Park Avenue Securities LLC Sells 1,163 Shares of Pentair plc $PNR

Park Avenue Securities LLC lessened its holdings in shares of Pentair plc (NYSE:PNR) by 9.0% in the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 11,824 shares of the industrial products company’s stock after selling 1,163 shares during the quarter. Park Avenue Securities LLC’s holdings in Pentair were worth $1,214,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also bought and sold shares of PNR. Ameriprise Financial Inc. increased its stake in Pentair by 373.8% during the 1st quarter. Ameriprise Financial Inc. now owns 1,137,682 shares of the industrial products company’s stock valued at $99,523,000 after purchasing an additional 897,585 shares in the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC increased its stake in Pentair by 19.1% during the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 4,129,805 shares of the industrial products company’s stock valued at $361,275,000 after purchasing an additional 661,154 shares in the last quarter. Pacer Advisors Inc. boosted its holdings in Pentair by 4,231.6% during the 1st quarter. Pacer Advisors Inc. now owns 622,185 shares of the industrial products company’s stock worth $54,429,000 after acquiring an additional 607,821 shares during the last quarter. Amundi boosted its holdings in Pentair by 13.6% during the 1st quarter. Amundi now owns 4,974,612 shares of the industrial products company’s stock worth $412,033,000 after acquiring an additional 594,989 shares during the last quarter. Finally, Assenagon Asset Management S.A. boosted its holdings in Pentair by 229.1% during the 1st quarter. Assenagon Asset Management S.A. now owns 786,362 shares of the industrial products company’s stock worth $68,791,000 after acquiring an additional 547,419 shares during the last quarter. Institutional investors own 92.37% of the company’s stock.

Analyst Ratings Changes

A number of research firms have issued reports on PNR. Oppenheimer lifted their price objective on shares of Pentair from $118.00 to $120.00 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. Stifel Nicolaus lifted their price objective on shares of Pentair from $104.00 to $124.00 and gave the stock a “buy” rating in a report on Monday, July 21st. Mizuho boosted their price target on shares of Pentair from $118.00 to $122.00 and gave the stock an “outperform” rating in a report on Wednesday, July 23rd. Finally, JPMorgan Chase & Co. boosted their price target on shares of Pentair from $113.00 to $116.00 and gave the stock an “overweight” rating in a report on Wednesday, July 23rd. Two analysts have rated the stock with a Strong Buy rating, ten have issued a Buy rating, three have given a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average target price of $114.36.

Pentair Trading Up 1.4%

Shares of Pentair stock opened at $109.87 on Friday. Pentair plc has a 52-week low of $74.25 and a 52-week high of $112.91. The stock’s 50-day simple moving average is $106.85 and its 200 day simple moving average is $98.49. The stock has a market capitalization of $18.01 billion, a P/E ratio of 30.02, a P/E/G ratio of 2.08 and a beta of 1.08. The company has a debt-to-equity ratio of 0.38, a quick ratio of 0.84 and a current ratio of 1.45.

Pentair (NYSE:PNR) last announced its quarterly earnings data on Tuesday, July 22nd. The industrial products company reported $1.39 earnings per share (EPS) for the quarter, beating 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 business had revenue of $1.12 billion for the quarter, compared to analysts’ expectations of $1.12 billion. During the same period in the previous year, the business posted $1.22 EPS. The firm’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, research analysts anticipate that Pentair plc will post 4.77 EPS for the current year.

Pentair Dividend Announcement

The business also recently declared 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 is Friday, October 24th. This represents a $1.00 annualized dividend and a dividend yield of 0.9%. Pentair’s dividend payout ratio is currently 27.32%.

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.