Analyst Consensus ?
ConsensusHold41 ratings
Bullish1536.6%
Neutral2151.2%
Bearish512.2%
1 unmapped firm rating excluded from the percentages.
Pentair plc · PNR · FY2026 Q3 · Calendar Q4 2026
Pentair reaffirms outlook as pool destocking ends and Taco closes
Pentair's Q3 analysis supports a constructive but execution-dependent view: the pool inventory reset is reported complete, while Taco and commercial water demand add growth opportunities. Integration, pricing, and residential demand remain important tests.
Reported Before market openNYSEIndustrials
$8.82B market cap
80quality score
Earnings scorecard
Reported versus consensus
Reported EPS
—
Consensus $1.07
EPS surprise
—
Reported versus consensus
Reported revenue
—
Consensus $963.7M
Revenue surprise
—
Reported versus consensus
Market reaction
prior-close to event-session close
Stock move
+12.8%
Event window
SPY move
+0.6%
Same window
Abnormal move
+12.2%
Stock minus SPY
Volume
2.9×
Versus trailing sessions
Subsequent drift
0.0%
Up to 20 sessions
PNRSPY benchmark
Ask FN2 about PNR FY2026 Q3
Transcript, numbers and history already loaded
What drove PNR's +12.8% move after FY2026 Q3 earnings?What changed in PNR's guidance and outlook in FY2026 Q3?Give me the bull and bear case for PNR after FY2026 Q3 earnings.
Free account. Your question opens in FN2 with this report's transcript and numbers attached.
Transcript intelligence
What changed
Compared with the prior quarter, Pentair reported that the pool channel inventory destock is complete, completed the Taco acquisition, and described a more defined regional and four-pillar pool growth strategy. The analysis also identifies increasing capex and $8 million of Q3 tariff refunds, with no further refunds expected in Q4.
Guidance delta
Full-year adjusted EPS guidance was reaffirmed at $4.70, alongside a modest sales decline outlook.
Key takeaways
- Q3 analysis reports sales of $976 million, adjusted operating income of $242 million, and adjusted EPS of $1.18.
- Pool channel inventory is roughly $110 million lower year over year after a reported $280 million destock.
- Taco was completed using $1.4 billion of term debt and is expected to be accretive to adjusted EPS in 2027.
- Free cash flow of $153 million supports the stated focus on dividends, repurchases, deleveraging, and strategic investment.
Management priorities
- Integrate Taco and pursue cross-selling across water-management platforms.
- Execute the four-pillar pool strategy with regional sales structures, innovation, and quality improvements.
- Expand margins in Flow and Water Solutions through complexity reduction.
- Balance deleveraging with dividend growth, share repurchases, and strategic investment.
Follow PNR with an agent that reads every filing, transcript, and price print. Free to start.
Try FN2 freeEarnings History
Estimate
Beat
Miss
Match
Analyst 52W Price Targets
$62.29Current
$41Low
$87.31Average
$135High
Latest persisted target per named analyst; persisted current price from FN2's market snapshot as of Oct 28, 2026. Not an FN2 forecast.
Firm-level rating actions
FMP grade actions identify the grading firm, not a named analyst.
