Pentair (NYSE:PNR) Posts Quarterly Earnings Results, Beats Estimates By $0.02 EPS

Pentair (NYSE:PNR) announced its earnings results on Tuesday. The industrial products company reported $1.14 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.12 by $0.02, FiscalAI reports. 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 analyst estimates of $943.24 million. During the same quarter last year, the firm posted $1.39 EPS. The business’s revenue was down 17.0% on a year-over-year basis. Pentair updated its Q3 2026 guidance to 1.050-1.080 EPS.

Pentair Trading Up 0.5%

Shares of PNR stock opened at $63.22 on Tuesday. Pentair has a 1-year low of $57.60 and a 1-year high of $113.95. The firm has a market cap of $10.22 billion, a PE ratio of 15.50, a price-to-earnings-growth ratio of 1.34 and a beta of 1.03. The company has a 50-day moving average of $72.15 and a two-hundred day moving average of $85.80. 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 Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Friday, August 7th. Shareholders of record on Friday, July 24th will be given a $0.27 dividend. The ex-dividend date of this dividend is Friday, July 24th. This represents a $1.08 dividend on an annualized basis and a yield of 1.7%. Pentair’s dividend payout ratio is presently 26.47%.

Hedge Funds Weigh In On Pentair

Hedge funds have recently made changes to their positions in the stock. AQR Capital Management LLC increased its holdings in Pentair by 43.0% in the 3rd quarter. AQR Capital Management LLC now owns 1,472,500 shares of the industrial products company’s stock valued at $161,754,000 after purchasing an additional 442,534 shares during the last quarter. Morgan Stanley lifted its stake in Pentair by 21.7% during the fourth quarter. Morgan Stanley now owns 2,474,549 shares of the industrial products company’s stock worth $257,700,000 after purchasing an additional 441,878 shares in the last quarter. Squarepoint Ops LLC lifted its stake in Pentair by 210.8% during the fourth quarter. Squarepoint Ops LLC now owns 640,803 shares of the industrial products company’s stock worth $66,733,000 after purchasing an additional 434,657 shares in the last quarter. Ameriprise Financial Inc. boosted its position in shares of 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 buying an additional 428,200 shares during the period. Finally, Millennium Management LLC boosted its position in shares of Pentair by 5,022.7% during the fourth quarter. Millennium Management LLC now owns 372,986 shares of the industrial products company’s stock worth $38,843,000 after buying an additional 365,705 shares during the period. Hedge funds and other institutional investors own 92.37% of the company’s stock.

Wall Street Analysts Forecast Growth

PNR has been the subject of a number of research analyst reports. Stifel Nicolaus restated a “hold” rating and set a $65.00 price objective (down from $103.00) on shares of Pentair in a research report on Thursday, July 16th. Oppenheimer dropped their target price on shares of Pentair from $115.00 to $94.00 and set an “outperform” rating on the stock in a research report on Thursday, July 16th. Citigroup reduced their price target on shares of Pentair from $112.00 to $106.00 and set a “buy” rating for the company in a research report on Wednesday, April 29th. Bank of America decreased their price target on shares of Pentair from $100.00 to $88.00 and set an “underperform” rating on the stock in a research note on Monday, April 20th. Finally, Jefferies Financial Group set a $90.00 price objective on Pentair in a research note on Wednesday, July 15th. Eight investment analysts have rated the stock with a Buy rating, six have assigned a Hold rating and three have given a Sell rating to the stock. Based on data from MarketBeat, the company presently has a consensus rating of “Hold” and an average price target of $90.75.

Key Headlines Impacting Pentair

Here are the key news stories impacting Pentair this week:

• Positive Sentiment: Pentair reported adjusted second-quarter earnings of $1.14 per share, exceeding the $1.12 analyst consensus. The company also repurchased $150 million of stock, supporting per-share results. Pentair Tops Q2 Earnings Estimates
• Positive Sentiment: Pentair agreed to acquire Taco Group Holdings for approximately $1.4 billion. Management says the hydronic and water-solutions company will broaden Pentair’s product portfolio and accelerate growth, although the transaction is subject to customary adjustments and carries integration and financing considerations. Pentair to Acquire Taco Group Holdings
• Neutral Sentiment: Analysts maintained a consensus “Hold” view, reflecting uncertainty following the recent operating weakness and outlook reductions. Pentair Receives Hold Consensus
• Negative Sentiment: Second-quarter sales fell 17% to $932.6 million, missing estimates of $943.2 million. Pool sales plunged 42% as channel partners worked through roughly $170 million of inventory, while net income declined to $128.6 million from $148.5 million a year earlier. Pentair Reports Second Quarter Results
• Negative Sentiment: Third-quarter adjusted EPS guidance of $1.05–$1.08 is well below the $1.33 consensus, while revenue guidance of $960.7–$981.1 million is at or below expectations. Full-year GAAP EPS guidance was reduced to approximately $3.86–$4.06. Pentair Q2 Sales Fall
• Negative Sentiment: Several law firms announced investigations into possible securities-law violations related to Pool-channel destocking and the company’s leadership changes. These are allegations and do not establish wrongdoing, but they add reputational and legal uncertainty. Pentair Investor Investigation

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.