Pentair Plc (PNR)_ Strong margins drive EPS beat; 2026 ROS guidance raised on lower revenue due to transformation efforts; Neutral
2025-02-09 04:54
4 February 2025 | 11:42PM EST +1(917)343-3110 | brian.k.lee@gs.com Goldman Sachs & Co. LLC Nick Cash +1(212)357-6372 | nick.cash@gs.com Goldman Sachs & Co. LLC | PNR 12m Price Target: $104.00 | | --- | | Price: $98.26 | | Upside: 5.8% | PNR reported solid 4Q24 results, with margins and EPS exceeding expectations. While sales guidance was a slight disappointment, mostly due to the resi recovery taking longer than expected to materialize among other headwinds (e.g., FX and progressing 80/20), the company is c ...