Michael Speetzen Sells 7,000 Shares of Pentair (NYSE:PNR) Stock

Pentair plc (NYSE:PNRGet Free Report) Director Michael Speetzen sold 7,000 shares of the company’s 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 completion of 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 available at this hyperlink.

Pentair Stock Performance

NYSE PNR opened at $101.43 on Friday. The company has a market capitalization of $16.60 billion, a price-to-earnings ratio of 25.61, a PEG ratio of 1.77 and a beta of 1.22. 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 plc has a twelve month low of $74.25 and a twelve month high of $113.95. The stock has a fifty day simple moving average of $103.77 and a 200 day simple moving average of $106.17.

Pentair (NYSE:PNRGet Free Report) last released its quarterly earnings results on Tuesday, February 3rd. The industrial products company reported $1.18 EPS for the quarter, beating analysts’ consensus estimates of $1.17 by $0.01. Pentair had a return on equity of 21.79% and a net margin of 15.66%.During the same period last year, the firm posted $1.08 EPS. Pentair’s quarterly 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. Sell-side analysts expect that Pentair plc will post 4.77 EPS for the current year.

Pentair Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, February 6th. Stockholders of record on Friday, January 23rd were paid a $0.27 dividend. The ex-dividend date of this dividend was Friday, January 23rd. This represents a $1.08 dividend on an annualized basis and a dividend yield of 1.1%. This is an increase from Pentair’s previous quarterly dividend of $0.25. Pentair’s payout ratio is currently 27.27%.

Institutional Inflows and Outflows

Hedge funds have recently made changes to their positions in the business. Nordea Investment Management AB grew its holdings in 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 buying an additional 1,800,669 shares in the last quarter. Ameriprise Financial Inc. boosted its holdings in Pentair by 106.7% during the 3rd quarter. Ameriprise Financial Inc. now owns 3,236,826 shares of the industrial products company’s stock worth $358,521,000 after acquiring an additional 1,670,944 shares during the last quarter. Valeo Financial Advisors LLC bought a new stake in shares of Pentair in the 2nd quarter worth $102,945,000. Assenagon Asset Management S.A. lifted its position in shares of Pentair by 1,690.9% during the fourth quarter. Assenagon Asset Management S.A. now owns 729,663 shares of the industrial products company’s stock valued at $75,987,000 after purchasing an additional 688,921 shares in the last quarter. Finally, 140 Summer Partners LP purchased a new position in Pentair during the third quarter worth about $60,752,000. 92.37% of the stock is currently owned by institutional investors and hedge funds.

More Pentair News

Here are the key news stories impacting Pentair this week:

Analyst Upgrades and Downgrades

Several research firms have recently weighed in on PNR. Wall Street Zen raised Pentair from a “hold” rating to a “buy” rating in a research report on Sunday, January 18th. BNP Paribas Exane lowered Pentair from a “hold” rating to a “strong sell” rating and set a $90.00 price target on the stock. in a research note on Wednesday, January 7th. Citigroup reduced their price objective on shares of Pentair from $126.00 to $120.00 and set a “buy” rating for the company in a research report on Wednesday, February 4th. Robert W. Baird set a $117.00 target price on shares of Pentair in a research note on Wednesday, February 4th. Finally, Wolfe Research reaffirmed an “outperform” rating and issued a $135.00 price target on shares of Pentair in a research note on Tuesday, December 9th. 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. Based on data from MarketBeat.com, the company presently has an average rating of “Hold” and a consensus target price of $114.47.

Get Our Latest Analysis on PNR

About Pentair

(Get Free Report)

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.

Further Reading

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