Neo Ivy Capital Management Makes New Investment in Pentair plc $PNR

Neo Ivy Capital Management bought a new position in shares of Pentair plc (NYSE:PNR) during the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor bought 5,434 shares of the industrial products company’s stock, valued at approximately $602,000.

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

Pentair Stock Down 3.9%

Shares of NYSE:PNR opened at $92.25 on Friday. Pentair plc has a 52 week low of $74.25 and a 52 week high of $113.95. The company has a debt-to-equity ratio of 0.42, a quick ratio of 0.95 and a current ratio of 1.61. The company has a market capitalization of $15.06 billion, a PE ratio of 23.30, a PEG ratio of 1.63 and a beta of 1.23. The company has a 50 day moving average price of $102.18 and a two-hundred day moving average price of $105.71.

Pentair (NYSE:PNR) last posted its earnings results on Tuesday, February 3rd. The industrial products company reported $1.18 earnings per share for the quarter, topping the consensus estimate of $1.17 by $0.01. The company had revenue of $1.02 billion for the quarter, compared to analyst estimates of $1.01 billion. Pentair had a net margin of 15.66% and a return on equity of 21.79%. The business’s revenue for the quarter was up 4.9% compared to the same quarter last year. During the same period last year, the business 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. Analysts forecast that Pentair plc will post 4.77 earnings per share for the current year.

Pentair Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Friday, May 1st. Shareholders of record on Friday, April 17th will be issued a dividend of $0.27 per share. The ex-dividend date is Friday, April 17th. This represents a $1.08 annualized dividend and a yield of 1.2%. Pentair’s payout ratio is currently 27.27%.

Analysts Set New Price Targets

PNR has been the topic of several research analyst reports. Royal Bank Of Canada set a $117.00 price target on shares of Pentair in a research note on Wednesday, February 4th. Wolfe Research restated an “outperform” rating and issued a $135.00 price objective on shares of Pentair in a research report on Tuesday, December 9th. Robert W. Baird set a $117.00 price objective on Pentair in a report on Wednesday, February 4th. Citigroup decreased their price objective on Pentair from $126.00 to $120.00 and set a “buy” rating on the stock in a research report on Wednesday, February 4th. Finally, Jefferies Financial Group reissued a “hold” rating on shares of Pentair in a research note on Wednesday, February 4th. Ten analysts have rated the stock with a Buy rating, three have given a Hold rating and three have issued a Sell rating to the company’s stock. According to MarketBeat, Pentair currently has a consensus rating of “Hold” and a consensus target price of $114.47.

Insider Transactions at Pentair

In other news, EVP Philip M. Rolchigo sold 6,493 shares of the firm’s stock in a transaction dated Wednesday, February 25th. The stock was sold at an average price of $103.22, for a total transaction of $670,207.46. Following the sale, the executive vice president owned 29,096 shares of the company’s stock, valued at $3,003,289.12. This trade represents a 18.24% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, Director Michael T. Speetzen sold 7,000 shares of Pentair stock in a transaction dated Wednesday, February 11th. The shares were sold at an average price of $99.99, for a total value of $699,930.00. Following 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 disclosure for this sale is available in the SEC filing. 1.10% of the stock is currently owned by 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.