Jefferies upgrades Pentair stock as 2026 outlook is cut
Published on 10/08/2026 at 15:34 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS
Pentair plc (IE00BLS09M33) was trading at EUR 46.31 at Lang & Schwarz on October 8, 2026, down 1.36 percent versus the prior close of EUR 46.95. Simply Wall St reported on October 8, 2026 that Pentair's 2026 revenue outlook called for a decline of 4.00 percent to 7.00 percent. MarketBeat reported that Jefferies upgraded the stock to Strong Buy.
Three dates show the reset
On July 29, 2026, Pentair reported second-quarter revenue of USD 932.60 million, down 17.00 percent year over year, while diluted earnings per share reached USD 0.80. The quarter ended June 30, 2026, and operating cash flow was USD 571.80 million.
On October 1, 2026, Pentair completed its USD 1.40 billion acquisition of Taco Group Holdings, according to Pentair. The transaction expands the water portfolio while the outlook reset points to continuing pressure in the Pool business.
On October 8, 2026, Simply Wall St described the revised outlook as a shift from earlier expectations of 2.00 percent to 4.00 percent growth to a 4.00 percent to 7.00 percent decline. That quantified reversal is the central issue for the next earnings update.
What dates matter next?
Pentair's next dated shareholder event is October 23, 2026, the record date for its USD 0.27 quarterly dividend, with payment scheduled for November 6, 2026, according to Business Wire. The next earnings date is listed as October 26, 2026 by Investing.com.
Stock remains near yearly low
The Lang & Schwarz price was EUR 46.31 at 2:39 p.m. CEST on October 8, 2026. The primary NYSE quote was USD 52.19 at 4:00 p.m. EDT on October 7, 2026, with a 52-week range of USD 51.64 to USD 112.26 and market capitalization of USD 8.3 billion. The separate currency views underline the sharp gap between the German trading indication and the US listing. The further course of trading is shown by the continuously updated real-time quote of Pentair plc stock.
Pentair plc stock facts
- Company: Pentair plc
- ISIN: IE00BLS09M33
- Ticker: PNR
- Primary exchange: NYSE
- Price Lang & Schwarz (as of October 8, 2026, 2:39 p.m. CEST): EUR 46.31
- Change versus prior close: minus 1.36 percent
- Prior close Lang & Schwarz (October 7, 2026): EUR 46.95
- Market capitalization: USD 8.3 billion (as of October 7, 2026)
- 52-week range: USD 51.64-112.26 (as of October 7, 2026)
- Sector / Industry: Industrials / Industrial Machinery
- Index membership: S&P 500
- Next earnings date: October 26, 2026
Market context: Market report S&P 500.
