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$PNR

13 stories mentioning PNR

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Research

Research Alert: CFRA Maintains Strong Buy Rating On Shares Of Pentair Plc

CFRA, an independent research provider, has providedwith the following research alert. Analysts at CFRA have summarized their opinion as follows:We trim our 12-month target price to $115 from $130 following PNR's Q1 earnings print, valuing shares at 19.5x our 2027 EPS outlook of $5.91 (revised down by $0.01; 2026 EPS view in line with previous forecast), slightly above the company's historical multiple average. We see the premium being justified given PNR's portfolio diversification efforts within the water technology space that we see reducing earnings volatility. While Q1 performance was in line with our own expectations, organic sales expansion was a point of concern as management warned of impending channel inventory corrections within the Pools business. Given that this segment is a leader in profitability, any declines in sales/mix could weigh on overall margin results. Despite Pool headwinds, we see PNR's margin trajectory remaining in an uptrend as Flow and Water Solutions build on margin gains through targeted productivity programs and pricing. We see Q1 headwinds being baked into shares and reiterate our Strong Buy view.

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Wire

Pentair Stock Decline on Potential Inventory Destocking 'Overdone,' RBC Says

Pentair (PNR) shares fell 10% following the company's Q1 earnings report on Tuesday but the sell off, tied to warnings of a potential inventory destocking, was "overdone," RBC Capital Markets said.During the company's earnings call, Pentair disclosed expectations for its Pool channel partners to execute an inventory reduction in Q2 and Q3, which stems from a lowered industry volume forecast, especially for high-end discretionary products, the RBC analysts said. Pentair explained that recent price actions had prompted distributors to stock up, the analysts said.The stock price decline was also driven by H2-weighted guidance and concerns over residential and consumer spending, according to the note.However, Pentair continues its strong execution on productivity initiatives, margin improvement, and new product introductions, fueling a streak of 16 consecutive quarters of margin expansion, the analysts noted. They said that they have not observed any execution issues or missteps.RBC maintained the company's stock rating at outperform and lowered the price target to $101 from $107.Price: $81.36, Change: $-1.50, Percent Change: -1.81%

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Northcoast Research Adjusts Pentair Price Target to $106 From $120, Maintains Buy Rating

Pentair (PNR) has an average rating of overweight and mean price target of $103.28, according to analysts polled by FactSet.(covers equity, commodity and economic research from major banks and research firms in North America, Asia and Europe. Research providers may contact us here: https://www..com/contact-us)Price: $81.74, Change: $-1.12, Percent Change: -1.35%

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Mizuho Securities Adjusts Pentair Price Target to $100 From $122, Maintains Outperform Rating

Pentair (PNR) has an average rating of overweight and mean price target of $103.28, according to analysts polled by FactSet.(covers equity, commodity and economic research from major banks and research firms in North America, Asia and Europe. Research providers may contact us here: https://www..com/contact-us)Price: $81.57, Change: $-1.29, Percent Change: -1.56%

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Seaport Global Securities Adjusts Pentair Price Target to $125 From $130, Maintains Buy Rating

Pentair (PNR) has an average rating of overweight and mean price target of $103.28, according to analysts polled by FactSet.(covers equity, commodity and economic research from major banks and research firms in North America, Asia and Europe. Research providers may contact us here: https://www..com/contact-us)Price: $81.61, Change: $-1.25, Percent Change: -1.51%

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BNP Paribas Adjusts Pentair Price Target to $75 From $85, Maintains Underperform Rating

Pentair (PNR) has an average rating of overweight and mean price target of $103.28, according to analysts polled by FactSet.(covers equity, commodity and economic research from major banks and research firms in North America, Asia and Europe. Research providers may contact us here: https://www..com/contact-us)Price: $81.68, Change: $-1.18, Percent Change: -1.42%

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TD Cowen Adjusts Pentair Price Target to $75 From $90, Maintains Sell Rating

Pentair (PNR) has an average rating of overweight and mean price target of $103.28, according to analysts polled by FactSet.(covers equity, commodity and economic research from major banks and research firms in North America, Asia and Europe. Research providers may contact us here: https://www..com/contact-us)Price: $81.68, Change: $-1.18, Percent Change: -1.42%

