Zacks Research Weighs in on Pentair’s Q3 Earnings (NYSE:PNR)

Pentair plc (NYSE:PNR) – Investment analysts at Zacks Research dropped their Q3 2026 EPS estimates for shares of Pentair in a report released on Tuesday, May 12th. Zacks Research analyst Team now forecasts that the industrial products company will post earnings per share of $1.34 for the quarter, down from their previous estimate of $1.36. The consensus estimate for Pentair’s current full-year earnings is $5.35 per share. Zacks Research also issued estimates for Pentair’s FY2026 earnings at $5.35 EPS, Q1 2027 earnings at $1.30 EPS, Q2 2027 earnings at $1.59 EPS, Q3 2027 earnings at $1.45 EPS, FY2027 earnings at $5.83 EPS and Q1 2028 earnings at $1.48 EPS.

Several other equities analysts also recently commented on PNR. Stifel Nicolaus decreased their price objective on shares of Pentair from $110.00 to $103.00 and set a “buy” rating on the stock in a report on Wednesday, April 29th. Wall Street Zen downgraded shares of Pentair from a “buy” rating to a “hold” rating in a report on Saturday, April 11th. Barclays decreased their price objective on shares of Pentair from $95.00 to $92.00 and set an “equal weight” rating on the stock in a report on Wednesday, April 29th. TD Cowen decreased their price objective on shares of Pentair from $90.00 to $75.00 and set a “sell” rating on the stock in a report on Wednesday, April 29th. Finally, Bank of America decreased their price objective on shares of Pentair from $100.00 to $88.00 and set an “underperform” rating on the stock in a report on Monday, April 20th. Ten research analysts have rated the stock with a Buy rating, two have issued a Hold rating and three have given a Sell rating to the company. According to MarketBeat, Pentair presently has an average rating of “Hold” and an average price target of $107.86.

Pentair Price Performance

NYSE PNR opened at $75.28 on Wednesday. The firm’s 50 day moving average is $87.71 and its 200-day moving average is $98.47. Pentair has a 12-month low of $74.51 and a 12-month high of $113.95. The company has a market capitalization of $12.17 billion, a PE ratio of 18.45, a price-to-earnings-growth ratio of 1.28 and a beta of 1.10. The company has a quick ratio of 1.19, a current ratio of 1.88 and a debt-to-equity ratio of 0.51.

Pentair (NYSE:PNR) last released its quarterly earnings data on Wednesday, April 29th. The industrial products company reported $1.22 earnings per share for the quarter, topping the consensus estimate of $1.17 by $0.05. Pentair had a net margin of 15.98% and a return on equity of 21.92%. The business had revenue of $1.04 billion for the quarter, compared to analyst estimates of $1.03 billion. During the same quarter last year, the firm earned $1.11 EPS. Pentair’s quarterly revenue was up 2.6% compared to the same quarter last year.

Institutional Trading of Pentair

A number of institutional investors and hedge funds have recently added to or reduced their stakes in PNR. Nordea Investment Management AB increased its position in Pentair by 173.6% during the 3rd quarter. Nordea Investment Management AB now owns 2,837,753 shares of the industrial products company’s stock valued at $311,046,000 after purchasing an additional 1,800,669 shares during the period. Ameriprise Financial Inc. increased its position in Pentair by 106.7% during the 3rd quarter. Ameriprise Financial Inc. now owns 3,236,826 shares of the industrial products company’s stock valued at $358,521,000 after purchasing an additional 1,670,944 shares during the period. Hsbc Holdings PLC increased its position in Pentair by 1,459.8% during the 1st quarter. Hsbc Holdings PLC now owns 1,270,578 shares of the industrial products company’s stock valued at $110,617,000 after purchasing an additional 1,189,122 shares during the period. Assenagon Asset Management S.A. increased its position in Pentair by 1,690.9% during the 4th quarter. Assenagon Asset Management S.A. now owns 729,663 shares of the industrial products company’s stock valued at $75,987,000 after purchasing an additional 688,921 shares during the period. Finally, 140 Summer Partners LP bought a new position in shares of Pentair during the 3rd quarter worth approximately $60,752,000. Institutional investors and hedge funds own 92.37% of the company’s stock.

Insiders Place Their Bets

In other Pentair news, EVP Philip M. Rolchigo sold 6,493 shares of the stock in a transaction that occurred on Wednesday, February 25th. The shares were sold at an average price of $103.22, for a total transaction of $670,207.46. Following the completion of the sale, the executive vice president owned 29,096 shares of the company’s stock, valued at approximately $3,003,289.12. This represents a 18.24% decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Corporate insiders own 1.26% of the company’s stock.

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. This represents a $1.08 dividend on an annualized basis and a yield of 1.4%. The ex-dividend date of this dividend is Friday, July 24th. Pentair’s dividend payout ratio is currently 26.47%.

Pentair Company Profile

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.