Valley National Advisers Inc. Has $2.10 Million Holdings in Pentair plc $PNR

Valley National Advisers Inc. lifted its holdings in shares of Pentair plc (NYSE:PNR) by 46,124.4% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 18,952 shares of the industrial products company’s stock after buying an additional 18,911 shares during the quarter. Valley National Advisers Inc.’s holdings in Pentair were worth $2,098,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also modified their holdings of the company. First Horizon Advisors Inc. boosted its stake in Pentair by 105.4% in the second quarter. First Horizon Advisors Inc. now owns 345 shares of the industrial products company’s stock valued at $35,000 after acquiring an additional 177 shares during the last quarter. Garde Capital Inc. acquired a new position in shares of Pentair in the 2nd quarter valued at $41,000. North Star Investment Management Corp. boosted its position in shares of Pentair by 91.5% in the 2nd quarter. North Star Investment Management Corp. now owns 404 shares of the industrial products company’s stock worth $41,000 after purchasing an additional 193 shares during the last quarter. CYBER HORNET ETFs LLC acquired a new stake in shares of Pentair during the second quarter worth $45,000. Finally, MUFG Securities EMEA plc bought a new stake in Pentair in the second quarter valued at about $50,000. 92.37% of the stock is owned by institutional investors.

Pentair Stock Up 0.2%

Pentair stock opened at $105.63 on Friday. The company has a 50 day moving average of $105.94 and a 200-day moving average of $106.08. The company has a quick ratio of 0.82, a current ratio of 1.46 and a debt-to-equity ratio of 0.42. Pentair plc has a twelve month low of $74.25 and a twelve month high of $113.95. The stock has a market capitalization of $17.29 billion, a PE ratio of 26.81, a price-to-earnings-growth ratio of 2.04 and a beta of 1.21.

Pentair (NYSE:PNR) last issued its quarterly earnings data on Tuesday, October 21st. The industrial products company reported $1.24 EPS for the quarter, topping analysts’ consensus estimates of $1.18 by $0.06. The business had revenue of $1.02 billion for the quarter, compared to analyst estimates of $1 billion. Pentair had a net margin of 15.84% and a return on equity of 21.83%. The firm’s quarterly revenue was up 2.9% on a year-over-year basis. During the same period last year, the business posted $1.09 earnings per share. Pentair has set its Q4 2025 guidance at 1.110-1.160 EPS and its FY 2025 guidance at 4.850-4.900 EPS. On average, equities research analysts anticipate that Pentair plc will post 4.77 EPS for the current fiscal year.

Pentair Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Friday, February 6th. Stockholders of record on Friday, January 23rd will be given a dividend of $0.27 per share. This is an increase from Pentair’s previous quarterly dividend of $0.25. This represents a $1.08 annualized dividend and a dividend yield of 1.0%. The ex-dividend date of this dividend is Friday, January 23rd. Pentair’s payout ratio is currently 27.41%.

Insider Transactions at Pentair

In other news, CFO Robert P. Fishman sold 7,786 shares of the firm’s stock in a transaction that occurred on Friday, November 14th. The shares were sold at an average price of $105.42, for a total transaction of $820,800.12. Following the completion of the transaction, the chief financial officer directly owned 63,164 shares of the company’s stock, valued at $6,658,748.88. This trade represents a 10.97% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, Director T Michael Glenn sold 6,558 shares of the business’s stock in a transaction on Monday, December 1st. The stock was sold at an average price of $104.33, for a total transaction of $684,196.14. Following the completion of the sale, the director directly owned 31,192 shares in the company, valued at approximately $3,254,261.36. This represents a 17.37% decrease in their position. The disclosure for this sale is available in the SEC filing. 1.10% of the stock is currently owned by company insiders.

Analyst Upgrades and Downgrades

A number of equities analysts have issued reports on PNR shares. Royal Bank Of Canada raised their target price on Pentair from $121.00 to $124.00 and gave the stock an “outperform” rating in a report on Wednesday, October 22nd. UBS Group lifted their price objective on shares of Pentair from $120.00 to $124.00 and gave the stock a “buy” rating in a research note on Wednesday, October 22nd. Weiss Ratings restated a “buy (b-)” rating on shares of Pentair in a report on Wednesday, October 8th. Wolfe Research reiterated an “outperform” rating and issued a $135.00 target price on shares of Pentair in a report on Tuesday, December 9th. Finally, JPMorgan Chase & Co. lifted their price target on shares of Pentair from $116.00 to $126.00 and gave the stock an “overweight” rating in a research report on Wednesday, October 15th. Two research analysts have rated the stock with a Strong Buy rating, eleven have issued a Buy rating, four have given a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average target price of $121.07.

About Pentair

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.