Michael Speetzen Sells 7,000 Shares of Pentair (NYSE:PNR) Stock

Pentair plc (NYSE:PNR) Director Michael Speetzen sold 7,000 shares of the company’s stock in a transaction that occurred on Wednesday, February 11th. The stock was sold at an average price of $99.99, for a total transaction of $699,930.00. Following the sale, the director directly owned 8,290 shares in the company, valued at approximately $828,917.10. The trade was a 45.78% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website.

Pentair Stock Down 0.7%

PNR stock traded down $0.75 during midday trading on Thursday, hitting $99.77. The company’s stock had a trading volume of 1,881,589 shares, compared to its average volume of 2,120,265. The firm has a 50-day simple moving average of $103.93 and a 200-day simple moving average of $106.22. The firm has a market capitalization of $16.33 billion, a P/E ratio of 25.19, a PEG ratio of 1.75 and a beta of 1.22. The company has a quick ratio of 0.95, a current ratio of 1.61 and a debt-to-equity ratio of 0.42. Pentair plc has a 52-week low of $74.25 and a 52-week high of $113.95.

Pentair (NYSE:PNR) last announced its quarterly earnings data on Tuesday, February 3rd. The industrial products company reported $1.18 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.17 by $0.01. Pentair had a return on equity of 21.79% and a net margin of 15.66%.During the same period in the previous year, the company earned $1.08 EPS. The business’s revenue was up 4.9% compared to the same quarter last year. Pentair has set its FY 2026 guidance at 5.250-5.400 EPS and its Q1 2026 guidance at 1.150-1.180 EPS. As a group, equities analysts forecast that Pentair plc will post 4.77 EPS for the current year.

Pentair Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, February 6th. Stockholders of record on Friday, January 23rd were given a dividend of $0.27 per share. This is a boost from Pentair’s previous quarterly dividend of $0.25. This represents a $1.08 dividend on an annualized basis and a dividend yield of 1.1%. The ex-dividend date of this dividend was Friday, January 23rd. Pentair’s dividend payout ratio is presently 27.27%.

Institutional Trading of Pentair

Large investors have recently made changes to their positions in the company. Nordea Investment Management AB raised its holdings in shares of Pentair by 173.6% in the third quarter. Nordea Investment Management AB now owns 2,837,753 shares of the industrial products company’s stock valued at $311,046,000 after buying an additional 1,800,669 shares during the last quarter. IMC Chicago LLC acquired a new position in Pentair in the 3rd quarter valued at about $1,635,000. Truist Financial Corp increased its position in Pentair by 287.4% in the 3rd quarter. Truist Financial Corp now owns 58,548 shares of the industrial products company’s stock valued at $6,485,000 after acquiring an additional 43,433 shares during the period. Massachusetts Financial Services Co. MA raised its stake in Pentair by 6.9% during the 3rd quarter. Massachusetts Financial Services Co. MA now owns 2,333,689 shares of the industrial products company’s stock valued at $258,479,000 after acquiring an additional 149,858 shares during the last quarter. Finally, Bank of New York Mellon Corp lifted its position in Pentair by 0.8% during the 3rd quarter. Bank of New York Mellon Corp now owns 973,268 shares of the industrial products company’s stock worth $107,799,000 after acquiring an additional 8,063 shares during the period. 92.37% of the stock is owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

A number of research analysts recently issued reports on PNR shares. TD Cowen downgraded shares of Pentair from a “buy” rating to a “market perform” rating in a research note on Monday, January 5th. Royal Bank Of Canada set a $117.00 price objective on shares of Pentair in a research report on Wednesday, February 4th. Barclays set a $102.00 target price on Pentair in a report on Thursday, February 5th. Wall Street Zen raised Pentair from a “hold” rating to a “buy” rating in a report on Sunday, January 18th. Finally, Jefferies Financial Group reiterated a “hold” rating on shares of Pentair in a report on Wednesday, February 4th. Ten analysts have rated the stock with a Buy rating, three have given a Hold rating and three have issued a Sell rating to the stock. Based on data from MarketBeat, the company has an average rating of “Hold” and an average target price of $114.47.

Pentair Company Profile

Pentair plc (NYSE: PNR) is a global provider of water treatment and fluid management solutions. The company designs, manufactures and sells a broad range of products that move, treat, monitor and control the flow of water and other fluids across residential, commercial, industrial and municipal markets. Pentair’s offerings are focused on improving water quality, conserving resources and enabling efficient fluid handling in applications from household water systems and pools to large-scale industrial and municipal installations.

Product lines include pumps and pumping systems, water filtration and purification equipment, valves and controls, heat exchangers, pool and spa systems, and a range of aftermarket parts and services.