| Firm | Rating | Prior rating | Action | Date |
|---|---|---|---|---|
| Oppenheimer | Outperform | Outperform | Maintain | Oct 21, 2026 |
| Mizuho | Outperform | Outperform | Maintain | Oct 15, 2026 |
| TD Cowen | Hold | Sell | Upgrade | Oct 14, 2026 |
| RBC Capital | Sector Perform | Sector Perform | Maintain | Oct 14, 2026 |
| Citigroup | Buy | Buy | Maintain | Oct 12, 2026 |
| Goldman Sachs | Neutral | Neutral | Maintain | Oct 9, 2026 |
| Wolfe Research | Outperform | Peer Perform | Upgrade | Sep 15, 2026 |
| Baird | Outperform | Outperform | Maintain | Jul 29, 2026 |
| Stifel | Hold | Buy | Downgrade | Jul 16, 2026 |
| BNP Paribas | Underperform | Underperform | Maintain | Jul 16, 2026 |
| Seaport Global | Neutral | Buy | Downgrade | Jul 15, 2026 |
| Barclays | Equal Weight | Equal Weight | Maintain | Apr 29, 2026 |
| B of A Securities | Underperform | Underperform | Maintain | Apr 20, 2026 |
| JP Morgan | Overweight | Overweight | Maintain | Jan 16, 2026 |
| BNP Paribas Exane | Underperform | Neutral | Downgrade | Jan 7, 2026 |
| Jefferies | Buy | Hold | Upgrade | Dec 10, 2025 |
| UBS | Buy | Buy | Maintain | Oct 22, 2025 |
| Keybanc | Overweight | Downgrade | Jan 6, 2025 | |
| Deutsche Bank | Buy | Buy | Maintain | Jul 24, 2024 |
| Northcoast Research | Neutral | Buy | Downgrade | Jul 19, 2024 |
| Morgan Stanley | Underweight | Underweight | Maintain | Jul 12, 2023 |
| Cowen & Co. | Outperform | Outperform | Maintain | Feb 24, 2023 |
| Loop Capital | Buy | Buy | Maintain | Feb 1, 2023 |
| Rosenblatt | Buy | Buy | Maintain | Jul 28, 2021 |
| Vertical Research | Hold | Buy | Downgrade | Nov 17, 2020 |
| Stifel Nicolaus | Hold | Buy | Downgrade | Dec 17, 2019 |
| BMO Capital | Market Perform | Market Perform | Maintain | Apr 10, 2019 |
| Susquehanna | Neutral | Positive | Downgrade | Nov 7, 2016 |
| Bernstein | Outperform | Market Perform | Upgrade | Apr 27, 2016 |
| William Blair | Market Perform | Outperform | Downgrade | Jul 22, 2015 |
| Longbow Research | Neutral | Buy | Downgrade | Apr 22, 2015 |
| BB&T Capital | Hold | Buy | Downgrade | Apr 13, 2015 |
| Canaccord Genuity | Hold | Hold | Maintain | Apr 9, 2015 |
| Nomura | Neutral | Neutral | Maintain | Feb 4, 2015 |
| Northland Securities | Neutral | Buy | Downgrade | Dec 5, 2014 |
| Northland Capital Markets | Neutral | Buy | Downgrade | Dec 5, 2014 |
| Buckingham Research | Neutral | Neutral | Maintain | Oct 9, 2014 |
| Bank of America | Underperform | Neutral | Downgrade | Jul 31, 2014 |
| Wedbush | Neutral | Outperform | Downgrade | Apr 23, 2014 |
| Pentair | Buy | Buy | Maintain | Nov 28, 2012 |
| MKM Partners | Buy | Neutral | Upgrade | Nov 5, 2012 |
| Credit Suisse | Neutral | Neutral | Maintain | Oct 9, 2012 |
Named analyst price targets
Upside is calculated against the persisted current price $62.29. FMP does not supply a rating on these named-analyst rows.
