Bank of America Cuts Pentair (NYSE:PNR) Price Target to $88.00

Pentair (NYSE:PNR) had its target price trimmed by Bank of America from $100.00 to $88.00 in a research report released on Monday,Benzinga reports. The brokerage currently has an underperform rating on the industrial products company’s stock.

Several other analysts have also weighed in on the company. Stifel Nicolaus lowered their target price on Pentair from $126.00 to $110.00 and set a “buy” rating on the stock in a report on Tuesday, April 14th. TD Cowen lowered Pentair from a “buy” rating to a “market perform” rating in a report on Monday, January 5th. Weiss Ratings lowered Pentair from a “buy (b-)” rating to a “hold (c+)” rating in a report on Wednesday, April 8th. Barclays lowered their target price on Pentair from $102.00 to $95.00 and set an “equal weight” rating on the stock in a report on Wednesday, April 1st. Finally, BNP Paribas Exane lowered Pentair from a “hold” rating to a “strong sell” rating and set a $90.00 target price on the stock. in a report on Wednesday, January 7th. Ten analysts have rated the stock with a Buy rating, two have issued a Hold rating and three have issued a Sell rating to the stock. According to MarketBeat, the stock has a consensus rating of “Hold” and a consensus price target of $112.21.

Pentair Stock Down 0.5%

Pentair stock opened at $89.55 on Monday. The company has a debt-to-equity ratio of 0.42, a quick ratio of 0.95 and a current ratio of 1.61. The firm has a market capitalization of $14.47 billion, a price-to-earnings ratio of 22.61, a price-to-earnings-growth ratio of 1.62 and a beta of 1.25. Pentair has a fifty-two week low of $83.60 and a fifty-two week high of $113.95. The stock’s fifty day moving average is $92.25 and its two-hundred day moving average is $100.87.

Pentair (NYSE:PNR) last posted its earnings results on Tuesday, February 3rd. The industrial products company reported $1.18 earnings per share for the quarter, beating the consensus estimate of $1.17 by $0.01. The company had revenue of $1.02 billion for the quarter, compared to analyst estimates of $1.01 billion. Pentair had a return on equity of 21.79% and a net margin of 15.66%.Pentair’s revenue was up 4.9% compared to the same quarter last year. During the same quarter in the prior year, the company earned $1.08 earnings per share. Pentair has set its FY 2026 guidance at 5.250-5.400 EPS and its Q1 2026 guidance at 1.150-1.180 EPS. Analysts predict that Pentair will post 5.34 EPS for the current fiscal year.

Pentair Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Friday, May 1st. Investors of record on Friday, April 17th will be given a dividend of $0.27 per share. The ex-dividend date is Friday, April 17th. This represents a $1.08 annualized dividend and a yield of 1.2%. Pentair’s dividend payout ratio is 27.27%.

Insider Activity

In related news, Director Michael T. Speetzen sold 7,000 shares of the stock in a transaction dated Wednesday, February 11th. The stock was sold at an average price of $99.99, for a total transaction of $699,930.00. Following the transaction, the director directly owned 8,290 shares in the company, valued at approximately $828,917.10. This represents a 45.78% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through this hyperlink. Also, EVP Philip M. Rolchigo sold 6,493 shares of the stock in a transaction dated Wednesday, February 25th. The stock was sold at an average price of $103.22, for a total value of $670,207.46. Following the transaction, the executive vice president owned 29,096 shares in the company, valued at $3,003,289.12. This trade represents a 18.24% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Corporate insiders own 1.26% of the company’s stock.

Hedge Funds Weigh In On Pentair

Large investors have recently added to or reduced their stakes in the business. Annis Gardner Whiting Capital Advisors LLC lifted its position in Pentair by 71.4% during the fourth quarter. Annis Gardner Whiting Capital Advisors LLC now owns 252 shares of the industrial products company’s stock worth $26,000 after buying an additional 105 shares during the period. Wexford Capital LP purchased a new position in Pentair during the third quarter worth about $26,000. Motiv8 Investments LLC purchased a new position in Pentair during the fourth quarter worth about $27,000. Richardson Financial Services Inc. lifted its position in 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 buying an additional 98 shares during the period. Finally, Root Financial Partners LLC purchased a new position in Pentair during the third quarter worth about $41,000. 92.37% of the stock is currently owned by hedge funds and other institutional investors.

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.