Pentair plc $PNR Stock Position Reduced by Bessemer Group Inc.

Bessemer Group Inc. reduced its stake in shares of Pentair plc (NYSE:PNR) by 99.4% in the first quarter, Holdings Channel.com reports. The institutional investor owned 7,464 shares of the industrial products company’s stock after selling 1,222,716 shares during the period. Bessemer Group Inc.’s holdings in Pentair were worth $651,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other large investors have also recently added to or reduced their stakes in the company. Annis Gardner Whiting Capital Advisors LLC grew its position in Pentair by 71.4% in the 4th quarter. Annis Gardner Whiting Capital Advisors LLC now owns 252 shares of the industrial products company’s stock valued at $26,000 after buying an additional 105 shares in the last quarter. Wexford Capital LP acquired a new position in Pentair in the 3rd quarter valued at approximately $26,000. Motiv8 Investments LLC purchased a new position in Pentair in the fourth quarter valued at about $27,000. Aster Capital Management DIFC Ltd acquired a new position in Pentair in the fourth quarter worth approximately $43,000. Finally, Park Square Financial Group LLC lifted its position in shares of Pentair by 502.8% in the fourth quarter. Park Square Financial Group LLC now owns 434 shares of the industrial products company’s stock worth $44,000 after buying an additional 362 shares during the last quarter. 92.37% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

Several analysts have issued reports on PNR shares. Jefferies Financial Group set a $90.00 price target on shares of Pentair in a research report on Wednesday, July 15th. Wolfe Research cut Pentair from an “outperform” rating to a “peer perform” rating in a report on Thursday, July 9th. Royal Bank Of Canada lowered shares of Pentair from an “outperform” rating to a “sector perform” rating and lowered their target price for the stock from $101.00 to $74.00 in a report on Wednesday, July 15th. Bank of America lowered their price objective on shares of Pentair from $100.00 to $88.00 and set an “underperform” rating for the company in a research report on Monday, April 20th. Finally, The Goldman Sachs Group decreased their target price on Pentair from $91.00 to $72.00 and set a “neutral” rating for the company in a research note on Wednesday, July 15th. Seven equities research 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. According to MarketBeat.com, the stock has an average rating of “Hold” and an average price target of $91.40.

Key Pentair News

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 Up 1.4%

Shares of NYSE PNR opened at $62.94 on Friday. The company has a debt-to-equity ratio of 0.51, a quick ratio of 1.19 and a current ratio of 1.88. Pentair plc has a 52 week low of $57.60 and a 52 week high of $113.95. The stock has a market capitalization of $10.17 billion, a P/E ratio of 15.43, a PEG ratio of 1.32 and a beta of 1.03. The stock’s fifty day moving average is $72.36 and its 200 day moving average is $86.20.

Pentair (NYSE:PNR) last posted its earnings results on Wednesday, April 29th. The industrial products company reported $1.22 earnings per share for the quarter, topping analysts’ consensus estimates of $1.17 by $0.05. The firm had revenue of $1.04 billion for the quarter, compared to analysts’ expectations of $1.03 billion. Pentair had a net margin of 15.98% and a return on equity of 21.92%. The company’s revenue was up 2.6% on a year-over-year basis. During the same quarter in the previous year, the firm posted $1.11 earnings per share. Sell-side analysts forecast that Pentair plc will post 4.78 earnings per share for the current fiscal year.

Pentair Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Friday, August 7th. Stockholders of record on Friday, July 24th will be paid a $0.27 dividend. This represents a $1.08 dividend on an annualized basis and a dividend yield of 1.7%. The ex-dividend date of this dividend is Friday, July 24th. Pentair’s dividend payout ratio is currently 26.47%.

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.