Clean Energy Transition LLP Acquires 66,036 Shares of Pentair plc $PNR

Clean Energy Transition LLP boosted its holdings in shares of Pentair plc (NYSE:PNRFree Report) by 26.7% in the third quarter, HoldingsChannel reports. The firm owned 313,005 shares of the industrial products company’s stock after acquiring an additional 66,036 shares during the period. Pentair makes up 2.5% of Clean Energy Transition LLP’s portfolio, making the stock its 12th biggest position. Clean Energy Transition LLP’s holdings in Pentair were worth $34,668,000 at the end of the most recent quarter.

Other institutional investors have also recently bought and sold shares of the company. Richardson Financial Services Inc. boosted its stake in Pentair by 64.9% in the third quarter. Richardson Financial Services Inc. now owns 249 shares of the industrial products company’s stock worth $28,000 after purchasing an additional 98 shares in the last quarter. First Horizon Advisors Inc. raised its holdings in shares of Pentair by 105.4% in the second quarter. First Horizon Advisors Inc. now owns 345 shares of the industrial products company’s stock valued at $35,000 after buying an additional 177 shares during the last quarter. Root Financial Partners LLC acquired a new position in Pentair during the 3rd quarter worth about $41,000. CoreCap Advisors LLC lifted its position in Pentair by 58.8% during the 3rd quarter. CoreCap Advisors LLC now owns 405 shares of the industrial products company’s stock worth $45,000 after buying an additional 150 shares in the last quarter. Finally, CYBER HORNET ETFs LLC bought a new stake in Pentair during the 2nd quarter worth about $45,000. Institutional investors own 92.37% of the company’s stock.

Insider Activity

In related news, Director Michael T. Speetzen sold 7,000 shares of Pentair stock in a transaction that occurred on Wednesday, February 11th. The shares were sold at an average price of $99.99, for a total transaction of $699,930.00. Following the transaction, the director owned 8,290 shares of the company’s stock, valued at $828,917.10. This trade represents a 45.78% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. Also, Director T Michael Glenn sold 6,558 shares of the company’s stock in a transaction that occurred on Monday, December 1st. The shares were sold at an average price of $104.33, for a total transaction of $684,196.14. Following the completion of the sale, the director directly owned 31,192 shares of the company’s stock, valued at $3,254,261.36. The trade was a 17.37% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 20,051 shares of company stock valued at $2,054,334 in the last ninety days. 1.10% of the stock is owned by insiders.

Pentair Price Performance

PNR opened at $99.02 on Friday. The company has a fifty day moving average price of $103.11 and a two-hundred day moving average price of $106.08. The firm has a market capitalization of $16.16 billion, a PE ratio of 25.01, a P/E/G ratio of 1.76 and a beta of 1.22. Pentair plc has a 52 week low of $74.25 and a 52 week high of $113.95. The company has a debt-to-equity ratio of 0.42, a quick ratio of 0.95 and a current ratio of 1.61.

Pentair (NYSE:PNRGet Free Report) last posted its quarterly earnings results on Tuesday, February 3rd. The industrial products company reported $1.18 earnings per share for the quarter, beating analysts’ consensus estimates of $1.17 by $0.01. Pentair had a return on equity of 21.79% and a net margin of 15.66%.The company had revenue of $1.02 billion for the quarter, compared to the consensus estimate of $1.01 billion. During the same quarter in the prior year, the business posted $1.08 EPS. The firm’s quarterly revenue was up 4.9% on a year-over-year basis. 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, analysts anticipate that Pentair plc will post 4.77 earnings per share for the current year.

Pentair Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Friday, May 1st. Stockholders of record on Friday, April 17th will be given a dividend of $0.27 per share. This represents a $1.08 annualized dividend and a dividend yield of 1.1%. The ex-dividend date is Friday, April 17th. Pentair’s payout ratio is presently 27.27%.

Wall Street Analysts Forecast Growth

PNR has been the subject of a number of research analyst reports. Barclays set a $102.00 target price on shares of Pentair in a research note on Thursday, February 5th. Robert W. Baird set a $117.00 price target on shares of Pentair in a report on Wednesday, February 4th. Royal Bank Of Canada set a $117.00 price objective on shares of Pentair in a research report on Wednesday, February 4th. Citigroup decreased their price objective on Pentair from $126.00 to $120.00 and set a “buy” rating on the stock in a research report on Wednesday, February 4th. Finally, Wolfe Research reissued an “outperform” rating and issued a $135.00 target price on shares of Pentair in a research note on Tuesday, December 9th. Ten research analysts have rated the stock with a Buy rating, three have issued a Hold rating and three have assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Hold” and an average target price of $114.47.

Read Our Latest Stock Report on Pentair

Pentair Company Profile

(Free Report)

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.

See Also

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Institutional Ownership by Quarter for Pentair (NYSE:PNR)

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