Pentair plc (PNR) To Go Ex-Dividend on January 23rd

Pentair plc (NYSE:PNR) declared a quarterly dividend on Monday, December 15th. Stockholders of record on Friday, January 23rd will be given a dividend of 0.27 per share by the industrial products company on Friday, February 6th. This represents a c) dividend on an annualized basis and a dividend yield of 1.0%. The ex-dividend date is Friday, January 23rd. This is a 8.0% increase from Pentair’s previous quarterly dividend of $0.25.

Pentair has increased its dividend payment by an average of 0.1%annually over the last three years and has raised its dividend every year for the last 7 years. Pentair has a payout ratio of 19.1% meaning its dividend is sufficiently covered by earnings. Analysts expect Pentair to earn $5.27 per share next year, which means the company should continue to be able to cover its $1.00 annual dividend with an expected future payout ratio of 19.0%.

Pentair Trading Down 0.5%

NYSE PNR opened at $104.48 on Wednesday. The company has a current ratio of 1.46, a quick ratio of 0.82 and a debt-to-equity ratio of 0.42. The firm has a market capitalization of $17.10 billion, a P/E ratio of 26.52, a PEG ratio of 2.03 and a beta of 1.21. The business has a fifty day simple moving average of $106.69 and a 200 day simple moving average of $105.84. Pentair has a 12 month low of $74.25 and a 12 month high of $113.95.

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

Insiders Place Their Bets

In other Pentair news, Director T Michael Glenn sold 6,558 shares of the firm’s stock in a transaction dated Monday, December 1st. The stock was sold at an average price of $104.33, for a total value of $684,196.14. Following the completion of the transaction, the director owned 31,192 shares in the company, valued at $3,254,261.36. This trade represents a 17.37% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Also, CFO Robert P. Fishman sold 7,786 shares of Pentair stock in a transaction dated Friday, November 14th. The shares were sold at an average price of $105.42, for a total value of $820,800.12. Following the transaction, the chief financial officer directly owned 63,164 shares of the company’s stock, valued at $6,658,748.88. The trade was a 10.97% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. 1.45% of the stock is owned by company insiders.

Institutional Investors Weigh In On Pentair

Institutional investors and hedge funds have recently modified their holdings of the company. Wexford Capital LP purchased a new stake in Pentair in the 3rd quarter worth approximately $26,000. Richardson Financial Services Inc. increased its holdings 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 purchasing an additional 98 shares during the period. First Horizon Advisors Inc. increased its holdings in shares of Pentair by 105.4% in the second quarter. First Horizon Advisors Inc. now owns 345 shares of the industrial products company’s stock worth $35,000 after purchasing an additional 177 shares during the period. Garde Capital Inc. purchased a new stake in shares of Pentair in the second quarter worth $41,000. Finally, North Star Investment Management Corp. boosted its stake in Pentair by 91.5% during the second quarter. North Star Investment Management Corp. now owns 404 shares of the industrial products company’s stock valued at $41,000 after buying an additional 193 shares during the period. 92.37% of the stock is owned by hedge funds and other institutional investors.

Pentair Company 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.