Pentwater Capital Management Adds $9M in Forgent Power Solutions, Inc. ($FPS)
Key Points
- Wall Street's consensus rating on $FPS is Strong Buy and an average price target of $58.30.
- $FPS last traded around $59.04.
Pentwater Capital Management acquired a new position in Forgent Power Solutions, Inc. ($FPS), according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 160,000 shares of Forgent Power Solutions, Inc.. Pentwater Capital Management's holdings in Forgent Power Solutions, Inc. were worth $9.45 million as of its most recent filing.
Forgent Power Solutions, Inc. ($FPS) Stock
Forgent Power Solutions, Inc. Earnings
Analysts Set New Price Targets
About Forgent Power Solutions, Inc.
Forgent Power Solutions, Inc. designs and manufactures electrical distribution equipment used in data centers, the power grid and energy-intensive industrial facilities. The company's products include automatic transfer switches (ATS), gear eHouses, generator connection cabinets, low voltage switchgear, low voltage transformers, medium voltage switchgear, medium voltage VPI transformers, padmount transformers, panelboards, paralleling switchgear, PDU transformers, power distribution units, power skids, remote power panels, substation transformers, switchboards, tap boxes, and UPS eHouses. It also provides maintenance, testing, repair, modernization, start-up and commissioning and aftermarket retrofit services. It serves technology, power, utility and industrial companies. The company was founded in 2023 and is based in Dayton, Minnesota.
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