What is Zacks Research’s Estimate for Pentair Q2 Earnings?

Pentair plc (NYSE:PNR) – Equities research analysts at Zacks Research cut their Q2 2027 EPS estimates for Pentair in a note issued to investors on Thursday, June 4th. Zacks Research analyst Team now expects that the industrial products company will post earnings of $1.58 per share for the quarter, down from their prior estimate of $1.59. The consensus estimate for Pentair’s current full-year earnings is $5.35 per share.

A number of other equities research analysts also recently issued reports on the stock. TD Cowen lowered their target price on shares of Pentair from $90.00 to $75.00 and set a “sell” rating for the company in a report on Wednesday, April 29th. Robert W. Baird set a $110.00 target price on shares of Pentair in a report on Wednesday, April 29th. Seaport Research Partners lowered their target price on shares of Pentair from $130.00 to $125.00 and set a “buy” rating for the company in a report on Wednesday, April 29th. Bank of America lowered their target price on shares of Pentair from $100.00 to $88.00 and set an “underperform” rating for the company in a report on Monday, April 20th. Finally, Barclays decreased their price objective on shares of Pentair from $95.00 to $92.00 and set an “equal weight” rating for the company in a research note on Wednesday, April 29th. Ten analysts have rated the stock with a Buy rating, two have issued a Hold rating and three have assigned a Sell rating to the company’s stock. According to MarketBeat.com, the company currently has a consensus rating of “Hold” and a consensus target price of $107.86.

Pentair Price Performance

Pentair stock opened at $73.17 on Monday. Pentair has a 1 year low of $69.93 and a 1 year high of $113.95. The firm has a 50 day moving average price of $81.24 and a 200 day moving average price of $94.10. The company has a market cap of $11.83 billion, a price-to-earnings ratio of 17.93, a PEG ratio of 1.24 and a beta of 1.05. 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 (NYSE:PNR) last released its earnings results on Wednesday, April 29th. The industrial products company reported $1.22 earnings per share (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 firm had revenue of $1.04 billion during the quarter, compared to the consensus estimate of $1.03 billion. During the same period in the previous year, the firm earned $1.11 earnings per share. Pentair’s revenue was up 2.6% compared to the same quarter last year.

Institutional Investors Weigh In On Pentair

Several institutional investors have recently bought and sold shares of PNR. Sivia Capital Partners LLC purchased a new stake in Pentair during the second quarter worth approximately $222,000. American Century Companies Inc. boosted its stake in shares of Pentair by 5.8% in the second quarter. American Century Companies Inc. now owns 9,350 shares of the industrial products company’s stock valued at $960,000 after purchasing an additional 513 shares during the period. Cerity Partners LLC boosted its stake in shares of Pentair by 27.2% in the second quarter. Cerity Partners LLC now owns 53,959 shares of the industrial products company’s stock valued at $5,539,000 after purchasing an additional 11,523 shares during the period. Sei Investments Co. boosted its stake in shares of Pentair by 54.7% in the second quarter. Sei Investments Co. now owns 76,469 shares of the industrial products company’s stock valued at $7,850,000 after purchasing an additional 27,053 shares during the period. Finally, Treasurer of the State of North Carolina boosted its stake in shares of Pentair by 101.8% in the second quarter. Treasurer of the State of North Carolina now owns 338,368 shares of the industrial products company’s stock valued at $34,737,000 after purchasing an additional 170,707 shares during the period. 92.37% of the stock is currently 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. Shareholders of record on Friday, July 24th will be paid a dividend of $0.27 per share. This represents a $1.08 annualized dividend and a yield of 1.5%. The ex-dividend date is Friday, July 24th. Pentair’s payout ratio is currently 26.47%.

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.