HighTower Advisors LLC Cuts Stock Position in Pentair plc $PNR

HighTower Advisors LLC trimmed its holdings in shares of Pentair plc (NYSE:PNR) by 19.5% in the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 38,780 shares of the industrial products company’s stock after selling 9,404 shares during the period. HighTower Advisors LLC’s holdings in Pentair were worth $4,295,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds also recently added to or reduced their stakes in the company. Richardson Financial Services Inc. boosted its position in shares of Pentair by 64.9% in the third quarter. Richardson Financial Services Inc. now owns 249 shares of the industrial products company’s stock worth $28,000 after buying an additional 98 shares during the period. First Horizon Advisors Inc. lifted its position in Pentair by 105.4% during the 2nd quarter. First Horizon Advisors Inc. now owns 345 shares of the industrial products company’s stock worth $35,000 after acquiring an additional 177 shares in the last quarter. Root Financial Partners LLC acquired a new position in Pentair during the 3rd quarter worth approximately $41,000. CYBER HORNET ETFs LLC purchased a new position in Pentair in the 2nd quarter worth approximately $45,000. Finally, CoreCap Advisors LLC grew its position in Pentair by 58.8% in the third quarter. CoreCap Advisors LLC now owns 405 shares of the industrial products company’s stock valued at $45,000 after acquiring an additional 150 shares in the last quarter. 92.37% of the stock is owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

Several research analysts have recently weighed in on PNR shares. Jefferies Financial Group restated a “hold” rating on shares of Pentair in a research note on Wednesday, February 4th. Wolfe Research reiterated an “outperform” rating and issued a $135.00 price objective on shares of Pentair in a report on Tuesday, December 9th. Royal Bank Of Canada set a $117.00 target price on Pentair in a research note on Wednesday, February 4th. Robert W. Baird set a $117.00 target price on Pentair in a research report on Wednesday, February 4th. Finally, TD Cowen downgraded Pentair from a “buy” rating to a “market perform” rating in a report on Monday, January 5th. Ten research analysts have rated the stock with a Buy rating, three have assigned a Hold rating and three have issued a Sell rating to the stock. According to MarketBeat, Pentair currently has an average rating of “Hold” and a consensus price target of $114.47.

Insider Buying and Selling at Pentair

In other Pentair news, Director T Michael Glenn sold 6,558 shares of the business’s stock in a transaction on Monday, December 1st. The shares were sold at an average price of $104.33, for a total transaction of $684,196.14. Following the completion of the sale, the director owned 31,192 shares in the company, valued at $3,254,261.36. The trade was a 17.37% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, Director Michael T. Speetzen sold 7,000 shares of the firm’s stock in a transaction dated Wednesday, February 11th. The stock was 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 in the company, valued at approximately $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. 1.45% of the stock is owned by insiders.

Pentair Stock Performance

Shares of Pentair stock opened at $103.05 on Wednesday. The company has a debt-to-equity ratio of 0.42, a quick ratio of 0.95 and a current ratio of 1.61. Pentair plc has a 1 year low of $74.25 and a 1 year high of $113.95. The firm’s 50-day simple moving average is $103.32 and its 200-day simple moving average is $106.18. The firm has a market cap of $16.86 billion, a PE ratio of 26.02, a price-to-earnings-growth ratio of 1.80 and a beta of 1.22.

Pentair (NYSE:PNR) last announced its quarterly earnings data on Tuesday, February 3rd. The industrial products company reported $1.18 earnings per share for the quarter, beating 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%.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 company earned $1.08 earnings per share. Pentair’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 analysts forecast that Pentair plc will post 4.77 earnings per share for the current fiscal year.

Pentair Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Friday, May 1st. Investors of record on Friday, April 17th will be paid a dividend of $0.27 per share. The ex-dividend date is Friday, April 17th. This represents a $1.08 annualized dividend and a yield of 1.0%. Pentair’s dividend payout ratio (DPR) is 27.27%.

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.