Brokerages Set Pentair plc (NYSE:PNR) Price Target at $121.07

Pentair plc (NYSE:PNR) has been given a consensus recommendation of “Moderate Buy” by the eighteen research firms that are presently covering the stock, Marketbeat.com reports. One investment analyst has rated the stock with a sell rating, four have issued a hold rating, eleven have assigned a buy rating and two have assigned a strong buy rating to the company. The average 1-year price target among brokerages that have issued ratings on the stock in the last year is $121.0667.

A number of brokerages have commented on PNR. Robert W. Baird set a $130.00 target price on shares of Pentair in a research note on Wednesday, October 22nd. Weiss Ratings reaffirmed a “buy (b-)” rating on shares of Pentair in a research report on Wednesday, October 8th. Wolfe Research reiterated an “outperform” rating and issued a $135.00 price objective on shares of Pentair in a report on Tuesday, December 9th. Jefferies Financial Group raised 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 note on Wednesday, December 10th. Finally, Citigroup upped their price target on Pentair from $126.00 to $133.00 and gave the company a “buy” rating in a research note on Thursday, October 9th.

Insider Buying and Selling

In other Pentair 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 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. 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 is available through this link. Also, Director T Michael Glenn sold 6,558 shares of the company’s 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 owned 31,192 shares in the company, valued at $3,254,261.36. This trade represents a 17.37% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. 1.45% of the stock is currently owned by insiders.

Institutional Investors Weigh In On Pentair

A number of institutional investors have recently modified their holdings of PNR. Wexford Capital LP acquired a new position in Pentair during the 3rd quarter worth about $26,000. Richardson Financial Services Inc. lifted its position in shares of Pentair by 64.9% during the third quarter. Richardson Financial Services Inc. now owns 249 shares of the industrial products company’s stock worth $28,000 after purchasing an additional 98 shares in the last quarter. First Horizon Advisors Inc. boosted its stake in shares of Pentair by 105.4% in the second quarter. First Horizon Advisors Inc. now owns 345 shares of the industrial products company’s stock valued at $35,000 after purchasing an additional 177 shares during the period. Root Financial Partners LLC acquired a new position in shares of Pentair in the third quarter valued at approximately $41,000. Finally, Garde Capital Inc. acquired a new position in shares of Pentair in the second quarter valued at approximately $41,000. 92.37% of the stock is owned by institutional investors and hedge funds.

Pentair Price Performance

Shares of Pentair stock opened at $104.48 on Friday. 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 has a twelve month low of $74.25 and a twelve month high of $113.95. The business has a 50-day moving average price of $106.69 and a 200 day moving average price of $105.84. The firm has a market cap of $17.10 billion, a PE ratio of 26.52, a P/E/G ratio of 2.03 and a beta of 1.21.

Pentair (NYSE:PNR) last issued its quarterly earnings data on Tuesday, October 21st. The industrial products company reported $1.24 EPS for the quarter, beating the consensus estimate of $1.18 by $0.06. The company had revenue of $1.02 billion for 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%.Pentair’s quarterly revenue was up 2.9% compared to the same quarter last year. During the same period last year, the company 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. Sell-side analysts predict that Pentair will post 4.77 earnings per share for the current fiscal year.

Pentair Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Friday, February 6th. Shareholders of record on Friday, January 23rd will be given a dividend of $0.27 per share. This is a boost from Pentair’s previous quarterly dividend of $0.25. This represents a $1.08 dividend on an annualized basis and a dividend yield of 1.0%. The ex-dividend date is Friday, January 23rd. Pentair’s dividend payout ratio (DPR) is 25.38%.

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.