Pentair Plc (
PNR) has been experiencing an interesting mix of
investment activities, with several institutions both increasing and decreasing their stakes.
Millennium Management LLC, Teza Capital Management LLC, Royal Bank of Canada, and AllianceBernstein L.P. are amongst the institutions that have reduced their hold over PNR's stock, whereas
Great Lakes Advisors LLC, UBS Asset Management Americas LLC, and Eventide Asset Management LLC have elevated their holdings. Additionally, fresh investments were made by
Graham Capital Management L.P., Gates Capital Management Inc., BNP Paribas Financial Markets, and Magnetar Financial LLC. PNR's stocks have reportedly reached a new high, and the company's performance is deemed strong for long-term growth, further fortifying the seemingly bright investment prospects.
The company's balance sheet has been marked as pretty healthy and they have announced a definitive agreement to acquire
Hyrdra-Stop. However, concerns over consumer spending have prompted a downgrade from the Bank of America. Recently, they have announced
Lance Bonner as Executive VP, General Counsel and Secretary, embodying management changes. Penatir's Q2 2025 earnings results were strong and they've raised their guidance for the same year.
Pentair Plc PNR News Analytics from Mon, 30 Dec 2024 08:00:00 GMT to Sun, 14 Sep 2025 00:19:47 GMT -
Rating 5
- Innovation 3
- Information 8
- Rumor -3