| Firm | Analyst | 52W target | Price when posted | Upside | Date |
|---|---|---|---|---|---|
| Oppenheimer | Bryan Blair | $84 | $52.88 | +34.9% | Oct 21, 2026 |
| Mizuho Securities | Analyst unavailable | $65 | $52.11 | +4.4% | Oct 15, 2026 |
| William Blair | Analyst unavailable | $50 | $52.97 | -19.7% | Oct 14, 2026 |
| Goldman Sachs | Brian Lee | $60 | $52.3 | -3.7% | Oct 9, 2026 |
| Wolfe Research | Nigel Coe | $91 | $56.18 | +46.1% | Sep 15, 2026 |
| Robert W. Baird | Analyst unavailable | $80 | $66.77 | +28.4% | Jul 29, 2026 |
| Deutsche Bank | Andrew Krill | $81 | $63.63 | +30.0% | Jul 27, 2026 |
| Mizuho Securities | Analyst unavailable | $85 | $62.12 | +36.5% | Jul 21, 2026 |
| BNP Paribas | Analyst unavailable | $64 | $65.92 | +2.7% | Jul 16, 2026 |
| Oppenheimer | Analyst unavailable | $94 | $64.57 | +50.9% | Jul 16, 2026 |
| Stifel Nicolaus | Nathan Jones | $65 | $64.33 | +4.4% | Jul 16, 2026 |
| Goldman Sachs | Analyst unavailable | $72 | $64.33 | +15.6% | Jul 15, 2026 |
| Jefferies | Analyst unavailable | $90 | $64.33 | +44.5% | Jul 15, 2026 |
| Robert W. Baird | Analyst unavailable | $83 | $75.68 | +33.2% | Jul 15, 2026 |
| RBC Capital | Analyst unavailable | $74 | $75.68 | +18.8% | Jul 15, 2026 |
| Oppenheimer | Analyst unavailable | $115 | $81.94 | +84.6% | Apr 29, 2026 |
| Stifel Nicolaus | Analyst unavailable | $103 | $82.86 | +65.4% | Apr 29, 2026 |
| Robert W. Baird | Analyst unavailable | $110 | $82.86 | +76.6% | Apr 29, 2026 |
| Barclays | Analyst unavailable | $92 | $82.86 | +47.7% | Apr 29, 2026 |
| Stifel Nicolaus | Analyst unavailable | $110 | $91.2 | +76.6% | Apr 14, 2026 |
| Barclays | Julian Mitchell | $102 | $97.28 | +63.8% | Feb 5, 2026 |
| Seaport Global | Analyst unavailable | $125 | $96.31 | +100.7% | Feb 4, 2026 |
| Oppenheimer | Bryan Blair | $122 | $95.14 | +95.9% | Feb 4, 2026 |
| RBC Capital | Analyst unavailable | $117 | $96.78 | +87.8% | Feb 4, 2026 |
| Robert W. Baird | Analyst unavailable | $117 | $94.79 | +87.8% | Feb 4, 2026 |
| BNP Paribas | Analyst unavailable | $90 | $100.03 | +44.5% | Jan 7, 2026 |
| Jefferies | Saree Boroditsky | $135 | $101.86 | +116.7% | Dec 10, 2025 |
| Wolfe Research | Nigel Coe | $135 | $104.25 | +116.7% | Dec 9, 2025 |
| Barclays | Analyst unavailable | $115 | $106.47 | +84.6% | Dec 4, 2025 |
| Oppenheimer | Analyst unavailable | $128 | $103.45 | +105.5% | Nov 20, 2025 |
| UBS | Damian Karas | $124 | $108.99 | +99.1% | Oct 22, 2025 |
| RBC Capital | Deane Dray | $124 | $109.02 | +99.1% | Oct 22, 2025 |
| Robert W. Baird | Analyst unavailable | $130 | $109.02 | +108.7% | Oct 22, 2025 |
| Barclays | Julian Mitchell | $127 | $109.02 | +103.9% | Oct 22, 2025 |
| Barclays | Analyst unavailable | $125 | $110.61 | +100.7% | Oct 1, 2025 |
| UBS | Damian Karas | $110 | $87.73 | +76.6% | Apr 23, 2025 |
| Goldman Sachs | Analyst unavailable | $95 | $86.24 | +52.5% | Apr 22, 2025 |
