Wall Street Zen Upgrades Pentair (NYSE:PNR) to “Buy”

Pentair (NYSE:PNR) was upgraded by analysts at Wall Street Zen from a “hold” rating to a “buy” rating in a research note issued to investors on Sunday.

Several other analysts also recently issued reports on PNR. Jefferies Financial Group raised shares of Pentair from a “hold” rating to a “buy” rating and boosted their target price for the company from $120.00 to $135.00 in a research note on Wednesday, December 10th. Wolfe Research reiterated an “outperform” rating and issued a $135.00 target price on shares of Pentair in a research note on Tuesday, December 9th. UBS Group raised their price target on shares of Pentair from $120.00 to $124.00 and gave the stock a “buy” rating in a research report on Wednesday, October 22nd. JPMorgan Chase & Co. increased their price target on shares of Pentair from $116.00 to $126.00 and gave the stock an “overweight” rating in a research report on Wednesday, October 15th. Finally, Barclays cut shares of Pentair from an “overweight” rating to an “equal weight” rating and cut their target price for the company from $127.00 to $115.00 in a research note on Thursday, December 4th. Two analysts have rated the stock with a Strong Buy rating, eleven have issued a Buy rating, four have given a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat.com, Pentair presently has an average rating of “Moderate Buy” and a consensus price target of $121.07.

Pentair Stock Performance

Shares of NYSE PNR opened at $105.10 on Friday. The stock has a market capitalization of $17.20 billion, a P/E ratio of 26.68, a P/E/G ratio of 2.04 and a beta of 1.21. The firm’s 50-day moving average price is $106.82 and its two-hundred day moving average price is $105.80. Pentair has a 52-week low of $74.25 and a 52-week high of $113.95. 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 for the quarter, topping the consensus estimate of $1.18 by $0.06. Pentair had a net margin of 15.84% and a return on equity of 21.83%. The business had revenue of $1.02 billion during the quarter, compared to the consensus estimate of $1 billion. During the same quarter in the prior year, the company posted $1.09 earnings per share. The company’s quarterly revenue was up 2.9% compared to the same quarter last year. 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, sell-side analysts forecast that Pentair will post 4.77 earnings per share for the current year.

Insider Buying and Selling at Pentair

In other news, Director T Michael Glenn sold 6,558 shares of the firm’s stock in a transaction that occurred on Monday, December 1st. The shares were sold at an average price of $104.33, for a total transaction of $684,196.14. Following the transaction, the director directly owned 31,192 shares of the company’s stock, valued at approximately $3,254,261.36. This trade represents a 17.37% 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 this hyperlink. Also, CFO Robert P. Fishman sold 7,786 shares of the firm’s stock in a transaction that occurred on 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. The trade was a 10.97% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. 1.10% of the stock is owned by company insiders.

Hedge Funds Weigh In On Pentair

Hedge funds and other institutional investors have recently made changes to their positions in the stock. Nordea Investment Management AB boosted 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 valued at $311,046,000 after acquiring an additional 1,800,669 shares during the last quarter. Ameriprise Financial Inc. raised its stake in shares of Pentair by 106.7% in the third quarter. Ameriprise Financial Inc. now owns 3,236,826 shares of the industrial products company’s stock worth $358,521,000 after purchasing an additional 1,670,944 shares during the last quarter. Valeo Financial Advisors LLC bought a new stake in Pentair in the 2nd quarter worth about $102,945,000. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC boosted its position in Pentair by 19.1% in the first 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 during the last quarter. Finally, Amundi raised its position in 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 acquiring an additional 594,989 shares during the period. 92.37% of the stock is 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.