Pentair plc $PNR Holdings Decreased by Impax Asset Management Group plc

Key Points

• Impax Asset Management trimmed its Pentair stake by 7.6% to 3,311,159 shares (making PNR its 7th-largest holding), amid heavy institutional ownership (about 92%).
• Company insiders have been selling recently (Director Michael Speetzen sold 7,000 shares; EVP Philip Rolchigo sold 6,493), while analyst views are mixed—consensus is a "Hold" with a $112.21 average price target after several downward revisions.
• Pentair posted a slight Q4 beat (EPS $1.18 vs. $1.17) with revenue up 4.9%, set FY2026 guidance of $5.25–$5.40 EPS, and announced a quarterly dividend of $0.27 (1.2% yield).

Impax Asset Management Group plc reduced its position in Pentair plc (NYSE:PNR - Free Report) by 7.6% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 3,311,159 shares of the industrial products company's stock after selling 273,910 shares during the quarter. Pentair comprises about 2.2% of Impax Asset Management Group plc's investment portfolio, making the stock its 7th biggest position. Impax Asset Management Group plc owned 2.02% of Pentair worth $344,824,000 at the end of the most recent reporting period.

Other large investors have also made changes to their positions in the company. Nordea Investment Management AB raised its position in Pentair by 173.6% in the third quarter. Nordea Investment Management AB now owns 2,837,753 shares of the industrial products company's stock valued at $311,046,000 after purchasing an additional 1,800,669 shares during the period. Ameriprise Financial Inc. raised its position in Pentair by 106.7% in the third quarter. Ameriprise Financial Inc. now owns 3,236,826 shares of the industrial products company's stock valued at $358,521,000 after purchasing an additional 1,670,944 shares during the period. Assenagon Asset Management S.A. raised its position in Pentair by 1,690.9% in the fourth quarter. Assenagon Asset Management S.A. now owns 729,663 shares of the industrial products company's stock valued at $75,987,000 after purchasing an additional 688,921 shares during the period. 140 Summer Partners LP purchased a new position in Pentair in the third quarter valued at about $60,752,000. Finally, Pacer Advisors Inc. raised its position in Pentair by 3,428.7% in the third quarter. Pacer Advisors Inc. now owns 512,402 shares of the industrial products company's stock valued at $56,754,000 after purchasing an additional 497,881 shares during the period. 92.37% of the stock is owned by hedge funds and other institutional investors.

Insider Buying and Selling

In other news, Director Michael T. Speetzen sold 7,000 shares of Pentair 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 sale, the director owned 8,290 shares of the company's stock, valued at approximately $828,917.10. The trade was a 45.78% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, EVP Philip M. Rolchigo sold 6,493 shares of Pentair 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 sale, the executive vice president directly owned 29,096 shares in the company, valued at approximately $3,003,289.12. This trade represents a 18.24% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders own 1.26% of the company's stock.

Analysts Set New Price Targets

PNR has been the topic of several research reports. Jefferies Financial Group reissued a "buy" rating and issued a $125.00 price objective (down from $135.00) on shares of Pentair in a research report on Tuesday, March 31st. Citigroup dropped their target price on Pentair from $120.00 to $112.00 and set a "buy" rating on the stock in a research report on Monday, April 13th. BNP Paribas Exane downgraded 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. Barclays decreased their price target on Pentair from $102.00 to $95.00 and set an "equal weight" rating for the company in a research note on Wednesday, April 1st. Finally, Wall Street Zen downgraded Pentair from a "buy" rating to a "hold" rating in a research note on Saturday, April 11th. Ten research analysts have rated the stock with a Buy rating, two have issued a Hold rating and three have issued a Sell rating to the stock. Based on data from MarketBeat.com, the stock presently has an average rating of "Hold" and a consensus price target of $112.21.

Trending Headlines about Pentair

Here are the key news stories impacting Pentair this week:

• Positive Sentiment: Zacks raised FY2027 EPS to $5.80 (from $5.79) and nudged Q1 2027 and Q2 2027 estimates slightly higher (Q1 to $1.27, Q2 to $1.55), signaling modestly improved medium‑term earnings expectations.
• Positive Sentiment: Zacks increased its Q2 2026 estimate to $1.47 (from $1.46), another incremental upgrade to near‑term profit expectations that supports the more constructive tone on 2027.
• Neutral Sentiment: Zacks published an earnings preview that expects modest sales growth and steady margin trends but flagged a weak Earnings Surprise Prediction (ESP), highlighting some uncertainty into the upcoming Q1 report. PNR Gears Up to Report Q1 Earnings
• Negative Sentiment: Zacks cut its Q4 2026 estimate modestly (to $1.32 from $1.33) and trimmed Q1 2026 to $1.16 (from $1.17), reflecting minor near‑term downward revisions.
• Negative Sentiment: Zacks slightly lowered its FY2028 view to $6.14 (from $6.16), a small reduction to longer‑term growth expectations.

Pentair Stock Up 1.5%

NYSE:PNR opened at $91.87 on Friday. The company has a debt-to-equity ratio of 0.42, a quick ratio of 0.95 and a current ratio of 1.61. The stock has a 50-day simple moving average of $91.88 and a 200 day simple moving average of $100.66. Pentair plc has a one year low of $83.60 and a one year high of $113.95. The company has a market capitalization of $14.85 billion, a price-to-earnings ratio of 23.20, a price-to-earnings-growth ratio of 1.63 and a beta of 1.25.

Pentair (NYSE:PNR - Get Free Report) last issued its earnings results on Tuesday, February 3rd. The industrial products company reported $1.18 EPS for the quarter, beating analysts' consensus estimates of $1.17 by $0.01. Pentair had a return on equity of 21.79% and a net margin of 15.66%.The company had revenue of $1.02 billion during the quarter, compared to the consensus estimate of $1.01 billion. During the same period in the previous year, the firm posted $1.08 earnings per share. Pentair's quarterly revenue was up 4.9% compared to the same quarter last year. Pentair has set its FY 2026 guidance at 5.250-5.400 EPS and its Q1 2026 guidance at 1.150-1.180 EPS. Sell-side analysts predict that Pentair plc will post 5.34 EPS 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 paid a $0.27 dividend. 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 payout ratio is presently 27.27%.

Pentair 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.