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Pentair (PNR) Stock News

PNR NYSE

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.

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Pentair (PNR) has appointed Bob Hau as Executive Vice President and Chief Financial Officer, effective November 1, 2026.

Hau has joined the company ahead of that date, while interim EVP and CFO Bob Fishman will remain through November 1 to support a smooth transition. Pentair describes Hau as a proven finance leader with a results-oriented approach and long-term shareholder value focus.

Pentair reports 2025 revenue of approximately $4.2 billion, about 9,000 employees, and customers in more than 150 countries.

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Pentair (PNR) declared a regular quarterly cash dividend of $0.27 per share, payable on November 6, 2026 to shareholders of record as of the close of business on October 23, 2026.

This marks the 50th consecutive year in which Pentair has increased its dividend.

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Pentair (PNR) has appointed Louis Pinkham to its board of directors, effective September 17, 2026, and named him to the Audit and Finance Committee.

Pinkham has decades of leadership experience in industrial manufacturing, electrical equipment and power management. He most recently served as Chief Executive Officer of Regal Rexnord Corporation and its predecessor Regal Beloit from 2019 to 2026, where he led the formation of Regal Rexnord through the combination of Regal Beloit and Rexnord’s Process & Motion Control business and oversaw the acquisition of Altra Industrial Motion. He previously held senior roles at Crane Co. and Eaton Corporation and currently serves as Lead Independent Director on the board of Jacobs Solutions and as a director of the University of Chicago Medical Center. Pentair reports approximately $4.2 billion of 2025 revenue and about 9,000 employees serving customers in more than 150 countries.

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Pentair Pool (NYSE: PNR) announced a technology integration with Pool Brain, linking Pentair’s Wi‑Fi-enabled IntelliFlo3 variable-speed pump and Lighthouse connected equipment intelligence with Pool Brain’s service management platform. The collaboration aims to give pool service professionals proactive alerts, remote diagnostics, and higher operational efficiency for pool owners.

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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.

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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.

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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.

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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.

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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.

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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.

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FAQ

What is the current stock price of Pentair (PNR)?

The current stock price of Pentair (PNR) is $53.03 as of September 29, 2026.

What is the market cap of Pentair (PNR)?

The market cap of Pentair (PNR) is approximately 8.5B.