Pentair (NYSE:PNR) CFO Robert Fishman Sells 7,786 Shares

Pentair plc (NYSE:PNRGet Free Report) CFO Robert Fishman sold 7,786 shares of the business’s stock in a transaction dated Friday, November 14th. The stock was sold at an average price of $105.42, for a total transaction of $820,800.12. Following the completion of the sale, the chief financial officer owned 63,164 shares in the company, valued at approximately $6,658,748.88. This trade represents a 10.97% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through the SEC website.

Pentair Price Performance

Shares of PNR traded up $0.24 during mid-day trading on Tuesday, hitting $102.07. The company’s stock had a trading volume of 1,332,016 shares, compared to its average volume of 1,442,490. The stock has a market capitalization of $16.70 billion, a price-to-earnings ratio of 25.91, a PEG ratio of 2.00 and a beta of 1.14. Pentair plc has a fifty-two week low of $74.25 and a fifty-two week high of $113.95. The company has a debt-to-equity ratio of 0.42, a current ratio of 1.46 and a quick ratio of 0.82. The firm has a 50-day moving average price of $109.17 and a 200 day moving average price of $104.70.

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

Pentair Dividend Announcement

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

Institutional Trading of Pentair

Hedge funds and other institutional investors have recently bought and sold shares of the stock. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC lifted its position 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 worth $361,275,000 after acquiring an additional 661,154 shares during the period. Chicago Partners Investment Group LLC acquired a new position in shares of Pentair in the 2nd quarter valued at $336,000. Nordea Investment Management AB increased its stake in Pentair by 52.4% in the second quarter. Nordea Investment Management AB now owns 1,037,084 shares of the industrial products company’s stock valued at $106,146,000 after acquiring an additional 356,775 shares during the period. Resona Asset Management Co. Ltd. acquired a new stake in Pentair during the second quarter valued at approximately $5,057,000. Finally, Mitsubishi UFJ Asset Management Co. Ltd. boosted its holdings in Pentair by 11.4% during the second quarter. Mitsubishi UFJ Asset Management Co. Ltd. now owns 372,274 shares of the industrial products company’s stock valued at $38,218,000 after purchasing an additional 37,960 shares in the last quarter. 92.37% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

Several brokerages recently commented on PNR. Stifel Nicolaus upped their price target on shares of Pentair from $104.00 to $124.00 and gave the company a “buy” rating in a research report on Monday, July 21st. Citigroup lifted their target price on Pentair from $126.00 to $133.00 and gave the company a “buy” rating in a research note on Thursday, October 9th. Oppenheimer boosted their price objective on shares of Pentair from $120.00 to $124.00 and gave the company an “outperform” rating in a research report on Monday, October 20th. Mizuho increased their price objective on Pentair from $118.00 to $122.00 and gave the stock an “outperform” rating in a report on Wednesday, July 23rd. Finally, Weiss Ratings reiterated a “buy (b-)” rating on shares of Pentair in a report on Wednesday, October 8th. Two analysts have rated the stock with a Strong Buy rating, eleven have given a Buy rating, three have assigned a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $119.93.

Check Out Our Latest Report on Pentair

Pentair Company Profile

(Get Free Report)

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.

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