JP Morgan Upgrades Pentair Outlook Amid Increased Fund Interest

On May 16, 2025, JP Morgan revised its outlook for Pentair (BRSE:PNT), raising it from Neutral to Overweight.

Fund Sentiment Overview

A total of 1,374 funds or institutions currently report positions in Pentair. This marks an increase of 43 shareholders, or 3.23%, in the last quarter. The average portfolio weight allocated to PNT across all funds is 0.19%, which reflects an increase of 8.68%. Over the past three months, total shares held by institutions rose by 0.18%, totaling 169,073K shares.

Analysis of Shareholder Activity

The Vanguard Total Stock Market Index Fund Investor Shares (VTSMX) owns 5,166K shares, representing 3.14% of Pentair. Previously, the fund reported 5,245K shares, indicating a decrease of 1.53%. Its portfolio allocation in PNT also saw a reduction of 0.11% over the last quarter.

Amundi holds 4,975K shares, accounting for 3.02% ownership. In its last filing, Amundi reported 4,380K shares, showing an increase of 11.96%. However, it decreased its portfolio allocation in PNT by 95.24% in the prior quarter.

Impax Asset Management Group retains 4,969K shares, also equating to 3.02% ownership. Its previous filing showed 5,062K shares, marking a decrease of 1.87%. Notably, the firm raised its portfolio allocation in PNT by 13.46% over the last quarter.

Pictet Asset Management Holding possesses 4,610K shares, representing 2.80% ownership. In its prior filing, it reported owning 4,691K shares, which signifies a decrease of 1.77%. Similarly, it decreased its portfolio allocation to PNT by 12.09% in the last quarter.

The Vanguard 500 Index Fund Investor Shares (VFINX) holds 4,473K shares, translating to 2.72% ownership. Previously, it reported having 4,334K shares, marking an increase of 3.10%. Its portfolio allocation in PNT increased by 0.48% over the last quarter.

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.