Pentair (NYSE:PNR) Given New $112.00 Price Target at Citigroup

Key Points

• Citigroup cut its price target on Pentair from $120 to $112 but kept a "buy" rating, implying roughly a 24% upside from the stock's recent price.
• Analyst coverage is mixed—10 Buys, 3 Holds and 3 Sells—resulting in a MarketBeat consensus rating of "Hold" and an average target of $112.80.
• Pentair slightly beat quarterly EPS and revenue and issued FY2026 guidance of $5.25–$5.40 EPS; the stock trades near $90 with a market cap of about $14.6 billion.

Pentair (NYSE:PNR - Get Free Report) had its price objective reduced by investment analysts at Citigroup from $120.00 to $112.00 in a research report issued to clients and investors on Monday,Benzinga reports. The brokerage presently has a "buy" rating on the industrial products company's stock. Citigroup's target price would suggest a potential upside of 24.29% from the stock's previous close.

Several other equities analysts also recently issued reports on PNR. Oppenheimer reaffirmed an "outperform" rating and set a $122.00 price objective (down from $128.00) on shares of Pentair in a report on Wednesday, February 4th. JPMorgan Chase & Co. reduced their target price on Pentair from $132.00 to $124.00 and set an "overweight" rating on the stock in a research report on Friday, January 16th. TD Cowen cut shares of Pentair from a "buy" rating to a "market perform" rating in a research report on Monday, January 5th. Jefferies Financial Group reaffirmed a "buy" rating and set a $125.00 price objective (down from $135.00) on shares of Pentair in a research report on Tuesday, March 31st. Finally, Royal Bank Of Canada set a $117.00 price objective on shares of Pentair in a research report on Wednesday, February 4th. Ten equities research analysts have rated the stock with a Buy rating, three have assigned a Hold rating and three have issued a Sell rating to the stock. According to data from MarketBeat, the stock has a consensus rating of "Hold" and an average target price of $112.80.

Pentair Stock Performance

Shares of NYSE:PNR traded down $0.10 during midday trading on Monday, reaching $90.11. The company's stock had a trading volume of 268,114 shares, compared to its average volume of 1,746,294. The firm has a market capitalization of $14.56 billion, a PE ratio of 22.76, a P/E/G ratio of 1.60 and a beta of 1.25. The stock has a fifty day moving average of $93.59 and a 200 day moving average of $101.96. Pentair has a twelve month low of $77.71 and a twelve month high of $113.95. The company has a quick ratio of 0.95, a current ratio of 1.61 and a debt-to-equity ratio of 0.42.

Pentair (NYSE:PNR - Get Free Report) last posted its earnings results on Tuesday, February 3rd. The industrial products company reported $1.18 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $1.17 by $0.01. The company had revenue of $1.02 billion during the quarter, compared to the consensus estimate of $1.01 billion. Pentair had a net margin of 15.66% and a return on equity of 21.79%. The firm's quarterly revenue was up 4.9% on a year-over-year basis. During the same period in the previous year, the firm posted $1.08 earnings per share. Pentair has set its FY 2026 guidance at 5.250-5.400 EPS and its Q1 2026 guidance at 1.150-1.180 EPS. On average, equities analysts expect that Pentair will post 4.77 EPS for the current fiscal year.

Insiders Place Their Bets

In related news, EVP Philip M. Rolchigo sold 6,493 shares of the business's stock in a transaction on Wednesday, February 25th. The shares were sold at an average price of $103.22, for a total transaction of $670,207.46. Following the completion of the transaction, the executive vice president owned 29,096 shares in the company, valued at approximately $3,003,289.12. The trade was a 18.24% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, Director Michael T. Speetzen sold 7,000 shares of the business's stock in a transaction on Wednesday, February 11th. The stock was sold at an average price of $99.99, for a total transaction of $699,930.00. Following the transaction, the director owned 8,290 shares of the company's stock, valued at approximately $828,917.10. The trade was a 45.78% decrease in their position. The disclosure for this sale is available in the SEC filing. 1.26% of the stock is currently owned by company insiders.

Institutional Trading of Pentair

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Rockefeller Capital Management L.P. raised its holdings in Pentair by 8.7% during the fourth quarter. Rockefeller Capital Management L.P. now owns 8,240 shares of the industrial products company's stock worth $858,000 after purchasing an additional 661 shares in the last quarter. World Investment Advisors boosted its position in shares of Pentair by 26.6% in the 4th quarter. World Investment Advisors now owns 2,890 shares of the industrial products company's stock valued at $301,000 after purchasing an additional 608 shares during the period. Compound Planning Inc. boosted its position in shares of Pentair by 7.2% in the 4th quarter. Compound Planning Inc. now owns 6,378 shares of the industrial products company's stock valued at $664,000 after purchasing an additional 427 shares during the period. Invesco Ltd. boosted its position in shares of Pentair by 3.1% in the 4th quarter. Invesco Ltd. now owns 3,414,386 shares of the industrial products company's stock valued at $355,574,000 after purchasing an additional 101,650 shares during the period. Finally, Corient Private Wealth LLC increased its stake in Pentair by 383.1% in the fourth quarter. Corient Private Wealth LLC now owns 116,056 shares of the industrial products company's stock valued at $12,086,000 after purchasing an additional 92,031 shares during the period. Institutional investors and hedge funds own 92.37% of the company's stock.

About Pentair

Pentair plc NYSE: PNR is a global provider of water treatment and fluid management solutions. The company designs, manufactures and sells a broad range of products that move, treat, monitor and control the flow of water and other fluids across residential, commercial, industrial and municipal markets. Pentair's offerings are focused on improving water quality, conserving resources and enabling efficient fluid handling in applications from household water systems and pools to large-scale industrial and municipal installations.

Product lines include pumps and pumping systems, water filtration and purification equipment, valves and controls, heat exchangers, pool and spa systems, and a range of aftermarket parts and services.

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