Pentair plc (NYSE:PNR) Announces $0.27 Quarterly Dividend

Pentair plc (NYSE:PNR) announced a quarterly dividend on Monday, February 23rd. Shareholders of record on Friday, April 17th will be given a dividend of 0.27 per share by the industrial products company on Friday, May 1st. This represents a c) annualized dividend and a yield of 1.1%. The ex-dividend date is Friday, April 17th.

Pentair has increased its dividend by an average of 0.1%annually over the last three years and has raised its dividend annually for the last 7 consecutive years. Pentair has a dividend payout ratio of 20.6% indicating that its dividend is sufficiently covered by earnings. Equities research analysts expect Pentair to earn $5.27 per share next year, which means the company should continue to be able to cover its $1.08 annual dividend with an expected future payout ratio of 20.5%.

Pentair Stock Performance

Pentair stock traded up $0.75 during mid-day trading on Tuesday, reaching $102.41. 69,493 shares of the company’s stock were exchanged, compared to its average volume of 1,953,275. The business’s fifty day simple moving average is $103.35 and its 200 day simple moving average is $106.18. 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 has a one year low of $74.25 and a one year high of $113.95. The firm has a market capitalization of $16.76 billion, a PE ratio of 25.81, a P/E/G ratio of 1.81 and a beta of 1.22.

Pentair (NYSE:PNR) last issued its quarterly earnings results on Tuesday, February 3rd. The industrial products company reported $1.18 earnings per share for the quarter, topping analysts’ consensus estimates of $1.17 by $0.01. Pentair had a net margin of 15.66% and a return on equity of 21.79%. During the same period in the prior year, the company posted $1.08 EPS. The firm’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. On average, sell-side analysts expect that Pentair will post 4.77 earnings per share for the current year.

Insider Activity

In other Pentair news, Director T Michael Glenn sold 6,558 shares of the stock in a transaction that occurred on Monday, December 1st. The stock was sold at an average price of $104.33, for a total transaction of $684,196.14. Following the transaction, the director owned 31,192 shares in the company, valued at $3,254,261.36. This trade represents a 17.37% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. Also, Director Michael T. Speetzen sold 7,000 shares of the company’s 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 position. The SEC filing for this sale provides additional information. 1.45% of the stock is owned by corporate insiders.

Hedge Funds Weigh In On Pentair

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in PNR. Wexford Capital LP bought a new stake in Pentair in the 3rd quarter valued at $26,000. Richardson Financial Services Inc. increased its stake in shares of Pentair by 64.9% during the 3rd quarter. Richardson Financial Services Inc. now owns 249 shares of the industrial products company’s stock worth $28,000 after purchasing an additional 98 shares during the last quarter. Annis Gardner Whiting Capital Advisors LLC raised its stake in Pentair by 71.4% in the fourth quarter. Annis Gardner Whiting Capital Advisors LLC now owns 252 shares of the industrial products company’s stock valued at $26,000 after buying an additional 105 shares during the period. Motiv8 Investments LLC acquired a new stake in Pentair during the 4th quarter valued at $27,000. Finally, First Horizon Advisors Inc. grew its stake in Pentair by 105.4% in the 2nd quarter. First Horizon Advisors Inc. now owns 345 shares of the industrial products company’s stock valued at $35,000 after buying an additional 177 shares during the last quarter. Institutional investors own 92.37% of the company’s stock.

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.