Pictet Asset Management Holding SA Cuts Stake in Pentair plc $PNR

Key Points

• Pictet Asset Management trimmed its Pentair stake by 11.8% in Q4, selling 565,720 shares and now owns 4,223,831 shares (~2.58% of the company) valued at about $439.9 million.
• Two executives disclosed insider sales in February: Director Michael T. Speetzen sold 7,000 shares (a ~45.8% reduction in his holding) and EVP Philip M. Rolchigo sold 6,493 shares (an ~18.2% reduction).
• Pentair slightly beat quarterly estimates with $1.18 EPS on $1.02B revenue, set FY2026 guidance of $5.25–$5.40 EPS and announced a $0.27 quarterly dividend (1.2% yield); analysts' consensus rating is Hold with an average target of $112.21.

Pictet Asset Management Holding SA trimmed its position in shares of Pentair plc (NYSE:PNR - Free Report) by 11.8% in the 4th quarter, according to its most recent disclosure with the SEC. The institutional investor owned 4,223,831 shares of the industrial products company's stock after selling 565,720 shares during the quarter. Pictet Asset Management Holding SA owned approximately 2.58% of Pentair worth $439,898,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in PNR. Sivia Capital Partners LLC purchased a new position in Pentair during the second quarter worth about $222,000. American Century Companies Inc. raised its holdings in Pentair by 5.8% in the 2nd quarter. American Century Companies Inc. now owns 9,350 shares of the industrial products company's stock valued at $960,000 after buying an additional 513 shares during the period. Cerity Partners LLC lifted its holdings in shares of Pentair by 27.2% in the 2nd quarter. Cerity Partners LLC now owns 53,959 shares of the industrial products company's stock worth $5,539,000 after acquiring an additional 11,523 shares during the last quarter. Sei Investments Co. boosted its position in shares of Pentair by 54.7% during the 2nd quarter. Sei Investments Co. now owns 76,469 shares of the industrial products company's stock worth $7,850,000 after purchasing an additional 27,053 shares during the period. Finally, Treasurer of the State of North Carolina boosted its position in shares of Pentair by 101.8% during the 2nd quarter. Treasurer of the State of North Carolina now owns 338,368 shares of the industrial products company's stock worth $34,737,000 after purchasing an additional 170,707 shares during the period. Hedge funds and other institutional investors own 92.37% of the company's stock.

Insider Transactions at Pentair

In related news, Director Michael T. Speetzen sold 7,000 shares of the business'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 directly owned 8,290 shares of the company's stock, valued at approximately $828,917.10. The trade was a 45.78% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through the SEC website. Also, EVP Philip M. Rolchigo sold 6,493 shares of the business'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 transaction, the executive vice president directly owned 29,096 shares in the company, valued at approximately $3,003,289.12. The trade was a 18.24% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders own 1.26% of the company's stock.

Pentair Price Performance

Shares of NYSE:PNR opened at $91.87 on Monday. The firm has a market capitalization of $14.85 billion, a price-to-earnings ratio of 23.20, a price-to-earnings-growth ratio of 1.65 and a beta of 1.25. Pentair plc has a 12 month low of $83.60 and a 12 month high of $113.95. The business's 50 day simple moving average is $91.88 and its 200-day simple moving average is $100.51. The company has a debt-to-equity ratio of 0.42, a current ratio of 1.61 and a quick ratio of 0.95.

Pentair (NYSE:PNR - Get Free Report) last announced 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. The firm had revenue of $1.02 billion for the quarter, compared to analysts' expectations of $1.01 billion. Pentair had a return on equity of 21.79% and a net margin of 15.66%.Pentair's quarterly revenue was up 4.9% on a year-over-year basis. During the same quarter in the prior year, the firm earned $1.08 EPS. 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, equities analysts forecast that Pentair plc will post 5.34 earnings per share for the current fiscal year.

Pentair Dividend Announcement

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

Wall Street Analysts Forecast Growth

Several brokerages have commented on PNR. Wall Street Zen cut shares of Pentair from a "buy" rating to a "hold" rating in a research report on Saturday, April 11th. TD Cowen lowered Pentair from a "buy" rating to a "market perform" rating in a report on Monday, January 5th. Citigroup cut their price target on Pentair from $120.00 to $112.00 and set a "buy" rating on the stock in a research note on Monday, April 13th. Weiss Ratings downgraded Pentair from a "buy (b-)" rating to a "hold (c+)" rating in a report on Wednesday, April 8th. Finally, Barclays lowered their price objective on Pentair from $102.00 to $95.00 and set an "equal weight" rating for the company in a research report on Wednesday, April 1st. Ten analysts have rated the stock with a Buy rating, two have assigned a Hold rating and three have assigned a Sell rating to the stock. According to data from MarketBeat, the stock presently has an average rating of "Hold" and an average target price of $112.21.

Key Pentair News

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 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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