Gotham Asset Management LLC Boosts Stock Position in Pentair plc $PNR

Key Points

• Gotham Asset Management raised its Pentair stake by 162.6% in Q3 to 387,143 shares (~0.24% of the company), worth about $42.88 million, while institutional investors own 92.37% of the stock.
• Company insiders have been selling: EVP Philip M. Rolchigo sold 6,493 shares at $103.22 and director Michael T. Speetzen sold 7,000 shares at $99.99, leaving insiders with 1.45% ownership.
• Analysts are mixed with a consensus rating of Hold and a $114.47 target after several downgrades, and Pentair recently declared a $0.27 quarterly dividend (annualized $1.08, ~1.2% yield).

Gotham Asset Management LLC raised its stake in Pentair plc (NYSE:PNR - Free Report) by 162.6% in the 3rd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 387,143 shares of the industrial products company's stock after buying an additional 239,724 shares during the quarter. Gotham Asset Management LLC owned approximately 0.24% of Pentair worth $42,880,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Richardson Financial Services Inc. increased its stake in Pentair by 64.9% during the third quarter. Richardson Financial Services Inc. now owns 249 shares of the industrial products company's stock worth $28,000 after acquiring an additional 98 shares during the last quarter. Root Financial Partners LLC purchased a new stake in Pentair during the 3rd quarter worth approximately $41,000. CYBER HORNET ETFs LLC acquired a new stake in shares of Pentair in the second quarter valued at $45,000. CoreCap Advisors LLC raised its position in Pentair by 58.8% in the 3rd quarter. CoreCap Advisors LLC now owns 405 shares of the industrial products company's stock valued at $45,000 after purchasing an additional 150 shares in the last quarter. Finally, Clearstead Advisors LLC raised its holdings in Pentair by 86.4% in the third quarter. Clearstead Advisors LLC now owns 440 shares of the industrial products company's stock valued at $49,000 after acquiring an additional 204 shares in the last quarter. Institutional investors and hedge funds own 92.37% of the company's stock.

Insider Buying and Selling at Pentair

In other Pentair news, EVP Philip M. Rolchigo sold 6,493 shares of the firm's stock in a transaction on Wednesday, February 25th. The stock was sold at an average price of $103.22, for a total transaction of $670,207.46. Following the completion of the transaction, the executive vice president owned 29,096 shares of the company's stock, valued at approximately $3,003,289.12. This trade represents a 18.24% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through this link. Also, Director Michael T. Speetzen sold 7,000 shares of the business's stock in a transaction on Wednesday, February 11th. The stock was sold at an average price of $99.99, for a total value of $699,930.00. Following the completion of the transaction, the director directly owned 8,290 shares of the company's stock, valued at approximately $828,917.10. This trade represents a 45.78% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Company insiders own 1.45% of the company's stock.

Wall Street Analyst Weigh In

A number of brokerages have issued reports on PNR. Citigroup decreased their price target on Pentair from $126.00 to $120.00 and set a "buy" rating for the company in a report on Wednesday, February 4th. JPMorgan Chase & Co. lowered their price objective on shares of Pentair from $132.00 to $124.00 and set an "overweight" rating on the stock in a research report on Friday, January 16th. TD Cowen lowered Pentair from a "buy" rating to a "market perform" rating in a report on Monday, January 5th. Jefferies Financial Group reiterated a "hold" rating on shares of Pentair in a research note on Wednesday, February 4th. Finally, BNP Paribas Exane cut Pentair from a "hold" rating to a "strong sell" rating and set a $90.00 price objective for the company. in a research report on Wednesday, January 7th. Ten investment analysts have rated the stock with a Buy rating, three have issued a Hold rating and three have given a Sell rating to the company. Based on data from MarketBeat.com, the company presently has a consensus rating of "Hold" and a consensus target price of $114.47.

Pentair Stock Performance

NYSE:PNR opened at $88.28 on Monday. The company has a current ratio of 1.61, a quick ratio of 0.95 and a debt-to-equity ratio of 0.42. The company has a market capitalization of $14.41 billion, a P/E ratio of 22.29, a price-to-earnings-growth ratio of 1.56 and a beta of 1.23. The firm has a 50-day moving average price of $100.67 and a two-hundred day moving average price of $105.08. Pentair plc has a twelve month low of $74.25 and a twelve month high of $113.95.

Pentair (NYSE:PNR - Get Free Report) last announced its quarterly earnings results on Tuesday, February 3rd. The industrial products company reported $1.18 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.17 by $0.01. The company had revenue of $1.02 billion for the quarter, compared to the consensus estimate of $1.01 billion. Pentair had a net margin of 15.66% and a return on equity of 21.79%. The company's revenue for the quarter was up 4.9% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $1.08 earnings per share. Pentair has set its FY 2026 guidance at 5.250-5.400 EPS and its Q1 2026 guidance at 1.150-1.180 EPS. As a group, research analysts expect that Pentair plc will post 4.77 earnings per share for the current fiscal year.

Pentair Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Friday, May 1st. Shareholders of record on Friday, April 17th will be issued a dividend of $0.27 per share. This represents a $1.08 dividend on an annualized basis and a yield of 1.2%. The ex-dividend date is Friday, April 17th. Pentair's dividend payout ratio is 27.27%.

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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