Wolfe Research Upgrades Pentair to Outperform from Peer Perform
Fintel reports that on September 15, 2026, Wolfe Research upgraded their outlook for Pentair (NYSE:PNR) from Peer Perform to Outperform. This rating action follows a prior move by Wolfe Research on July 9, 2026, when the firm downgraded Pentair from Outperform to Peer Perform.
Pentair plc is a global company headquartered in London, United Kingdom. Specializing in water treatment and sustainable solutions, Pentair operates primarily in the industrial sector, focusing on the management and filtration of water and other fluids. The company's key projects revolve around improving water use efficiency, providing advanced filtration technologies, and enhancing energy savings in water-related operations. Its diverse product portfolio includes water filters, pumps, valves, and automation systems, designed for both residential and industrial applications.
Prior to the rating action, Pentair's stock closed at $56.18 on September 14, 2026. This latest close represents a price change of -6.69% over one week, relative to a baseline close of $60.21 on September 4, 2026. Over a one-month period, the stock experienced a price change of -15.08% from a baseline close of $66.16 on August 14, 2026.
The company's latest earnings report was released on July 28, 2026. Pentair reported actual earnings per share of 1.14, which fell below the estimated earnings per share of 1.2074, representing an earnings surprise of -5.58%. Actual revenue for the quarter was $932,600,000.00, compared to the estimated revenue of $967,644,367.00.
As of September 14, 2026, the current consensus target mean for Pentair stands at $79.02, with a median target of $80.58. This mean target represents an implied change of +40.65% from the pre-action close of $56.18. The prior consensus target mean was also $79.02 as of August 28, 2026, reflecting a consensus target revision of 0.00%.
According to recommendation data for the period ending September 1, 2026, the current analyst consensus includes 6 strong buy, 4 buy, 9 hold, and 3 sell recommendations, totaling 22 recommendations. This distribution translates to 45.5% positive, 40.9% hold, and 13.6% negative recommendations. In the prior period ending August 1, 2026, the total recommendations stood at 23, consisting of 6 strong buy, 5 buy, 9 hold, and 3 sell recommendations, which represented 47.8% positive, 39.1% hold, and 13.0% negative recommendations.
Recent analyst actions
| Date | Analyst | Prior | Latest recommendation | Action |
|---|---|---|---|---|
| September 15, 2026 | Wolfe Research | Peer Perform | Outperform | upgrade |
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This story originally appeared on Fintel.