Pentair (NYSE:PNR) Reaches New 12-Month High - Here's Why

Key Points

• Pentair's shares have reached a new 52-week high of $112.54, with a recent trading price of $112.21 and a trading volume of 150,360 shares.
• Several analysts have upgraded their ratings for Pentair, with Citigroup raising its price target to $125.00 and Mizuho increasing it to $122.00, reflecting strong positive sentiment for the stock.
• Pentair's recent earnings report indicated a beating of consensus estimates with $1.39 earnings per share for the quarter, surpassing the expected $1.33.

Shares of Pentair plc (NYSE:PNR - Get Free Report) hit a new 52-week high during mid-day trading on Thursday . The company traded as high as $112.54 and last traded at $112.21, with a volume of 150360 shares changing hands. The stock had previously closed at $109.26.

Analyst Upgrades and Downgrades

A number of equities analysts have recently weighed in on the stock. Citigroup reissued a "buy" rating and set a $125.00 price target (up from $99.00) on shares of Pentair in a research report on Monday, July 14th. Mizuho lifted their target price on shares of Pentair from $118.00 to $122.00 and gave the stock an "outperform" rating in a report on Wednesday, July 23rd. Wall Street Zen raised shares of Pentair from a "hold" rating to a "buy" rating in a report on Saturday, July 26th. Barclays boosted their target price on shares of Pentair from $116.00 to $117.00 and gave the company an "overweight" rating in a research report on Wednesday, July 23rd. Finally, Stifel Nicolaus boosted their target price on shares of Pentair from $104.00 to $124.00 and gave the company a "buy" rating in a research report on Monday, July 21st. 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 given a Sell rating to the company's stock. According to data from MarketBeat, Pentair currently has a consensus rating of "Moderate Buy" and an average price target of $114.36.

Pentair Stock Performance

The firm has a market capitalization of $18.41 billion, a P/E ratio of 30.70, a price-to-earnings-growth ratio of 2.09 and a beta of 1.08. The company's 50 day moving average is $105.87 and its 200-day moving average is $96.85. The company has a quick ratio of 0.84, a current ratio of 1.45 and a debt-to-equity ratio of 0.38.

Pentair (NYSE:PNR - Get Free Report) last released its quarterly earnings data on Tuesday, July 22nd. The industrial products company reported $1.39 earnings per share 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 firm had revenue of $1.12 billion for the quarter, compared to analyst estimates of $1.12 billion. During the same period last year, the firm earned $1.22 earnings per share. The business'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, equities analysts anticipate that Pentair plc will post 4.77 EPS for the current year.

Hedge Funds Weigh In On Pentair

Institutional investors and hedge funds have recently added to or reduced their stakes in the business. Osaic Holdings Inc. boosted its position in shares of Pentair by 83.1% in the second quarter. Osaic Holdings Inc. now owns 71,273 shares of the industrial products company's stock valued at $6,980,000 after acquiring an additional 32,352 shares during the period. Orion Porfolio Solutions LLC boosted its position in shares of Pentair by 75.9% in the second quarter. Orion Porfolio Solutions LLC now owns 5,747 shares of the industrial products company's stock valued at $590,000 after acquiring an additional 2,480 shares during the period. Neuberger Berman Group LLC boosted its position in shares of Pentair by 40.0% in the second quarter. Neuberger Berman Group LLC now owns 52,886 shares of the industrial products company's stock valued at $5,429,000 after acquiring an additional 15,105 shares during the period. B. Riley Wealth Advisors Inc. bought a new stake in Pentair during the second quarter valued at approximately $276,000. Finally, Castleark Management LLC bought a new stake in Pentair during the second quarter valued at approximately $544,000. Institutional investors 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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