Key statistics
Previous close$65.69
Open$65.04
Day high$65.90
Day low$62.11
52-week high$113.95
52-week low$57.60
Market cap10.09B
Volume5.02M
Average volume2.56M
P/E ratio12.42
Forward P/E—
EPS5.03
Dividend yield+1.67%
Market context
Why it moved
Pentair's stock continued to decline following its preliminary Q2 2026 earnings announcement, which revealed a dramatic ~17% drop in sales versus expectations, a significant cut to full-year guidance, and the sudden departure of its CFO, compounded by a securities fraud investigation launched by law firm Kirby McInerney LLP.
What is happening
Recent company-specific developments and publisher coverage.
July 18, 2026Pentair shares tumbled nearly 5% on heavy volume — more than double the average — as Wall Street continued to reprice the water solutions company following last week's devastating preannouncement. On July 14, Pentair shocked investors with a preliminary Q2 miss of roughly $210 million versus consensus, attributing the shortfall to severe pool channel destocking that wiped ~$170M from Pool segment sales. Full-year guidance was slashed to a 4–7% revenue decline from prior guidance of 2–4% growth, while the simultaneous disclosure of a CFO departure after just four months deepened the selloff. Stifel cut its rating to Hold with a $65 target (from $103), joining RBC and Wolfe Research in downgrading PNR, and Goldman Sachs trimmed its target to $72. Securities fraud investigations were also launched by multiple law firms. Complete Q2 results and a management call are scheduled for July 28.-4.9323
July 17, 2026Pentair shares rebounded, recovering a portion of the prior session's steep sell-off that sent the stock to a new 52-week low after the company's shocking July 14 pre-announcement. The water technology company disclosed Q2 2026 sales of roughly $930 million — about 17% below prior guidance — driven by severe pool channel inventory destocking that alone wiped out ~$170 million in Pool segment revenue. A simultaneous CFO departure after just four months added to the turmoil, triggering a wave of analyst downgrades: Stifel cut to Hold with a $65 target, Goldman Sachs lowered its target to $72 (Neutral), RBC slashed to $74 (Sector Perform), and BNP Paribas reiterated Underperform with a $64 target. Oppenheimer was a notable exception, maintaining Outperform while cutting its target to $94, citing upside potential from a residential demand recovery. Securities fraud investigations by Block & Leviton and Hagens Berman added further uncertainty, as lawyers probe whether prior pool channel guidance was misleading. Investors are now focused on Pentair's full Q2 report scheduled for July 28.2.1141
July 16, 2026Pentair plunged 15% — the biggest single-day drop on the S&P 500 — after the water solutions company disclosed a deeply disappointing preliminary Q2 2026 update and slashed its full-year outlook. Pool channel destocking wiped out approximately $170 million in Q2 Pool segment sales, driving revenue to ~$930 million, roughly 17% below prior guidance. Full-year adjusted EPS guidance was cut to $4.60–$4.80 from $5.25–$5.40, with sales now expected to decline 4–7% versus prior growth guidance of 2–4%. Compounding the shock, CFO Nicholas Brazis departed July 10 after just four months, with former CFO Bob Fishman stepping in on an interim basis. RBC Capital downgraded PNR to Sector Perform and slashed its price target to $74 from $101, while Seaport Global also downgraded to Neutral. RBC flagged additional concern that distributors may be shifting toward lower-cost Chinese pool pumps over Pentair's higher-margin products. Securities fraud investigations were also launched by multiple law firms. The selloff was entirely company-specific, as the broader S&P 500 closed higher on cooling inflation data.-14.9974
July 15, 2026Pentair plc shares closed modestly lower on the regular session but plunged over 14% in after-hours trading after the company issued a dramatic guidance cut tied to severe pool channel destocking. Pentair slashed its Q2 sales outlook to ~$930M from $1.134B and cut full-year adjusted EPS guidance to $4.60–$4.80 from $5.30–$5.40, estimating that pool channel inventory destocking alone cost the segment roughly $170M in sales. Compounding investor concern, the company also announced an unexpected CFO transition, naming former CFO Bob Fishman as interim finance chief following the departure of Nicholas Brazis.-1.1107
