Creative Planning Acquires 4,543 Shares of Pentair plc $PNR

Creative Planning increased its holdings in shares of Pentair plc (NYSE:PNR) by 22.1% during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 25,069 shares of the industrial products company’s stock after acquiring an additional 4,543 shares during the quarter. Creative Planning’s holdings in Pentair were worth $2,574,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also bought and sold shares of the company. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC grew its position in Pentair by 19.1% during the first 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 buying an additional 661,154 shares during the period. Chicago Partners Investment Group LLC bought a new position in shares of Pentair during the 2nd quarter valued at approximately $336,000. Nordea Investment Management AB increased its stake in shares of Pentair by 52.4% during the 2nd quarter. Nordea Investment Management AB now owns 1,037,084 shares of the industrial products company’s stock worth $106,146,000 after purchasing an additional 356,775 shares during the last quarter. LBP AM SA raised its holdings in shares of Pentair by 10.7% in the 2nd quarter. LBP AM SA now owns 79,301 shares of the industrial products company’s stock worth $8,141,000 after purchasing an additional 7,647 shares during the period. Finally, Resona Asset Management Co. Ltd. bought a new stake in shares of Pentair in the 2nd quarter worth approximately $5,057,000. Hedge funds and other institutional investors own 92.37% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of analysts have issued reports on PNR shares. JPMorgan Chase & Co. raised their target price on Pentair from $116.00 to $126.00 and gave the stock an “overweight” rating in a research report on Wednesday, October 15th. UBS Group boosted their price objective on Pentair from $120.00 to $124.00 and gave the company a “buy” rating in a research note on Wednesday, October 22nd. Bank of America lowered shares of Pentair from a “neutral” rating to an “underperform” rating and cut their target price for the stock from $106.00 to $100.00 in a research report on Tuesday, July 29th. Oppenheimer boosted their price target on shares of Pentair from $124.00 to $128.00 and gave the company an “outperform” rating in a research report on Thursday. Finally, Royal Bank Of Canada upped their price target on shares of Pentair from $121.00 to $124.00 and gave the company an “outperform” rating in a research note on Wednesday, October 22nd. Two research analysts have rated the stock with a Strong Buy rating, eleven have given a Buy rating, three have assigned a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $120.21.

Pentair Price Performance

Shares of NYSE:PNR opened at $104.14 on Tuesday. The company has a 50 day moving average of $108.42 and a 200 day moving average of $105.07. The company has a current ratio of 1.46, a quick ratio of 0.82 and a debt-to-equity ratio of 0.42. The stock has a market cap of $17.04 billion, a P/E ratio of 26.43, a P/E/G ratio of 2.00 and a beta of 1.14. Pentair plc has a 12 month low of $74.25 and a 12 month high of $113.95.

Pentair (NYSE:PNR) last announced its quarterly earnings results on Tuesday, October 21st. The industrial products company reported $1.24 EPS for the quarter, beating the consensus estimate of $1.18 by $0.06. The firm had revenue of $1.02 billion during 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%. The business’s quarterly revenue was up 2.9% compared to the same quarter last year. During the same period last 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. As a group, sell-side analysts forecast that Pentair plc will post 4.77 EPS for the current fiscal year.

Pentair Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, November 7th. Shareholders of record on Friday, October 24th were issued a $0.25 dividend. The ex-dividend date of this dividend was Friday, October 24th. This represents a $1.00 annualized dividend and a dividend yield of 1.0%. Pentair’s dividend payout ratio (DPR) is presently 25.38%.

Insider Activity

In other news, CFO Robert P. Fishman sold 7,786 shares of Pentair stock in a transaction dated Friday, November 14th. The stock was sold at an average price of $105.42, for a total transaction of $820,800.12. Following the completion of the sale, the chief financial officer 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 legal filing with the SEC, which can be accessed through this link. Company insiders own 1.10% of the company’s stock.

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.