EXPANDED CLASS PERIOD - Glancy Prongay Wolke & Rotter LLP, a Leading Securities Fraud Law Firm Encourages Pentair plc (PNR) Shareholders To Inquire About Securities Fraud Class Action
Glancy Prongay Wolke & Rotter LLP, a leading national shareholder rights law firm, announces that a securities fraud class action lawsuit has been filed on behalf of investors who purchased or otherwise acquired Pentair plc (“Pentair” or the “Company”) (NYSE: PNR) common stock between March 11, 2026 and July 14, 2026, inclusive (the “Class Period”). Pentair plc investors have until October 2, 2026 to file a lead plaintiff motion.
IF YOU SUFFERED A LOSS ON YOUR PENTAIR PLC (PNR) INVESTMENTS, CLICK HERE TO INQUIRE ABOUT POTENTIALLY PURSUING CLAIMS TO RECOVER YOUR LOSS UNDER THE FEDERAL SECURITIES LAWS
What Happened?
On July 14, 2026, after the market closed, Pentair released its preliminary second quarter 2026 financial results, disclosing that “the [C]ompany estimates that the destocking of inventory in the Pool channel negatively impacted Pool segment sales by approximately $170 million and Pool segment income by approximately $105 million.” As a result, second quarter 2026 sales were expected to be “down 17 percent versus the prior guide of approximately 1 percent” and full year 2026 “[s]ales are expected to be down approximately 4 percent to 7 percent versus prior guide of up 2 percent to 4 percent[.]” The Company also announced thedeparture of its Chief Financial Officer, effective immediately.
