Seaport Res Ptn Has Negative Outlook of Pentair Q1 Earnings

Pentair plc (NYSE:PNR - Free Report) - Equities researchers at Seaport Res Ptn cut their Q1 2025 earnings per share (EPS) estimates for Pentair in a report issued on Wednesday, February 5th. Seaport Res Ptn analyst S. Graham now forecasts that the industrial products company will post earnings per share of $1.02 for the quarter, down from their previous forecast of $1.07. The consensus estimate for Pentair's current full-year earnings is $4.77 per share.

Other analysts have also issued reports about the stock. StockNews.com lowered shares of Pentair from a "buy" rating to a "hold" rating in a research report on Wednesday, October 23rd. Barclays lifted their target price on Pentair from $108.00 to $120.00 and gave the stock an "overweight" rating in a report on Thursday, December 5th. UBS Group boosted their target price on shares of Pentair from $100.00 to $115.00 and gave the company a "buy" rating in a research note on Wednesday, October 23rd. Northcoast Research raised shares of Pentair from a "hold" rating to a "strong-buy" rating in a report on Wednesday, February 5th. Finally, TD Cowen boosted their price objective on shares of Pentair from $95.00 to $110.00 and gave the company a "buy" rating in a report on Wednesday, October 23rd. Six analysts have rated the stock with a hold rating, ten have given a buy rating and one has assigned a strong buy rating to the company. According to data from MarketBeat, the company currently has a consensus rating of "Moderate Buy" and a consensus target price of $111.25.

Pentair Stock Performance

Shares of PNR traded up $0.37 during trading hours on Friday, hitting $98.24. The stock had a trading volume of 394,029 shares, compared to its average volume of 1,357,265. Pentair has a 12 month low of $72.44 and a 12 month high of $110.71. The stock has a fifty day moving average price of $102.88 and a 200 day moving average price of $97.41. The company has a debt-to-equity ratio of 0.46, a current ratio of 1.60 and a quick ratio of 0.91. The firm has a market capitalization of $16.23 billion, a PE ratio of 26.27, a PEG ratio of 1.93 and a beta of 1.20.

Pentair (NYSE:PNR - Get Free Report) last announced its quarterly earnings results on Tuesday, February 4th. The industrial products company reported $1.08 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $1.02 by $0.06. The firm had revenue of $972.90 million for the quarter, compared to the consensus estimate of $970.95 million. Pentair had a net margin of 15.32% and a return on equity of 20.94%. The business's quarterly revenue was down 1.2% compared to the same quarter last year. During the same quarter last year, the firm posted $0.87 EPS.

Institutional Investors Weigh In On Pentair

Several hedge funds have recently modified their holdings of the stock. Quarry LP increased its holdings in Pentair by 105.5% in the third quarter. Quarry LP now owns 261 shares of the industrial products company's stock valued at $26,000 after buying an additional 134 shares in the last quarter. SJS Investment Consulting Inc. increased its stake in Pentair by 753.8% during the 4th quarter. SJS Investment Consulting Inc. now owns 333 shares of the industrial products company's stock worth $34,000 after buying an additional 294 shares during the period. Eastern Bank increased its stake in shares of Pentair by 144.9% in the fourth quarter. Eastern Bank now owns 507 shares of the industrial products company's stock worth $51,000 after buying an additional 300 shares during the last quarter. Blue Trust Inc. grew its position in shares of Pentair by 165.2% in the 3rd quarter. Blue Trust Inc. now owns 525 shares of the industrial products company's stock worth $51,000 after acquiring an additional 327 shares in the last quarter. Finally, Friedenthal Financial acquired a new position in shares of Pentair in the 4th quarter valued at about $56,000. 92.37% of the stock is owned by institutional investors and hedge funds.

Pentair Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, February 7th. Investors of record on Friday, January 24th were given a $0.25 dividend. This represents a $1.00 annualized dividend and a yield of 1.02%. The ex-dividend date of this dividend was Friday, January 24th. This is a boost from Pentair's previous quarterly dividend of $0.23. Pentair's payout ratio is 26.74%.

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.