Pentair (NYSE:PNR) Issues 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.

Wall Street Analysts Forecast Growth

A number of equities analysts have recently commented on PNR shares. The Goldman Sachs Group raised their target price on shares of Pentair from $93.00 to $103.00 and gave the company a “neutral” rating in a research note on Wednesday, October 23rd. Royal Bank of Canada reissued an “outperform” rating and issued a $115.00 price objective on shares of Pentair in a research report on Thursday, November 21st. Barclays upped their target price on Pentair from $108.00 to $120.00 and gave the stock an “overweight” rating in a research report on Thursday, December 5th. StockNews.com downgraded Pentair from a “buy” rating to a “hold” rating in a report on Wednesday, October 23rd. Finally, JPMorgan Chase & Co. upped their price target on Pentair from $106.00 to $110.00 and gave the stock a “neutral” rating in a report on Wednesday, October 23rd. Seven equities research analysts have rated the stock with a hold rating and ten have given a buy rating to the stock. Based on data from MarketBeat.com, Pentair has an average rating of “Moderate Buy” and a consensus price target of $111.25.

Pentair Stock Up 1.5 %

Shares of PNR stock traded up $1.45 during trading hours on Wednesday, hitting $99.71. 541,603 shares of the company were exchanged, compared to its average volume of 1,348,641. The stock has a market capitalization of $16.47 billion, a price-to-earnings ratio of 24.86, a P/E/G ratio of 1.65 and a beta of 1.20. Pentair has a one year low of $72.30 and a one year high of $110.71. The business’s 50-day simple moving average is $103.51 and its two-hundred day simple moving average is $97.10. The company has a debt-to-equity ratio of 0.47, a quick ratio of 0.91 and a current ratio of 1.60.

Pentair (NYSE:PNR) last released its earnings results on Tuesday, February 4th. The industrial products company reported $1.08 EPS for the quarter, topping analysts’ consensus estimates of $1.02 by $0.06. Pentair had a return on equity of 20.48% and a net margin of 16.29%. The company had revenue of $972.90 million for the quarter, compared to the consensus estimate of $970.95 million. During the same quarter last year, the business posted $0.87 EPS. Pentair’s quarterly revenue was down 1.2% compared to the same quarter last year. Sell-side analysts predict that Pentair will post 4.28 EPS for the current fiscal year.

Pentair Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Friday, February 7th. Shareholders of record on Friday, January 24th will be issued a $0.25 dividend. The ex-dividend date of this dividend is Friday, January 24th. This represents a $1.00 dividend on an annualized basis and a yield of 1.00%. This is a boost from Pentair’s previous quarterly dividend of $0.23. Pentair’s dividend payout ratio (DPR) is currently 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.