Rep. Julie Johnson Sells Off Shares of Pentair plc (NYSE:PNR)

Representative Julie Johnson (D-Texas) recently sold shares of Pentair plc (NYSE:PNR). In a filing disclosed on May 14th, the Representative disclosed that they had sold between $1,001 and $15,000 in Pentair stock on April 7th.

Representative Julie Johnson also recently made the following trade(s):

• Purchased $1,001 – $15,000 in shares of Fidelity National Information Services (NYSE:FIS) on 4/30/2025.
• Sold $1,001 – $15,000 in shares of Blackstone (NYSE:BX) on 4/22/2025.
• Purchased $1,001 – $15,000 in shares of Fidelity National Information Services (NYSE:FIS) on 4/22/2025.
• Sold $1,001 – $15,000 in shares of United Parcel Service (NYSE:UPS) on 4/15/2025.
• Sold $1,001 – $15,000 in shares of United Parcel Service (NYSE:UPS) on 4/11/2025.
• Purchased $1,001 – $15,000 in shares of 3M (NYSE:MMM) on 4/11/2025.
• Sold $1,001 – $15,000 in shares of DT Midstream (NYSE:DTM) on 4/7/2025.
• Sold $1,001 – $15,000 in shares of Intuitive Surgical (NASDAQ:ISRG) on 4/7/2025.
• Sold $1,001 – $15,000 in shares of Howmet Aerospace (NYSE:HWM) on 4/7/2025.
• Sold $1,001 – $15,000 in shares of Carlisle Companies (NYSE:CSL) on 4/7/2025.

Pentair Stock Performance

PNR opened at $101.12 on Friday. The company has a market capitalization of $16.64 billion, a price-to-earnings ratio of 27.04, a price-to-earnings-growth ratio of 1.87 and a beta of 1.11. The company has a debt-to-equity ratio of 0.46, a current ratio of 1.60 and a quick ratio of 0.92. Pentair plc has a 1-year low of $72.63 and a 1-year high of $110.71. The business has a 50 day moving average price of $87.57 and a two-hundred day moving average price of $96.43.

Pentair (NYSE:PNR) last announced its quarterly earnings data on Tuesday, April 22nd. The industrial products company reported $1.11 EPS for the quarter, beating analysts’ consensus estimates of $1.01 by $0.10. Pentair had a return on equity of 20.94% and a net margin of 15.32%. The company had revenue of $1.01 billion during the quarter, compared to the consensus estimate of $988.38 million. During the same quarter in the prior year, the firm earned $0.94 EPS. Research analysts predict that Pentair plc will post 4.77 EPS for the current fiscal year.

Pentair Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Friday, August 1st. Shareholders of record on Friday, July 18th will be given a $0.25 dividend. The ex-dividend date is Friday, July 18th. This represents a $1.00 dividend on an annualized basis and a yield of 0.99%. Pentair’s dividend payout ratio (DPR) is 25.84%.

Insiders Place Their Bets

In other Pentair news, Director David A. /Wi Jones sold 6,558 shares of the stock in a transaction on Monday, April 28th. The shares were sold at an average price of $89.94, for a total transaction of $589,826.52. Following the transaction, the director now directly owns 26,313 shares of the company’s stock, valued at $2,366,591.22. This represents a 19.95% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. Company insiders own 1.45% of the company’s stock.

Hedge Funds Weigh In On Pentair

A number of hedge funds have recently modified their holdings of PNR. Ameriprise Financial Inc. increased its stake in shares of Pentair by 373.8% in the first quarter. Ameriprise Financial Inc. now owns 1,137,682 shares of the industrial products company’s stock worth $99,523,000 after acquiring an additional 897,585 shares during the last quarter. Pacer Advisors Inc. increased its position in Pentair by 4,231.6% during the first quarter. Pacer Advisors Inc. now owns 622,185 shares of the industrial products company’s stock worth $54,429,000 after buying an additional 607,821 shares during the last quarter. Amundi increased its position in Pentair by 13.6% during the first quarter. Amundi now owns 4,974,612 shares of the industrial products company’s stock worth $412,033,000 after buying an additional 594,989 shares during the last quarter. Assenagon Asset Management S.A. increased its position in Pentair by 229.1% during the first quarter. Assenagon Asset Management S.A. now owns 786,362 shares of the industrial products company’s stock worth $68,791,000 after buying an additional 547,419 shares during the last quarter. Finally, Invesco Ltd. increased its position in Pentair by 16.5% during the first quarter. Invesco Ltd. now owns 3,829,985 shares of the industrial products company’s stock worth $335,047,000 after buying an additional 541,461 shares during the last quarter. 92.37% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

PNR has been the subject of a number of recent research reports. Citigroup cut their price objective on Pentair from $118.00 to $98.00 and set a “buy” rating for the company in a research report on Monday, April 14th. Robert W. Baird cut their price objective on Pentair from $114.00 to $107.00 and set an “outperform” rating for the company in a research report on Wednesday, April 23rd. StockNews.com raised shares of Pentair from a “hold” rating to a “buy” rating in a research note on Wednesday. Northcoast Research raised shares of Pentair from a “hold” rating to a “strong-buy” rating in a research note on Wednesday, February 5th. Finally, Stifel Nicolaus cut their target price on shares of Pentair from $125.00 to $102.00 and set a “buy” rating on the stock in a research note on Wednesday, April 16th. Two analysts have rated the stock with a hold rating, thirteen have issued a buy rating and two have issued a strong buy rating to the stock. According to data from MarketBeat, Pentair has an average rating of “Buy” and a consensus target price of $107.14.

About Representative Johnson

Julie Johnson (Democratic Party) is a member of the U.S. House, representing Texas’ 32nd Congressional District. She assumed office on January 3, 2025. Her current term ends on January 3, 2027.

Johnson (Democratic Party) ran for election to the U.S. House to represent Texas’ 32nd Congressional District. She won in the general election on November 5, 2024.

Julie Johnson earned a B.A. in history and government from the University of Texas at Austin in 1987 and a J.D. from the University of Houston Law Center in 1991. Johnson’s career experience includes working as an attorney.

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.