Castleark Management LLC Invests $544,000 in Pentair plc $PNR

Castleark Management LLC bought a new stake in shares of Pentair plc (NYSE:PNR) during the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm bought 5,300 shares of the industrial products company’s stock, valued at approximately $544,000.

Other large investors also recently added to or reduced their stakes in the company. Valeo Financial Advisors LLC bought a new position in shares of Pentair during the second quarter valued at about $102,945,000. Ameriprise Financial Inc. boosted its holdings in Pentair by 373.8% during the 1st quarter. Ameriprise Financial Inc. now owns 1,137,682 shares of the industrial products company’s stock valued at $99,523,000 after acquiring an additional 897,585 shares during the period. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC grew its position in Pentair by 19.1% during the 1st 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 worth $361,275,000 after acquiring an additional 661,154 shares during the last quarter. Amundi increased its stake in Pentair by 13.6% in the 1st quarter. Amundi now owns 4,974,612 shares of the industrial products company’s stock worth $412,033,000 after purchasing an additional 594,989 shares during the period. Finally, Panagora Asset Management Inc. lifted its position in Pentair by 77.4% in the second quarter. Panagora Asset Management Inc. now owns 1,179,687 shares of the industrial products company’s stock valued at $121,107,000 after purchasing an additional 514,571 shares during the last quarter. Hedge funds and other institutional investors own 92.37% of the company’s stock.

Pentair Trading Up 0.1%

NYSE PNR opened at $105.98 on Monday. The firm has a market capitalization of $17.34 billion, a PE ratio of 26.90, a P/E/G ratio of 2.04 and a beta of 1.21. The stock’s 50 day moving average is $106.96 and its 200 day moving average is $105.76. Pentair plc has a twelve month low of $74.25 and a twelve month high of $113.95. The company has a quick ratio of 0.82, a current ratio of 1.46 and a debt-to-equity ratio of 0.42.

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 return on equity of 21.83% and a net margin of 15.84%.The business had revenue of $1.02 billion during the quarter, compared to analyst estimates of $1 billion. During the same quarter last year, the firm posted $1.09 earnings per share. The company’s revenue for the quarter was up 2.9% on a year-over-year basis. Pentair has set its Q4 2025 guidance at 1.110-1.160 EPS and its FY 2025 guidance at 4.850-4.900 EPS. Research analysts forecast that Pentair plc will post 4.77 earnings per share for the current fiscal year.

Pentair Dividend Announcement

The company also recently announced 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 yield of 0.9%. Pentair’s payout ratio is 25.38%.

Wall Street Analyst Weigh In

PNR has been the topic of several analyst reports. Oppenheimer lifted their target price on shares of Pentair from $124.00 to $128.00 and gave the stock an “outperform” rating in a research note on Thursday, November 20th. UBS Group upped their price objective on shares of Pentair from $120.00 to $124.00 and gave the company a “buy” rating in a research note on Wednesday, October 22nd. Robert W. Baird set a $130.00 target price on Pentair in a research note on Wednesday, October 22nd. Royal Bank Of Canada boosted their price target on Pentair from $121.00 to $124.00 and gave the company an “outperform” rating in a report on Wednesday, October 22nd. Finally, Wolfe Research reiterated an “outperform” rating and issued a $135.00 price objective on shares of Pentair in a report on Tuesday, December 9th. Two analysts have rated the stock with a Strong Buy rating, eleven have issued a Buy rating, four have issued a Hold rating and one has issued a Sell rating to the company. According to MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $121.07.

Insider Activity at Pentair

In other news, CFO Robert P. Fishman sold 7,786 shares of the stock in a transaction that occurred 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 sale, the chief financial officer owned 63,164 shares in the company, valued at $6,658,748.88. This represents a 10.97% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. Also, Director T Michael Glenn sold 6,558 shares of the firm’s stock in a transaction that occurred on Monday, December 1st. The shares were sold at an average price of $104.33, for a total transaction of $684,196.14. Following the sale, the director directly owned 31,192 shares of the company’s stock, valued at $3,254,261.36. This trade represents a 17.37% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Corporate insiders own 1.45% of the company’s stock.

Pentair 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.