Hsbc Holdings PLC Sells 84,316 Shares of Pentair plc $PNR

Hsbc Holdings PLC reduced its stake in shares of Pentair plc (NYSE:PNR) by 38.2% in the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 136,433 shares of the industrial products company’s stock after selling 84,316 shares during the quarter. Hsbc Holdings PLC owned approximately 0.08% of Pentair worth $13,950,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in PNR. XTX Topco Ltd bought a new stake in shares of Pentair in the 1st quarter valued at about $394,000. Vestcor Inc lifted its position in Pentair by 58.3% during the first quarter. Vestcor Inc now owns 3,618 shares of the industrial products company’s stock valued at $317,000 after acquiring an additional 1,333 shares during the last quarter. New Age Alpha Advisors LLC boosted its stake in Pentair by 46.8% in the first quarter. New Age Alpha Advisors LLC now owns 941 shares of the industrial products company’s stock valued at $82,000 after acquiring an additional 300 shares in the last quarter. iA Global Asset Management Inc. purchased a new position in Pentair in the first quarter worth $1,202,000. Finally, ASR Vermogensbeheer N.V. acquired a new position in shares of Pentair during the first quarter worth $2,099,000. Hedge funds and other institutional investors own 92.37% of the company’s stock.

Analyst Upgrades and Downgrades

A number of analysts have recently weighed in on PNR shares. Robert W. Baird set a $130.00 price objective on Pentair in a research report on Wednesday, October 22nd. Royal Bank Of Canada raised their price target on Pentair from $121.00 to $124.00 and gave the stock an “outperform” rating in a report on Wednesday, October 22nd. Barclays boosted their price target on Pentair from $125.00 to $127.00 and gave the stock an “overweight” rating in a research note on Wednesday, October 22nd. Weiss Ratings reaffirmed a “buy (b-)” rating on shares of Pentair in a research report on Wednesday, October 8th. Finally, Citigroup lifted their target price on shares of Pentair from $126.00 to $133.00 and gave the stock a “buy” rating in a research note on Thursday, October 9th. Two research analysts have rated the stock with a Strong Buy rating, ten have issued a Buy rating, three have issued a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat, Pentair currently has a consensus rating of “Moderate Buy” and an average target price of $119.85.

Pentair Price Performance

Shares of NYSE PNR opened at $105.24 on Wednesday. Pentair plc has a 52 week low of $74.25 and a 52 week high of $113.95. The business’s 50 day moving average price is $107.84 and its 200 day moving average price is $105.40. The company has a quick ratio of 0.82, a current ratio of 1.46 and a debt-to-equity ratio of 0.42. The firm has a market cap of $17.22 billion, a P/E ratio of 26.71, a P/E/G ratio of 2.00 and a beta of 1.14.

Pentair (NYSE:PNR) last announced its quarterly earnings data 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. Pentair had a net margin of 15.84% and a return on equity of 21.83%. The business had revenue of $1.02 billion during the quarter, compared to analysts’ expectations of $1 billion. During the same period in the previous year, the business posted $1.09 EPS. The business’s quarterly revenue was up 2.9% compared to the same quarter last year. Pentair has set its Q4 2025 guidance at 1.110-1.160 EPS and its FY 2025 guidance at 4.850-4.900 EPS. On average, sell-side analysts expect that Pentair plc will post 4.77 earnings per share for the current year.

Pentair Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Friday, November 7th. Stockholders of record on Friday, October 24th were paid a $0.25 dividend. The ex-dividend date was Friday, October 24th. This represents a $1.00 dividend on an annualized basis and a dividend yield of 1.0%. Pentair’s dividend payout ratio is presently 25.38%.

Insider Transactions at Pentair

In other Pentair news, Director T Michael Glenn sold 6,558 shares of the business’s stock in a transaction that occurred on Monday, December 1st. The stock was sold at an average price of $104.33, for a total value of $684,196.14. Following the completion of the transaction, the director directly owned 31,192 shares of the company’s stock, valued at approximately $3,254,261.36. The trade was a 17.37% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, CFO Robert P. Fishman sold 7,786 shares of the business’s stock in a transaction on Friday, November 14th. The shares were sold at an average price of $105.42, for a total transaction of $820,800.12. Following the completion of the transaction, the chief financial officer owned 63,164 shares of the company’s stock, valued at approximately $6,658,748.88. This represents a 10.97% 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 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.