Pentair plc (NYSE:PNR) Raises Dividend to $0.27 Per Share

Pentair plc (NYSE:PNR) announced a quarterly dividend on Monday, December 15th. Stockholders of record on Friday, January 23rd will be given a dividend of 0.27 per share by the industrial products company on Friday, February 6th. This represents a c) dividend on an annualized basis and a dividend yield of 1.0%. The ex-dividend date is Friday, January 23rd. This is a 8.0% increase from Pentair’s previous quarterly dividend of $0.25.

Pentair has raised its dividend payment by an average of 0.1%per year over the last three years and has raised its dividend every year for the last 7 years. Pentair has a dividend payout ratio of 19.1% meaning its dividend is sufficiently covered by earnings. Equities analysts expect Pentair to earn $5.27 per share next year, which means the company should continue to be able to cover its $1.00 annual dividend with an expected future payout ratio of 19.0%.

Pentair Trading Up 0.2%

Shares of Pentair stock traded up $0.18 on Tuesday, hitting $105.22. The stock had a trading volume of 77,243 shares, compared to its average volume of 1,424,857. The company has a quick ratio of 0.82, a current ratio of 1.46 and a debt-to-equity ratio of 0.42. Pentair has a one year low of $74.25 and a one year high of $113.95. The stock’s 50-day simple moving average is $106.82 and its two-hundred day simple moving average is $105.80. The stock has a market cap of $17.22 billion, a price-to-earnings ratio of 26.67, a PEG ratio of 2.04 and a beta of 1.21.

Pentair (NYSE:PNR) last announced its quarterly earnings results 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 business 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 company’s revenue was up 2.9% on a year-over-year basis. During the same quarter last year, the firm earned $1.09 EPS. Pentair has set its Q4 2025 guidance at 1.110-1.160 EPS and its FY 2025 guidance at 4.850-4.900 EPS. As a group, sell-side analysts predict that Pentair will post 4.77 EPS for the current year.

Insider Activity

In other news, CFO Robert P. Fishman sold 7,786 shares of the company’s stock in a transaction on Friday, November 14th. The stock was 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 in the company, valued at $6,658,748.88. This represents a 10.97% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at this link. Also, Director T Michael Glenn sold 6,558 shares of Pentair stock in a transaction on 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 owned 31,192 shares in the company, valued at $3,254,261.36. This trade represents a 17.37% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. 1.10% of the stock is owned by corporate insiders.

Institutional Investors Weigh In On Pentair

Several hedge funds and other institutional investors have recently added to or reduced their stakes in PNR. State Street Corp increased its stake in shares of Pentair by 5.9% in the second quarter. State Street Corp now owns 8,970,940 shares of the industrial products company’s stock worth $920,957,000 after purchasing an additional 501,506 shares in the last quarter. Amundi boosted its stake in shares of Pentair by 13.6% in the first quarter. Amundi now owns 4,974,612 shares of the industrial products company’s stock worth $412,033,000 after acquiring an additional 594,989 shares during the period. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC raised its stake in Pentair by 19.1% during 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 purchasing an additional 661,154 shares during the period. Ameriprise Financial Inc. grew its holdings in Pentair by 106.7% during the 3rd quarter. Ameriprise Financial Inc. now owns 3,236,826 shares of the industrial products company’s stock valued at $358,521,000 after buying an additional 1,670,944 shares in the last quarter. Finally, Nordea Investment Management AB raised its position in shares of Pentair by 173.6% during 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 buying an additional 1,800,669 shares during the last quarter. 92.37% of the stock is owned by hedge funds and other institutional investors.

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.