Pentair plc $PNR Shares Sold by Zuckerman Investment Group LLC

Key Points

• Zuckerman Investment Group LLC has reduced its stake in Pentair plc by 22.1%, selling 68,068 shares in the 1st quarter, bringing its total holdings to 239,910 shares.
• Analysts have raised their price targets for Pentair, with estimates now varying from $121.00 to $125.00, indicating strong positive sentiment towards the stock.
• Pentair reported earnings of $1.39 per share for the last quarter, exceeding analysts' expectations and reflecting a 2.2% year-over-year revenue growth.

Zuckerman Investment Group LLC lessened its stake in shares of Pentair plc (NYSE:PNR - Free Report) by 22.1% in the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 239,910 shares of the industrial products company's stock after selling 68,068 shares during the quarter. Pentair makes up approximately 2.3% of Zuckerman Investment Group LLC's holdings, making the stock its 18th largest holding. Zuckerman Investment Group LLC owned 0.15% of Pentair worth $20,987,000 at the end of the most recent reporting period.

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

Wall Street Analyst Weigh In

PNR has been the topic of several research analyst reports. Robert W. Baird lifted their price objective on Pentair from $107.00 to $121.00 and gave the company an "outperform" rating in a research note on Wednesday, July 23rd. Citigroup reaffirmed a "buy" rating and issued a $125.00 price objective (up from $99.00) on shares of Pentair in a research note on Monday, July 14th. TD Cowen lowered Pentair from a "buy" rating to a "hold" rating and reduced their price objective for the company from $115.00 to $110.00 in a research note on Wednesday, July 23rd. JPMorgan Chase & Co. boosted their price target on Pentair from $113.00 to $116.00 and gave the stock an "overweight" rating in a research report on Wednesday, July 23rd. Finally, Oppenheimer boosted their price target on Pentair from $118.00 to $120.00 and gave the stock an "outperform" rating in a research report on Wednesday, July 23rd. Two equities research analysts have rated the stock with a Strong Buy rating, ten have issued a Buy rating, three have assigned a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat, the company currently has an average rating of "Moderate Buy" and an average target price of $114.36.

Pentair Stock Down 1.5%

Pentair stock traded down $1.68 during midday trading on Friday, hitting $107.50. 1,048,959 shares of the company were exchanged, compared to its average volume of 1,330,926. The company's fifty day moving average price is $104.90 and its 200-day moving average price is $96.14. The company has a market cap of $17.62 billion, a PE ratio of 29.37, a price-to-earnings-growth ratio of 2.06 and a beta of 1.07. 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 $110.71.

Pentair (NYSE:PNR - Get Free Report) last announced 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 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 company posted $1.22 EPS. Pentair'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. On average, research analysts predict that Pentair plc will post 4.77 EPS for the current fiscal year.

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.