Korea Investment CORP Decreases Stock Holdings in Pentair plc $PNR

Korea Investment CORP lowered its stake in Pentair plc (NYSE:PNR) by 28.1% during the third quarter, Holdings Channel.com reports. The fund owned 122,368 shares of the industrial products company’s stock after selling 47,903 shares during the quarter. Korea Investment CORP’s holdings in Pentair were worth $13,553,000 at the end of the most recent reporting period.

A number of other large investors also recently added to or reduced their stakes in the stock. Richardson Financial Services Inc. lifted its holdings in Pentair by 64.9% during the third quarter. Richardson Financial Services Inc. now owns 249 shares of the industrial products company’s stock valued at $28,000 after purchasing an additional 98 shares in the last quarter. First Horizon Advisors Inc. increased its stake 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 worth $35,000 after purchasing an additional 177 shares in the last quarter. Root Financial Partners LLC purchased a new stake in shares of Pentair during the third quarter worth about $41,000. CoreCap Advisors LLC raised its position in shares of Pentair by 58.8% during the 3rd quarter. CoreCap Advisors LLC now owns 405 shares of the industrial products company’s stock worth $45,000 after purchasing an additional 150 shares during the last quarter. Finally, CYBER HORNET ETFs LLC purchased a new position in Pentair in the 2nd quarter valued at about $45,000. 92.37% of the stock is currently owned by institutional investors and hedge funds.

Insider Activity at Pentair

In other news, Director Michael T. Speetzen sold 7,000 shares of Pentair stock in a transaction that occurred on Wednesday, February 11th. The shares were sold at an average price of $99.99, for a total transaction of $699,930.00. Following the sale, the director owned 8,290 shares of the company’s stock, valued at approximately $828,917.10. The trade was a 45.78% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, EVP Philip M. Rolchigo sold 6,493 shares of the stock in a transaction that occurred on 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. The trade was a 18.24% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. 1.10% of the stock is currently owned by insiders.

Analyst Upgrades and Downgrades

Several research firms have commented on PNR. Weiss Ratings reiterated a “buy (b-)” rating on shares of Pentair in a research note on Thursday, January 22nd. BNP Paribas Exane downgraded 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. Citigroup lowered their price target on Pentair from $126.00 to $120.00 and set a “buy” rating on the stock in a research note on Wednesday, February 4th. Oppenheimer reissued an “outperform” rating and issued a $122.00 price objective (down from $128.00) on shares of Pentair in a research note on Wednesday, February 4th. Finally, TD Cowen lowered Pentair from a “buy” rating to a “market perform” rating in a report on Monday, January 5th. Ten investment 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. According to MarketBeat, the company presently has a consensus rating of “Hold” and a consensus price target of $114.47.

Pentair Trading Up 0.8%

Shares of PNR stock opened at $90.86 on Thursday. 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 plc has a twelve month low of $74.25 and a twelve month high of $113.95. The company’s 50-day moving average price is $101.33 and its 200-day moving average price is $105.40. The stock has a market cap of $14.83 billion, a price-to-earnings ratio of 22.94, a PEG ratio of 1.60 and a beta of 1.23.

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 the consensus estimate of $1.17 by $0.01. Pentair had a net margin of 15.66% and a return on equity of 21.79%. The firm had revenue of $1.02 billion during the quarter, compared to analysts’ expectations of $1.01 billion. During the same period last year, the business earned $1.08 earnings per share. Pentair’s revenue was up 4.9% compared to the same quarter last year. 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, equities analysts predict that Pentair plc will post 4.77 earnings per share for the current year.

Pentair Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Friday, May 1st. Stockholders 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 dividend on an annualized basis and a dividend yield of 1.2%. Pentair’s dividend payout ratio (DPR) is currently 27.27%.

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.