Rep. Julie Johnson Sells Off Shares of Pentair plc (NYSE:PNR)

Representative Julie Johnson (D-Texas) recently sold shares of Pentair plc (NYSE:PNR). In a filing disclosed on May 14th, the Representative disclosed that they had sold between $1,001 and $15,000 in Pentair stock on April 7th.

Representative Julie Johnson also recently made the following trade(s):

• Purchased $1,001 – $15,000 in shares of Fidelity National Information Services (NYSE:FIS) on 4/30/2025.
• Sold $1,001 – $15,000 in shares of Blackstone (NYSE:BX) on 4/22/2025.
• Purchased $1,001 – $15,000 in shares of Fidelity National Information Services (NYSE:FIS) on 4/22/2025.
• Sold $1,001 – $15,000 in shares of United Parcel Service (NYSE:UPS) on 4/15/2025.
• Sold $1,001 – $15,000 in shares of United Parcel Service (NYSE:UPS) on 4/11/2025.
• Purchased $1,001 – $15,000 in shares of 3M (NYSE:MMM) on 4/11/2025.
• Sold $1,001 – $15,000 in shares of DT Midstream (NYSE:DTM) on 4/7/2025.
• Sold $1,001 – $15,000 in shares of Intuitive Surgical (NASDAQ:ISRG) on 4/7/2025.
• Sold $1,001 – $15,000 in shares of Howmet Aerospace (NYSE:HWM) on 4/7/2025.
• Sold $1,001 – $15,000 in shares of Carlisle Companies (NYSE:CSL) on 4/7/2025.

Pentair Stock Up 3.4%

Shares of NYSE PNR opened at $101.12 on Friday. The stock has a market cap of $16.64 billion, a PE ratio of 27.04, a PEG ratio of 1.87 and a beta of 1.11. The business has a fifty day moving average of $87.57 and a two-hundred day moving average of $96.43. Pentair plc has a 52-week low of $72.63 and a 52-week high of $110.71. The company has a debt-to-equity ratio of 0.46, a quick ratio of 0.92 and a current ratio of 1.60.

Pentair (NYSE:PNR) last issued its quarterly earnings data on Tuesday, April 22nd. The industrial products company reported $1.11 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.01 by $0.10. The company had revenue of $1.01 billion during the quarter, compared to analysts’ expectations of $988.38 million. Pentair had a return on equity of 20.94% and a net margin of 15.32%. During the same period last year, the business earned $0.94 earnings per share. As a group, equities research analysts expect that Pentair plc will post 4.77 earnings per share for the current fiscal year.

Pentair Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Friday, August 1st. Shareholders of record on Friday, July 18th will be issued a dividend of $0.25 per share. The ex-dividend date of this dividend is Friday, July 18th. This represents a $1.00 dividend on an annualized basis and a dividend yield of 0.99%. Pentair’s payout ratio is presently 25.84%.

Analyst Ratings Changes

A number of brokerages have recently weighed in on PNR. Citigroup lowered their target price on Pentair from $118.00 to $98.00 and set a “buy” rating for the company in a research note on Monday, April 14th. Mizuho set a $100.00 target price on Pentair in a research note on Tuesday, April 22nd. StockNews.com upgraded Pentair from a “hold” rating to a “buy” rating in a research note on Wednesday. Baird R W upgraded Pentair from a “hold” rating to a “strong-buy” rating in a research note on Tuesday, March 25th. Finally, Robert W. Baird lowered their target price on Pentair from $114.00 to $107.00 and set an “outperform” rating for the company in a research note on Wednesday, April 23rd. Two equities research analysts have rated the stock with a hold rating, thirteen have assigned a buy rating and two have given a strong buy rating to the stock. According to MarketBeat, the stock currently has a consensus rating of “Buy” and a consensus price target of $107.14.

Institutional Trading of Pentair

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Vanguard Group Inc. increased its position in Pentair by 0.7% in the fourth quarter. Vanguard Group Inc. now owns 20,216,366 shares of the industrial products company’s stock worth $2,034,575,000 after purchasing an additional 148,031 shares during the period. FMR LLC increased its position in Pentair by 7.0% in the fourth quarter. FMR LLC now owns 6,101,253 shares of the industrial products company’s stock worth $614,030,000 after purchasing an additional 396,581 shares during the period. Amundi increased its position in Pentair by 13.6% in the first quarter. Amundi now owns 4,974,612 shares of the industrial products company’s stock worth $412,033,000 after purchasing an additional 594,989 shares during the period. Geode Capital Management LLC increased its position in Pentair by 2.2% in the fourth quarter. Geode Capital Management LLC now owns 4,086,763 shares of the industrial products company’s stock worth $410,240,000 after purchasing an additional 87,244 shares during the period. Finally, Invesco Ltd. grew its position in shares of Pentair by 16.5% during the 1st quarter. Invesco Ltd. now owns 3,829,985 shares of the industrial products company’s stock worth $335,047,000 after buying an additional 541,461 shares during the period. 92.37% of the stock is currently owned by institutional investors and hedge funds.

Insider Transactions at Pentair

In other news, Director David A. /Wi Jones sold 6,558 shares of the business’s stock in a transaction dated Monday, April 28th. The stock was sold at an average price of $89.94, for a total transaction of $589,826.52. Following the completion of the transaction, the director now directly owns 26,313 shares in the company, valued at approximately $2,366,591.22. The trade was a 19.95% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Corporate insiders own 1.45% of the company’s stock.

About Representative Johnson

Julie Johnson (Democratic Party) is a member of the U.S. House, representing Texas’ 32nd Congressional District. She assumed office on January 3, 2025. Her current term ends on January 3, 2027.

Johnson (Democratic Party) ran for election to the U.S. House to represent Texas’ 32nd Congressional District. She won in the general election on November 5, 2024.

Julie Johnson earned a B.A. in history and government from the University of Texas at Austin in 1987 and a J.D. from the University of Houston Law Center in 1991. Johnson’s career experience includes working as an attorney.

About Pentair

Pentair plc provides various water solutions in the United States, Western Europe, China, Eastern Europe, Latin America, the Middle East, Southeast Asia, Australia, Canada, and Japan. The company operates through three segments: Flow, Water Solutions, and Pool. The Flow segment designs, manufactures, and sells fluid treatment and pump products and systems, including pressure vessels, gas recovery solutions, membrane bioreactors, wastewater reuse systems and advanced membrane filtration, separation systems, water disposal pumps, water supply pumps, fluid transfer pumps, turbine pumps, solid handling pumps, and agricultural spray nozzles for fluid delivery, ion exchange, desalination, food and beverage, separation technologies in the oil and gas industry, residential and municipal wells, water treatment, wastewater solids handling, pressure boosting, circulation and transfer, fire suppression, flood control, agricultural irrigation, and crop spray in residential, commercial, and industrial markets.