Daiwa Securities Group Inc. Buys 8,910 Shares of Pentair plc $PNR

Daiwa Securities Group Inc. raised its stake in shares of Pentair plc (NYSE:PNR) by 10.6% in the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 93,014 shares of the industrial products company’s stock after buying an additional 8,910 shares during the quarter. Daiwa Securities Group Inc.’s holdings in Pentair were worth $9,549,000 at the end of the most recent reporting period.

A number of other hedge funds have also modified their holdings of PNR. Portside Wealth Group LLC boosted its stake in Pentair by 2.9% during the 2nd quarter. Portside Wealth Group LLC now owns 3,644 shares of the industrial products company’s stock worth $374,000 after acquiring an additional 102 shares during the last quarter. Greenwich Wealth Management LLC raised its holdings in Pentair by 1.4% in the second quarter. Greenwich Wealth Management LLC now owns 7,223 shares of the industrial products company’s stock worth $742,000 after purchasing an additional 102 shares during the period. Sumitomo Mitsui DS Asset Management Company Ltd boosted its position in shares of Pentair by 0.5% during the second quarter. Sumitomo Mitsui DS Asset Management Company Ltd now owns 19,965 shares of the industrial products company’s stock worth $2,050,000 after purchasing an additional 108 shares in the last quarter. Horizon Investments LLC grew its holdings in shares of Pentair by 4.8% in the 1st quarter. Horizon Investments LLC now owns 2,372 shares of the industrial products company’s stock valued at $207,000 after buying an additional 109 shares during the period. Finally, Brooklyn Investment Group increased its position in shares of Pentair by 14.8% in the 1st quarter. Brooklyn Investment Group now owns 847 shares of the industrial products company’s stock valued at $74,000 after buying an additional 109 shares in the last quarter. 92.37% of the stock is currently owned by institutional investors and hedge funds.

Insider Buying and Selling

In other Pentair news, Director T Michael Glenn sold 6,558 shares of the business’s stock in a transaction that occurred on Monday, December 1st. The stock was sold at an average price of $104.33, for a total transaction of $684,196.14. Following the transaction, the director owned 31,192 shares of the company’s stock, valued at $3,254,261.36. The trade was a 17.37% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, CFO Robert P. Fishman sold 7,786 shares of the company’s stock in a transaction that occurred on Friday, November 14th. The stock was sold at an average price of $105.42, for a total value of $820,800.12. Following the sale, the chief financial officer owned 63,164 shares in the company, valued at approximately $6,658,748.88. This represents a 10.97% decrease in their position. The disclosure for this sale is available in the SEC filing. 1.10% of the stock is owned by company insiders.

Analysts Set New Price Targets

Several analysts recently commented on the company. UBS Group raised their price objective on Pentair from $120.00 to $124.00 and gave the stock a “buy” rating in a research note on Wednesday, October 22nd. JPMorgan Chase & Co. lifted their price objective on Pentair from $116.00 to $126.00 and gave the company an “overweight” rating in a report on Wednesday, October 15th. Barclays lowered Pentair from an “overweight” rating to an “equal weight” rating and decreased their price objective for the company from $127.00 to $115.00 in a research report on Thursday, December 4th. Wall Street Zen downgraded shares of Pentair from a “buy” rating to a “hold” rating in a report on Saturday, December 6th. Finally, Royal Bank Of Canada increased their price objective on shares of Pentair from $121.00 to $124.00 and gave the stock an “outperform” rating in a research report on Wednesday, October 22nd. Two analysts have rated the stock with a Strong Buy rating, eleven have given a Buy rating, four have issued a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $121.07.

Pentair Stock Performance

Shares of PNR opened at $105.34 on Thursday. The stock has a market capitalization of $17.24 billion, a price-to-earnings ratio of 26.74, a PEG ratio of 1.96 and a beta of 1.21. Pentair plc has a 12 month low of $74.25 and a 12 month high of $113.95. The firm has a fifty day simple moving average of $107.21 and a 200 day simple moving average of $105.61. The company has a current ratio of 1.46, a quick ratio of 0.82 and a debt-to-equity ratio of 0.42.

Pentair (NYSE:PNR) last issued its quarterly earnings results on Tuesday, October 21st. The industrial products company reported $1.24 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.18 by $0.06. Pentair had a net margin of 15.84% and a return on equity of 21.83%. The firm had revenue of $1.02 billion for the quarter, compared to analyst estimates of $1 billion. During the same period in the previous year, the business earned $1.09 EPS. The company’s revenue was up 2.9% compared to the same quarter last year. Pentair has set its Q4 2025 guidance at 1.110-1.160 EPS and its FY 2025 guidance at 4.850-4.900 EPS. Research analysts forecast that Pentair plc will post 4.77 EPS for the current fiscal year.

Pentair Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Friday, November 7th. Investors of record on Friday, October 24th were given a dividend of $0.25 per share. The ex-dividend date of this dividend was Friday, October 24th. This represents a $1.00 annualized dividend and a yield of 0.9%. Pentair’s dividend payout ratio is 25.38%.

Pentair Profile

Pentair plc provides various water solutions in the United States, Western Europe, China, Eastern Europe, Latin America, the Middle East, Southeast Asia, Australia, Canada, and Japan. The company operates through three segments: Flow, Water Solutions, and Pool. The Flow segment designs, manufactures, and sells fluid treatment and pump products and systems, including pressure vessels, gas recovery solutions, membrane bioreactors, wastewater reuse systems and advanced membrane filtration, separation systems, water disposal pumps, water supply pumps, fluid transfer pumps, turbine pumps, solid handling pumps, and agricultural spray nozzles for fluid delivery, ion exchange, desalination, food and beverage, separation technologies in the oil and gas industry, residential and municipal wells, water treatment, wastewater solids handling, pressure boosting, circulation and transfer, fire suppression, flood control, agricultural irrigation, and crop spray in residential, commercial, and industrial markets.