Swiss National Bank Decreases Stake in Pentair plc $PNR

Swiss National Bank decreased its holdings in Pentair plc (NYSE:PNR) by 5.0% during the 3rd quarter, HoldingsChannel reports. The institutional investor owned 474,287 shares of the industrial products company’s stock after selling 25,100 shares during the quarter. Swiss National Bank’s holdings in Pentair were worth $52,532,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Richardson Financial Services Inc. grew its stake in Pentair by 64.9% during the third quarter. Richardson Financial Services Inc. now owns 249 shares of the industrial products company’s stock worth $28,000 after buying an additional 98 shares during the period. Wedmont Private Capital raised 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 acquiring an additional 101 shares during the period. Portside Wealth Group LLC raised its stake in shares of Pentair by 2.9% in the 2nd quarter. Portside Wealth Group LLC now owns 3,644 shares of the industrial products company’s stock valued at $374,000 after acquiring an additional 102 shares during the period. Greenwich Wealth Management LLC lifted its holdings in shares of Pentair by 1.4% during the 2nd 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 in the last quarter. Finally, Private Advisor Group LLC boosted its position in Pentair by 1.2% during the 3rd quarter. Private Advisor Group LLC now owns 8,888 shares of the industrial products company’s stock worth $984,000 after purchasing an additional 105 shares during the period. 92.37% of the stock is owned by institutional investors and hedge funds.

Insider Activity

In other Pentair news, EVP Philip M. Rolchigo sold 6,493 shares of the firm’s stock in a transaction dated Wednesday, February 25th. The shares were sold at an average price of $103.22, for a total value of $670,207.46. Following the transaction, the executive vice president owned 29,096 shares of the company’s stock, valued at $3,003,289.12. This trade represents a 18.24% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this link. Also, Director Michael T. Speetzen sold 7,000 shares of Pentair stock in a transaction that occurred on Wednesday, February 11th. The shares were sold at an average price of $99.99, for a total value of $699,930.00. Following the completion of the transaction, the director owned 8,290 shares of the company’s stock, valued at approximately $828,917.10. The trade was a 45.78% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. 1.10% of the stock is owned by corporate insiders.

Pentair Price Performance

Shares of NYSE PNR opened at $88.33 on Friday. 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 has a market capitalization of $14.42 billion, a price-to-earnings ratio of 22.31, a price-to-earnings-growth ratio of 1.61 and a beta of 1.23. Pentair plc has a twelve month low of $74.25 and a twelve month high of $113.95. The business has a 50 day simple moving average of $101.02 and a 200-day simple moving average of $105.28.

Pentair (NYSE:PNR) last released its quarterly earnings data on Tuesday, February 3rd. The industrial products company reported $1.18 EPS for the quarter, topping analysts’ consensus estimates of $1.17 by $0.01. The firm had revenue of $1.02 billion during the quarter, compared to the consensus estimate of $1.01 billion. Pentair had a net margin of 15.66% and a return on equity of 21.79%. The firm’s revenue was up 4.9% on a year-over-year basis. During the same quarter in the previous year, the company posted $1.08 earnings per share. Pentair has set its FY 2026 guidance at 5.250-5.400 EPS and its Q1 2026 guidance at 1.150-1.180 EPS. As a group, equities research analysts expect that Pentair plc will post 4.77 earnings per share for the current year.

Pentair Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, May 1st. Investors of record on Friday, April 17th will be given a dividend of $0.27 per share. This represents a $1.08 dividend on an annualized basis and a dividend yield of 1.2%. The ex-dividend date of this dividend is Friday, April 17th. Pentair’s dividend payout ratio is currently 27.27%.

Analyst Ratings Changes

Several research firms have commented on PNR. Jefferies Financial Group reissued a “hold” rating on shares of Pentair in a research report on Wednesday, February 4th. Wolfe Research reaffirmed an “outperform” rating and issued a $135.00 target price on shares of Pentair in a research report on Tuesday, December 9th. Robert W. Baird set a $117.00 target price on Pentair in a research note on Wednesday, February 4th. Wall Street Zen upgraded Pentair from a “hold” rating to a “buy” rating in a report on Sunday, March 8th. Finally, Royal Bank Of Canada set a $117.00 price target on Pentair in a report on Wednesday, February 4th. Ten 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’s stock. According to MarketBeat.com, the stock has a consensus rating of “Hold” and a consensus target price of $114.47.

About Pentair

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.