Pentair (NYSE:PNR) Updates Q3 2026 Earnings Guidance

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

Shares of NYSE PNR traded down $2.13 during trading hours on Thursday, reaching $64.46. The stock had a trading volume of 152,108 shares, compared to its average volume of 2,168,153. The firm has a 50-day moving average of $71.90 and a 200-day moving average of $85.31. The firm has a market cap of $10.42 billion, a price-to-earnings ratio of 16.27, a PEG ratio of 1.45 and a beta of 1.03. The company has a current ratio of 1.45, a quick ratio of 1.19 and a debt-to-equity ratio of 0.43. Pentair has a fifty-two week low of $57.60 and a fifty-two week high of $113.95.

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, beating analysts’ consensus estimates of $1.12 by $0.02. The company had revenue of $932.60 million during the quarter, compared to analysts’ expectations of $943.24 million. Pentair had a return on equity of 20.62% and a net margin of 16.24%.The firm’s revenue for the quarter was down 17.0% on a year-over-year basis. During the same quarter in the previous year, the business earned $1.39 earnings per share. Pentair has set its Q3 2026 guidance at 1.050-1.080 EPS. Equities research analysts predict that Pentair will post 4.67 earnings per share for the current year.

Pentair Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Friday, August 7th. Stockholders of record on Friday, July 24th will be issued a $0.27 dividend. This represents a $1.08 dividend on an annualized basis and a dividend yield of 1.7%. The ex-dividend date of this dividend is Friday, July 24th. Pentair’s dividend payout ratio is presently 26.47%.

Wall Street Analyst Weigh In

PNR has been the subject of a number of analyst reports. The Goldman Sachs Group cut their price objective on shares of Pentair from $91.00 to $72.00 and set a “neutral” rating for the company in a research report on Wednesday, July 15th. BNP Paribas Exane restated an “underperform” rating and issued a $64.00 target price (down from $75.00) on shares of Pentair in a report on Thursday, July 16th. Citigroup decreased their price target on shares of Pentair from $112.00 to $106.00 and set a “buy” rating for the company in a research report on Wednesday, April 29th. Weiss Ratings downgraded shares of Pentair from a “hold (c+)” rating to a “hold (c)” rating in a research report on Monday, May 11th. Finally, Barclays dropped their price target on Pentair from $95.00 to $92.00 and set an “equal weight” rating on the stock in a research report on Wednesday, April 29th. Eight investment analysts have rated the stock with a Buy rating, six have issued a Hold rating and three have assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company currently has an average rating of “Hold” and an average target price of $89.94.

More Pentair News

Here are the key news stories impacting Pentair this week:

• Positive Sentiment: Pentair agreed to acquire Taco Group Holdings for approximately $1.4 billion. The transaction is intended to expand Pentair’s commercial HVAC, thermal-management and data-center exposure, giving the company a potential growth avenue tied to rising infrastructure and AI-related data-center demand. Pentair reaffirms outlook, buys Taco Group in $1.4B deal to expand data center business
• Positive Sentiment: Second-quarter adjusted earnings of $1.14 per share exceeded the $1.12 consensus estimate, indicating that cost control and margins helped offset operating challenges. Robert W. Baird maintained an “outperform” rating, although it reduced its price target to $80 from $83. Why Pentair Is Spending $1.4 Billion To Ride The AI Data Center Wave
• Negative Sentiment: Revenue was $932.6 million, below the $943.2 million consensus estimate and down 17% year over year. Weakness in the Pool segment, including channel destocking, pressured results and overshadowed the earnings beat. Pentair also reduced its outlook, while current third-quarter EPS guidance of $1.05–$1.08 points to continued near-term pressure. PNR’s Q2 Earnings Beat Estimates, Revenues Miss on Pool Weakness
• Negative Sentiment: TD Cowen downgraded Pentair to “sell” and cut its price target to $65 from $75, reflecting concern that weaker demand and the lowered outlook may limit the stock’s recovery.
• Negative Sentiment: Multiple law firms, including Robbins LLP, Kirby McInerney, Bleichmar Fonti & Auld and others, announced investigations into potential securities-law violations and fiduciary-duty breaches following Pentair’s results and outlook changes. These announcements raise headline, litigation and governance risks, although they do not establish wrongdoing. Investors of Pentair plc Should Contact Robbins LLP
• Negative Sentiment: Pentair disclosed potential compliance and liability risks associated with the Taco acquisition. If these risks are underestimated, they could increase integration costs, legal exposure or future financial liabilities. Pentair’s Taco Acquisition: Hidden Compliance and Liability Risks

Institutional Inflows and Outflows

Hedge funds have recently modified their holdings of the business. Sivia Capital Partners LLC bought a new position in shares of Pentair in the 2nd quarter valued at approximately $222,000. American Century Companies Inc. raised its stake in shares of Pentair by 5.8% in the second quarter. American Century Companies Inc. now owns 9,350 shares of the industrial products company’s stock valued at $960,000 after purchasing an additional 513 shares in the last quarter. Cerity Partners LLC boosted its position in shares of Pentair by 27.2% during the 2nd quarter. Cerity Partners LLC now owns 53,959 shares of the industrial products company’s stock valued at $5,539,000 after acquiring an additional 11,523 shares in the last quarter. Sei Investments Co. boosted its stake in Pentair by 54.7% in the 2nd quarter. Sei Investments Co. now owns 76,469 shares of the industrial products company’s stock valued at $7,850,000 after buying an additional 27,053 shares in the last quarter. Finally, Treasurer of the State of North Carolina increased its position in shares of Pentair by 101.8% during the 2nd quarter. Treasurer of the State of North Carolina now owns 338,368 shares of the industrial products company’s stock worth $34,737,000 after purchasing an additional 170,707 shares in the last quarter. Institutional investors and hedge funds own 92.37% of the company’s stock.

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.