Is there a Bearish outlook for Pentair plc (NYSE:PNR) this week?

April 22, 2018 - By Migdalia James

Pentair plc (NYSE:PNR) LogoInvestors sentiment increased to 1.18 in 2017 Q4. Its up 0.14, from 1.04 in 2017Q3. It is positive, as 31 investors sold Pentair plc shares while 139 reduced holdings. 66 funds opened positions while 134 raised stakes. 154.07 million shares or 1.95% more from 151.12 million shares in 2017Q3 were reported.
Walleye Trading Lc reported 1,529 shares or 0% of all its holdings. Princeton Strategies Ltd Limited Liability Company stated it has 24,565 shares. 39 were reported by Tarbox Family Office Inc. Mairs & Inc has invested 2.12% of its portfolio in Pentair plc (NYSE:PNR). Johnson Fincl Grp Inc Incorporated invested in 22 shares or 0% of the stock. The Illinois-based Blair William Il has invested 0.04% in Pentair plc (NYSE:PNR). State Of Tennessee Treasury Department has invested 0.02% of its portfolio in Pentair plc (NYSE:PNR). Goldman Sachs Group owns 0.01% invested in Pentair plc (NYSE:PNR) for 784,119 shares. First Republic Invest Management Incorporated reported 6,668 shares stake. Sei Invs reported 0.06% in Pentair plc (NYSE:PNR). Moreover, Parkside State Bank has 0% invested in Pentair plc (NYSE:PNR). Whittier Tru Com invested 0% in Pentair plc (NYSE:PNR). Tower Research Limited Liability Corp (Trc) reported 1,058 shares. Caisse De Depot Et Placement Du Quebec invested in 0.01% or 47,049 shares. Marble Harbor Counsel Ltd Co reported 0.06% stake.

Since January 3, 2018, it had 0 insider buys, and 2 selling transactions for $7.32 million activity. Stauch John L also sold $168,166 worth of Pentair plc (NYSE:PNR) on Wednesday, January 3.

Pentair plc (NYSE:PNR) Ratings Coverage

Among 9 analysts covering Pentair (NYSE:PNR), 2 have Buy rating, 2 Sell and 5 Hold. Therefore 22% are positive. Pentair had 19 analyst reports since October 24, 2017 according to SRatingsIntel. The stock has “Hold” rating by UBS on Monday, April 2. The stock of Pentair plc (NYSE:PNR) earned “Sell” rating by Cowen & Co on Thursday, January 25. The rating was maintained by Stifel Nicolaus on Monday, April 16 with “Hold”. Robert W. Baird maintained it with “Hold” rating and $7600 target in Wednesday, April 4 report. The rating was maintained by KeyBanc Capital Markets on Tuesday, October 24 with “Buy”. The rating was maintained by Robert W. Baird with “Hold” on Tuesday, January 30. The company was maintained on Tuesday, October 24 by Robert W. Baird. The stock of Pentair plc (NYSE:PNR) has “Overweight” rating given on Wednesday, January 31 by KeyBanc Capital Markets. As per Wednesday, October 25, the company rating was maintained by Stifel Nicolaus. Robert W. Baird maintained it with “Hold” rating and $7500 target in Thursday, April 19 report. Below is a list of Pentair plc (NYSE:PNR) latest ratings and price target changes.

19/04/2018 Broker: Robert W. Baird Rating: Hold New Target: $75.0000 Maintain
16/04/2018 Broker: Stifel Nicolaus Old Rating: Hold New Rating: Hold Old Target: $78 New Target: $77 Maintain
04/04/2018 Broker: Robert W. Baird Rating: Hold New Target: $76.0000 Maintain
02/04/2018 Broker: UBS Rating: Hold New Target: $73.0000 Upgrade
15/02/2018 Broker: Barclays Capital Rating: Underweight New Target: $66 Initiates Coverage On
14/02/2018 Broker: BMO Capital Markets Old Rating: Market Perform New Rating: Market Perform Old Target: $80 New Target: $78 Maintain
31/01/2018 Broker: Stifel Nicolaus Rating: Hold New Target: $78.0 Maintain
30/01/2018 Broker: RBC Capital Markets Rating: Buy New Target: $79.0 Maintain
30/01/2018 Broker: Robert W. Baird Rating: Hold New Target: $78.0 Maintain
31/01/2018 Broker: KeyBanc Capital Markets Old Rating: Overweight New Rating: Overweight Old Target: $80 New Target: $85 Maintain

The stock decreased 0.97% or $0.69 during the last trading session, reaching $70.45. About 1.47 million shares traded or 26.24% up from the average. Pentair plc (NYSE:PNR) has risen 11.82% since April 22, 2017 and is uptrending. It has outperformed by 0.27% the S&P500.

Pentair plc operates as a diversified industrial manufacturing firm in the United States, Europe, and internationally. The company has market cap of $12.56 billion. The firm operates through two divisions, Water and Electrical. It has a 19.43 P/E ratio. The Water segment designs, makes, and services products and solutions to meet filtration, separation, flow, and water management challenges in agriculture, aquaculture, foodservice, food and beverage processing, swimming pools, water supply and disposal, and various industrial applications.

Pentair plc (NYSE:PNR) Ratings Chart

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.