Pentair plc $PNR Shares Sold by Grantham Mayo Van Otterloo & Co. LLC

Grantham Mayo Van Otterloo & Co. LLC trimmed its position in Pentair plc (NYSE:PNR) by 33.6% in the third quarter, Holdings Channel.com reports. The fund owned 37,096 shares of the industrial products company’s stock after selling 18,784 shares during the period. Grantham Mayo Van Otterloo & Co. LLC’s holdings in Pentair were worth $4,109,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors have also recently added to or reduced their stakes in the company. State Street Corp boosted its holdings in Pentair by 5.9% in the second 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 raised its holdings in shares of 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 purchasing an additional 1,800,669 shares during the period. Massachusetts Financial Services Co. MA raised its holdings in shares of Pentair by 6.9% during the third quarter. Massachusetts Financial Services Co. MA now owns 2,333,689 shares of the industrial products company’s stock worth $258,479,000 after purchasing an additional 149,858 shares during the period. ProShare Advisors LLC lifted its position in shares of Pentair by 9.5% in the 2nd quarter. ProShare Advisors LLC now owns 1,844,943 shares of the industrial products company’s stock worth $189,402,000 after buying an additional 159,438 shares during the last quarter. Finally, Ameriprise Financial Inc. boosted 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 valued at $160,751,000 after buying an additional 428,200 shares during the period. 92.37% of the stock is currently owned by institutional investors.

Insider Buying and Selling

In other Pentair news, EVP Philip M. Rolchigo sold 6,493 shares of the business’s stock in a transaction on Wednesday, February 25th. The stock was sold at an average price of $103.22, for a total transaction of $670,207.46. Following the completion of the transaction, the executive vice president owned 29,096 shares in the company, valued at approximately $3,003,289.12. The trade was a 18.24% decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, Director Michael T. Speetzen sold 7,000 shares of the stock in a transaction on Wednesday, February 11th. The stock was sold at an average price of $99.99, for a total value of $699,930.00. Following the completion of the transaction, the director directly owned 8,290 shares of the company’s stock, valued at approximately $828,917.10. The trade was a 45.78% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Corporate insiders own 1.45% of the company’s stock.

Pentair Stock Up 0.0%

PNR stock opened at $92.17 on Tuesday. The stock has a market cap of $15.05 billion, a PE ratio of 23.28, a price-to-earnings-growth ratio of 1.63 and a beta of 1.23. The firm’s 50-day simple moving average is $101.91 and its 200 day simple moving average is $105.63. Pentair plc has a fifty-two week low of $74.25 and a fifty-two week high of $113.95. 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 (NYSE:PNR) last posted its earnings results on Tuesday, February 3rd. The industrial products company reported $1.18 earnings per share (EPS) for the quarter, beating 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%. The firm had revenue of $1.02 billion during the quarter, compared to analyst estimates of $1.01 billion. During the same period in the previous year, the business posted $1.08 EPS. Pentair’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. As a group, sell-side analysts predict that Pentair plc will post 4.77 EPS for the current year.

Pentair Dividend Announcement

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

Analysts Set New Price Targets

A number of brokerages recently weighed in on PNR. Jefferies Financial Group reaffirmed a “hold” rating on shares of Pentair in a research report on Wednesday, February 4th. Wolfe Research restated an “outperform” rating and issued a $135.00 target price on shares of Pentair in a research note on Tuesday, December 9th. BNP Paribas Exane lowered Pentair from a “hold” rating to a “strong sell” rating and set a $90.00 target price for the company. in a report on Wednesday, January 7th. JPMorgan Chase & Co. dropped their price target on Pentair from $132.00 to $124.00 and set an “overweight” rating on the stock in a research report on Friday, January 16th. Finally, Weiss Ratings reissued a “buy (b-)” rating on shares of Pentair in a report on Thursday, January 22nd. Ten investment analysts have rated the stock with a Buy rating, three have given a Hold rating and three have issued a Sell rating to the company’s stock. According to MarketBeat, the stock has an average rating of “Hold” and a consensus target price of $114.47.

Pentair Company 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.