Aberdeen Group plc boosted its holdings in shares of Pentair plc (NYSE:PNR – Free Report) by 13.4% in the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 241,784 shares of the industrial products company’s stock after purchasing an additional 28,619 shares during the period. Aberdeen Group plc’s holdings in Pentair were worth $26,509,000 as of its most recent SEC filing.
Other institutional investors also recently added to or reduced their stakes in the company. Richardson Financial Services Inc. lifted its position in shares of Pentair by 64.9% during the 3rd quarter. Richardson Financial Services Inc. now owns 249 shares of the industrial products company’s stock worth $28,000 after buying an additional 98 shares during the period. First Horizon Advisors Inc. raised its stake in Pentair by 105.4% during the second quarter. First Horizon Advisors Inc. now owns 345 shares of the industrial products company’s stock worth $35,000 after acquiring an additional 177 shares in the last quarter. Root Financial Partners LLC bought a new position in shares of Pentair during the third quarter valued at $41,000. CYBER HORNET ETFs LLC acquired a new stake in shares of Pentair in the 2nd quarter valued at $45,000. Finally, CoreCap Advisors LLC grew its holdings in shares of Pentair by 58.8% in the 3rd quarter. CoreCap Advisors LLC now owns 405 shares of the industrial products company’s stock worth $45,000 after purchasing an additional 150 shares during the last quarter. 92.37% of the stock is owned by institutional investors and hedge funds.
Insider Activity
In other Pentair news, Director T Michael Glenn sold 6,558 shares of the business’s stock in a transaction dated Monday, December 1st. The shares were sold at an average price of $104.33, for a total transaction of $684,196.14. Following the sale, the director directly 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 sale was disclosed in a filing with the SEC, which is available through this link. Also, Director Michael T. Speetzen sold 7,000 shares of the firm’s stock in a transaction that occurred 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 approximately $828,917.10. This represents a 45.78% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Company insiders own 1.45% of the company’s stock.
Pentair Stock Down 1.7%
Pentair (NYSE:PNR – Get Free Report) last issued its quarterly earnings data on Tuesday, February 3rd. The industrial products company reported $1.18 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.17 by $0.01. Pentair had a net margin of 15.66% and a return on equity of 21.79%. During the same quarter in the previous year, the company earned $1.08 earnings per share. The business’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 year.
Pentair Increases Dividend
The company also recently announced a quarterly dividend, which was paid on Friday, February 6th. Shareholders of record on Friday, January 23rd were issued a dividend of $0.27 per share. This is a boost from Pentair’s previous quarterly dividend of $0.25. The ex-dividend date was Friday, January 23rd. This represents a $1.08 dividend on an annualized basis and a yield of 1.1%. Pentair’s dividend payout ratio is currently 27.27%.
Analyst Ratings Changes
Several brokerages recently issued reports on PNR. UBS Group lifted their price target on shares of Pentair from $120.00 to $124.00 and gave the company a “buy” rating in a report on Wednesday, October 22nd. Wall Street Zen upgraded shares of Pentair from a “hold” rating to a “buy” rating in a research note on Sunday, January 18th. JPMorgan Chase & Co. reduced their target price on Pentair from $132.00 to $124.00 and set an “overweight” rating on the stock in a report on Friday, January 16th. Wolfe Research reaffirmed an “outperform” rating and set a $135.00 price target on shares of Pentair in a report on Tuesday, December 9th. Finally, BNP Paribas Exane downgraded Pentair from a “hold” rating to a “strong sell” rating and set a $90.00 price objective for the company. in a research report on Wednesday, January 7th. Ten analysts have rated the stock with a Buy rating, three have assigned a Hold rating and three have given a Sell rating to the company’s stock. According to MarketBeat.com, the stock presently has an average rating of “Hold” and a consensus target price of $114.47.
View Our Latest Stock Report on PNR
Pentair Company 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.
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