12 Best UK Stocks to Buy According to Hedge Funds

9. Pentair plc (NYSE:PNR)

On March 20, 2026, Pentair plc (NYSE:PNR) announced that Chair David A. Jones will retire from the Board at the company’s annual general meeting on May 5, 2026. Jones has served on the board since 2003 and as Chair since 2018. The company said T. Michael Glenn, a current independent director, will assume the role of Chair following the transition, bringing experience in strategy, marketing, and governance from prior leadership roles, including at FedEx.

Earlier in March, Seaport Research analyst Scott Graham lowered the price target on Pentair plc (NYSE:PNR) to $130 from $135 and maintained a Buy rating.

Last month, Pentair plc (NYSE:PNR) reported Q4 adjusted EPS of $1.18, above the $1.16 consensus estimate, on revenue of $1.02B versus $1.01B expected. CEO John Stauch described 2025 as a “remarkable year,” citing strong execution, cash flow generation, and continued investment across its water solutions portfolio. Stauch added that the company is entering 2026 with new leadership roles aimed at accelerating growth, improving customer experience, and enhancing operational efficiency.

Pentair plc (NYSE:PNR) provides water treatment and sustainable water management solutions across global markets.