Arrowstreet Capital Limited Partnership Has $9.47 Million Stock Position in Pentair plc $PNR

Arrowstreet Capital Limited Partnership lessened its stake in Pentair plc (NYSE:PNR) by 35.7% in the 2nd quarter, HoldingsChannel reports. The institutional investor owned 92,262 shares of the industrial products company’s stock after selling 51,290 shares during the quarter. Arrowstreet Capital Limited Partnership’s holdings in Pentair were worth $9,472,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also made changes to their positions in PNR. Edgestream Partners L.P. bought a new stake in Pentair during the second quarter worth $391,000. Panagora Asset Management Inc. increased its stake in shares of Pentair by 77.4% during the 2nd quarter. Panagora Asset Management Inc. now owns 1,179,687 shares of the industrial products company’s stock worth $121,107,000 after purchasing an additional 514,571 shares during the last quarter. Greenwich Wealth Management LLC raised its holdings in shares of Pentair by 1.4% in the 2nd quarter. Greenwich Wealth Management LLC now owns 7,223 shares of the industrial products company’s stock valued at $742,000 after purchasing an additional 102 shares during the period. Lido Advisors LLC lifted its stake in Pentair by 29.9% in the 2nd quarter. Lido Advisors LLC now owns 20,505 shares of the industrial products company’s stock valued at $2,105,000 after purchasing an additional 4,724 shares during the last quarter. Finally, Berry Wealth Group LP grew its holdings in Pentair by 11.9% during the second quarter. Berry Wealth Group LP now owns 3,411 shares of the industrial products company’s stock worth $350,000 after purchasing an additional 362 shares during the period. 92.37% of the stock is owned by institutional investors.

Insider Transactions at Pentair

In other Pentair news, CFO Robert P. Fishman sold 7,786 shares of the firm’s 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. This trade represents a 10.97% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director T Michael Glenn sold 6,558 shares of the company’s stock in a transaction that occurred 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 sale, the director directly 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 position. Additional details regarding this sale are available in the official SEC disclosure. Corporate insiders own 1.45% of the company’s stock.

Pentair Trading Down 2.4%

Shares of PNR stock opened at $101.75 on Wednesday. The stock has a market cap of $16.65 billion, a P/E ratio of 25.82, a price-to-earnings-growth ratio of 2.01 and a beta of 1.21. Pentair plc has a 1 year low of $74.25 and a 1 year high of $113.95. 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 stock has a 50 day simple moving average of $107.32 and a 200 day simple moving average of $105.61.

Pentair (NYSE:PNR) last announced its quarterly earnings data on Tuesday, October 21st. The industrial products company reported $1.24 earnings per share 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 analysts’ expectations of $1 billion. Pentair had a return on equity of 21.83% and a net margin of 15.84%.The company’s quarterly revenue was up 2.9% compared to the same quarter last year. During the same period in the previous 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. On average, research analysts predict that Pentair plc will post 4.77 earnings per share for the current fiscal year.

Pentair Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, November 7th. Shareholders of record on Friday, October 24th were paid a dividend of $0.25 per share. This represents a $1.00 dividend on an annualized basis and a yield of 1.0%. The ex-dividend date was Friday, October 24th. Pentair’s dividend payout ratio is presently 25.38%.

Analyst Ratings Changes

Several analysts have issued reports on the company. UBS Group upped their price objective on Pentair from $120.00 to $124.00 and gave the company a “buy” rating in a research note on Wednesday, October 22nd. Wall Street Zen cut Pentair from a “buy” rating to a “hold” rating in a research note on Saturday. Robert W. Baird set a $130.00 price objective on shares of Pentair in a research report on Wednesday, October 22nd. JPMorgan Chase & Co. upped their price objective on shares of Pentair from $116.00 to $126.00 and gave the company an “overweight” rating in a report on Wednesday, October 15th. Finally, Barclays cut shares of Pentair from an “overweight” rating to an “equal weight” rating and cut their target price for the stock from $127.00 to $115.00 in a research note on Thursday, December 4th. Two equities research analysts have rated the stock with a Strong Buy rating, ten have given a Buy rating, four have assigned a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus target price of $120.07.

Pentair 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.