Pentair plc $PNR Shares Acquired by New York State Teachers Retirement System

New York State Teachers Retirement System lifted its stake in Pentair plc (NYSE:PNR) by 4.5% in the 3rd quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 159,072 shares of the industrial products company’s stock after purchasing an additional 6,833 shares during the quarter. New York State Teachers Retirement System owned about 0.10% of Pentair worth $17,619,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in PNR. Wedmont Private Capital grew its holdings in Pentair by 2.7% in the 3rd quarter. Wedmont Private Capital now owns 3,906 shares of the industrial products company’s stock valued at $432,000 after buying an additional 101 shares in the last quarter. Portside Wealth Group LLC boosted its position in shares of Pentair by 2.9% during the 2nd quarter. Portside Wealth Group LLC now owns 3,644 shares of the industrial products company’s stock valued at $374,000 after acquiring an additional 102 shares during the last quarter. Greenwich Wealth Management LLC boosted its position in shares of Pentair by 1.4% during the 2nd quarter. Greenwich Wealth Management LLC now owns 7,223 shares of the industrial products company’s stock valued at $742,000 after acquiring an additional 102 shares during the last quarter. Captrust Financial Advisors grew its holdings in shares of Pentair by 0.3% in the second quarter. Captrust Financial Advisors now owns 38,135 shares of the industrial products company’s stock valued at $3,915,000 after purchasing an additional 107 shares during the period. Finally, Sumitomo Mitsui DS Asset Management Company Ltd increased its position in 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 during the last quarter. Institutional investors and hedge funds own 92.37% of the company’s stock.

Insider Buying and Selling

In other news, CFO Robert P. Fishman sold 7,786 shares of the business’s stock in a transaction dated Friday, November 14th. The stock was sold at an average price of $105.42, for a total transaction of $820,800.12. Following the completion of the transaction, the chief financial officer directly owned 63,164 shares of the company’s stock, valued at approximately $6,658,748.88. The trade was a 10.97% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, Director T Michael Glenn sold 6,558 shares of the firm’s stock in a transaction that occurred 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 directly owned 31,192 shares in the company, valued at approximately $3,254,261.36. This trade represents a 17.37% decrease in their position. The SEC filing for this sale provides additional information. Insiders own 1.45% of the company’s stock.

Pentair Stock Up 0.1%

Pentair stock opened at $103.17 on Wednesday. The company has a debt-to-equity ratio of 0.42, a quick ratio of 0.82 and a current ratio of 1.46. The firm has a 50 day moving average price of $104.81 and a 200 day moving average price of $106.53. Pentair plc has a fifty-two week low of $74.25 and a fifty-two week high of $113.95. The company has a market capitalization of $16.88 billion, a PE ratio of 26.18, a price-to-earnings-growth ratio of 1.81 and a beta of 1.22.

Pentair (NYSE:PNR) last posted its quarterly earnings data 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 return on equity of 21.83% and a net margin of 15.84%.The firm had revenue of $1.02 billion for the quarter, compared to the consensus estimate of $1 billion. During the same quarter in the previous year, the business earned $1.09 EPS. The company’s quarterly 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 expect that Pentair plc will post 4.77 earnings per share for the current year.

Pentair Increases Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, February 6th. Stockholders of record on Friday, January 23rd will be paid a $0.27 dividend. The ex-dividend date of this dividend is Friday, January 23rd. This is a positive change from Pentair’s previous quarterly dividend of $0.25. This represents a $1.08 annualized dividend and a dividend yield of 1.0%. Pentair’s payout ratio is 25.38%.

Analysts Set New Price Targets

Several equities analysts have weighed in on the stock. Robert W. Baird set a $130.00 target price on shares of Pentair in a report on Wednesday, October 22nd. Barclays lowered shares of Pentair from an “overweight” rating to an “equal weight” rating and reduced their price target for the company from $127.00 to $115.00 in a research report on Thursday, December 4th. JPMorgan Chase & Co. increased their price objective on Pentair from $116.00 to $126.00 and gave the stock an “overweight” rating in a research report on Wednesday, October 15th. BNP Paribas Exane reissued an “underperform” rating and set a $90.00 target price on shares of Pentair in a research note on Wednesday, January 7th. Finally, Cowen lowered Pentair from a “buy” rating to a “market perform” rating in a research note on Monday, January 5th. Two research analysts have rated the stock with a Strong Buy rating, eleven have issued a Buy rating, three have issued a Hold rating and four have given a Sell rating to the company. According to data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $115.88.

About Pentair

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.