Pentair (NYSE:PNR – Get Free Report) was downgraded by Zacks Research from a “hold” rating to a “strong sell” rating in a report released on Wednesday,Zacks.com reports. Zacks Research also issued estimates for Pentair’s Q3 2026 earnings at $1.08 EPS, Q4 2026 earnings at $1.20 EPS, FY2026 earnings at $4.63 EPS, Q1 2027 earnings at $1.30 EPS, Q2 2027 earnings at $1.25 EPS, Q3 2027 earnings at $1.27 EPS, Q4 2027 earnings at $1.37 EPS, FY2027 earnings at $5.18 EPS, Q1 2028 earnings at $1.45 EPS, Q2 2028 earnings at $1.36 EPS and FY2028 earnings at $5.74 EPS.
PNR has been the subject of several other research reports. Oppenheimer reduced their price target on shares of Pentair from $115.00 to $94.00 and set an “outperform” rating for the company in a report on Thursday, July 16th. Royal Bank Of Canada cut shares of Pentair from an “outperform” rating to a “sector perform” rating and dropped their price objective for the stock from $101.00 to $74.00 in a report on Wednesday, July 15th. Citigroup cut their price objective on shares of Pentair from $112.00 to $106.00 and set a “buy” rating on the stock in a research report on Wednesday, April 29th. TD Cowen reduced their target price on shares of Pentair from $75.00 to $65.00 and set a “sell” rating for the company in a research note on Wednesday, July 29th. Finally, Jefferies Financial Group set a $90.00 price target on shares of Pentair in a research note on Wednesday, July 15th. Eight analysts have rated the stock with a Buy rating, six have given a Hold rating and four have assigned a Sell rating to the stock. According to MarketBeat.com, the stock has an average rating of “Hold” and an average target price of $89.94.
View Our Latest Stock Report on Pentair
Pentair Stock Performance
Pentair (NYSE:PNR – Get Free Report) last posted its earnings results on Tuesday, July 28th. The industrial products company reported $1.14 EPS for the quarter, beating the consensus estimate of $1.12 by $0.02. Pentair had a return on equity of 20.62% and a net margin of 16.24%.The company had revenue of $932.60 million during the quarter, compared to analyst estimates of $943.24 million. During the same period in the prior year, the company earned $1.39 earnings per share. The business’s revenue was down 17.0% compared to the same quarter last year. Pentair has set its Q3 2026 guidance at 1.050-1.080 EPS. As a group, sell-side analysts forecast that Pentair will post 4.65 earnings per share for the current year.
Hedge Funds Weigh In On Pentair
Several large investors have recently bought and sold shares of the stock. Sivia Capital Partners LLC bought a new position in shares of Pentair in the second quarter valued at approximately $222,000. American Century Companies Inc. raised its holdings in Pentair by 5.8% during the second quarter. American Century Companies Inc. now owns 9,350 shares of the industrial products company’s stock worth $960,000 after purchasing an additional 513 shares in the last quarter. Cerity Partners LLC boosted its stake in 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 purchasing an additional 11,523 shares in the last quarter. Sei Investments Co. increased its position in shares of Pentair by 54.7% during the 2nd quarter. Sei Investments Co. now owns 76,469 shares of the industrial products company’s stock valued at $7,850,000 after purchasing an additional 27,053 shares during the period. Finally, Treasurer of the State of North Carolina raised its stake in shares of Pentair by 101.8% in 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 buying an additional 170,707 shares in the last quarter. Institutional investors and hedge funds own 92.37% of the company’s stock.
Key Stories Impacting Pentair
Here are the key news stories impacting Pentair this week:
- Positive Sentiment: Filtration demand reportedly remains stable, providing some support for Pentair’s water-solutions business and helping the shares move higher despite broader concerns about the company’s outlook. Pentair Edges Up as Filtration Demand Stays Steady
- Neutral Sentiment: Multiple law firms announced or promoted the same securities-fraud class action, with an October 2, 2026 deadline for investors to seek lead-plaintiff status. The repeated notices largely add publicity rather than representing separate lawsuits or a new company filing. Expanded Class Period Securities Fraud Class Action
- Negative Sentiment: The lawsuit allegations center on Pentair’s Pool channel inventory management. Plaintiffs claim undisclosed destocking reduced segment sales by approximately $170 million in one quarter while investors were being guided toward growth, allegedly contributing to a subsequent per-share share-price decline. The allegations have not been proven in court. PNR Securities Class Action Deadline Alert
- Negative Sentiment: Zacks Research reduced several Pentair EPS forecasts, including Q3 2026 to $1.08 from $1.34, FY2027 to $5.18 from $5.84, and FY2028 to $5.74 from $6.30. The revisions suggest weaker near- and longer-term earnings expectations, even though the FY2026 estimate of $4.63 is close to the broader $4.65 consensus. Pentair Analyst Estimates
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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