Pentair plc (NYSE:PNR – Free Report) – Zacks Research lowered their Q3 2026 earnings per share (EPS) estimates for Pentair in a research report issued on Friday, October 23rd. Zacks Research analyst Team now expects that the industrial products company will post earnings per share of $1.06 for the quarter, down from their prior forecast of $1.07. Zacks Research currently has a “Hold” rating on the stock. The consensus estimate for Pentair’s current full-year earnings is $4.63 per share. Zacks Research also issued estimates for Pentair’s FY2026 earnings at $4.62 EPS, Q1 2028 earnings at $1.40 EPS, Q2 2028 earnings at $1.29 EPS, Q3 2028 earnings at $1.34 EPS and FY2028 earnings at $5.50 EPS.
Pentair (NYSE:PNR – Get Free Report) last issued its earnings results on Tuesday, October 27th. The industrial products company reported $1.18 EPS for the quarter, topping the consensus estimate of $1.07 by $0.11. The business had revenue of $976.40 million for the quarter, compared to the consensus estimate of $963.71 million. The business’s revenue was down 4.5% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $1.24 earnings per share.
Several other equities analysts also recently commented on the company. Weiss Ratings downgraded Pentair from a “hold (c-)” rating to a “sell (d+)” rating in a research report on Tuesday, October 13th. Jefferies Financial Group raised shares of Pentair to a “strong-buy” rating in a report on Wednesday, October 7th. Robert W. Baird cut their target price on Pentair from $83.00 to $80.00 and set an “outperform” rating for the company in a research note on Wednesday, July 29th. Mizuho reduced their target price on Pentair from $85.00 to $65.00 and set an “outperform” rating on the stock in a report on Thursday, October 15th. Finally, William Blair set a $50.00 price target on Pentair in a research note on Wednesday, October 14th. One investment analyst has rated the stock with a Strong Buy rating, seven have given a Buy rating, six have issued a Hold rating and three have given a Sell rating to the stock. Based on data from MarketBeat.com, the stock has an average rating of “Hold” and an average target price of $76.19.
Check Out Our Latest Analysis on Pentair
Pentair Price Performance
Shares of PNR opened at $62.48 on Monday. Pentair has a fifty-two week low of $51.13 and a fifty-two week high of $110.12. The company’s 50-day moving average is $56.68 and its 200-day moving average is $77.01.
Institutional Trading of Pentair
Several institutional investors have recently added to or reduced their stakes in the stock. Amundi boosted its stake in shares of Pentair by 13.1% in the 1st quarter. Amundi now owns 4,237,659 shares of the industrial products company’s stock valued at $369,208,000 after purchasing an additional 491,758 shares during the last quarter. Hsbc Holdings PLC boosted its holdings in shares of Pentair by 1,459.8% during the 1st quarter. Hsbc Holdings PLC now owns 1,270,578 shares of the industrial products company’s stock worth $110,617,000 after buying an additional 1,189,122 shares in the last quarter. First Trust Advisors LP grew its position in shares of Pentair by 52.9% during the 1st quarter. First Trust Advisors LP now owns 1,215,064 shares of the industrial products company’s stock worth $105,844,000 after buying an additional 420,140 shares during the period. Vest Financial LLC acquired a new stake in shares of Pentair during the 3rd quarter worth approximately $41,204,000. Finally, Robeco Schweiz AG acquired a new stake in shares of Pentair during the 3rd quarter worth approximately $27,859,000. 92.37% of the stock is currently owned by institutional investors.
Pentair Announces Dividend
The firm also recently declared a quarterly dividend, which will be paid on Friday, November 6th. Stockholders of record on Friday, October 23rd will be issued a dividend of $0.27 per share. This represents a $1.08 dividend on an annualized basis and a dividend yield of 1.7%. The ex-dividend date is Friday, October 23rd.
More Pentair News
Here are the key news stories impacting Pentair this week:
- Positive Sentiment: Quarterly earnings and sales beat estimates. Pentair reported adjusted EPS of $1.18, ahead of the $1.07 consensus, while revenue of $976.4 million exceeded estimates of approximately $963.7 million. The earnings beat was about 10%, supporting the stock’s advance. Pentair Reports Third Quarter 2026 Results
- Positive Sentiment: 2026 outlook was maintained or improved. Management reaffirmed its full-year adjusted EPS outlook of about $4.70 and raised its full-year sales outlook above the prior consensus. Pentair also expects more than $800 million in free cash flow, providing support for debt reduction, investment and shareholder returns. Why Pentair Stock Popped This Morning
- Positive Sentiment: Pool-market stabilization and future growth are encouraging. Commentary indicated that the pool business may be absorbing much of its recent downturn, while the Taco acquisition is expected to create additional growth opportunities and contribute to a potential 2027 recovery. Pentair Eyes Major 2027 Comeback
- Neutral Sentiment: Analysts remain cautiously constructive. Zacks Research raised its 2027 EPS forecast to $5.12 from $5.05, but retained a “Hold” rating, suggesting improving earnings expectations have not yet eliminated valuation or execution concerns.
- Negative Sentiment: Underlying results still declined year over year. Revenue fell about 4.5% and adjusted EPS declined from $1.24 in the prior-year quarter. Pool sales remained weak, leaving investors dependent on stabilization in that market and growth from newer businesses. PNR Q3 Earnings Beat Estimates
Pentair Company Profile
Pentair plc (NYSE: PNR) is a water treatment and management company that designs and manufactures products and systems for residential, commercial, industrial, and recreational applications. Its offerings include water filtration, softening, and purification systems; pumps, valves, controls, and related equipment; and solutions that help customers manage water quality, flow, and conservation.
The company also serves the swimming pool and spa market through equipment such as pumps, filters, heaters, lighting, automation systems, and water-treatment products.
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