Pentair plc $PNR Shares Sold by Victory Capital Management Inc.

Victory Capital Management Inc. lessened its holdings in shares of Pentair plc (NYSE:PNR) by 27.6% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 266,630 shares of the industrial products company’s stock after selling 101,599 shares during the period. Victory Capital Management Inc. owned approximately 0.16% of Pentair worth $29,532,000 as of its most recent SEC filing.

Other large investors have also recently bought and sold shares of the company. State Street Corp grew its stake in shares of Pentair by 5.9% during the 2nd quarter. State Street Corp now owns 8,970,940 shares of the industrial products company’s stock worth $920,957,000 after purchasing an additional 501,506 shares during the period. Nordea Investment Management AB increased its holdings in Pentair by 173.6% in the third quarter. Nordea Investment Management AB now owns 2,837,753 shares of the industrial products company’s stock valued at $311,046,000 after buying an additional 1,800,669 shares in the last quarter. Massachusetts Financial Services Co. MA lifted its position in shares of Pentair by 6.9% during the 3rd quarter. Massachusetts Financial Services Co. MA now owns 2,333,689 shares of the industrial products company’s stock valued at $258,479,000 after acquiring an additional 149,858 shares during the period. ProShare Advisors LLC boosted its stake in shares of Pentair by 9.5% during the 2nd quarter. ProShare Advisors LLC now owns 1,844,943 shares of the industrial products company’s stock worth $189,402,000 after acquiring an additional 159,438 shares in the last quarter. Finally, Ameriprise Financial Inc. grew its holdings in shares of Pentair by 37.6% in the 2nd quarter. Ameriprise Financial Inc. now owns 1,565,882 shares of the industrial products company’s stock worth $160,751,000 after acquiring an additional 428,200 shares during the period. Hedge funds and other institutional investors own 92.37% of the company’s stock.

Analyst Ratings Changes

Several research analysts have recently issued reports on PNR shares. Weiss Ratings reaffirmed a “buy (b-)” rating on shares of Pentair in a research note on Thursday, January 22nd. TD Cowen lowered shares of Pentair from a “buy” rating to a “market perform” rating in a report on Monday, January 5th. Wolfe Research reiterated an “outperform” rating and set a $135.00 price target on shares of Pentair in a report on Tuesday, December 9th. Royal Bank Of Canada set a $117.00 price objective on shares of Pentair in a research report on Wednesday, February 4th. Finally, Oppenheimer reiterated an “outperform” rating and issued a $122.00 target price (down from $128.00) on shares of Pentair in a research note on Wednesday, February 4th. Ten equities research analysts have rated the stock with a Buy rating, three have given a Hold rating and three have assigned a Sell rating to the company. Based on data from MarketBeat.com, Pentair has an average rating of “Hold” and an average target price of $114.47.

Insider Buying and Selling

In other news, EVP Philip M. Rolchigo sold 6,493 shares of the business’s stock in a transaction on Wednesday, February 25th. The shares were sold at an average price of $103.22, for a total transaction of $670,207.46. Following the transaction, the executive vice president directly owned 29,096 shares of the company’s stock, valued at approximately $3,003,289.12. The trade was a 18.24% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, Director Michael T. Speetzen sold 7,000 shares of the company’s stock in a transaction 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 $828,917.10. This trade represents a 45.78% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Company insiders own 1.10% of the company’s stock.

Pentair Stock Down 3.9%

Shares of Pentair stock opened at $92.25 on Monday. The company has a fifty day moving average price of $102.18 and a 200 day moving average price of $105.71. The company has a current ratio of 1.61, a quick ratio of 0.95 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 market cap of $15.06 billion, a price-to-earnings ratio of 23.30, a price-to-earnings-growth ratio of 1.63 and a beta of 1.23.

Pentair (NYSE:PNR) last issued its quarterly earnings data on Tuesday, February 3rd. The industrial products company reported $1.18 EPS for the quarter, topping 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%.The company had revenue of $1.02 billion for the quarter, compared to analysts’ expectations of $1.01 billion. During the same quarter in the previous year, the firm posted $1.08 earnings per share. The firm’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. Equities research analysts forecast that Pentair plc will post 4.77 earnings per share for the current fiscal year.

Pentair Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Friday, May 1st. Shareholders of record on Friday, April 17th will be given a $0.27 dividend. The ex-dividend date of this dividend is Friday, April 17th. This represents a $1.08 annualized dividend and a yield of 1.2%. Pentair’s dividend payout ratio (DPR) is 27.27%.

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.