Ancora Advisors LLC Invests $2.28 Million in Pentair plc $PNR

Key Points

• Ancora Advisors acquired 29,688 Pentair shares during the second quarter, establishing a new position valued at approximately $2.28 million. Institutional investors collectively own 92.37% of the company.
• Pentair is financing its planned $1.42 billion Taco Group acquisition with new term loans, which could expand its water-solutions portfolio but also increase leverage.
• The stock faces significant headwinds from inventory-destocking issues, related securities litigation allegations and weaker financial results. Analysts’ average rating is “Hold”, with an average price target of $89.94, while shares recently traded near $59.90 after revenue fell 17% year over year.

Ancora Advisors LLC acquired a new stake in Pentair plc (NYSE:PNR - Free Report) in the 2nd quarter, according to the company in its most recent 13F filing with the SEC. The firm acquired 29,688 shares of the industrial products company's stock, valued at approximately $2,276,000.

Other hedge funds and other institutional investors have also modified their holdings of the company. Greenleaf Trust bought a new stake in shares of Pentair during the 2nd quarter worth approximately $341,000. Wellington Management Group LLP raised its position in Pentair by 277.8% during the second quarter. Wellington Management Group LLP now owns 48,370 shares of the industrial products company's stock worth $3,708,000 after acquiring an additional 35,568 shares in the last quarter. Public Employees Retirement System of Ohio acquired a new stake in Pentair in the second quarter valued at $3,805,000. Cullen Capital Management LLC acquired a new stake in Pentair in the second quarter valued at $752,000. Finally, Sound Financial Strategies Group LLC bought a new position in shares of Pentair in the 2nd quarter valued at about $231,000. Institutional investors and hedge funds own 92.37% of the company's stock.

Key Headlines Impacting Pentair

Here are the key news stories impacting Pentair this week:

• Positive Sentiment: Pentair secured new term loans to help finance its previously announced $1.42 billion acquisition of Taco Group Holdings. The transaction could expand Pentair’s water-solutions portfolio and create longer-term growth opportunities, although the added borrowing increases financial leverage. Pentair Secures New Term Loans for Taco Acquisition
• Neutral Sentiment: Multiple law firms are soliciting investors for a securities class action against Pentair. The announcements largely repeat the same allegations and do not represent new findings by regulators or a court, but they keep legal and disclosure risks in focus. Investors who purchased shares during proposed class periods may seek lead-plaintiff status by October 2, 2026. Pentair Securities Class Action Announcement
• Negative Sentiment: The core lawsuit allegations claim Pentair misled investors about inventory destocking in its Pool channel. One shareholder alert states that destocking reduced segment sales by approximately $170 million, following a sharp selloff after the company disclosed the issue on July 14. The allegations raise concerns about prior guidance, management’s disclosures and potential litigation costs or damages. PNR Shareholder Alert

Analyst Ratings Changes

PNR has been the topic of several recent analyst reports. Jefferies Financial Group set a $90.00 price objective on shares of Pentair in a research note on Wednesday, July 15th. Zacks Research cut Pentair from a "hold" rating to a "strong sell" rating in a report on Wednesday, August 12th. Stifel Nicolaus reissued a "hold" rating and set a $65.00 price target (down from $103.00) on shares of Pentair in a research report on Thursday, July 16th. Deutsche Bank Aktiengesellschaft restated a "buy" rating and issued a $81.00 price objective on shares of Pentair in a research note on Monday, July 27th. Finally, BNP Paribas Exane reaffirmed an "underperform" rating and issued a $64.00 price objective (down from $75.00) on shares of Pentair in a research report on Thursday, July 16th. Eight equities research analysts have rated the stock with a Buy rating, six have issued a Hold rating and four have assigned a Sell rating to the company's stock. Based on data from MarketBeat, the stock currently has an average rating of "Hold" and an average price target of $89.94.

Pentair Price Performance

NYSE:PNR opened at $59.90 on Thursday. Pentair plc has a 52 week low of $57.60 and a 52 week high of $113.95. The company has a debt-to-equity ratio of 0.43, a quick ratio of 0.76 and a current ratio of 1.45. The firm's 50-day simple moving average is $67.73 and its 200 day simple moving average is $78.56. The firm has a market cap of $9.56 billion, a price-to-earnings ratio of 15.05, a P/E/G ratio of 1.54 and a beta of 1.02.

Pentair (NYSE:PNR - Get Free Report) last posted its quarterly earnings data on Wednesday, July 29th. The industrial products company reported $1.14 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $1.12 by $0.02. Pentair had a net margin of 16.24% and a return on equity of 20.62%. The firm had revenue of $932.60 million during the quarter, compared to the consensus estimate of $943.24 million. During the same quarter in the previous year, the firm posted $1.39 EPS. The business's revenue for the quarter was down 17.0% compared to the same quarter last year. As a group, sell-side analysts predict that Pentair plc will post 4.64 earnings per share for the current year.

Pentair Company 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.

Want to see what other hedge funds are holding PNR? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Pentair plc (NYSE:PNR - Free Report).

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.

Continue following MarketBeat

Add MarketBeat as your preferred source on Google to see our latest stories in your feed.

Add As Preferred Source