Pentair

Pentair shares hit a new 52-week low of $57.59, leaving them down about 43% year-to-date and down 47.02% over the past year. The stock has lost nearly 36% in the last six months. Data from InvestingPro suggest the shares may be undervalued versus their fair value, while Pentair has paid a dividend for 51 years and most recently raised it six years in a row. In Q2, Pentair beat earnings estimates (adjusted EPS $1.14 vs. $1.12 expected), but missed revenue expectations and confirmed its full-year guidance; the company also announced a $1.4 billion acquisition of Taco. » Mere på de.investing.com

Pentair Pool has integrated the IntelliFlo3 pool pump into Pool Brain’s service management platform. The Wi‑Fi‑enabled pump delivers performance and circulation data directly to Pool Brain via the Lighthouse data stream, allowing service technicians to receive alerts, remote diagnostics and daily status reports within a single workflow. The integration enables proactive service management and monitoring of pool equipment between onsite visits. » Mere på de.investing.com

Pentair shares slid about 7.2% in premarket trading after Q2 revenue of $933m (‑17% year‑over‑year) came in well below consensus. Adjusted EPS of $1.14 only narrowly beat estimates; CEO John Stauch blamed a larger‑than‑expected inventory correction in the pool distribution channel for the decline (roughly $170m in revenue and $105m in EBIT impact). At the same time, Pentair announced the acquisition of Taco Group for about $1.4bn, which raises balance‑sheet risks, while a CFO transition and a neutral full‑year outlook added to investor distrust. Investors are awaiting the earnings call for details on the timing of the inventory drawdown. » Mere på de.investing.com

Pentair has signed a definitive agreement to acquire Taco Group Holdings for about $1.4 billion. The price equals roughly 10.5 times expected 2026 EBITDA and reflects tax benefits of about $165 million as well as expected annual cost synergies of around $30 million. Taco expects 2026 revenue of about $540 million and an adjusted EBITDA margin above 20%. Closing is expected in the fourth quarter of 2026; financing will come from cash and a bridge loan. Pentair expects net leverage of about 2.4x after closing, to be reduced to below 1.5x within two years. » Mere på de.investing.com

The stock fell about 15% intraday after the company issued a profit warning and reported preliminary Q2 revenue of roughly $930m — about 17% below prior guidance and well below the analyst consensus. Pentair blamed an aggressive inventory reduction in the pool equipment channel for estimated revenue losses of $170m and a segment profit decline of about $105m. The full-year revenue outlook was cut to a decline of 4% to 7%, and CFO Nicholas Brazis left the company after four months; Bob Fishman is returning as interim CFO. RBC Capital Markets cut its rating to "Sector Perform" and lowered its price target; the stock fell to a 52-week low of $57.93. » Mere på de.investing.com