Pentair plc $PNR Shares Acquired by Commonwealth of Pennsylvania Public School Empls Retrmt SYS

Commonwealth of Pennsylvania Public School Empls Retrmt SYS raised its holdings in shares of Pentair plc (NYSE:PNR) by 6.8% in the 2nd quarter, Holdings Channel reports. The firm owned 40,351 shares of the industrial products company’s stock after purchasing an additional 2,565 shares during the quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS’s holdings in Pentair were worth $4,142,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors and hedge funds also recently modified their holdings of the business. Sumitomo Mitsui DS Asset Management Company Ltd boosted its holdings in shares of Pentair by 0.5% in the 2nd quarter. Sumitomo Mitsui DS Asset Management Company Ltd now owns 19,965 shares of the industrial products company’s stock valued at $2,050,000 after buying an additional 108 shares during the period. Horizon Investments LLC lifted its holdings in Pentair by 4.8% in the first quarter. Horizon Investments LLC now owns 2,372 shares of the industrial products company’s stock worth $207,000 after acquiring an additional 109 shares during the last quarter. Brooklyn Investment Group boosted its stake in Pentair by 14.8% in the first quarter. Brooklyn Investment Group now owns 847 shares of the industrial products company’s stock valued at $74,000 after acquiring an additional 109 shares during the period. Leavell Investment Management Inc. grew its holdings in shares of Pentair by 2.8% during the second quarter. Leavell Investment Management Inc. now owns 4,088 shares of the industrial products company’s stock valued at $420,000 after purchasing an additional 112 shares during the last quarter. Finally, Signaturefd LLC grew its holdings in shares of Pentair by 11.5% during the second quarter. Signaturefd LLC now owns 1,245 shares of the industrial products company’s stock valued at $128,000 after purchasing an additional 128 shares during the last quarter. 92.37% of the stock is owned by institutional investors and hedge funds.

Insider Activity

In other news, CFO Robert P. Fishman sold 7,786 shares of Pentair stock in a transaction on Friday, November 14th. The stock was sold at an average price of $105.42, for a total transaction of $820,800.12. Following the transaction, the chief financial officer directly owned 63,164 shares in the company, valued at approximately $6,658,748.88. This trade represents a 10.97% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Company insiders own 1.45% of the company’s stock.

Analyst Ratings Changes

A number of research firms recently issued reports on PNR. TD Cowen lowered Pentair from a “buy” rating to a “hold” rating and reduced their price objective for the company from $115.00 to $110.00 in a research report on Wednesday, July 23rd. Oppenheimer increased their target price on Pentair from $120.00 to $124.00 and gave the stock an “outperform” rating in a research report on Monday, October 20th. Royal Bank Of Canada boosted their price target on shares of Pentair from $121.00 to $124.00 and gave the company an “outperform” rating in a report on Wednesday, October 22nd. Barclays upped their price target on shares of Pentair from $125.00 to $127.00 and gave the stock an “overweight” rating in a research report on Wednesday, October 22nd. Finally, JPMorgan Chase & Co. lifted their price objective on shares of Pentair from $116.00 to $126.00 and gave the company an “overweight” rating in a research report on Wednesday, October 15th. Two equities research analysts have rated the stock with a Strong Buy rating, eleven have assigned a Buy rating, three have issued a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $119.93.

Pentair Stock Performance

PNR stock opened at $102.07 on Wednesday. The company has a 50-day simple moving average of $109.03 and a 200 day simple moving average of $104.76. The company has a market capitalization of $16.70 billion, a P/E ratio of 25.91, a PEG ratio of 2.00 and a beta of 1.14. 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 plc has a fifty-two week low of $74.25 and a fifty-two week high of $113.95.

Pentair (NYSE:PNR) last released its quarterly earnings results on Tuesday, October 21st. The industrial products company reported $1.24 EPS for the quarter, topping analysts’ consensus estimates of $1.18 by $0.06. The company had revenue of $1.02 billion for the quarter, compared to the consensus estimate of $1 billion. Pentair had a net margin of 15.84% and a return on equity of 21.83%. Pentair’s revenue was up 2.9% on a year-over-year basis. During the same period in the previous year, the firm earned $1.09 EPS. 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 predict that Pentair plc will post 4.77 earnings per share for the current fiscal year.

Pentair Announces Dividend

The company also recently declared 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. 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 dividend payout ratio (DPR) is presently 25.38%.

About Pentair

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.