Pentair plc $PNR Shares Bought by California Public Employees Retirement System

California Public Employees Retirement System raised its holdings in shares of Pentair plc (NYSE:PNR) by 6.1% in the 2nd quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 285,511 shares of the industrial products company’s stock after acquiring an additional 16,429 shares during the quarter. California Public Employees Retirement System owned approximately 0.17% of Pentair worth $29,311,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors have also made changes to their positions in PNR. Portside Wealth Group LLC lifted its stake in Pentair by 2.9% during the second quarter. Portside Wealth Group LLC now owns 3,644 shares of the industrial products company’s stock worth $374,000 after purchasing an additional 102 shares during the last quarter. Greenwich Wealth Management LLC raised its holdings in Pentair by 1.4% during the second quarter. Greenwich Wealth Management LLC now owns 7,223 shares of the industrial products company’s stock worth $742,000 after purchasing an additional 102 shares in the last quarter. Sumitomo Mitsui DS Asset Management Company Ltd lifted its position in shares of Pentair by 0.5% during the 2nd quarter. Sumitomo Mitsui DS Asset Management Company Ltd now owns 19,965 shares of the industrial products company’s stock worth $2,050,000 after buying an additional 108 shares during the last quarter. Horizon Investments LLC lifted its position in shares of Pentair by 4.8% during the 1st quarter. Horizon Investments LLC now owns 2,372 shares of the industrial products company’s stock worth $207,000 after buying an additional 109 shares during the last quarter. Finally, Brooklyn Investment Group grew its position in shares of Pentair by 14.8% in the 1st quarter. Brooklyn Investment Group now owns 847 shares of the industrial products company’s stock valued at $74,000 after buying an additional 109 shares during the last quarter. Institutional investors and hedge funds own 92.37% of the company’s stock.

Pentair Stock Up 3.4%

PNR opened at $105.34 on Thursday. The business has a 50 day moving average price of $107.21 and a two-hundred day moving average price of $105.61. The company has a quick ratio of 0.82, a current ratio of 1.46 and a debt-to-equity ratio of 0.42. The company has a market cap of $17.24 billion, a PE ratio of 26.74, a P/E/G ratio of 1.96 and a beta of 1.21. Pentair plc has a 52 week low of $74.25 and a 52 week high of $113.95.

Pentair (NYSE:PNR) last announced its earnings results 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 company had revenue of $1.02 billion for the quarter, compared to the consensus estimate of $1 billion. Pentair had a return on equity of 21.83% and a net margin of 15.84%.The company’s revenue was up 2.9% on a year-over-year basis. During the same period last year, the business posted $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, research analysts anticipate that Pentair plc will post 4.77 EPS for the current 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 $0.25 dividend. This represents a $1.00 annualized dividend and a yield of 0.9%. The ex-dividend date of this dividend was Friday, October 24th. Pentair’s payout ratio is currently 25.38%.

Insider Buying and Selling at Pentair

In other news, CFO Robert P. Fishman sold 7,786 shares of the business’s stock in a transaction dated Friday, November 14th. The shares were sold at an average price of $105.42, for a total transaction 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. The trade was a 10.97% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available through this link. Also, Director T Michael Glenn sold 6,558 shares of the stock in a transaction dated 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 directly owned 31,192 shares of the company’s stock, valued at $3,254,261.36. This represents a 17.37% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders own 1.10% of the company’s stock.

Analyst Upgrades and Downgrades

A number of brokerages recently weighed in on PNR. Oppenheimer boosted their price target on shares of Pentair from $124.00 to $128.00 and gave the company an “outperform” rating in a research report on Thursday, November 20th. Weiss Ratings reissued a “buy (b-)” rating on shares of Pentair in a report on Wednesday, October 8th. Jefferies Financial Group raised Pentair from a “hold” rating to a “buy” rating and upped their target price for the company from $120.00 to $135.00 in a research report on Wednesday. Wolfe Research reaffirmed an “outperform” rating and set a $135.00 price target on shares of Pentair in a research report on Tuesday. Finally, UBS Group boosted 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. Two research analysts have rated the stock with a Strong Buy rating, eleven have issued a Buy rating, four have given a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average price target of $121.07.

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.