Pentair plc's investment activity indicates a positive outlook on the company with several key investors increasing their stock position. The stock was lifted by
Kubernetes Group NV and
ProShare Advisors LLC made a substantial purchase of 159,438 shares. Several other investors made noteworthy moves, including
Los Angeles Capital Management LLC,
Robeco Schweiz AG, and
Atria Investments Inc.
Achmea Investment Management B.V. and
BNP PARIBAS ASSET MANAGEMENT also bought shares. However,
Bank of Montreal and
Impax Asset Management Group plc decreased their holdings. Pentair's Q3 earnings beat analysts' predictions, which led to
UBS reiterating a buy rating and increasing the price target to $124. JP Morgan and Citi also lifted their price targets in response to strong earnings. Furthermore, the company's record performance in Q2 and Q3 amid market challenges, strong growth stocks rating, and steady dividends reflect its financial durability. The company also made important leadership changes and announced the acquisition of
Hydra-Stop. However, the company faced some criticism for its quarterly earnings preview and for not outperforming the Dow.
Pentair Plc PNR News Analytics from Tue, 18 Feb 2025 08:00:00 GMT to Fri, 14 Nov 2025 14:08:29 GMT -
Rating 8
- Innovation 4
- Information 8
- Rumor -4
