Pentair plc $PNR Holdings Boosted by SG Americas Securities LLC

SG Americas Securities LLC increased its holdings in Pentair plc (NYSE:PNR) by 847.1% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 50,074 shares of the industrial products company’s stock after acquiring an additional 44,787 shares during the period. SG Americas Securities LLC’s holdings in Pentair were worth $5,546,000 at the end of the most recent reporting period.

Other large investors also recently made changes to their positions in the company. State Street Corp boosted its holdings in shares of Pentair by 5.9% during the second quarter. State Street Corp now owns 8,970,940 shares of the industrial products company’s stock worth $920,957,000 after purchasing an additional 501,506 shares during the period. Massachusetts Financial Services Co. MA grew its holdings in shares of Pentair by 6.5% during the 2nd quarter. Massachusetts Financial Services Co. MA now owns 2,183,831 shares of the industrial products company’s stock valued at $224,192,000 after acquiring an additional 133,057 shares in the last quarter. ProShare Advisors LLC raised its holdings in shares of Pentair by 9.5% during the second quarter. ProShare Advisors LLC now owns 1,844,943 shares of the industrial products company’s stock worth $189,402,000 after acquiring an additional 159,438 shares in the last quarter. Ameriprise Financial Inc. boosted its position in Pentair by 37.6% during the second quarter. Ameriprise Financial Inc. now owns 1,565,882 shares of the industrial products company’s stock valued at $160,751,000 after purchasing an additional 428,200 shares during the last quarter. Finally, Panagora Asset Management Inc. grew its stake in Pentair by 77.4% in the second quarter. Panagora Asset Management Inc. now owns 1,179,687 shares of the industrial products company’s stock valued at $121,107,000 after purchasing an additional 514,571 shares in the last quarter. Institutional investors and hedge funds own 92.37% of the company’s stock.

Pentair Price Performance

Shares of Pentair stock opened at $103.12 on Friday. 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 firm has a fifty day simple moving average of $104.97 and a 200-day simple moving average of $106.49. The stock has a market capitalization of $16.88 billion, a price-to-earnings ratio of 26.17, a PEG ratio of 1.81 and a beta of 1.22. Pentair plc has a 1-year low of $74.25 and a 1-year high of $113.95.

Pentair (NYSE:PNR) last posted its earnings results on Tuesday, October 21st. The industrial products company reported $1.24 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.18 by $0.06. The business had revenue of $1.02 billion for the quarter, compared to analyst estimates of $1 billion. Pentair had a net margin of 15.84% and a return on equity of 21.83%. Pentair’s revenue was up 2.9% compared to the same quarter last year. 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. On average, sell-side analysts expect that Pentair plc will post 4.77 earnings per share for the current year.

Pentair Increases Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, February 6th. Investors of record on Friday, January 23rd will be given a dividend of $0.27 per share. The ex-dividend date of this dividend is Friday, January 23rd. This represents a $1.08 annualized dividend and a dividend yield of 1.0%. This is a boost from Pentair’s previous quarterly dividend of $0.25. Pentair’s payout ratio is presently 25.38%.

Insider Activity

In other news, 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 completion of the transaction, the director directly owned 31,192 shares in the company, valued at $3,254,261.36. The trade was a 17.37% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CFO Robert P. Fishman sold 7,786 shares of the 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 of the company’s stock, valued at $6,658,748.88. This represents a 10.97% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. 1.10% of the stock is currently owned by insiders.

Analysts Set New Price Targets

Several equities research analysts have recently issued reports on the company. Cowen lowered Pentair from a “buy” rating to a “market perform” rating in a report on Monday, January 5th. BNP Paribas Exane reaffirmed an “underperform” rating and set a $90.00 price objective on shares of Pentair in a research report on Wednesday. Wolfe Research reissued an “outperform” rating and issued a $135.00 target price on shares of Pentair in a research report on Tuesday, December 9th. Barclays downgraded shares of Pentair from an “overweight” rating to an “equal weight” rating and cut their price target for the company from $127.00 to $115.00 in a report on Thursday, December 4th. Finally, BNP Paribas cut shares of Pentair from a “hold” rating to a “strong sell” rating and set a $90.00 price objective for the company. in a report on Wednesday. Two analysts have rated the stock with a Strong Buy rating, eleven have assigned a Buy rating, three have assigned a Hold rating and four have given a Sell rating to the company. Based on data from MarketBeat.com, Pentair presently has an average rating of “Moderate Buy” and an average target price of $116.31.

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.