Stock of the Day

October 7, 2021

Pentair (PNR)

$53.36
+$1.25 (+2.4%)
Market Cap: $8.32B

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. The Water Solutions segment provides commercial and residential water treatment products and systems, including pressure tanks, control valves, activated carbon products, commercial ice machines, conventional filtration products, and point-of-entry and point-of-use water treatment systems, as well as installation and preventative services for use in residential whole home water filtration, drinking water filtration, and water softening solutions, as well as commercial total water management and filtration in foodservice operations. The Pool segment provides residential and commercial pool equipment and accessories comprising pumps, filters, heaters, lights, automatic controls, automatic cleaners, maintenance equipment, and pool accessories for applications in residential and commercial pool maintenance, pool repair, renovation, service, and construction and aquaculture solutions. Pentair plc was founded in 1966 and is headquartered in London, the United Kingdom.

Today's Trend

Pentair plc (NYSE: PNR) is facing mixed news. The completed Taco acquisition provides a strategic growth catalyst, but repeated securities-fraud lawsuit notices and expectations for weaker quarterly earnings are likely weighing on investor sentiment. Overall, the recent news flow appears more negative than positive.

  • Pentair completed its $1.4 billion acquisition of Taco Group Holdings, a provider of hydronic and water-based solutions. Management said the transaction should accelerate growth, broaden Pentair’s smart and sustainable water-solutions portfolio, and create additional exposure to complementary markets. The acquisition could support long-term revenue growth, although investors will monitor financing, integration costs, and the deal’s effect on earnings. Pentair Completes Acquisition of Taco Group Holdings
  • Several law firms issued investor notices ahead of the October 2 deadline for selecting a lead plaintiff in a federal securities class action against Pentair. The notices largely repeat the same underlying case and do not represent a new court finding or determination of wrongdoing. Pentair Securities Class Action Deadline Alert
  • Litigation remains the largest near-term overhang. The lawsuit alleges securities-law violations by Pentair and certain officers on behalf of investors who purchased shares during periods including April 28 through July 14, 2026. Potential legal costs, settlement exposure, and continued uncertainty could pressure the stock, although the allegations remain unproven. Pentair Investor Class Action Announcement
  • Analysts are anticipating a double-digit year-over-year decline in Pentair’s upcoming quarterly earnings. That outlook reinforces concerns about slowing operating performance and may limit the positive impact of the Taco transaction until management provides evidence of improving results. What to Expect From Pentair’s Next Quarterly Earnings Report
← Previous Stock of the DayNext Stock of the Day →

Recent News