140 Summer Partners LP Purchases Shares of 548,503 Pentair plc $PNR

140 Summer Partners LP acquired a new position in shares of Pentair plc (NYSE:PNR) in the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm acquired 548,503 shares of the industrial products company’s stock, valued at approximately $60,752,000. Pentair accounts for about 5.3% of 140 Summer Partners LP’s holdings, making the stock its 9th biggest position. 140 Summer Partners LP owned about 0.34% of Pentair as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds also recently modified their holdings of the company. Algert Global LLC acquired a new stake in shares of Pentair in the 3rd quarter valued at about $206,000. Ameriprise Financial Inc. increased its position in Pentair by 106.7% in the 3rd quarter. Ameriprise Financial Inc. now owns 3,236,826 shares of the industrial products company’s stock valued at $358,521,000 after buying an additional 1,670,944 shares in the last quarter. Creative Planning raised its stake in Pentair by 82.5% during the 3rd quarter. Creative Planning now owns 45,743 shares of the industrial products company’s stock worth $5,066,000 after buying an additional 20,674 shares during the period. AQR Capital Management LLC boosted its holdings in Pentair by 43.0% in the third quarter. AQR Capital Management LLC now owns 1,472,500 shares of the industrial products company’s stock worth $161,754,000 after acquiring an additional 442,534 shares in the last quarter. Finally, Zacks Investment Management bought a new position in Pentair in the third quarter worth approximately $37,677,000. Institutional investors own 92.37% of the company’s stock.

Wall Street Analyst Weigh In

Several equities research analysts have recently commented on the company. Barclays set a $102.00 price objective on Pentair in a report on Thursday, February 5th. Jefferies Financial Group reiterated a “hold” rating on shares of Pentair in a report on Wednesday, February 4th. Citigroup reduced their price target on shares of Pentair from $126.00 to $120.00 and set a “buy” rating for the company in a research 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, Wolfe Research restated an “outperform” rating and set a $135.00 price objective on shares of Pentair in a report on Tuesday, December 9th. Ten research analysts have rated the stock with a Buy rating, three have issued a Hold rating and three have issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, Pentair presently has an average rating of “Hold” and an average target price of $114.47.

Pentair Stock Down 0.0%

PNR stock opened at $88.28 on Friday. The firm has a market capitalization of $14.41 billion, a PE ratio of 22.29, a P/E/G ratio of 1.56 and a beta of 1.23. 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 plc has a twelve month low of $74.25 and a twelve month high of $113.95. The stock’s 50 day moving average is $100.67 and its 200-day moving average is $105.11.

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

Pentair Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Friday, May 1st. Investors of record on Friday, April 17th will be given a dividend of $0.27 per share. This represents a $1.08 dividend on an annualized basis and a dividend yield of 1.2%. The ex-dividend date of this dividend is Friday, April 17th. Pentair’s dividend payout ratio (DPR) is presently 27.27%.

Insider Transactions at Pentair

In other Pentair news, Director Michael T. Speetzen sold 7,000 shares of the stock in a transaction dated Wednesday, February 11th. The shares were sold at an average price of $99.99, for a total value of $699,930.00. Following the completion of the sale, the director owned 8,290 shares in the company, valued at approximately $828,917.10. This trade represents a 45.78% decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, EVP Philip M. Rolchigo sold 6,493 shares of the stock in a transaction dated Wednesday, February 25th. The shares were sold at an average price of $103.22, for a total transaction of $670,207.46. Following the completion of the sale, the executive vice president owned 29,096 shares of the company’s stock, valued at approximately $3,003,289.12. This trade represents a 18.24% decrease in their position. The disclosure for this sale is available in the SEC filing. 1.10% of the stock is owned by company insiders.

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.