Teachers Retirement System of The State of Kentucky Sells 58,500 Shares of Pentair plc $PNR

Key Points

• Teachers Retirement System of Kentucky sold 58,500 shares, reducing its Pentair position by 81.9% to 12,940 shares worth about $1.347 million at the end of the quarter.
• Pentair beat Q1 estimates (EPS $1.22 vs. $1.17; revenue ≈ $1.04B) with margin improvement, but cut Q2 revenue guidance to roughly $1.1B (vs. ~$1.2B consensus) and flagged a tepid U.S. residential recovery, which sparked the recent selloff.
• Corporate insiders have sold shares (director and EVP transactions), analysts have trimmed price targets leaving a consensus "Hold" at about $112.21, and the company declared a $0.27 quarterly dividend (≈1.3% yield).

Teachers Retirement System of The State of Kentucky decreased its position in Pentair plc (NYSE:PNR - Free Report) by 81.9% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 12,940 shares of the industrial products company's stock after selling 58,500 shares during the period. Teachers Retirement System of The State of Kentucky's holdings in Pentair were worth $1,347,000 at the end of the most recent reporting period.

A number of other hedge funds also recently bought and sold shares of PNR. Wexford Capital LP bought a new position in Pentair in the 3rd quarter worth about $26,000. Richardson Financial Services Inc. boosted its stake in Pentair by 64.9% in the 3rd quarter. Richardson Financial Services Inc. now owns 249 shares of the industrial products company's stock worth $28,000 after purchasing an additional 98 shares in the last quarter. Root Financial Partners LLC bought a new position in Pentair in the 3rd quarter worth about $41,000. CoreCap Advisors LLC boosted its stake in Pentair by 58.8% in the 3rd quarter. CoreCap Advisors LLC now owns 405 shares of the industrial products company's stock worth $45,000 after purchasing an additional 150 shares in the last quarter. Finally, Clearstead Advisors LLC boosted its stake in Pentair by 86.4% in the 3rd quarter. Clearstead Advisors LLC now owns 440 shares of the industrial products company's stock worth $49,000 after purchasing an additional 204 shares in the last quarter. Institutional investors own 92.37% of the company's stock.

Pentair News Roundup

Here are the key news stories impacting Pentair this week:

• Positive Sentiment: Q1 beat and margin improvement — Pentair reported Q1 EPS of $1.22 vs. $1.17 consensus and revenue of ~$1.04B (slightly above estimates); management highlighted year‑over‑year margin expansion and core sales growth. This supports near‑term profitability expectations. Read More.
• Neutral Sentiment: Earnings call detail / investor materials — The earnings‑call transcript and slide deck provide more nuance on geographic mix, cost actions and timing of recovery; these items clarify drivers but don’t change the core earnings beat vs. guidance downgrade narrative. Investors should review the call transcript for management’s tone on demand trends. Read More.
• Neutral Sentiment: Leadership change at Pool segment — Pentair announced the departure of Jerome Pedretti (CEO, Pentair Pool) effective July 1 and elimination of that CEO role; the move appears planned but creates short‑term organizational transition risk for the Pool business. Read More.
• Negative Sentiment: Weaker sales guidance for Q2 — Pentair cut Q2 revenue guidance to about $1.1B vs. the ~$1.2B consensus, and gave EPS guidance of $1.47–1.50 (slightly below the street). The lower quarterly revenue guide was the main catalyst for the selloff as it signals slower near‑term demand, particularly in U.S. residential markets. Read More.
• Negative Sentiment: Management cites limited U.S. residential recovery — Management commentary emphasized a tepid U.S. residential rebound and higher spending pressures in some areas, raising concerns that topline acceleration may be delayed even as margins hold. This drove investor reassessment of growth trajectory. Read More.

Analysts Set New Price Targets

A number of equities analysts recently issued reports on PNR shares. Royal Bank Of Canada set a $117.00 price target on shares of Pentair in a research note on Wednesday, February 4th. Bank of America decreased their target price on Pentair from $100.00 to $88.00 and set an "underperform" rating for the company in a research report on Monday, April 20th. Citigroup decreased their target price on Pentair from $120.00 to $112.00 and set a "buy" rating for the company in a research report on Monday, April 13th. Barclays decreased their target price 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. Finally, Jefferies Financial Group reissued a "buy" rating and issued a $125.00 target price (down from $135.00) on shares of Pentair in a research report on Tuesday, March 31st. 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 stock. According to data from MarketBeat, the company has a consensus rating of "Hold" and a consensus target price of $112.21.

Insider Activity at Pentair

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

Pentair Price Performance

NYSE PNR opened at $82.86 on Wednesday. Pentair plc has a 52 week low of $81.33 and a 52 week high of $113.95. The firm has a market capitalization of $13.39 billion, a P/E ratio of 20.92, a PEG ratio of 1.66 and a beta of 1.25. The company has a quick ratio of 0.95, a current ratio of 1.61 and a debt-to-equity ratio of 0.42. The company has a 50-day moving average price of $91.36 and a 200-day moving average price of $100.22.

Pentair (NYSE:PNR - Get Free Report) last released its quarterly earnings results on Tuesday, April 28th. The industrial products company reported $1.22 EPS for the quarter, beating the consensus estimate of $1.17 by $0.05. The firm had revenue of $1.04 billion during the quarter, compared to analyst estimates of $1.03 billion. Pentair had a net margin of 15.66% and a return on equity of 21.79%. The business's revenue for the quarter was up 2.6% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $1.11 EPS. Pentair has set its FY 2026 guidance at 5.300-5.400 EPS and its Q2 2026 guidance at 1.470-1.500 EPS. Equities research analysts anticipate that Pentair plc will post 5.34 earnings per share for the current year.

Pentair Announces Dividend

The company 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 $0.27 dividend. This represents a $1.08 annualized dividend and a yield of 1.3%. The ex-dividend date of this dividend is Friday, April 17th. Pentair's dividend payout ratio is currently 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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