Pentair (PNR) News Today

Pentair plc (NYSE:PNR - Get Free Report) saw a large drop in short interest in July. As of July 15th, there was short interest totalling 3,130,000 shares, a drop of 39.3% from the June 30th total of 5,160,000 shares. Currently, 1.9% of the shares of the stock are short sold. Based on an average daily volume of 1,670,000 shares, the short-interest ratio is presently 1.9 days.

Pentair plc (NYSE:PNR - Free Report) - Seaport Res Ptn boosted their Q3 2024 earnings per share (EPS) estimates for Pentair in a report issued on Tuesday, July 23rd. Seaport Res Ptn analyst S. Graham now expects that the industrial products company will post earnings per share of $1.08 for the qu

Bessemer Group Inc. lifted its holdings in shares of Pentair plc (NYSE:PNR - Free Report) by 2,646.2% in the 1st quarter, according to its most recent Form 13F filing with the SEC. The firm owned 29,961 shares of the industrial products company's stock after buying an additional 28,870 shares durin

Pentair (NYSE:PNR) Sees Large Volume Increase on Analyst Upgrade

Pentair plc (NYSE:PNR - Free Report) - Investment analysts at Seaport Res Ptn reduced their Q4 2024 earnings per share (EPS) estimates for shares of Pentair in a report released on Tuesday, July 23rd. Seaport Res Ptn analyst S. Graham now forecasts that the industrial products company will post e

Royal Bank of Canada raised their target price on Pentair from $99.00 to $101.00 and gave the stock an "outperform" rating in a research note on Wednesday.

Mitsubishi UFJ Trust & Banking Corp lowered its stake in Pentair plc (NYSE:PNR - Free Report) by 7.4% in the 1st quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 81,423 shares of the industrial products company's stock

Pentair (NYSE:PNR) Hits New 12-Month High on Strong Earnings

Pentair (NYSE:PNR) updated its third quarter 2024 earnings guidance. The company provided EPS guidance of 1.060-1.080 for the period, compared to the consensus estimate of 1.070. The company also issued revenue guidance of $978.5 millionillion-$988.6 millionillion, compared to the consensus estimate of $1.1 billionillion.

Pentair (NYSE:PNR - Get Free Report) issued its quarterly earnings data on Tuesday. The industrial products company reported $1.22 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $1.14 by $0.08. The business had revenue of $1.10 billion during the quarter, compared to analyst estimates of $1.09 billion. Pentair had a net margin of 15.30% and a return on equity of 20.16%. The firm's quarterly revenue was up 1.6% on a year-over-year basis. During the same quarter last year, the business earned $1.03 EPS.

Vanguard Group Inc. boosted its holdings in Pentair plc (NYSE:PNR - Free Report) by 0.2% during the 1st quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 19,952,378 shares of the industrial products company's stock after bu

Intech Investment Management LLC increased its holdings in shares of Pentair plc (NYSE:PNR - Free Report) by 63.5% during the first quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 18,427 shares of the industrial products company's stoc

Mizuho Markets Americas LLC boosted its position in shares of Pentair plc (NYSE:PNR - Free Report) by 91.4% during the 1st quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 145,540 shares of the industrial products company's stock after p

State Board of Administration of Florida Retirement System lifted its holdings in Pentair plc (NYSE:PNR - Free Report) by 5.1% in the 1st quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 185,155 shares of the industrial pr

Northcoast Research downgraded Pentair from a "buy" rating to a "neutral" rating in a research report on Friday.

Stifel Nicolaus raised their target price on Pentair from $94.00 to $100.00 and gave the stock a "buy" rating in a report on Thursday.

Pentair plc (NYSE:PNR - Free Report) - Equities research analysts at Zacks Research lowered their Q3 2024 EPS estimates for Pentair in a report issued on Tuesday, July 16th. Zacks Research analyst M. Das now forecasts that the industrial products company will post earnings of $1.05 per share for

US Bancorp DE lessened its position in Pentair plc (NYSE:PNR - Free Report) by 21.2% during the first quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 150,272 shares of the industrial products company's stock after selling 40,426 shares during the per

Oppenheimer lifted their price target on shares of Pentair from $90.00 to $92.00 and gave the stock an "outperform" rating in a research note on Tuesday.

Pentair (NYSE:PNR) Sees Strong Trading Volume