Pentair (NYSE:PNR) Updates Q1 Earnings Guidance

Pentair (NYSE:PNR) issued an update on its first quarter earnings guidance on Tuesday morning. The company provided earnings per share (EPS) guidance of $1.00-1.02 for the period, compared to the consensus estimate of $1.10. Pentair also updated its FY 2025 guidance to 4.650-4.800 EPS.

Pentair Stock Down 4.2 %

NYSE:PNR traded down $4.35 during mid-day trading on Tuesday, hitting $98.28. 3,491,488 shares of the company’s stock were exchanged, compared to its average volume of 1,389,713. Pentair has a one year low of $72.03 and a one year high of $110.71. The business has a fifty day moving average price of $103.73 and a 200 day moving average price of $96.96. The company has a market cap of $16.24 billion, a PE ratio of 24.57, a P/E/G ratio of 1.65 and a beta of 1.20. The company has a debt-to-equity ratio of 0.47, a current ratio of 1.60 and a quick ratio of 0.91.

Pentair (NYSE:PNR) last announced its quarterly earnings data on Tuesday, February 4th. The industrial products company reported $1.08 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.02 by $0.06. Pentair had a return on equity of 20.48% and a net margin of 16.29%. The business had revenue of $972.90 million during the quarter, compared to analysts’ expectations of $970.95 million. During the same quarter in the previous year, the business earned $0.87 earnings per share. The firm’s quarterly revenue was down 1.2% compared to the same quarter last year. Equities analysts predict that Pentair will post 4.28 EPS for the current year.

Pentair Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Friday, February 7th. Shareholders of record on Friday, January 24th will be issued a $0.25 dividend. This is a positive change from Pentair’s previous quarterly dividend of $0.23. The ex-dividend date is Friday, January 24th. This represents a $1.00 dividend on an annualized basis and a dividend yield of 1.02%. Pentair’s dividend payout ratio (DPR) is presently 25.00%.

Analyst Upgrades and Downgrades

Several equities research analysts recently commented on the company. Barclays increased their price objective on Pentair from $108.00 to $120.00 and gave the company an “overweight” rating in a research report on Thursday, December 5th. The Goldman Sachs Group upped their price objective on Pentair from $93.00 to $103.00 and gave the company a “neutral” rating in a research report on Wednesday, October 23rd. JPMorgan Chase & Co. boosted their price target on Pentair from $106.00 to $110.00 and gave the company a “neutral” rating in a research note on Wednesday, October 23rd. Citigroup lowered their price objective on shares of Pentair from $126.00 to $119.00 and set a “buy” rating on the stock in a research note on Monday, January 13th. Finally, Royal Bank of Canada reissued an “outperform” rating and set a $115.00 price target on shares of Pentair in a report on Thursday, November 21st. Six investment analysts have rated the stock with a hold rating and ten have assigned a buy rating to the company. According to data from MarketBeat, the company has a consensus rating of “Moderate Buy” and an average target price of $111.07.

About Pentair

Pentair plc provides various water solutions in the United States, Western Europe, China, Eastern Europe, Latin America, the Middle East, Southeast Asia, Australia, Canada, and Japan. The company operates through three segments: Flow, Water Solutions, and Pool. The Flow segment designs, manufactures, and sells fluid treatment and pump products and systems, including pressure vessels, gas recovery solutions, membrane bioreactors, wastewater reuse systems and advanced membrane filtration, separation systems, water disposal pumps, water supply pumps, fluid transfer pumps, turbine pumps, solid handling pumps, and agricultural spray nozzles for fluid delivery, ion exchange, desalination, food and beverage, separation technologies in the oil and gas industry, residential and municipal wells, water treatment, wastewater solids handling, pressure boosting, circulation and transfer, fire suppression, flood control, agricultural irrigation, and crop spray in residential, commercial, and industrial markets.