Pentair plc $PNR Position Cut by J. Safra Sarasin Holding AG

J. Safra Sarasin Holding AG decreased its position in shares of Pentair plc (NYSE:PNR) by 79.4% in the 1st quarter, HoldingsChannel.com reports. The fund owned 3,818 shares of the industrial products company’s stock after selling 14,743 shares during the quarter. J. Safra Sarasin Holding AG’s holdings in Pentair were worth $332,000 as of its most recent filing with the SEC.

Other institutional investors have also modified their holdings of the company. Applied Finance Capital Management LLC increased its holdings in shares of Pentair by 16.8% in the 1st quarter. Applied Finance Capital Management LLC now owns 2,901 shares of the industrial products company’s stock worth $253,000 after acquiring an additional 417 shares during the period. Lifeworks Advisors LLC boosted its stake in Pentair by 17.4% during the 1st quarter. Lifeworks Advisors LLC now owns 46,067 shares of the industrial products company’s stock valued at $4,013,000 after purchasing an additional 6,823 shares during the period. Diversify Wealth Management LLC bought a new position in Pentair in the 1st quarter worth about $220,000. Fifth Third Bancorp increased its stake in shares of Pentair by 8.4% in the first quarter. Fifth Third Bancorp now owns 3,502 shares of the industrial products company’s stock valued at $305,000 after purchasing an additional 271 shares during the period. Finally, Hsbc Holdings PLC increased its stake in shares of Pentair by 1,459.8% in the first quarter. Hsbc Holdings PLC now owns 1,270,578 shares of the industrial products company’s stock valued at $110,617,000 after purchasing an additional 1,189,122 shares during the period. Institutional investors own 92.37% of the company’s stock.

Pentair Trading Down 14.8%

Pentair stock opened at $64.46 on Thursday. Pentair plc has a 12-month low of $57.60 and a 12-month high of $113.95. The company has a debt-to-equity ratio of 0.51, a current ratio of 1.88 and a quick ratio of 1.19. The stock has a market capitalization of $10.42 billion, a PE ratio of 15.80, a price-to-earnings-growth ratio of 1.28 and a beta of 1.03. The firm has a 50 day simple moving average of $74.12 and a 200-day simple moving average of $88.16.

Pentair (NYSE:PNR) last announced its earnings results on Wednesday, April 29th. The industrial products company reported $1.22 EPS for the quarter, topping the consensus estimate of $1.17 by $0.05. The firm had revenue of $1.04 billion for the quarter, compared to analysts’ expectations of $1.03 billion. Pentair had a return on equity of 21.92% and a net margin of 15.98%.The firm’s quarterly revenue was up 2.6% compared to the same quarter last year. During the same quarter in the previous year, the company earned $1.11 earnings per share. As a group, equities research analysts expect that Pentair plc will post 5.35 EPS for the current fiscal year.

Pentair Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Friday, August 7th. Stockholders of record on Friday, July 24th will be issued a $0.27 dividend. The ex-dividend date is Friday, July 24th. This represents a $1.08 annualized dividend and a dividend yield of 1.7%. Pentair’s dividend payout ratio is 26.47%.

More Pentair News

Here are the key news stories impacting Pentair this week:

• Negative Sentiment: Pentair said preliminary Q2 sales are expected to be about $930 million, well below prior expectations, citing adverse Pool channel inventory destocking. Article Title
• Negative Sentiment: The company cut full-year 2026 guidance, signaling sales may decline 4% to 7% and EPS may come in around $3.90 to $4.10, far below previous targets. Article Title
• Negative Sentiment: Pentair also announced an unexpected CFO transition, with former CFO Bob Fishman returning as interim CFO, which raises questions about leadership stability. Article Title
• Negative Sentiment: Multiple law firms announced securities-fraud investigations, reflecting investor concerns that the company may have provided overly optimistic guidance before the warning. Article Title

Wall Street Analyst Weigh In

Several equities analysts have recently issued reports on PNR shares. Royal Bank Of Canada downgraded Pentair from an “outperform” rating to a “sector perform” rating and reduced their price objective for the stock from $101.00 to $74.00 in a research report on Wednesday. Citigroup cut their target price on Pentair from $112.00 to $106.00 and set a “buy” rating on the stock in a research note on Wednesday, April 29th. Robert W. Baird reduced their price target on Pentair from $110.00 to $83.00 and set an “outperform” rating for the company in a research report on Wednesday. Wall Street Zen cut Pentair from a “buy” rating to a “hold” rating in a research note on Saturday, April 11th. Finally, Bank of America lowered their price target on Pentair from $100.00 to $88.00 and set an “underperform” rating on the stock in a report on Monday, April 20th. Eight equities research analysts have rated the stock with a Buy rating, four have given a Hold rating and three have issued a Sell rating to the stock. According to MarketBeat, Pentair currently has an average rating of “Hold” and an average price target of $97.00.

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.