Lighthouse Investment Partners LLC Lowers Holdings in Pentair plc $PNR

Lighthouse Investment Partners LLC reduced its position in Pentair plc (NYSE:PNR) by 42.4% during the 3rd quarter, according to its most recent filing with the SEC. The firm owned 38,893 shares of the industrial products company’s stock after selling 28,687 shares during the quarter. Lighthouse Investment Partners LLC’s holdings in Pentair were worth $4,308,000 as of its most recent filing with the SEC.

A number of other large investors also recently bought and sold shares of the company. Nordea Investment Management AB increased 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 acquiring an additional 1,800,669 shares during the period. Ameriprise Financial Inc. lifted its position in Pentair by 106.7% in the third quarter. Ameriprise Financial Inc. now owns 3,236,826 shares of the industrial products company’s stock valued at $358,521,000 after purchasing an additional 1,670,944 shares during the period. Valeo Financial Advisors LLC acquired a new stake in Pentair in the second quarter valued at about $102,945,000. 140 Summer Partners LP purchased a new stake in Pentair in the 3rd quarter valued at approximately $60,752,000. Finally, Panagora Asset Management Inc. increased its position in 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 worth $121,107,000 after purchasing an additional 514,571 shares during the period. Hedge funds and other institutional investors own 92.37% of the company’s stock.

Insider Activity

In related news, EVP Philip M. Rolchigo sold 6,493 shares of the business’s stock in a transaction dated Wednesday, February 25th. The shares were sold at an average price of $103.22, for a total value of $670,207.46. Following the sale, the executive vice president directly owned 29,096 shares in the company, valued at $3,003,289.12. The trade was a 18.24% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, 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 completion of the sale, the director directly owned 8,290 shares in the company, valued at approximately $828,917.10. The trade was a 45.78% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. 1.45% of the stock is owned by insiders.

Pentair Price Performance

Shares of NYSE:PNR opened at $88.77 on Tuesday. The firm has a market capitalization of $14.49 billion, a price-to-earnings ratio of 22.42, a price-to-earnings-growth ratio of 1.56 and a beta of 1.23. The company has a debt-to-equity ratio of 0.42, a current ratio of 1.61 and a quick ratio of 0.95. The business’s 50 day simple moving average is $100.39 and its 200-day simple moving average is $104.94. Pentair plc has a 12 month low of $74.25 and a 12 month high of $113.95.

Pentair (NYSE:PNR) last issued 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. The firm had revenue of $1.02 billion during the quarter, compared to analysts’ expectations of $1.01 billion. Pentair had a return on equity of 21.79% and a net margin of 15.66%.Pentair’s revenue was up 4.9% on a year-over-year basis. During the same period in the previous year, the firm 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. As a group, equities analysts forecast that Pentair plc will post 4.77 earnings per share for the current fiscal year.

Pentair Dividend Announcement

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 paid a dividend of $0.27 per share. This represents a $1.08 annualized dividend and a dividend yield of 1.2%. The ex-dividend date of this dividend is Friday, April 17th. Pentair’s payout ratio is 27.27%.

Wall Street Analysts Forecast Growth

A number of brokerages have recently issued reports on PNR. Oppenheimer reissued 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. Wolfe Research reaffirmed an “outperform” rating and set a $135.00 price objective on shares of Pentair in a report on Tuesday, December 9th. TD Cowen cut Pentair from a “buy” rating to a “market perform” rating in a research report on Monday, January 5th. Robert W. Baird set a $117.00 target price on Pentair in a report on Wednesday, February 4th. Finally, Citigroup decreased their target price on shares of Pentair from $126.00 to $120.00 and set a “buy” rating on the stock in a research report on Wednesday, February 4th. Ten analysts have rated the stock with a Buy rating, three have assigned a Hold rating and three have issued a Sell rating to the company’s stock. According to data from MarketBeat, Pentair currently has a consensus rating of “Hold” and an average target price 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.