Pentair plc $PNR Shares Sold by Lighthouse Investment Partners LLC

Lighthouse Investment Partners LLC trimmed its position in Pentair plc (NYSE:PNR) by 42.4% during the third quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 38,893 shares of the industrial products company’s stock after selling 28,687 shares during the quarter. Lighthouse Investment Partners LLC’s holdings in Pentair were worth $4,308,000 at the end of the most recent reporting period.

Other institutional investors have also modified their holdings of the company. State Street Corp increased its holdings in Pentair by 5.9% in the second quarter. State Street Corp now owns 8,970,940 shares of the industrial products company’s stock valued at $920,957,000 after buying an additional 501,506 shares during the last quarter. Ameriprise Financial Inc. lifted its holdings in Pentair by 106.7% during the 3rd quarter. Ameriprise Financial Inc. now owns 3,236,826 shares of the industrial products company’s stock worth $358,521,000 after buying an additional 1,670,944 shares during the last quarter. Nordea Investment Management AB lifted its holdings in Pentair by 173.6% during the 3rd quarter. Nordea Investment Management AB now owns 2,837,753 shares of the industrial products company’s stock worth $311,046,000 after buying an additional 1,800,669 shares during the last quarter. Massachusetts Financial Services Co. MA boosted its position in shares of 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 worth $258,479,000 after acquiring an additional 149,858 shares in the last quarter. Finally, AQR Capital Management LLC increased its holdings in shares of Pentair by 43.0% in the 3rd quarter. AQR Capital Management LLC now owns 1,472,500 shares of the industrial products company’s stock valued at $161,754,000 after acquiring an additional 442,534 shares during the last quarter. 92.37% of the stock is owned by hedge funds and other institutional investors.

Insider Transactions at Pentair

In related news, Director Michael T. Speetzen sold 7,000 shares of the business’s stock in a transaction dated Wednesday, February 11th. The stock was sold at an average price of $99.99, for a total value of $699,930.00. Following the transaction, the director owned 8,290 shares in the company, valued at $828,917.10. The trade was a 45.78% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available at the SEC website. Also, EVP Philip M. Rolchigo sold 6,493 shares of the company’s stock in a transaction that occurred on Wednesday, February 25th. The shares were sold at an average price of $103.22, for a total value of $670,207.46. Following the sale, the executive vice president directly owned 29,096 shares of the company’s stock, valued at approximately $3,003,289.12. This represents a 18.24% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. 1.45% of the stock is currently owned by corporate insiders.

Pentair Price Performance

PNR stock opened at $88.77 on Tuesday. The company has a current ratio of 1.61, a quick ratio of 0.95 and a debt-to-equity ratio of 0.42. The company has a market capitalization of $14.49 billion, a P/E ratio of 22.42, a PEG ratio of 1.56 and a beta of 1.23. The business has a 50 day simple moving average of $100.39 and a 200-day simple moving average of $104.94. Pentair plc has a twelve month low of $74.25 and a twelve month high of $113.95.

Pentair (NYSE:PNR) last announced its earnings results on Tuesday, February 3rd. The industrial products company reported $1.18 EPS for the quarter, beating analysts’ consensus estimates of $1.17 by $0.01. Pentair had a net margin of 15.66% and a return on equity of 21.79%. The business had revenue of $1.02 billion for the quarter, compared to analysts’ expectations of $1.01 billion. During the same period in the previous year, the company posted $1.08 EPS. The company’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, equities analysts anticipate that Pentair plc will post 4.77 EPS for the current year.

Pentair Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Friday, May 1st. Stockholders of record on Friday, April 17th will be issued a $0.27 dividend. This represents a $1.08 dividend on an annualized basis and a dividend yield of 1.2%. The ex-dividend date of this dividend is Friday, April 17th. Pentair’s dividend payout ratio is presently 27.27%.

Analyst Upgrades and Downgrades

Several brokerages have recently weighed in on PNR. Barclays set a $102.00 target price on Pentair in a research report on Thursday, February 5th. TD Cowen cut shares of Pentair from a “buy” rating to a “market perform” rating in a report on Monday, January 5th. JPMorgan Chase & Co. reduced their price objective on shares of Pentair from $132.00 to $124.00 and set an “overweight” rating for the company in a research report on Friday, January 16th. Oppenheimer reaffirmed an “outperform” rating and issued a $122.00 target price (down from $128.00) on shares of Pentair in a research report on Wednesday, February 4th. Finally, Jefferies Financial Group reiterated a “hold” rating on shares of Pentair in a research note on Wednesday, February 4th. Ten equities research analysts have rated the stock with a Buy rating, three have given a Hold rating and three have given a Sell rating to the company. Based on data from MarketBeat, the stock currently has a consensus 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.