Sumitomo Mitsui Trust Group Inc. Sells 28,072 Shares of Pentair plc $PNR

Sumitomo Mitsui Trust Group Inc. decreased its holdings in shares of Pentair plc (NYSE:PNR) by 6.5% in the 4th quarter, according to its most recent Form 13F filing with the SEC. The firm owned 403,988 shares of the industrial products company’s stock after selling 28,072 shares during the period. Sumitomo Mitsui Trust Group Inc.’s holdings in Pentair were worth $42,071,000 as of its most recent SEC filing.

Several other large investors also recently added to or reduced their stakes in the business. Nordea Investment Management AB lifted its stake in 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 purchasing an additional 647,162 shares during the last quarter. Ameriprise Financial Inc. lifted its stake in Pentair by 106.7% during the third quarter. Ameriprise Financial Inc. now owns 3,236,826 shares of the industrial products company’s stock worth $358,521,000 after purchasing an additional 1,670,944 shares during the last quarter. Massachusetts Financial Services Co. MA lifted its stake in 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 purchasing an additional 305,166 shares during the last quarter. Northern Trust Corp lifted its stake in Pentair by 0.9% during the third quarter. Northern Trust Corp now owns 2,149,531 shares of the industrial products company’s stock worth $238,082,000 after purchasing an additional 18,716 shares during the last quarter. Finally, AQR Capital Management LLC lifted its stake in Pentair by 43.0% during the third quarter. AQR Capital Management LLC now owns 1,472,500 shares of the industrial products company’s stock worth $161,754,000 after purchasing an additional 442,534 shares during the last quarter. Institutional investors own 92.37% of the company’s stock.

Insider Buying and Selling

In other Pentair news, Director Michael T. Speetzen sold 7,000 shares of the company’s stock in a transaction that occurred on Wednesday, February 11th. The stock was sold at an average price of $99.99, for a total transaction of $699,930.00. Following the transaction, the director owned 8,290 shares in the company, valued at approximately $828,917.10. This represents a 45.78% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, EVP Philip M. Rolchigo sold 6,493 shares of the company’s stock in a transaction that occurred on Wednesday, February 25th. The stock was sold at an average price of $103.22, for a total value of $670,207.46. Following the transaction, the executive vice president owned 29,096 shares in the company, valued at $3,003,289.12. This trade represents a 18.24% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. 1.26% of the stock is currently owned by corporate insiders.

Pentair Stock Down 2.7%

Shares of NYSE:PNR opened at $88.39 on Thursday. Pentair plc has a 1 year low of $77.71 and a 1 year high of $113.95. The company has a market cap of $14.28 billion, a PE ratio of 22.32, a P/E/G ratio of 1.45 and a beta of 1.25. The company has a debt-to-equity ratio of 0.42, a current ratio of 1.61 and a quick ratio of 0.95. The stock’s 50-day moving average is $93.04 and its 200 day moving average is $101.61.

Pentair (NYSE:PNR) last announced its quarterly earnings results on Tuesday, February 3rd. The industrial products company reported $1.18 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.17 by $0.01. Pentair had a return on equity of 21.79% and a net margin of 15.66%.The company had revenue of $1.02 billion for the quarter, compared to the consensus estimate of $1.01 billion. During the same quarter in the previous year, the business earned $1.08 EPS. Pentair’s revenue was up 4.9% compared to the same quarter last year. Pentair has set its FY 2026 guidance at 5.250-5.400 EPS and its Q1 2026 guidance at 1.150-1.180 EPS. Sell-side analysts anticipate that Pentair plc will post 4.77 EPS for the current year.

Pentair Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Friday, May 1st. Shareholders of record on Friday, April 17th will be issued a dividend of $0.27 per share. The ex-dividend date is Friday, April 17th. This represents a $1.08 dividend on an annualized basis and a dividend yield of 1.2%. Pentair’s dividend payout ratio is 27.27%.

Wall Street Analysts Forecast Growth

Several equities research analysts have issued reports on PNR shares. Oppenheimer reaffirmed an “outperform” rating and set a $122.00 price target (down from $128.00) on shares of Pentair in a research note on Wednesday, February 4th. Robert W. Baird set a $117.00 price target on Pentair in a research note on Wednesday, February 4th. Jefferies Financial Group reaffirmed a “buy” rating and set a $125.00 price target (down from $135.00) on shares of Pentair in a research note on Tuesday, March 31st. Barclays dropped their price target on Pentair from $102.00 to $95.00 and set an “equal weight” rating for the company in a research note on Wednesday, April 1st. Finally, TD Cowen lowered Pentair from a “buy” rating to a “market perform” rating in a research note on Monday, January 5th. Ten equities research analysts have rated the stock with a Buy rating, three have assigned a Hold rating and three have issued a Sell rating to the stock. According to MarketBeat, Pentair currently has a consensus rating of “Hold” and a consensus price target of $111.87.

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.