SG Americas Securities LLC Sells 27,169 Shares of Pentair plc $PNR

SG Americas Securities LLC trimmed its position in shares of Pentair plc (NYSE:PNR) by 83.7% in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 5,287 shares of the industrial products company’s stock after selling 27,169 shares during the period. SG Americas Securities LLC’s holdings in Pentair were worth $543,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the business. First Horizon Advisors Inc. boosted its holdings in shares of Pentair by 105.4% during the 2nd quarter. First Horizon Advisors Inc. now owns 345 shares of the industrial products company’s stock valued at $35,000 after buying an additional 177 shares in the last quarter. Garde Capital Inc. purchased a new position in Pentair during the 2nd quarter valued at about $41,000. North Star Investment Management Corp. boosted its holdings in Pentair by 91.5% in the second quarter. North Star Investment Management Corp. now owns 404 shares of the industrial products company’s stock worth $41,000 after acquiring an additional 193 shares in the last quarter. Brooklyn Investment Group increased its holdings in shares of Pentair by 14.8% during the first quarter. Brooklyn Investment Group now owns 847 shares of the industrial products company’s stock valued at $74,000 after acquiring an additional 109 shares in the last quarter. Finally, Allworth Financial LP raised its position in shares of Pentair by 101.6% in the 2nd quarter. Allworth Financial LP now owns 740 shares of the industrial products company’s stock worth $76,000 after purchasing an additional 373 shares during the last quarter. Institutional investors own 92.37% of the company’s stock.

Insider Transactions at Pentair

In other news, CFO Robert P. Fishman sold 7,786 shares of Pentair stock in a transaction 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 sale, the chief financial officer directly owned 63,164 shares in the company, valued at approximately $6,658,748.88. The trade was a 10.97% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. Insiders own 1.10% of the company’s stock.

Analyst Upgrades and Downgrades

Several equities research analysts recently commented on PNR shares. Citigroup increased their price objective on Pentair from $126.00 to $133.00 and gave the company a “buy” rating in a research report on Thursday, October 9th. Barclays lifted their price objective on Pentair from $125.00 to $127.00 and gave the stock an “overweight” rating in a report on Wednesday, October 22nd. JPMorgan Chase & Co. raised their target price on Pentair from $116.00 to $126.00 and gave the stock an “overweight” rating in a research report on Wednesday, October 15th. Oppenheimer upped their price target on shares of Pentair from $124.00 to $128.00 and gave the company an “outperform” rating in a research report on Thursday, November 20th. Finally, Royal Bank Of Canada raised their price objective on shares of Pentair from $121.00 to $124.00 and gave the stock an “outperform” rating in a report on Wednesday, October 22nd. Two research analysts have rated the stock with a Strong Buy rating, ten have issued a Buy rating, three have given a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus price target of $119.85.

Pentair Stock Performance

NYSE PNR opened at $106.12 on Thursday. The stock has a market capitalization of $17.36 billion, a PE ratio of 26.93, a P/E/G ratio of 2.00 and a beta of 1.14. The business has a 50 day simple moving average of $108.25 and a two-hundred day simple moving average of $105.16. The company has a debt-to-equity ratio of 0.42, a current ratio of 1.46 and a quick ratio of 0.82. Pentair plc has a 1-year low of $74.25 and a 1-year high of $113.95.

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

Pentair Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Friday, November 7th. Shareholders of record on Friday, October 24th were given a dividend of $0.25 per share. This represents a $1.00 annualized dividend and a yield of 0.9%. The ex-dividend date of this dividend was Friday, October 24th. Pentair’s payout ratio is currently 25.38%.

Pentair Profile

Pentair plc provides various water solutions in the United States, Western Europe, China, Eastern Europe, Latin America, the Middle East, Southeast Asia, Australia, Canada, and Japan. The company operates through three segments: Flow, Water Solutions, and Pool. The Flow segment designs, manufactures, and sells fluid treatment and pump products and systems, including pressure vessels, gas recovery solutions, membrane bioreactors, wastewater reuse systems and advanced membrane filtration, separation systems, water disposal pumps, water supply pumps, fluid transfer pumps, turbine pumps, solid handling pumps, and agricultural spray nozzles for fluid delivery, ion exchange, desalination, food and beverage, separation technologies in the oil and gas industry, residential and municipal wells, water treatment, wastewater solids handling, pressure boosting, circulation and transfer, fire suppression, flood control, agricultural irrigation, and crop spray in residential, commercial, and industrial markets.