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Goldman Sachs Adjusts Pentair PT to $91 From $98, Maintains Neutral Rating

Pentair (PNR) has an average rating of overweight and mean price target of $103.28, according to analysts polled by FactSet.(covers equity, commodity and economic research from major banks and research firms in North America, Asia and Europe. Research providers may contact us here: https://www..com/contact-us)Price: $81.68, Change: $-1.18, Percent Change: -1.42%

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Oppenheimer Adjusts Price Target on Pentair to $115 From $122, Maintains Outperform Rating

Pentair (PNR) has an average rating of overweight and mean price target of $103.28, according to analysts polled by FactSet.(covers equity, commodity and economic research from major banks and research firms in North America, Asia and Europe. Research providers may contact us here: https://www..com/contact-us)Price: $80.80, Change: $-2.07, Percent Change: -2.49%

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Wire

Top Midday Decliners

Greenland Energy (GLND) stock sank 41% after the company said late Monday it priced a $70 million offering of 17.5 million shares at $4 apiece.More than 9.36 million shares of the company traded intraday compared with a daily average of about 2.33 million.Zimmer Biomet (ZBH) reported a year-over-year increase in Q1 adjusted earnings and sales on Tuesday and said its chief financial officer, Suketu Upadhyay, is leaving the company.Shares slumped 11% as intraday trading volume soared to more than 5.32 million from a daily average of about 2.13 million.Pentair (PNR) reported stronger-than-expected Q1 adjusted earnings and sales growth on Tuesday, but the company revised the bottom end of its full-year revenue growth forecast.Shares slumped 11% as intraday trading volume rose to over 3.46 million from a daily average of about 1.75 million.Price: $3.22, Change: $-2.20, Percent Change: -40.57%

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Research

Research Alert: Pentair: Q1 Results Top Expectations, Eps Outlook Lifted

CFRA, an independent research provider, has providedwith the following research alert. Analysts at CFRA have summarized their opinion as follows:PNR's Q1 EPS of $1.22 beat consensus by $0.05, rising 10% Y/Y despite modest 1% organic sales growth. Operating margin expanded 100 bps to 25% while gross margin improved 190 bps to 41.8%, reflecting effective cost management and pricing realization. We view PNR as executing well on profitability initiatives and strategic pricing actions amid challenging residential markets. Management's 26% operating margin target appears within reach given continued margin expansion momentum. Flow segment led results with income up 22% and margin expanding 210 bps to 23.7%, benefiting from strong commercial and industrial demand. Capital deployment accelerated with $200M in share repurchases (vs. $50M in the prior year), signaling management's confidence in intrinsic value. We see PNR's 1.7x leverage ratio providing flexibility for additional buybacks and accretive M&A opportunities. Looking ahead, we expect Y/Y sales expansion to pick up in 2H 2026 as easier comps emerge.

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Wire

BofA Securities Adjusts Price Target on Pentair to $88 From $100

Pentair (PNR) has an average rating of overweight and mean price target of $111.06, according to analysts polled by FactSet.(covers equity, commodity and economic research from major banks and research firms in North America, Asia and Europe. Research providers may contact us here: https://www..com/contact-us)Price: $90.31, Change: $-0.77, Percent Change: -0.85%

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Research

Research Alert: CFRA Upgrades View On Pnr Shares From Buy To Strong Buy

CFRA, an independent research provider, has providedwith the following research alert. Analysts at CFRA have summarized their opinion as follows:Following a nearly 15% drop in shares YTD, we view shares as being attractively valued with a healthy margin of safety. We attribute the decline this year to ongoing weakness in residential markets (PNR's largest end-market exposure) and conservative guidance. PNR shares are trading below their historical multiple average and well below peers on a forward P/E (NTM) basis. We see headwinds as being more than priced in at this point, with upside in shares if residential markets enter even a modest recovery. Our upgrade is made in part due to indications that repair and remodeling investment is beginning to recover in U.S. markets, which bodes well for PNR's Pools business looking to Q1. Assuming residential markets remain roughly flat, we see new products and efficiency initiatives supporting PNR's earnings quality in 2026. We reiterate our 12-month target of $130, valuing shares at 22x (below peer average of ~24x) our 2027 EPS outlook of $5.92 (unchanged estimate; 2026 EPS of $5.40 is also unchanged).

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