Pentair plc $PNR Shares Bought by Avanza Fonder AB

Avanza Fonder AB raised its stake in Pentair plc (NYSE:PNR) by 142.1% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 38,940 shares of the industrial products company’s stock after buying an additional 22,858 shares during the period. Avanza Fonder AB’s holdings in Pentair were worth $4,055,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently modified their holdings of PNR. Nordea Investment Management AB boosted its stake in shares of 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. Ameriprise Financial Inc. increased its stake 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 purchasing an additional 1,670,944 shares in the last quarter. Valeo Financial Advisors LLC purchased a new position in Pentair in the 2nd quarter valued at approximately $102,945,000. Assenagon Asset Management S.A. raised its holdings in Pentair by 1,690.9% during the fourth quarter. Assenagon Asset Management S.A. now owns 729,663 shares of the industrial products company’s stock worth $75,987,000 after purchasing an additional 688,921 shares during the last quarter. Finally, 140 Summer Partners LP acquired a new position in Pentair during the third quarter worth $60,752,000. 92.37% of the stock is currently owned by institutional investors and hedge funds.

Insider Transactions at Pentair

In other news, EVP Philip M. Rolchigo sold 6,493 shares of Pentair 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 directly owned 29,096 shares in the company, valued at $3,003,289.12. The trade was a 18.24% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Also, 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 completion of the transaction, the director directly owned 8,290 shares of the company’s stock, valued at approximately $828,917.10. This represents a 45.78% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders own 1.45% of the company’s stock.

Analysts Set New Price Targets

PNR has been the topic of several research reports. Wall Street Zen raised Pentair from a “hold” rating to a “buy” rating in a report on Sunday, March 8th. Weiss Ratings reaffirmed a “buy (b-)” rating on shares of Pentair in a research note on Thursday, January 22nd. Wolfe Research reiterated an “outperform” rating and issued a $135.00 price objective on shares of Pentair in a research report on Tuesday, December 9th. BNP Paribas Exane downgraded shares of Pentair from a “hold” rating to a “strong sell” rating and set a $90.00 target price for the company. in a report on Wednesday, January 7th. Finally, JPMorgan Chase & Co. cut their target price on shares of Pentair from $132.00 to $124.00 and set an “overweight” rating for the company in a research report on Friday, January 16th. Ten equities research analysts have rated the stock with a Buy rating, three have issued a Hold rating and three have assigned a Sell rating to the company. Based on data from MarketBeat, the company currently has a consensus rating of “Hold” and an average price target of $114.47.

Pentair Stock Performance

NYSE PNR opened at $87.63 on Wednesday. Pentair plc has a fifty-two week low of $74.25 and a fifty-two week high of $113.95. The stock has a market cap of $14.16 billion, a price-to-earnings ratio of 22.13, a price-to-earnings-growth ratio of 1.56 and a beta of 1.23. The business has a fifty day moving average of $98.63 and a 200-day moving average of $104.09. 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 posted its quarterly earnings data on Tuesday, February 3rd. The industrial products company reported $1.18 EPS 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 analyst estimates of $1.01 billion. Pentair had a return on equity of 21.79% and a net margin of 15.66%.The business’s revenue for the quarter was up 4.9% compared to the same quarter last year. During the same quarter last year, the company earned $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. As a group, analysts predict that Pentair plc will post 4.77 earnings per share for the current fiscal year.

Pentair Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Friday, May 1st. Shareholders of record on Friday, April 17th will be paid a dividend of $0.27 per share. This represents a $1.08 annualized dividend 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 currently 27.27%.

Pentair Company 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.