Raiffeisen Bank International AG bought a new position in shares of Pentair plc (NYSE:PNR – Free Report) during the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm bought 35,025 shares of the industrial products company’s stock, valued at approximately $438,000.
Other hedge funds have also modified their holdings of the company. Annis Gardner Whiting Capital Advisors LLC boosted its holdings in Pentair by 71.4% in the fourth quarter. Annis Gardner Whiting Capital Advisors LLC now owns 252 shares of the industrial products company’s stock valued at $26,000 after acquiring an additional 105 shares during the last quarter. Wexford Capital LP acquired a new position in shares of Pentair in the third quarter worth about $26,000. Motiv8 Investments LLC acquired a new position in shares of Pentair in the 4th quarter valued at approximately $27,000. Tsfg LLC acquired a new stake in Pentair in the second quarter valued at $37,000. Finally, Sound Financial Strategies Group LLC bought a new position in shares of Pentair during the second quarter worth about $38,000. 92.37% of the stock is owned by institutional investors and hedge funds.
Wall Street Analyst Weigh In
Several brokerages recently issued reports on PNR. The Goldman Sachs Group reduced their price objective on Pentair from $91.00 to $72.00 and set a “neutral” rating on the stock in a research note on Wednesday, July 15th. Jefferies Financial Group set a $90.00 price objective on Pentair in a research report on Wednesday, July 15th. TD Cowen decreased their price target on Pentair from $75.00 to $65.00 and set a “sell” rating for the company in a research note on Wednesday, July 29th. Seaport Research Partners downgraded shares of Pentair from a “buy” rating to a “neutral” rating in a report on Wednesday, July 15th. Finally, Royal Bank Of Canada downgraded Pentair from an “outperform” rating to a “sector perform” rating and reduced their target price for the company from $101.00 to $74.00 in a report on Wednesday, July 15th. Eight research analysts have rated the stock with a Buy rating, six have assigned a Hold rating and four have given a Sell rating to the company’s stock. According to MarketBeat, the stock has a consensus rating of “Hold” and an average target price of $89.94.
Pentair Trading Up 0.0%
Shares of NYSE:PNR opened at $60.23 on Monday. The firm has a fifty day moving average of $67.09 and a two-hundred day moving average of $77.98. The company has a quick ratio of 0.76, a current ratio of 1.45 and a debt-to-equity ratio of 0.43. Pentair plc has a 12-month low of $57.60 and a 12-month high of $113.95. The firm has a market capitalization of $9.62 billion, a P/E ratio of 15.13, a price-to-earnings-growth ratio of 1.54 and a beta of 1.02.
Pentair (NYSE:PNR – Get Free Report) last issued its earnings results on Wednesday, July 29th. The industrial products company reported $1.14 earnings per share for the quarter, topping the consensus estimate of $1.12 by $0.02. The company had revenue of $932.60 million for the quarter, compared to analyst estimates of $943.24 million. Pentair had a return on equity of 20.62% and a net margin of 16.24%.The business’s revenue was down 17.0% compared to the same quarter last year. During the same period in the prior year, the firm posted $1.39 EPS. On average, equities analysts expect that Pentair plc will post 4.64 EPS for the current fiscal year.
More Pentair News
Here are the key news stories impacting Pentair this week:
- Positive Sentiment: Pentair has secured new term loans to help finance its planned acquisition of Taco Group Holdings, a move that could expand the company’s water-management portfolio and add future growth opportunities. However, the financing also increases debt obligations. Pentair Secures New Term Loans for Taco Acquisition
- Neutral Sentiment: Multiple law firms are soliciting investors ahead of an October 2, 2026 deadline to seek lead-plaintiff status in a securities class action against Pentair. The notices largely repeat the same allegations and do not represent new findings by regulators or a court. Robbins Geller Pentair Class Action Notice
- Negative Sentiment: The lawsuits allege that Pentair and certain executives made false or misleading statements, including allegedly failing to disclose destocking in its Pool sales channel. According to one notice, the alleged disclosures preceded an $11.35-per-share decline. The litigation creates potential legal costs, settlement exposure and continued uncertainty about the company’s disclosures. SueWallSt Pentair Securities Class Action Notice
- Negative Sentiment: The proposed class period generally covers investors who purchased Pentair securities from April 28 through July 14, 2026, while one notice says the period was expanded back to March 11, 2025. The breadth and volume of law-firm announcements are likely adding to investor concerns even though the allegations remain unproven. Hagens Berman Pentair Expanded Class Period Notice
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.
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