J. Safra Sarasin Holding AG boosted its stake in shares of Pentair plc (NYSE:PNR – Free Report) by 132.4% in the fourth quarter, HoldingsChannel reports. The firm owned 18,561 shares of the industrial products company’s stock after purchasing an additional 10,575 shares during the quarter. J. Safra Sarasin Holding AG’s holdings in Pentair were worth $1,933,000 as of its most recent filing with the Securities and Exchange Commission (SEC).
A number of other institutional investors have also recently added to or reduced their stakes in PNR. Avanza Fonder AB grew its position in shares of Pentair by 142.1% during the fourth quarter. Avanza Fonder AB now owns 38,940 shares of the industrial products company’s stock worth $4,055,000 after acquiring an additional 22,858 shares during the last quarter. Nordea Investment Management AB lifted its position in Pentair by 173.6% in the 3rd quarter. Nordea Investment Management AB now owns 2,837,753 shares of the industrial products company’s stock valued at $311,046,000 after purchasing an additional 1,800,669 shares during the last quarter. IMC Chicago LLC acquired a new position in Pentair during the 3rd quarter valued at about $1,635,000. Envestnet Asset Management Inc. boosted its stake in Pentair by 93.6% during the 3rd quarter. Envestnet Asset Management Inc. now owns 397,471 shares of the industrial products company’s stock valued at $44,024,000 after purchasing an additional 192,125 shares during the period. Finally, Clean Energy Transition LLP grew its position in Pentair by 26.7% in the 3rd quarter. Clean Energy Transition LLP now owns 313,005 shares of the industrial products company’s stock worth $34,668,000 after purchasing an additional 66,036 shares during the last quarter. 92.37% of the stock is currently owned by institutional investors.
Wall Street Analysts Forecast Growth
PNR has been the topic of several analyst reports. Weiss Ratings restated a “buy (b-)” rating on shares of Pentair in a research note on Thursday, January 22nd. Wolfe Research reiterated an “outperform” rating and set a $135.00 price objective on shares of Pentair in a research report on Tuesday, December 9th. BNP Paribas Exane lowered Pentair from a “hold” rating to a “strong sell” rating and set a $90.00 price objective for the company. in a report on Wednesday, January 7th. Barclays set a $102.00 target price on Pentair in a research report on Thursday, February 5th. Finally, TD Cowen lowered Pentair from a “buy” rating to a “market perform” rating in a research report on Monday, January 5th. Eleven research analysts have rated the stock with a Buy rating, two have assigned a Hold rating and three have issued a Sell rating to the company. Based on data from MarketBeat.com, Pentair currently has an average rating of “Moderate Buy” and a consensus price target of $113.80.
Pentair Trading Up 3.7%
Shares of NYSE:PNR opened at $87.10 on Wednesday. The company has a 50 day moving average of $96.62 and a 200-day moving average of $103.22. The company has a current ratio of 1.61, a quick ratio of 0.95 and a debt-to-equity ratio of 0.42. The firm has a market cap of $14.07 billion, a P/E ratio of 21.99, a P/E/G ratio of 1.49 and a beta of 1.23. Pentair plc has a twelve month low of $74.25 and a twelve month high of $113.95.
Pentair (NYSE:PNR – Get Free Report) last announced its earnings results on Tuesday, February 3rd. The industrial products company reported $1.18 EPS for the quarter, topping the consensus estimate of $1.17 by $0.01. The firm had revenue of $1.02 billion for the quarter, compared to analysts’ expectations of $1.01 billion. Pentair had a return on equity of 21.79% and a net margin of 15.66%.The firm’s quarterly revenue was up 4.9% compared to the same quarter last year. During the same quarter in the previous year, the company earned $1.08 earnings per share. 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, analysts anticipate 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. Stockholders of record on Friday, April 17th will be paid a $0.27 dividend. This represents a $1.08 dividend on an annualized basis and a dividend yield of 1.2%. The ex-dividend date of this dividend is Friday, April 17th. Pentair’s payout ratio is currently 27.27%.
Insider Activity
In other Pentair news, EVP Philip M. Rolchigo sold 6,493 shares of the business’s stock in a transaction dated Wednesday, February 25th. The shares were sold at an average price of $103.22, for a total value of $670,207.46. Following the sale, the executive vice president directly owned 29,096 shares in the company, valued at approximately $3,003,289.12. The trade was a 18.24% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. 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 of the company’s stock, valued at $828,917.10. The trade was 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 1.26% of the company’s stock.
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.
See Also
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