Pentair plc (NYSE:PNR - Get Free Report)'s stock price hit a new 52-week low during trading on Wednesday . The stock traded as low as $57.52 and last traded at $57.6090, with a volume of 63941 shares trading hands. The stock had previously closed at $58.62.
Key Headlines Impacting Pentair
Here are the key news stories impacting Pentair this week:
- Neutral Sentiment: Several law firms reminded investors that October 2, 2026 is the deadline to seek lead-plaintiff status in the securities class action. The notices primarily repeat information about investor rights and do not represent new operating developments. Rosen investor notice
- Negative Sentiment: The lawsuit alleges Pentair made materially false or misleading statements, or failed to disclose, that inventory destocking in its Pool distribution channel was adversely affecting sales and operating income. The allegations have not been proven. Holzer investor alert
- Negative Sentiment: Investor notices point to a sharp change in 2026 expectations: Pentair reportedly moved from projecting 2%–4% sales growth and adjusted EPS of $5.30–$5.40 to forecasting a 4%–7% sales decline and adjusted EPS of $4.60–$4.80 after the Pool-channel weakness emerged. Pentair guidance alert
- Negative Sentiment: The legal campaign follows a reported roughly 15% share-price plunge tied to the destocking disclosure, adding potential litigation costs, reputational risk and uncertainty over when Pool demand and channel inventories will normalize. Pentair shares plunge report
Analysts Set New Price Targets
A number of analysts have recently commented on the company. Mizuho cut their price target on Pentair from $100.00 to $85.00 and set an "outperform" rating on the stock in a research note on Tuesday, July 21st. Seaport Research Partners lowered shares of Pentair from a "buy" rating to a "neutral" rating in a report on Wednesday, July 15th. Stifel Nicolaus reiterated a "hold" rating and set a $65.00 target price (down from $103.00) on shares of Pentair in a research report on Thursday, July 16th. The Goldman Sachs Group reduced their target price on shares of Pentair from $91.00 to $72.00 and set a "neutral" rating on the stock in a report on Wednesday, July 15th. Finally, Weiss Ratings cut shares of Pentair from a "hold (c)" rating to a "hold (c-)" rating in a research report on Monday, August 3rd. Eight analysts have rated the stock with a Buy rating, six have given a Hold rating and four have issued a Sell rating to the company. According to MarketBeat.com, the company presently has a consensus rating of "Hold" and a consensus price target of $89.94.
Read Our Latest Analysis on PNR
Pentair Trading Down 1.3%
The firm's 50-day moving average price is $66.41 and its 200 day moving average price is $77.40. The company has a market cap of $9.24 billion, a price-to-earnings ratio of 14.51, a P/E/G ratio of 1.54 and a beta of 1.02. The company has a current ratio of 1.45, a quick ratio of 0.76 and a debt-to-equity ratio of 0.43.
Pentair (NYSE:PNR - Get Free Report) last announced its earnings results on Wednesday, July 29th. The industrial products company reported $1.14 earnings per share for the quarter, topping analysts' consensus estimates of $1.12 by $0.02. Pentair had a return on equity of 20.62% and a net margin of 16.24%.The firm had revenue of $932.60 million for the quarter, compared to the consensus estimate of $943.24 million. During the same quarter in the previous year, the business earned $1.39 EPS. The company's revenue was down 17.0% compared to the same quarter last year. As a group, equities analysts expect that Pentair plc will post 4.64 EPS for the current year.
Institutional Investors Weigh In On Pentair
Several institutional investors have recently added to or reduced their stakes in PNR. Annis Gardner Whiting Capital Advisors LLC increased its stake in shares of Pentair by 71.4% in the fourth quarter. Annis Gardner Whiting Capital Advisors LLC now owns 252 shares of the industrial products company's stock worth $26,000 after purchasing an additional 105 shares in the last quarter. Wexford Capital LP bought a new position in Pentair in the 3rd quarter worth approximately $26,000. Motiv8 Investments LLC bought a new stake in Pentair during the 4th quarter valued at $27,000. Tsfg LLC bought a new stake in Pentair during the 2nd quarter valued at $37,000. Finally, Sound Financial Strategies Group LLC purchased a new stake in shares of Pentair during the second quarter worth $38,000. 92.37% of the stock is owned by hedge funds and other institutional investors.
About Pentair
(
Get Free Report)
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.
See Also
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