Danske Bank A S Acquires 29,000 Shares of Pentair plc $PNR

Danske Bank A S grew its holdings in shares of Pentair plc (NYSE:PNR) by 19.7% during the fourth quarter, HoldingsChannel reports. The institutional investor owned 176,305 shares of the industrial products company’s stock after buying an additional 29,000 shares during the period. Danske Bank A S’s holdings in Pentair were worth $18,360,000 at the end of the most recent quarter.

A number of other hedge funds have also recently modified their holdings of the business. Nordea Investment Management AB grew its stake 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 valued at $366,787,000 after buying an additional 647,162 shares during the last quarter. Ameriprise Financial Inc. grew its stake in shares of Pentair by 106.7% during the third quarter. Ameriprise Financial Inc. now owns 3,236,826 shares of the industrial products company’s stock valued at $358,521,000 after buying an additional 1,670,944 shares during the last quarter. Massachusetts Financial Services Co. MA grew its stake 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 valued at $274,810,000 after buying an additional 305,166 shares during the last quarter. Northern Trust Corp grew its stake in shares of Pentair by 0.9% during the third quarter. Northern Trust Corp now owns 2,149,531 shares of the industrial products company’s stock valued at $238,082,000 after buying an additional 18,716 shares during the last quarter. Finally, AQR Capital Management LLC grew its stake in shares of 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 valued at $161,754,000 after buying an additional 442,534 shares during the last quarter. Institutional investors own 92.37% of the company’s stock.

Pentair Stock Down 1.9%

Shares of NYSE PNR opened at $79.17 on Friday. The company has a debt-to-equity ratio of 0.51, a quick ratio of 0.95 and a current ratio of 1.88. The firm has a market capitalization of $12.79 billion, a price-to-earnings ratio of 19.40, a PEG ratio of 1.34 and a beta of 1.10. The stock has a 50 day moving average price of $90.55 and a 200 day moving average price of $99.89. Pentair plc has a 52-week low of $79.07 and a 52-week high of $113.95.

Pentair (NYSE:PNR) last posted its earnings results on Tuesday, April 28th. The industrial products company reported $1.22 earnings per share for the quarter, topping analysts’ consensus estimates of $1.17 by $0.05. The company had revenue of $1.04 billion during the quarter, compared to analyst estimates of $1.03 billion. Pentair had a return on equity of 21.92% and a net margin of 15.98%.Pentair’s revenue was up 2.6% on a year-over-year basis. During the same quarter in the prior year, the business earned $1.11 earnings per share. Pentair has set its FY 2026 guidance at 5.300-5.400 EPS and its Q2 2026 guidance at 1.470-1.500 EPS. Sell-side analysts expect that Pentair plc will post 5.35 earnings per share for the current year.

Pentair Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Friday, May 1st. Shareholders of record on Friday, April 17th were issued a dividend of $0.27 per share. The ex-dividend date was Friday, April 17th. This represents a $1.08 dividend on an annualized basis and a yield of 1.4%. Pentair’s dividend payout ratio is currently 26.47%.

Wall Street Analyst Weigh In

PNR has been the subject of a number of research reports. Royal Bank Of Canada lowered their price target on Pentair from $107.00 to $101.00 and set an “outperform” rating for the company in a report on Wednesday. Stifel Nicolaus lowered their price target on Pentair from $110.00 to $103.00 and set a “buy” rating for the company in a report on Wednesday. Seaport Research Partners lowered their price target on Pentair from $130.00 to $125.00 and set a “buy” rating for the company in a report on Wednesday. TD Cowen lowered their price target on Pentair from $90.00 to $75.00 and set a “sell” rating for the company in a report on Wednesday. Finally, Weiss Ratings lowered Pentair from a “buy (b-)” rating to a “hold (c+)” rating in a report on Wednesday, April 8th. Ten analysts have rated the stock with a Buy rating, two have assigned a Hold rating and three have issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company currently has an average rating of “Hold” and a consensus price target of $107.86.

Insiders Place Their Bets

In other Pentair news, Director Michael T. Speetzen sold 7,000 shares of the company’s stock in a transaction 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 completion of the sale, the director owned 8,290 shares in the company, valued at $828,917.10. This represents a 45.78% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. Also, EVP Philip M. Rolchigo sold 6,493 shares of the company’s stock in a transaction 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 sale, the executive vice president owned 29,096 shares of the company’s stock, valued at approximately $3,003,289.12. This represents a 18.24% decrease in their position. The disclosure for this sale is available in the SEC filing. 1.26% of the stock is owned by corporate insiders.

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.