Robert Fishman Sells 7,786 Shares of Pentair (NYSE:PNR) Stock

Pentair plc (NYSE:PNR) CFO Robert Fishman sold 7,786 shares of the company’s stock in a transaction on Friday, November 14th. The shares were sold at an average price of $105.42, for a total value of $820,800.12. Following the transaction, the chief financial officer directly owned 63,164 shares in the company, valued at approximately $6,658,748.88. The trade was a 10.97% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link.

Pentair Trading Up 0.5%

Pentair stock opened at $102.58 on Thursday. Pentair plc has a one year low of $74.25 and a one year high of $113.95. The business’s fifty day moving average is $108.90 and its 200 day moving average is $104.75. The company has a debt-to-equity ratio of 0.42, a current ratio of 1.46 and a quick ratio of 0.82. The stock has a market capitalization of $16.79 billion, a PE ratio of 26.04, a price-to-earnings-growth ratio of 2.00 and a beta of 1.14.

Pentair (NYSE:PNR) last posted its earnings results on Tuesday, October 21st. The industrial products company reported $1.24 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.18 by $0.06. Pentair had a net margin of 15.84% and a return on equity of 21.83%. The business had revenue of $1.02 billion for the quarter, compared to analysts’ expectations of $1 billion. During the same quarter in the prior year, the business earned $1.09 EPS. The business’s revenue for the quarter was up 2.9% compared to the same quarter last year. Pentair has set its Q4 2025 guidance at 1.110-1.160 EPS. FY 2025 guidance at 4.850-4.900 EPS. On average, sell-side analysts predict that Pentair plc will post 4.77 EPS for the current year.

Pentair Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Friday, November 7th. Shareholders of record on Friday, October 24th were paid a dividend of $0.25 per share. The ex-dividend date was Friday, October 24th. This represents a $1.00 dividend on an annualized basis and a yield of 1.0%. Pentair’s payout ratio is currently 25.38%.

Wall Street Analysts Forecast Growth

A number of equities analysts have recently issued reports on the company. Weiss Ratings restated a “buy (b-)” rating on shares of Pentair in a research note on Wednesday, October 8th. Robert W. Baird set a $130.00 target price on Pentair in a research report on Wednesday, October 22nd. TD Cowen lowered shares of Pentair from a “buy” rating to a “hold” rating and reduced their price target for the company from $115.00 to $110.00 in a research report on Wednesday, July 23rd. Royal Bank Of Canada raised their price objective on shares of Pentair from $121.00 to $124.00 and gave the stock an “outperform” rating in a report on Wednesday, October 22nd. Finally, UBS Group boosted their target price on shares of Pentair from $120.00 to $124.00 and gave the company a “buy” rating in a research report on Wednesday, October 22nd. Two investment analysts have rated the stock with a Strong Buy rating, eleven have given a Buy rating, three have given a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $119.93.

Institutional Investors Weigh In On Pentair

Several hedge funds and other institutional investors have recently added to or reduced their stakes in PNR. Richardson Financial Services Inc. lifted its holdings in Pentair by 64.9% during the third quarter. Richardson Financial Services Inc. now owns 249 shares of the industrial products company’s stock valued at $28,000 after purchasing an additional 98 shares in the last quarter. Moors & Cabot Inc. lifted its stake in shares of Pentair by 0.9% during the 3rd quarter. Moors & Cabot Inc. now owns 11,006 shares of the industrial products company’s stock valued at $1,219,000 after buying an additional 100 shares in the last quarter. Wedmont Private Capital lifted its stake in shares of Pentair by 2.7% during the 3rd quarter. Wedmont Private Capital now owns 3,906 shares of the industrial products company’s stock valued at $432,000 after buying an additional 101 shares in the last quarter. Portside Wealth Group LLC boosted its holdings in Pentair by 2.9% in the 2nd quarter. Portside Wealth Group LLC now owns 3,644 shares of the industrial products company’s stock worth $374,000 after buying an additional 102 shares during the period. Finally, Greenwich Wealth Management LLC increased its stake in Pentair by 1.4% in the 2nd quarter. Greenwich Wealth Management LLC now owns 7,223 shares of the industrial products company’s stock worth $742,000 after buying an additional 102 shares in the last quarter. 92.37% of the stock is owned by hedge funds and other institutional investors.

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.