SG Americas Securities LLC Buys 44,787 Shares of Pentair plc $PNR

SG Americas Securities LLC grew its stake in shares of Pentair plc (NYSE:PNR) by 847.1% in the third quarter, Holdings Channel reports. The institutional investor owned 50,074 shares of the industrial products company’s stock after purchasing an additional 44,787 shares during the period. SG Americas Securities LLC’s holdings in Pentair were worth $5,546,000 as of its most recent filing with the SEC.

Other institutional investors have also added to or reduced their stakes in the company. Neuberger Berman Group LLC increased its stake in Pentair by 40.0% in the second quarter. Neuberger Berman Group LLC now owns 52,886 shares of the industrial products company’s stock valued at $5,429,000 after acquiring an additional 15,105 shares during the period. United Super Pty Ltd in its capacity as Trustee for the Construction & Building Unions Superannuation Fund acquired a new stake in shares of Pentair in the second quarter valued at $380,000. Valley National Advisers Inc. raised its stake in shares of Pentair by 46,124.4% in the third quarter. Valley National Advisers Inc. now owns 18,952 shares of the industrial products company’s stock worth $2,098,000 after acquiring an additional 18,911 shares during the last quarter. Vinva Investment Management Ltd raised its position in Pentair by 191.1% in the 2nd quarter. Vinva Investment Management Ltd now owns 11,151 shares of the industrial products company’s stock worth $1,155,000 after purchasing an additional 7,321 shares during the last quarter. Finally, Trium Capital LLP bought a new stake in shares of Pentair during the third quarter worth $1,388,000. 92.37% of the stock is owned by institutional investors and hedge funds.

Insider Buying and Selling

In other news, Director T Michael Glenn sold 6,558 shares of the company’s stock in a transaction that occurred on Monday, December 1st. The shares were sold at an average price of $104.33, for a total value of $684,196.14. Following the completion of the transaction, the director owned 31,192 shares in the company, valued at $3,254,261.36. This represents a 17.37% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Also, CFO Robert P. Fishman sold 7,786 shares of the stock in a transaction on Friday, November 14th. The stock was sold at an average price of $105.42, for a total transaction of $820,800.12. Following the sale, the chief financial officer directly owned 63,164 shares of the company’s stock, valued at $6,658,748.88. This represents a 10.97% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders own 1.10% of the company’s stock.

Analyst Upgrades and Downgrades

Several research analysts have recently issued reports on the stock. Weiss Ratings reaffirmed a “buy (b-)” rating on shares of Pentair in a research note on Wednesday, October 8th. UBS Group increased their price objective on shares of Pentair from $120.00 to $124.00 and gave the company a “buy” rating in a report on Wednesday, October 22nd. Jefferies Financial Group raised shares of Pentair from a “hold” rating to a “buy” rating and lifted their target price for the stock from $120.00 to $135.00 in a report on Wednesday, December 10th. BNP Paribas cut shares of Pentair from a “hold” rating to a “strong sell” rating and set a $90.00 target price for the company. in a research report on Wednesday. Finally, JPMorgan Chase & Co. increased their price target on Pentair from $116.00 to $126.00 and gave the company an “overweight” rating in a research note on Wednesday, October 15th. Two investment analysts have rated the stock with a Strong Buy rating, eleven have assigned a Buy rating, three have assigned a Hold rating and four have given a Sell rating to the company’s stock. According to data from MarketBeat, the company has a consensus rating of “Moderate Buy” and an average target price of $116.31.

Pentair Price Performance

PNR opened at $103.12 on Friday. The stock has a market cap of $16.88 billion, a P/E ratio of 26.17, a P/E/G ratio of 1.81 and a beta of 1.22. Pentair plc has a 12 month low of $74.25 and a 12 month high of $113.95. The company has a quick ratio of 0.82, a current ratio of 1.46 and a debt-to-equity ratio of 0.42. The company has a fifty day simple moving average of $104.97 and a 200 day simple moving average of $106.49.

Pentair (NYSE:PNR) last posted its earnings results on Tuesday, October 21st. The industrial products company reported $1.24 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.18 by $0.06. Pentair had a return on equity of 21.83% and a net margin of 15.84%.The firm had revenue of $1.02 billion during the quarter, compared to analysts’ expectations of $1 billion. During the same period in the previous year, the firm earned $1.09 earnings per share. The company’s revenue was up 2.9% on a year-over-year basis. Pentair has set its Q4 2025 guidance at 1.110-1.160 EPS and its FY 2025 guidance at 4.850-4.900 EPS. On average, research analysts expect that Pentair plc will post 4.77 EPS for the current year.

Pentair Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Friday, February 6th. Investors of record on Friday, January 23rd will be paid a dividend of $0.27 per share. This represents a $1.08 dividend on an annualized basis and a yield of 1.0%. The ex-dividend date of this dividend is Friday, January 23rd. This is a positive change from Pentair’s previous quarterly dividend of $0.25. Pentair’s dividend payout ratio (DPR) is currently 25.38%.

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.