PENTAIR plc — Form 8-K
Filed July 14, 2026 · analyzed by the 8-K Agent
8-K
▼ Likely negative
significance 68/100
What the filing says
Nicholas Brazis departed as CFO on July 10, 2026, for a private company role; Bob Fishman (former EVP/CFO, 6-year tenure) appointed Interim EVP/CFO effective immediately. Q2 2026 sales revised down 17% to ~$930M (vs. prior +1% guide) due to Pool channel inventory destocking (~$170M impact); Q2 Adjusted EPS cut to $1.12 vs. $1.47–$1.50 prior. Full-year 2026 sales now guided down 4–7% (vs. +2–4%), Adjusted EPS down to $4.60–$4.80 vs. $5.30–$5.40; Pool segment sales hit ~$250M, income hit ~$155M for full year. ~$35–$50M IEEPA tariff refunds partially offset. Q2 share repurchase: 2.0M shares for $150M.
Why this rating
Material guidance miss (10–15% EPS downside) + CFO departure + operational headwinds justify 'significant.' For $16.6B company, ~$250M Pool sales hit is ~1.5% revenue; $155M income hit ~2.4% pre-tax earnings. Not transformation-altering, but real near-term pressure with 2027 recovery uncertain.
See more from July 14, 2026.
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