
Pentair plc (NYSE:PNR – Free Report) – Analysts at Zacks Research lifted their FY2028 earnings estimates for shares of Pentair in a research report issued on Tuesday, May 12th. Zacks Research analyst Team now expects that the industrial products company will post earnings of $6.26 per share for the year, up from their prior forecast of $6.14. The consensus estimate for Pentair’s current full-year earnings is $5.36 per share.
PNR has been the topic of a number of other reports. Wall Street Zen lowered shares of Pentair from a “buy” rating to a “hold” rating in a research note on Saturday, April 11th. Citigroup reduced their price objective on shares of Pentair from $112.00 to $106.00 and set a “buy” rating on the stock in a research note on Wednesday, April 29th. Jefferies Financial Group reissued a “buy” rating and set a $125.00 target price (down from $135.00) on shares of Pentair in a research note on Tuesday, March 31st. Barclays cut their target price on shares of Pentair from $95.00 to $92.00 and set an “equal weight” rating on the stock in a research note on Wednesday, April 29th. Finally, Weiss Ratings lowered shares of Pentair from a “hold (c+)” rating to a “hold (c)” rating in a research note on Monday. Ten investment analysts have rated the stock with a Buy rating, two have assigned a Hold rating and three have issued a Sell rating to the company. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Hold” and an average target price of $107.86.
Pentair Trading Down 2.2%
NYSE:PNR opened at $73.64 on Thursday. The firm’s fifty day moving average is $87.21 and its 200-day moving average is $98.21. The company has a debt-to-equity ratio of 0.51, a quick ratio of 1.19 and a current ratio of 1.88. Pentair has a 52 week low of $73.46 and a 52 week high of $113.95. The firm has a market cap of $11.90 billion, a P/E ratio of 18.05, a P/E/G ratio of 1.27 and a beta of 1.10.
Pentair (NYSE:PNR – Get Free Report) last posted its quarterly earnings data on Wednesday, April 29th. The industrial products company reported $1.22 EPS for the quarter, beating analysts’ consensus estimates of $1.17 by $0.05. Pentair had a net margin of 15.98% and a return on equity of 21.92%. The company had revenue of $1.04 billion for the quarter, compared to analyst estimates of $1.03 billion. During the same period in the prior year, the firm posted $1.11 EPS. The company’s quarterly revenue was up 2.6% on a year-over-year basis.
Hedge Funds Weigh In On Pentair
A number of institutional investors and hedge funds have recently added to or reduced their stakes in PNR. Ameriprise Financial Inc. boosted its position in Pentair by 106.7% during the third quarter. Ameriprise Financial Inc. now owns 3,236,826 shares of the industrial products company’s stock worth $358,521,000 after purchasing an additional 1,670,944 shares during the period. Hsbc Holdings PLC boosted its position in Pentair by 1,459.8% during the first quarter. Hsbc Holdings PLC now owns 1,270,578 shares of the industrial products company’s stock worth $110,617,000 after purchasing an additional 1,189,122 shares during the period. Assenagon Asset Management S.A. boosted its position in Pentair by 1,690.9% during the fourth quarter. Assenagon Asset Management S.A. now owns 729,663 shares of the industrial products company’s stock worth $75,987,000 after purchasing an additional 688,921 shares during the period. Nordea Investment Management AB raised its stake in shares of Pentair by 22.8% during the 4th quarter. Nordea Investment Management AB now owns 3,484,915 shares of the industrial products company’s stock valued at $366,787,000 after purchasing an additional 647,162 shares during the period. Finally, 140 Summer Partners LP bought a new stake in shares of Pentair during the 3rd quarter valued at $60,752,000. Institutional investors own 92.37% of the company’s stock.
Insiders Place Their Bets
In related news, EVP Philip M. Rolchigo sold 6,493 shares of the stock in a transaction dated Wednesday, February 25th. The shares were sold at an average price of $103.22, for a total transaction of $670,207.46. Following the completion of the transaction, the executive vice president owned 29,096 shares in the company, valued at approximately $3,003,289.12. This represents a 18.24% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Insiders own 1.26% of the company’s stock.
Pentair Announces Dividend
The business also recently declared a quarterly dividend, which will be paid on Friday, August 7th. Investors of record on Friday, July 24th will be given a dividend of $0.27 per share. The ex-dividend date is Friday, July 24th. This represents a $1.08 annualized dividend and a yield of 1.5%. Pentair’s dividend payout ratio is presently 26.47%.
Key Pentair News
Here are the key news stories impacting Pentair this week:
- Positive Sentiment: Zacks Research increased FY2026 EPS estimates to $5.35 and lifted FY2027 EPS to $5.83, indicating stronger earnings expectations ahead.
- Positive Sentiment: Analysts also raised near- and medium-term quarterly forecasts, including Q1 2027, Q2 2027, and Q1 2028, reinforcing a constructive outlook for Pentair’s business.
- Neutral Sentiment: Separately, Pentair’s average analyst recommendation remains “Hold,” which suggests Wall Street is not broadly turning more bullish despite the estimate increases. Pentair plc Given Average Recommendation of “Hold” by Analysts
- Neutral Sentiment: There was also a small cut to Zacks’ Q3 2026 EPS estimate, showing that not all forecast revisions were positive.
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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