--- title: "Pentair's Conservative 2026 Guidance a Potential Upside if Residential Improves, RBC Says" type: "News" locale: "en" url: "https://longbridge.com/en/news/274855489.md" description: "Pentair's Q4 results met expectations, but the company is conservative in its 2026 guidance, anticipating flat residential volumes. RBC Capital Markets views this outlook as a potential upside if residential volumes improve. The brokerage has lowered its 2026 earnings estimate to $5.30 and maintained an outperform rating, reducing the price target to $117. Pentair shares rose 3.6% recently, trading at $98.18." datetime: "2026-02-04T18:11:00.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/274855489.md) - [en](https://longbridge.com/en/news/274855489.md) - [zh-HK](https://longbridge.com/zh-HK/news/274855489.md) --- > Supported Languages: [简体中文](https://longbridge.com/zh-CN/news/274855489.md) | [繁體中文](https://longbridge.com/zh-HK/news/274855489.md) # Pentair's Conservative 2026 Guidance a Potential Upside if Residential Improves, RBC Says 01:11 PM EST, 02/04/2026 (MT Newswires) -- Pentair's ( PNR ) Q4 results were in line and Q1 guidance was consistent with seasonality, but the company is staying conservative on its 2026 guidance, assuming flat residential volumes throughout the year, RBC Capital Markets said in a note Tuesday. The brokerage said this conservative outlook makes it a "key swing factor" if residential volumes improve. The company also continues to benefit from its transformation strategy, with management saying "transformation is a long way from over" and indicating a runway for savings and operational efficiencies beyond 2026, according to the note. Market sentiment is cautious, believing that current changes may stop cost benefits by the end of 2026, the note said. The brokerage lowered its 2026 earnings estimates to $5.30 from $5.35 previously, while awaiting more details on longer-term initiatives when the company holds its investor day on March 4. RBC maintained its outperform rating on the stock and lowered its price target to $117 from $124. Shares of Pentair ( PNR ) were up 3.6% in recent trading Wednesday. Price: 98.18, Change: +3.39, Percent Change: +3.58 MT Newswires does not provide investment advice. Unauthorized reproduction is strictly prohibited. ### Related Stocks - [Invesco Water Resources ETF (PHO.US)](https://longbridge.com/en/quote/PHO.US.md) - [Invesco S&P Global Water ETF (CGW.US)](https://longbridge.com/en/quote/CGW.US.md) - [Vanguard Utilities ETF (VPU.US)](https://longbridge.com/en/quote/VPU.US.md) - [Pentair plc (PNR.US)](https://longbridge.com/en/quote/PNR.US.md) - [Global X Clean Water ETF (AQWA.US)](https://longbridge.com/en/quote/AQWA.US.md) - [Invesco Global Water ETF (PIO.US)](https://longbridge.com/en/quote/PIO.US.md) - [First Trust Water ETF (FIW.US)](https://longbridge.com/en/quote/FIW.US.md) ## Related News & Research - [Pentair Stock: Is PNR Underperforming the Industrial Sector?](https://longbridge.com/en/news/269670230.md) - [Pentair Q3 Adjusted Earnings, Revenue Rise; 2025 Adjusted Earnings Outlook Raised](https://longbridge.com/en/news/262045591.md) - [RBC Previews This Week's Merchandise Trade Data in Canada](https://longbridge.com/en/news/278407346.md) - [Bank of America Co-President Dean Athanasia speaking at the 2026 RBC Capital Markets Global Financial Institutions Conference](https://longbridge.com/en/news/278596081.md) - [RBC Capital Keeps Their Buy Rating on International Consolidated Airlines (IAG)](https://longbridge.com/en/news/278489185.md)