Pentair (NYSE:PNR) Hits New 52-Week High - Time to Buy?

Key Points

• Pentair's stock achieved a new 52-week high at $113.75, with an average target price set at $114.93 by analysts, indicating a generally positive outlook.
• The company reported a strong quarterly earnings result with $1.39 EPS, surpassing expectations, and also disclosed a quarterly dividend of $0.25 per share to be paid on November 7th.
• Analysts' ratings for Pentair include two strong buys, eleven buys, three holds, and one sell, reflecting a consensus rating of Moderate Buy.

Pentair plc (NYSE:PNR - Get Free Report)'s stock price hit a new 52-week high during mid-day trading on Friday . The company traded as high as $113.63 and last traded at $113.75, with a volume of 88574 shares changing hands. The stock had previously closed at $112.36.

Analyst Upgrades and Downgrades

A number of research firms recently issued reports on PNR. Mizuho lifted their price objective on Pentair from $118.00 to $122.00 and gave the company an "outperform" rating in a research report on Wednesday, July 23rd. TD Cowen lowered Pentair from a "buy" rating to a "hold" rating and reduced their price target for the company from $115.00 to $110.00 in a report on Wednesday, July 23rd. Stifel Nicolaus lifted their target price on shares of Pentair from $104.00 to $124.00 and gave the company a "buy" rating in a research note on Monday, July 21st. Weiss Ratings reiterated a "buy (b-)" rating on shares of Pentair in a research note on Saturday, September 27th. Finally, Citigroup reaffirmed a "buy" rating and issued a $125.00 price objective (up previously from $99.00) on shares of Pentair in a research note on Monday, July 14th. Two analysts have rated the stock with a Strong Buy rating, eleven have assigned a Buy rating, three have given a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat.com, Pentair currently has an average rating of "Moderate Buy" and a consensus target price of $114.93.

Pentair Stock Down 0.1%

The company has a current ratio of 1.45, a quick ratio of 0.84 and a debt-to-equity ratio of 0.38. The firm has a market cap of $18.41 billion, a price-to-earnings ratio of 30.68, a PEG ratio of 2.12 and a beta of 1.10. The firm has a 50-day moving average of $107.38 and a two-hundred day moving average of $99.18.

Pentair (NYSE:PNR - Get Free Report) last issued its quarterly earnings results on Tuesday, July 22nd. The industrial products company reported $1.39 EPS for the quarter, topping 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 during the quarter, compared to analyst estimates of $1.12 billion. During the same period in the previous year, the company earned $1.22 earnings per share. 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 predict that Pentair plc will post 4.77 earnings per share for the current fiscal year.

Pentair Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Friday, November 7th. Stockholders of record on Friday, October 24th will be given a dividend of $0.25 per share. The ex-dividend date of this dividend is Friday, October 24th. This represents a $1.00 dividend on an annualized basis and a dividend yield of 0.9%. Pentair's dividend payout ratio is currently 27.32%.

Hedge Funds Weigh In On Pentair

Several large investors have recently added to or reduced their stakes in the company. Opal Wealth Advisors LLC acquired a new position in shares of Pentair in the first quarter valued at $28,000. NBC Securities Inc. acquired a new position in shares of Pentair in the 1st quarter valued at $33,000. First Horizon Advisors Inc. raised its stake in shares of Pentair by 105.4% in the 2nd quarter. First Horizon Advisors Inc. now owns 345 shares of the industrial products company's stock valued at $35,000 after buying an additional 177 shares in the last quarter. Horizon Financial Services LLC acquired a new position in shares of Pentair in the 1st quarter valued at $38,000. Finally, North Capital Inc. acquired a new position in shares of Pentair in the 1st quarter valued at $38,000. Institutional investors and hedge funds own 92.37% of the company's stock.

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.

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