July 11, 2026Pentair closed up roughly 2% despite a Wolfe Research downgrade to Peerperform from Outperform, with analyst Nigel Coe slashing his price target from $135 to $88 on concerns over market share losses in the pool segment and skepticism that the company can achieve its 200 bps cumulative margin expansion target through 2028 without volume leverage. The stock's resilience likely reflects bargain-hunting near multi-year valuation lows — shares trade at just 13x NTM earnings, close to all-time lows and down roughly 29% year-to-date — while the broader industrials sector also provided a tailwind.2.1725
July 10, 2026Pentair plc closed up nearly 2% despite a significant headwind from Wolfe Research, which downgraded the stock to Peerperform from Outperform, citing ongoing market share losses in its pool segment and a lack of near-term growth catalysts. Analyst Nigel Coe slashed his year-end 2026 fair value target to $88 from $111, flagging that aggressive 80/20 operational initiatives generated more volume pressure than expected and that pool leadership was recently changed. With the stock trading near all-time low P/E multiples of ~13x NTM earnings and down roughly 29% year-to-date, some investors appear to be treating the selloff as an opportunity — InvestingPro flagged the shares as potentially undervalued — even as TD Cowen maintains a Sell with a $75 target and the broader pool recovery timeline remains uncertain.1.7882
July 9, 2026Pentair plc shares declined amid a broad risk-off selloff after President Trump declared the Iran peace agreement 'over,' sending oil prices surging more than 5% and reigniting inflation fears. The geopolitical shock hit the industrials sector broadly — the XLI ETF fell roughly 2% — as rising energy costs and higher Treasury yields (touching a four-week peak near 4.47%) compressed margin outlooks for capital-intensive machinery and water solutions companies like Pentair. The selloff follows a period of sector outperformance, with industrials having gained over 7% in June and 20% year-to-date, leaving valuations more exposed to macro headwinds.-2.5539
July 6, 2026Pentair plc shares declined in regular trading, underperforming as the Industrials sector (XLI) fell ~1% on the session despite the Dow Jones hitting a record high. Investor attention is squarely focused on the upcoming Q2 2026 earnings report, where analysts expect adjusted EPS of $1.48 (up ~6.5% YoY), but sentiment remains cautious following the stock's sharp 10% drop after Q1 results in April, when management flagged "limited to no U.S. residential recovery" and free cash flow deteriorated to -$86 million. With shares down roughly 27.5% over the past 52 weeks versus the S&P 500's ~20% gain, the consensus "Moderate Buy" rating and average price target of ~$101 suggest analysts see significant long-term upside, but near-term headwinds in residential water demand and weak cash flow trends continue to weigh on sentiment.-1.5511
Barron's · July 16, 2026Pentair Stock Tanks on Slashed Guidance, Weak Earnings, and CFO Resignation↗Seeking Alpha · July 15, 2026Pentair faces fresh pressure after profit earning, guidance cut, CFO exit: RBC (PNR:NYSE)↗Benzinga · July 15, 2026Pentair Stock Plunges as Pool Destocking Forces Deep 2026 Guidance Cut - Pentair (NYSE:PNR)↗Business Wire · July 14, 2026Pentair Announces Chief Financial Officer Transition and Provides Preliminary Second Quarter 2026 Financial Results, Revises Full Year 2026 Guidance, and Schedules Second Quarter 2026 Investor Call↗Stock Titan · July 14, 2026Pentair plc (NYSE: PNR) cuts 2026 guidance after pool channel destocking↗Moomoo · July 9, 2026Wolfe Research Downgrades Pentair(PNR.US) to Hold Rating, Cuts Target Price to $88↗ Benzinga · July 16, 2026BNP Paribas Reiterates Underperform on Pentair, Lowers Price Target to $64Benzinga · July 16, 2026Goldman Sachs Maintains Neutral on Pentair, Lowers Price Target to $72Mt Newswire · July 16, 2026Pentair's Anticipated Q2 Earnings Miss, 2026 Guidance Cut Largely Pool-Driven, Oppenheimer SaysBenzinga · July 16, 2026Leslie's Stock Climbs; Pentair's Weak Guidance Highlights Pool IssuesBenzinga · July 16, 2026Oppenheimer Maintains Outperform on Pentair, Lowers Price Target to $94Mt Newswire · July 16, 2026BNP Paribas Adjusts Price Target on Pentair to $64 From $75, Maintains Underperform RatingMt Newswire · July 16, 2026Goldman Sachs Adjusts Price Target on Pentair to $72 From $91, Maintains Neutral RatingMt Newswire · July 15, 2026Update: Wall Street Extends Gains on Further Signs of Cooling Inflation
