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Pentair plc $PNR Shares Sold by Grantham Mayo Van Otterloo & Co. LLC
Grantham Mayo Van Otterloo & Co. LLC significantly reduced its stake in Pentair plc (NYSE:PNR) by 33.6% in the third quarter, selling 18,784 shares and holding 37,096 shares valued at $4.109 million. Despite this, several other institutional investors increased their holdings, with Nordea Investment Management AB, Valeo Financial Advisors LLC, Panagora Asset Management Inc., State Street Corp, and Pacer Advisors Inc. all boosting their positions. Pentair recently reported strong earnings, beating analyst estimates for EPS and revenue, and announced a quarterly dividend of $0.27 per share.