Pentair Q1 sales rise 3%, adjusted EPS beats on margin expansion

Pentair

28/04/2026 11:58

Overview

Water solutions provider's Q1 sales rose 3%, a slight beat versus analyst expectations

Adjusted EPS for Q1 increased 10%, beating analyst expectations

Company repurchased $200 mln of shares in the quarter

Outlook

Pentair sees full-year 2026 sales up approximately 2% to 4% on a reported basis

Company expects 2026 GAAP EPS of about $4.83 to $4.93 and adjusted EPS of $5.30 to $5.40

Pentair forecasts Q2 2026 GAAP EPS of $1.39 to $1.42 and adjusted EPS of $1.47 to $1.50

Result Drivers

SEGMENT PERFORMANCE - Flow segment sales rose 11% and segment income climbed 22%, while Water Solutions sales declined 1% and Pool sales increased 1%

MARGIN EXPANSION - Adjusted return on sales expanded 100 basis points to 25.0%, reflecting productivity improvements and operational execution

BUSINESS SYSTEM INITIATIVES - Company cited continued execution of its Pentair Business System initiatives as a driver of sales and earnings growth

Company press release: ID:nBw1ly0Bta

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q1 Sales
Slight Beat*
$1.04 bln
$1.03 bln (17 Analysts)
Q1 Adjusted EPS
Beat
$1.22
$1.17 (17 Analysts)
Q1 EPS
$1.05
Q1 Net Income
$172.40 mln


*Applies to a deviation of less than 1%; not applicable for per-share numbers.

Analyst Coverage

The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 14 "strong buy" or "buy", 4 "hold" and 3 "sell" or "strong sell"

The average consensus recommendation for the industrial machinery & equipment peer group is "buy"

Wall Street's median 12-month price target for Pentair PLC is $112.00, about 21.4% above its April 27 closing price of $92.27

The stock recently traded at 17 times the next 12-month earnings vs. a P/E of 19 three months ago

For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com.

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)