Handelsbanken Fonder AB Acquires 19,053 Shares of Pentair plc $PNR

Handelsbanken Fonder AB increased its stake in shares of Pentair plc (NYSE:PNR) by 10.2% during the 2nd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 206,025 shares of the industrial products company’s stock after buying an additional 19,053 shares during the period. Handelsbanken Fonder AB’s holdings in Pentair were worth $15,794,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in PNR. Hsbc Holdings PLC raised 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 worth $110,617,000 after acquiring an additional 1,189,122 shares during the last quarter. Amundi increased its holdings in shares of Pentair by 13.1% in the first quarter. Amundi now owns 4,237,659 shares of the industrial products company’s stock valued at $369,208,000 after purchasing an additional 491,758 shares in the last quarter. AQR Capital Management LLC raised its position in Pentair by 43.0% in the 3rd quarter. AQR Capital Management LLC now owns 1,472,500 shares of the industrial products company’s stock worth $161,754,000 after purchasing an additional 442,534 shares during the last quarter. Morgan Stanley lifted its holdings in Pentair by 21.7% during the 4th quarter. Morgan Stanley now owns 2,474,549 shares of the industrial products company’s stock worth $257,700,000 after buying an additional 441,878 shares in the last quarter. Finally, Squarepoint Ops LLC lifted its holdings in Pentair by 210.8% during the 4th quarter. Squarepoint Ops LLC now owns 640,803 shares of the industrial products company’s stock worth $66,733,000 after buying an additional 434,657 shares in the last quarter. Institutional investors and hedge funds own 92.37% of the company’s stock.

Pentair Stock Up 1.8%

Shares of Pentair stock opened at $66.92 on Friday. The business has a fifty day simple moving average of $70.75 and a 200 day simple moving average of $82.34. The stock has a market cap of $10.68 billion, a PE ratio of 16.81, a price-to-earnings-growth ratio of 1.50 and a beta of 1.04. The company has a quick ratio of 0.76, a current ratio of 1.45 and a debt-to-equity ratio of 0.43. Pentair plc has a 12 month low of $57.60 and a 12 month high of $113.95.

Pentair (NYSE:PNR) last released its earnings results on Tuesday, July 28th. The industrial products company reported $1.14 earnings per share for the quarter, beating the consensus estimate of $1.12 by $0.02. The firm had revenue of $932.60 million for the quarter, compared to analyst estimates of $943.24 million. Pentair had a return on equity of 20.62% and a net margin of 16.24%.The company’s quarterly revenue was down 17.0% on a year-over-year basis. During the same quarter in the prior year, the firm posted $1.39 earnings per share. Pentair has set its Q3 2026 guidance at 1.050-1.080 EPS. Research analysts predict that Pentair plc will post 4.65 EPS for the current year.

Analyst Ratings Changes

Several research firms have recently commented on PNR. BNP Paribas Exane reissued an “underperform” rating and issued a $64.00 target price (down from $75.00) on shares of Pentair in a research note on Thursday, July 16th. Seaport Research Partners lowered Pentair from a “buy” rating to a “neutral” rating in a research report on Wednesday, July 15th. Weiss Ratings cut Pentair from a “hold (c)” rating to a “hold (c-)” rating in a report on Monday, August 3rd. Barclays reduced their target price on shares of Pentair from $95.00 to $92.00 and set an “equal weight” rating on the stock in a research note on Wednesday, April 29th. Finally, Wolfe Research cut shares of Pentair from an “outperform” rating to a “peer perform” rating in a research report on Thursday, July 9th. Eight research analysts have rated the stock with a Buy rating, six have given a Hold rating and three have issued a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Hold” and an average price target of $89.94.

Trending Headlines about Pentair

Here are the key news stories impacting Pentair this week:

• Positive Sentiment: Filtration demand reportedly remains stable, providing some support for Pentair’s water-solutions business and helping the shares move higher despite broader concerns about the company’s outlook. Pentair Edges Up as Filtration Demand Stays Steady
• Neutral Sentiment: Multiple law firms announced or promoted the same securities-fraud class action, with an October 2, 2026 deadline for investors to seek lead-plaintiff status. The repeated notices largely add publicity rather than representing separate lawsuits or a new company filing. Expanded Class Period Securities Fraud Class Action
• Negative Sentiment: The lawsuit allegations center on Pentair’s Pool channel inventory management. Plaintiffs claim undisclosed destocking reduced segment sales by approximately $170 million in one quarter while investors were being guided toward growth, allegedly contributing to a subsequent per-share share-price decline. The allegations have not been proven in court. PNR Securities Class Action Deadline Alert
• Negative Sentiment: Zacks Research reduced several Pentair EPS forecasts, including Q3 2026 to $1.08 from $1.34, FY2027 to $5.18 from $5.84, and FY2028 to $5.74 from $6.30. The revisions suggest weaker near- and longer-term earnings expectations, even though the FY2026 estimate of $4.63 is close to the broader $4.65 consensus. Pentair Analyst Estimates

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.