Hsbc Holdings PLC grew its position in shares of Pentair plc (NYSE:PNR – Free Report) by 1,459.8% during the 1st quarter, Holdings Channel reports. The firm owned 1,270,578 shares of the industrial products company’s stock after purchasing an additional 1,189,122 shares during the period. Hsbc Holdings PLC’s holdings in Pentair were worth $110,617,000 at the end of the most recent reporting period.
A number of other hedge funds and other institutional investors also recently modified their holdings of PNR. Annis Gardner Whiting Capital Advisors LLC boosted its stake in 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 valued at $26,000 after buying an additional 105 shares in the last quarter. Wexford Capital LP bought a new stake in Pentair in the third quarter worth about $26,000. Motiv8 Investments LLC bought a new stake in Pentair in the fourth quarter worth about $27,000. Aster Capital Management DIFC Ltd bought a new stake in Pentair in the fourth quarter worth about $43,000. Finally, Park Square Financial Group LLC lifted its holdings in Pentair by 502.8% in the 4th quarter. Park Square Financial Group LLC now owns 434 shares of the industrial products company’s stock valued at $44,000 after acquiring an additional 362 shares during the last quarter. Institutional investors own 92.37% of the company’s stock.
Pentair Trading Down 4.9%
Shares of PNR opened at $62.48 on Friday. The business’s 50-day moving average price is $73.57 and its 200 day moving average price is $87.70. The stock has a market capitalization of $10.10 billion, a P/E ratio of 15.31, a P/E/G ratio of 1.13 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 company has a current ratio of 1.88, a quick ratio of 1.19 and a debt-to-equity ratio of 0.51.
Pentair Dividend Announcement
The company also recently declared a quarterly dividend, which will be paid on Friday, August 7th. Investors of record on Friday, July 24th will be given a $0.27 dividend. This represents a $1.08 annualized dividend and a dividend yield of 1.7%. The ex-dividend date is Friday, July 24th. Pentair’s dividend payout ratio is 26.47%.
Analyst Ratings Changes
PNR has been the subject of several research reports. Citigroup reduced their price objective on shares of Pentair from $112.00 to $106.00 and set a “buy” rating for the company in a research report on Wednesday, April 29th. Wall Street Zen lowered shares of Pentair from a “buy” rating to a “hold” rating in a research note on Saturday, April 11th. Bank of America reduced their target price on shares of Pentair from $100.00 to $88.00 and set an “underperform” rating for the company in a report on Monday, April 20th. BNP Paribas Exane restated an “underperform” rating and issued a $64.00 price target (down from $75.00) on shares of Pentair in a research report on Thursday. Finally, Weiss Ratings cut Pentair from a “hold (c+)” rating to a “hold (c)” rating in a report on Monday, May 11th. Seven research analysts have rated the stock with a Buy rating, six have given a Hold rating and three have issued a Sell rating to the stock. According to MarketBeat.com, the company presently has an average rating of “Hold” and a consensus target price of $93.87.
Check Out Our Latest Stock Report on Pentair
Pentair News Summary
Here are the key news stories impacting Pentair this week:
- Neutral Sentiment: Some analysts remain constructive despite the selloff, with at least one firm maintaining an outperform-style view after lowering its price target. Pentair price target lowered by Oppenheimer
- Negative Sentiment: Pentair’s management cut its 2026 sales and earnings outlook due to deeper pool-channel destocking and weak demand, signaling that operating conditions are deteriorating. PNR Cuts Q226 & FY26 Outlook on Pool Weakness
- Negative Sentiment: Investors were unsettled by the abrupt CFO departure announced alongside the weaker forecast, raising questions about leadership continuity and timing. Pentair (PNR) Is Down 12.2% After Cutting 2026 Outlook And Announcing CFO Exit
- Negative Sentiment: Multiple law firms have launched securities-fraud investigations tied to Pentair’s July 2026 disclosure, adding legal uncertainty and potential distraction for management. Securities Fraud Investigation Into Pentair plc (PNR) Announced
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.
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