<div id="readability-page-1"><p><span>Pentair (NYSE:PNR - Get Free Report)</span> was downgraded by investment analysts at StockNews.com from a &#34;buy&#34; rating to a &#34;hold&#34; rating in a research note issued to investors on Thursday.</p><p>Other research analysts also recently issued reports about the company. Stifel Nicolaus cut their price target on Pentair from $126.00 to $125.00 and set a &#34;buy&#34; rating for the company in a report on Friday, January 24th. Barclays dropped their target price on Pentair from $120.00 to $110.00 and set an &#34;overweight&#34; rating for the company in a research note on Wednesday, March 26th. KeyCorp  reissued a &#34;sector weight&#34; rating and issued a $115.00 price target on shares of Pentair in a research note on Monday, January 6th. Citigroup dropped their price objective on shares of Pentair from $126.00 to $119.00 and set a &#34;buy&#34; rating for the company in a research note on Monday, January 13th. Finally, Northcoast Research raised shares of Pentair from a &#34;hold&#34; rating to a &#34;strong-buy&#34; rating in a research report on Wednesday, February 5th. Four equities research analysts have rated the stock with a hold rating, eleven have assigned  a buy rating and two have given a strong buy rating to the stock. According to MarketBeat.com, the stock presently has a consensus rating of &#34;Moderate Buy&#34; and a consensus price target of $112.27.</p><p><b>Read Our Latest Analysis on Pentair</b></p><h2>Pentair Price Performance</h2><p>Shares of PNR traded down $7.62 during mid-day trading on Thursday, reaching $81.47. 2,114,248 shares of the company's stock were exchanged, compared to its average volume of 1,466,592. Pentair has a 52-week low of $72.63 and a 52-week high of $110.71. The company has a quick ratio of 0.92, a current ratio of 1.60 and a debt-to-equity ratio of 0.46. The company has a 50-day simple moving average of $93.11 and a two-hundred day simple moving average of $98.61. The company has a market cap of $13.43 billion, a price-to-earnings ratio of 21.78, a PEG ratio of 1.87 and a beta of 1.23. </p><p>Pentair (NYSE:PNR - Get Free Report) last issued its quarterly earnings data on Tuesday, February 4th. The industrial products company reported $1.08 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.02 by $0.06. The business had revenue of $972.90 million for the quarter, compared to the consensus estimate of $970.95 million. Pentair had a return on equity of 20.94% and a net margin of 15.32%. The business's revenue was down 1.2% on a year-over-year basis. During the same period in the prior year, the business earned $0.87 earnings per share.  On average, sell-side analysts predict that  Pentair will post 4.77 EPS for the current fiscal year. </p><h2>Institutional Investors Weigh In On Pentair</h2><p>Large investors have recently modified their holdings of the stock. Moody National Bank Trust Division purchased a new position in  Pentair in the 4th quarter worth approximately $989,000.  Geode Capital Management LLC boosted its stake in shares of  Pentair by 0.5% in the third quarter. Geode Capital Management LLC now owns 3,999,519 shares of the industrial products company's stock valued at $389,800,000 after purchasing an additional 19,853 shares during the period.  Smartleaf Asset Management LLC grew its holdings in  Pentair by 55.0% during the 4th quarter. Smartleaf Asset Management LLC now owns 809 shares of the industrial products company's stock valued at $81,000 after purchasing an additional 287 shares in the last quarter.  Stratos Wealth Partners LTD. acquired a new stake in  Pentair during the 4th quarter valued at $289,000.  Finally, Park Avenue Securities LLC increased its stake in  Pentair by 22.2% during the 4th quarter. Park Avenue Securities LLC now owns 23,712 shares of the industrial products company's stock worth $2,386,000 after buying an additional 4,308 shares during the period. Institutional investors and hedge funds own  92.37% of the company's stock. </p><h2>About Pentair</h2> (Get Free Report)<p>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.</p><h2>Further Reading</h2><ul><li>Five stocks we like better than Pentair</li><li>What is the MACD Indicator and How to Use it in Your Trading</li><li>Shares of RH Down Nearly 40%: Where Investors Can Turn To Now</li><li>How to Invest in the FAANG Stocks</li><li>Tariffs, Spin-Out, and R2 Updates Are Positive Signs for Rivian</li><li>Basic Materials Stocks Investing</li><li>Cathie Wood Loads Up on Baidu—Is It the Right Time to Buy?</li></ul><p><img src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/RatingsAndPriceTargetChart.ashx/query-UHJlZml4PU5ZU0UmU3ltYm9sPVBOUg?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" width="650" height="330" original-src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/RatingsAndPriceTargetChart.ashx/query-UHJlZml4PU5ZU0UmU3ltYm9sPVBOUg"/></p><p><em>This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.</em></p><h2>Should You Invest $1,000 in Pentair Right Now?</h2><p>Before you consider Pentair, you'll want to hear this.</p><p>MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Pentair wasn't on the list.</p><p>While Pentair currently has a Moderate Buy rating among analysts, top-rated analysts believe these five stocks are better buys.</p><p>View The Five Stocks Here</p>                  </div>

<p>Pentair (NYSE:PNR) has been downgraded by StockNews.com from a "buy" to a "hold" rating. Other analysts have also adjusted their price targets, with Stifel Nicolaus lowering it to $125.00 and Barclays to $110.00. Currently, Pentair has a consensus rating of "Moderate Buy" and a price target of $112.27. The stock traded down to $81.47, with a market cap of $13.43 billion and a P/E ratio of 21.78. Institutional investors hold 92.37% of the company's stock.</p>