ABN Amro Investment Solutions bought a new position in shares of Pentair plc (NYSE:PNR – Free Report) during the first quarter, HoldingsChannel reports. The firm bought 17,377 shares of the industrial products company’s stock, valued at approximately $1,514,000.
Other hedge funds have also recently added to or reduced their stakes in the company. Moors & Cabot Inc. increased its holdings in shares of Pentair by 0.9% during the third quarter. Moors & Cabot Inc. now owns 11,006 shares of the industrial products company’s stock worth $1,219,000 after buying an additional 100 shares in the last quarter. Annis Gardner Whiting Capital Advisors LLC lifted its position in shares of Pentair by 71.4% during the fourth quarter. Annis Gardner Whiting Capital Advisors LLC now owns 252 shares of the industrial products company’s stock worth $26,000 after purchasing an additional 105 shares in the last quarter. Private Advisor Group LLC grew its stake in shares of Pentair by 1.2% during the third quarter. Private Advisor Group LLC now owns 8,888 shares of the industrial products company’s stock valued at $984,000 after purchasing an additional 105 shares during the last quarter. Captrust Financial Advisors lifted its stake in shares of Pentair by 0.3% during the second 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 during the period. Finally, Plan A Wealth LLC boosted its holdings in Pentair by 6.0% in the fourth quarter. Plan A Wealth LLC now owns 2,009 shares of the industrial products company’s stock valued at $209,000 after acquiring an additional 113 shares during the last quarter. Institutional investors and hedge funds own 92.37% of the company’s stock.
Pentair News Summary
Here are the key news stories impacting Pentair this week:
- Positive Sentiment: No major positive company-specific catalysts were reported in the last 24-36 hours.
- Neutral Sentiment: Several law firms, including Robbins LLP, Pomerantz, Johnson Fistel, Hagens Berman, and Frank R. Cruz’s firm, announced or continued investigations into possible securities-law violations and fiduciary-duty breaches at Pentair. These notices may add headline risk, but they are investigations rather than filed findings of wrongdoing. Article Title
- Neutral Sentiment: One report noted Pentair’s July earnings reset, including a reduced FY2026 adjusted EPS midpoint from about $5.35 to $4.70, which helps explain why sentiment has deteriorated. Article Title
- Neutral Sentiment: A pre-earnings preview suggested weaker Q2 results due to pool-channel destocking and softer demand, though Flow and Water Solutions were expected to hold up better. Article Title
- Neutral Sentiment: Mizuho also issued a pessimistic forecast for Pentair, adding to bearish expectations around the shares. Article Title
Pentair Stock Performance
Pentair (NYSE:PNR – Get Free Report) last announced its earnings results on Wednesday, April 29th. The industrial products company reported $1.22 EPS for the quarter, topping the consensus estimate of $1.17 by $0.05. The business had revenue of $1.04 billion during the quarter, compared to the consensus estimate of $1.03 billion. Pentair had a net margin of 15.98% and a return on equity of 21.92%. Pentair’s revenue was up 2.6% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $1.11 EPS. As a group, equities analysts forecast that Pentair plc will post 4.78 earnings per share for the current year.
Pentair Dividend Announcement
The firm also recently disclosed a quarterly dividend, which will be paid on Friday, August 7th. Shareholders of record on Friday, July 24th will be paid a $0.27 dividend. The ex-dividend date is Friday, July 24th. This represents a $1.08 annualized dividend and a yield of 1.7%. Pentair’s payout ratio is 26.47%.
Wall Street Analysts Forecast Growth
Several analysts have weighed in on PNR shares. Robert W. Baird dropped their price objective on Pentair from $110.00 to $83.00 and set an “outperform” rating for the company in a report on Wednesday, July 15th. Seaport Research Partners cut shares of Pentair from a “buy” rating to a “neutral” rating in a research note on Wednesday, July 15th. Jefferies Financial Group set a $90.00 target price on shares of Pentair in a research report on Wednesday, July 15th. Weiss Ratings downgraded Pentair from a “hold (c+)” rating to a “hold (c)” rating in a research note on Monday, May 11th. Finally, Barclays reduced their target price on Pentair from $95.00 to $92.00 and set an “equal weight” rating on the stock in a report on Wednesday, April 29th. Seven analysts have rated the stock with a Buy rating, six have issued a Hold rating and three have given a Sell rating to the company’s stock. Based on data from MarketBeat, the stock currently has an average rating of “Hold” and an average target price of $91.40.
Get Our Latest Research Report on PNR
About Pentair
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.
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