What is Zacks Research's Forecast for Pentair Q3 Earnings?

Key Points

• Zacks Research has increased its Q3 2026 earnings per share estimate for Pentair from $1.30 to $1.32, with a full-year earnings consensus of $4.77 per share.
• Pentair reported earnings of $1.39 per share for the last quarter, surpassing analysts' estimates by $0.06 and showing a revenue growth of 2.2% year-over-year.
• Analysts have raised their target prices for Pentair, with many upgrading their ratings, resulting in a consensus price target of $114.36.

Pentair plc (NYSE:PNR - Free Report) - Investment analysts at Zacks Research lifted their Q3 2026 earnings estimates for Pentair in a report issued on Tuesday, August 5th. Zacks Research analyst M. Das now forecasts that the industrial products company will post earnings of $1.32 per share for the quarter, up from their previous estimate of $1.30. The consensus estimate for Pentair's current full-year earnings is $4.77 per share.

Several other brokerages also recently weighed in on PNR. Royal Bank Of Canada raised their target price on shares of Pentair from $99.00 to $101.00 and gave the company an "outperform" rating in a research note on Wednesday, April 23rd. UBS Group lowered their price objective on Pentair from $115.00 to $110.00 and set a "buy" rating for the company in a research report on Wednesday, April 23rd. Barclays raised their price target on Pentair from $116.00 to $117.00 and gave the stock an "overweight" rating in a report on Wednesday, July 23rd. Stifel Nicolaus raised their price target on Pentair from $104.00 to $124.00 and gave the stock a "buy" rating in a report on Monday, July 21st. Finally, TD Cowen cut shares of Pentair from a "buy" rating to a "hold" rating and lowered their target price for the stock from $115.00 to $110.00 in a research note on Wednesday, July 23rd. One analyst has rated the stock with a sell rating, three have issued a hold rating, eleven have assigned a buy rating and two have assigned a strong buy rating to the company. Based on data from MarketBeat.com, Pentair presently has a consensus rating of "Moderate Buy" and an average price target of $114.36.

Pentair Stock Up 0.7%

NYSE PNR traded up $0.68 during midday trading on Thursday, hitting $102.74. 1,146,621 shares of the company traded hands, compared to its average volume of 2,013,114. The company has a debt-to-equity ratio of 0.38, a current ratio of 1.45 and a quick ratio of 0.84. The company has a market cap of $16.84 billion, a PE ratio of 28.07, a price-to-earnings-growth ratio of 1.96 and a beta of 1.07. The company's 50-day simple moving average is $102.35 and its 200-day simple moving average is $95.58. Pentair has a 52 week low of $74.25 and a 52 week high of $110.71.

Pentair (NYSE:PNR - Get Free Report) last released its earnings results on Tuesday, July 22nd. The industrial products company reported $1.39 EPS for the quarter, beating analysts' consensus estimates of $1.33 by $0.06. Pentair had a return on equity of 21.62% and a net margin of 14.86%. The firm had revenue of $1.12 billion for the quarter, compared to analysts' expectations of $1.12 billion. During the same quarter in the prior year, the firm posted $1.22 earnings per share. The company's quarterly revenue was up 2.2% on a year-over-year basis.

Hedge Funds Weigh In On Pentair

Several hedge funds and other institutional investors have recently modified their holdings of the company. Parvin Asset Management LLC acquired a new stake in Pentair in the fourth quarter worth approximately $25,000. Opal Wealth Advisors LLC acquired a new stake in shares of Pentair in the first quarter valued at $28,000. NBC Securities Inc. acquired a new stake in shares of Pentair in the first quarter valued at $33,000. Colonial Trust Co SC lifted its holdings in shares of Pentair by 230.8% in the fourth quarter. Colonial Trust Co SC now owns 344 shares of the industrial products company's stock valued at $35,000 after buying an additional 240 shares during the period. Finally, First Horizon Advisors Inc. lifted its holdings in shares of Pentair by 105.4% in the second quarter. First Horizon Advisors Inc. now owns 345 shares of the industrial products company's stock valued at $35,000 after buying an additional 177 shares during the period. Institutional investors and hedge funds own 92.37% of the company's stock.

Pentair Company Profile

Pentair plc provides various water solutions in the United States, Western Europe, China, Eastern Europe, Latin America, the Middle East, Southeast Asia, Australia, Canada, and Japan. The company operates through three segments: Flow, Water Solutions, and Pool. The Flow segment designs, manufactures, and sells fluid treatment and pump products and systems, including pressure vessels, gas recovery solutions, membrane bioreactors, wastewater reuse systems and advanced membrane filtration, separation systems, water disposal pumps, water supply pumps, fluid transfer pumps, turbine pumps, solid handling pumps, and agricultural spray nozzles for fluid delivery, ion exchange, desalination, food and beverage, separation technologies in the oil and gas industry, residential and municipal wells, water treatment, wastewater solids handling, pressure boosting, circulation and transfer, fire suppression, flood control, agricultural irrigation, and crop spray in residential, commercial, and industrial markets.