Grantham Mayo Van Otterloo & Co. LLC Buys 4,603 Shares of Pentair plc $PNR

Grantham Mayo Van Otterloo & Co. LLC increased its stake in Pentair plc (NYSE:PNR) by 9.0% in the 2nd quarter, Holdings Channel reports. The fund owned 55,880 shares of the industrial products company’s stock after buying an additional 4,603 shares during the quarter. Grantham Mayo Van Otterloo & Co. LLC’s holdings in Pentair were worth $5,737,000 at the end of the most recent reporting period.

A number of other large investors have also added to or reduced their stakes in PNR. State Board of Administration of Florida Retirement System boosted its holdings in shares of Pentair by 1.3% in the 2nd quarter. State Board of Administration of Florida Retirement System now owns 178,349 shares of the industrial products company’s stock worth $18,309,000 after purchasing an additional 2,310 shares in the last quarter. United Super Pty Ltd in its capacity as Trustee for the Construction & Building Unions Superannuation Fund bought a new stake in Pentair in the 2nd quarter worth approximately $380,000. Vinva Investment Management Ltd boosted its stake in Pentair by 191.1% in the second quarter. Vinva Investment Management Ltd now owns 11,151 shares of the industrial products company’s stock worth $1,155,000 after buying an additional 7,321 shares in the last quarter. Inceptionr LLC bought a new position in Pentair during the second quarter valued at approximately $872,000. Finally, Elo Mutual Pension Insurance Co raised its stake in shares of Pentair by 6.2% during the second quarter. Elo Mutual Pension Insurance Co now owns 13,981 shares of the industrial products company’s stock worth $1,435,000 after acquiring an additional 816 shares in the last quarter. Hedge funds and other institutional investors own 92.37% of the company’s stock.

Insider Buying and Selling

In other news, CFO Robert P. Fishman sold 7,786 shares of the firm’s stock in a transaction dated Friday, November 14th. The shares were sold at an average price of $105.42, for a total value of $820,800.12. Following the completion of the sale, the chief financial officer directly owned 63,164 shares of the company’s stock, valued at approximately $6,658,748.88. This trade represents a 10.97% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. Company insiders own 1.10% of the company’s stock.

Wall Street Analyst Weigh In

Several research firms recently commented on PNR. Robert W. Baird set a $130.00 target price on shares of Pentair in a report on Wednesday, October 22nd. UBS Group raised their price objective on Pentair from $120.00 to $124.00 and gave the company a “buy” rating in a research note on Wednesday, October 22nd. Oppenheimer lifted their price objective on Pentair from $124.00 to $128.00 and gave the stock an “outperform” rating in a report on Thursday, November 20th. Royal Bank Of Canada increased their target price on Pentair from $121.00 to $124.00 and gave the company an “outperform” rating in a report on Wednesday, October 22nd. Finally, Citigroup lifted their price target on Pentair from $126.00 to $133.00 and gave the stock a “buy” rating in a research note on Thursday, October 9th. Two equities research analysts have rated the stock with a Strong Buy rating, ten have assigned a Buy rating, three have given a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat, the company has a consensus rating of “Moderate Buy” and an average target price of $119.85.

Pentair Stock Down 0.8%

Shares of NYSE:PNR opened at $105.24 on Friday. The stock’s 50-day moving average is $108.04 and its 200 day moving average is $105.27. The company has a market cap of $17.22 billion, a PE ratio of 26.71, a P/E/G ratio of 2.00 and a beta of 1.14. The company has a debt-to-equity ratio of 0.42, a current ratio of 1.46 and a quick ratio of 0.82. Pentair plc has a 1 year low of $74.25 and a 1 year high of $113.95.

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

Pentair Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Friday, November 7th. Shareholders of record on Friday, October 24th were given a dividend of $0.25 per share. This represents a $1.00 dividend on an annualized basis and a yield of 1.0%. The ex-dividend date of this dividend was Friday, October 24th. Pentair’s payout ratio is presently 25.38%.

Pentair Company 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.