IQ EQ FUND MANAGEMENT IRELAND Ltd Purchases 2,187 Shares of Pentair plc $PNR

IQ EQ FUND MANAGEMENT IRELAND Ltd lifted its position in Pentair plc (NYSE:PNR) by 35.5% during the 2nd quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 8,345 shares of the industrial products company’s stock after purchasing an additional 2,187 shares during the quarter. IQ EQ FUND MANAGEMENT IRELAND Ltd’s holdings in Pentair were worth $857,000 at the end of the most recent quarter.

Other institutional investors have also recently made changes to their positions in the company. Horizon Financial Services LLC purchased a new position in Pentair in the first quarter worth $38,000. North Capital Inc. purchased a new position in Pentair in the first quarter worth $38,000. Garde Capital Inc. purchased a new position in Pentair in the second quarter worth $41,000. North Star Investment Management Corp. grew its position in Pentair by 91.5% in the second quarter. North Star Investment Management Corp. now owns 404 shares of the industrial products company’s stock worth $41,000 after acquiring an additional 193 shares in the last quarter. Finally, Brooklyn Investment Group grew its position in Pentair by 14.8% in the first quarter. Brooklyn Investment Group now owns 847 shares of the industrial products company’s stock worth $74,000 after acquiring an additional 109 shares in the last quarter. Institutional investors own 92.37% of the company’s stock.

Wall Street Analyst Weigh In

Several research analysts recently issued reports on PNR shares. Stifel Nicolaus upped their target price on shares of Pentair from $104.00 to $124.00 and gave the stock a “buy” rating in a research report on Monday, July 21st. UBS Group upped their target price 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. upped their price target on shares of Pentair from $116.00 to $126.00 and gave the company an “overweight” rating in a research report on Wednesday, October 15th. Royal Bank Of Canada upped their price target on shares of Pentair from $121.00 to $124.00 and gave the company an “outperform” rating in a research report on Wednesday, October 22nd. Finally, Weiss Ratings restated a “buy (b-)” rating on shares of Pentair in a research report on Wednesday, October 8th. Two analysts have rated the stock with a Strong Buy rating, eleven have given a Buy rating, three have given a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average target price of $119.93.

Pentair Stock Performance

NYSE PNR opened at $109.02 on Wednesday. The company has a 50-day simple moving average of $109.54 and a two-hundred day simple moving average of $102.49. 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 plc has a 12-month low of $74.25 and a 12-month high of $113.95. The firm has a market cap of $17.84 billion, a price-to-earnings ratio of 27.67, a PEG ratio of 2.03 and a beta of 1.10.

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 firm had revenue of $1.02 billion during the quarter, compared to the consensus estimate of $1 billion. Pentair had a net margin of 15.84% and a return on equity of 21.83%. The company’s quarterly revenue was up 2.9% compared to the same quarter last year. During the same period in the prior year, the firm posted $1.09 earnings per share. Pentair has set its Q4 2025 guidance at 1.110-1.160 EPS. FY 2025 guidance at 4.850-4.900 EPS. On average, equities analysts forecast that Pentair plc will post 4.77 EPS for the current year.

Pentair Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Friday, November 7th. Stockholders of record on Friday, October 24th will be paid a dividend of $0.25 per share. This represents a $1.00 annualized dividend and a dividend yield of 0.9%. The ex-dividend date of this dividend is Friday, October 24th. Pentair’s dividend payout ratio is 25.38%.

Pentair 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.