J. Safra Sarasin Holding AG decreased its holdings in shares of Pentair plc (NYSE:PNR – Free Report) by 79.4% during the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 3,818 shares of the industrial products company’s stock after selling 14,743 shares during the quarter. J. Safra Sarasin Holding AG’s holdings in Pentair were worth $332,000 as of its most recent filing with the Securities and Exchange Commission.
A number of other institutional investors have also recently added to or reduced their stakes in the business. Avanza Fonder AB grew its stake in Pentair by 142.1% during the 4th quarter. Avanza Fonder AB now owns 38,940 shares of the industrial products company’s stock valued at $4,055,000 after purchasing an additional 22,858 shares in the last quarter. Massachusetts Financial Services Co. MA grew its position in shares of Pentair by 13.1% during the fourth quarter. Massachusetts Financial Services Co. MA now owns 2,638,855 shares of the industrial products company’s stock worth $274,810,000 after buying an additional 305,166 shares in the last quarter. Nordea Investment Management AB grew its position in shares of Pentair by 22.8% during the fourth quarter. Nordea Investment Management AB now owns 3,484,915 shares of the industrial products company’s stock worth $366,787,000 after buying an additional 647,162 shares in the last quarter. SG Americas Securities LLC increased its stake in shares of Pentair by 624.2% in the fourth quarter. SG Americas Securities LLC now owns 362,648 shares of the industrial products company’s stock worth $37,766,000 after buying an additional 312,574 shares during the last quarter. Finally, Hudson Bay Capital Management LP raised its holdings in Pentair by 38.2% in the third quarter. Hudson Bay Capital Management LP now owns 132,134 shares of the industrial products company’s stock valued at $14,635,000 after acquiring an additional 36,498 shares in the last quarter. 92.37% of the stock is owned by hedge funds and other institutional investors.
Analyst Ratings Changes
Several research analysts have weighed in on PNR shares. Citigroup decreased their price objective on shares of Pentair from $112.00 to $106.00 and set a “buy” rating for the company in a report on Wednesday, April 29th. Robert W. Baird cut their target price on shares of Pentair from $110.00 to $83.00 and set an “outperform” rating on the stock in a research note on Wednesday. Bank of America decreased their price target on Pentair from $100.00 to $88.00 and set an “underperform” rating for the company in a research note on Monday, April 20th. Wolfe Research lowered Pentair from an “outperform” rating to a “peer perform” rating in a report on Thursday, July 9th. Finally, Royal Bank Of Canada cut Pentair from an “outperform” rating to a “sector perform” rating and cut their price objective for the company from $101.00 to $74.00 in a research note on Wednesday. Eight analysts have rated the stock with a Buy rating, four have assigned a Hold rating and three have given a Sell rating to the company’s stock. According to data from MarketBeat.com, the company has a consensus rating of “Hold” and an average price target of $97.00.
Pentair Stock Down 14.8%
PNR stock opened at $64.46 on Thursday. The firm has a market cap of $10.42 billion, a price-to-earnings ratio of 15.80, a PEG ratio of 1.28 and a beta of 1.03. Pentair plc has a 1-year low of $57.60 and a 1-year high of $113.95. The firm has a fifty day moving average price of $74.12 and a two-hundred day moving average price of $88.16. The company has a debt-to-equity ratio of 0.51, a current ratio of 1.88 and a quick ratio of 1.19.
Pentair (NYSE:PNR – Get Free Report) last posted its quarterly earnings results on Wednesday, April 29th. The industrial products company reported $1.22 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.17 by $0.05. Pentair had a net margin of 15.98% and a return on equity of 21.92%. The company had revenue of $1.04 billion for the quarter, compared to the consensus estimate of $1.03 billion. During the same period last year, the firm posted $1.11 EPS. The company’s revenue for the quarter was up 2.6% on a year-over-year basis. Research analysts predict that Pentair plc will post 5.35 EPS for the current year.
Pentair Announces Dividend
The business also recently announced 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. This represents a $1.08 dividend on an annualized basis and a yield of 1.7%. The ex-dividend date is Friday, July 24th. Pentair’s payout ratio is presently 26.47%.
More Pentair News
Here are the key news stories impacting Pentair this week:
- Negative Sentiment: Pentair said preliminary Q2 sales are expected to be about $930 million, well below prior expectations, citing adverse Pool channel inventory destocking. Article Title
- Negative Sentiment: The company cut full-year 2026 guidance, signaling sales may decline 4% to 7% and EPS may come in around $3.90 to $4.10, far below previous targets. Article Title
- Negative Sentiment: Pentair also announced an unexpected CFO transition, with former CFO Bob Fishman returning as interim CFO, which raises questions about leadership stability. Article Title
- Negative Sentiment: Multiple law firms announced securities-fraud investigations, reflecting investor concerns that the company may have provided overly optimistic guidance before the warning. Article Title
Pentair 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.
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