Aventail Capital Group LP Invests $5.07 Million in Pool Corporation $POOL

Aventail Capital Group LP bought a new stake in shares of Pool Corporation (NASDAQ:POOL) in the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor bought 16,339 shares of the specialty retailer’s stock, valued at approximately $5,066,000.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in POOL. Jacobs Levy Equity Management Inc. acquired a new position in Pool during the 1st quarter valued at $400,000. Millennium Management LLC boosted its holdings in Pool by 237.9% in the 1st quarter. Millennium Management LLC now owns 17,390 shares of the specialty retailer’s stock valued at $5,536,000 after purchasing an additional 12,244 shares during the period. Empowered Funds LLC acquired a new stake in Pool in the 1st quarter worth $639,000. Geneos Wealth Management Inc. increased its holdings in shares of Pool by 164.4% during the 1st quarter. Geneos Wealth Management Inc. now owns 156 shares of the specialty retailer’s stock worth $50,000 after purchasing an additional 97 shares during the period. Finally, Acadian Asset Management LLC increased its holdings in shares of Pool by 201.2% during the 1st quarter. Acadian Asset Management LLC now owns 2,012 shares of the specialty retailer’s stock worth $639,000 after purchasing an additional 1,344 shares during the period. Institutional investors and hedge funds own 98.99% of the company’s stock.

Insider Buying and Selling

In related news, CFO Melanie M. Hart sold 2,750 shares of the business’s 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 sale, 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 sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, SVP Romain Kenneth G. St purchased 5,560 shares of the 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 transaction, the senior vice president directly owned 82,845 shares of the company’s stock, valued at approximately $18,115,716.15. This trade represents a 7.19% increase in their ownership of the stock. Additional details regarding this purchase are available in the official SEC disclosure. Corporate insiders own 3.00% of the company’s stock.

Pool Price Performance

NASDAQ:POOL opened at $206.64 on Friday. The company has a debt-to-equity ratio of 1.00, a quick ratio of 0.59 and a current ratio of 2.24. The company has a 50-day moving average of $244.80 and a 200-day moving average of $264.01. Pool Corporation has a 52 week low of $203.80 and a 52 week high of $345.00. The company has a market capitalization of $7.60 billion, a price-to-earnings ratio of 19.06, a PEG ratio of 2.58 and a beta of 1.25.

Pool (NASDAQ:POOL) last posted 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 business had revenue of $982.21 million during the quarter, compared to the consensus estimate of $999.14 million. During the same period in the previous year, the firm earned $0.97 EPS. The business’s revenue was down .5% compared to the same quarter last year. Pool has set its FY 2026 guidance at 10.850-11.150 EPS. As a group, equities research analysts anticipate that Pool Corporation will post 11.32 earnings per share for the current fiscal year.

Pool Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Thursday, March 26th. Stockholders of record on Thursday, March 12th will be issued a $1.25 dividend. The ex-dividend date of this dividend is Thursday, March 12th. This represents a $5.00 dividend on an annualized basis and a dividend yield of 2.4%. Pool’s dividend payout ratio is presently 46.13%.

Analysts Set New Price Targets

Several equities research analysts recently weighed in on the stock. Wells Fargo & Company reduced their target price on shares of Pool from $275.00 to $230.00 and set an “equal weight” rating for the company in a research note on Friday, February 20th. Stifel Nicolaus lowered their price target on Pool from $240.00 to $232.00 and set a “hold” rating on the stock in a research note on Monday, February 23rd. Weiss Ratings reaffirmed a “sell (d+)” rating on shares of Pool in a report on Monday, December 29th. Robert W. Baird reduced their price objective on Pool from $320.00 to $300.00 and set an “outperform” rating for the company in a research report on Friday, February 20th. Finally, Wall Street Zen lowered Pool from a “hold” rating to a “sell” rating in a report on Saturday, March 7th. Five analysts have rated the stock with a Buy rating, six have issued a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat.com, the stock currently has an average rating of “Hold” and a consensus price target of $281.50.

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.