Pentair plc $PNR Shares Sold by Andra AP fonden

Andra AP fonden trimmed its position in Pentair plc (NYSE:PNR) by 13.5% during the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 118,700 shares of the industrial products company’s stock after selling 18,600 shares during the quarter. Andra AP fonden owned 0.07% of Pentair worth $13,147,000 at the end of the most recent quarter.

A number of other institutional investors have also modified their holdings of the company. State Street Corp lifted its stake in shares of Pentair by 5.9% during the second quarter. State Street Corp now owns 8,970,940 shares of the industrial products company’s stock worth $920,957,000 after purchasing an additional 501,506 shares in the last quarter. Nordea Investment Management AB lifted its position in Pentair by 173.6% during the 3rd quarter. Nordea Investment Management AB now owns 2,837,753 shares of the industrial products company’s stock worth $311,046,000 after acquiring an additional 1,800,669 shares in the last quarter. Massachusetts Financial Services Co. MA lifted its position in Pentair by 6.9% during the 3rd quarter. Massachusetts Financial Services Co. MA now owns 2,333,689 shares of the industrial products company’s stock worth $258,479,000 after acquiring an additional 149,858 shares in the last quarter. ProShare Advisors LLC grew its position in Pentair by 9.5% in the second quarter. ProShare Advisors LLC now owns 1,844,943 shares of the industrial products company’s stock valued at $189,402,000 after acquiring an additional 159,438 shares in the last quarter. Finally, Ameriprise Financial Inc. grew its position in Pentair by 37.6% in the second quarter. Ameriprise Financial Inc. now owns 1,565,882 shares of the industrial products company’s stock valued at $160,751,000 after acquiring an additional 428,200 shares in the last quarter. Hedge funds and other institutional investors own 92.37% of the company’s stock.

Pentair Price Performance

Shares of NYSE:PNR opened at $99.02 on Friday. The company’s fifty day moving average is $103.11 and its two-hundred day moving average is $106.07. The company has a market cap of $16.16 billion, a P/E ratio of 25.01, a price-to-earnings-growth ratio of 1.78 and a beta of 1.22. Pentair plc has a 12-month low of $74.25 and a 12-month 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.

Pentair (NYSE:PNR) last issued its quarterly earnings results on Tuesday, February 3rd. The industrial products company reported $1.18 earnings per share for the quarter, beating analysts’ consensus estimates of $1.17 by $0.01. The business had revenue of $1.02 billion for the quarter, compared to the consensus estimate of $1.01 billion. Pentair had a return on equity of 21.79% and a net margin of 15.66%.Pentair’s revenue for the quarter was up 4.9% compared to the same quarter last year. During the same quarter in the previous year, the company posted $1.08 earnings per share. Pentair has set its FY 2026 guidance at 5.250-5.400 EPS and its Q1 2026 guidance at 1.150-1.180 EPS. Equities analysts expect that Pentair plc will post 4.77 earnings per share for the current fiscal year.

Pentair Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Friday, May 1st. Stockholders of record on Friday, April 17th will be given a $0.27 dividend. This represents a $1.08 dividend on an annualized basis and a dividend yield of 1.1%. The ex-dividend date of this dividend is Friday, April 17th. Pentair’s dividend payout ratio is 27.27%.

Insider Buying and Selling

In related news, Director Michael T. Speetzen sold 7,000 shares of the business’s stock in a transaction that occurred on Wednesday, February 11th. The shares were 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. The trade was a 45.78% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, Director T Michael Glenn sold 6,558 shares of the company’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 completion of the transaction, the director owned 31,192 shares in the company, valued at approximately $3,254,261.36. This represents a 17.37% decrease in their position. The disclosure for this sale is available in the SEC filing. Over the last three months, insiders sold 20,051 shares of company stock worth $2,054,334. 1.10% of the stock is owned by company insiders.

Analyst Upgrades and Downgrades

A number of equities analysts have commented on PNR shares. JPMorgan Chase & Co. cut their price objective 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. TD Cowen lowered Pentair from a “buy” rating to a “market perform” rating in a research report on Monday, January 5th. Royal Bank Of Canada set a $117.00 price target on Pentair in a report on Wednesday, February 4th. Weiss Ratings restated a “buy (b-)” rating on shares of Pentair in a research note on Thursday, January 22nd. Finally, Robert W. Baird set a $117.00 target price on Pentair in a research report on Wednesday, February 4th. Ten research analysts have rated the stock with a Buy rating, three have assigned a Hold rating and three have assigned a Sell rating to the company’s stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Hold” and an average price target of $114.47.

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.