Sumitomo Mitsui Trust Group Inc. Sells 28,072 Shares of Pentair plc $PNR

Key Points

• Sumitomo Mitsui Trust Group Inc. sold 28,072 shares of Pentair, trimming its stake by 6.5% to 403,988 shares (about 0.25% of the company) valued at roughly $42.07 million.
• Several analysts have lowered price targets and ratings, leaving a consensus rating of "Hold" and a consensus price target of $111.87 for Pentair.
• Pentair slightly beat quarterly estimates (EPS $1.18 vs. $1.17; revenue $1.02B vs. $1.01B), issued FY2026 EPS guidance of 5.25–5.40, and declared a $0.27 quarterly dividend (1.2% yield).

Sumitomo Mitsui Trust Group Inc. lessened its stake in Pentair plc (NYSE:PNR - Free Report) by 6.5% during the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 403,988 shares of the industrial products company's stock after selling 28,072 shares during the quarter. Sumitomo Mitsui Trust Group Inc. owned approximately 0.25% of Pentair worth $42,071,000 at the end of the most recent reporting period.

A number of other large investors also recently modified their holdings of the stock. Wexford Capital LP purchased a new stake in shares of Pentair during the third quarter valued at approximately $26,000. Richardson Financial Services Inc. increased its position in shares of Pentair by 64.9% during the third quarter. Richardson Financial Services Inc. now owns 249 shares of the industrial products company's stock valued at $28,000 after acquiring an additional 98 shares during the last quarter. Root Financial Partners LLC purchased a new stake in shares of Pentair during the third quarter valued at approximately $41,000. CoreCap Advisors LLC increased its position in shares of Pentair by 58.8% during the third quarter. CoreCap Advisors LLC now owns 405 shares of the industrial products company's stock valued at $45,000 after acquiring an additional 150 shares during the last quarter. Finally, Clearstead Advisors LLC increased its position in shares of Pentair by 86.4% during 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 during the last quarter. Institutional investors own 92.37% of the company's stock.

Analyst Ratings Changes

PNR has been the subject of a number of research analyst reports. Citigroup decreased their price target on Pentair from $120.00 to $112.00 and set a "buy" rating for the company in a research report on Monday. 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 report on Wednesday, January 7th. Wall Street Zen downgraded Pentair from a "buy" rating to a "hold" rating in a research report on Saturday, April 11th. JPMorgan Chase & Co. decreased their price target on Pentair from $132.00 to $124.00 and set an "overweight" rating for the company in a research report on Friday, January 16th. Finally, 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 report on Wednesday, April 1st. 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's stock. According to data from MarketBeat.com, the stock presently has an average rating of "Hold" and a consensus price target of $111.87.

Insider Buying and Selling at Pentair

In other news, EVP Philip M. Rolchigo sold 6,493 shares of Pentair stock in a transaction on Wednesday, February 25th. The stock was sold at an average price of $103.22, for a total value of $670,207.46. Following the completion of 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 sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director Michael T. Speetzen sold 7,000 shares of Pentair stock in a transaction on Wednesday, February 11th. The shares were sold at an average price of $99.99, for a total value of $699,930.00. Following the sale, the director directly owned 8,290 shares of the company's stock, valued at $828,917.10. This represents a 45.78% decrease in their position. The disclosure for this sale is available in the SEC filing. 1.26% of the stock is currently owned by insiders.

Pentair Price Performance

Shares of NYSE PNR opened at $88.39 on Thursday. The stock has a market cap of $14.28 billion, a PE ratio of 22.32, a price-to-earnings-growth ratio of 1.45 and a beta of 1.25. Pentair plc has a fifty-two week low of $77.71 and a fifty-two week high of $113.95. 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 fifty day moving average of $93.04 and a 200-day moving average of $101.61.

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 for the quarter, beating the consensus estimate of $1.17 by $0.01. The company had revenue of $1.02 billion during 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%.The firm's quarterly revenue was up 4.9% compared to the same quarter last year. During the same period in the previous year, the business 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. Equities research analysts anticipate that Pentair plc will post 4.77 earnings per share for the current year.

Pentair Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Friday, May 1st. Stockholders of record on Friday, April 17th will be given a $0.27 dividend. 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 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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