Pentair plc $PNR Holdings Cut by Deroy & Devereaux Private Investment Counsel Inc.

Deroy & Devereaux Private Investment Counsel Inc. trimmed its position in Pentair plc (NYSE:PNR) by 1.4% in the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 357,799 shares of the industrial products company’s stock after selling 4,909 shares during the period. Pentair accounts for 2.0% of Deroy & Devereaux Private Investment Counsel Inc.’s investment portfolio, making the stock its 8th biggest position. Deroy & Devereaux Private Investment Counsel Inc.’s holdings in Pentair were worth $39,630,000 at the end of the most recent quarter.

Other institutional investors have also recently made changes to their positions in the company. Wedmont Private Capital raised its position in shares of Pentair by 2.7% in the third quarter. Wedmont Private Capital now owns 3,906 shares of the industrial products company’s stock worth $432,000 after buying an additional 101 shares in the last quarter. Portside Wealth Group LLC grew its position 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 buying an additional 102 shares in the last quarter. Greenwich Wealth Management LLC increased its stake in Pentair by 1.4% in the 2nd quarter. Greenwich Wealth Management LLC now owns 7,223 shares of the industrial products company’s stock worth $742,000 after acquiring an additional 102 shares during the last quarter. Captrust Financial Advisors raised its holdings in shares of Pentair by 0.3% in the 2nd quarter. Captrust Financial Advisors now owns 38,135 shares of the industrial products company’s stock valued at $3,915,000 after acquiring an additional 107 shares in the last quarter. Finally, Sumitomo Mitsui DS Asset Management Company Ltd boosted 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 valued at $2,050,000 after acquiring an additional 108 shares during the last quarter. Institutional investors own 92.37% of the company’s stock.

Pentair Trading Up 2.7%

PNR stock opened at $106.93 on Friday. The company has a market capitalization of $17.50 billion, a PE ratio of 27.14, a price-to-earnings-growth ratio of 1.83 and a beta of 1.22. The company has a debt-to-equity ratio of 0.42, a quick ratio of 0.82 and a current ratio of 1.46. Pentair plc has a one year low of $74.25 and a one year high of $113.95. The company’s 50 day moving average price is $104.73 and its two-hundred day moving average price is $106.52.

Pentair (NYSE:PNR) last announced its quarterly earnings data 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. Pentair had a net margin of 15.84% and a return on equity of 21.83%. The company had revenue of $1.02 billion during the quarter, compared to analysts’ expectations of $1 billion. During the same quarter in the prior year, the company earned $1.09 EPS. The firm’s revenue was up 2.9% on a year-over-year basis. 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, analysts predict that Pentair plc will post 4.77 earnings per share for the current fiscal year.

Pentair Increases Dividend

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

Insider Activity

In other news, Director T Michael Glenn sold 6,558 shares of the business’s stock in a transaction dated Monday, December 1st. The stock was 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. The trade was a 17.37% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, CFO Robert P. Fishman sold 7,786 shares of the 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 sale, the chief financial officer 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.

Wall Street Analyst Weigh In

Several research analysts have recently commented on PNR shares. BNP Paribas Exane reissued an “underperform” rating and set a $90.00 price objective on shares of Pentair in a report on Wednesday, January 7th. Barclays lowered shares of Pentair from an “overweight” rating to an “equal weight” rating and dropped their target price for the company from $127.00 to $115.00 in a research report on Thursday, December 4th. Oppenheimer increased their price target on shares of Pentair from $124.00 to $128.00 and gave the stock an “outperform” rating in a report on Thursday, November 20th. TD Cowen restated a “sell” rating and set a $90.00 price objective (down previously from $110.00) on shares of Pentair in a research report on Monday, January 5th. Finally, Cowen lowered shares of Pentair from a “buy” rating to a “market perform” rating in a research report on Monday, January 5th. Two 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 assigned a Sell rating to the stock. According to MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $115.88.

Pentair Company 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.