Pentair plc $PNR Shares Sold by ProShare Advisors LLC

ProShare Advisors LLC lessened its stake in shares of Pentair plc (NYSE:PNR) by 9.6% in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 1,668,297 shares of the industrial products company’s stock after selling 176,646 shares during the quarter. ProShare Advisors LLC owned about 1.02% of Pentair worth $184,781,000 at the end of the most recent quarter.

Several other institutional investors also recently bought and sold shares of the company. Richardson Financial Services Inc. lifted its stake in shares of Pentair by 64.9% in the 3rd quarter. Richardson Financial Services Inc. now owns 249 shares of the industrial products company’s stock worth $28,000 after acquiring an additional 98 shares during the period. First Horizon Advisors Inc. raised its holdings in Pentair by 105.4% during the second quarter. First Horizon Advisors Inc. now owns 345 shares of the industrial products company’s stock worth $35,000 after purchasing an additional 177 shares in the last quarter. Root Financial Partners LLC acquired a new stake in Pentair in the third quarter valued at about $41,000. CYBER HORNET ETFs LLC purchased a new stake in Pentair in the 2nd quarter valued at approximately $45,000. Finally, CoreCap Advisors LLC boosted its holdings in Pentair by 58.8% in the 3rd quarter. CoreCap Advisors LLC now owns 405 shares of the industrial products company’s stock valued at $45,000 after purchasing an additional 150 shares in the last quarter. 92.37% of the stock is owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

A number of brokerages have recently issued reports on PNR. Weiss Ratings reissued a “buy (b-)” rating on shares of Pentair in a research note on Thursday, January 22nd. Citigroup cut their price objective on Pentair from $126.00 to $120.00 and set a “buy” rating for the company in a research report on Wednesday, February 4th. Jefferies Financial Group restated a “hold” rating on shares of Pentair in a research report on Wednesday. Wolfe Research reaffirmed an “outperform” rating and set a $135.00 price target on shares of Pentair in a research note on Tuesday, December 9th. Finally, JPMorgan Chase & Co. reduced their price objective on shares of Pentair from $132.00 to $124.00 and set an “overweight” rating for the company in a research note on Friday, January 16th. Ten investment analysts have rated the stock with a Buy rating, three have given a Hold rating and three have given a Sell rating to the stock. According to data from MarketBeat.com, Pentair currently has an average rating of “Hold” and a consensus target price of $114.47.

Insiders Place Their Bets

In other Pentair news, CFO Robert P. Fishman sold 7,786 shares of the firm’s stock in a transaction on 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 transaction, the chief financial officer owned 63,164 shares of the company’s stock, valued at approximately $6,658,748.88. This trade represents a 10.97% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through this link. Also, Director T Michael Glenn sold 6,558 shares of the company’s stock in a transaction on Monday, December 1st. The shares were sold at an average price of $104.33, for a total value of $684,196.14. Following the completion of the sale, the director owned 31,192 shares in the company, valued at $3,254,261.36. This represents a 17.37% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. 1.10% of the stock is currently owned by corporate insiders.

Pentair Trading Up 2.6%

NYSE:PNR opened at $97.42 on Monday. Pentair plc has a 52-week low of $74.25 and a 52-week high of $113.95. The company has a quick ratio of 0.95, a current ratio of 1.61 and a debt-to-equity ratio of 0.42. The stock has a fifty day simple moving average of $104.33 and a 200-day simple moving average of $106.33. The company has a market capitalization of $15.94 billion, a PE ratio of 24.60, a price-to-earnings-growth ratio of 1.73 and a beta of 1.22.

Pentair (NYSE:PNR) last posted its earnings results on Tuesday, February 3rd. The industrial products company reported $1.18 earnings per share for the quarter, beating the consensus estimate 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 for the quarter was up 4.9% on a year-over-year basis. During the same period last year, the firm posted $1.08 EPS. Pentair has set its FY 2026 guidance at 5.250-5.400 EPS and its Q1 2026 guidance at 1.150-1.180 EPS. On average, equities research analysts expect that Pentair plc will post 4.77 earnings per share for the current fiscal year.

Pentair Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Friday, February 6th. Investors of record on Friday, January 23rd were paid a $0.27 dividend. This represents a $1.08 dividend on an annualized basis and a yield of 1.1%. The ex-dividend date of this dividend was Friday, January 23rd. This is an increase from Pentair’s previous quarterly dividend of $0.25. Pentair’s dividend payout ratio is currently 27.27%.

Pentair Profile

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.