Securian Asset Management Inc. Sells 100 Shares of Pentair plc $PNR

Securian Asset Management Inc. lowered its stake in shares of Pentair plc (NYSE:PNR) by 1.2% during the second quarter, Holdings Channel.com reports. The institutional investor owned 8,480 shares of the industrial products company’s stock after selling 100 shares during the quarter. Securian Asset Management Inc.’s holdings in Pentair were worth $871,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in PNR. GAMMA Investing LLC boosted its holdings in Pentair by 14.0% during the first quarter. GAMMA Investing LLC now owns 3,964 shares of the industrial products company’s stock worth $347,000 after buying an additional 487 shares during the last quarter. Oppenheimer & Co. Inc. lifted its holdings in shares of Pentair by 1.3% during the 1st quarter. Oppenheimer & Co. Inc. now owns 44,713 shares of the industrial products company’s stock valued at $3,911,000 after purchasing an additional 554 shares in the last quarter. Oppenheimer Asset Management Inc. bought a new position in shares of Pentair during the 1st quarter valued at about $231,000. Asset Management One Co. Ltd. lifted its holdings in shares of Pentair by 4.8% during the 1st quarter. Asset Management One Co. Ltd. now owns 75,337 shares of the industrial products company’s stock valued at $6,590,000 after purchasing an additional 3,476 shares in the last quarter. Finally, Lecap Asset Management Ltd. lifted its holdings in shares of Pentair by 18.5% during the 1st quarter. Lecap Asset Management Ltd. now owns 13,877 shares of the industrial products company’s stock valued at $1,214,000 after purchasing an additional 2,171 shares in the last quarter. Institutional investors own 92.37% of the company’s stock.

Wall Street Analyst Weigh In

PNR has been the topic of several recent analyst reports. Mizuho lifted their price objective on Pentair from $118.00 to $122.00 and gave the company an “outperform” rating in a report on Wednesday, July 23rd. Bank of America cut Pentair from a “neutral” rating to an “underperform” rating and cut their price objective for the company from $106.00 to $100.00 in a report on Tuesday, July 29th. Citigroup lifted their price objective on Pentair from $126.00 to $133.00 and gave the company a “buy” rating in a report on Thursday, October 9th. TD Cowen cut Pentair from a “buy” rating to a “hold” rating and cut their price objective for the company from $115.00 to $110.00 in a report on Wednesday, July 23rd. Finally, Stifel Nicolaus lifted their price objective on Pentair from $104.00 to $124.00 and gave the company a “buy” rating in a report on Monday, July 21st. Two equities research analysts have rated the stock with a Strong Buy rating, eleven have assigned a Buy rating, three have given a Hold rating and one has given a Sell rating to the company. According to MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus target price of $119.93.

Pentair Stock Up 1.4%

Shares of Pentair stock opened at $110.84 on Friday. The business’s 50 day simple moving average is $109.33 and its 200 day simple moving average is $101.58. Pentair plc has a 52-week low of $74.25 and a 52-week high of $113.95. The firm has a market cap of $18.14 billion, a PE ratio of 28.13, a P/E/G ratio of 2.06 and a beta of 1.10. The company has a debt-to-equity ratio of 0.42, a quick ratio of 0.84 and a current ratio of 1.46.

Pentair (NYSE:PNR) last announced its earnings results on Tuesday, October 21st. The industrial products company reported $1.24 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.18 by $0.06. Pentair had a return on equity of 21.83% and a net margin of 15.84%.The business had revenue of $1.02 billion for the quarter, compared to analyst estimates of $1 billion. During the same quarter last year, the firm earned $1.09 EPS. Pentair’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, analysts predict that Pentair plc will post 4.77 earnings per share for the current fiscal year.

Pentair Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Friday, November 7th. Shareholders of record on Friday, October 24th will be given a dividend of $0.25 per share. The ex-dividend date of this dividend is Friday, October 24th. This represents a $1.00 annualized dividend and a dividend yield of 0.9%. Pentair’s payout ratio is 25.38%.

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.