BNP PARIBAS ASSET MANAGEMENT Holding S.A. Sells 11,600 Shares of Pentair plc $PNR

BNP PARIBAS ASSET MANAGEMENT Holding S.A. lessened its stake in shares of Pentair plc (NYSE:PNR) by 4.7% in the third quarter, HoldingsChannel.com reports. The institutional investor owned 232,764 shares of the industrial products company’s stock after selling 11,600 shares during the quarter. BNP PARIBAS ASSET MANAGEMENT Holding S.A.’s holdings in Pentair were worth $25,781,000 as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds have also bought and sold shares of PNR. Sivia Capital Partners LLC acquired a new stake in Pentair during the second quarter worth approximately $222,000. Chicago Partners Investment Group LLC bought a new position in shares of Pentair during the second quarter worth approximately $336,000. Ethic Inc. lifted its holdings in Pentair by 10.6% during the 2nd quarter. Ethic Inc. now owns 25,765 shares of the industrial products company’s stock worth $2,669,000 after purchasing an additional 2,465 shares during the last quarter. Forum Financial Management LP boosted its stake in Pentair by 12.2% in the 2nd quarter. Forum Financial Management LP now owns 3,226 shares of the industrial products company’s stock valued at $331,000 after purchasing an additional 352 shares during the period. Finally, Strategic Blueprint LLC grew its holdings in Pentair by 4.0% in the 2nd quarter. Strategic Blueprint LLC now owns 5,744 shares of the industrial products company’s stock valued at $590,000 after buying an additional 223 shares in the last quarter. Institutional investors and hedge funds own 92.37% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of equities research analysts have recently weighed in on PNR shares. Robert W. Baird set a $117.00 target price on Pentair in a report on Wednesday, February 4th. Jefferies Financial Group reiterated a “hold” rating on shares of Pentair in a research note on Wednesday, February 4th. Wolfe Research restated an “outperform” rating and set a $135.00 target price on shares of Pentair in a research report on Tuesday, December 9th. Oppenheimer reaffirmed an “outperform” rating and set a $122.00 target price (down from $128.00) on shares of Pentair in a report on Wednesday, February 4th. Finally, JPMorgan Chase & Co. cut their price target on Pentair from $132.00 to $124.00 and set an “overweight” rating for the company in a research note on Friday, January 16th. 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 stock. Based on data from MarketBeat.com, Pentair presently has a consensus rating of “Hold” and a consensus price target of $114.47.

Pentair Price Performance

Shares of NYSE:PNR opened at $100.42 on Friday. The firm has a 50 day moving average of $103.50 and a 200-day moving average of $106.14. The stock has a market capitalization of $16.43 billion, a PE ratio of 25.36, a PEG ratio of 1.80 and a beta of 1.22. The company has a current ratio of 1.61, a quick ratio of 0.95 and a debt-to-equity ratio of 0.42. Pentair plc has a 12 month low of $74.25 and a 12 month high of $113.95.

Pentair (NYSE:PNR) last posted its quarterly earnings results on Tuesday, February 3rd. The industrial products company reported $1.18 earnings per share (EPS) for the quarter, topping 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%. During the same quarter last year, the business posted $1.08 EPS. Pentair’s revenue for the quarter was up 4.9% on a year-over-year basis. Pentair has set its FY 2026 guidance at 5.250-5.400 EPS and its Q1 2026 guidance at 1.150-1.180 EPS. On average, equities research analysts predict that Pentair plc will post 4.77 EPS for the current fiscal year.

Pentair Increases Dividend

The firm 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. The ex-dividend date of this dividend was Friday, January 23rd. This represents a $1.08 dividend on an annualized basis and a dividend yield of 1.1%. Pentair’s payout ratio is presently 27.27%.

Insider Buying and Selling at Pentair

In other Pentair news, Director T Michael Glenn sold 6,558 shares of Pentair 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 transaction, the director 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 transaction was disclosed in a legal filing with the SEC, which is available at this link. Also, Director Michael T. Speetzen sold 7,000 shares of the stock in a transaction dated Wednesday, February 11th. The stock was sold at an average price of $99.99, for a total transaction of $699,930.00. Following the completion of the transaction, the director directly owned 8,290 shares of the company’s stock, valued at $828,917.10. This trade represents a 45.78% decrease in their position. The SEC filing for this sale provides additional information. 1.10% of the stock is owned by corporate insiders.

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.