Wealth Enhancement Advisory Services LLC Cuts Holdings in Pentair plc $PNR

Wealth Enhancement Advisory Services LLC reduced its position in Pentair plc (NYSE:PNR) by 30.2% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 62,858 shares of the industrial products company’s stock after selling 27,157 shares during the period. Wealth Enhancement Advisory Services LLC’s holdings in Pentair were worth $6,567,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Wexford Capital LP bought a new stake in Pentair in the 3rd quarter worth approximately $26,000. Richardson Financial Services Inc. boosted its position in shares of Pentair by 64.9% during the 3rd quarter. Richardson Financial Services Inc. now owns 249 shares of the industrial products company’s stock valued at $28,000 after acquiring an additional 98 shares during the last quarter. Root Financial Partners LLC purchased a new position in shares of Pentair in the third quarter valued at $41,000. CYBER HORNET ETFs LLC bought a new stake in Pentair in the second quarter worth $45,000. Finally, CoreCap Advisors LLC raised its stake in Pentair by 58.8% during the third 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 in the last quarter. 92.37% of the stock is owned by institutional investors.

Pentair Trading Down 1.1%

PNR stock opened at $84.97 on Friday. Pentair plc has a twelve month low of $74.25 and a twelve month high of $113.95. The stock has a market capitalization of $13.73 billion, a price-to-earnings ratio of 21.46, a price-to-earnings-growth ratio of 1.50 and a beta of 1.23. The company has a quick ratio of 0.95, a current ratio of 1.61 and a debt-to-equity ratio of 0.42. The firm’s fifty day simple moving average is $97.43 and its two-hundred day simple moving average is $103.63.

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

Pentair Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Friday, May 1st. Shareholders 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 1.3%. The ex-dividend date is Friday, April 17th. Pentair’s payout ratio is 27.27%.

Wall Street Analyst Weigh In

PNR has been the subject of a number of recent research reports. Weiss Ratings reissued a “buy (b-)” rating on shares of Pentair in a research note on Thursday, January 22nd. Royal Bank Of Canada set a $117.00 target price on shares of Pentair in a research report on Wednesday, February 4th. Oppenheimer reaffirmed an “outperform” rating and issued a $122.00 price target (down from $128.00) on shares of Pentair in a report on Wednesday, February 4th. Citigroup dropped their price target on Pentair from $126.00 to $120.00 and set a “buy” rating for the company in a research report on Wednesday, February 4th. Finally, TD Cowen cut Pentair from a “buy” rating to a “market perform” rating in a research note on Monday, January 5th. Ten investment analysts have rated the stock with a Buy rating, three have given a Hold rating and three have issued a Sell rating to the company’s stock. According to MarketBeat, the stock has an average rating of “Hold” and an average price target of $114.47.

Insider Buying and Selling

In other news, Director Michael T. Speetzen sold 7,000 shares of the stock in a transaction that occurred on Wednesday, February 11th. The stock was sold at an average price of $99.99, for a total value of $699,930.00. Following the sale, the director directly owned 8,290 shares in the company, valued at approximately $828,917.10. This represents a 45.78% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, EVP Philip M. Rolchigo sold 6,493 shares of the firm’s stock in a transaction that occurred 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 sale, the executive vice president directly owned 29,096 shares of the company’s stock, valued at $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. Corporate insiders own 1.10% of the company’s stock.

Pentair 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.