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Pentair Stock Jumps 11% After Q3 Earnings Beat

SEC / Pentair2 min read5 sources

Why is Pentair stock up today?

Pentair (PNR) stock rose 11% to $61.33 on Tuesday after a third-quarter earnings beat, as its pool business finished clearing out excess inventory that had weighed on sales.

Key numbers

Share price$61.33+11.1% from $55.22; opened +12.0% per [4]
Q3 sales$976M-4% YoY; beat $965.3M estimate
Adjusted EPS$1.18vs $1.24 last year; beat $1.08 estimate
Pool segment sales$291M-18% YoY
Q3 free cash flow$153M$620M year to date (per [3])
2026 adjusted EPS outlook~$4.70reaffirmed

What happened

Pentair (PNR) stock rose 11% to $61.33 on Tuesday after a third-quarter earnings beat, as its pool business finished clearing out excess inventory that had weighed on sales. Sales were $976 million, 4% lower than a year ago but above the $965.3 million analysts expected. Profit per share, adjusted to leave out one-off items, was $1.18 against the $1.08 expected. Pool sales fell 18%, but the two other businesses grew, and the company kept its full-year profit forecast at about $4.70 per share.

Why it matters

Pentair's jump shows investors are betting its rough year is nearing an end. Its shares had lost about 43% since January, in part because pool sales were hit while its retail and distribution partners worked off extra stock. With that cleanup done, management says the pool business is set up for growth in 2027 even without a market recovery. Sales are still falling overall, so the turnaround is early.

Who this affects

Marketmixed
Medium impact
Shareholders gain; investors weigh recovery against still-falling sales.
Companybullish
Medium impact
Shareholders gain as pool inventory cleanup ends; profit outlook held.
Competitorsneutral
Low impact
Impact on water-equipment rivals is unclear; none reported yet.
Industrybullish
Low impact
Pool-equipment suppliers: inventory cleanup may be easing, a mild positive.

Pentair vs Xylem, Watts Water Technologies

PentairPNR$9.8B+11.1%-42.6%
XylemXYL$22.0B—-33.8%
Watts Water TechnologiesWTS$12.1B——

As of 2026-10-27

How we got here

  1. Pentair completed its acquisition of Taco Group Holdings, expected to add to 2027 earnings.

  2. Pentair reported Q3 results above estimates; shares rose about 11%.

What to watch

  • Whether Q4 sales rise the 7–9% Pentair guided, as pool inventory cleanup ends.Q1 2027
  • How Taco contributes to sales and earnings after closing on October 1.2027

Educational content only. Not investment advice.

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