공고 • Aug 06
Pentair plc Faces Securities Fraud Class Action over Alleged Misrepresentations About Pool Inventory Pentair plc had a securities fraud class action lawsuit filed on behalf of Pentair investors after its stock plummeted 15% because Pentair allegedly misled investors about its pool inventory, leading to significant declines in segment sales and income. The class action lawsuit has been filed against Pentair plc and certain of the company’s senior executives for securities fraud after its significant stock drop resulting from potential violations of the federal securities laws. Investors have until October 2, 2026 to ask the Court to be appointed to lead the case. The complaint asserts securities fraud claims under Sections 10(b) and 20(a) of the Securities Exchange Act of 1934 on behalf of investors in Pentair securities. The class action is pending in the U.S. District Court for the Southern District of New York. It is captioned Walters v. Pentair plc, No. 26-cv-6632. Pentair provides various water solutions, such as filtration, water supply pumps, and fluid treatment products. It has three reportable segments: Flow, Water Solutions, and Pool. The Pool segment designs, manufactures and sells energy-efficient pool equipment and accessories. In fiscal year 2025, the Pool segment accounted for about 37% of net sales and 46% of reportable income. During the relevant period, the company announced that “Sales of $1,037 million, were up 3% compared to sales for the same period last year” and “operating income was $210 million with ROS of 20.3%, an increase of 20 basis points compared to the prior year period.” The Company decreased full-year GAAP and adjusted EPS guidance but failed to disclose any inventory issues. As alleged, Pentair experienced a significant 17% year-over-year decline in sales due to the adverse impact of destocking Pool channel inventory. On July 14, 2026, after hours, Pentair announced that “destocking of inventory in the Pool channel negatively impacted Pool segment sales by approximately $170 million and Pool segment income by approximately $105 million.” As a result, Pentair revealed that it was cutting full-year 2026 sales guidance from a 2-4% increase to a 4-7% decrease. This news caused the price of Pentair stock to decline $11.35 per share, or 15%, from a closing price of $75.68 per share on July 14, 2026, to a closing price of $64.33 per share on July 15, 2026. 공고 • Jul 30
Pentair plc (NYSE:PNR) entered into a definitive agreement to acquire Taco Group Holdings Inc. from White Family for $1.43 billion. Pentair plc (NYSE:PNR) entered into a definitive agreement to acquire Taco Group Holdings Inc. from White Family for $1.43 billion on July 28, 2026. A cash consideration of $1.425 billion will be paid by Pentair plc. As part of consideration, $1.425 billion is paid towards common equity of Taco Group Holdings Inc.,subject to customary adjustments. The purchase price represents a multiple of approximately 10.5x 2026E EBITDA, including approximately $165 million in tax benefits and approximately $30 million in anticipated run-rate cost synergies. Pentair expects to finance the acquisition with a combination of cash on hand and committed bridge financing, which Pentair intends to refinance through a permanent debt issuance. Pentair has received a commitment for a $1.4 billion senior unsecured bridge facility to finance the acquisition. U.S. Bank National Association is serving as lead financing provider. Upon completion of the transaction, Taco is planned to be a part of Pentair’s Water Solutions reportable segment, and it is expected to continue to go-to-market under the Taco brand.
The transaction is subject to customary closing conditions and necessary regulatory approvals. The transaction is expected to close in the fourth quarter of 2026. The transaction is expected to be accretive to Adjusted EPS in Fiscal Year 2027.
Jefferies LLC acted as financial advisor for Pentair plc. Kate Sherburne, Eli M. Isaacs, Lisa R. Pugh, Doriann H. Cain, Thomas M. Duncan, Anthony W. Finnell, Page D. Fleeger, Nicolas Guzman, Craig Komanecki, Cynthia Y. Lee, Nicole J. Leimer, Matthew R. Levy, Joanne C. Lewers, Peter C. Magnuson, George D. Martin, Michael P. Pompeo, Mollie D. Sitkowski, Beata K. Spuhler, Nicole A. Truso, and Jeffrey S. Beck of Faegre Drinker Biddle & Reath LLP acted as legal advisor for Pentair plc. Goldman Sachs & Co. LLC acted as financial advisor for Taco Group Holdings Inc. Doeren Mayhew Advisors, LLC acted as financial advisor for Taco Group Holdings Inc. Loeb & Loeb LLP acted as legal advisor for Taco Group Holdings Inc. Joele Frank, Wilkinson Brimmer Katcher is serving as strategic communications advisor. Reported Earnings • Jul 28
Second quarter 2026 earnings released: EPS: US$0.80 (vs US$0.90 in 2Q 2025) Second quarter 2026 results: EPS: US$0.80 (down from US$0.90 in 2Q 2025). Revenue: US$932.6m (down 17% from 2Q 2025). Net income: US$128.6m (down 13% from 2Q 2025). Profit margin: 14% (in line with 2Q 2025). Revenue is forecast to grow 4.6% p.a. on average during the next 3 years, compared to a 6.9% growth forecast for the Machinery industry in Germany. Over the last 3 years on average, earnings per share has increased by 6% per year but the company’s share price has fallen by 4% per year, which means it is significantly lagging earnings. 공고 • Jul 28
Pentair plc Provides Earnings Guidance for the Third Quarter of the Full Year Ending December 31, 2026 and Updates Earnings Guidance for the Full Year Ending December 31, 2026 Pentair plc provided earnings guidance for the third quarter of the full year ending December 31, 2026 and updated earnings guidance for the full year ending December 31, 2026. For the third quarter, the company estimates GAAP EPS from continuing operations guidance of approximately $0.97 to $1.00, down approximately 11% to 13% compared to the prior year period. The Company expects sales to be down approximately 4% to 6% on a reported basis compared to the third quarter of 2025 as the company right-size channel inventory in preparation of the 2027 pool season. The company also expects operating income approximately down 9% - 12%.
For the full year, the company updated its estimated GAAP EPS from continuing operations to approximately $3.86 to $4.06. The Company also reaffirms guidance of its estimated sales to be down approximately 4% to 7% on a reported basis. The Company’s full year 2026 guidance includes the right-sizing of channel inventory in preparation for the 2027 pool season. The Company’s full year guidance for 2026 does not include the anticipated acquisition of Taco Group Holdings. The company also expects operating income approximately down 1% - 6%. Upcoming Dividend • Jul 17
Upcoming dividend of US$0.27 per share Eligible shareholders must have bought the stock before 24 July 2026. Payment date: 07 August 2026. Payout ratio is a comfortable 25% and this is well supported by cash flows. Trailing yield: 1.7%. Lower than top quartile of German dividend payers (4.7%). Lower than average of industry peers (2.9%). 공고 • Jul 16
Pentair plc Announces CFO Changes Pentair plc announced that it has initiated a search to identify its next Chief Financial Officer (“CFO”) and that Bob Fishman, Pentair’s former Executive Vice President and CFO, has been appointed Interim Executive Vice President and CFO, effective July 14, 2026. Fishman’s appointment follows Nicholas Brazis’ departure from the company on July 10, 2026, to pursue another opportunity at a private company. 
