Pentair plc
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If you suffered a loss on your Pentair plc investments or would like to inquire about joining an action to recover your loss under the federal securities laws, please complete the form below. Please note that submission of this form does not by itself form an attorney-client relationship nor does filling out this form mean you have joined any lawsuit.
Background
On July 15, 2026, Pentair released certain second quarter 2026 financial results, disclosing among other things, a significantly lowered 2026 outlook and that “the company 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.”
The Company also announced the departure of its Chief Financial Officer, effective immediately.
On this news, Pentair’s stock price fell $11.35, or 15%, to close at $64.33 per share on July 15, 2026, thereby injuring investors.
The complaint filed in this class action alleges that between April 28, 2026 and July 14, 2026, Defendants failed to disclose to investors: (1) that there was significant destocking of inventory in the Pool channel; (2) that, as a result, the Company’s sales and operating income were adversely affected; and (3) that, as a result of the foregoing, Defendants’ positive statements about the Company’s business, operations, and prospects were materially misleading and/or lacked a reasonable basis.
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