Welcome to our dedicated page for Pentair news (Ticker: PNR), a resource for investors and traders seeking the latest updates and insights on Pentair stock.
Pentair plc reports recurring developments across its smart, sustainable water solutions business, including Pool, Water Solutions and Flow activities. Company news covers quarterly earnings, segment performance, dividend actions, investor conference participation and updates tied to residential, commercial and industrial water management.
Recent company updates also include connected pool equipment, service-platform integration plans, leadership and board changes, and governance matters. Pentair’s disclosures frame the business around moving, improving and enjoying water through pool equipment, filtration, water technologies and flow-related products serving customers globally.
Pentair (NYSE: PNR) reported second quarter 2026 net sales of $932.6 million, down 17% year over year, with core sales also down 17%. GAAP EPS from continuing operations was $0.80 versus $0.90 a year ago (‑11%), and adjusted EPS was $1.14 versus $1.39 (‑18%). Operating income was $166.5 million with ROS of 17.9%, and adjusted operating income was $237 million with adjusted ROS of 25.4%. Results included about $35 million of IEEPA refunds.
Segment trends diverged: Flow sales rose 5% with reportable segment income up 27% and ROS at 26.5%, while Water Solutions sales fell 5% but segment income rose 17% with ROS at 30.0%. Pool sales declined 42%, with segment income down 62% and ROS at 23.4%, impacted by an approximately $170 million pool channel inventory destock and softer market conditions.
Net cash from operating activities was $572 million and free cash flow $553 million. Pentair paid a quarterly dividend of $0.27 per share and repurchased 2.0 million shares for $150 million, with $650 million remaining under authorization. For full year 2026, Pentair now guides GAAP EPS to $3.86–$4.06 and reaffirms adjusted EPS guidance of $4.60–$4.80 and sales down about 4%–7%. Third quarter 2026 GAAP EPS is estimated at $0.97–$1.00 and adjusted EPS at $1.05–$1.08, with sales expected down 4%–6% as pool channel inventory is right‑sized.
Pentair (NYSE: PNR) entered a definitive agreement to acquire Taco Group Holdings, a hydronic and water-based HVAC and data center solutions provider, for approximately $1.4 billion, subject to customary adjustments. The price reflects about 10.5x 2026E EBITDA, including roughly $165 million in tax benefits and about $30 million of anticipated run-rate cost synergies.
Taco is expected to generate about $540 million in fiscal 2026 revenue with Adjusted EBITDA margins above 20% including run-rate cost synergies. Pentair targets $30 million in cost synergies and expects the deal to be $0.10–$0.15 accretive to adjusted EPS in FY 2027. Post-close net leverage is expected to be around 2.4x, with a goal to reduce it to below 1.5x within two years. Closing is anticipated in the fourth quarter of 2026, subject to regulatory approvals and other customary conditions. Taco will join Pentair’s Water Solutions segment and is expected to retain the Taco brand and a significant presence in Cranston, Rhode Island.
Pentair (NYSE: PNR) announced a CFO transition and weaker preliminary second quarter 2026 results, along with reduced full year 2026 guidance. Former Executive Vice President and CFO Bob Fishman has been appointed Interim EVP and CFO, effective immediately, following Nicholas Brazis’ July 10, 2026 departure.
For Q2 2026, Pentair expects sales of about $930 million, roughly 17% below a prior outlook of ~1% growth, and operating income of about $165 million (adjusted $235 million). EPS from continuing operations is expected at $0.80 and adjusted EPS at $1.12, versus prior guidance of $1.39–$1.42 and $1.47–$1.50, respectively. Management attributes the shortfall mainly to Pool channel inventory destocking, which is estimated to have reduced Pool sales by about $170 million and Pool income by about $105 million. Results are expected to include around $35 million of tariff-related IEEPA refunds.
Revised 2026 guidance now calls for sales down approximately 4–7% versus a previous outlook of 2–4% growth, GAAP EPS of $3.90–$4.10 and adjusted EPS of $4.60–$4.80, both cut from prior ranges. Net income from continuing operations is expected at $635–$670 million and EBITDA at about $1,050 million. Pool channel destocking is projected to reduce full-year Pool sales by about $250 million and Pool income by about $155 million, partly offset by $35–$50 million of IEEPA refunds. Flow and Water Solutions segments and corporate spending are expected to track roughly in line with earlier expectations. Pentair also repurchased about 2.0 million shares for $150 million in Q2 2026 and scheduled its Q2 earnings release and investor call for July 28, 2026.
Pentair Pool (NYSE:PNR) announced a planned technology integration with Pool Brain to combine Pentair’s connected pool equipment data and Pool Brain’s service management platform. The integration aims to give pool service professionals consolidated, data-driven visibility to improve diagnostics, reduce truck rolls, and streamline workflows.
Key features include automated equipment and pool-performance visibility, smarter service planning, consolidated product data access, and a targeted rollout in late summer 2026.
Pentair (NYSE: PNR) declared a regular quarterly cash dividend of $0.27 per share, payable on August 7, 2026 to shareholders of record at the close of business on July 24, 2026. This marks the 50th consecutive year Pentair has increased its dividend.
Pentair (NYSE: PNR) announced a leadership transition: Jerome Pedretti, EVP and CEO of Pentair Pool, will depart effective July 1, 2026. Pentair is eliminating the Chief Executive Officer of Pentair Pool role. De’Mon Wiggins will assume responsibility for Pool as EVP and President, Pentair Flow, Water Solutions and Pool effective April 28, 2026. Pedretti will remain through his departure to support an orderly transition.
Pentair (NYSE: PNR) reported Q1 2026 sales of $1,037 million, up 3% year-over-year, GAAP EPS of $0.98 (up 5%) and adjusted EPS of $1.22 (up 10%). Adjusted ROS expanded to 25.0%. The company repurchased $200 million of shares and updated full‑year 2026 EPS and sales guidance.
Pentair (NYSE:PNR) will report Q1 2026 results before the NYSE opens on Tuesday, April 28, 2026, and will hold a live investor conference call at 9:00 a.m. ET that day.
Presentation materials will be posted to the Investor Relations section of the company's website prior to the call. Webcast access, dial‑in numbers, participant passcode, and replay instructions were provided.
Pentair (NYSE: PNR) released its 2025 Sustainability Report on March 31, 2026, reporting material progress against strategic targets. Pentair met its Water Stewardship and Product Design for Sustainability targets and reported a 54.0% reduction in Scope 1 and 2 GHG emissions versus a 2019 baseline.
Key metrics include restoring ~31 million gallons to high-water-stress areas, a 34.4% reduction in water withdrawal vs 2019, and customer impacts like 40 billion single-use bottles avoided (2021–2025).
Pentair (NYSE: PNR) announced that David A. Jones will retire from the Board at the end of his current term on May 5, 2026, and that T. Michael Glenn will succeed him as Chair.
Jones joined the Board in 2003 and served as Chair since 2018; Glenn has been an independent director since 2007 and is a retired FedEx executive with prior roles as Executive Vice President and CEO of FedEx Services.