Oppenheimer Cuts Pentair (NYSE:PNR) Price Target to $94.00

Pentair (NYSE:PNR) had its price objective cut by Oppenheimer from $115.00 to $94.00 in a research note issued to investors on Thursday, Marketbeat reports. They currently have an outperform rating on the industrial products company’s stock.

Several other analysts have also commented on the company. Citigroup decreased their price objective on Pentair from $112.00 to $106.00 and set a “buy” rating for the company in a report on Wednesday, April 29th. Barclays dropped their target price on Pentair from $95.00 to $92.00 and set an “equal weight” rating on the stock in a research note on Wednesday, April 29th. Weiss Ratings cut Pentair from a “hold (c+)” rating to a “hold (c)” rating in a research note on Monday, May 11th. Seaport Research Partners downgraded Pentair from a “buy” rating to a “neutral” rating in a report on Wednesday. Finally, Wolfe Research lowered Pentair from an “outperform” rating to a “peer perform” rating in a research note on Thursday, July 9th. Seven investment analysts have rated the stock with a Buy rating, six have given a Hold rating and three have given a Sell rating to the company. According to data from MarketBeat.com, Pentair currently has a consensus rating of “Hold” and an average target price of $93.87.

Pentair Stock Down 4.9%

Shares of Pentair stock opened at $62.48 on Thursday. The firm’s 50 day moving average price is $73.57 and its 200-day moving average price is $87.70. The company has a quick ratio of 1.19, a current ratio of 1.88 and a debt-to-equity ratio of 0.51. Pentair has a 52-week low of $57.60 and a 52-week high of $113.95. The company has a market cap of $10.10 billion, a P/E ratio of 15.31, a PEG ratio of 1.13 and a beta of 1.03.

Pentair (NYSE:PNR) last posted its quarterly earnings data on Wednesday, April 29th. The industrial products company reported $1.22 EPS for the quarter, topping the consensus estimate of $1.17 by $0.05. The firm had revenue of $1.04 billion during the quarter, compared to analyst estimates of $1.03 billion. Pentair had a net margin of 15.98% and a return on equity of 21.92%. Pentair’s revenue was up 2.6% on a year-over-year basis. During the same quarter in the previous year, the business posted $1.11 EPS. On average, sell-side analysts predict that Pentair will post 4.66 EPS for the current fiscal year.

Pentair Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Friday, August 7th. Stockholders of record on Friday, July 24th will be issued a dividend of $0.27 per share. The ex-dividend date of this dividend is Friday, July 24th. This represents a $1.08 dividend on an annualized basis and a dividend yield of 1.7%. Pentair’s payout ratio is 26.47%.

Hedge Funds Weigh In On Pentair

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in PNR. Hsbc Holdings PLC grew its stake in Pentair by 1,459.8% during the 1st quarter. Hsbc Holdings PLC now owns 1,270,578 shares of the industrial products company’s stock valued at $110,617,000 after purchasing an additional 1,189,122 shares during the last quarter. Assenagon Asset Management S.A. raised its stake in shares of Pentair by 1,690.9% in the fourth quarter. Assenagon Asset Management S.A. now owns 729,663 shares of the industrial products company’s stock worth $75,987,000 after purchasing an additional 688,921 shares during the last quarter. Nordea Investment Management AB raised its stake in shares of Pentair by 22.8% in the fourth quarter. Nordea Investment Management AB now owns 3,484,915 shares of the industrial products company’s stock worth $366,787,000 after purchasing an additional 647,162 shares during the last quarter. Amundi boosted its position in Pentair by 13.1% in the first quarter. Amundi now owns 4,237,659 shares of the industrial products company’s stock valued at $369,208,000 after buying an additional 491,758 shares during the last quarter. Finally, AQR Capital Management LLC boosted its position in Pentair by 43.0% in the third quarter. AQR Capital Management LLC now owns 1,472,500 shares of the industrial products company’s stock valued at $161,754,000 after buying an additional 442,534 shares during the last quarter. Hedge funds and other institutional investors own 92.37% of the company’s stock.

Key Stories Impacting Pentair

Here are the key news stories impacting Pentair this week:

• Neutral Sentiment: Some analysts remain constructive despite the selloff, with at least one firm maintaining an outperform-style view after lowering its price target. Pentair price target lowered by Oppenheimer
• Negative Sentiment: Pentair’s management cut its 2026 sales and earnings outlook due to deeper pool-channel destocking and weak demand, signaling that operating conditions are deteriorating. PNR Cuts Q226 & FY26 Outlook on Pool Weakness
• Negative Sentiment: Investors were unsettled by the abrupt CFO departure announced alongside the weaker forecast, raising questions about leadership continuity and timing. Pentair (PNR) Is Down 12.2% After Cutting 2026 Outlook And Announcing CFO Exit
• Negative Sentiment: Multiple law firms have launched securities-fraud investigations tied to Pentair’s July 2026 disclosure, adding legal uncertainty and potential distraction for management. Securities Fraud Investigation Into Pentair plc (PNR) Announced

About Pentair

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.