| Mizuho Securities | Brett Linzey | $100 | $86.24 | +60.5% | Apr 22, 2025 |
| UBS | Damian Karas | $115 | $98 | +84.6% | Oct 23, 2024 |
| Seaport Global | Scott Graham | $120 | $97.36 | +92.6% | Oct 23, 2024 |
| KeyBanc | Jeffrey Hammond | $115 | $98.32 | +84.6% | Oct 23, 2024 |
| RBC Capital | Deane Dray | $115 | $98.32 | +84.6% | Oct 23, 2024 |
| Barclays | Julian Mitchell | $108 | $98.32 | +73.4% | Oct 23, 2024 |
| Stifel Nicolaus | Nathan Jones | $115 | $98.49 | +84.6% | Oct 16, 2024 |
| KeyBanc | Jeffrey Hammond | $110 | $96.24 | +76.6% | Oct 11, 2024 |
| Barclays | Julian Mitchell | $105 | $96.81 | +68.6% | Oct 2, 2024 |
| UBS | Damian Karas | $100 | $87.05 | +60.5% | Jul 24, 2024 |
| KeyBanc | Jeffrey Hammond | $97 | $87.19 | +55.7% | Jul 24, 2024 |
| Barclays | Julian Mitchell | $96 | $87.19 | +54.1% | Jul 24, 2024 |
| Stifel Nicolaus | Nathan Jones | $100 | $81.76 | +60.5% | Jul 18, 2024 |
| Oppenheimer | Bryan Blair | $92 | $80.05 | +47.7% | Jul 16, 2024 |
| Robert W. Baird | Michael Halloran | $85 | $80 | +36.5% | Jun 25, 2024 |
| RBC Capital | Deane Dray | $99 | $80 | +58.9% | Jun 25, 2024 |
| Stifel Nicolaus | Nathan Jones | $94 | $79.2 | +50.9% | Apr 23, 2024 |
| Northcoast Research | Ryan Connors | $100 | $81.1 | +60.5% | Apr 15, 2024 |
| RBC Capital | Deane Dray | $101 | $82.8 | +62.1% | Apr 4, 2024 |
| RBC Capital | Deane Dray | $79 | $71.51 | +26.8% | Jan 11, 2024 |
| KeyBanc | Jeffrey Hammond | $82 | $67.58 | +31.6% | Dec 13, 2023 |
| Loop Capital Markets | Analyst unavailable | $75 | $56.6 | +20.4% | Feb 1, 2023 |
| Citigroup | Analyst unavailable | $65 | $56.44 | +4.4% | Feb 1, 2023 |
| Oppenheimer | Analyst unavailable | $67 | $55.95 | +7.6% | Feb 1, 2023 |
| Barclays | Analyst unavailable | $65 | $55.38 | +4.4% | Feb 1, 2023 |
| Barclays | Analyst unavailable | $56 | $46.22 | -10.1% | Jan 5, 2023 |
| Stifel Nicolaus | Stifel Stifel | $57 | $43.66 | -8.5% | Dec 21, 2022 |
| Citigroup | Analyst unavailable | $54 | $45.07 | -13.3% | Dec 9, 2022 |
| Barclays | Analyst unavailable | $48 | $41.25 | -22.9% | Oct 3, 2022 |
| Stifel Nicolaus | Nathan Jones | $47 | $48.89 | -24.5% | Jul 30, 2022 |
| Morgan Stanley | Analyst unavailable | $41 | $46.37 | -34.2% | Jul 15, 2022 |
| Morgan Stanley | Analyst unavailable | $49 | $49.58 | -21.3% | May 31, 2022 |
| Barclays | Analyst unavailable | $50 | $48.37 | -19.7% | May 24, 2022 |
| Cowen & Co. | Analyst unavailable | $75 | $53.38 | +20.4% | Apr 22, 2022 |
| Morgan Stanley | Analyst unavailable | $50 | $53.39 | -19.7% | Apr 22, 2022 |
| Barclays | Analyst unavailable | $55 | $52.83 | -11.7% | Apr 22, 2022 |
| RBC Capital | Analyst unavailable | $58 | $53.39 | -6.9% | Apr 22, 2022 |
| UBS | Damian Karas | $74 | $76.2 | +18.8% | Sep 23, 2021 |
| Citigroup | Andrew Kaplowitz | $86 | $70.87 | +38.1% | Jul 28, 2021 |
| Boenning & Scattergood | Ryan Connors | $100 | $69.26 | +60.5% | Jul 13, 2021 |
Track every rating change on PNR the moment it posts. Free to start.
