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

Pentair plc (NYSE:PNR) – Equities researchers at Zacks Research lowered their Q3 2026 earnings estimates for Pentair in a report issued on Friday, August 14th. Zacks Research analyst Team now forecasts that the industrial products company will post earnings per share of $1.07 for the quarter, down from their prior forecast of $1.08. Zacks Research currently has a “Strong Sell” rating on the stock. The consensus estimate for Pentair’s current full-year earnings is $4.65 per share. Zacks Research also issued estimates for Pentair’s Q1 2027 earnings at $1.29 EPS, Q2 2027 earnings at $1.24 EPS, Q3 2027 earnings at $1.24 EPS, Q4 2027 earnings at $1.34 EPS, FY2027 earnings at $5.11 EPS, Q1 2028 earnings at $1.43 EPS, Q2 2028 earnings at $1.34 EPS and FY2028 earnings at $5.65 EPS.

Pentair (NYSE:PNR) last released 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. The firm 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%.The firm’s revenue for the quarter was down 17.0% compared to the same quarter last year. During the same period in the prior year, the firm posted $1.39 earnings per share.

A number of other research firms have also issued reports on PNR. Robert W. Baird lowered their target price on Pentair from $83.00 to $80.00 and set an “outperform” rating on the stock in a report on Wednesday, July 29th. Stifel Nicolaus reissued a “hold” rating and issued a $65.00 price target (down from $103.00) on shares of Pentair in a report on Thursday, July 16th. Mizuho reduced their price objective on shares of Pentair from $100.00 to $85.00 and set an “outperform” rating for the company in a research report on Tuesday, July 21st. TD Cowen lowered their price objective on shares of Pentair from $75.00 to $65.00 and set a “sell” rating on the stock in a research note on Wednesday, July 29th. Finally, BNP Paribas Exane reiterated an “underperform” rating and issued a $64.00 target price (down from $75.00) on shares of Pentair in a report on Thursday, July 16th. Eight equities research analysts have rated the stock with a Buy rating, six have issued a Hold rating and four have issued a Sell rating to the company’s stock. Based on data from MarketBeat, the company currently has a consensus rating of “Hold” and an average price target of $89.94.

Pentair Stock Down 0.7%

PNR opened at $63.66 on Monday. The company has a debt-to-equity ratio of 0.43, a quick ratio of 0.76 and a current ratio of 1.45. The company has a market capitalization of $10.16 billion, a PE ratio of 15.99, a P/E/G ratio of 1.51 and a beta of 1.04. The stock’s fifty day moving average is $70.22 and its 200-day moving average is $81.45. Pentair has a one year low of $57.60 and a one year high of $113.95.

Hedge Funds Weigh In On Pentair

Hedge funds have recently modified their holdings of the stock. Hsbc Holdings PLC boosted its stake in Pentair by 1,459.8% in the 1st 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. Amundi raised its stake in Pentair by 13.1% during the 1st quarter. Amundi now owns 4,237,659 shares of the industrial products company’s stock valued at $369,208,000 after purchasing an additional 491,758 shares during the period. AQR Capital Management LLC lifted its holdings in shares of Pentair by 43.0% in the third quarter. AQR Capital Management LLC now owns 1,472,500 shares of the industrial products company’s stock valued at $161,754,000 after purchasing an additional 442,534 shares in the last quarter. Morgan Stanley lifted its holdings in shares of Pentair by 21.7% in the fourth quarter. Morgan Stanley now owns 2,474,549 shares of the industrial products company’s stock valued at $257,700,000 after purchasing an additional 441,878 shares in the last quarter. Finally, Squarepoint Ops LLC boosted its position in shares of Pentair by 210.8% in the fourth quarter. Squarepoint Ops LLC now owns 640,803 shares of the industrial products company’s stock worth $66,733,000 after buying an additional 434,657 shares during the period. 92.37% of the stock is currently owned by institutional investors and hedge funds.

Key Pentair News

Here are the key news stories impacting Pentair this week:

• Positive Sentiment: Some Wall Street analysts remain moderately optimistic, citing Pentair’s history of earnings beats and potential upside to current price targets. However, this support is being offset by deteriorating near-term fundamentals. Do Wall Street Analysts Like Pentair Stock?
• Neutral Sentiment: Multiple law firms are soliciting investors to serve as lead plaintiffs in a securities class action. The reported lead-plaintiff deadline is October 2, 2026, for investors who purchased Pentair securities during periods generally spanning April 28 through July 14, 2026; some notices cite an expanded period beginning March 11, 2025. These announcements do not establish wrongdoing or guarantee investor recovery. Rosen Pentair Securities Class Action Notice
• Negative Sentiment: The central allegation is that Pentair failed to disclose weakening Pool-channel conditions and destocking before revising its outlook. According to the notices, management moved from projected 2026 sales growth of 2%–4% and adjusted EPS of $5.30–$5.40 to an expected sales decline of 4%–7% and adjusted EPS of $4.60–$4.80. The resulting earnings risk and potential litigation liability are the primary reasons for the stock’s decline. Pentair Shares Plunge After Pool Channel Destocking
• Negative Sentiment: Zacks also issued a bearish forecast for Pentair’s third-quarter earnings, adding to concerns that the demand slowdown may continue beyond the immediate guidance reset. Zacks Research Has Bearish Forecast for Pentair Q3 Earnings

Pentair Company Profile

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.