Twin Tree Management LP Sells 67,651 Shares of Pentair plc $PNR

Twin Tree Management LP lessened its stake in shares of Pentair plc (NYSE:PNR) by 89.9% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 7,610 shares of the industrial products company’s stock after selling 67,651 shares during the quarter. Twin Tree Management LP’s holdings in Pentair were worth $781,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also bought and sold shares of the stock. Sagespring Wealth Partners LLC bought a new stake in Pentair during the 2nd quarter valued at $323,000. TD Asset Management Inc boosted its position in shares of Pentair by 1.6% in the 2nd quarter. TD Asset Management Inc now owns 60,745 shares of the industrial products company’s stock worth $6,236,000 after purchasing an additional 945 shares in the last quarter. Sequoia Financial Advisors LLC boosted its position in shares of Pentair by 93.7% in the 2nd quarter. Sequoia Financial Advisors LLC now owns 8,625 shares of the industrial products company’s stock worth $885,000 after purchasing an additional 4,172 shares in the last quarter. Vest Financial LLC boosted its position in shares of Pentair by 15.5% in the 2nd quarter. Vest Financial LLC now owns 608,698 shares of the industrial products company’s stock worth $62,489,000 after purchasing an additional 81,513 shares in the last quarter. Finally, CWM LLC boosted its position in shares of Pentair by 53.7% in the 2nd quarter. CWM LLC now owns 20,587 shares of the industrial products company’s stock worth $2,113,000 after purchasing an additional 7,196 shares in the last quarter. Institutional investors own 92.37% of the company’s stock.

Analysts Set New Price Targets

A number of analysts have recently weighed in on PNR shares. Stifel Nicolaus raised their price objective on Pentair from $104.00 to $124.00 and gave the stock a “buy” rating in a research report on Monday, July 21st. Wall Street Zen raised Pentair from a “hold” rating to a “buy” rating in a research report on Saturday, July 26th. Robert W. Baird raised their price objective on Pentair from $107.00 to $121.00 and gave the stock an “outperform” rating in a research report on Wednesday, July 23rd. TD Cowen cut Pentair from a “buy” rating to a “hold” rating and lowered their price objective for the stock from $115.00 to $110.00 in a research report on Wednesday, July 23rd. Finally, Oppenheimer raised their price objective on Pentair from $118.00 to $120.00 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 given a Buy rating, three have issued a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average price target of $116.21.

Pentair Stock Performance

Shares of PNR opened at $108.82 on Friday. The stock has a 50-day moving average of $109.05 and a two-hundred day moving average of $100.81. Pentair plc has a one year low of $74.25 and a one year high of $113.95. The company has a debt-to-equity ratio of 0.38, a quick ratio of 0.84 and a current ratio of 1.45. The stock has a market cap of $17.84 billion, a P/E ratio of 29.73, a P/E/G ratio of 2.06 and a beta of 1.10.

Pentair (NYSE:PNR) last issued 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. Pentair had a return on equity of 21.62% and a net margin of 14.86%.The company had revenue of $1.12 billion during the quarter, compared to analysts’ expectations of $1.12 billion. During the same quarter in the previous year, the firm posted $1.22 EPS. The firm’s revenue was up 2.2% compared to the same quarter last year. Pentair has set its Q3 2025 guidance at 1.160-1.20 EPS. FY 2025 guidance at 4.750-4.85 EPS. As a group, research analysts predict that Pentair plc will post 4.77 EPS for the current year.

Pentair Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Friday, November 7th. Stockholders of record on Friday, October 24th will be issued a $0.25 dividend. 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 payout ratio is 27.32%.

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.