Zacks Research Issues Negative Forecast for Pentair Earnings

Key Points

• Zacks Research cut Pentair’s Q3 2026 EPS estimate to $1.06 from $1.07 and maintains a “Hold” rating. The full-year consensus EPS estimate is $4.63.
• Pentair shares opened at $55.30 and remain well below their 52-week high of $111.94; analysts’ consensus rating is “Hold,” with an average price target of $76.19.
• The company recently reported quarterly EPS of $1.14, beating estimates, but revenue fell 17% year over year to $932.6 million. Pentair also declared a quarterly dividend of $0.27 per share, representing a 2.0% yield.

Pentair plc (NYSE:PNR - Free Report) - Equities researchers at Zacks Research decreased their Q3 2026 earnings per share (EPS) estimates for shares of Pentair in a note issued to investors on Friday, October 23rd. Zacks Research analyst Team now anticipates that the industrial products company will earn $1.06 per share for the quarter, down from their previous estimate of $1.07. Zacks Research currently has a "Hold" rating on the stock. The consensus estimate for Pentair's current full-year earnings is $4.63 per share. Zacks Research also issued estimates for Pentair's FY2026 earnings at $4.62 EPS, Q1 2028 earnings at $1.40 EPS, Q2 2028 earnings at $1.29 EPS, Q3 2028 earnings at $1.34 EPS and FY2028 earnings at $5.50 EPS.

PNR has been the subject of a number of other reports. Robert W. Baird cut their price objective on Pentair from $83.00 to $80.00 and set an "outperform" rating for the company in a report on Wednesday, July 29th. Stifel Nicolaus reaffirmed a "hold" rating and issued a $65.00 target price (down from $103.00) on shares of Pentair in a report on Thursday, July 16th. Wolfe Research upgraded shares of Pentair from a "peer perform" rating to an "outperform" rating and set a $91.00 target price for the company in a research report on Tuesday, September 15th. Oppenheimer dropped their target price on shares of Pentair from $94.00 to $84.00 and set an "outperform" rating for the company in a research report on Wednesday. Finally, William Blair set a $50.00 price target on shares of Pentair in a report on Wednesday, October 14th. One research analyst has rated the stock with a Strong Buy rating, seven have issued a Buy rating, six have assigned a Hold rating and three have given a Sell rating to the company. According to MarketBeat.com, the company currently has a consensus rating of "Hold" and an average price target of $76.19.

Pentair Stock Performance

Shares of NYSE:PNR opened at $55.30 on Monday. The business's fifty day moving average price is $56.82 and its two-hundred day moving average price is $68.64. Pentair has a fifty-two week low of $51.13 and a fifty-two week high of $111.94. The stock has a market capitalization of $8.83 billion, a price-to-earnings ratio of 13.89, a price-to-earnings-growth ratio of 1.41 and a beta of 1.04. The company has a debt-to-equity ratio of 0.43, a current ratio of 1.45 and a quick ratio of 0.76.

Pentair (NYSE:PNR - Get Free Report) last posted its earnings results on Wednesday, July 29th. The industrial products company reported $1.14 EPS for the quarter, topping the consensus estimate of $1.12 by $0.02. The business had revenue of $932.60 million during the quarter, compared to the consensus estimate of $943.24 million. Pentair had a return on equity of 20.62% and a net margin of 16.24%. Pentair's revenue was down 17.0% on a year-over-year basis. During the same quarter last year, the company earned $1.39 EPS.

Hedge Funds Weigh In On Pentair

Institutional investors have recently bought and sold shares of the business. Amundi grew its holdings in shares of Pentair by 13.1% during the first quarter. Amundi now owns 4,237,659 shares of the industrial products company's stock worth $369,208,000 after purchasing an additional 491,758 shares during the last quarter. Hsbc Holdings PLC lifted 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 worth $110,617,000 after buying an additional 1,189,122 shares in the last quarter. First Trust Advisors LP lifted its position in Pentair by 52.9% during the 1st quarter. First Trust Advisors LP now owns 1,215,064 shares of the industrial products company's stock worth $105,844,000 after buying an additional 420,140 shares in the last quarter. California Public Employees Retirement System grew its holdings in Pentair by 57.2% during the 1st quarter. California Public Employees Retirement System now owns 503,272 shares of the industrial products company's stock worth $43,840,000 after acquiring an additional 183,089 shares during the last quarter. Finally, Swiss National Bank grew its holdings in Pentair by 7.1% during the 1st quarter. Swiss National Bank now owns 480,287 shares of the industrial products company's stock worth $41,838,000 after acquiring an additional 31,900 shares during the last quarter. Institutional investors own 92.37% of the company's stock.

Pentair Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Friday, November 6th. Investors of record on Friday, October 23rd will be issued a dividend of $0.27 per share. This represents a $1.08 dividend on an annualized basis and a yield of 2.0%. The ex-dividend date of this dividend is Friday, October 23rd. Pentair's dividend payout ratio (DPR) is currently 27.14%.

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.

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