Pentair (NYSE:PNR) Updates Q3 2026 Earnings Guidance

Pentair (NYSE:PNR) updated its third quarter 2026 earnings guidance on Tuesday. The company provided EPS guidance of 1.050-1.080 for the period, compared to the consensus earnings per share estimate of 1.330. The company issued revenue guidance of $960.7 million-$981.1 million, compared to the consensus revenue estimate of $981.1 million.

Analyst Upgrades and Downgrades

Several research firms recently commented on PNR. Wolfe Research downgraded shares of Pentair from an “outperform” rating to a “peer perform” rating in a report on Thursday, July 9th. Seaport Research Partners downgraded Pentair from a “buy” rating to a “neutral” rating in a research report on Wednesday, July 15th. Citigroup cut their price target on shares of Pentair from $112.00 to $106.00 and set a “buy” rating for the company in a research note on Wednesday, April 29th. The Goldman Sachs Group cut their price objective on Pentair from $91.00 to $72.00 and set a “neutral” rating for the company in a report on Wednesday, July 15th. Finally, Stifel Nicolaus reiterated a “hold” rating and issued a $65.00 target price (down from $103.00) on shares of Pentair in a research report on Thursday, July 16th. Eight investment analysts have rated the stock with a Buy rating, six have assigned a Hold rating and three have assigned a Sell rating to the stock. According to data from MarketBeat.com, the stock has an average rating of “Hold” and an average target price of $90.56.

Pentair Trading Up 0.5%

PNR stock traded up $0.34 during trading on Wednesday, reaching $67.11. The company had a trading volume of 364,141 shares, compared to its average volume of 2,154,422. The company has a debt-to-equity ratio of 0.51, a current ratio of 1.88 and a quick ratio of 1.19. Pentair has a 52 week low of $57.60 and a 52 week high of $113.95. The business has a 50 day moving average of $72.05 and a 200 day moving average of $85.56. The company has a market cap of $10.85 billion, a P/E ratio of 16.40, a PEG ratio of 1.34 and a beta of 1.03.

Pentair (NYSE:PNR) last posted its earnings results on Tuesday, July 28th. The industrial products company reported $1.14 earnings per share for the quarter, topping analysts’ consensus estimates of $1.12 by $0.02. Pentair had a return on equity of 21.92% and a net margin of 15.98%.The firm had revenue of $932.60 million for the quarter, compared to the consensus estimate of $943.24 million. During the same quarter in the prior year, the business earned $1.39 EPS. The business’s revenue for the quarter was down 17.0% on a year-over-year basis. Pentair has set its Q3 2026 guidance at 1.050-1.080 EPS. As a group, sell-side analysts forecast that Pentair will post 4.78 earnings per share for the current fiscal year.

Pentair Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Friday, August 7th. Investors of record on Friday, July 24th will be given a dividend of $0.27 per share. This represents a $1.08 annualized dividend and a yield of 1.6%. The ex-dividend date of this dividend is Friday, July 24th. Pentair’s dividend payout ratio is 26.47%.

Pentair News Summary

Here are the key news stories impacting Pentair this week:

• Positive Sentiment: Robert W. Baird maintained an “outperform” rating on Pentair (PNR) while lowering its price target from $83 to $80. The new target still implies approximately 20% upside from the referenced $66.72 share price. Benzinga
• Positive Sentiment: Pentair agreed to acquire Taco Group Holdings for approximately $1.4 billion, expanding its hydronic and water-based solutions businesses and increasing exposure to HVAC, data centers and other potentially faster-growing markets. The transaction is valued at about 10.5 times Taco’s estimated 2026 EBITDA, including expected synergies. Pentair to Acquire Taco Group Holdings
• Neutral Sentiment: Pentair reaffirmed its broader outlook while reporting mixed second-quarter results. Adjusted EPS was $1.14, slightly above the $1.12 consensus estimate, and the company repurchased $150 million of shares. Pentair Reports Second Quarter 2026 Results
• Negative Sentiment: Second-quarter sales fell 17% year over year to $932.6 million, missing the $943.2 million consensus estimate. Pool sales plunged 42% as channel partners continued to destock inventory by roughly $170 million; Flow sales rose 5%, while Water Solutions declined 5%. GAAP EPS from continuing operations fell to $0.80 from $0.90 a year earlier. PNR Q2 Earnings Beat Estimates, Revenues Miss on Pool Weakness
• Negative Sentiment: Third-quarter adjusted EPS guidance of $1.05–$1.08 is well below the $1.33 analyst consensus, while reported GAAP guidance was approximately $0.97–$1.00. Full-year 2026 GAAP EPS guidance was reduced to approximately $3.86–$4.06, reinforcing concerns about weak near-term demand.
• Negative Sentiment: Several law firms, including Bleichmar Fonti & Auld, Robbins, Johnson Fistel, Pomerantz and Berger Montague, announced investigations into potential securities-law violations related to Pool-segment destocking, prior disclosures and the CFO departure. These announcements may add legal and reputational overhang, although no wrongdoing has been established.

Hedge Funds Weigh In On Pentair

Several hedge funds and other institutional investors have recently added to or reduced their stakes in PNR. Invesco Ltd. raised its stake in shares of Pentair by 3.1% in the fourth quarter. Invesco Ltd. now owns 3,414,386 shares of the industrial products company’s stock worth $355,574,000 after purchasing an additional 101,650 shares during the last quarter. Morgan Stanley raised its position in Pentair by 21.7% in the 4th quarter. Morgan Stanley now owns 2,474,549 shares of the industrial products company’s stock worth $257,700,000 after buying an additional 441,878 shares during the last quarter. Northern Trust Corp lifted its stake in Pentair by 0.9% during the 3rd quarter. Northern Trust Corp now owns 2,149,531 shares of the industrial products company’s stock valued at $238,082,000 after acquiring an additional 18,716 shares during the period. Deutsche Bank AG boosted its holdings in shares of Pentair by 5.5% during the 4th quarter. Deutsche Bank AG now owns 1,665,522 shares of the industrial products company’s stock valued at $173,447,000 after acquiring an additional 87,203 shares during the last quarter. Finally, Ameriprise Financial Inc. lifted 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 valued at $160,751,000 after purchasing an additional 428,200 shares during the period. 92.37% of the stock is owned by institutional investors.

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.