Pentair (NYSE:PNR – Get Free Report) had its price objective reduced by equities research analysts at Mizuho from $100.00 to $85.00 in a report issued on Tuesday, Marketbeat Ratings reports. The firm presently has an “outperform” rating on the industrial products company’s stock. Mizuho’s price target indicates a potential upside of 35.06% from the stock’s previous close.
PNR has been the topic of several other research reports. Seaport Research Partners lowered Pentair from a “buy” rating to a “neutral” rating in a report on Wednesday, July 15th. BNP Paribas Exane reiterated an “underperform” rating and set a $64.00 price objective (down from $75.00) on shares of Pentair in a research report on Thursday, July 16th. Citigroup reduced their target price on shares of Pentair from $112.00 to $106.00 and set a “buy” rating on the stock in a research note on Wednesday, April 29th. Royal Bank Of Canada lowered shares of Pentair from an “outperform” rating to a “sector perform” rating and lowered their target price for the stock from $101.00 to $74.00 in a report on Wednesday, July 15th. Finally, The Goldman Sachs Group dropped their price target on shares of Pentair from $91.00 to $72.00 and set a “neutral” rating for the company in a research note on Wednesday, July 15th. Seven analysts have rated the stock with a Buy rating, six have issued a Hold rating and three have issued a Sell rating to the company. According to data from MarketBeat.com, the company currently has an average rating of “Hold” and an average target price of $91.40.
Pentair Trading Up 2.4%
Pentair (NYSE:PNR – Get Free Report) last issued its quarterly earnings data on Wednesday, April 29th. The industrial products company reported $1.22 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.17 by $0.05. The business had revenue of $1.04 billion for the quarter, compared to the consensus estimate of $1.03 billion. Pentair had a return on equity of 21.92% and a net margin of 15.98%.The company’s quarterly revenue was up 2.6% compared to the same quarter last year. During the same period in the prior year, the business posted $1.11 earnings per share. As a group, research analysts forecast that Pentair will post 4.8 EPS for the current year.
Institutional Trading of Pentair
Hedge funds and other institutional investors have recently bought and sold shares of the business. Moors & Cabot Inc. lifted its holdings in Pentair by 0.9% in the third quarter. Moors & Cabot Inc. now owns 11,006 shares of the industrial products company’s stock valued at $1,219,000 after acquiring an additional 100 shares during the period. Private Advisor Group LLC lifted its holdings in Pentair by 1.2% during the third quarter. Private Advisor Group LLC now owns 8,888 shares of the industrial products company’s stock valued at $984,000 after purchasing an additional 105 shares in the last quarter. Annis Gardner Whiting Capital Advisors LLC increased its stake in shares of Pentair by 71.4% during the fourth quarter. Annis Gardner Whiting Capital Advisors LLC now owns 252 shares of the industrial products company’s stock worth $26,000 after purchasing an additional 105 shares in the last quarter. Captrust Financial Advisors raised its position in shares of Pentair by 0.3% during the 2nd quarter. Captrust Financial Advisors now owns 38,135 shares of the industrial products company’s stock worth $3,915,000 after purchasing an additional 107 shares during the last quarter. Finally, Plan A Wealth LLC lifted its stake in Pentair by 6.0% in the 4th quarter. Plan A Wealth LLC now owns 2,009 shares of the industrial products company’s stock valued at $209,000 after buying an additional 113 shares in the last quarter. Hedge funds and other institutional investors own 92.37% of the company’s stock.
Key Pentair News
Here are the key news stories impacting Pentair this week:
- Positive Sentiment: Mizuho lowered its price target on Pentair but kept an outperform rating, signaling the stock could still have meaningful upside from current levels. Pentair price target lowered by Mizuho
- Neutral Sentiment: Zacks published an earnings preview saying Pentair’s upcoming Q2 results were expected to decline, which may have reinforced cautious investor expectations ahead of the report. Earnings Preview: Pentair plc (PNR) Q2 Earnings Expected to Decline
- Negative Sentiment: Multiple law firms, including Berger Montague, Bleichmar Fonti & Auld, the Schall Law Firm, Pomerantz, and Levi & Korsinsky, announced investigations into possible securities-law violations tied to Pentair’s recent stock drop and the FY2026 guidance cut, raising legal overhang and investor uncertainty. Berger Montague investigation
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.
Recommended Stories
- Five stocks we like better than Pentair
- Could Truth API Become Trump Media’s First Meaningful Revenue Driver?
- Small Caps Are Crushing the S&P 500—3 Stocks Still Worth Buying
- Moog Is More Than a Missile Maker, and Wall Street Is Noticing
- A Boring Dividend Growth Strategy Becomes a Solid Defensive Play
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.
