IMC Chicago LLC Invests $1.64 Million in Pentair plc $PNR

IMC Chicago LLC acquired a new stake in shares of Pentair plc (NYSE:PNR) during the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 14,764 shares of the industrial products company’s stock, valued at approximately $1,635,000.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Nordea Investment Management AB increased its holdings in shares of Pentair by 173.6% in the third quarter. Nordea Investment Management AB now owns 2,837,753 shares of the industrial products company’s stock valued at $311,046,000 after purchasing an additional 1,800,669 shares during the period. Valeo Financial Advisors LLC acquired a new position in Pentair in the 2nd quarter worth approximately $102,945,000. Panagora Asset Management Inc. increased its stake in shares of 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 worth $121,107,000 after acquiring an additional 514,571 shares during the period. State Street Corp raised 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 last quarter. Finally, Pacer Advisors Inc. lifted its position in Pentair by 3,428.7% during the third quarter. Pacer Advisors Inc. now owns 512,402 shares of the industrial products company’s stock valued at $56,754,000 after purchasing an additional 497,881 shares during the period. Hedge funds and other institutional investors own 92.37% of the company’s stock.

Pentair Stock Performance

NYSE:PNR opened at $97.42 on Friday. The company has a debt-to-equity ratio of 0.42, a quick ratio of 0.82 and a current ratio of 1.61. The stock has a market capitalization of $15.94 billion, a PE ratio of 24.60, a P/E/G ratio of 1.73 and a beta of 1.22. Pentair plc has a fifty-two week low of $74.25 and a fifty-two week high of $113.95. The company has a fifty day moving average of $104.33 and a two-hundred day moving average of $106.31.

Pentair (NYSE:PNR) last announced its earnings results on Tuesday, February 3rd. The industrial products company reported $1.18 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.17 by $0.01. Pentair had a net margin of 15.66% and a return on equity of 21.79%. The business had revenue of $1.02 billion for the quarter, compared to analyst estimates of $1.01 billion. During the same quarter last year, the business earned $1.08 earnings per share. The company’s revenue for the quarter was up 4.9% compared to the same quarter last year. Pentair has set its FY 2026 guidance at 5.250-5.400 EPS and its Q1 2026 guidance at 1.150-1.180 EPS. As a group, research analysts forecast that Pentair plc will post 4.77 earnings per share for the current fiscal year.

Pentair Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Friday, February 6th. Stockholders of record on Friday, January 23rd were paid a $0.27 dividend. This is a boost from Pentair’s previous quarterly dividend of $0.25. This represents a $1.08 dividend on an annualized basis and a dividend yield of 1.1%. The ex-dividend date of this dividend was Friday, January 23rd. Pentair’s dividend payout ratio is presently 27.27%.

Analyst Ratings Changes

Several equities research analysts have weighed in on the company. Wall Street Zen raised Pentair from a “hold” rating to a “buy” rating in a research report on Sunday, January 18th. Wolfe Research reaffirmed an “outperform” rating and set a $135.00 target price on shares of Pentair in a report on Tuesday, December 9th. Barclays set a $102.00 price target on Pentair in a report on Thursday. UBS Group upped their price objective on Pentair from $120.00 to $124.00 and gave the stock a “buy” rating in a research report on Wednesday, October 22nd. Finally, Robert W. Baird set a $117.00 target price on shares of Pentair in a report on Wednesday. Ten analysts have rated the stock with a Buy rating, three have given a Hold rating and three have given a Sell rating to the company’s stock. According to MarketBeat, the company has an average rating of “Hold” and a consensus price target of $114.47.

Insider Activity at Pentair

In related news, CFO Robert P. Fishman sold 7,786 shares of the stock in a transaction on Friday, November 14th. The stock was sold at an average price of $105.42, for a total value of $820,800.12. Following the completion of the transaction, the chief financial officer directly owned 63,164 shares of the company’s stock, valued at approximately $6,658,748.88. This represents a 10.97% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director T Michael Glenn sold 6,558 shares of Pentair stock in a transaction 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 in the company, valued at approximately $3,254,261.36. This trade represents a 17.37% decrease in their position. The SEC filing for this sale provides additional information. 1.10% of the stock is currently owned by insiders.

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.