Pentair plc (NYSE: PNR) is 48.62% higher on its value in year-to-date trading and has touched a low of $65.31 and a high of $110.71 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 $108.76 in the last trading session, with the day’s loss setting it -0.7%.
Currently trading at $108.06, the stock is 1.35% and 6.38% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 0.94 million and changing -0.64% at the moment leaves the stock 24.00% off its SMA200. PNR registered 65.28% gain for a year compared to 6-month gain of 37.92%. The firm has a 50-day simple moving average (SMA 50) of $101.3506 and a 200-day simple moving average (SMA200) of $86.9776.
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The stock witnessed a 5.64% loss in the last 1 month and extending the period to 3 months gives it a 26.95%, and is -0.83% down 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 1.23% over the week and 1.84% over the month.
Pentair plc (PNR) has around 10500 employees, a market worth around $17.85B and $4.09B in sales. Current P/E ratio is 27.06 and Fwd P/E is 22.25. Profit margin for the company is 16.29%. Distance from 52-week low is 65.47% and -2.39% 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 14.03% this year
1035.0 institutions hold shares in Pentair plc (PNR), with institutional investors hold 95.66% of the company’s shares. The shares outstanding are 165.20M, and float is at 164.34M with Short Float at 1.47%. Institutions hold 95.07% 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 GLENN T MICHAEL, the company’s Director. SEC filings show that GLENN T MICHAEL sold 4,008 shares of the company’s common stock on Dec 02 ’24 at a price of $109.14 per share for a total of $0.44 million. Following the sale, the insider now owns 29895.0 shares.
Still, SEC filings show that on Nov 01 ’24, Rolchigo Philip M. (EVP & Chief Technology Officer) disposed off 3,588 shares at an average price of $99.67 for $0.36 million. The insider now directly holds 19,232 shares of Pentair plc (PNR).
