BNP Paribas Exane Reaffirms “Underperform” Rating for Pentair (NYSE:PNR)

Pentair (NYSE:PNR)‘s stock had its “underperform” rating reaffirmed by research analysts at BNP Paribas Exane in a research report issued to clients and investors on Wednesday, MarketBeat reports. They currently have a $90.00 price target on the industrial products company’s stock. BNP Paribas Exane’s price target would indicate a potential downside of 12.77% from the company’s previous close.

PNR has been the topic of several other research reports. UBS Group upped their price objective on Pentair from $120.00 to $124.00 and gave the company a “buy” rating in a research report on Wednesday, October 22nd. Cowen cut shares of Pentair from a “buy” rating to a “market perform” rating in a report on Monday. Royal Bank Of Canada lifted their price objective on shares of Pentair from $121.00 to $124.00 and gave the company an “outperform” rating in a report on Wednesday, October 22nd. JPMorgan Chase & Co. boosted their price objective on shares of Pentair from $116.00 to $126.00 and gave the company an “overweight” rating in a research report on Wednesday, October 15th. Finally, Jefferies Financial Group raised shares of Pentair from a “hold” rating to a “buy” rating and raised their target price for the stock from $120.00 to $135.00 in a research report on Wednesday, December 10th. Two analysts have rated the stock with a Strong Buy rating, eleven have issued a Buy rating, three have given a Hold rating and four have issued a Sell rating to the company’s stock. According to data from MarketBeat, Pentair currently has a consensus rating of “Moderate Buy” and an average price target of $116.31.

Pentair Stock Performance

Shares of NYSE:PNR opened at $103.17 on Wednesday. The company has a current ratio of 1.46, a quick ratio of 0.82 and a debt-to-equity ratio of 0.42. Pentair has a 12 month low of $74.25 and a 12 month high of $113.95. The company has a market capitalization of $16.88 billion, a price-to-earnings ratio of 26.19, a PEG ratio of 1.76 and a beta of 1.22. The firm’s 50-day moving average is $105.03 and its 200 day moving average is $106.43.

Pentair (NYSE:PNR) last announced its earnings results on Tuesday, October 21st. The industrial products company reported $1.24 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.18 by $0.06. The business had revenue of $1.02 billion during the quarter, compared to analyst estimates of $1 billion. Pentair had a return on equity of 21.83% and a net margin of 15.84%.The company’s revenue for the quarter was up 2.9% compared to the same quarter last year. During the same quarter in the previous year, the business 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. Research analysts predict that Pentair will post 4.77 EPS for the current year.

Insider Buying and Selling

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

Hedge Funds Weigh In On Pentair

Institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Wexford Capital LP purchased a new stake in shares of Pentair during the third quarter valued at about $26,000. Richardson Financial Services Inc. lifted its position in Pentair by 64.9% during the third quarter. Richardson Financial Services Inc. now owns 249 shares of the industrial products company’s stock valued at $28,000 after acquiring an additional 98 shares during the last quarter. First Horizon Advisors Inc. lifted its position in Pentair by 105.4% during the second 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 last quarter. Root Financial Partners LLC purchased a new position in Pentair in the third quarter worth $41,000. Finally, Garde Capital Inc. acquired a new position in shares of Pentair during the second quarter worth $41,000. Hedge funds and other institutional investors own 92.37% of the company’s stock.

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.