Alliancebernstein L.P. Has $154.32 Million Stock Position in Pentair plc $PNR

Alliancebernstein L.P. lowered its holdings in shares of Pentair plc (NYSE:PNR) by 46.6% in the 3rd quarter, according to its most recent disclosure with the SEC. The fund owned 1,393,269 shares of the industrial products company’s stock after selling 1,217,896 shares during the period. Alliancebernstein L.P. owned about 0.85% of Pentair worth $154,318,000 as of its most recent SEC filing.

Other hedge funds also recently modified their holdings of the company. Richardson Financial Services Inc. lifted its holdings in 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. Root Financial Partners LLC acquired a new position in shares of Pentair in the third quarter worth approximately $41,000. CoreCap Advisors LLC boosted its holdings in Pentair by 58.8% in the third quarter. CoreCap Advisors LLC now owns 405 shares of the industrial products company’s stock valued at $45,000 after acquiring an additional 150 shares during the last quarter. CYBER HORNET ETFs LLC acquired a new stake in Pentair during the 2nd quarter valued at approximately $45,000. Finally, Clearstead Advisors LLC raised its holdings in Pentair by 86.4% during the 3rd quarter. Clearstead Advisors LLC now owns 440 shares of the industrial products company’s stock worth $49,000 after purchasing an additional 204 shares during the last quarter. Institutional investors and hedge funds own 92.37% of the company’s stock.

Pentair Trading Up 0.5%

PNR opened at $88.77 on Tuesday. The company has a fifty day moving average price of $100.39 and a two-hundred day moving average price of $104.94. Pentair plc has a 1-year low of $74.25 and a 1-year high of $113.95. The company has a market cap of $14.49 billion, a P/E ratio of 22.42, a price-to-earnings-growth ratio of 1.56 and a beta of 1.23. The company has a current ratio of 1.61, a quick ratio of 0.95 and a debt-to-equity ratio of 0.42.

Pentair (NYSE:PNR) last released its quarterly earnings data on Tuesday, February 3rd. The industrial products company reported $1.18 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.17 by $0.01. Pentair had a net margin of 15.66% and a return on equity of 21.79%. The company had revenue of $1.02 billion for the quarter, compared to analysts’ expectations of $1.01 billion. During the same quarter in the prior year, the firm earned $1.08 EPS. The business’s revenue 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. Analysts predict that Pentair plc will post 4.77 EPS for the current fiscal year.

Pentair Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Friday, May 1st. Stockholders 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 is presently 27.27%.

Wall Street Analyst Weigh In

A number of equities research analysts have recently commented on PNR shares. Jefferies Financial Group reaffirmed a “hold” rating on shares of Pentair in a research note on Wednesday, February 4th. JPMorgan Chase & Co. decreased their price target on Pentair from $132.00 to $124.00 and set an “overweight” rating for the company in a report on Friday, January 16th. Citigroup dropped their price objective on Pentair from $126.00 to $120.00 and set a “buy” rating on the stock in a research note on Wednesday, February 4th. BNP Paribas Exane lowered Pentair from a “hold” rating to a “strong sell” rating and set a $90.00 target price on the stock. in a research report on Wednesday, January 7th. Finally, Oppenheimer reaffirmed an “outperform” rating and set a $122.00 target price (down from $128.00) on shares of Pentair in a research note on Wednesday, February 4th. Ten equities research analysts have rated the stock with a Buy rating, three have assigned a Hold rating and three have given a Sell rating to the company. According to MarketBeat.com, the stock has an average rating of “Hold” and an average target price of $114.47.

Insiders Place Their Bets

In other Pentair news, EVP Philip M. Rolchigo sold 6,493 shares of the business’s stock in a transaction on 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 in the company, valued at approximately $3,003,289.12. The trade was a 18.24% decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, Director Michael T. Speetzen sold 7,000 shares of the company’s stock in a transaction 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 in the company, valued at approximately $828,917.10. The trade was a 45.78% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. 1.45% 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.