Pentair (NYSE:PNR – Get Free Report) updated its second quarter 2026 earnings guidance on Tuesday. The company provided earnings per share guidance of 1.120-1.120 for the period, compared to the consensus earnings per share estimate of 1.480. The company issued revenue guidance of $930.0 million-$930.0 million, compared to the consensus revenue estimate of $1.1 billion. Pentair also updated its FY 2026 guidance to 4.600-4.800 EPS.
Analysts Set New Price Targets
A number of brokerages have recently weighed in on PNR. Wolfe Research lowered shares of Pentair from an “outperform” rating to a “peer perform” rating in a research note on Thursday, July 9th. Royal Bank Of Canada downgraded Pentair from an “outperform” rating to a “sector perform” rating and cut their target price for the stock from $101.00 to $74.00 in a research report on Wednesday. Stifel Nicolaus set a $65.00 price target on Pentair in a research note on Thursday. Weiss Ratings cut Pentair from a “hold (c+)” rating to a “hold (c)” rating in a research report on Monday, May 11th. Finally, The Goldman Sachs Group set a $72.00 price objective on Pentair in a research note on Wednesday. Eight equities research analysts have rated the stock with a Buy rating, four have assigned a Hold rating and three have given a Sell rating to the company’s stock. Based on data from MarketBeat, the stock currently has an average rating of “Hold” and a consensus price target of $97.00.
Pentair Price Performance
Pentair (NYSE:PNR – Get Free Report) last issued its earnings results on Wednesday, April 29th. The industrial products company reported $1.22 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.17 by $0.05. The business had revenue of $1.04 billion for the quarter, compared to analysts’ expectations of $1.03 billion. Pentair had a return on equity of 21.92% and a net margin of 15.98%.The company’s quarterly revenue was up 2.6% on a year-over-year basis. During the same period in the previous year, the firm posted $1.11 EPS. As a group, equities analysts anticipate that Pentair will post 5.35 EPS for the current fiscal year.
Pentair Announces Dividend
The company also recently announced a quarterly dividend, which will be paid on Friday, August 7th. Stockholders of record on Friday, July 24th will be given a $0.27 dividend. This represents a $1.08 annualized dividend and a dividend yield of 1.7%. The ex-dividend date of this dividend is Friday, July 24th. Pentair’s dividend payout ratio (DPR) is 26.47%.
Pentair News Summary
Here are the key news stories impacting Pentair this week:
- Positive Sentiment: Seaport Research Partners reportedly maintained a constructive view on Pentair earlier this year with a Buy rating and a $125 target, suggesting some analysts still saw long-term value before the latest warning. Pentair (NYSE:PNR) Lowered to Neutral Rating by Seaport Research Partners
- Neutral Sentiment: Pentair announced a CFO transition, naming former CFO Bob Fishman as interim CFO while it searches for a permanent replacement. Pentair Announces Chief Financial Officer Transition and Provides Preliminary Second Quarter 2026 Financial Results, Revises Full Year 2026 Guidance, and Schedules Second Quarter 2026 Investor Call
- Neutral Sentiment: Multiple law firms have announced securities-fraud investigations tied to the company’s earnings warning and guidance cut, which adds headline risk but does not change fundamentals on its own. Securities Fraud Investigation Into Pentair plc (PNR) Announced – Shareholders Who Lost Money Urged To Contact The Law Offices of Frank R. Cruz
- Negative Sentiment: The biggest driver of the selloff is Pentair’s sharp reduction in 2026 sales and EPS guidance, with management citing weak pool demand and distributor inventory destocking that could reduce Pool sales by about $250 million for the year. Pentair Announces Chief Financial Officer Transition and Provides Preliminary Second Quarter 2026 Financial Results, Revises Full Year 2026 Guidance, and Schedules Second Quarter 2026 Investor Call
- Negative Sentiment: Analysts and market commentators have highlighted that the profit warning, weaker-than-expected preliminary quarter, and surprise CFO exit signal broader demand concerns and have triggered a major reassessment of Pentair’s near-term earnings power. Pentair shares plummet after guidance cut, surprise CFO exit
Institutional Inflows and Outflows
Several large investors have recently added to or reduced their stakes in PNR. AQR Capital Management LLC increased its position in shares of Pentair by 43.0% in the third quarter. AQR Capital Management LLC now owns 1,472,500 shares of the industrial products company’s stock valued at $161,754,000 after buying an additional 442,534 shares in the last quarter. Morgan Stanley grew its stake in Pentair by 21.7% in the 4th quarter. Morgan Stanley now owns 2,474,549 shares of the industrial products company’s stock valued at $257,700,000 after acquiring an additional 441,878 shares during the period. Squarepoint Ops LLC increased its holdings in Pentair by 210.8% in the 4th quarter. Squarepoint Ops LLC now owns 640,803 shares of the industrial products company’s stock worth $66,733,000 after acquiring an additional 434,657 shares in the last quarter. Ameriprise Financial Inc. raised its position in Pentair by 37.6% during the second quarter. Ameriprise Financial Inc. now owns 1,565,882 shares of the industrial products company’s stock worth $160,751,000 after acquiring an additional 428,200 shares during the period. Finally, Millennium Management LLC lifted its holdings in Pentair by 5,022.7% during the fourth quarter. Millennium Management LLC now owns 372,986 shares of the industrial products company’s stock valued at $38,843,000 after purchasing an additional 365,705 shares in the last quarter. Institutional investors and hedge funds own 92.37% of the company’s stock.
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.
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