Wellington Management Group LLP increased its position in shares of Pentair plc (NYSE:PNR – Free Report) by 277.8% during the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 48,370 shares of the industrial products company’s stock after acquiring an additional 35,568 shares during the period. Wellington Management Group LLP’s holdings in Pentair were worth $3,708,000 at the end of the most recent quarter.
Several other institutional investors also recently bought and sold shares of the company. Handelsbanken Fonder AB increased its stake in Pentair by 77.7% during the 4th quarter. Handelsbanken Fonder AB now owns 181,061 shares of the industrial products company’s stock worth $18,856,000 after buying an additional 79,197 shares during the period. Fideuram Intesa Sanpaolo Private Banking S.P.A. purchased a new position in Pentair in the 4th quarter valued at approximately $10,099,000. Tredje AP fonden acquired a new position in shares of Pentair in the fourth quarter worth $2,246,000. Fjarde AP Fonden Fourth Swedish National Pension Fund purchased a new stake in shares of Pentair during the fourth quarter worth $4,174,000. Finally, Gotham Asset Management LLC increased its position in shares of Pentair by 27.0% during the fourth quarter. Gotham Asset Management LLC now owns 491,817 shares of the industrial products company’s stock worth $51,218,000 after acquiring an additional 104,674 shares during the period. 92.37% of the stock is owned by institutional investors and hedge funds.
Trending Headlines about Pentair
Here are the key news stories impacting Pentair this week:
- Negative Sentiment: The lawsuits allege that Pentair failed to disclose significant inventory destocking in its Pool sales channel, which allegedly hurt sales and operating income. The allegations have not been proven in court. Holzer & Holzer Pentair investor alert
- Negative Sentiment: Investor notices say Pentair cut its 2026 outlook from expected sales growth of 2% to 4% and adjusted EPS of $5.30 to $5.40 to projected sales declines of 4% to 7% and adjusted EPS of $4.60 to $4.80 after the destocking issue surfaced. Pentair shareholder outlook alert
- Negative Sentiment: Multiple law firms, including Robbins Geller, Kaplan Fox, Hagens Berman and Levi & Korsinsky, are soliciting investors to seek lead-plaintiff status. The expanded claims cover periods beginning as early as March 11, 2025, while several notices identify an October 2, 2026 deadline. The litigation creates potential legal costs, reputational damage and uncertainty over management accountability. Robbins Geller Pentair class action deadline
- Negative Sentiment: The reported operational deterioration already contributed to a sharp one-session selloff, and PNR is trading well below its 50-day and 200-day moving averages, signaling continued investor concern about demand visibility and the credibility of prior disclosures. Pentair shares plunge after Pool channel destocking
Pentair Stock Performance
Pentair (NYSE:PNR – Get Free Report) last posted its quarterly earnings results on Wednesday, July 29th. The industrial products company reported $1.14 earnings per share for the quarter, beating analysts’ consensus estimates of $1.12 by $0.02. The company had revenue of $932.60 million for the quarter, compared to analysts’ expectations of $943.24 million. Pentair had a return on equity of 20.62% and a net margin of 16.24%.Pentair’s quarterly revenue was down 17.0% on a year-over-year basis. During the same period last year, the firm earned $1.39 earnings per share. Sell-side analysts predict that Pentair plc will post 4.64 earnings per share for the current fiscal year.
Wall Street Analyst Weigh In
PNR has been the subject of a number of recent research reports. BNP Paribas Exane reiterated an “underperform” rating and issued a $64.00 target price (down from $75.00) on shares of Pentair in a report on Thursday, July 16th. Deutsche Bank Aktiengesellschaft restated a “buy” rating and set a $81.00 price target on shares of Pentair in a report on Monday, July 27th. TD Cowen reduced their price target on Pentair from $75.00 to $65.00 and set a “sell” rating on the stock in a research report on Wednesday, July 29th. Jefferies Financial Group set a $90.00 price objective on Pentair in a research note on Wednesday, July 15th. Finally, Oppenheimer lowered their price objective on Pentair from $115.00 to $94.00 and set an “outperform” rating for the company in a research report on Thursday, July 16th. Eight research analysts have rated the stock with a Buy rating, six have assigned a Hold rating and four have given a Sell rating to the stock. According to MarketBeat.com, Pentair has a consensus rating of “Hold” and an average target price of $89.94.
Check Out Our Latest Report on PNR
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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