Pentair (NYSE:PNR) Cut to “Equal Weight” at Barclays

Barclays cut shares of Pentair (NYSE:PNR) from an overweight rating to an equal weight rating in a research report released on Thursday, Marketbeat Ratings reports. Barclays currently has $115.00 price objective on the industrial products company’s stock, down from their prior price objective of $127.00.

Several other equities analysts have also recently weighed in on PNR. Royal Bank Of Canada raised their price objective on Pentair from $121.00 to $124.00 and gave the company an “outperform” rating in a report on Wednesday, October 22nd. Robert W. Baird set a $130.00 price target on Pentair in a research report on Wednesday, October 22nd. UBS Group boosted their price target on Pentair from $120.00 to $124.00 and gave the stock a “buy” rating in a research report on Wednesday, October 22nd. Oppenheimer upped their price objective on Pentair from $124.00 to $128.00 and gave the stock an “outperform” rating in a research note on Thursday, November 20th. Finally, Weiss Ratings reissued a “buy (b-)” rating on shares of Pentair in a research note on Wednesday, October 8th. Two equities research analysts have rated the stock with a Strong Buy rating, nine have given a Buy rating, four have issued a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat, the company has an average rating of “Moderate Buy” and an average price target of $118.92.

Pentair Trading Down 0.6%

NYSE:PNR opened at $104.22 on Thursday. The company has a market cap of $17.05 billion, a P/E ratio of 26.45, a price-to-earnings-growth ratio of 1.94 and a beta of 1.21. Pentair has a twelve month low of $74.25 and a twelve month high of $113.95. The business has a 50 day moving average price of $107.61 and a two-hundred day moving average price of $105.47. The company has a quick ratio of 0.82, a current ratio of 1.46 and a debt-to-equity ratio of 0.42.

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

Pentair Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, November 7th. Shareholders of record on Friday, October 24th were issued a dividend of $0.25 per share. The ex-dividend date of this dividend was Friday, October 24th. This represents a $1.00 annualized dividend and a yield of 1.0%. Pentair’s dividend payout ratio (DPR) is currently 25.38%.

Insiders Place Their Bets

In other news, CFO Robert P. Fishman sold 7,786 shares of the firm’s stock in a transaction dated Friday, November 14th. The shares were sold at an average price of $105.42, for a total transaction of $820,800.12. Following the completion of the sale, the chief financial officer owned 63,164 shares in the company, valued at approximately $6,658,748.88. This trade represents a 10.97% decrease in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. Also, Director T Michael Glenn sold 6,558 shares of Pentair stock in a transaction dated Monday, December 1st. The stock was sold at an average price of $104.33, for a total transaction of $684,196.14. Following the sale, the director directly owned 31,192 shares of the company’s stock, valued at $3,254,261.36. The trade was a 17.37% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders own 1.10% of the company’s stock.

Institutional Investors Weigh In On Pentair

Hedge funds have recently bought and sold shares of the stock. Nordea Investment Management AB grew its position in Pentair by 173.6% during the third quarter. Nordea Investment Management AB now owns 2,837,753 shares of the industrial products company’s stock worth $311,046,000 after buying an additional 1,800,669 shares in the last quarter. Ameriprise Financial Inc. lifted its position in shares of Pentair by 106.7% during the 3rd quarter. Ameriprise Financial Inc. now owns 3,236,826 shares of the industrial products company’s stock valued at $358,521,000 after acquiring an additional 1,670,944 shares during the period. Valeo Financial Advisors LLC acquired a new stake in shares of Pentair during the 2nd quarter worth $102,945,000. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC grew its holdings in shares of 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 worth $361,275,000 after purchasing an additional 661,154 shares in the last quarter. Finally, Amundi increased its position in shares of Pentair by 13.6% in the first quarter. Amundi now owns 4,974,612 shares of the industrial products company’s stock worth $412,033,000 after purchasing an additional 594,989 shares during the period. 92.37% of the stock is currently owned by institutional investors and hedge funds.

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.