Pentair plc $PNR Shares Sold by Ritholtz Wealth Management

Ritholtz Wealth Management lessened its stake in shares of Pentair plc (NYSE:PNR) by 29.8% during the second quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 2,127 shares of the industrial products company’s stock after selling 904 shares during the quarter. Ritholtz Wealth Management’s holdings in Pentair were worth $218,000 at the end of the most recent reporting period.

Other large investors have also recently bought and sold shares of the company. Garde Capital Inc. acquired a new stake in Pentair during the 2nd quarter valued at $41,000. North Star Investment Management Corp. lifted its stake in shares of Pentair by 91.5% during the 2nd quarter. North Star Investment Management Corp. now owns 404 shares of the industrial products company’s stock worth $41,000 after purchasing an additional 193 shares during the period. North Capital Inc. purchased a new position in shares of Pentair during the 1st quarter worth $38,000. Horizon Financial Services LLC purchased a new position in shares of Pentair during the 1st quarter worth $38,000. Finally, Brooklyn Investment Group lifted its stake in shares of Pentair by 14.8% during the 1st quarter. Brooklyn Investment Group now owns 847 shares of the industrial products company’s stock worth $74,000 after purchasing an additional 109 shares during the period. Institutional investors and hedge funds own 92.37% of the company’s stock.

Pentair Trading Down 0.2%

Shares of PNR opened at $109.10 on Wednesday. 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 firm has a market capitalization of $17.89 billion, a P/E ratio of 29.81, a price-to-earnings-growth ratio of 2.07 and a beta of 1.10. The stock’s fifty day simple moving average is $109.24 and its 200 day simple moving average is $101.29. Pentair plc has a twelve month low of $74.25 and a twelve month high of $113.95.

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 21.62% and a net margin of 14.86%.The business had revenue of $1.02 billion for the quarter, compared to analyst estimates of $1 billion. During the same period last year, the company posted $1.09 EPS. The business’s quarterly revenue was up 2.9% on a year-over-year basis. 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 research analysts forecast that Pentair plc will post 4.77 earnings per share for the current year.

Pentair Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Friday, November 7th. Shareholders 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 yield of 0.9%. Pentair’s dividend payout ratio (DPR) is 27.32%.

Analysts Set New Price Targets

PNR has been the topic of a number of recent analyst reports. Mizuho increased their price target on Pentair from $118.00 to $122.00 and gave the stock an “outperform” rating in a research note on Wednesday, July 23rd. TD Cowen lowered Pentair from a “buy” rating to a “hold” rating and reduced their price target for the stock from $115.00 to $110.00 in a research note on Wednesday, July 23rd. Bank of America lowered Pentair from a “neutral” rating to an “underperform” rating and reduced their price target for the stock from $106.00 to $100.00 in a research note on Tuesday, July 29th. Robert W. Baird increased their price target on Pentair from $107.00 to $121.00 and gave the stock an “outperform” rating in a research note on Wednesday, July 23rd. Finally, Weiss Ratings reaffirmed a “buy (b-)” rating on shares of Pentair in a research report on Wednesday, October 8th. 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 one has given a Sell rating to the stock. According to data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $116.50.

Pentair Company 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.