Weiss Ratings Reiterates Buy (B-) Rating for Pentair (NYSE:PNR)

Key Points

• Weiss Ratings has reiterated a "buy (B-)" rating for Pentair (NYSE:PNR), highlighting confidence in the company’s stock performance.
• Analysts have recently raised Pentair's target prices significantly, with estimates ranging from $110 to $125, indicating strong investor interest.
• Pentair reported Q2 earnings of $1.39 per share, exceeding analysts' expectations and showing a year-over-year revenue increase of 2.2% to $1.12 billion.

Pentair (NYSE:PNR - Get Free Report)'s stock had its "buy (b-)" rating reiterated by equities research analysts at Weiss Ratings in a research note issued on Wednesday,Weiss Ratings reports.

Other equities research analysts have also recently issued research reports about the stock. Robert W. Baird raised their target price on shares of Pentair from $107.00 to $121.00 and gave the stock an "outperform" rating in a research note on Wednesday, July 23rd. Barclays raised their target price on shares of Pentair from $117.00 to $125.00 and gave the stock an "overweight" rating in a research note on Wednesday, October 1st. Mizuho raised their target price on shares of Pentair from $118.00 to $122.00 and gave the stock an "outperform" rating in a research note on Wednesday, July 23rd. TD Cowen cut shares of 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 report on Wednesday, July 23rd. Finally, JPMorgan Chase & Co. lifted their price objective on shares of Pentair from $113.00 to $116.00 and gave the company an "overweight" rating in a research report on Wednesday, July 23rd. Two equities research analysts have rated the stock with a Strong Buy rating, eleven have assigned a Buy rating, three have issued a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat.com, the stock presently has a consensus rating of "Moderate Buy" and an average price target of $114.93.

Pentair Stock Performance

PNR opened at $111.90 on Wednesday. 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 company has a market cap of $18.34 billion, a price-to-earnings ratio of 30.57, a PEG ratio of 2.12 and a beta of 1.10. The company's 50 day moving average is $108.11 and its 200 day moving average is $99.83. Pentair has a 12-month low of $74.25 and a 12-month high of $113.95.

Pentair (NYSE:PNR - Get Free Report) last posted its quarterly earnings data on Tuesday, July 22nd. The industrial products company reported $1.39 earnings per share (EPS) for the quarter, topping 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 the consensus estimate of $1.12 billion. During the same quarter last year, the firm posted $1.22 earnings per share. The firm's 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. On average, equities research analysts predict that Pentair will post 4.77 EPS for the current year.

Institutional Investors Weigh In On Pentair

Several large investors have recently bought and sold shares of PNR. NBC Securities Inc. bought a new stake in Pentair in the first quarter worth $33,000. Wedmont Private Capital increased its position in Pentair by 5.9% in the first quarter. Wedmont Private Capital now owns 3,759 shares of the industrial products company's stock worth $309,000 after purchasing an additional 209 shares during the last quarter. GAMMA Investing LLC boosted its stake in Pentair by 14.0% during the first quarter. GAMMA Investing LLC now owns 3,964 shares of the industrial products company's stock worth $347,000 after buying an additional 487 shares during the period. Avanza Fonder AB purchased a new position in Pentair during the first quarter worth $1,494,000. Finally, Assenagon Asset Management S.A. boosted its stake in Pentair by 229.1% during the first quarter. Assenagon Asset Management S.A. now owns 786,362 shares of the industrial products company's stock worth $68,791,000 after buying an additional 547,419 shares during the period. Institutional investors own 92.37% of the company's stock.

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.

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