Wyoming now owns 5,927 shares of the industrial products company's stock worth $518,000 after purchasing an additional 1,102 shares in the last quarter. BNP Paribas Financial Markets boosted its position in shares of Pentair by 29.4% during the 1st quarter. BNP Paribas Financial Markets now owns 497,769 shares of the industrial products company's stock worth $43,545,000 after purchasing an additional 113,118 shares in the last quarter. Eisler Capital Management Ltd. boosted its position in shares of Pentair by 155.8% during the 1st quarter. Eisler Capital Management Ltd. now owns 286,893 shares of the industrial products company's stock worth $25,092,000 after purchasing an additional 174,752 shares in the last quarter. Finally, Caisse DE Depot ET Placement DU Quebec boosted its position in shares of Pentair by 32.6% during the 1st quarter. Caisse DE Depot ET Placement DU Quebec now owns 170,973 shares of the industrial products company's stock worth $14,957,000 after purchasing an additional 42,050 shares in the last quarter. 92.37% of the stock is currently owned by hedge funds and other institutional investors.

Pentair Trading Down 0.8%

NYSE:PNR traded down $0.91 on Friday, reaching $111.68. The stock had a trading volume of 186,481 shares, compared to its average volume of 1,510,448. The company has a market cap of $18.31 billion, a price-to-earnings ratio of 30.50, a P/E/G ratio of 2.09 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. The firm's fifty day moving average is $105.98 and its two-hundred day moving average is $96.99. Pentair plc has a 12-month low of $74.25 and a 12-month high of $112.91.

Pentair (NYSE:PNR - Get Free Report) last released 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 net margin of 14.86% and a return on equity of 21.62%. The company had revenue of $1.12 billion for the quarter, compared to analyst estimates of $1.12 billion. During the same period in the prior year, the firm earned $1.22 EPS. The firm's quarterly 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 expect that Pentair plc will post 4.77 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

PNR has been the topic of several recent research reports. Citigroup reiterated a "buy" rating and issued a $125.00 price objective (up from $99.00) on shares of Pentair in a research report on Monday, July 14th. TD Cowen lowered shares of Pentair from a "buy" rating to a "hold" rating and decreased their price objective for the stock from $115.00 to $110.00 in a research report on Wednesday, July 23rd. JPMorgan Chase & Co. boosted 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. Robert W. Baird boosted 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. Finally, Oppenheimer boosted their price objective on shares of Pentair from $118.00 to $120.00 and gave the stock 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 given a Sell rating to the company's stock. Based on data from MarketBeat, the company presently has an average rating of "Moderate Buy" and an average target price 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.