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

Pentair plc (NYSE:PNR) – Analysts at Zacks Research dropped their Q3 2026 earnings per share estimates for shares of Pentair in a research note issued to investors on Tuesday, August 11th. Zacks Research analyst Team now expects that the industrial products company will post earnings per share of $1.08 for the quarter, down from their prior forecast of $1.34. The consensus estimate for Pentair’s current full-year earnings is $4.65 per share. Zacks Research also issued estimates for Pentair’s FY2026 earnings at $4.63 EPS, Q1 2027 earnings at $1.30 EPS, Q2 2027 earnings at $1.25 EPS, FY2027 earnings at $5.18 EPS, Q1 2028 earnings at $1.45 EPS, Q2 2028 earnings at $1.36 EPS and FY2028 earnings at $5.74 EPS.

A number of other analysts have also issued reports on PNR. Oppenheimer reduced their target price on Pentair from $115.00 to $94.00 and set an “outperform” rating for the company in a report on Thursday, July 16th. Barclays reduced their price objective on Pentair from $95.00 to $92.00 and set an “equal weight” rating for the company in a research note on Wednesday, April 29th. BNP Paribas Exane restated an “underperform” rating and set a $64.00 price objective (down from $75.00) on shares of Pentair in a research report on Thursday, July 16th. Mizuho dropped their target price on Pentair from $100.00 to $85.00 and set an “outperform” rating on the stock in a report on Tuesday, July 21st. Finally, Wolfe Research cut shares of Pentair from an “outperform” rating to a “peer perform” rating in a report on Thursday, July 9th. Eight equities research analysts have rated the stock with a Buy rating, six have given a Hold rating and three have given a Sell rating to the stock. According to MarketBeat.com, the stock presently has an average rating of “Hold” and an average price target of $89.94.

Pentair Stock Down 2.1%

PNR stock opened at $65.76 on Thursday. The company’s 50 day simple moving average is $70.87 and its 200-day simple moving average is $82.63. Pentair has a 52-week low of $57.60 and a 52-week high of $113.95. The company has a debt-to-equity ratio of 0.43, a current ratio of 1.45 and a quick ratio of 0.76. The firm has a market capitalization of $10.50 billion, a P/E ratio of 16.52, a P/E/G ratio of 1.53 and a beta of 1.04.

Pentair (NYSE:PNR) last posted its quarterly earnings data on Tuesday, July 28th. The industrial products company reported $1.14 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.12 by $0.02. Pentair had a return on equity of 20.62% and a net margin of 16.24%.The firm had revenue of $932.60 million for the quarter, compared to the consensus estimate of $943.24 million. During the same quarter in the previous year, the company earned $1.39 EPS. The business’s revenue for the quarter was down 17.0% compared to the same quarter last year. Pentair has set its Q3 2026 guidance at 1.050-1.080 EPS.

Hedge Funds Weigh In On Pentair

Hedge funds have recently bought and sold shares of the business. Robeco Institutional Asset Management B.V. increased its holdings in shares of Pentair by 384.6% during the 4th quarter. Robeco Institutional Asset Management B.V. now owns 75,506 shares of the industrial products company’s stock valued at $7,863,000 after acquiring an additional 59,924 shares during the last quarter. Handelsbanken Fonder AB grew its holdings in Pentair by 77.7% during the fourth quarter. Handelsbanken Fonder AB now owns 181,061 shares of the industrial products company’s stock valued at $18,856,000 after purchasing an additional 79,197 shares during the last quarter. Zurcher Kantonalbank Zurich Cantonalbank grew its holdings in Pentair by 39.9% during the fourth quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 594,222 shares of the industrial products company’s stock valued at $61,882,000 after purchasing an additional 169,410 shares during the last quarter. Fideuram Intesa Sanpaolo Private Banking S.P.A. bought a new position in shares of Pentair in the fourth quarter valued at approximately $10,099,000. Finally, M&T Bank Corp lifted its stake in shares of Pentair by 130.7% in the fourth quarter. M&T Bank Corp now owns 67,040 shares of the industrial products company’s stock worth $6,982,000 after buying an additional 37,981 shares during the last quarter. 92.37% of the stock is owned by institutional investors and hedge funds.

Key Headlines Impacting Pentair

Here are the key news stories impacting Pentair this week:

• Negative Sentiment: Zacks Research cut multiple future earnings estimates. Its Q3 2026 EPS forecast was reduced to $1.08 from $1.34, while FY2027 EPS fell to $5.18 from $5.84 and FY2028 EPS to $5.74 from $6.30. The revisions suggest analysts expect a weaker earnings trajectory than previously anticipated. Pentair analyst estimate revisions
• Negative Sentiment: Near-term estimates also moved lower. Zacks now projects FY2026 EPS of $4.63, slightly below the $4.65 consensus, and reduced forecasts for Q4 2026, Q1 and Q2 2027, Q3 and Q4 2027, and Q1 and Q2 2028. These cuts reinforce concerns about the pace of recovery and future demand. Pentair Zacks Research forecasts
• Negative Sentiment: Shareholder litigation adds legal and reputational risk. Several law firms announced or promoted a securities-fraud class action against Pentair and certain executives. The allegations relate to undisclosed pool-channel destocking and inventory issues that allegedly preceded a sharp stock decline and the departure of Pentair’s CFO; the claims have not been proven. Investors covered by the relevant class periods generally face an October 2, 2026 lead-plaintiff deadline. Pentair securities-fraud lawsuit

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.