Oak Thistle LLC Buys 6,395 Shares of Pool Corporation $POOL

Oak Thistle LLC boosted its stake in Pool Corporation (NASDAQ:POOL) by 970.4% in the fourth quarter, HoldingsChannel reports. The institutional investor owned 7,054 shares of the specialty retailer’s stock after buying an additional 6,395 shares during the quarter. Oak Thistle LLC’s holdings in Pool were worth $1,614,000 as of its most recent SEC filing.

Several other large investors have also bought and sold shares of the stock. Berkshire Hathaway Inc grew its stake in shares of Pool by 136.3% in the 2nd quarter. Berkshire Hathaway Inc now owns 3,458,885 shares of the specialty retailer’s stock worth $1,008,196,000 after acquiring an additional 1,994,885 shares in the last quarter. Wellington Management Group LLP raised its holdings in shares of Pool by 16.2% in the third quarter. Wellington Management Group LLP now owns 2,563,373 shares of the specialty retailer’s stock valued at $794,825,000 after purchasing an additional 357,643 shares during the last quarter. Worldquant Millennium Advisors LLC lifted its position in shares of Pool by 1,301.7% during the second quarter. Worldquant Millennium Advisors LLC now owns 194,880 shares of the specialty retailer’s stock valued at $56,804,000 after purchasing an additional 180,977 shares in the last quarter. Alliancebernstein L.P. lifted its position in shares of Pool by 157.8% during the third quarter. Alliancebernstein L.P. now owns 113,284 shares of the specialty retailer’s stock valued at $35,126,000 after purchasing an additional 69,333 shares in the last quarter. Finally, Waratah Capital Advisors Ltd. boosted its holdings in Pool by 460.7% during the third quarter. Waratah Capital Advisors Ltd. now owns 71,891 shares of the specialty retailer’s stock worth $22,291,000 after purchasing an additional 59,070 shares during the last quarter. 98.99% of the stock is currently owned by institutional investors.

Insider Buying and Selling at Pool

In other news, SVP Romain Kenneth G. St purchased 5,560 shares of the company’s stock in a transaction dated Monday, February 23rd. The shares were purchased at an average price of $218.67 per share, with a total value of $1,215,805.20. Following the transaction, the senior vice president directly owned 82,845 shares of the company’s stock, valued at approximately $18,115,716.15. This represents a 7.19% increase in their ownership of the stock. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CFO Melanie M. Hart sold 2,750 shares of the stock in a transaction on Tuesday, February 24th. The stock was sold at an average price of $220.00, for a total value of $605,000.00. Following the transaction, the chief financial officer owned 18,039 shares of the company’s stock, valued at $3,968,580. The trade was a 13.23% decrease in their position. The SEC filing for this sale provides additional information. 3.00% of the stock is owned by corporate insiders.

Pool Stock Performance

NASDAQ POOL opened at $209.45 on Thursday. The company has a market capitalization of $7.69 billion, a PE ratio of 19.32, a price-to-earnings-growth ratio of 2.54 and a beta of 1.26. The company has a debt-to-equity ratio of 1.00, a quick ratio of 0.59 and a current ratio of 2.24. Pool Corporation has a 52-week low of $195.49 and a 52-week high of $345.00. The company has a 50-day simple moving average of $225.19 and a 200 day simple moving average of $249.34.

Pool (NASDAQ:POOL) last released its earnings results on Thursday, February 19th. The specialty retailer reported $0.84 earnings per share for the quarter, missing analysts’ consensus estimates of $0.99 by ($0.15). Pool had a net margin of 7.67% and a return on equity of 31.49%. The company had revenue of $982.21 million for the quarter, compared to the consensus estimate of $999.14 million. During the same period in the prior year, the company earned $0.97 earnings per share. The firm’s revenue was down .5% on a year-over-year basis. Pool has set its FY 2026 guidance at 10.850-11.150 EPS. On average, research analysts predict that Pool Corporation will post 11.32 EPS for the current year.

Pool Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Thursday, March 26th. Shareholders of record on Thursday, March 12th were issued a dividend of $1.25 per share. This represents a $5.00 annualized dividend and a yield of 2.4%. The ex-dividend date of this dividend was Thursday, March 12th. Pool’s dividend payout ratio is 46.13%.

Analysts Set New Price Targets

Several equities research analysts have commented on the stock. Stifel Nicolaus decreased their price objective on shares of Pool from $240.00 to $232.00 and set a “hold” rating for the company in a research note on Monday, February 23rd. Robert W. Baird cut their target price on Pool from $320.00 to $300.00 and set an “outperform” rating on the stock in a research note on Friday, February 20th. Cfra raised Pool from a “hold” rating to a “buy” rating and set a $304.00 target price for the company in a report on Monday, December 22nd. Zacks Research lowered Pool from a “hold” rating to a “strong sell” rating in a report on Friday, March 27th. Finally, Deutsche Bank Aktiengesellschaft set a $246.00 price objective on Pool in a research report on Friday, February 20th. Five analysts have rated the stock with a Buy rating, five have issued a Hold rating and two have given a Sell rating to the stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and an average price target of $279.63.

About Pool

Pool Corporation is a leading wholesale distributor of swimming pool supplies, equipment, and related outdoor living products. Headquartered in Covington, Louisiana, the company serves a diverse customer base that includes service professionals, independent retailers, high-volume builders, and national retail chains. Pool Corporation’s extensive branch network enables it to maintain strong local customer relationships while leveraging its scale to source products efficiently from manufacturers around the world.

The company’s product portfolio spans pool and spa chemicals, water treatment equipment, pumps, filters, heaters, automation and control systems, liners, safety covers, and cleaning accessories.