Aviva PLC Lowers Holdings in Pentair plc $PNR

Aviva PLC lowered its holdings in shares of Pentair plc (NYSE:PNR) by 40.4% in the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 269,720 shares of the industrial products company’s stock after selling 183,046 shares during the quarter. Aviva PLC owned approximately 0.16% of Pentair worth $27,689,000 at the end of the most recent reporting period.

A number of other large investors also recently added to or reduced their stakes in PNR. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC lifted its holdings in shares of Pentair by 19.1% in the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 4,129,805 shares of the industrial products company’s stock valued at $361,275,000 after acquiring an additional 661,154 shares during the last quarter. Chicago Partners Investment Group LLC bought a new stake in shares of Pentair in the 2nd quarter valued at approximately $336,000. Nordea Investment Management AB boosted its holdings in shares of Pentair by 52.4% in the 2nd quarter. Nordea Investment Management AB now owns 1,037,084 shares of the industrial products company’s stock worth $106,146,000 after purchasing an additional 356,775 shares during the period. New York Life Investment Management LLC increased its position in shares of Pentair by 1.1% during the 2nd quarter. New York Life Investment Management LLC now owns 22,862 shares of the industrial products company’s stock valued at $2,347,000 after purchasing an additional 240 shares during the last quarter. Finally, Thurston Springer Miller Herd & Titak Inc. raised its holdings in Pentair by 24.7% during the 2nd quarter. Thurston Springer Miller Herd & Titak Inc. now owns 14,690 shares of the industrial products company’s stock valued at $1,508,000 after buying an additional 2,913 shares during the period. 92.37% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

Several research firms have commented on PNR. Robert W. Baird set a $130.00 price objective on shares of Pentair in a research note on Wednesday, October 22nd. Mizuho lifted their price target on shares of Pentair from $118.00 to $122.00 and gave the stock an “outperform” rating in a research note on Wednesday, July 23rd. TD Cowen lowered shares of Pentair from a “buy” rating to a “hold” rating and reduced their price objective for the stock from $115.00 to $110.00 in a research report on Wednesday, July 23rd. Royal Bank Of Canada raised their price objective on shares of Pentair from $121.00 to $124.00 and gave the stock an “outperform” rating in a research note on Wednesday, October 22nd. Finally, UBS Group increased their price target on Pentair from $120.00 to $124.00 and gave the stock a “buy” rating in a report on Wednesday, October 22nd. Two research analysts have rated the stock with a Strong Buy rating, eleven have assigned a Buy rating, three have assigned a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, Pentair currently has an average rating of “Moderate Buy” and a consensus target price of $119.93.

Pentair Stock Performance

Shares of Pentair stock opened at $107.19 on Monday. The company has a market capitalization of $17.54 billion, a PE ratio of 27.21, a P/E/G ratio of 2.00 and a beta of 1.14. The company has a 50-day simple moving average of $109.45 and a two-hundred day simple moving average of $104.03. Pentair plc has a one year low of $74.25 and a one year high of $113.95. The company has a debt-to-equity ratio of 0.42, a quick ratio of 0.82 and a current ratio of 1.46.

Pentair (NYSE:PNR) last issued its quarterly earnings data on Tuesday, October 21st. The industrial products company reported $1.24 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.18 by $0.06. The firm had revenue of $1.02 billion for the quarter, compared to the consensus estimate of $1 billion. Pentair had a net margin of 15.84% and a return on equity of 21.83%. The company’s quarterly revenue was up 2.9% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $1.09 EPS. Pentair has set its Q4 2025 guidance at 1.110-1.160 EPS. FY 2025 guidance at 4.850-4.900 EPS. Research analysts expect that Pentair plc will post 4.77 EPS for the current fiscal year.

Pentair Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Friday, November 7th. Stockholders of record on Friday, October 24th were issued a dividend of $0.25 per share. This represents a $1.00 annualized dividend and a dividend yield of 0.9%. The ex-dividend date was Friday, October 24th. Pentair’s dividend payout ratio is currently 25.38%.

Pentair Profile

Pentair plc provides various water solutions in the United States, Western Europe, China, Eastern Europe, Latin America, the Middle East, Southeast Asia, Australia, Canada, and Japan. The company operates through three segments: Flow, Water Solutions, and Pool. The Flow segment designs, manufactures, and sells fluid treatment and pump products and systems, including pressure vessels, gas recovery solutions, membrane bioreactors, wastewater reuse systems and advanced membrane filtration, separation systems, water disposal pumps, water supply pumps, fluid transfer pumps, turbine pumps, solid handling pumps, and agricultural spray nozzles for fluid delivery, ion exchange, desalination, food and beverage, separation technologies in the oil and gas industry, residential and municipal wells, water treatment, wastewater solids handling, pressure boosting, circulation and transfer, fire suppression, flood control, agricultural irrigation, and crop spray in residential, commercial, and industrial markets.