Pentair (NYSE:PNR) Releases Q1 Earnings Guidance

Pentair (NYSE:PNR) updated its first quarter earnings guidance on Tuesday. The company provided earnings per share (EPS) guidance of $1.00-1.02 for the period, compared to the consensus estimate of $1.10. Pentair also updated its FY 2025 guidance to 4.650-4.800 EPS.

Analyst Ratings Changes

Several brokerages recently commented on PNR. Mizuho raised their price objective on shares of Pentair from $100.00 to $110.00 and gave the company an “outperform” rating in a research note on Thursday, October 17th. Royal Bank of Canada restated an “outperform” rating and set a $115.00 target price on shares of Pentair in a research report on Thursday, November 21st. TD Cowen lifted their price target on shares of Pentair from $95.00 to $110.00 and gave the stock a “buy” rating in a report on Wednesday, October 23rd. JPMorgan Chase & Co. lifted their price target on shares of Pentair from $106.00 to $110.00 and gave the stock a “neutral” rating in a report on Wednesday, October 23rd. Finally, Wolfe Research assumed coverage on shares of Pentair in a research report on Tuesday, November 26th. They set an “outperform” rating and a $125.00 price target for the company. Seven equities research analysts have rated the stock with a hold rating and ten have assigned a buy rating to the company’s stock. According to data from MarketBeat, Pentair currently has an average rating of “Moderate Buy” and an average price target of $111.25.

Pentair Price Performance

Shares of NYSE:PNR traded up $0.55 during trading hours on Thursday, hitting $99.25. 51,746 shares of the company’s stock traded hands, compared to its average volume of 1,377,347. Pentair has a 52 week low of $72.44 and a 52 week high of $110.71. The company has a debt-to-equity ratio of 0.47, a quick ratio of 0.91 and a current ratio of 1.60. The company’s fifty day simple moving average is $103.31 and its two-hundred day simple moving average is $97.11. The company has a market cap of $16.40 billion, a price-to-earnings ratio of 24.82, a price-to-earnings-growth ratio of 1.65 and a beta of 1.20.

Pentair (NYSE:PNR) last announced its earnings results on Tuesday, February 4th. The industrial products company reported $1.08 EPS for the quarter, topping the consensus estimate of $1.02 by $0.06. The company had revenue of $972.90 million during the quarter, compared to analysts’ expectations of $970.95 million. Pentair had a net margin of 16.29% and a return on equity of 20.48%. The business’s revenue for the quarter was down 1.2% on a year-over-year basis. During the same period last year, the company posted $0.87 earnings per share. As a group, equities analysts anticipate that Pentair will post 4.28 EPS for the current fiscal year.

Pentair Increases Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, February 7th. Investors of record on Friday, January 24th will be given a dividend of $0.25 per share. This represents a $1.00 annualized dividend and a yield of 1.01%. The ex-dividend date is Friday, January 24th. This is a positive change from Pentair’s previous quarterly dividend of $0.23. Pentair’s dividend payout ratio (DPR) is presently 25.00%.

About Pentair

Pentair plc provides various water solutions in the United States, Western Europe, China, Eastern Europe, Latin America, the Middle East, Southeast Asia, Australia, Canada, and Japan. The company operates through three segments: Flow, Water Solutions, and Pool. The Flow segment designs, manufactures, and sells 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 for fluid delivery, ion exchange, desalination, food and beverage, separation technologies in the oil and gas industry, residential and municipal wells, water treatment, wastewater solids handling, pressure boosting, circulation and transfer, fire suppression, flood control, agricultural irrigation, and crop spray in residential, commercial, and industrial markets.