Zacks Research Has Positive Outlook for Pentair Q1 Earnings

Pentair plc (NYSE:PNRFree Report) – Zacks Research upped their Q1 2027 earnings estimates for Pentair in a report released on Thursday, June 4th. Zacks Research analyst Team now anticipates that the industrial products company will post earnings per share of $1.32 for the quarter, up from their prior estimate of $1.30. The consensus estimate for Pentair’s current full-year earnings is $5.35 per share. Zacks Research also issued estimates for Pentair’s Q3 2027 earnings at $1.44 EPS, Q1 2028 earnings at $1.50 EPS and FY2028 earnings at $6.31 EPS.

Pentair (NYSE:PNRGet Free Report) last posted its quarterly earnings results on Wednesday, April 29th. The industrial products company reported $1.22 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.17 by $0.05. The business had revenue of $1.04 billion during the quarter, compared to analysts’ expectations of $1.03 billion. Pentair had a net margin of 15.98% and a return on equity of 21.92%. The business’s quarterly revenue was up 2.6% on a year-over-year basis. During the same quarter last year, the company posted $1.11 earnings per share.

A number of other research firms have also recently issued reports on PNR. Robert W. Baird set a $110.00 price target on shares of Pentair in a report on Wednesday, April 29th. Oppenheimer decreased their price target on shares of Pentair from $122.00 to $115.00 and set an “outperform” rating for the company in a report on Wednesday, April 29th. Stifel Nicolaus decreased their price target on shares of Pentair from $110.00 to $103.00 and set a “buy” rating for the company in a report on Wednesday, April 29th. Royal Bank Of Canada decreased their price target on shares of Pentair from $107.00 to $101.00 and set an “outperform” rating for the company in a report on Wednesday, April 29th. Finally, Jefferies Financial Group reaffirmed a “buy” rating and issued a $125.00 price objective (down from $135.00) on shares of Pentair in a report on Tuesday, March 31st. Ten research analysts have rated the stock with a Buy rating, two have assigned a Hold rating and three have assigned a Sell rating to the company. According to MarketBeat.com, the stock presently has an average rating of “Hold” and an average target price of $107.86.

Read Our Latest Analysis on PNR

Pentair Trading Up 1.9%

NYSE PNR opened at $72.83 on Friday. The company has a fifty day simple moving average of $81.53 and a two-hundred day simple moving average of $94.30. The stock has a market cap of $11.77 billion, a P/E ratio of 17.85, a P/E/G ratio of 1.21 and a beta of 1.05. Pentair has a 12-month low of $69.93 and a 12-month high of $113.95. The company has a current ratio of 1.88, a quick ratio of 1.19 and a debt-to-equity ratio of 0.51.

Institutional Trading of Pentair

Several large investors have recently made changes to their positions in the business. Groupama Asset Managment boosted its holdings in shares of Pentair by 60.1% in the 1st quarter. Groupama Asset Managment now owns 6,220 shares of the industrial products company’s stock valued at $542,000 after acquiring an additional 2,334 shares during the last quarter. FinArc Investments Inc. purchased a new stake in shares of Pentair in the 1st quarter valued at $2,523,000. Amundi boosted its holdings in shares of Pentair by 13.1% in the 1st quarter. Amundi now owns 4,237,659 shares of the industrial products company’s stock valued at $369,208,000 after acquiring an additional 491,758 shares during the last quarter. Empowered Funds LLC boosted its holdings in shares of Pentair by 7.1% in the 1st quarter. Empowered Funds LLC now owns 6,506 shares of the industrial products company’s stock valued at $567,000 after acquiring an additional 434 shares during the last quarter. Finally, OMERS ADMINISTRATION Corp lifted its stake in shares of Pentair by 16.9% in the 1st quarter. OMERS ADMINISTRATION Corp now owns 30,332 shares of the industrial products company’s stock valued at $2,642,000 after purchasing an additional 4,374 shares during the period. 92.37% of the stock is owned by hedge funds and other institutional investors.

Pentair Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, August 7th. Stockholders of record on Friday, July 24th will be issued a $0.27 dividend. This represents a $1.08 annualized dividend and a dividend yield of 1.5%. The ex-dividend date of this dividend is Friday, July 24th. Pentair’s dividend payout ratio is 26.47%.

Pentair Company Profile

(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

Earnings History and Estimates for Pentair (NYSE:PNR)

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