Shares of Pool Corporation (NASDAQ:POOL – Get Free Report) have earned a consensus rating of “Hold” from the thirteen research firms that are currently covering the stock, Marketbeat.com reports. Two research analysts have rated the stock with a sell recommendation, six have issued a hold recommendation and five have issued a buy recommendation on the company. The average 12-month price target among brokers that have issued ratings on the stock in the last year is $235.6667.
A number of research analysts have issued reports on the company. Oppenheimer decreased their target price on Pool from $280.00 to $227.00 and set an “outperform” rating for the company in a research note on Friday, July 24th. Stifel Nicolaus dropped their price target on Pool from $235.00 to $189.00 and set a “hold” rating on the stock in a research report on Friday, July 24th. Robert W. Baird set a $260.00 price objective on Pool in a report on Friday, July 24th. Wall Street Zen upgraded Pool from a “sell” rating to a “hold” rating in a research report on Monday, April 27th. Finally, Zacks Research raised Pool from a “strong sell” rating to a “hold” rating in a research note on Monday, April 27th.
Read Our Latest Stock Analysis on Pool
Pool Stock Up 4.5%
Pool (NASDAQ:POOL – Get Free Report) last announced its quarterly earnings results on Thursday, July 23rd. The specialty retailer reported $5.38 earnings per share (EPS) for the quarter, beating the consensus estimate of $5.33 by $0.05. Pool had a net margin of 7.40% and a return on equity of 32.74%. The company had revenue of $1.82 billion during the quarter, compared to analyst estimates of $1.82 billion. During the same quarter in the previous year, the business earned $5.17 EPS. The firm’s revenue was up 2.2% on a year-over-year basis. Pool has set its FY 2026 guidance at 10.660-10.960 EPS. Analysts expect that Pool will post 10.94 EPS for the current year.
Pool Dividend Announcement
The business also recently declared a quarterly dividend, which will be paid on Thursday, August 27th. Shareholders of record on Thursday, August 13th will be paid a $1.30 dividend. The ex-dividend date of this dividend is Thursday, August 13th. This represents a $5.20 dividend on an annualized basis and a yield of 2.7%. Pool’s payout ratio is presently 47.84%.
Pool declared that its board has authorized a stock buyback plan on Wednesday, April 29th that authorizes the company to repurchase $600.00 million in shares. This repurchase authorization authorizes the specialty retailer to buy up to 7.8% of its stock through open market purchases. Stock repurchase plans are typically a sign that the company’s leadership believes its shares are undervalued.
Institutional Investors Weigh In On Pool
Several large investors have recently made changes to their positions in the stock. Annis Gardner Whiting Capital Advisors LLC lifted its position in Pool by 20.0% in the 4th quarter. Annis Gardner Whiting Capital Advisors LLC now owns 270 shares of the specialty retailer’s stock valued at $62,000 after acquiring an additional 45 shares in the last quarter. Wealthspire Advisors LLC increased its holdings in Pool by 4.8% during the 4th quarter. Wealthspire Advisors LLC now owns 1,051 shares of the specialty retailer’s stock worth $240,000 after purchasing an additional 48 shares in the last quarter. Pacer Advisors Inc. increased its holdings in Pool by 1.5% during the 1st quarter. Pacer Advisors Inc. now owns 3,384 shares of the specialty retailer’s stock worth $685,000 after purchasing an additional 51 shares in the last quarter. Snowden Capital Advisors LLC raised its stake in shares of Pool by 4.8% in the 2nd quarter. Snowden Capital Advisors LLC now owns 1,163 shares of the specialty retailer’s stock valued at $339,000 after purchasing an additional 53 shares during the period. Finally, Private Trust Co. NA raised its stake in shares of Pool by 78.6% in the 4th quarter. Private Trust Co. NA now owns 125 shares of the specialty retailer’s stock valued at $29,000 after purchasing an additional 55 shares during the period. Institutional investors own 98.99% of the company’s stock.
Pool Company 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.
See Also
- Five stocks we like better than Pool
- Bloom Energy’s AI Surge Meets a Valuation Reality Check
- Target Is Winning Shoppers Back—Can the Rally Reach $180?
- IonQ’s Space Contract Points to a New Frontier for Quantum Investors
- Is Apple’s AI Strategy Smarter Than Skeptics Think?
Receive News & Ratings for Pool Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Pool and related companies with MarketBeat.com's FREE daily email newsletter.
