BNP PARIBAS ASSET MANAGEMENT Holding S.A. Sells 11,600 Shares of Pentair plc $PNR

BNP PARIBAS ASSET MANAGEMENT Holding S.A. reduced its stake in shares of Pentair plc (NYSE:PNR) by 4.7% during the 3rd quarter, according to its most recent 13F filing with the SEC. The firm owned 232,764 shares of the industrial products company’s stock after selling 11,600 shares during the period. BNP PARIBAS ASSET MANAGEMENT Holding S.A. owned approximately 0.14% of Pentair worth $25,781,000 as of its most recent filing with the SEC.

Several other institutional investors and hedge funds also recently made changes to their positions in PNR. Richardson Financial Services Inc. increased its position in shares of Pentair by 64.9% during the third quarter. Richardson Financial Services Inc. now owns 249 shares of the industrial products company’s stock worth $28,000 after acquiring an additional 98 shares in the last quarter. First Horizon Advisors Inc. boosted its stake in Pentair by 105.4% in the 2nd quarter. First Horizon Advisors Inc. now owns 345 shares of the industrial products company’s stock worth $35,000 after purchasing an additional 177 shares during the period. Root Financial Partners LLC bought a new position in Pentair during the 3rd quarter worth about $41,000. CoreCap Advisors LLC increased its holdings in Pentair by 58.8% during the 3rd quarter. CoreCap Advisors LLC now owns 405 shares of the industrial products company’s stock worth $45,000 after purchasing an additional 150 shares in the last quarter. Finally, CYBER HORNET ETFs LLC acquired a new stake in shares of Pentair in the 2nd quarter valued at about $45,000. Institutional investors and hedge funds own 92.37% of the company’s stock.

Insider Activity

In other Pentair news, Director Michael T. Speetzen sold 7,000 shares of the business’s stock in a transaction that occurred on 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 owned 8,290 shares of the company’s stock, valued at $828,917.10. The trade was a 45.78% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. 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 value of $684,196.14. Following the completion of the sale, the director owned 31,192 shares in the company, valued at $3,254,261.36. This represents a 17.37% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Company insiders own 1.10% of the company’s stock.

Wall Street Analyst Weigh In

PNR has been the subject of several recent research reports. Weiss Ratings reaffirmed a “buy (b-)” rating on shares of Pentair in a research report on Thursday, January 22nd. Wall Street Zen upgraded Pentair from a “hold” rating to a “buy” rating in a research note on Sunday, January 18th. Barclays set a $102.00 price target on shares of Pentair in a research note on Thursday, February 5th. Oppenheimer reissued an “outperform” rating and issued a $122.00 price objective (down previously from $128.00) on shares of Pentair in a research report on Wednesday, February 4th. Finally, Jefferies Financial Group restated a “hold” rating on shares of Pentair in a report on Wednesday, February 4th. Ten analysts have rated the stock with a Buy rating, three have assigned a Hold rating and three have issued a Sell rating to the company. Based on data from MarketBeat, Pentair presently has a consensus rating of “Hold” and a consensus target price of $114.47.

Pentair Trading Down 1.3%

Shares of Pentair stock opened at $100.42 on Friday. The stock has a market cap of $16.43 billion, a P/E ratio of 25.36, a P/E/G ratio of 1.80 and a beta of 1.22. 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 12-month low of $74.25 and a 12-month high of $113.95. The business’s 50 day moving average is $103.50 and its 200-day moving average is $106.14.

Pentair (NYSE:PNR) last released its earnings results on Tuesday, February 3rd. The industrial products company reported $1.18 earnings per share for the quarter, beating 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%. During the same period in the previous year, the firm earned $1.08 earnings per share. The firm’s revenue for the quarter 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. Equities research analysts predict that Pentair plc will post 4.77 earnings per share for the current fiscal year.

Pentair Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, February 6th. Stockholders of record on Friday, January 23rd were issued 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 was Friday, January 23rd. This is a positive change from Pentair’s previous quarterly dividend of $0.25. Pentair’s payout ratio 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.