10 Best Dividend Aristocrat Stocks to Buy in 2026

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6. Pentair plc (NYSE:PNR)

Number of Hedge Fund Holders: 48

On April 20, Shaun Calnan at Bank of America lowered the price recommendation on Pentair plc (NYSE:PNR) to $88 from $100. It reiterated an Underperform rating on the shares. The firm expects Q1 earnings to come in at the low end of guidance for most building product manufacturers and distributors. It also reduced its 2026 and 2027 EPS forecasts for the group by 4% and 3%, respectively, as noted in an earnings preview.

On April 14, Stifel Financial lowered its price target on Pentair to $110 from $126 while maintaining a Buy rating. The firm said Q1 earnings season is likely to “provide few surprises or guidance changes to act as catalysts” across its flow control and multi-industry coverage, according to its preview.

Pentair plc (NYSE:PNR) provides a broad range of water solutions designed to be smart and sustainable. It serves homes, businesses, and industrial customers globally. The company operates through three segments: Flow, Water Solutions, and Pool.

While we acknowledge the potential of PNR as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an AI stock that is more promising than PNR and that has 100x upside potential, check out our report about the cheapest AI stock.

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