Pentair (NYSE:PNR) Releases Q1 Earnings Guidance

Pentair (NYSE:PNR) updated its first quarter earnings guidance on Tuesday. The company provided earnings per share guidance of $1.00-1.02 for the period, compared to the consensus earnings per share estimate of $1.10. Pentair also updated its FY 2025 guidance to 4.650-4.800 EPS.

Pentair Stock Performance

Shares of PNR stock traded up $1.45 during mid-day trading on Wednesday, hitting $99.71. The stock had a trading volume of 541,603 shares, compared to its average volume of 1,348,641. Pentair has a fifty-two week low of $72.30 and a fifty-two week high of $110.71. The company has a debt-to-equity ratio of 0.47, a current ratio of 1.60 and a quick ratio of 0.91. The company’s 50-day simple moving average is $103.51 and its 200-day simple moving average is $97.10. The firm has a market cap of $16.47 billion, a PE ratio of 24.86, a PEG ratio of 1.65 and a beta of 1.20.

Pentair (NYSE:PNR) last released its quarterly earnings data on Tuesday, February 4th. The industrial products company reported $1.08 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.02 by $0.06. The firm had revenue of $972.90 million during the quarter, compared to analysts’ expectations of $970.95 million. Pentair had a return on equity of 20.48% and a net margin of 16.29%. Pentair’s revenue was down 1.2% compared to the same quarter last year. During the same quarter in the prior year, the business posted $0.87 earnings per share. Sell-side analysts anticipate that Pentair will post 4.28 earnings per share for the current year.

Pentair Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Friday, February 7th. Stockholders of record on Friday, January 24th will be paid a dividend of $0.25 per share. This is a positive change from Pentair’s previous quarterly dividend of $0.23. The ex-dividend date of this dividend is Friday, January 24th. This represents a $1.00 annualized dividend and a dividend yield of 1.00%. Pentair’s payout ratio is 25.00%.

Analyst Ratings Changes

Several brokerages recently issued reports on PNR. The Goldman Sachs Group lifted their price objective on Pentair from $93.00 to $103.00 and gave the stock a “neutral” rating in a report on Wednesday, October 23rd. KeyCorp reiterated a “sector weight” rating and issued a $115.00 price objective on shares of Pentair in a research report on Monday, January 6th. Mizuho increased their price objective on shares of Pentair from $100.00 to $110.00 and gave the company an “outperform” rating in a research note on Thursday, October 17th. TD Cowen lifted their target price on shares of Pentair from $95.00 to $110.00 and gave the stock a “buy” rating in a research report on Wednesday, October 23rd. Finally, Wolfe Research started coverage on shares of Pentair in a research report on Tuesday, November 26th. They issued an “outperform” rating and a $125.00 price target on the stock. Seven analysts have rated the stock with a hold rating and ten have issued a buy rating to the company. Based on data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $111.25.

About Pentair

Pentair plc provides various water solutions in the United States, Western Europe, China, Eastern Europe, Latin America, the Middle East, Southeast Asia, Australia, Canada, and Japan. The company operates through three segments: Flow, Water Solutions, and Pool. The Flow segment designs, manufactures, and sells fluid treatment and pump products and systems, including pressure vessels, gas recovery solutions, membrane bioreactors, wastewater reuse systems and advanced membrane filtration, separation systems, water disposal pumps, water supply pumps, fluid transfer pumps, turbine pumps, solid handling pumps, and agricultural spray nozzles for fluid delivery, ion exchange, desalination, food and beverage, separation technologies in the oil and gas industry, residential and municipal wells, water treatment, wastewater solids handling, pressure boosting, circulation and transfer, fire suppression, flood control, agricultural irrigation, and crop spray in residential, commercial, and industrial markets.