Robeco Schweiz AG lowered its stake in shares of Pentair plc (NYSE:PNR – Free Report) by 23.4% during the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 430,801 shares of the industrial products company’s stock after selling 131,881 shares during the period. Robeco Schweiz AG owned 0.26% of Pentair worth $47,716,000 as of its most recent SEC filing.
Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Quent Capital LLC purchased a new position in shares of Pentair during the third quarter valued at approximately $62,000. Nordea Investment Management AB grew its holdings in Pentair by 173.6% in the 3rd quarter. Nordea Investment Management AB now owns 2,837,753 shares of the industrial products company’s stock valued at $311,046,000 after buying an additional 1,800,669 shares during the period. New York State Teachers Retirement System increased its stake in shares of Pentair by 4.5% during the 3rd quarter. New York State Teachers Retirement System now owns 159,072 shares of the industrial products company’s stock valued at $17,619,000 after acquiring an additional 6,833 shares during the last quarter. Bayforest Capital Ltd purchased a new position in shares of Pentair during the 3rd quarter worth about $173,000. Finally, Forum Financial Management LP boosted its position in shares of Pentair by 16.4% in the third quarter. Forum Financial Management LP now owns 3,756 shares of the industrial products company’s stock worth $416,000 after acquiring an additional 530 shares during the last quarter. 92.37% of the stock is currently owned by hedge funds and other institutional investors.
Wall Street Analysts Forecast Growth
A number of equities analysts have weighed in on PNR shares. Royal Bank Of Canada increased their price target on shares of Pentair from $121.00 to $124.00 and gave the stock an “outperform” rating in a research note on Wednesday, October 22nd. Weiss Ratings restated a “buy (b-)” rating on shares of Pentair in a report on Wednesday, October 8th. Citigroup reduced their target price on Pentair from $135.00 to $126.00 and set a “buy” rating on the stock in a report on Monday. Oppenheimer upped their price target on Pentair from $124.00 to $128.00 and gave the stock an “outperform” rating in a research note on Thursday, November 20th. Finally, BNP Paribas downgraded Pentair from a “hold” rating to a “strong sell” rating and set a $90.00 price objective on the stock. in a report on Wednesday, January 7th. Two equities research analysts have rated the stock with a Strong Buy rating, eleven have assigned a Buy rating, three have assigned a Hold rating and four have assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $115.88.
Insider Transactions at Pentair
In other Pentair news, Director T Michael Glenn sold 6,558 shares of the company’s stock in a transaction dated 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 transaction, the director owned 31,192 shares in the company, valued at approximately $3,254,261.36. This represents a 17.37% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, CFO Robert P. Fishman sold 7,786 shares of the stock in a transaction on Friday, November 14th. The stock was sold at an average price of $105.42, for a total value of $820,800.12. Following the completion of the transaction, the chief financial officer directly owned 63,164 shares of the company’s stock, valued at approximately $6,658,748.88. The trade was a 10.97% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Corporate insiders own 1.45% of the company’s stock.
Pentair Stock Performance
Shares of NYSE:PNR opened at $103.17 on Wednesday. The business’s 50-day simple moving average is $104.81 and its 200 day simple moving average is $106.53. The company has a market cap of $16.88 billion, a P/E ratio of 26.18, a PEG ratio of 1.81 and a beta of 1.22. The company has a debt-to-equity ratio of 0.42, a quick ratio of 0.82 and a current ratio of 1.46. Pentair plc has a one year low of $74.25 and a one year high of $113.95.
Pentair (NYSE:PNR – Get Free Report) last posted its quarterly earnings data on Tuesday, October 21st. The industrial products company reported $1.24 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.18 by $0.06. The company had revenue of $1.02 billion for the quarter, compared to analyst estimates of $1 billion. Pentair had a net margin of 15.84% and a return on equity of 21.83%. The business’s quarterly revenue was up 2.9% on a year-over-year basis. During the same quarter last year, the firm posted $1.09 earnings per share. Pentair has set its Q4 2025 guidance at 1.110-1.160 EPS and its FY 2025 guidance at 4.850-4.900 EPS. On average, sell-side analysts forecast that Pentair plc will post 4.77 earnings per share for the current fiscal year.
Pentair Increases Dividend
The firm also recently declared a quarterly dividend, which will be paid on Friday, February 6th. Investors of record on Friday, January 23rd will be paid a $0.27 dividend. This represents a $1.08 annualized dividend and a dividend yield of 1.0%. This is a positive change from Pentair’s previous quarterly dividend of $0.25. The ex-dividend date is Friday, January 23rd. Pentair’s payout ratio is presently 25.38%.
About Pentair
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.
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