Pentair plc (NYSE: PNR) is 46.22% higher on its value in year-to-date trading and has touched a low of $60.38 and a high of $107.32 in the current 52-week trading range. The question becomes, what are the chances the stock will continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The PNR stock was last observed hovering at around $104.08 in the last trading session, with the day’s gains setting it 2.24%.
Currently trading at $106.32, the stock is 5.55% and 9.75% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.36 million and changing 2.15% at the moment leaves the stock 25.57% off its SMA200. PNR registered 75.76% gain for a year compared to 6-month gain of 24.96%. The firm has a 50-day simple moving average (SMA 50) of $96.874 and a 200-day simple moving average (SMA200) of $84.6719.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
The stock witnessed a 7.95% loss in the last 1 month and extending the period to 3 months gives it a 25.47%, and is 3.32% up over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 1.98% over the week and 2.22% over the month.
Pentair plc (PNR) has around 10500 employees, a market worth around $17.57B and $4.09B in sales. Current P/E ratio is 26.62 and Fwd P/E is 21.90. Profit margin for the company is 16.29%. Distance from 52-week low is 76.08% and -0.93% from its 52-week high. The company has generated returns on investments over the last 12 months (12.79%).
The EPS is expected to grow by 14.02% this year
1022.0 institutions hold shares in Pentair plc (PNR), with institutional investors hold 97.86% of the company’s shares. The shares outstanding are 165.30M, and float is at 164.34M with Short Float at 1.92%. Institutions hold 97.25% of the Float.
The top institutional shareholder in the company is VANGUARD GROUP INC with over 20.03 million shares valued at $1.54 billion. The investor’s holdings represent 12.0884 of the PNR Shares outstanding. As of 2024-06-30, the second largest holder is BLACKROCK INC. with 15.62 million shares valued at $1.2 billion to account for 9.4286 of the shares outstanding. The other top investors are IMPAX ASSET MANAGEMENT GROUP PLC which holds 8.88 million shares representing 5.3618 and valued at over $679.91 million, while STATE STREET CORP holds 5.1274 of the shares totaling 8.5 million with a market value of $651.4 million.
Pentair plc (PNR) Insider Activity
The most recent transaction is an insider sale by Rolchigo Philip M., the company’s EVP & Chief Technology Officer. SEC filings show that Rolchigo Philip M. sold 3,588 shares of the company’s common stock on Nov 01 ’24 at a price of $99.67 per share for a total of $0.36 million. Following the sale, the insider now owns 19232.0 shares.
Still, SEC filings show that on Jul 31 ’24, JONES DAVID A /WI (Director) disposed off 2,004 shares at an average price of $89.00 for $0.18 million. The insider now directly holds 25,016 shares of Pentair plc (PNR).
