Pentair (NYSE:PNR) Price Target Cut to $94.00 by Analysts at Oppenheimer

Pentair (NYSE:PNR) had its price target decreased by equities research analysts at Oppenheimer from $115.00 to $94.00 in a note issued to investors on Thursday,Benzinga reports. The firm currently has an “outperform” rating on the industrial products company’s stock. Oppenheimer’s price objective would suggest a potential upside of 44.85% from the stock’s current price.

A number of other research firms have also recently weighed in on PNR. Weiss Ratings cut shares of Pentair from a “hold (c+)” rating to a “hold (c)” rating in a research report on Monday, May 11th. Seaport Research Partners cut Pentair from a “buy” rating to a “neutral” rating in a research note on Wednesday. The Goldman Sachs Group set a $72.00 price target on Pentair in a report on Wednesday. Jefferies Financial Group set a $90.00 price objective on Pentair in a research note on Wednesday. Finally, Royal Bank Of Canada lowered Pentair from an “outperform” rating to a “sector perform” rating and cut their target price for the company from $101.00 to $74.00 in a research report on Wednesday. Seven research analysts have rated the stock with a Buy rating, five have assigned a Hold rating and three have assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, the company has a consensus rating of “Hold” and a consensus price target of $95.60.

Pentair Stock Up 0.9%

Shares of PNR traded up $0.56 during mid-day trading on Thursday, reaching $64.89. 1,608,562 shares of the stock traded hands, compared to its average volume of 2,053,802. The stock has a fifty day simple moving average of $74.12 and a 200 day simple moving average of $88.16. Pentair has a 12-month low of $57.60 and a 12-month high of $113.95. 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 firm has a market cap of $10.49 billion, a price-to-earnings ratio of 15.93, a P/E/G ratio of 1.28 and a beta of 1.03.

Pentair (NYSE:PNR) last announced its earnings results on Wednesday, April 29th. The industrial products company reported $1.22 earnings per share for the quarter, beating the consensus estimate of $1.17 by $0.05. The business had revenue of $1.04 billion during the quarter, compared to the consensus estimate of $1.03 billion. Pentair had a net margin of 15.98% and a return on equity of 21.92%. The business’s quarterly revenue was up 2.6% compared to the same quarter last year. During the same period in the prior year, the firm earned $1.11 earnings per share. Sell-side analysts expect that Pentair will post 5.35 EPS for the current fiscal year.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently modified their holdings of the business. Handelsbanken Fonder AB raised its stake in Pentair by 10.2% during the second quarter. Handelsbanken Fonder AB now owns 206,025 shares of the industrial products company’s stock worth $15,794,000 after acquiring an additional 19,053 shares during the period. Czech National Bank boosted its stake in Pentair by 3.2% in the second quarter. Czech National Bank now owns 45,999 shares of the industrial products company’s stock valued at $3,526,000 after acquiring an additional 1,432 shares during the period. Hilltop National Bank acquired a new position in Pentair in the second quarter valued at approximately $47,000. CX Institutional grew its holdings in shares of Pentair by 56.3% during the second quarter. CX Institutional now owns 5,170 shares of the industrial products company’s stock valued at $396,000 after purchasing an additional 1,862 shares during the last quarter. Finally, Empowered Funds LLC raised its position in shares of Pentair by 7.1% during the 1st quarter. Empowered Funds LLC now owns 6,506 shares of the industrial products company’s stock worth $567,000 after purchasing an additional 434 shares during the period. 92.37% of the stock is owned by institutional investors and hedge funds.

Trending Headlines about Pentair

Here are the key news stories impacting Pentair this week:

• Positive Sentiment: Pentair still expects to generate roughly $930 million in Q2 sales and has not reported a complete collapse in demand across the whole business, suggesting the selloff may be overdone if the pool-related issues prove temporary.
• Neutral Sentiment: Seaport Research Partners lowered Pentair to a Neutral rating, reflecting a more cautious stance on the stock after the outlook reset. Pentair (NYSE:PNR) Lowered to Neutral Rating by Seaport Research Partners
• Negative Sentiment: Pentair cut 2026 guidance substantially, saying sales are now expected to decline about 4% to 7% versus prior guidance for 2% to 4% growth, while GAAP EPS guidance was reduced to about $3.90 to $4.10 from about $4.83 to $4.93.
• Negative Sentiment: The company blamed weak Pool segment demand and distributor inventory destocking, with pool-channel issues expected to reduce sales by about $170 million in Q2 and $250 million for the full year.
• Negative Sentiment: Investor concern increased further after Pentair announced CFO Nicholas Brazis had departed and former CFO Bob Fishman returned as interim CFO, adding leadership uncertainty on top of the profit warning. Pentair Announces Chief Financial Officer Transition and Provides Preliminary Second Quarter 2026 Financial Results, Revises Full Year 2026 Guidance, and Schedules Second Quarter 2026 Investor Call
• Negative Sentiment: Multiple law firms announced securities-fraud investigations following the guidance cut and CFO exit, which may keep pressure on shares in the near term.

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.