Hudson Bay Capital Management LP Reduces Position in Pentair plc $PNR

Hudson Bay Capital Management LP decreased its holdings in shares of Pentair plc (NYSE:PNR) by 14.0% during the second quarter, according to the company in its most recent disclosure with the SEC. The fund owned 95,636 shares of the industrial products company’s stock after selling 15,506 shares during the quarter. Hudson Bay Capital Management LP owned 0.06% of Pentair worth $9,818,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Public Sector Pension Investment Board grew its position in Pentair by 8.4% in the 1st quarter. Public Sector Pension Investment Board now owns 22,396 shares of the industrial products company’s stock valued at $1,959,000 after acquiring an additional 1,744 shares during the last quarter. Horizon Investments LLC grew its holdings in shares of Pentair by 4.8% in the first quarter. Horizon Investments LLC now owns 2,372 shares of the industrial products company’s stock worth $207,000 after purchasing an additional 109 shares during the last quarter. Ethic Inc. grew its holdings in shares of Pentair by 1.3% in the first quarter. Ethic Inc. now owns 23,300 shares of the industrial products company’s stock worth $2,051,000 after purchasing an additional 309 shares during the last quarter. American Century Companies Inc. increased its stake in Pentair by 8.6% in the 1st quarter. American Century Companies Inc. now owns 8,837 shares of the industrial products company’s stock worth $773,000 after buying an additional 703 shares during the period. Finally, Cresset Asset Management LLC lifted its holdings in Pentair by 13.0% during the 1st quarter. Cresset Asset Management LLC now owns 90,162 shares of the industrial products company’s stock valued at $7,887,000 after buying an additional 10,378 shares in the last quarter. 92.37% of the stock is owned by institutional investors.

Wall Street Analysts Forecast Growth

A number of equities analysts have commented on the stock. Royal Bank Of Canada upped their target price on shares of Pentair from $121.00 to $124.00 and gave the stock an “outperform” rating in a research note on Wednesday, October 22nd. UBS Group raised their price objective on Pentair from $120.00 to $124.00 and gave the stock a “buy” rating in a report on Wednesday, October 22nd. Citigroup lifted their target price on Pentair from $126.00 to $133.00 and gave the company a “buy” rating in a research report on Thursday, October 9th. JPMorgan Chase & Co. increased their price target on Pentair from $116.00 to $126.00 and gave the stock an “overweight” rating in a research report on Wednesday, October 15th. Finally, Barclays downgraded Pentair from an “overweight” rating to an “equal weight” rating and decreased their price objective for the company from $127.00 to $115.00 in a report on Thursday, December 4th. Two research analysts have rated the stock with a Strong Buy rating, eleven have given a Buy rating, four have assigned a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat, Pentair presently has a consensus rating of “Moderate Buy” and a consensus price target of $121.07.

Pentair Stock Performance

PNR stock opened at $105.98 on Monday. Pentair plc has a one year low of $74.25 and a one year high of $113.95. The firm has a market cap of $17.34 billion, a price-to-earnings ratio of 26.90, a PEG ratio of 2.04 and a beta of 1.21. The company has a debt-to-equity ratio of 0.42, a quick ratio of 0.82 and a current ratio of 1.46. The firm has a 50-day simple moving average of $106.96 and a two-hundred day simple moving average of $105.76.

Pentair (NYSE:PNR) last posted its quarterly earnings data on Tuesday, October 21st. The industrial products company reported $1.24 EPS for the quarter, topping 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 firm had revenue of $1.02 billion during the quarter, compared to analyst estimates of $1 billion. During the same quarter in the previous year, the business posted $1.09 EPS. Pentair’s revenue was up 2.9% on a year-over-year basis. Pentair has set its Q4 2025 guidance at 1.110-1.160 EPS and its FY 2025 guidance at 4.850-4.900 EPS. On average, equities analysts forecast that Pentair plc will post 4.77 EPS for the current fiscal year.

Pentair Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Friday, November 7th. Stockholders of record on Friday, October 24th were issued a dividend of $0.25 per share. This represents a $1.00 annualized dividend and a dividend yield of 0.9%. The ex-dividend date was Friday, October 24th. Pentair’s dividend payout ratio is currently 25.38%.

Insiders Place Their Bets

In other Pentair news, Director T Michael Glenn sold 6,558 shares of the firm’s stock in a transaction dated Monday, December 1st. The stock was sold at an average price of $104.33, for a total value of $684,196.14. Following the completion of the sale, the director owned 31,192 shares of the company’s stock, valued at approximately $3,254,261.36. This trade represents a 17.37% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CFO Robert P. Fishman sold 7,786 shares of the business’s stock in a transaction dated Friday, November 14th. The stock was sold at an average price of $105.42, for a total value of $820,800.12. Following the sale, the chief financial officer owned 63,164 shares in the company, valued at $6,658,748.88. The trade was a 10.97% decrease in their position. The disclosure for this sale is available in the SEC filing. 1.45% of the stock is owned by company insiders.

Pentair Company Profile

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.