5 Best Home Appliance Stocks to Invest In

2. Pentair plc (NYSE:PNR)

Number of Hedge Fund Holders: 35

Pentair plc (NYSE:PNR) is a provider of smart water solutions globally. Its Consumer Solutions segment focuses on manufacturing and distributing residential and commercial pool equipment, as well as water treatment products and systems.  As of April 24, Pentair plc (NYSE:PNR) offers a quarterly dividend of $0.23 per share, resulting in a dividend yield of 1.16%. The company has consistently increased its dividends for the past 48 years.

In Insider Monkey’s database for December 2023, 35 hedge funds disclosed holdings in Pentair plc (NYSE:PNR), a slight decrease from the previous quarter’s 36 funds. These holdings collectively amount to over $1.8 billion in value. Notably, Impax Asset Management emerged as the top stakeholder in Q4, holding approximately 10 million shares.