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

Key Points

• Danske Bank A/S increased its stake in Pentair by 19.7%, buying 29,000 shares to hold 176,305 shares (about 0.11% of the company) valued at roughly $18.36 million.
• Pentair beat Q1 estimates with $1.22 EPS versus $1.17 expected and $1.04B in revenue, provided FY2026 guidance of $5.30–$5.40 EPS, and pays a $0.27 quarterly dividend (1.4% yield).
• Wall Street sentiment is mixed as several firms have lowered price targets and issued downgrades; the consensus rating is a "Hold" with a $107.86 target.

Danske Bank A S raised its holdings in shares of Pentair plc (NYSE:PNR - Free Report) by 19.7% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 176,305 shares of the industrial products company's stock after acquiring an additional 29,000 shares during the quarter. Danske Bank A S owned approximately 0.11% of Pentair worth $18,360,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also bought and sold shares of the business. Sigma Planning Corp raised its holdings in Pentair by 6.7% during the fourth quarter. Sigma Planning Corp now owns 7,338 shares of the industrial products company's stock valued at $768,000 after acquiring an additional 460 shares during the period. US Bancorp DE raised its holdings in Pentair by 0.4% during the fourth quarter. US Bancorp DE now owns 141,982 shares of the industrial products company's stock valued at $14,786,000 after acquiring an additional 583 shares during the period. Wealthfront Advisers LLC raised its holdings in Pentair by 2.4% during the fourth quarter. Wealthfront Advisers LLC now owns 5,098 shares of the industrial products company's stock valued at $531,000 after acquiring an additional 121 shares during the period. R Squared Ltd bought a new stake in Pentair during the fourth quarter valued at about $263,000. Finally, M&T Bank Corp raised its holdings in Pentair by 8.5% during the fourth quarter. M&T Bank Corp now owns 31,521 shares of the industrial products company's stock valued at $3,282,000 after acquiring an additional 2,462 shares during the period. 92.37% of the stock is owned by institutional investors.

Wall Street Analyst Weigh In

A number of equities research analysts have commented on PNR shares. TD Cowen decreased their price target on Pentair from $90.00 to $75.00 and set a "sell" rating on the stock in a report on Wednesday. Barclays dropped their price target on Pentair from $95.00 to $92.00 and set an "equal weight" rating for the company in a research note on Wednesday. Jefferies Financial Group reissued a "buy" rating and set a $125.00 price target (down from $135.00) on shares of Pentair in a research note on Tuesday, March 31st. BNP Paribas Exane lowered Pentair from a "hold" rating to a "strong sell" rating and set a $90.00 price target for the company. in a research note on Wednesday, January 7th. Finally, Bank of America dropped their price target on Pentair from $100.00 to $88.00 and set an "underperform" rating for the company in a research note on Monday, April 20th. Ten equities research analysts have rated the stock with a Buy rating, two have assigned a Hold rating and three have given a Sell rating to the company. According to MarketBeat, Pentair currently has an average rating of "Hold" and a consensus target price of $107.86.

Insider Buying and Selling

In other news, Director Michael T. Speetzen sold 7,000 shares of the company's stock in a transaction that occurred 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 transaction, the director owned 8,290 shares of the company's stock, valued at approximately $828,917.10. This represents a 45.78% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. Also, EVP Philip M. Rolchigo sold 6,493 shares of the company's stock in a transaction that occurred on Wednesday, February 25th. The shares were sold at an average price of $103.22, for a total value of $670,207.46. Following the transaction, the executive vice president directly owned 29,096 shares in the company, valued at approximately $3,003,289.12. This represents a 18.24% decrease in their position. The SEC filing for this sale provides additional information. Corporate insiders own 1.26% of the company's stock.

Pentair Trading Down 1.9%

Shares of PNR stock opened at $79.17 on Friday. Pentair plc has a 1 year low of $79.07 and a 1 year high of $113.95. The company has a debt-to-equity ratio of 0.51, a current ratio of 1.88 and a quick ratio of 0.95. The stock's 50 day simple moving average is $90.55 and its two-hundred day simple moving average is $99.89. The company has a market cap of $12.79 billion, a PE ratio of 19.40, a price-to-earnings-growth ratio of 1.34 and a beta of 1.10.

Pentair (NYSE:PNR - Get Free Report) last issued its quarterly earnings data on Tuesday, April 28th. The industrial products company reported $1.22 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $1.17 by $0.05. Pentair had a return on equity of 21.92% and a net margin of 15.98%.The business had revenue of $1.04 billion for the quarter, compared to the consensus estimate of $1.03 billion. During the same period in the prior year, the business posted $1.11 earnings per share. The company's quarterly revenue was up 2.6% compared to the same quarter last year. Pentair has set its FY 2026 guidance at 5.300-5.400 EPS and its Q2 2026 guidance at 1.470-1.500 EPS. Research analysts predict that Pentair plc will post 5.35 earnings per share for the current year.

Pentair Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Friday, May 1st. Shareholders of record on Friday, April 17th were given 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 26.47%.

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.

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