Pentair plc $PNR Stock Position Increased by Envestnet Asset Management Inc.

Envestnet Asset Management Inc. raised its position in shares of Pentair plc (NYSE:PNR) by 93.6% in the third quarter, HoldingsChannel reports. The firm owned 397,471 shares of the industrial products company’s stock after acquiring an additional 192,125 shares during the period. Envestnet Asset Management Inc.’s holdings in Pentair were worth $44,024,000 as of its most recent filing with the Securities & Exchange Commission.

Several other large investors also recently made changes to their positions in the company. Richardson Financial Services Inc. boosted its position in shares of Pentair by 64.9% during the third quarter. Richardson Financial Services Inc. now owns 249 shares of the industrial products company’s stock worth $28,000 after buying an additional 98 shares during the period. First Horizon Advisors Inc. raised its stake in Pentair by 105.4% during the 2nd quarter. First Horizon Advisors Inc. now owns 345 shares of the industrial products company’s stock valued at $35,000 after acquiring an additional 177 shares in the last quarter. Root Financial Partners LLC acquired a new position in Pentair during the 3rd quarter worth $41,000. CYBER HORNET ETFs LLC bought a new position in shares of Pentair in the second quarter worth $45,000. Finally, CoreCap Advisors LLC increased its holdings in shares of Pentair by 58.8% during the third quarter. CoreCap Advisors LLC now owns 405 shares of the industrial products company’s stock valued at $45,000 after purchasing an additional 150 shares during the period. Institutional investors and hedge funds own 92.37% of the company’s stock.

Insider Activity at Pentair

In other Pentair news, Director T Michael Glenn sold 6,558 shares of the business’s stock in a transaction on Monday, December 1st. The shares were 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 $3,254,261.36. The trade was a 17.37% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Also, CFO Robert P. Fishman sold 7,786 shares of the stock in a transaction 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 owned 63,164 shares of the company’s stock, valued at $6,658,748.88. The trade was a 10.97% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. 1.45% of the stock is currently owned by corporate insiders.

Analysts Set New Price Targets

A number of equities analysts recently issued reports on PNR shares. Royal Bank Of Canada set a $117.00 target price on shares of Pentair in a research report on Wednesday, February 4th. Jefferies Financial Group reiterated a “hold” rating on shares of Pentair in a report on Wednesday, February 4th. BNP Paribas Exane cut Pentair from a “hold” rating to a “strong sell” rating and set a $90.00 target price on the stock. in a report on Wednesday, January 7th. JPMorgan Chase & Co. cut their target price on Pentair from $132.00 to $124.00 and set an “overweight” rating for the company in a research report on Friday, January 16th. Finally, TD Cowen cut Pentair from a “buy” rating to a “market perform” rating in a research report on Monday, January 5th. Ten research 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. Based on data from MarketBeat, the company has a consensus rating of “Hold” and an average target price of $114.47.

Pentair Stock Up 1.1%

Shares of Pentair stock opened at $98.62 on Wednesday. Pentair plc has a 12-month low of $74.25 and a 12-month high of $113.95. The firm has a market capitalization of $16.14 billion, a PE ratio of 24.90, a price-to-earnings-growth ratio of 1.73 and a beta of 1.22. The company has a quick ratio of 0.95, a current ratio of 1.61 and a debt-to-equity ratio of 0.42. The stock’s fifty day moving average is $104.04 and its 200-day moving average is $106.26.

Pentair (NYSE:PNR) last released its quarterly earnings results on Tuesday, February 3rd. The industrial products company reported $1.18 earnings per share for the quarter, beating analysts’ consensus estimates of $1.17 by $0.01. Pentair had a return on equity of 21.79% and a net margin of 15.66%.Pentair’s quarterly revenue was up 4.9% on a year-over-year basis. During the same period last year, the business posted $1.08 earnings per share. Pentair has set its FY 2026 guidance at 5.250-5.400 EPS and its Q1 2026 guidance at 1.150-1.180 EPS. Equities analysts anticipate that Pentair plc will post 4.77 earnings per share for the current 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 issued a dividend of $0.27 per share. This is an increase 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 was Friday, January 23rd. Pentair’s dividend payout ratio (DPR) is presently 27.27%.

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.