Lansforsakringar Fondforvaltning AB publ Purchases 19,467 Shares of Pentair plc $PNR

Lansforsakringar Fondforvaltning AB publ grew its position in shares of Pentair plc (NYSE:PNR) by 18.3% during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 125,678 shares of the industrial products company’s stock after buying an additional 19,467 shares during the quarter. Lansforsakringar Fondforvaltning AB publ owned approximately 0.08% of Pentair worth $13,920,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors also recently modified their holdings of the company. Richardson Financial Services Inc. increased its stake in shares of Pentair by 64.9% in the third quarter. Richardson Financial Services Inc. now owns 249 shares of the industrial products company’s stock valued at $28,000 after buying an additional 98 shares in the last quarter. Wedmont Private Capital increased its stake in shares of Pentair by 2.7% in the 3rd quarter. Wedmont Private Capital now owns 3,906 shares of the industrial products company’s stock valued at $432,000 after buying an additional 101 shares during the period. Portside Wealth Group LLC raised its position in shares of Pentair by 2.9% during the second quarter. Portside Wealth Group LLC now owns 3,644 shares of the industrial products company’s stock worth $374,000 after acquiring an additional 102 shares during the last quarter. Greenwich Wealth Management LLC lifted its stake in shares of Pentair by 1.4% during the second quarter. Greenwich Wealth Management LLC now owns 7,223 shares of the industrial products company’s stock valued at $742,000 after acquiring an additional 102 shares during the period. Finally, Captrust Financial Advisors raised its holdings in Pentair by 0.3% during the 2nd quarter. Captrust Financial Advisors now owns 38,135 shares of the industrial products company’s stock worth $3,915,000 after purchasing an additional 107 shares during the last quarter. Institutional investors own 92.37% of the company’s stock.

Insiders Place Their Bets

In other news, Director T Michael Glenn sold 6,558 shares of the stock in a transaction dated Monday, December 1st. The shares were sold at an average price of $104.33, for a total value of $684,196.14. Following the transaction, the director directly owned 31,192 shares of the company’s stock, valued at $3,254,261.36. This represents a 17.37% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, Director Michael T. Speetzen sold 7,000 shares of Pentair stock in a transaction dated Wednesday, February 11th. The stock was sold at an average price of $99.99, for a total transaction of $699,930.00. Following the sale, the director directly owned 8,290 shares of the company’s stock, valued at $828,917.10. The trade was a 45.78% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. 1.45% of the stock is currently owned by corporate insiders.

Pentair Price Performance

Shares of PNR opened at $101.56 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’s fifty day simple moving average is $103.35 and its 200 day simple moving average is $106.18. Pentair plc has a 1-year low of $74.25 and a 1-year high of $113.95. The company has a market cap of $16.62 billion, a price-to-earnings ratio of 25.65, a PEG ratio of 1.81 and a beta of 1.22.

Pentair (NYSE:PNR) last issued its earnings results on Tuesday, February 3rd. The industrial products company reported $1.18 earnings per share (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’s revenue was up 4.9% compared to the same quarter last year. During the same period in the previous year, the business posted $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. On average, research analysts forecast that Pentair plc will post 4.77 earnings per share for the current fiscal year.

Pentair Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Friday, May 1st. Investors of record on Friday, April 17th will be issued a dividend of $0.27 per share. The ex-dividend date of this dividend is Friday, April 17th. This represents a $1.08 dividend on an annualized basis and a dividend yield of 1.1%. Pentair’s payout ratio is presently 27.27%.

Wall Street Analyst Weigh In

A number of research firms have commented on PNR. BNP Paribas Exane lowered shares of Pentair from a “hold” rating to a “strong sell” rating and set a $90.00 target price for the company. in a report on Wednesday, January 7th. Wall Street Zen raised Pentair from a “hold” rating to a “buy” rating in a research note on Sunday, January 18th. Weiss Ratings reissued a “buy (b-)” rating on shares of Pentair in a research note on Thursday, January 22nd. TD Cowen downgraded shares of Pentair from a “buy” rating to a “market perform” rating in a report on Monday, January 5th. Finally, Citigroup lowered their price objective on shares of Pentair from $126.00 to $120.00 and set a “buy” rating for the company in a research report 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 assigned a Sell rating to the stock. According to MarketBeat.com, the company has a consensus rating of “Hold” and an average target price of $114.47.

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.