Chevy Chase Trust Holdings LLC Buys 246 Shares of Pentair plc $PNR

Chevy Chase Trust Holdings LLC boosted its stake in Pentair plc (NYSE:PNR) by 0.3% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 86,903 shares of the industrial products company’s stock after purchasing an additional 246 shares during the period. Chevy Chase Trust Holdings LLC owned about 0.05% of Pentair worth $8,921,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also added to or reduced their stakes in PNR. Amundi increased its position in Pentair by 13.6% in the 1st quarter. Amundi now owns 4,974,612 shares of the industrial products company’s stock valued at $412,033,000 after acquiring an additional 594,989 shares during the period. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC increased its position in Pentair by 19.1% in the 1st 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 valued at $361,275,000 after acquiring an additional 661,154 shares during the period. Invesco Ltd. increased its position in Pentair by 16.5% in the 1st quarter. Invesco Ltd. now owns 3,829,985 shares of the industrial products company’s stock valued at $335,047,000 after acquiring an additional 541,461 shares during the period. Northern Trust Corp increased its position in Pentair by 7.3% in the 1st quarter. Northern Trust Corp now owns 2,105,727 shares of the industrial products company’s stock valued at $184,209,000 after acquiring an additional 143,464 shares during the period. Finally, Massachusetts Financial Services Co. MA increased its position in Pentair by 2.5% in the 1st quarter. Massachusetts Financial Services Co. MA now owns 2,050,774 shares of the industrial products company’s stock valued at $179,402,000 after acquiring an additional 50,718 shares during the period. Institutional investors own 92.37% of the company’s stock.

Pentair Trading Up 0.1%

PNR opened at $108.82 on Monday. Pentair plc has a twelve month low of $74.25 and a twelve month high of $113.95. The company has a quick ratio of 0.84, a current ratio of 1.45 and a debt-to-equity ratio of 0.38. The company has a fifty day moving average of $109.05 and a 200-day moving average of $101.03. The stock has a market cap of $17.84 billion, a PE ratio of 29.73, a price-to-earnings-growth ratio of 2.06 and a beta of 1.10.

Pentair (NYSE:PNR) last posted its quarterly earnings results on Tuesday, July 22nd. The industrial products company reported $1.39 EPS for the quarter, topping analysts’ consensus estimates of $1.33 by $0.06. The business had revenue of $1.12 billion during the quarter, compared to analysts’ expectations of $1.12 billion. Pentair had a net margin of 14.86% and a return on equity of 21.62%. The business’s quarterly revenue was up 2.2% on a year-over-year basis. During the same period last year, the company posted $1.22 earnings per share. Pentair has set its Q3 2025 guidance at 1.160-1.20 EPS. FY 2025 guidance at 4.750-4.85 EPS. On average, sell-side analysts predict that Pentair plc will post 4.77 EPS for the current year.

Pentair Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Friday, November 7th. Shareholders of record on Friday, October 24th will be issued a $0.25 dividend. This represents a $1.00 dividend on an annualized basis and a yield of 0.9%. The ex-dividend date is Friday, October 24th. Pentair’s dividend payout ratio (DPR) is presently 27.32%.

Wall Street Analysts Forecast Growth

Several equities analysts have issued reports on PNR shares. Stifel Nicolaus upped their price target on shares of Pentair from $104.00 to $124.00 and gave the company a “buy” rating in a research report on Monday, July 21st. Bank of America cut shares of Pentair from a “neutral” rating to an “underperform” rating and decreased their price target for the company from $106.00 to $100.00 in a research report on Tuesday, July 29th. Wall Street Zen upgraded shares of Pentair from a “hold” rating to a “buy” rating in a research report on Saturday, July 26th. Barclays increased their price objective on shares of Pentair from $117.00 to $125.00 and gave the stock an “overweight” rating in a research report on Wednesday, October 1st. Finally, Robert W. Baird increased their price objective on shares of Pentair from $107.00 to $121.00 and gave the stock an “outperform” rating in a research report on Wednesday, July 23rd. Two research analysts have rated the stock with a Strong Buy rating, eleven have issued a Buy rating, three have given a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat, Pentair has an average rating of “Moderate Buy” and a consensus price target of $116.21.

About Pentair

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.