Pentair (NYSE:PNR) Announces Earnings Results

Pentair (NYSE:PNRGet Free Report) released its quarterly earnings results on Tuesday. The industrial products company reported $1.24 earnings per share for the quarter, topping analysts’ consensus estimates of $1.18 by $0.06, Zacks reports. Pentair had a return on equity of 21.62% and a net margin of 14.86%.The firm had revenue of $1.02 billion during the quarter, compared to analysts’ expectations of $1 billion. During the same quarter in the prior year, the business earned $1.09 EPS. Pentair’s quarterly revenue was up 2.9% compared to the same quarter last year. Pentair updated its Q4 2025 guidance to 1.110-1.160 EPS and its FY 2025 guidance to 4.850-4.900 EPS.

Pentair Price Performance

Pentair stock opened at $109.10 on Wednesday. Pentair has a 12 month low of $74.25 and a 12 month high of $113.95. The stock’s 50 day moving average is $109.24 and its 200-day moving average is $101.29. The company has a current ratio of 1.45, a quick ratio of 0.84 and a debt-to-equity ratio of 0.38. The company has a market capitalization of $17.89 billion, a price-to-earnings ratio of 29.81, a PEG ratio of 2.07 and a beta of 1.10.

Pentair Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Friday, November 7th. Stockholders of record on Friday, October 24th will be given a $0.25 dividend. The ex-dividend date of this dividend is Friday, October 24th. This represents a $1.00 annualized dividend and a dividend yield of 0.9%. Pentair’s dividend payout ratio is presently 27.32%.

Hedge Funds Weigh In On Pentair

Several institutional investors and hedge funds have recently made changes to their positions in the company. Ameriprise Financial Inc. raised its position in Pentair by 37.6% during the 2nd quarter. Ameriprise Financial Inc. now owns 1,565,882 shares of the industrial products company’s stock worth $160,751,000 after purchasing an additional 428,200 shares during the last quarter. Man Group plc raised its position in Pentair by 119.4% during the 2nd quarter. Man Group plc now owns 455,857 shares of the industrial products company’s stock worth $46,798,000 after purchasing an additional 248,107 shares during the last quarter. Treasurer of the State of North Carolina raised its position in Pentair by 101.8% during the 2nd quarter. Treasurer of the State of North Carolina now owns 338,368 shares of the industrial products company’s stock worth $34,737,000 after purchasing an additional 170,707 shares during the last quarter. AQR Capital Management LLC raised its position in Pentair by 19.5% during the 2nd quarter. AQR Capital Management LLC now owns 1,029,966 shares of the industrial products company’s stock worth $105,736,000 after purchasing an additional 168,160 shares during the last quarter. Finally, Raymond James Financial Inc. raised its position in Pentair by 49.3% during the 2nd quarter. Raymond James Financial Inc. now owns 399,193 shares of the industrial products company’s stock worth $40,981,000 after purchasing an additional 131,740 shares during the last quarter. Institutional investors and hedge funds own 92.37% of the company’s stock.

Analyst Upgrades and Downgrades

PNR has been the subject of a number of recent research reports. Citigroup upped their price objective on Pentair from $126.00 to $133.00 and gave the stock a “buy” rating in a research note on Thursday, October 9th. Oppenheimer raised their price target on Pentair from $120.00 to $124.00 and gave the stock an “outperform” rating in a research note on Monday. Bank of America downgraded Pentair from a “neutral” rating to an “underperform” rating and reduced their price objective for the stock from $106.00 to $100.00 in a research report on Tuesday, July 29th. Wall Street Zen upgraded Pentair from a “hold” rating to a “buy” rating in a research report on Saturday, July 26th. Finally, Mizuho lifted their target price on Pentair from $118.00 to $122.00 and gave the company an “outperform” rating in a research note on Wednesday, July 23rd. Two equities research analysts have rated the stock with a Strong Buy rating, eleven have given a Buy rating, three have assigned a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $116.50.

Read Our Latest Report on Pentair

About Pentair

(Get Free Report)

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.

See Also

Earnings History for Pentair (NYSE:PNR)

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.