Pentair plc (PNR) Reports Quarterly Cash Dividend of $0.27

Pentair plc (NYSE:PNR) is among the Best Industrial Stocks.

On May 4, Pentair plc (NYSE:PNR) declared a quarterly cash dividend of $0.27 per share, payable August 7, 2026, to shareholders of record on July 24, 2026. This marks the company’s fiftieth consecutive year of dividend growth.

On April 28, Pentair plc (NYSE:PNR) reported that first-quarter 2026 sales were $1.037 billion. It grew by 3% YoY. The firm’s earnings were a GAAP EPS of $0.98, up 5%, and an adjusted EPS of $1.22, with a 10% rise. The company stated that operating income hit $210 million, with a 20.3% return on sales, increasing by 20 basis points.

CEO John L. Stauch said that execution across the portfolio “drove another quarter of sales and earnings growth,” pointing out higher output and margins. Pentair plc (NYSE:PNR) also stated it repurchased $200 million in shares during the quarter.

Pentair plc (PNR) Reports Quarterly Cash Dividend of $0.27

Pentair plc (NYSE:PNR) has changed its targets for the whole year. The company now expects the GAAP EPS of $4.83 to $4.93. It also estimates adjusted EPS of $5.30 to $5.40.

Pentair plc (NYSE:PNR) provides water solutions. These solutions cater to residential, commercial, industrial, infrastructure, and agricultural needs. The company operates through three segments: Flow, Water Solutions, and Pool.

While we acknowledge the risk and potential of PNR as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and doing so within a shorter time frame. If you are looking for an AI stock that is more promising than PNR and that has 10,000% upside potential, check out our report about this cheapest AI stock.

READ NEXT: 33 Stocks That Should Double in 3 Years and Cathie Wood 2026 Portfolio: 10 Best Stocks to Buy. 

Disclosure: None. Follow Insider Monkey on Google News.