Pentair stock completes Taco deal as Q2 revenue falls

Published on 10/04/2026 at 23:44 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Pentair stock adds Taco for USD 1.4 billion on October 1, while Q2 revenue fell 17 percent to USD 932.60 million. EPS reached USD 1.14 versus USD 1.12.

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Pentair stock (ISIN IE00BLS09M33) closed at USD 53.03 on the NYSE on October 2, 2026, after the water-solutions company completed its USD 1.4 billion acquisition of Taco Group Holdings. According to Yahoo Finance on October 1, 2026, Taco will join Pentair's Water Solutions segment and continue operating under the Taco brand.

Taco expands the water portfolio

The transaction brings hydronic and water-based solutions into Pentair's existing product portfolio. Pentair said the combination is intended to broaden customer access, deepen distribution partnerships and create cross-selling opportunities, while Taco retains a significant presence in Cranston, Rhode Island, according to Yahoo Finance.

The acquisition arrives as Pentair works through pressure in its Pool business. For investors, the strategic value of Taco must therefore be measured against the near-term earnings effect of weaker pool demand and channel inventory adjustments.

Revenue declines in Q2 2026

Pentair reported Q2 2026 revenue of USD 932.60 million, down 17.0 percent from the same period a year earlier. The quarter still delivered EPS of USD 1.14 against a consensus estimate of USD 1.12, according to MarketBeat.

That combination gives the stock a mixed operating signal: the earnings figure exceeded the estimate by USD 0.02, but revenue fell from the prior-year quarter and the next reporting period carries an estimated EPS of USD 1.08, according to Zacks.

Analyst targets remain above the stock

MarketBeat reported a Hold consensus from 18 analysts and an average price target of USD 87.19. The range of views remains wide, with nine Buy ratings, five Hold ratings and four Sell ratings, making the forecast spread an important counterweight to the Taco growth story.

Wolfe Research upgraded Pentair from Peer Perform to Outperform on September 15, 2026, and set a USD 91.00 price target, while TD Cowen cut its target from USD 75.00 to USD 65.00 and kept a Sell rating, according to MarketBeat. Pentair also announced a USD 0.27 quarterly dividend, with October 23, 2026 as the ex-dividend date and November 6, 2026 as the payment date, according to Yahoo Finance.

Stock remains near its yearly low

Pentair stock closed at USD 53.03 on October 2, 2026, up USD 0.15 or 0.28 percent from the prior close of USD 52.88. Its 52-week range was USD 51.81 to USD 113.03, while market capitalization stood at USD 8.5 billion and volume reached 2,256,303 shares.