Brown Advisory Inc. Sells 4,855 Shares of Pentair plc $PNR

Brown Advisory Inc. trimmed its position in Pentair plc (NYSE:PNRFree Report) by 4.2% during the second quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 109,843 shares of the industrial products company’s stock after selling 4,855 shares during the quarter. Brown Advisory Inc.’s holdings in Pentair were worth $11,277,000 as of its most recent SEC filing.

Several other hedge funds have also bought and sold shares of PNR. First Horizon Advisors Inc. grew its holdings 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 purchasing an additional 177 shares during the period. Garde Capital Inc. acquired a new stake in shares of Pentair in the second quarter valued at approximately $41,000. North Star Investment Management Corp. lifted its position in shares of Pentair by 91.5% in 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 last quarter. Brooklyn Investment Group boosted its stake in shares of Pentair by 14.8% during the 1st quarter. Brooklyn Investment Group now owns 847 shares of the industrial products company’s stock worth $74,000 after acquiring an additional 109 shares during the period. Finally, Allworth Financial LP increased its holdings in shares of Pentair by 101.6% during the 2nd quarter. Allworth Financial LP now owns 740 shares of the industrial products company’s stock worth $76,000 after acquiring an additional 373 shares during the last quarter. 92.37% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

A number of equities research analysts recently weighed in on PNR shares. Royal Bank Of Canada increased their price target on Pentair from $121.00 to $124.00 and gave the company an “outperform” rating in a research note on Wednesday, October 22nd. Weiss Ratings reiterated a “buy (b-)” rating on shares of Pentair in a report on Wednesday, October 8th. UBS Group raised their target price on shares of Pentair from $120.00 to $124.00 and gave the stock a “buy” rating in a research note on Wednesday, October 22nd. Robert W. Baird set a $130.00 target price on shares of Pentair in a report on Wednesday, October 22nd. Finally, Wall Street Zen lowered shares of Pentair from a “buy” rating to a “hold” rating in a research note on Saturday. Two research analysts have rated the stock with a Strong Buy rating, nine have issued a Buy rating, four have issued a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $118.92.

Get Our Latest Analysis on Pentair

Insider Activity at Pentair

In other news, CFO Robert P. Fishman sold 7,786 shares of Pentair stock in a transaction that occurred 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 completion of the sale, the chief financial officer directly owned 63,164 shares in the company, valued at approximately $6,658,748.88. The trade was a 10.97% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, Director T Michael Glenn sold 6,558 shares of the business’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 value of $684,196.14. Following the completion of the sale, the director owned 31,192 shares of the company’s stock, valued at approximately $3,254,261.36. This trade represents a 17.37% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. 1.45% of the stock is currently owned by company insiders.

Pentair Stock Down 0.6%

PNR stock opened at $104.22 on Monday. Pentair plc has a fifty-two week low of $74.25 and a fifty-two week high of $113.95. The company has a debt-to-equity ratio of 0.42, a current ratio of 1.46 and a quick ratio of 0.82. The stock has a market capitalization of $17.05 billion, a price-to-earnings ratio of 26.45, a PEG ratio of 1.94 and a beta of 1.21. The business’s fifty day moving average price is $107.61 and its two-hundred day moving average price is $105.53.

Pentair (NYSE:PNRGet Free Report) 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. Pentair had a net margin of 15.84% and a return on equity of 21.83%. The business had revenue of $1.02 billion for the quarter, compared to the consensus estimate of $1 billion. During the same period in the prior year, the company posted $1.09 earnings per share. Pentair’s 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. On average, equities analysts anticipate that Pentair plc will post 4.77 earnings per share for the current year.

Pentair Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, November 7th. Stockholders of record on Friday, October 24th were issued a dividend of $0.25 per share. The ex-dividend date of this dividend was Friday, October 24th. This represents a $1.00 annualized dividend and a dividend yield of 1.0%. Pentair’s dividend payout ratio (DPR) is currently 25.38%.

Pentair Company Profile

(Free Report)

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.

See Also

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Institutional Ownership by Quarter for Pentair (NYSE:PNR)

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