Zacks Research Has Positive Outlook for Pentair Q1 Earnings

Pentair plc (NYSE:PNR) – Analysts at Zacks Research lifted their Q1 2027 EPS estimates for shares of Pentair in a report issued on Thursday, June 4th. Zacks Research analyst Team now anticipates that the industrial products company will post earnings of $1.32 per share for the quarter, up from their previous forecast of $1.30. The consensus estimate for Pentair’s current full-year earnings is $5.35 per share. Zacks Research also issued estimates for Pentair’s Q3 2027 earnings at $1.44 EPS, Q1 2028 earnings at $1.50 EPS and FY2028 earnings at $6.31 EPS.

Pentair (NYSE:PNR) last posted its earnings results on Wednesday, April 29th. The industrial products company reported $1.22 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.17 by $0.05. Pentair had a net margin of 15.98% and a return on equity of 21.92%. The firm had revenue of $1.04 billion during the quarter, compared to analysts’ expectations of $1.03 billion. During the same period in the previous year, the business posted $1.11 EPS. The business’s revenue was up 2.6% compared to the same quarter last year.

Other equities analysts have also recently issued reports about the stock. Seaport Research Partners decreased their target price on shares of Pentair from $130.00 to $125.00 and set a “buy” rating for the company in a research note on Wednesday, April 29th. Barclays cut their price target on shares of Pentair from $95.00 to $92.00 and set an “equal weight” rating for the company in a report on Wednesday, April 29th. Bank of America cut their price target on shares of Pentair from $100.00 to $88.00 and set an “underperform” rating for the company in a report on Monday, April 20th. Robert W. Baird set a $110.00 price target on shares of Pentair in a report on Wednesday, April 29th. Finally, Weiss Ratings lowered shares of Pentair from a “hold (c+)” rating to a “hold (c)” rating in a report on Monday, May 11th. Ten equities research analysts have rated the stock with a Buy rating, two have issued a Hold rating and three have given a Sell rating to the company’s stock. Based on data from MarketBeat, Pentair presently has an average rating of “Hold” and an average target price of $107.86.

Pentair Stock Performance

PNR opened at $72.83 on Friday. The company has a debt-to-equity ratio of 0.51, a current ratio of 1.88 and a quick ratio of 1.19. The firm has a fifty day moving average price of $81.53 and a 200 day moving average price of $94.30. Pentair has a 1 year low of $69.93 and a 1 year high of $113.95. The stock has a market cap of $11.77 billion, a P/E ratio of 17.85, a P/E/G ratio of 1.21 and a beta of 1.05.

Institutional Investors Weigh In On Pentair

Several institutional investors and hedge funds have recently added to or reduced their stakes in PNR. Ameriprise Financial Inc. boosted its stake in Pentair by 106.7% during the 3rd quarter. Ameriprise Financial Inc. now owns 3,236,826 shares of the industrial products company’s stock worth $358,521,000 after purchasing an additional 1,670,944 shares during the last quarter. Hsbc Holdings PLC boosted its stake in 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 purchasing an additional 1,189,122 shares during the last quarter. Assenagon Asset Management S.A. boosted its stake in Pentair by 1,690.9% during the 4th quarter. Assenagon Asset Management S.A. now owns 729,663 shares of the industrial products company’s stock worth $75,987,000 after purchasing an additional 688,921 shares during the last quarter. Nordea Investment Management AB boosted its stake in Pentair by 22.8% during the 4th quarter. Nordea Investment Management AB now owns 3,484,915 shares of the industrial products company’s stock worth $366,787,000 after purchasing an additional 647,162 shares during the last quarter. Finally, 140 Summer Partners LP acquired a new stake in Pentair during the 3rd quarter worth $60,752,000. Institutional investors and hedge funds own 92.37% of the company’s stock.

Pentair Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Friday, August 7th. Investors of record on Friday, July 24th will be issued a $0.27 dividend. This represents a $1.08 annualized dividend and a yield of 1.5%. The ex-dividend date of this dividend is Friday, July 24th. Pentair’s payout ratio is presently 26.47%.

Pentair Company Profile

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.