Start freeCompany context
Snapshot as of publicationPentair plc engages in the provision of water solutions for residential, commercial, industrial, infrastructure, and agricultural applications. It operates through the following segments: Flow, Water Solutions, and Pool. The Flow segment designs, manufactures, and sells various fluid treatment and pump products and systems, including pressure vessels, gas recovery solutions, membrane bioreactors, wastewater reuse systems and advanced membrane filtration, separation systems, water disposal pumps, water supply pumps, fluid transfer pumps, turbine pumps, solid handling pumps, and agricultural spray nozzles, while serving the global residential, commercial, and industrial markets.…
Historical context
All PNR earningsIndustrials peers this season
Latest reports in the same sector| Company | Quarter | EPS surprise | Market move | Headline |
|---|---|---|---|---|
| ITW Illinois Tool Works Inc. | FY2026 Q3 · Calendar Q4 2026 | — | -0.1% | ITW: Strong Q3 growth, margin expansion and higher EPS outlook |
| UPS United Parcel Service, Inc. | FY2026 Q3 · Calendar Q4 2026 | — | +5.8% | UPS raises 2026 outlook as premium volume and efficiency support margins |
| PCAR PACCAR Inc | FY2026 Q3 · Calendar Q4 2026 | — | -2.0% | PACCAR Q3: Parts Record, Supply Constraints Temper Outlook |
| WSO Watsco, Inc. | FY2026 Q3 · Calendar Q4 2026 | — | -2.1% | Watsco posts record Q3 as acquisitions lift sales and digital scale |
| HUBB Hubbell Incorporated | FY2026 Q3 · Calendar Q4 2026 | — | -5.1% | Hubbell: Strong Electrical Demand, Utility Constraints Temper Outlook |
| AIT Applied Industrial Technologies, Inc. | FY2027 Q1 · Calendar Q4 2026 | — | -9.4% | AIT raises EPS outlook as Engineered Solutions drives growth |
Latest beats and misses
Who reports nextBeat on EPS
- HIGFY2026 Q3 · October 26, 2026+10.4% EPS-1.8% move
- CLSFY2026 Q3 · October 26, 2026+12.6% EPS+12.1% move
- CINFFY2026 Q3 · October 26, 2026+39.5% EPS+2.3% move
- VZFY2026 Q3 · October 26, 2026+3.1% EPS-3.5% move
- CXFY2026 Q3 · October 26, 2026+12.0% EPS-0.1% move
- CDNSFY2026 Q3 · October 26, 2026+2.9% EPS+1.8% move
Missed on EPS
- BROFY2026 Q3 · October 26, 2026-1.8% EPS-5.0% move
- PSA-PLFY2026 Q3 · October 26, 2026-32.1% EPS— move
- PSA-PNFY2026 Q3 · October 26, 2026-32.1% EPS— move
- PSA-POFY2026 Q3 · October 26, 2026-32.1% EPS— move
- PSA-PKFY2026 Q3 · October 26, 2026-32.1% EPS— move
- PSA-PGFY2026 Q3 · October 26, 2026-32.1% EPS— move
Get the PNR recap when the next report posts
One email per quarter with the scorecard, the market reaction and what changed on the call. No account needed.
Sources
- Earnings call transcript and parsed analysis · 2026-10-27T16:10:25.363660+00:00
- FN2 earnings calendar · 2026-10-27T01:23:15.065758+00:00
- Polygon adjusted daily market bars · 2026-10-27T22:40:41.458338+00:00
- Financial Modeling Prep analyst price-target consensus and quote snapshot · 2026-10-27T22:40:41.455697+00:00
Methodology
Reported and consensus figures come from FN2's earnings event records. Market reaction and volume are calculated from daily adjusted bars around the event; abnormal move subtracts the SPY move over the same window.
Analyst target low, average, and high values are derived at request time from each named analyst's latest persisted FMP target. The current-price marker comes from FN2's persisted market snapshot. They are sell-side estimates, not an FN2 valuation or recommendation.
Transcript intelligence is a structured synthesis of the current and prior earnings-call analyses. Missing values stay missing and are never estimated.
By FN2 Research · Updated · As of 2026-10-27. For educational purposes only; not investment advice.