Zacks Research Comments on Pentair’s Q1 Earnings (NYSE:PNR)

Pentair plc (NYSE:PNR) – Equities research analysts at Zacks Research upped their Q1 2027 earnings per share estimates for Pentair in a note issued to investors on Friday, June 26th. Zacks Research analyst Team now forecasts that the industrial products company will earn $1.33 per share for the quarter, up from their previous estimate of $1.32. The consensus estimate for Pentair’s current full-year earnings is $5.35 per share. Zacks Research also issued estimates for Pentair’s FY2027 earnings at $5.84 EPS.

Several other research analysts have also recently commented on the stock. Barclays lowered their target price on shares of Pentair from $95.00 to $92.00 and set an “equal weight” rating on the stock in a report on Wednesday, April 29th. Wall Street Zen cut Pentair from a “buy” rating to a “hold” rating in a research note on Saturday, April 11th. Citigroup reduced their price target on Pentair from $112.00 to $106.00 and set a “buy” rating on the stock in a research report on Wednesday, April 29th. Weiss Ratings cut Pentair from a “hold (c+)” rating to a “hold (c)” rating in a report on Monday, May 11th. Finally, Robert W. Baird set a $110.00 target price on Pentair in a research report on Wednesday, April 29th. Ten equities research analysts have rated the stock with a Buy rating, two have issued a Hold rating and three have issued a Sell rating to the company. According to MarketBeat.com, the company has a consensus rating of “Hold” and an average target price of $107.86.

Pentair Price Performance

Shares of Pentair stock opened at $76.39 on Monday. The company has a quick ratio of 1.19, a current ratio of 1.88 and a debt-to-equity ratio of 0.51. The stock has a market capitalization of $12.34 billion, a price-to-earnings ratio of 18.72, a price-to-earnings-growth ratio of 1.29 and a beta of 1.05. Pentair has a twelve month low of $69.93 and a twelve month high of $113.95. The company has a 50-day simple moving average of $77.17 and a two-hundred day simple moving average of $90.88.

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

Hedge Funds Weigh In On Pentair

Institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Wexford Capital LP bought a new stake in shares of Pentair during the third quarter worth $26,000. Annis Gardner Whiting Capital Advisors LLC lifted its stake in shares of Pentair by 71.4% in the 4th quarter. Annis Gardner Whiting Capital Advisors LLC now owns 252 shares of the industrial products company’s stock valued at $26,000 after acquiring an additional 105 shares during the last quarter. Motiv8 Investments LLC bought a new position in shares of Pentair in the 4th quarter valued at $27,000. Aster Capital Management DIFC Ltd acquired a new stake in shares of Pentair during the 4th quarter valued at $43,000. Finally, Intesa Sanpaolo Wealth Management bought a new stake in Pentair during the 4th quarter worth $44,000. Institutional investors own 92.37% 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 issued a dividend of $0.27 per share. The ex-dividend date of this dividend is Friday, July 24th. This represents a $1.08 annualized dividend and a dividend yield of 1.4%. Pentair’s payout ratio is 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.