Geode Capital Management LLC Has $435.47 Million Position in Pentair plc $PNR

Geode Capital Management LLC increased its position in Pentair plc (NYSE:PNR) by 0.0% in the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 4,259,550 shares of the industrial products company’s stock after buying an additional 2,081 shares during the quarter. Geode Capital Management LLC owned 2.60% of Pentair worth $435,469,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds have also added to or reduced their stakes in PNR. First Horizon Advisors Inc. increased its position in 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 acquiring an additional 177 shares during the period. Garde Capital Inc. bought a new stake in shares of Pentair in the second quarter worth $41,000. North Star Investment Management Corp. increased its holdings in Pentair by 91.5% in the second quarter. North Star Investment Management Corp. now owns 404 shares of the industrial products company’s stock valued at $41,000 after purchasing an additional 193 shares during the period. Brooklyn Investment Group raised its position in Pentair by 14.8% during the 1st quarter. Brooklyn Investment Group now owns 847 shares of the industrial products company’s stock worth $74,000 after purchasing an additional 109 shares during the last quarter. Finally, Allworth Financial LP lifted its holdings in Pentair by 101.6% during the 2nd quarter. Allworth Financial LP now owns 740 shares of the industrial products company’s stock worth $76,000 after buying an additional 373 shares during the period. 92.37% of the stock is currently owned by institutional investors and hedge funds.

Pentair Stock Down 2.5%

PNR stock opened at $104.12 on Friday. The company has a debt-to-equity ratio of 0.42, a quick ratio of 0.82 and a current ratio of 1.46. Pentair plc has a fifty-two week low of $74.25 and a fifty-two week high of $113.95. The stock’s 50 day simple moving average is $109.35 and its 200 day simple moving average is $104.53. The company has a market cap of $17.04 billion, a P/E ratio of 26.43, a price-to-earnings-growth ratio of 2.00 and a beta of 1.14.

Pentair (NYSE:PNR) last released its quarterly earnings data on Tuesday, October 21st. The industrial products company reported $1.24 earnings per share for the quarter, beating analysts’ consensus estimates of $1.18 by $0.06. The firm had revenue of $1.02 billion for the quarter, compared to analyst estimates of $1 billion. Pentair had a net margin of 15.84% and a return on equity of 21.83%. The business’s quarterly revenue was up 2.9% compared to the same quarter last year. During the same period last year, the firm earned $1.09 earnings per share. Pentair has set its Q4 2025 guidance at 1.110-1.160 EPS. FY 2025 guidance at 4.850-4.900 EPS. On average, research analysts expect that Pentair plc will post 4.77 earnings per share for the current fiscal year.

Pentair Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, November 7th. Investors of record on Friday, October 24th were given a $0.25 dividend. This represents a $1.00 dividend on an annualized basis and a yield of 1.0%. The ex-dividend date of this dividend was Friday, October 24th. Pentair’s dividend payout ratio is presently 25.38%.

Wall Street Analyst Weigh In

A number of equities analysts have recently issued reports on PNR shares. Weiss Ratings restated a “buy (b-)” rating on shares of Pentair in a research report on Wednesday, October 8th. Oppenheimer raised their price target on shares of Pentair from $120.00 to $124.00 and gave the stock an “outperform” rating in a report on Monday, October 20th. Bank of America lowered shares of Pentair from a “neutral” rating to an “underperform” rating and reduced their price objective for the company from $106.00 to $100.00 in a research note on Tuesday, July 29th. UBS Group boosted their target price on shares of Pentair from $120.00 to $124.00 and gave the company a “buy” rating in a report on Wednesday, October 22nd. Finally, Barclays increased their price target on Pentair from $125.00 to $127.00 and gave the stock an “overweight” rating in a report on Wednesday, October 22nd. Two research analysts have rated the stock with a Strong Buy rating, eleven have given a Buy rating, three have assigned a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat, Pentair currently has a consensus rating of “Moderate Buy” and a consensus target price of $119.93.

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.