Pentair plc $PNR Shares Acquired by Nordea Investment Management AB

Nordea Investment Management AB lifted its stake in Pentair plc (NYSE:PNR) by 173.6% during the 3rd quarter, according to the company in its most recent filing with the SEC. The fund owned 2,837,753 shares of the industrial products company’s stock after acquiring an additional 1,800,669 shares during the quarter. Nordea Investment Management AB’s holdings in Pentair were worth $311,046,000 at the end of the most recent reporting period.

Several other institutional investors have also recently added to or reduced their stakes in PNR. New York State Teachers Retirement System boosted its holdings in Pentair by 4.5% during the 3rd quarter. New York State Teachers Retirement System now owns 159,072 shares of the industrial products company’s stock valued at $17,619,000 after acquiring an additional 6,833 shares during the period. Bayforest Capital Ltd purchased a new position in shares of Pentair in the third quarter valued at approximately $173,000. Forum Financial Management LP grew its holdings in shares of Pentair by 16.4% in the third quarter. Forum Financial Management LP now owns 3,756 shares of the industrial products company’s stock valued at $416,000 after purchasing an additional 530 shares in the last quarter. ORG Partners LLC increased its stake in Pentair by 35.8% during the 3rd quarter. ORG Partners LLC now owns 3,162 shares of the industrial products company’s stock worth $350,000 after buying an additional 834 shares during the period. Finally, Sumitomo Mitsui DS Asset Management Company Ltd increased its position in shares of Pentair by 2.5% during the third quarter. Sumitomo Mitsui DS Asset Management Company Ltd now owns 20,470 shares of the industrial products company’s stock worth $2,267,000 after acquiring an additional 505 shares during the period. Institutional investors and hedge funds own 92.37% of the company’s stock.

Insider Buying and Selling at Pentair

In related news, CFO Robert P. Fishman sold 7,786 shares of Pentair stock in a transaction on 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 in the company, valued at $6,658,748.88. This trade represents a 10.97% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. Also, Director T Michael Glenn sold 6,558 shares of the company’s stock in a transaction 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 approximately $3,254,261.36. The trade was a 17.37% 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.

Analyst Upgrades and Downgrades

Several equities research analysts have weighed in on the company. Royal Bank Of Canada upped their price target on Pentair from $121.00 to $124.00 and gave the stock an “outperform” rating in a report on Wednesday, October 22nd. Robert W. Baird set a $130.00 price objective on shares of Pentair in a report on Wednesday, October 22nd. Citigroup lowered their target price on shares of Pentair from $135.00 to $126.00 and set a “buy” rating for the company in a research note on Monday. Jefferies Financial Group raised Pentair from a “hold” rating to a “buy” rating and lifted their price target for the stock from $120.00 to $135.00 in a report on Wednesday, December 10th. Finally, JPMorgan Chase & Co. increased 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. Two equities research analysts have rated the stock with a Strong Buy rating, eleven have given a Buy rating, three have assigned a Hold rating and four have issued a Sell rating to the company’s stock. According to MarketBeat.com, Pentair currently has a consensus rating of “Moderate Buy” and a consensus price target of $115.88.

Pentair Price Performance

PNR stock opened at $103.14 on Tuesday. 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 company has a market capitalization of $16.88 billion, a P/E ratio of 26.18, a PEG ratio of 1.81 and a beta of 1.22. The business has a 50 day simple moving average of $104.89 and a 200-day simple moving average of $106.53. Pentair plc has a twelve month low of $74.25 and a twelve 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 EPS for the quarter, beating the consensus estimate of $1.18 by $0.06. The firm had revenue of $1.02 billion during the quarter, compared to the consensus estimate of $1 billion. Pentair had a net margin of 15.84% and a return on equity of 21.83%. Pentair’s revenue for the quarter was up 2.9% on a year-over-year basis. During the same quarter in the prior year, the firm earned $1.09 EPS. Pentair has set its Q4 2025 guidance at 1.110-1.160 EPS and its FY 2025 guidance at 4.850-4.900 EPS. As a group, equities analysts anticipate that Pentair plc will post 4.77 EPS for the current year.

Pentair Increases Dividend

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

Pentair 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.