Achmea Investment Management B.V. Has $15.59 Million Holdings in Pentair plc $PNR

Achmea Investment Management B.V. raised its position in shares of Pentair plc (NYSE:PNR) by 86.9% in the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 140,720 shares of the industrial products company’s stock after acquiring an additional 65,425 shares during the period. Achmea Investment Management B.V. owned approximately 0.09% of Pentair worth $15,586,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently made changes to their positions in the company. State Street Corp grew its holdings in Pentair by 5.9% in the 2nd quarter. State Street Corp now owns 8,970,940 shares of the industrial products company’s stock valued at $920,957,000 after buying an additional 501,506 shares in the last quarter. Ameriprise Financial Inc. grew its stake in shares of Pentair by 106.7% in the third quarter. Ameriprise Financial Inc. now owns 3,236,826 shares of the industrial products company’s stock valued at $358,521,000 after acquiring an additional 1,670,944 shares in the last quarter. Nordea Investment Management AB increased its position in Pentair by 173.6% during the third 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 during the period. Massachusetts Financial Services Co. MA increased its position in Pentair by 6.9% during the third 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 during the period. Finally, Northern Trust Corp raised its stake in Pentair by 0.9% in the 3rd quarter. Northern Trust Corp now owns 2,149,531 shares of the industrial products company’s stock worth $238,082,000 after purchasing an additional 18,716 shares in the last quarter. Institutional investors and hedge funds own 92.37% of the company’s stock.

Insiders Place Their Bets

In related news, Director Michael T. Speetzen sold 7,000 shares of Pentair 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 sale, 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 position. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, EVP Philip M. Rolchigo sold 6,493 shares of the company’s stock in a transaction that occurred on Wednesday, February 25th. The stock was sold at an average price of $103.22, for a total transaction of $670,207.46. Following the transaction, the executive vice president owned 29,096 shares of the company’s stock, valued at approximately $3,003,289.12. This represents a 18.24% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. 1.10% of the stock is currently owned by insiders.

Wall Street Analysts Forecast Growth

A number of research analysts have issued reports on the stock. Wall Street Zen upgraded shares of Pentair from a “hold” rating to a “buy” rating in a research report on Sunday, March 8th. Jefferies Financial Group reiterated a “hold” rating on shares of Pentair in a research report on Wednesday, February 4th. Weiss Ratings reiterated a “buy (b-)” rating on shares of Pentair in a research note on Thursday, January 22nd. Citigroup reduced their price target on Pentair from $126.00 to $120.00 and set a “buy” rating on the stock in a research report on Wednesday, February 4th. Finally, Barclays set a $102.00 price objective on Pentair in a report on Thursday, February 5th. Ten research analysts have rated the stock with a Buy rating, three have given a Hold rating and three have issued a Sell rating to the stock. According to data from MarketBeat.com, the company has an average rating of “Hold” and a consensus price target of $114.47.

Pentair Price Performance

Shares of NYSE:PNR opened at $88.31 on Thursday. The firm has a 50 day moving average of $99.86 and a 200-day moving average of $104.69. Pentair plc has a 12 month low of $74.25 and a 12 month high of $113.95. The company has a current ratio of 1.61, a quick ratio of 0.95 and a debt-to-equity ratio of 0.42. The stock has a market capitalization of $14.42 billion, a PE ratio of 22.30, a PEG ratio of 1.58 and a beta of 1.23.

Pentair (NYSE:PNR) last posted 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 net margin of 15.66% and a return on equity of 21.79%. The business had revenue of $1.02 billion for the quarter, compared to analyst estimates of $1.01 billion. During the same quarter last year, the business posted $1.08 EPS. The firm’s revenue for the quarter was up 4.9% on a year-over-year basis. 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 predict that Pentair plc will post 4.77 EPS for the current fiscal year.

Pentair Dividend Announcement

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