Zacks Research Has Optimistic Opinion of Pentair Q1 Earnings

Pentair plc (NYSE:PNR – Free Report) – Equities research analysts at Zacks Research increased their Q1 2027 earnings per share estimates for shares of Pentair in a research report issued to clients and investors on Friday, October 23rd. Zacks Research analyst Team now forecasts that the industrial products company will earn $1.31 per share for the quarter, up from their prior estimate of $1.29. Zacks Research has a “Hold” rating on the stock. The consensus estimate for Pentair’s current full-year earnings is $4.63 per share. Zacks Research also issued estimates for Pentair’s Q2 2027 earnings at $1.21 EPS, Q4 2027 earnings at $1.37 EPS and FY2027 earnings at $5.12 EPS.

Pentair (NYSE:PNR – Get Free Report) last posted its quarterly earnings data on Tuesday, October 27th. The industrial products company reported $1.18 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.07 by $0.11. The business had revenue of $976.40 million during the quarter, compared to the consensus estimate of $963.71 million. Pentair had a return on equity of 20.62% and a net margin of 16.24%.

A number of other brokerages have also commented on PNR. Wolfe Research raised shares of Pentair from a “peer perform” rating to an “outperform” rating and set a $91.00 price objective on the stock in a research report on Tuesday, September 15th. Oppenheimer lowered their price target on shares of Pentair from $94.00 to $84.00 and set an “outperform” rating on the stock in a research note on Wednesday, October 21st. William Blair set a $50.00 price target on shares of Pentair in a research report on Wednesday, October 14th. Citigroup reduced their price objective on shares of Pentair from $85.00 to $69.00 and set a “buy” rating for the company in a research note on Monday, October 12th. Finally, Royal Bank Of Canada reduced their price objective on shares of Pentair from $73.00 to $61.00 and set a “sector perform” rating for the company in a research note on Wednesday, October 14th. One research analyst has rated the stock with a Strong Buy rating, seven have assigned a Buy rating, six have given a Hold rating and three have issued a Sell rating to the company’s stock. According to MarketBeat.com, Pentair has a consensus rating of “Hold” and a consensus target price of $76.19.

View Our Latest Analysis on PNR

Pentair Price Performance

Shares of PNR opened at $55.23 on Tuesday. The stock has a market capitalization of $8.82 billion, a P/E ratio of 13.88, a P/E/G ratio of 1.41 and a beta of 1.04. Pentair has a twelve month low of $51.13 and a twelve month high of $110.90. The company has a 50 day moving average of $56.72 and a 200-day moving average of $77.20. The company has a quick ratio of 0.76, a current ratio of 1.45 and a debt-to-equity ratio of 0.43.

Pentair Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Friday, November 6th. Investors of record on Friday, October 23rd will be paid a $0.27 dividend. The ex-dividend date of this dividend is Friday, October 23rd. This represents a $1.08 annualized dividend and a dividend yield of 2.0%. Pentair’s dividend payout ratio (DPR) is currently 27.14%.

Institutional Trading of Pentair

Several institutional investors and hedge funds have recently added to or reduced their stakes in PNR. Revisor Wealth Management LLC grew its position in shares of Pentair by 3.4% during the 1st quarter. Revisor Wealth Management LLC now owns 5,520 shares of the industrial products company’s stock worth $481,000 after buying an additional 184 shares in the last quarter. Inspire Investing LLC raised its holdings in shares of Pentair by 7.1% in the first quarter. Inspire Investing LLC now owns 2,825 shares of the industrial products company’s stock valued at $246,000 after acquiring an additional 188 shares in the last quarter. CI Investments Inc. raised its holdings in shares of Pentair by 8.5% in the first quarter. CI Investments Inc. now owns 2,657 shares of the industrial products company’s stock valued at $231,000 after acquiring an additional 209 shares in the last quarter. Patton Fund Management Inc. lifted its stake in Pentair by 10.9% in the first quarter. Patton Fund Management Inc. now owns 2,427 shares of the industrial products company’s stock worth $211,000 after acquiring an additional 238 shares during the period. Finally, Fifth Third Bancorp lifted its stake in Pentair by 8.4% in the first quarter. Fifth Third Bancorp now owns 3,502 shares of the industrial products company’s stock worth $305,000 after acquiring an additional 271 shares during the period. 92.37% of the stock is owned by institutional investors.

About Pentair

(Get Free Report)

Pentair plc (NYSE: PNR) is a water treatment and management company that designs and manufactures products and systems for residential, commercial, industrial, and recreational applications. Its offerings include water filtration, softening, and purification systems; pumps, valves, controls, and related equipment; and solutions that help customers manage water quality, flow, and conservation.

The company also serves the swimming pool and spa market through equipment such as pumps, filters, heaters, lighting, automation systems, and water-treatment products.

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Earnings History and Estimates for Pentair (NYSE:PNR)

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