CenterBook Partners LP Has $534,000 Stock Position in Pentair plc $PNR

CenterBook Partners LP cut its position in shares of Pentair plc (NYSE:PNR) by 56.5% during the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 4,821 shares of the industrial products company’s stock after selling 6,272 shares during the period. CenterBook Partners LP’s holdings in Pentair were worth $534,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in PNR. Sivia Capital Partners LLC bought a new stake in Pentair during the 2nd quarter worth about $222,000. Ethic Inc. increased its stake in Pentair by 10.6% during the 2nd quarter. Ethic Inc. now owns 25,765 shares of the industrial products company’s stock worth $2,669,000 after purchasing an additional 2,465 shares in the last quarter. Forum Financial Management LP increased its stake in Pentair by 12.2% during the 2nd quarter. Forum Financial Management LP now owns 3,226 shares of the industrial products company’s stock worth $331,000 after purchasing an additional 352 shares in the last quarter. Strategic Blueprint LLC raised its holdings in Pentair by 4.0% during the 2nd quarter. Strategic Blueprint LLC now owns 5,744 shares of the industrial products company’s stock worth $590,000 after buying an additional 223 shares during the period. Finally, Asset Management One Co. Ltd. increased its position in shares of Pentair by 0.6% during the second quarter. Asset Management One Co. Ltd. now owns 75,757 shares of the industrial products company’s stock worth $7,777,000 after acquiring an additional 420 shares in the last quarter. Institutional investors own 92.37% of the company’s stock.

Analyst Ratings Changes

Several research firms have recently weighed in on PNR. Citigroup reduced 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. Wall Street Zen upgraded Pentair from a “hold” rating to a “buy” rating in a research report on Sunday, January 18th. Barclays set a $102.00 price target on shares of Pentair in a report on Thursday, February 5th. Weiss Ratings reiterated a “buy (b-)” rating on shares of Pentair in a report on Thursday, January 22nd. Finally, JPMorgan Chase & Co. dropped their target price on shares of Pentair from $132.00 to $124.00 and set an “overweight” rating on the stock in a report on Friday, January 16th. Ten investment analysts have rated the stock with a Buy rating, three have assigned a Hold rating and three have given a Sell rating to the company’s stock. According to MarketBeat, Pentair currently has a consensus rating of “Hold” and an average target price of $114.47.

Insider Buying and Selling

In related news, Director Michael T. Speetzen sold 7,000 shares of the firm’s stock in a transaction dated Wednesday, February 11th. The stock was sold at an average price of $99.99, for a total transaction of $699,930.00. Following the transaction, the director directly owned 8,290 shares of the company’s stock, valued at approximately $828,917.10. This trade represents a 45.78% decrease in their position. The sale 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 firm’s stock in a transaction dated Monday, December 1st. The shares were sold at an average price of $104.33, for a total value of $684,196.14. Following the transaction, the director directly owned 31,192 shares in the company, valued at $3,254,261.36. This trade represents a 17.37% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. 1.10% of the stock is owned by insiders.

Pentair News Summary

Here are the key news stories impacting Pentair this week:

• Positive Sentiment: Zacks issued higher estimates for several later-period quarters and longer‑term FY2028, signaling upside to Pentair’s medium‑term growth outlook (Q4 2026, Q2 & Q4 2027 raised; FY2028 at $6.20). This supports optimism about multi-year earnings expansion.
• Neutral Sentiment: Pentair presented at the Barclays 43rd Annual Industrial Select Conference — management access and investor Q&A can help validate guidance and strategy; the transcript is available for details on management commentary and any reiteration of targets. Pentair Presents at Barclays Conference Transcript
• Neutral Sentiment: Zacks slightly lowered its FY2026 EPS view from $5.37 to $5.31 — a modest cut that remains inside Pentair’s company guidance range (FY2026 guidance was ~5.25–5.40), so it’s not a material change to the full‑year narrative.
• Negative Sentiment: Zacks trimmed several near‑term quarterly estimates (Q1 2026 down to $1.17 from $1.21; Q2 2026 to $1.47 from $1.50; Q1 2027 to $1.31 from $1.37). These downward revisions to near‑term cadence could weigh on sentiment if realized results miss current expectations.

Pentair Stock Performance

NYSE:PNR opened at $102.01 on Friday. The business’s fifty day moving average is $103.42 and its 200 day moving average is $106.15. The company has a debt-to-equity ratio of 0.42, a quick ratio of 0.95 and a current ratio of 1.61. Pentair plc has a 52-week low of $74.25 and a 52-week high of $113.95. The firm has a market cap of $16.69 billion, a price-to-earnings ratio of 25.76, a PEG ratio of 1.81 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, topping analysts’ consensus estimates of $1.17 by $0.01. Pentair had a net margin of 15.66% and a return on equity of 21.79%. The firm’s revenue was up 4.9% on a year-over-year basis. During the same quarter 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. Research analysts predict that Pentair plc will post 4.77 EPS for the current year.

Pentair Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Friday, February 6th. Shareholders of record on Friday, January 23rd were given a dividend of $0.27 per share. The ex-dividend date was Friday, January 23rd. This is a boost from Pentair’s previous quarterly dividend of $0.25. This represents a $1.08 annualized dividend and a yield of 1.1%. Pentair’s dividend payout ratio (DPR) is presently 27.27%.

About Pentair

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.