Pentair (NYSE:PNR) Announces Quarterly Earnings Results, Beats Expectations By $0.11 EPS

Pentair (NYSE:PNR) posted its earnings results on Tuesday. The industrial products company reported $1.18 EPS for the quarter, beating the consensus estimate of $1.07 by $0.11, FiscalAI reports. The company had revenue of $976.40 million for the quarter, compared to the consensus estimate of $963.71 million. The firm’s revenue for the quarter was down 4.5% compared to the same quarter last year. During the same period last year, the company posted $1.24 earnings per share.

Here are the key takeaways from Pentair’s conference call:

• Third-quarter results exceeded expectations, with adjusted EPS of $1.18 versus guidance of $1.05–$1.08, supported by strong execution in Flow and Water Solutions and $153 million of free cash flow.
• The Taco acquisition closed on October 1 and is performing ahead of expectations, with projected 2027 sales above $620 million and EBITDA above $105 million; management expects it to be adjusted-EPS accretive in 2027 and plans to delever from roughly 2.5x net leverage.
• Pentair said the Pool channel inventory destocking is complete, with roughly $280 million removed across the second and third quarters. Management expects 2027 Pool sales to rise approximately 14% as shipments align with estimated $1.45 billion sell-through, even without an end-market recovery.
• Flow and Water Solutions delivered sales growth and significant margin expansion, although Flow was constrained by delayed food-and-beverage spending and Water Solutions continues to face residential housing headwinds.
• The company expects approximately $43 million of 2026 tariff recoveries to be nonrecurring, creating a year-over-year earnings headwind in 2027; Pool also remains in a recovery phase, with 2026 sales expected to decline 18%–19% and ongoing investments pressuring margins.

Pentair Price Performance

PNR opened at $62.48 on Wednesday. Pentair has a one year low of $51.13 and a one year high of $110.12. The stock’s fifty day moving average is $56.68 and its 200-day moving average is $77.01.

Pentair Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Friday, November 6th. Stockholders of record on Friday, October 23rd will be given a dividend of $0.27 per share. The ex-dividend date is Friday, October 23rd. This represents a $1.08 annualized dividend and a dividend yield of 1.7%.

Trending Headlines about Pentair

Here are the key news stories impacting Pentair this week:

• Positive Sentiment: Quarterly earnings and sales beat estimates. Pentair reported adjusted EPS of $1.18, ahead of the $1.07 consensus, while revenue of $976.4 million exceeded estimates of approximately $963.7 million. The earnings beat was about 10%, supporting the stock’s advance. Pentair Reports Third Quarter 2026 Results
• Positive Sentiment: 2026 outlook was maintained or improved. Management reaffirmed its full-year adjusted EPS outlook of about $4.70 and raised its full-year sales outlook above the prior consensus. Pentair also expects more than $800 million in free cash flow, providing support for debt reduction, investment and shareholder returns. Why Pentair Stock Popped This Morning
• Positive Sentiment: Pool-market stabilization and future growth are encouraging. Commentary indicated that the pool business may be absorbing much of its recent downturn, while the Taco acquisition is expected to create additional growth opportunities and contribute to a potential 2027 recovery. Pentair Eyes Major 2027 Comeback
• Neutral Sentiment: Analysts remain cautiously constructive. Zacks Research raised its 2027 EPS forecast to $5.12 from $5.05, but retained a “Hold” rating, suggesting improving earnings expectations have not yet eliminated valuation or execution concerns.
• Negative Sentiment: Underlying results still declined year over year. Revenue fell about 4.5% and adjusted EPS declined from $1.24 in the prior-year quarter. Pool sales remained weak, leaving investors dependent on stabilization in that market and growth from newer businesses. PNR Q3 Earnings Beat Estimates

Analyst Ratings Changes

Several equities research analysts have weighed in on the company. Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating and issued a $81.00 target price on shares of Pentair in a research report on Monday, July 27th. Zacks Research raised shares of Pentair from a “strong sell” rating to a “hold” rating in a report on Wednesday, October 7th. Robert W. Baird lowered their price target on shares of Pentair from $83.00 to $80.00 and set an “outperform” rating for the company in a research report on Wednesday, July 29th. Citigroup lowered their price target on shares of Pentair from $85.00 to $69.00 and set a “buy” rating for the company in a research report on Monday, October 12th. Finally, Wolfe Research raised shares of Pentair from a “peer perform” rating to an “outperform” rating and set a $91.00 price objective on the stock in a report on Tuesday, September 15th. One research analyst has rated the stock with a Strong Buy rating, seven have issued 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 has a consensus rating of “Hold” and an average target price of $76.19.

Pentair Company Profile

Pentair plc (NYSE: PNR) is a water treatment and management company that designs and manufactures products and systems for residential, commercial, industrial, and recreational applications. Its offerings include water filtration, softening, and purification systems; pumps, valves, controls, and related equipment; and solutions that help customers manage water quality, flow, and conservation.

The company also serves the swimming pool and spa market through equipment such as pumps, filters, heaters, lighting, automation systems, and water-treatment products.