Pentair plc (NYSE:PNR) to Issue Quarterly Dividend of $0.27

Pentair plc (NYSE:PNR) declared a quarterly dividend on Monday, February 23rd. Stockholders 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 dividend yield of 1.1%. The ex-dividend date is Friday, April 17th.

Pentair has raised its dividend payment by an average of 0.1%per year over the last three years and has increased 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

PNR stock traded up $1.08 during mid-day trading on Tuesday, reaching $102.74. The company had a trading volume of 86,575 shares, compared to its average volume of 1,953,275. Pentair has a one year low of $74.25 and a one year high of $113.95. The stock has a market capitalization of $16.81 billion, a P/E ratio of 25.91, a P/E/G ratio of 1.81 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. The stock’s 50-day simple moving average is $103.35 and its two-hundred day simple moving average is $106.18.

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. Pentair had a return on equity of 21.79% and a net margin of 15.66%.During the same quarter in the prior year, the firm earned $1.08 earnings per share. The business’s 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. Research analysts anticipate that Pentair will post 4.77 EPS for the current year.

Insider Activity

In other news, Director Michael T. Speetzen sold 7,000 shares of the firm’s stock in a transaction on Wednesday, February 11th. The shares were sold at an average price of $99.99, for a total value of $699,930.00. Following the sale, the director owned 8,290 shares in the company, 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 legal filing with the SEC, which is accessible through this hyperlink. Also, Director T Michael Glenn sold 6,558 shares of the business’s stock in a transaction dated Monday, December 1st. The shares were sold at an average price of $104.33, for a total value of $684,196.14. Following 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. Additional details regarding this sale are available in the official SEC disclosure. Company insiders own 1.45% of the company’s stock.

Hedge Funds Weigh In On Pentair

Several hedge funds have recently added to or reduced their stakes in PNR. Annis Gardner Whiting Capital Advisors LLC grew its position in shares of Pentair by 71.4% during the 4th quarter. Annis Gardner Whiting Capital Advisors LLC now owns 252 shares of the industrial products company’s stock worth $26,000 after buying an additional 105 shares during the period. Wexford Capital LP bought a new position in Pentair in the third quarter valued at approximately $26,000. Motiv8 Investments LLC acquired a new stake in Pentair during the 4th quarter worth $27,000. Richardson Financial Services Inc. raised its position 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 valued at $28,000 after acquiring an additional 98 shares during the last quarter. Finally, First Horizon Advisors Inc. lifted its stake in shares of 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 purchasing an additional 177 shares during the period. 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.