Saudi Central Bank Makes New Investment in Pentair plc $PNR

Saudi Central Bank purchased a new stake in Pentair plc (NYSE:PNRFree Report) in the 2nd quarter, according to its most recent disclosure with the SEC. The fund purchased 11,311 shares of the industrial products company’s stock, valued at approximately $141,000.

A number of other large investors have also recently bought and sold shares of the business. Handelsbanken Fonder AB increased its position in Pentair by 77.7% in the fourth quarter. Handelsbanken Fonder AB now owns 181,061 shares of the industrial products company’s stock worth $18,856,000 after buying an additional 79,197 shares during the period. Fideuram Intesa Sanpaolo Private Banking S.P.A. acquired a new position in shares of Pentair during the fourth quarter valued at $10,099,000. Tredje AP fonden bought a new position in shares of Pentair during the fourth quarter worth about $2,246,000. Fjarde AP Fonden Fourth Swedish National Pension Fund bought a new position in shares of Pentair during the fourth quarter worth about $4,174,000. Finally, Gotham Asset Management LLC increased its holdings in shares of Pentair by 27.0% in the 4th quarter. Gotham Asset Management LLC now owns 491,817 shares of the industrial products company’s stock worth $51,218,000 after acquiring an additional 104,674 shares during the period. Institutional investors own 92.37% of the company’s stock.

Pentair News Summary

Here are the key news stories impacting Pentair this week:

  • Negative Sentiment: The lawsuits allege that Pentair failed to disclose significant inventory destocking in its Pool sales channel, which allegedly hurt sales and operating income. The allegations have not been proven in court. Holzer & Holzer Pentair investor alert
  • Negative Sentiment: Investor notices say Pentair cut its 2026 outlook from expected sales growth of 2% to 4% and adjusted EPS of $5.30 to $5.40 to projected sales declines of 4% to 7% and adjusted EPS of $4.60 to $4.80 after the destocking issue surfaced. Pentair shareholder outlook alert
  • Negative Sentiment: Multiple law firms, including Robbins Geller, Kaplan Fox, Hagens Berman and Levi & Korsinsky, are soliciting investors to seek lead-plaintiff status. The expanded claims cover periods beginning as early as March 11, 2025, while several notices identify an October 2, 2026 deadline. The litigation creates potential legal costs, reputational damage and uncertainty over management accountability. Robbins Geller Pentair class action deadline
  • Negative Sentiment: The reported operational deterioration already contributed to a sharp one-session selloff, and PNR is trading well below its 50-day and 200-day moving averages, signaling continued investor concern about demand visibility and the credibility of prior disclosures. Pentair shares plunge after Pool channel destocking

Pentair Stock Performance

Shares of PNR opened at $57.57 on Thursday. The firm has a market capitalization of $9.19 billion, a PE ratio of 14.46, a P/E/G ratio of 1.49 and a beta of 1.02. The company has a quick ratio of 0.76, a current ratio of 1.45 and a debt-to-equity ratio of 0.43. The firm has a 50-day moving average price of $66.03 and a 200 day moving average price of $77.10. Pentair plc has a 52-week low of $57.36 and a 52-week high of $113.95.

Pentair (NYSE:PNRGet Free Report) last released its quarterly earnings results on Wednesday, July 29th. The industrial products company reported $1.14 EPS for the quarter, topping analysts’ consensus estimates of $1.12 by $0.02. The company had revenue of $932.60 million for the quarter, compared to the consensus estimate of $943.24 million. Pentair had a net margin of 16.24% and a return on equity of 20.62%. Pentair’s revenue was down 17.0% on a year-over-year basis. During the same period in the previous year, the firm earned $1.39 EPS. On average, sell-side analysts anticipate that Pentair plc will post 4.64 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

Several analysts recently weighed in on PNR shares. Robert W. Baird cut their price objective on shares of Pentair from $83.00 to $80.00 and set an “outperform” rating on the stock in a research report on Wednesday, July 29th. Weiss Ratings lowered shares of Pentair from a “hold (c)” rating to a “hold (c-)” rating in a research note on Monday, August 3rd. Oppenheimer cut their price target on Pentair from $115.00 to $94.00 and set an “outperform” rating on the stock in a report on Thursday, July 16th. BNP Paribas Exane reiterated an “underperform” rating and set a $64.00 price objective (down from $75.00) on shares of Pentair in a research report on Thursday, July 16th. Finally, Seaport Research Partners lowered Pentair from a “buy” rating to a “neutral” rating in a report on Wednesday, July 15th. Eight analysts have rated the stock with a Buy rating, six have assigned a Hold rating and four have issued a Sell rating to the company. Based on data from MarketBeat.com, Pentair presently has an average rating of “Hold” and an average price target of $89.94.

Check Out Our Latest Report on Pentair

Pentair Company Profile

(Free Report)

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.

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Institutional Ownership by Quarter for Pentair (NYSE:PNR)

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