9,810 Shares in Pentair plc $PNR Acquired by Cullen Capital Management LLC

Cullen Capital Management LLC acquired a new stake in Pentair plc (NYSE:PNR) during the 2nd quarter, HoldingsChannel reports. The firm acquired 9,810 shares of the industrial products company’s stock, valued at approximately $752,000.

Several other institutional investors and hedge funds have also bought and sold shares of PNR. Sound Financial Strategies Group LLC purchased a new stake in Pentair in the second quarter worth $231,000. Great Lakes Advisors LLC bought a new stake in shares of Pentair in the second quarter valued at $474,000. Handelsbanken Fonder AB lifted its position in shares of Pentair by 10.2% during the 2nd quarter. Handelsbanken Fonder AB now owns 206,025 shares of the industrial products company’s stock valued at $15,794,000 after buying an additional 19,053 shares during the last quarter. Czech National Bank lifted its position in shares of Pentair by 3.2% during the 2nd quarter. Czech National Bank now owns 45,999 shares of the industrial products company’s stock valued at $3,526,000 after buying an additional 1,432 shares during the last quarter. Finally, Hilltop National Bank bought a new position in shares of Pentair during the 2nd quarter worth $47,000. 92.37% of the stock is owned by institutional investors.

Key Pentair News

Here are the key news stories impacting Pentair this week:

• Neutral Sentiment: Multiple law firms reiterated that October 2, 2026 is the deadline for investors to seek lead-plaintiff status in a consolidated securities class action. The notices primarily solicit affected shareholders and do not represent new findings by a court. Rosen Law Firm deadline notice
• Negative Sentiment: The lawsuits allege that Pentair and certain executives violated federal securities laws by making material misstatements or omissions about the company’s ability to withstand significant destocking in its pool channel. The reported class periods generally cover purchases from March 11, 2025 or March 11, 2026 through July 14, 2026. Kessler Topaz lawsuit summary
• Negative Sentiment: One filing characterizes the catalyst as previously undisclosed pool-channel destocking and links it to a sharp decline in Pentair’s stock. If the allegations lead to damages, settlement costs, additional disclosures, or prolonged management distraction, they could create further financial and reputational pressure. Pentair pool-channel destocking lawsuit report
• Negative Sentiment: The unusually large number of investor-law-firm alerts increases visibility around the litigation and reinforces legal overhang for PNR. However, the announcements are largely duplicative reminders, and the allegations have not been established as fact. Faruqi and Faruqi shareholder action reminder

Analysts Set New Price Targets

Several equities research analysts recently weighed in on PNR shares. Deutsche Bank Aktiengesellschaft reissued a “buy” rating and issued a $81.00 price objective on shares of Pentair in a report on Monday, July 27th. Royal Bank Of Canada lowered shares of Pentair from an “outperform” rating to a “sector perform” rating and cut their target price for the stock from $101.00 to $74.00 in a research report on Wednesday, July 15th. Weiss Ratings downgraded shares of Pentair from a “hold (c)” rating to a “hold (c-)” rating in a research note on Monday, August 3rd. Mizuho lowered their price target on shares of Pentair from $100.00 to $85.00 and set an “outperform” rating on the stock in a research report on Tuesday, July 21st. Finally, Seaport Research Partners cut shares of Pentair from a “buy” rating to a “neutral” rating in a research note on Wednesday, July 15th. Eight analysts have rated the stock with a Buy rating, six have issued a Hold rating and four have given a Sell rating to the stock. According to MarketBeat.com, Pentair has an average rating of “Hold” and an average target price of $89.94.

Pentair Stock Performance

NYSE:PNR opened at $63.33 on Tuesday. The business’s fifty day moving average is $69.51 and its 200 day moving average is $80.36. The firm has a market cap of $10.11 billion, a price-to-earnings ratio of 15.91, a PEG ratio of 1.47 and a beta of 1.04. The company has a debt-to-equity ratio of 0.43, a quick ratio of 0.76 and a current ratio of 1.45. Pentair plc has a 52-week low of $57.60 and a 52-week high of $113.95.

Pentair (NYSE:PNR) last issued its earnings results on Wednesday, July 29th. The industrial products company reported $1.14 EPS for the quarter, topping the consensus estimate of $1.12 by $0.02. The business had revenue of $932.60 million during the quarter, compared to the consensus estimate of $943.24 million. Pentair had a return on equity of 20.62% and a net margin of 16.24%.The firm’s revenue was down 17.0% compared to the same quarter last year. During the same quarter last year, the company earned $1.39 EPS. Research analysts predict that Pentair plc will post 4.65 EPS for the current year.

About Pentair

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.