Pentair (NYSE:PNR) Given New $65.00 Price Target at TD Cowen

Pentair (NYSE:PNR) had its target price dropped by equities researchers at TD Cowen from $75.00 to $65.00 in a research note issued on Wednesday,Benzinga reports. The firm currently has a “sell” rating on the industrial products company’s stock. TD Cowen’s price objective indicates a potential downside of 1.55% from the stock’s current price.

PNR has been the subject of a number of other reports. Stifel Nicolaus reaffirmed a “hold” rating and set a $65.00 price objective (down from $103.00) on shares of Pentair in a research report on Thursday, July 16th. Seaport Research Partners lowered Pentair from a “buy” rating to a “neutral” rating in a report on Wednesday, July 15th. Robert W. Baird decreased their price target on Pentair from $83.00 to $80.00 and set an “outperform” rating for the company in a report on Wednesday. Citigroup lowered their price objective on shares of Pentair from $112.00 to $106.00 and set a “buy” rating on the stock in a research report on Wednesday, April 29th. Finally, Mizuho dropped their price objective on shares of Pentair from $100.00 to $85.00 and set an “outperform” rating on the stock in a research note on Tuesday, July 21st. Eight equities research analysts have rated the stock with a Buy rating, six have given a Hold rating and three have given a Sell rating to the company. According to data from MarketBeat.com, Pentair currently has an average rating of “Hold” and an average price target of $89.94.

Pentair Stock Performance

NYSE PNR traded down $0.74 during trading on Wednesday, reaching $66.03. The company’s stock had a trading volume of 1,764,040 shares, compared to its average volume of 2,164,297. The business’s fifty day moving average price is $72.05 and its 200-day moving average price is $85.56. Pentair has a twelve month low of $57.60 and a twelve month high of $113.95. The company has a debt-to-equity ratio of 0.51, a quick ratio of 1.19 and a current ratio of 1.88. The firm has a market cap of $10.67 billion, a price-to-earnings ratio of 16.20, a P/E/G ratio of 1.34 and a beta of 1.03.

Pentair (NYSE:PNR) last announced its earnings results on Tuesday, July 28th. The industrial products company reported $1.14 earnings per share for the quarter, topping the consensus estimate of $1.12 by $0.02. Pentair had a net margin of 15.98% and a return on equity of 21.92%. The business had revenue of $932.60 million during the quarter, compared to the consensus estimate of $943.24 million. During the same quarter in the prior year, the firm earned $1.39 earnings per share. The business’s quarterly revenue was down 17.0% compared to the same quarter last year. Pentair has set its Q3 2026 guidance at 1.050-1.080 EPS. As a group, analysts anticipate that Pentair will post 4.78 EPS for the current fiscal year.

Hedge Funds Weigh In On Pentair

A number of institutional investors and hedge funds have recently made changes to their positions in the stock. Wexford Capital LP acquired a new stake in shares of Pentair in the third quarter valued at about $26,000. Annis Gardner Whiting Capital Advisors LLC grew its position in Pentair by 71.4% during the fourth quarter. Annis Gardner Whiting Capital Advisors LLC now owns 252 shares of the industrial products company’s stock worth $26,000 after buying an additional 105 shares during the period. Motiv8 Investments LLC acquired a new position in Pentair during the fourth quarter worth about $27,000. Aster Capital Management DIFC Ltd purchased a new position in Pentair in the fourth quarter valued at about $43,000. Finally, Intesa Sanpaolo Wealth Management purchased a new position in Pentair in the fourth quarter valued at about $44,000. 92.37% of the stock is owned by institutional investors and hedge funds.

Pentair News Summary

Here are the key news stories impacting Pentair this week:

• Positive Sentiment: Pentair agreed to acquire Taco Group Holdings for approximately $1.4 billion, or about 10.5 times estimated 2026 EBITDA. The hydronic and water-based solutions provider would expand Pentair’s offerings in HVAC, water infrastructure and data centers, including markets benefiting from data-center growth. Pentair to Acquire Taco Group Holdings
• Positive Sentiment: Adjusted second-quarter EPS was $1.14, slightly above the $1.12 analyst consensus, and the company repurchased $150 million of stock. Robert W. Baird retained an “outperform” rating, although it lowered its price target from $83 to $80, still implying substantial upside from recent levels.
• Neutral Sentiment: Pentair reaffirmed its broader outlook while introducing third-quarter adjusted EPS guidance of $1.05–$1.08. Management expects the Taco transaction to strengthen long-term growth, but the acquisition will increase capital commitments and integration risk.
• Negative Sentiment: Second-quarter revenue fell 17% year over year to $932.6 million, below the $943.2 million consensus, while GAAP EPS declined to $0.80 from $0.90. Pool sales plunged 42% as channel partners destocked inventory by roughly $170 million; Flow sales rose 5%, but Water Solutions sales fell 5%. Pentair Reports Second Quarter 2026 Results
• Negative Sentiment: Multiple law firms announced securities-fraud or shareholder-rights investigations concerning Pentair’s disclosures about Pool-segment destocking and a CFO departure. These announcements do not establish wrongdoing, but they add reputational and potential legal risk after the stock’s recent decline. Pentair Securities Fraud Investigation

About Pentair

Pentair plc (NYSE: PNR) is a global provider of water treatment and fluid management solutions. The company designs, manufactures and sells a broad range of products that move, treat, monitor and control the flow of water and other fluids across residential, commercial, industrial and municipal markets. Pentair’s offerings are focused on improving water quality, conserving resources and enabling efficient fluid handling in applications from household water systems and pools to large-scale industrial and municipal installations.

Product lines include pumps and pumping systems, water filtration and purification equipment, valves and controls, heat exchangers, pool and spa systems, and a range of aftermarket parts and services.