Bessemer Group Inc. boosted its position in shares of Pentair plc (NYSE:PNR – Free Report) by 3.0% during the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 1,230,727 shares of the industrial products company’s stock after acquiring an additional 36,063 shares during the period. Bessemer Group Inc. owned 0.75% of Pentair worth $136,315,000 at the end of the most recent quarter.
A number of other hedge funds have also modified their holdings of PNR. State Street Corp boosted its holdings in Pentair by 5.9% in the 2nd quarter. State Street Corp now owns 8,970,940 shares of the industrial products company’s stock worth $920,957,000 after buying an additional 501,506 shares during the period. Nordea Investment Management AB lifted its position in shares of Pentair by 173.6% in the third quarter. Nordea Investment Management AB now owns 2,837,753 shares of the industrial products company’s stock valued at $311,046,000 after acquiring an additional 1,800,669 shares in the last quarter. Massachusetts Financial Services Co. MA boosted its stake in shares of Pentair by 6.9% in the third 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 during the period. ProShare Advisors LLC grew its position in shares of Pentair by 9.5% during the second quarter. ProShare Advisors LLC now owns 1,844,943 shares of the industrial products company’s stock worth $189,402,000 after purchasing an additional 159,438 shares in the last quarter. Finally, Ameriprise Financial Inc. raised its stake in Pentair by 37.6% during the 2nd quarter. Ameriprise Financial Inc. now owns 1,565,882 shares of the industrial products company’s stock valued at $160,751,000 after purchasing an additional 428,200 shares during the period. 92.37% of the stock is currently owned by institutional investors.
Insider Buying and Selling at Pentair
In other news, CFO Robert P. Fishman sold 7,786 shares of the stock in a transaction on Friday, November 14th. The shares were sold at an average price of $105.42, for a total value of $820,800.12. Following the sale, the chief financial officer owned 63,164 shares of the company’s stock, valued at approximately $6,658,748.88. This represents a 10.97% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, Director T Michael Glenn sold 6,558 shares of the firm’s stock in a transaction dated Monday, December 1st. The stock was sold at an average price of $104.33, for a total transaction of $684,196.14. Following the completion of the sale, the director owned 31,192 shares of the company’s stock, valued at $3,254,261.36. This trade represents a 17.37% decrease in their position. The SEC filing for this sale provides additional information. Corporate insiders own 1.10% of the company’s stock.
Trending Headlines about Pentair
- Positive Sentiment: Pentair beat Q4 EPS and sales estimates, expanded margins year-over-year, raised its dividend, and cited strong Flow and Pool results that offset weakness in Water. This is the primary positive takeaway underpinning near-term earnings quality. Article Title
- Positive Sentiment: Citigroup kept a “buy” rating on PNR (though lowered its price target from $126 to $120), implying continued analyst conviction in upside despite the recent pullback. Article Title
- Neutral Sentiment: Several earnings materials and transcripts are available for investors who want details from management’s call and presentation (useful for judging guidance, segment commentary and restructuring costs). Earnings Presentation
- Neutral Sentiment: Analyst and media commentary is framing the pullback as a potential buying opportunity for longer-term investors who focus on Pentair’s free cash flow and dividend profile — useful perspective but not a near-term catalyst. Is There Now An Opportunity
- Negative Sentiment: Investors reacted to a drop in Water segment sales and management’s announcement of a residential restructuring, which created concern that near-term growth and margins in that segment will be pressured. Article Title
- Negative Sentiment: Despite the quarterly beat, headlines noted the profit beat “failed to lift sentiment,” suggesting investors expected clearer upside or more aggressive guidance improvements. Article Title
Analysts Set New Price Targets
PNR has been the subject of several recent analyst reports. Wolfe Research restated an “outperform” rating and issued a $135.00 price target on shares of Pentair in a research note on Tuesday, December 9th. BNP Paribas Exane cut shares of Pentair from a “hold” rating to a “strong sell” rating and set a $90.00 target price for the company. in a research note on Wednesday, January 7th. Wall Street Zen upgraded shares of Pentair from a “hold” rating to a “buy” rating in a report on Sunday, January 18th. Barclays set a $102.00 price objective on shares of Pentair in a report on Thursday. Finally, Robert W. Baird set a $117.00 target price on Pentair in a report on Wednesday. Ten analysts have rated the stock with a Buy rating, three have given a Hold rating and three have issued a Sell rating to the stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Hold” and a consensus price target of $114.47.
Read Our Latest Analysis on PNR
Pentair Stock Performance
Pentair stock opened at $94.81 on Friday. The company’s 50-day moving average price is $104.49 and its 200-day moving average price is $106.36. Pentair plc has a twelve month low of $74.25 and a twelve month high of $113.95. The company has a quick ratio of 0.82, a current ratio of 1.61 and a debt-to-equity ratio of 0.42. The company has a market cap of $15.52 billion, a PE ratio of 23.94, a price-to-earnings-growth ratio of 1.73 and a beta of 1.22.
Pentair (NYSE:PNR – Get Free Report) last announced its quarterly 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 firm had revenue of $1.02 billion during the quarter, compared to the consensus estimate of $1.01 billion. During the same quarter last year, the firm earned $1.08 EPS. The firm’s revenue for the quarter was up 4.9% compared to the same quarter last year. 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 forecast that Pentair plc will post 4.77 EPS for the current fiscal year.
Pentair Increases Dividend
The business also recently declared a quarterly dividend, which will be paid on Friday, February 6th. Investors of record on Friday, January 23rd will be issued a dividend of $0.27 per share. This represents a $1.08 annualized dividend and a yield of 1.1%. The ex-dividend date is Friday, January 23rd. This is a boost from Pentair’s previous quarterly dividend of $0.25. Pentair’s payout ratio is currently 27.27%.
About Pentair
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.
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