Pentair (NYSE:PNR) Price Target Lowered to $124.00 at JPMorgan Chase & Co.

Pentair (NYSE:PNR) had its price objective reduced by JPMorgan Chase & Co. from $132.00 to $124.00 in a research report report published on Friday morning,Benzinga reports. They currently have an overweight rating on the industrial products company’s stock.

A number of other analysts have also issued reports on the stock. UBS Group lifted their price objective on shares of Pentair from $120.00 to $124.00 and gave the company a “buy” rating in a research note on Wednesday, October 22nd. Barclays lowered shares of Pentair from an “overweight” rating to an “equal weight” rating and lowered their price target for the company from $127.00 to $115.00 in a report on Thursday, December 4th. BNP Paribas lowered shares of Pentair from a “hold” rating to a “strong sell” rating and set a $90.00 price objective on the stock. in a report on Wednesday, January 7th. Jefferies Financial Group raised shares of Pentair from a “hold” rating to a “buy” rating and upped their price objective for the company from $120.00 to $135.00 in a research report on Wednesday, December 10th. Finally, Oppenheimer lifted their target price on Pentair from $124.00 to $128.00 and gave the stock an “outperform” rating in a research report on Thursday, November 20th. Two equities research analysts have rated the stock with a Strong Buy rating, eleven have given a Buy rating, three have issued a Hold rating and four have issued a Sell rating to the stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $115.75.

Pentair Stock Up 0.3%

Shares of NYSE PNR opened at $107.32 on Friday. The stock has a fifty day moving average price of $104.74 and a 200 day moving average price of $106.55. The company has a current ratio of 1.46, a quick ratio of 0.82 and a debt-to-equity ratio of 0.42. Pentair has a 12-month low of $74.25 and a 12-month high of $113.95. The company has a market cap of $17.56 billion, a P/E ratio of 27.24, a P/E/G ratio of 1.88 and a beta of 1.22.

Pentair (NYSE:PNR) last issued its earnings results 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 return on equity of 21.83% and a net margin of 15.84%.The company 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 business earned $1.09 earnings per share. The company’s 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. Research analysts anticipate that Pentair will post 4.77 EPS for the current fiscal year.

Pentair Increases Dividend

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

Insider Transactions at Pentair

In other Pentair news, Director T Michael Glenn sold 6,558 shares of the stock in a transaction that occurred on Monday, December 1st. The stock was sold at an average price of $104.33, for a total transaction of $684,196.14. Following the transaction, the director owned 31,192 shares of the company’s stock, valued at $3,254,261.36. This trade represents a 17.37% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. Also, CFO Robert P. Fishman sold 7,786 shares of the business’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 value of $820,800.12. Following the completion of the sale, the chief financial officer owned 63,164 shares of the company’s stock, valued at $6,658,748.88. This trade represents 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 currently owned by company insiders.

Institutional Trading of Pentair

Several institutional investors have recently added to or reduced their stakes in PNR. Wexford Capital LP acquired a new position in shares of Pentair in the 3rd quarter valued at about $26,000. Richardson Financial Services Inc. lifted its holdings in Pentair by 64.9% in the third quarter. Richardson Financial Services Inc. now owns 249 shares of the industrial products company’s stock worth $28,000 after acquiring an additional 98 shares during the last quarter. First Horizon Advisors Inc. boosted its stake in 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 acquiring an additional 177 shares during the period. North Star Investment Management Corp. grew its holdings in shares of Pentair by 91.5% during the second quarter. North Star Investment Management Corp. now owns 404 shares of the industrial products company’s stock valued at $41,000 after purchasing an additional 193 shares during the last quarter. Finally, Root Financial Partners LLC acquired a new stake in shares of Pentair during the 3rd quarter worth approximately $41,000. Institutional investors own 92.37% of the company’s stock.

About Pentair

Pentair plc (NYSE: PNR) is a global provider of water treatment and fluid management solutions. The company designs, manufactures and sells a broad range of products that move, treat, monitor and control the flow of water and other fluids across residential, commercial, industrial and municipal markets. Pentair’s offerings are focused on improving water quality, conserving resources and enabling efficient fluid handling in applications from household water systems and pools to large-scale industrial and municipal installations.

Product lines include pumps and pumping systems, water filtration and purification equipment, valves and controls, heat exchangers, pool and spa systems, and a range of aftermarket parts and services.