Pentair (NYSE:PNR – Get Free Report)‘s stock had its “sell” rating reiterated by stock analysts at TD Cowen in a note issued to investors on Monday,Benzinga reports. They currently have a $90.00 price objective on the industrial products company’s stock, down from their previous price objective of $110.00. TD Cowen’s price objective suggests a potential downside of 14.70% from the stock’s current price.
Other analysts have also issued reports about the company. Royal Bank Of Canada raised their target price on Pentair from $121.00 to $124.00 and gave the stock an “outperform” rating in a report on Wednesday, October 22nd. Wolfe Research restated an “outperform” rating and issued a $135.00 price objective on shares of Pentair in a research report on Tuesday, December 9th. Jefferies Financial Group raised shares of Pentair from a “hold” rating to a “buy” rating and lifted their target price for the company from $120.00 to $135.00 in a report on Wednesday, December 10th. Robert W. Baird set a $130.00 price target on shares of Pentair in a report on Wednesday, October 22nd. Finally, Cowen lowered shares of Pentair from a “buy” rating to a “market perform” rating in a research report on Monday. Two analysts have rated the stock with a Strong Buy rating, eleven have assigned a Buy rating, four have assigned a Hold rating and two have issued a Sell rating to the stock. Based on data from MarketBeat, Pentair has a consensus rating of “Moderate Buy” and a consensus price target of $119.73.
Get Our Latest Stock Analysis on PNR
Pentair Stock Up 1.3%
Pentair (NYSE:PNR – Get Free Report) last posted its earnings results 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 during 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 quarterly revenue was up 2.9% on a year-over-year basis. During the same period in the previous year, the firm posted $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, equities research analysts anticipate that Pentair will post 4.77 EPS for the current year.
Insider Activity at Pentair
In related news, CFO Robert P. Fishman sold 7,786 shares of the business’s stock in a transaction that occurred on Friday, November 14th. The stock was 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 directly owned 63,164 shares in the company, valued at approximately $6,658,748.88. The trade was a 10.97% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director T Michael Glenn sold 6,558 shares of the firm’s stock in a transaction on Monday, December 1st. The shares were sold at an average price of $104.33, for a total value of $684,196.14. Following the completion of the transaction, the director owned 31,192 shares in the company, valued at $3,254,261.36. The trade was a 17.37% decrease in their position. The disclosure for this sale is available in the SEC filing. 1.45% of the stock is currently owned by insiders.
Institutional Investors Weigh In On Pentair
A number of hedge funds have recently modified their holdings of the business. GAMMA Investing LLC lifted its stake in Pentair by 49.7% during the fourth quarter. GAMMA Investing LLC now owns 7,318 shares of the industrial products company’s stock worth $762,000 after purchasing an additional 2,430 shares in the last quarter. Hudson Bay Capital Management LP boosted its stake in shares of Pentair by 38.2% in the third quarter. Hudson Bay Capital Management LP now owns 132,134 shares of the industrial products company’s stock valued at $14,635,000 after purchasing an additional 36,498 shares during the period. Allworth Financial LP grew its holdings in shares of Pentair by 138.4% in the third quarter. Allworth Financial LP now owns 1,764 shares of the industrial products company’s stock valued at $195,000 after purchasing an additional 1,024 shares in the last quarter. Investment Research Partners LLC acquired a new position in shares of Pentair in the third quarter valued at approximately $301,000. Finally, CIBC Bancorp USA Inc. purchased a new stake in Pentair during the 3rd quarter worth approximately $2,507,000. 92.37% of the stock is currently owned by institutional investors and hedge funds.
Pentair Company Profile
Pentair plc (NYSE: PNR) is a global provider of water treatment and fluid management solutions. The company designs, manufactures and sells a broad range of products that move, treat, monitor and control the flow of water and other fluids across residential, commercial, industrial and municipal markets. Pentair’s offerings are focused on improving water quality, conserving resources and enabling efficient fluid handling in applications from household water systems and pools to large-scale industrial and municipal installations.
Product lines include pumps and pumping systems, water filtration and purification equipment, valves and controls, heat exchangers, pool and spa systems, and a range of aftermarket parts and services.
Recommended Stories
- Five stocks we like better than Pentair
- Elon Taking SpaceX Public! $100 Pre-IPO Opportunity!
- Do not delete, read immediately
- The $100 Trillion AI Story No One Is Telling You
- 3 Overlooked Deductions to Help Potentially Minimize Capital Gains Tax
- First Time Since 2007: All Warnings Active
Receive News & Ratings for Pentair Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Pentair and related companies with MarketBeat.com's FREE daily email newsletter.
