Pentair (NYSE:PNR) Issues Q3 2026 Earnings Guidance

Pentair (NYSE:PNR) updated its third quarter 2026 earnings guidance on Tuesday. The company provided earnings per share guidance of 1.050-1.080 for the period, compared to the consensus 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.

Pentair Trading Up 0.5%

NYSE:PNR opened at $63.22 on Tuesday. Pentair has a 12 month low of $57.60 and a 12 month high of $113.95. The firm has a market cap of $10.22 billion, a price-to-earnings ratio of 15.50, a P/E/G ratio of 1.34 and a beta of 1.03. The company has a quick ratio of 1.19, a current ratio of 1.88 and a debt-to-equity ratio of 0.51. The company’s 50 day moving average is $72.15 and its 200-day moving average is $85.80.

Pentair (NYSE:PNR) last issued its quarterly earnings data 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. The business had revenue of $932.60 million during the quarter, compared to analysts’ expectations of $943.24 million. Pentair had a net margin of 15.98% and a return on equity of 21.92%. Pentair has set its Q3 2026 guidance at 1.050-1.080 EPS. Equities analysts anticipate that Pentair will post 4.78 EPS for the current year.

Pentair Dividend Announcement

The company 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 dividend of $0.27 per share. 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 payout ratio is currently 26.47%.

Analyst Upgrades and Downgrades

A number of research firms have issued reports on PNR. Barclays decreased 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. BNP Paribas Exane reissued an “underperform” rating and set a $64.00 price objective (down from $75.00) on shares of Pentair in a research report on Thursday, July 16th. Wolfe Research downgraded Pentair from an “outperform” rating to a “peer perform” rating in a research note on Thursday, July 9th. The Goldman Sachs Group lowered their target price on Pentair from $91.00 to $72.00 and set a “neutral” rating on the stock in a report on Wednesday, July 15th. Finally, Seaport Research Partners downgraded Pentair from a “buy” rating to a “neutral” rating in a research report on Wednesday, July 15th. Eight equities research analysts have rated the stock with a Buy rating, six have issued a Hold rating and three have given a Sell rating to the company’s stock. Based on data from MarketBeat, the company presently has a consensus rating of “Hold” and a consensus price target of $90.75.

Key Stories Impacting Pentair

Here are the key news stories impacting Pentair this week:

• Positive Sentiment: Pentair reported second-quarter adjusted EPS of $1.14, slightly above the $1.12 analyst consensus. The company also generated $150 million in share repurchases, supporting per-share results. Pentair second-quarter earnings release
• Positive Sentiment: The company agreed to acquire Taco Group Holdings for approximately $1.4 billion, expanding Pentair’s hydronic and water-solutions portfolio. Management expects the transaction to accelerate growth and broaden its product offering, although the deal remains subject to customary closing conditions. Pentair to acquire Taco Group Holdings
• Neutral Sentiment: Results were mixed: second-quarter revenue of $932.6 million fell short of the $943.2 million consensus, while adjusted profitability exceeded expectations. Flow sales increased 5%, partially offsetting a 42% decline in Pool sales and a 5% decline in Water Solutions sales. Pentair reports second-quarter 2026 results
• Negative Sentiment: Pool-channel inventory destocking reduced sales by approximately $170 million, contributing to a 17% year-over-year revenue decline. Net income also dropped to $128.6 million from $148.5 million a year earlier.
• Negative Sentiment: Pentair’s third-quarter EPS outlook of $1.05–$1.08 is well below the $1.33 consensus estimate; reported guidance elsewhere lists GAAP EPS of approximately $0.97–$1.00. Revenue guidance of $960.7 million–$981.1 million also indicates limited near-term growth. Full-year GAAP EPS guidance was reduced to approximately $3.86–$4.06.
• Negative Sentiment: Several law firms announced investigations into potential securities-law violations tied to Pool inventory destocking and the company’s CFO departure. These announcements add reputational and potential litigation risk, though no wrongdoing has been established. Pentair investor investigation notice

Hedge Funds Weigh In On Pentair

Institutional investors and hedge funds have recently added to or reduced their stakes in the company. Moors & Cabot Inc. raised its position in Pentair by 0.9% in the third quarter. Moors & Cabot Inc. now owns 11,006 shares of the industrial products company’s stock worth $1,219,000 after purchasing an additional 100 shares in the last quarter. Private Advisor Group LLC boosted its stake in Pentair by 1.2% in the third quarter. Private Advisor Group LLC now owns 8,888 shares of the industrial products company’s stock worth $984,000 after purchasing an additional 105 shares in the last quarter. Captrust Financial Advisors lifted its position in Pentair by 0.3% during the 2nd quarter. Captrust Financial Advisors now owns 38,135 shares of the industrial products company’s stock worth $3,915,000 after buying an additional 107 shares in the last quarter. Laird Norton Wetherby Wealth Management LLC increased its holdings in shares of Pentair by 1.3% in the third quarter. Laird Norton Wetherby Wealth Management LLC now owns 10,737 shares of the industrial products company’s stock valued at $1,189,000 after purchasing an additional 136 shares in the last quarter. Finally, Kestra Private Wealth Services LLC lifted its stake in shares of Pentair by 2.8% during the third quarter. Kestra Private Wealth Services LLC now owns 5,443 shares of the industrial products company’s stock valued at $603,000 after acquiring an additional 147 shares during the period. 92.37% of the stock is currently 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.