Philip Rolchigo Sells 6,493 Shares of Pentair (NYSE:PNR) Stock

Pentair plc (NYSE:PNRGet Free Report) EVP Philip Rolchigo sold 6,493 shares of the company’s stock in a transaction dated Wednesday, February 25th. The shares were sold at an average price of $103.22, for a total transaction of $670,207.46. Following the transaction, the executive vice president owned 29,096 shares in the company, valued at approximately $3,003,289.12. The trade was a 18.24% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink.

Pentair Trading Down 1.4%

Shares of PNR traded down $1.42 on Friday, reaching $99.02. 1,931,464 shares of the company’s stock were exchanged, compared to its average volume of 1,969,289. The business has a 50 day moving average price of $103.20 and a two-hundred day moving average price of $106.10. Pentair plc has a 12 month low of $74.25 and a 12 month high of $113.95. The stock has a market capitalization of $16.16 billion, a P/E ratio of 25.01, a price-to-earnings-growth ratio of 1.79 and a beta of 1.22. The company has a current ratio of 1.61, a quick ratio of 0.95 and a debt-to-equity ratio of 0.42.

Pentair (NYSE:PNRGet Free Report) last issued its earnings results on Tuesday, February 3rd. The industrial products company reported $1.18 EPS for the quarter, beating the consensus estimate of $1.17 by $0.01. Pentair had a net margin of 15.66% and a return on equity of 21.79%. The company had revenue of $1.02 billion during the quarter, compared to analysts’ expectations of $1.01 billion. During the same quarter in the previous year, the company posted $1.08 EPS. The business’s revenue for the quarter was up 4.9% compared to the same quarter last year. Pentair has set its FY 2026 guidance at 5.250-5.400 EPS and its Q1 2026 guidance at 1.150-1.180 EPS. Research analysts anticipate that Pentair plc will post 4.77 earnings per share for the current year.

Pentair Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Friday, May 1st. Investors of record on Friday, April 17th will be given a $0.27 dividend. This represents a $1.08 dividend on an annualized basis and a dividend yield of 1.1%. The ex-dividend date is Friday, April 17th. Pentair’s dividend payout ratio (DPR) is currently 27.27%.

Institutional Trading of Pentair

A number of hedge funds and other institutional investors have recently made changes to their positions in PNR. Annis Gardner Whiting Capital Advisors LLC grew its position in Pentair by 71.4% in the fourth quarter. Annis Gardner Whiting Capital Advisors LLC now owns 252 shares of the industrial products company’s stock valued at $26,000 after purchasing an additional 105 shares in the last quarter. Wexford Capital LP acquired a new position in shares of Pentair during the 3rd quarter worth about $26,000. Motiv8 Investments LLC bought a new position in shares of Pentair in the 4th quarter valued at about $27,000. Richardson Financial Services Inc. grew its holdings in shares of Pentair by 64.9% in the 3rd quarter. Richardson Financial Services Inc. now owns 249 shares of the industrial products company’s stock valued at $28,000 after acquiring an additional 98 shares in the last quarter. Finally, First Horizon Advisors Inc. increased its position in shares of Pentair by 105.4% in the second quarter. First Horizon Advisors Inc. now owns 345 shares of the industrial products company’s stock valued at $35,000 after acquiring an additional 177 shares during the last quarter. 92.37% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

PNR has been the topic of a number of recent analyst reports. Citigroup reduced their price target on shares of Pentair from $126.00 to $120.00 and set a “buy” rating on the stock in a research report on Wednesday, February 4th. Royal Bank Of Canada set a $117.00 price target on Pentair in a report on Wednesday, February 4th. Wall Street Zen upgraded Pentair from a “hold” rating to a “buy” rating in a report on Sunday, January 18th. TD Cowen lowered Pentair from a “buy” rating to a “market perform” rating in a research report on Monday, January 5th. Finally, JPMorgan Chase & Co. dropped their target price on shares of Pentair from $132.00 to $124.00 and set an “overweight” rating on the stock in a report on Friday, January 16th. Ten equities research analysts have rated the stock with a Buy rating, three have assigned a Hold rating and three have given a Sell rating to the company. According to data from MarketBeat, Pentair currently has a consensus rating of “Hold” and a consensus price target of $114.47.

Check Out Our Latest Analysis on Pentair

About Pentair

(Get Free Report)

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.

Featured Stories

Receive News & Ratings for Pentair Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Pentair and related companies with MarketBeat.com's FREE daily email newsletter.