Kehoe Law Firm, P.C. is investigating potential securities fraud claims on behalf of investors of Pentair plc (“Pentair” or the “Company”) (NYSE: PNR).
Pentair Announces Preliminary Financial Results, Reduces Full-Year Financial Guidance & Reports CFO’s Departure
On July 14, 2026, Pentair announced preliminary financial results for the second quarter of 2026, substantially reduced its full-year financial guidance, and announced the departure of its Chief Financial Officer.
Pentair disclosed that it expected second-quarter sales of approximately $930 million, representing a decline of approximately 17%, compared with the Company’s prior expectation of approximately 1% sales growth. Pentair also disclosed that second-quarter adjusted earnings per share were expected to be approximately $1.12, substantially below the Company’s previous guidance of between $1.47 and $1.50 per share.
Pentair further reduced its full-year 2026 guidance, expecting annual sales to decline approximately 4% to 7% compared with its prior forecast for sales growth of approximately 2% to 4%. Pentair also reduced its expected adjusted earnings per share to between $4.60 and $4.80, compared with its previous guidance of between $5.30 and $5.40 per share.
Following these disclosures, the price of Pentair common stock declined sharply trading down more than 15% during intraday trading on July 15, 2026.
Class Action Filed on Behalf of Pentair Investors
On August 3, 2026, a class action lawsuit alleging violations of federal securities laws was filed against Pentair on behalf of persons and entities that purchased or otherwise acquired Pentair securities between April 28, 2026 and July 14, 2026, inclusive (the “Class Period”).
According to the complaint, throughout the Class Period, the Pentair Defendants allegedly made materially false and/or misleading statements and failed to disclose material adverse facts concerning the Company’s business, operations, and prospects. Allegedly, the Pentair Defendants failed to disclose that significant inventory destocking in the Pool channel was adversely affecting the Company’s sales and operating income. As a result, the complaint alleges that Defendants’ positive statements about Pentair’s business, operations, and prospects were materially misleading and/or lacked a reasonable basis.
A copy of the complaint can be viewed by clicking “Pentair Securities Class Action Complaint.”
Pentair Investors May Have Legal Claims
Investors who acquired Pentair securities during the Class Period are encouraged to complete Kehoe Law Firm’s Stockholder Information Request Form or contact Michael Yarnoff, Esq., (215) 792-6676, Ext. 804, [email protected], [email protected], to learn more about the investigation and receive a free, no-obligation evaluation of potential legal claims.
About Kehoe Law Firm, P.C.
Kehoe Law Firm, P.C. is a nationally recognized, plaintiff-side class action firm dedicated to protecting investors and consumers from fraud and misconduct. Our attorneys have served as Lead or Co-Lead Counsel in major securities cases, recovering over $10 billion for institutional and individual investors.
Our firm litigates securities fraud, fiduciary breaches, unfair mergers and acquisitions, and antitrust violations, while also representing whistleblowers and advocating for victims of data breaches, consumer fraud, vehicle and product defects, employment law violations, retirement plan mismanagement, and other corporate and business misconduct. With a results-driven approach, we pursue justice and substantial recoveries for those we represent.
Kehoe Law Firm’s class action legal services are provided on a contingency-fee basis, meaning clients are not responsible for any fees or litigation expenses.
SEND US A MESSAGE
Contact Us
ADDRESS
Kehoe Law Firm, P.C.
2001 Market Street
Suite 2500
Philadelphia, PA 19103