Pool (NASDAQ:POOL) Sets New 1-Year Low – Here’s What Happened

Pool Corporation (NASDAQ:POOLGet Free Report)’s stock price reached a new 52-week low during trading on Monday . The company traded as low as $205.15 and last traded at $206.13, with a volume of 126133 shares traded. The stock had previously closed at $213.66.

Analysts Set New Price Targets

Several equities analysts have weighed in on the company. Oppenheimer cut their price target on Pool from $346.00 to $280.00 and set an “outperform” rating for the company in a report on Tuesday, February 24th. Deutsche Bank Aktiengesellschaft set a $246.00 price objective on Pool in a report on Friday, February 20th. Wells Fargo & Company lowered their target price on Pool from $275.00 to $230.00 and set an “equal weight” rating for the company in a research report on Friday, February 20th. The Goldman Sachs Group cut their target price on shares of Pool from $360.00 to $310.00 and set a “buy” rating for the company in a report on Tuesday, January 13th. Finally, Robert W. Baird reduced their price target on shares of Pool from $320.00 to $300.00 and set an “outperform” rating on the stock in a research report on Friday, February 20th. Five equities research analysts have rated the stock with a Buy rating, six have assigned a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat, the stock has an average rating of “Hold” and an average target price of $281.50.

Read Our Latest Research Report on Pool

Pool Price Performance

The company has a current ratio of 2.24, a quick ratio of 0.59 and a debt-to-equity ratio of 1.00. The company has a market capitalization of $7.65 billion, a PE ratio of 19.17, a price-to-earnings-growth ratio of 2.67 and a beta of 1.25. The stock’s 50-day moving average is $246.85 and its two-hundred day moving average is $267.47.

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

Pool Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Thursday, March 26th. Stockholders of record on Thursday, March 12th will be given a dividend of $1.25 per share. This represents a $5.00 annualized dividend and a dividend yield of 2.4%. The ex-dividend date is Thursday, March 12th. Pool’s dividend payout ratio (DPR) is 46.13%.

Insider Transactions at Pool

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

Institutional Trading of Pool

Several institutional investors and hedge funds have recently modified their holdings of the stock. Clearstead Trust LLC purchased a new stake in shares of Pool in the second quarter valued at approximately $25,000. Clearstead Advisors LLC increased its holdings in Pool by 100.0% during the 4th quarter. Clearstead Advisors LLC now owns 122 shares of the specialty retailer’s stock worth $28,000 after purchasing an additional 61 shares during the period. Root Financial Partners LLC bought a new stake in Pool during the 3rd quarter valued at $29,000. Private Trust Co. NA raised its position in Pool by 78.6% during 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 in the last quarter. Finally, CYBER HORNET ETFs LLC purchased a new stake in shares of Pool in the 2nd quarter worth $30,000. Institutional investors own 98.99% of the company’s stock.

Pool Company Profile

(Get Free Report)

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.

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