Eisler Capital Management Ltd. Invests $11.25 Million in Pentair plc (NYSE:PNR)

Eisler Capital Management Ltd. bought a new position in Pentair plc (NYSE:PNR - Free Report) in the fourth quarter, according to its most recent disclosure with the SEC. The firm bought 112,141 shares of the industrial products company's stock, valued at approximately $11,247,000. Pentair comprises approximately 0.1% of Eisler Capital Management Ltd.'s portfolio, making the stock its 23rd biggest position. Eisler Capital Management Ltd. owned about 0.07% of Pentair as of its most recent SEC filing.

Several other institutional investors have also modified their holdings of PNR. Parvin Asset Management LLC purchased a new position in Pentair during the fourth quarter worth about $25,000. SJS Investment Consulting Inc. increased its holdings in shares of Pentair by 753.8% during the 4th quarter. SJS Investment Consulting Inc. now owns 333 shares of the industrial products company's stock worth $34,000 after buying an additional 294 shares during the last quarter. Colonial Trust Co SC raised its position in shares of Pentair by 230.8% during the 4th quarter. Colonial Trust Co SC now owns 344 shares of the industrial products company's stock valued at $35,000 after buying an additional 240 shares during the period. Eastern Bank grew its position in Pentair by 144.9% in the fourth quarter. Eastern Bank now owns 507 shares of the industrial products company's stock worth $51,000 after acquiring an additional 300 shares during the period. Finally, Proficio Capital Partners LLC acquired a new position in shares of Pentair in the 4th quarter valued at $55,000. Hedge funds and other institutional investors own 92.37% of the company's stock.

Pentair Stock Down 0.0%

NYSE:PNR traded down $0.01 during mid-day trading on Friday, hitting $93.52. The stock had a trading volume of 1,195,867 shares, compared to its average volume of 1,502,425. The stock has a 50-day simple moving average of $86.52 and a two-hundred day simple moving average of $96.43. The company has a market capitalization of $15.39 billion, a PE ratio of 25.01, a PEG ratio of 1.87 and a beta of 1.11. Pentair plc has a twelve month low of $72.63 and a twelve month high of $110.71. The company has a current ratio of 1.60, a quick ratio of 0.92 and a debt-to-equity ratio of 0.46.

Pentair (NYSE:PNR - Get Free Report) last issued its earnings results on Tuesday, April 22nd. The industrial products company reported $1.11 earnings per share for the quarter, beating the consensus estimate of $1.01 by $0.10. The firm had revenue of $1.01 billion for the quarter, compared to analysts' expectations of $988.38 million. Pentair had a net margin of 15.32% and a return on equity of 20.94%. During the same quarter last year, the company earned $0.94 earnings per share. On average, equities research analysts anticipate that Pentair plc will post 4.77 EPS for the current year.

Pentair Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Friday, August 1st. Stockholders of record on Friday, July 18th will be given a dividend of $0.25 per share. This represents a $1.00 annualized dividend and a dividend yield of 1.07%. The ex-dividend date is Friday, July 18th. Pentair's dividend payout ratio (DPR) is presently 25.84%.

Insider Transactions at Pentair

In other news, Director David A. /Wi Jones sold 6,558 shares of the firm's stock in a transaction dated Monday, April 28th. The stock was sold at an average price of $89.94, for a total transaction of $589,826.52. Following the sale, the director now owns 26,313 shares of the company's stock, valued at approximately $2,366,591.22. This trade represents a 19.95% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Corporate insiders own 1.10% of the company's stock.

Wall Street Analyst Weigh In

A number of brokerages have weighed in on PNR. The Goldman Sachs Group set a $95.00 price target on shares of Pentair and gave the company a "neutral" rating in a research report on Tuesday, April 22nd. Stifel Nicolaus dropped their price objective on Pentair from $125.00 to $102.00 and set a "buy" rating for the company in a research note on Wednesday, April 16th. Robert W. Baird cut their price objective on Pentair from $114.00 to $107.00 and set an "outperform" rating on the stock in a report on Wednesday, April 23rd. UBS Group lowered their target price on Pentair from $115.00 to $110.00 and set a "buy" rating for the company in a report on Wednesday, April 23rd. Finally, Barclays boosted their price target on shares of Pentair from $110.00 to $111.00 and gave the stock an "overweight" rating in a research note on Wednesday, April 23rd. Four research analysts have rated the stock with a hold rating, eleven have given a buy rating and two have given a strong buy rating to the company's stock. According to data from MarketBeat.com, Pentair presently has a consensus rating of "Moderate Buy" and an average price target of $106.93.

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.