Pentair plc $PNR Shares Sold by Korea Investment CORP

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Korea Investment CORP reduced its stake in Pentair plc by 28.1% in the third quarter, selling 47,903 shares and holding 122,368 shares valued at $13.55 million. Despite this, other institutional investors like State Street Corp and Nordea Investment Management AB increased their holdings significantly. Wall Street analysts have issued various recommendations, with the stock currently holding an average “Hold” rating and a consensus price target of $114.47.

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