Pentair plc $PNR Shares Sold by Zuckerman Investment Group LLC

Zuckerman Investment Group LLC cut its stake in Pentair plc (NYSE:PNRFree Report) by 4.7% in the third quarter, Holdings Channel.com reports. The fund owned 231,506 shares of the industrial products company’s stock after selling 11,331 shares during the quarter. Pentair comprises about 2.4% of Zuckerman Investment Group LLC’s portfolio, making the stock its 13th largest holding. Zuckerman Investment Group LLC’s holdings in Pentair were worth $25,642,000 at the end of the most recent reporting period.

Other large investors also recently bought and sold shares of the company. Richardson Financial Services Inc. grew its holdings in shares of Pentair by 64.9% during 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 during the last quarter. Root Financial Partners LLC purchased a new stake in shares of Pentair in the 3rd quarter valued at about $41,000. CoreCap Advisors LLC lifted its holdings in shares of Pentair by 58.8% in the 3rd quarter. CoreCap Advisors LLC now owns 405 shares of the industrial products company’s stock valued at $45,000 after purchasing an additional 150 shares during the last quarter. CYBER HORNET ETFs LLC acquired a new stake in shares of Pentair in the 2nd quarter valued at about $45,000. Finally, Clearstead Advisors LLC grew its stake in Pentair by 86.4% during the 3rd quarter. Clearstead Advisors LLC now owns 440 shares of the industrial products company’s stock worth $49,000 after buying an additional 204 shares during the last quarter. Institutional investors and hedge funds own 92.37% of the company’s stock.

Analysts Set New Price Targets

Several research firms have commented on PNR. Jefferies Financial Group reaffirmed a “hold” rating on shares of Pentair in a research report on Wednesday, February 4th. BNP Paribas Exane lowered shares of Pentair from a “hold” rating to a “strong sell” rating and set a $90.00 target price on the stock. in a research report on Wednesday, January 7th. Citigroup cut their target price on shares of Pentair from $126.00 to $120.00 and set a “buy” rating on the stock in a report on Wednesday, February 4th. Weiss Ratings reiterated a “buy (b-)” rating on shares of Pentair in a research report on Thursday, January 22nd. Finally, Oppenheimer reiterated an “outperform” rating and set a $122.00 price target (down from $128.00) on shares of Pentair in a research note on Wednesday, February 4th. Ten research analysts have rated the stock with a Buy rating, three have issued a Hold rating and three have issued a Sell rating to the stock. According to data from MarketBeat.com, Pentair presently has a consensus rating of “Hold” and a consensus target price of $114.47.

View Our Latest Report on PNR

Insider Activity at Pentair

In other Pentair news, Director Michael T. Speetzen sold 7,000 shares of the firm’s stock in a transaction 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 completion of the transaction, the director owned 8,290 shares of the company’s stock, valued at approximately $828,917.10. This trade represents a 45.78% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through this link. Also, EVP Philip M. Rolchigo sold 6,493 shares of the business’s stock in a transaction on Wednesday, February 25th. The stock was sold at an average price of $103.22, for a total value of $670,207.46. Following the completion of the transaction, the executive vice president directly owned 29,096 shares of the company’s stock, valued at approximately $3,003,289.12. This trade represents a 18.24% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders own 1.10% of the company’s stock.

Pentair Price Performance

Pentair stock opened at $88.28 on Friday. The firm has a market capitalization of $14.41 billion, a PE ratio of 22.29, a P/E/G ratio of 1.56 and a beta of 1.23. Pentair plc has a 52 week low of $74.25 and a 52 week high of $113.95. The firm’s 50-day simple moving average is $100.67 and its 200 day simple moving average is $105.14. 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 (NYSE:PNRGet Free Report) last posted its earnings results on Tuesday, February 3rd. The industrial products company reported $1.18 earnings per share for the quarter, beating the consensus estimate of $1.17 by $0.01. The firm had revenue of $1.02 billion during the quarter, compared to the consensus estimate of $1.01 billion. Pentair had a net margin of 15.66% and a return on equity of 21.79%. The firm’s revenue for the quarter was up 4.9% on a year-over-year basis. During the same period last year, the firm posted $1.08 EPS. Pentair has set its FY 2026 guidance at 5.250-5.400 EPS and its Q1 2026 guidance at 1.150-1.180 EPS. On average, equities research analysts predict that Pentair plc will post 4.77 EPS for the current fiscal year.

Pentair Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Friday, May 1st. Investors 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 1.2%. The ex-dividend date is Friday, April 17th. Pentair’s payout ratio is currently 27.27%.

About Pentair

(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.

Further Reading

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Institutional Ownership by Quarter for Pentair (NYSE:PNR)

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