Is Pentair Stock Outperforming the Nasdaq?

London, U.K.-based Pentair plc (PNR) is a water treatment company, providing various water solutions, operating through Flow, Water Solutions, and Pool segments. With a market cap of $16 billion, Pentair delivers a range of smart and sustainable water solutions to homes, businesses, and industries, enabling its customers to access clean water, reduce water consumption, as well as recover and reuse it.

Companies worth $10 billion or more are generally described as "large-cap stocks." Pentair fits right into that category, with its market cap exceeding this threshold, reflecting its substantial size, influence, and dominance in the water treatment space.

Pentair currently trades 10.1% below its all-time high of $110.71 recorded on Nov. 27, 2024. PNR's stock has gained 13.9% over the past three months, surpassing the Nasdaq Composite’s ($NASX) 10.4% uptick during the same time frame.

In the long term, Pentair stock has declined 1.1% on a YTD basis, underperforming the Nasdaq, which has increased 1.7%. However, shares of PNR soared 25.3% over the past 52 weeks, notably outperforming NASX’s 11% returns over the same period.

PNR’s stock climbed above its 50-day moving average in late April. Also, the stock has been trading mostly above its 200-day moving average since early May.

Pentair’s stock jumped 9.2% following the release of its strong Q1 2025 results on Apr. 22. The company reported sales of $1 billion, down 67 bps year-over-year, with declines in the Water Solutions and Flow segments. Despite the modest top-line contraction, adjusted EPS rose 18.1% from the prior-year quarter to $1.11, surpassing analysts’ expectations by 9.9%. This robust earnings growth was attributed to the company’s continued operational execution, strategic transformation initiatives, and 80/20 actions that enhanced agility across its balanced water portfolio. To mitigate the impact of tariffs, Pentair has taken proactive measures, including implementing price increases, pre-buying inventory, and capping orders to better manage its supply chain.

Compared to its peer, Ingersoll Rand Inc. (IR) has notably lagged behind the PNR stock. IR stock has dropped 9.4% on a YTD basis and has fallen 11.8% over the past 52 weeks.

Among the 19 analysts covering the PNR stock, the consensus rating is a “Strong Buy.” Its mean price target of $106.67 suggests a 7.1% upside potential from current price levels.