Monkey Research trims Pentair (PNR) price but maintains buy call


Pentair plc (NYSE:PNR) is among them Stock Kings List: Top 15 Stocks.

Monkey Research trims Pentair (PNR) price but maintains buy call
Monkey Research trims Pentair (PNR) price but maintains buy call

On March 5, analyst Scott Graham reduced the company’s price recommendation on Pentair plc (NYSE:PNR) from $135 to $130. Analysts maintained a buy rating on the stock.

In early February, Pentair announced several changes to its executive leadership team. These moves were part of a broader effort to support growth, strengthen innovation, and respond more quickly to customer needs.

Effective March 1, 2026, Adrian Chew assumed the role of CEO and Chief Strategy, Innovation and Digital Officer. The position is newly created and focuses on corporate strategy, emerging technologies, and digital transformation. Chiu previously headed Pentair Water Solutions. Damon Wiggins also expanded his responsibilities. As EVP and President of Pentair Flow, he now also oversees Pentair Water Solutions. In this role, he leads strategic initiatives in commercial water solutions, water quality management, and flow. Both segments will continue to be reported separately.

The company also confirmed the departure of two longtime executives. Steve Pella, EVP and Chief Supply Chain Officer and Chief Transformation Officer, and Phil Rolchigo, EVP and Chief Technology Officer, left the company on March 1, 2026. After their departure, Panther destroyed both posts. Supply Chain Operations now reports to incoming CFO Nick Brazil. The innovation and sustainability teams were moved under Adrian Chiu.

Pentair plc (NYSE:PNR) provides smart and sustainable water solutions for homes, businesses, and industries worldwide. The company operates through three segments: Stream, Water Solutions, and Pool.

While we acknowledge the potential of PNR as an investment, we believe that some AI stocks offer more potential and lower risk. If you’re looking for the most undervalued AI stocks that stand to benefit significantly from Trump-era tariffs and the offshore trend, check out our free report Best short-term AI stocks.

Read more: The 40 most popular stocks among hedge funds heading into 2026 And the 13 best defensive dividend stocks for 2026.

Disclosure: None. Follow the inside port on Google News.

Add Comment