Fisher Asset Management LLC Has $12.61 Million Stock Holdings in Pentair plc $PNR

Fisher Asset Management LLC raised its position in Pentair plc (NYSE:PNR) by 21.5% during the third quarter, according to its most recent filing with the SEC. The firm owned 113,869 shares of the industrial products company’s stock after purchasing an additional 20,142 shares during the period. Fisher Asset Management LLC owned 0.07% of Pentair worth $12,612,000 as of its most recent filing with the SEC.

Other large investors also recently modified their holdings of the company. Richardson Financial Services Inc. grew its position in shares of Pentair by 64.9% during the 3rd quarter. Richardson Financial Services Inc. now owns 249 shares of the industrial products company’s stock worth $28,000 after buying an additional 98 shares during the period. First Horizon Advisors Inc. raised its holdings in shares of Pentair by 105.4% during the second quarter. First Horizon Advisors Inc. now owns 345 shares of the industrial products company’s stock valued at $35,000 after purchasing an additional 177 shares during the period. Root Financial Partners LLC bought a new position in shares of Pentair during the 3rd quarter worth about $41,000. CYBER HORNET ETFs LLC acquired a new stake in shares of Pentair in the 2nd quarter valued at about $45,000. Finally, CoreCap Advisors LLC increased its position in Pentair by 58.8% in the 3rd quarter. CoreCap Advisors LLC now owns 405 shares of the industrial products company’s stock valued at $45,000 after buying an additional 150 shares in the last quarter. 92.37% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

A number of brokerages recently issued reports on PNR. Jefferies Financial Group reiterated a “hold” rating on shares of Pentair in a report on Wednesday, February 4th. JPMorgan Chase & Co. reduced their target price on shares of Pentair from $132.00 to $124.00 and set an “overweight” rating for the company in a research note on Friday, January 16th. Oppenheimer reissued an “outperform” rating and set a $122.00 target price (down from $128.00) on shares of Pentair in a research report on Wednesday, February 4th. TD Cowen lowered Pentair from a “buy” rating to a “market perform” rating in a report on Monday, January 5th. Finally, BNP Paribas Exane lowered shares of Pentair from a “hold” rating to a “strong sell” rating and set a $90.00 price objective for the company. in a research note on Wednesday, January 7th. Ten investment analysts have rated the stock with a Buy rating, three have issued a Hold rating and three have given a Sell rating to the company’s stock. According to data from MarketBeat.com, the company has a consensus rating of “Hold” and a consensus price target of $114.47.

Pentair Trading Down 0.6%

NYSE PNR opened at $96.98 on Thursday. The firm has a market cap of $15.83 billion, a PE ratio of 24.49, a price-to-earnings-growth ratio of 1.73 and a beta of 1.23. Pentair plc has a 1-year low of $74.25 and a 1-year 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 50-day moving average of $102.64 and a 200-day moving average of $105.88.

Pentair (NYSE:PNR) last issued its quarterly earnings data on Tuesday, February 3rd. The industrial products company reported $1.18 EPS for the quarter, beating the consensus estimate of $1.17 by $0.01. The firm had revenue of $1.02 billion during the quarter, compared to the consensus estimate of $1.01 billion. Pentair had a net margin of 15.66% and a return on equity of 21.79%. The company’s quarterly revenue was up 4.9% compared to the same quarter last year. During the same period in the prior year, the firm 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. As a group, sell-side analysts forecast that Pentair plc will post 4.77 EPS for the current year.

Pentair Dividend Announcement

The firm also recently announced 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. The ex-dividend date is Friday, April 17th. This represents a $1.08 annualized dividend and a dividend yield of 1.1%. Pentair’s dividend payout ratio (DPR) is currently 27.27%.

Insider Buying and Selling at Pentair

In other Pentair news, Director Michael T. Speetzen sold 7,000 shares of the firm’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 completion of the transaction, the director owned 8,290 shares in the company, valued at $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 available through this link. Also, EVP Philip M. Rolchigo sold 6,493 shares of Pentair stock in a transaction 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 directly owned 29,096 shares of the company’s stock, valued at $3,003,289.12. The trade was a 18.24% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Company insiders own 1.10% of the company’s stock.

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.