Pentair plc $PNR Shares Sold by Grantham Mayo Van Otterloo & Co. LLC

Grantham Mayo Van Otterloo & Co. LLC reduced its stake in Pentair plc (NYSE:PNR) by 33.6% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 37,096 shares of the industrial products company’s stock after selling 18,784 shares during the period. Grantham Mayo Van Otterloo & Co. LLC’s holdings in Pentair were worth $4,109,000 at the end of the most recent reporting period.

Several other hedge funds also recently added to or reduced their stakes in the stock. Nordea Investment Management AB lifted its stake in shares of Pentair by 173.6% during the third quarter. Nordea Investment Management AB now owns 2,837,753 shares of the industrial products company’s stock worth $311,046,000 after purchasing an additional 1,800,669 shares in the last quarter. Valeo Financial Advisors LLC purchased a new stake in shares of Pentair during the 2nd quarter valued at about $102,945,000. Panagora Asset Management Inc. raised its holdings in shares of Pentair by 77.4% during the 2nd quarter. Panagora Asset Management Inc. now owns 1,179,687 shares of the industrial products company’s stock valued at $121,107,000 after buying an additional 514,571 shares during the period. State Street Corp lifted its position in Pentair by 5.9% during the 2nd quarter. State Street Corp now owns 8,970,940 shares of the industrial products company’s stock worth $920,957,000 after acquiring an additional 501,506 shares in the last quarter. Finally, Pacer Advisors Inc. lifted its position in Pentair by 3,428.7% during the 3rd quarter. Pacer Advisors Inc. now owns 512,402 shares of the industrial products company’s stock worth $56,754,000 after acquiring an additional 497,881 shares in the last quarter. 92.37% of the stock is owned by hedge funds and other institutional investors.

Pentair Price Performance

PNR stock opened at $92.17 on Tuesday. The stock’s 50 day moving average is $101.91 and its two-hundred day moving average is $105.63. Pentair plc has a 52-week low of $74.25 and a 52-week high of $113.95. The company has a market capitalization of $15.05 billion, a PE ratio of 23.28, a P/E/G ratio of 1.63 and a beta of 1.23. 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 (NYSE:PNR) last released its earnings results 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. Pentair had a return on equity of 21.79% and a net margin of 15.66%.The company had revenue of $1.02 billion during the quarter, compared to analysts’ expectations of $1.01 billion. During the same period in the prior year, the business posted $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 earnings per share for the current fiscal year.

Pentair Announces Dividend

The business also recently disclosed 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. This represents a $1.08 annualized dividend and a yield of 1.2%. The ex-dividend date of this dividend is Friday, April 17th. Pentair’s dividend payout ratio (DPR) is currently 27.27%.

Insider Buying and Selling at Pentair

In other news, Director Michael T. Speetzen sold 7,000 shares of the stock in a transaction dated Wednesday, February 11th. The shares were 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 approximately $828,917.10. This trade represents a 45.78% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, EVP Philip M. Rolchigo sold 6,493 shares of Pentair stock in a transaction dated Wednesday, February 25th. The stock was sold at an average price of $103.22, for a total value of $670,207.46. Following the completion of the transaction, 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 disclosure for this sale is available in the SEC filing. 1.45% of the stock is owned by company insiders.

Wall Street Analyst Weigh In

Several brokerages have issued reports on PNR. Wall Street Zen raised shares of Pentair from a “hold” rating to a “buy” rating in a research report on Sunday. Wolfe Research reissued an “outperform” rating and set a $135.00 target price on shares of Pentair in a research report on Tuesday, December 9th. Royal Bank Of Canada set a $117.00 target price on shares of Pentair in a research note on Wednesday, February 4th. Citigroup lowered their price target on shares of Pentair from $126.00 to $120.00 and set a “buy” rating for the company in a report on Wednesday, February 4th. Finally, Barclays set a $102.00 price objective on shares of Pentair in a report on Thursday, February 5th. Ten equities research analysts have rated the stock with a Buy rating, three have issued a Hold rating and three have issued a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and an average price target of $114.47.

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.