Intech Investment Management LLC Sells 6,798 Shares of Pentair plc $PNR

Intech Investment Management LLC reduced its holdings in shares of Pentair plc (NYSE:PNR) by 53.7% in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 5,867 shares of the industrial products company’s stock after selling 6,798 shares during the period. Intech Investment Management LLC’s holdings in Pentair were worth $650,000 as of its most recent SEC filing.

Other hedge funds have also recently made changes to their positions in the company. Nordea Investment Management AB lifted its holdings in shares of 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 worth $311,046,000 after purchasing an additional 1,800,669 shares in the last quarter. IMC Chicago LLC bought a new stake in Pentair during the 3rd quarter valued at $1,635,000. Envestnet Asset Management Inc. raised its holdings in Pentair by 93.6% during the third quarter. Envestnet Asset Management Inc. now owns 397,471 shares of the industrial products company’s stock worth $44,024,000 after buying an additional 192,125 shares during the last quarter. Truist Financial Corp lifted its stake in shares of Pentair by 287.4% in the third quarter. Truist Financial Corp now owns 58,548 shares of the industrial products company’s stock valued at $6,485,000 after buying an additional 43,433 shares in the last quarter. Finally, Massachusetts Financial Services Co. MA lifted its stake in shares of Pentair by 6.9% in the third 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 buying an additional 149,858 shares in the last quarter. 92.37% of the stock is owned by institutional investors.

Insiders Place Their Bets

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 value of $670,207.46. Following the transaction, the executive vice president 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 Securities & Exchange Commission, which is accessible through this link. 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 value 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 position. The SEC filing for this sale provides additional information. Company insiders own 1.45% of the company’s stock.

Pentair Stock Down 2.2%

Pentair stock opened at $90.15 on Wednesday. Pentair plc has a fifty-two week low of $74.25 and a fifty-two week high of $113.95. The company has a debt-to-equity ratio of 0.42, a quick ratio of 0.95 and a current ratio of 1.61. The firm’s 50-day simple moving average is $101.60 and its 200 day simple moving average is $105.50. The stock has a market cap of $14.72 billion, a PE ratio of 22.77, a price-to-earnings-growth ratio of 1.63 and a beta of 1.23.

Pentair (NYSE:PNR) last posted 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. Pentair had a net margin of 15.66% and a return on equity of 21.79%. The firm had revenue of $1.02 billion for the quarter, compared to analysts’ expectations of $1.01 billion. During the same quarter last year, the firm earned $1.08 EPS. The company’s quarterly revenue was up 4.9% compared to the same quarter last year. 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 predict that Pentair plc will post 4.77 EPS for the current fiscal year.

Pentair Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Friday, May 1st. Investors of record on Friday, April 17th will be issued a dividend of $0.27 per share. This represents a $1.08 dividend on an annualized basis and a yield of 1.2%. The ex-dividend date is Friday, April 17th. Pentair’s dividend payout ratio (DPR) is 27.27%.

Analysts Set New Price Targets

PNR has been the subject of several recent research reports. TD Cowen downgraded shares of Pentair from a “buy” rating to a “market perform” rating in a research report on Monday, January 5th. Weiss Ratings reaffirmed a “buy (b-)” rating on shares of Pentair in a research report on Thursday, January 22nd. Wolfe Research reiterated an “outperform” rating and set a $135.00 price target on shares of Pentair in a research note on Tuesday, December 9th. Citigroup decreased their price objective on Pentair from $126.00 to $120.00 and set a “buy” rating for the company in a report on Wednesday, February 4th. Finally, Jefferies Financial Group reissued a “hold” rating on shares of Pentair in a research note on Wednesday, February 4th. Ten analysts have rated the stock with a Buy rating, three have given a Hold rating and three have given a Sell rating to the stock. Based on data from MarketBeat, the company currently has a consensus rating of “Hold” and a consensus target price of $114.47.

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.