Pool Corporation $POOL Shares Sold by Strs Ohio

Strs Ohio decreased its position in shares of Pool Corporation (NASDAQ:POOL) by 91.1% during the 4th quarter, Holdings Channel.com reports. The fund owned 790 shares of the specialty retailer’s stock after selling 8,069 shares during the period. Strs Ohio’s holdings in Pool were worth $181,000 at the end of the most recent quarter.

A number of other hedge funds also recently bought and sold shares of the stock. Academy Capital Management raised its position in Pool by 288.7% in the 4th quarter. Academy Capital Management now owns 66,808 shares of the specialty retailer’s stock valued at $15,282,000 after purchasing an additional 49,619 shares in the last quarter. Conestoga Capital Advisors LLC raised its position in Pool by 17.3% in the 4th quarter. Conestoga Capital Advisors LLC now owns 144,707 shares of the specialty retailer’s stock valued at $33,102,000 after purchasing an additional 21,298 shares in the last quarter. Torren Management LLC acquired a new stake in Pool in the 4th quarter valued at about $38,000. Comerica Bank raised its position in Pool by 61.8% in the 4th quarter. Comerica Bank now owns 39,365 shares of the specialty retailer’s stock valued at $9,005,000 after purchasing an additional 15,030 shares in the last quarter. Finally, UBS Group AG raised its position in Pool by 30.7% in the 4th quarter. UBS Group AG now owns 297,361 shares of the specialty retailer’s stock valued at $68,021,000 after purchasing an additional 69,797 shares in the last quarter. Institutional investors and hedge funds own 98.99% of the company’s stock.

Insider Buying and Selling

In other news, SVP Romain Kenneth G. St acquired 5,560 shares of Pool stock in a transaction on Monday, February 23rd. The stock was bought at an average price of $218.67 per share, for a total transaction of $1,215,805.20. Following the completion of the purchase, the senior vice president owned 82,845 shares in the company, valued at $18,115,716.15. This represents a 7.19% increase in their ownership of the stock. The acquisition was disclosed in a filing with the SEC, which is accessible through this hyperlink. Also, Director John E. Stokely acquired 1,000 shares of Pool stock in a transaction on Thursday, May 7th. The stock was purchased at an average price of $193.06 per share, with a total value of $193,060.00. Following the purchase, the director owned 16,230 shares of the company’s stock, valued at $3,133,363.80. The trade was a 6.57% increase in their position. The disclosure for this purchase is available in the SEC filing. Insiders have bought 22,024 shares of company stock valued at $4,424,071 in the last 90 days. Company insiders own 3.00% of the company’s stock.

Analyst Ratings Changes

A number of equities research analysts have issued reports on POOL shares. Robert W. Baird reduced their price target on Pool from $320.00 to $300.00 and set an “outperform” rating on the stock in a research report on Friday, February 20th. Deutsche Bank Aktiengesellschaft set a $246.00 price target on Pool in a research report on Friday, February 20th. Weiss Ratings raised Pool from a “sell (d)” rating to a “hold (c-)” rating in a research report on Wednesday, April 29th. Bank of America reduced their price target on Pool from $229.00 to $226.00 and set an “underperform” rating on the stock in a research report on Monday, April 20th. Finally, Zacks Research upgraded Pool from a “strong sell” rating to a “hold” rating in a report on Monday, April 27th. Four research analysts have rated the stock with a Buy rating, seven have given a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat, the company presently has a consensus rating of “Hold” and a consensus target price of $261.38.

Key Pool News

Here are the key news stories impacting Pool this week:

• Positive Sentiment: Several recent insider purchases may help support confidence in Pool Corporation (POOL), including director buying activity and a separate 10,000-share purchase disclosed over the weekend. Insider Buying: Pool (NASDAQ:POOL) Director Purchases $193,060.00 in Stock Insider Buying: Pool (NASDAQ:POOL) Director Acquires $90,206.24 in Stock De La Mesa Manuel Perez Purchases 10,000 Shares of Pool (NASDAQ:POOL) Stock
• Neutral Sentiment: Stifel Nicolaus cut its price target on POOL from $240 to $210 while keeping a hold rating, signaling a more cautious outlook but still implying some upside from current levels. Read More
• Neutral Sentiment: Short-interest data reported no meaningful change, so it does not appear to be a major new driver for Pool Corporation today.

Pool Trading Down 1.6%

POOL opened at $184.77 on Tuesday. Pool Corporation has a one year low of $184.50 and a one year high of $345.00. The company has a market cap of $6.73 billion, a P/E ratio of 17.00, a PEG ratio of 2.38 and a beta of 1.16. The company has a debt-to-equity ratio of 1.09, a quick ratio of 0.55 and a current ratio of 1.87. The business’s 50-day simple moving average is $210.78 and its 200-day simple moving average is $236.00.

Pool (NASDAQ:POOL) last released its quarterly earnings data on Thursday, April 23rd. The specialty retailer reported $1.43 EPS for the quarter, beating analysts’ consensus estimates of $1.34 by $0.09. Pool had a return on equity of 32.37% and a net margin of 7.57%.The business had revenue of $1.14 billion for the quarter, compared to the consensus estimate of $1.82 billion. During the same quarter in the prior year, the business posted $1.32 EPS. The business’s revenue for the quarter was up 6.2% on a year-over-year basis. Pool has set its FY 2026 guidance at 10.870-11.170 EPS. As a group, equities research analysts expect that Pool Corporation will post 11.07 EPS for the current fiscal year.

Pool announced that its Board of Directors has authorized a stock repurchase program on Wednesday, April 29th that allows the company to buyback $600.00 million in shares. This buyback authorization allows the specialty retailer to buy up to 7.8% of its stock through open market purchases. Stock buyback programs are usually a sign that the company’s board believes its shares are undervalued.

Pool Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, May 28th. Shareholders of record on Thursday, May 14th will be paid a $1.30 dividend. This is an increase from Pool’s previous quarterly dividend of $1.25. This represents a $5.20 dividend on an annualized basis and a yield of 2.8%. The ex-dividend date is Thursday, May 14th. Pool’s dividend payout ratio (DPR) is presently 46.00%.

Pool Profile

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.