Pool Corporation (NASDAQ:POOL) had its price target lifted by Robert W. Baird from $125.00 to $131.00 in a research note published on Friday morning. The brokerage currently has an outperform rating on the specialty retailer’s stock.

A number of other equities research analysts have also recently commented on the company. Zacks Investment Research cut Pool Corporation from a buy rating to a hold rating in a research note on Tuesday, July 4th. Johnson Rice upgraded Pool Corporation from an accumulate rating to a buy rating in a research note on Monday, July 24th. BidaskClub cut Pool Corporation from a strong-buy rating to a buy rating in a research note on Sunday, July 16th. Finally, Sidoti upgraded Pool Corporation from a neutral rating to a buy rating and lifted their target price for the stock from $119.00 to $131.00 in a research note on Friday, September 15th. One investment analyst has rated the stock with a sell rating and five have given a buy rating to the company. Pool Corporation presently has an average rating of Buy and an average target price of $127.25.

Pool Corporation (NASDAQ POOL) opened at 120.96 on Friday. The company has a market capitalization of $4.99 billion, a price-to-earnings ratio of 31.44 and a beta of 0.92. Pool Corporation has a 12 month low of $90.51 and a 12 month high of $124.25. The stock has a 50 day moving average of $108.98 and a 200 day moving average of $113.86.

Pool Corporation (NASDAQ:POOL) last released its earnings results on Thursday, October 19th. The specialty retailer reported $1.16 EPS for the quarter, topping the Zacks’ consensus estimate of $1.14 by $0.02. The company had revenue of $743.40 million for the quarter, compared to analysts’ expectations of $727.95 million. Pool Corporation had a return on equity of 69.28% and a net margin of 6.19%. The business’s revenue for the quarter was up 7.5% compared to the same quarter last year. During the same period in the previous year, the business posted $1.03 EPS. Equities analysts anticipate that Pool Corporation will post $4.06 EPS for the current fiscal year.

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Institutional investors have recently made changes to their positions in the stock. FNY Partners Fund LP bought a new stake in Pool Corporation in the 1st quarter valued at about $126,000. Northwestern Mutual Wealth Management Co. raised its stake in Pool Corporation by 1,198.9% in the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 1,143 shares of the specialty retailer’s stock valued at $134,000 after acquiring an additional 1,055 shares during the period. Huntington National Bank raised its stake in Pool Corporation by 27.9% in the 2nd quarter. Huntington National Bank now owns 1,481 shares of the specialty retailer’s stock valued at $174,000 after acquiring an additional 323 shares during the period. Daiwa Securities Group Inc. bought a new stake in Pool Corporation in the 2nd quarter valued at about $188,000. Finally, Zurcher Kantonalbank Zurich Cantonalbank raised its stake in Pool Corporation by 13.0% in the 2nd quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 1,606 shares of the specialty retailer’s stock valued at $189,000 after acquiring an additional 185 shares during the period. Institutional investors and hedge funds own 92.51% of the company’s stock.

About Pool Corporation

Pool Corporation is a distributor of swimming pool supplies, equipment and related leisure products. The Company is a distributor of irrigation and landscape products in the United States. As of December 31, 2016, the Company operated 344 sales centers in North America, Europe, South America and Australia, through its four distribution networks, including SCP Distributors (SCP), Superior Pool Products (Superior), Horizon Distributors (Horizon) and National Pool Tile (NPT).

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