Pentair (NYSE:PNR – Get Free Report) updated its second quarter 2026 earnings guidance on Tuesday. The company provided earnings per share guidance of 1.120-1.120 for the period, compared to the consensus estimate of 1.480. The company issued revenue guidance of $930.0 million-$930.0 million, compared to the consensus revenue estimate of $1.1 billion. Pentair also updated its FY 2026 guidance to 4.600-4.800 EPS.
Analyst Ratings Changes
PNR has been the topic of a number of research analyst reports. Wall Street Zen lowered shares of Pentair from a “buy” rating to a “hold” rating in a report on Saturday, April 11th. Weiss Ratings downgraded Pentair from a “hold (c+)” rating to a “hold (c)” rating in a report on Monday, May 11th. Oppenheimer reduced their target price on Pentair from $122.00 to $115.00 and set an “outperform” rating on the stock in a report on Wednesday, April 29th. Royal Bank Of Canada downgraded Pentair from an “outperform” rating to a “sector perform” rating in a research report on Wednesday. Finally, TD Cowen cut their price objective on Pentair from $90.00 to $75.00 and set a “sell” rating on the stock in a report on Wednesday, April 29th. Eight investment analysts have rated the stock with a Buy rating, four have issued a Hold rating and three have given a Sell rating to the stock. According to MarketBeat, the stock has an average rating of “Hold” and a consensus price target of $107.86.
Check Out Our Latest Report on Pentair
Pentair Stock Performance
Pentair (NYSE:PNR – Get Free Report) last issued its quarterly earnings data on Wednesday, April 29th. The industrial products company reported $1.22 earnings per share for the quarter, beating analysts’ consensus estimates of $1.17 by $0.05. The firm had revenue of $1.04 billion during the quarter, compared to analyst estimates of $1.03 billion. Pentair had a return on equity of 21.92% and a net margin of 15.98%.Pentair’s quarterly revenue was up 2.6% on a year-over-year basis. During the same quarter last year, the firm earned $1.11 EPS. On average, research analysts expect that Pentair will post 5.35 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. Shareholders of record on Friday, July 24th will be paid a dividend of $0.27 per share. The ex-dividend date is Friday, July 24th. This represents a $1.08 annualized dividend and a yield of 1.4%. Pentair’s dividend payout ratio is presently 26.47%.
Hedge Funds Weigh In On Pentair
Large investors have recently bought and sold shares of the business. Sivia Capital Partners LLC bought a new stake in shares of Pentair in the 2nd quarter worth $222,000. Summit Securities Group LLC grew its stake in shares of Pentair by 189.0% in the 4th quarter. Summit Securities Group LLC now owns 818 shares of the industrial products company’s stock worth $85,000 after purchasing an additional 535 shares during the last quarter. CreativeOne Wealth LLC bought a new stake in shares of Pentair in the 4th quarter worth approximately $231,000. Virtue Capital Management LLC acquired a new position in Pentair in the fourth quarter worth approximately $216,000. Finally, Algert Global LLC bought a new position in shares of Pentair in the third quarter valued at $206,000. Institutional investors own 92.37% of the company’s stock.
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.
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