London Co. of Virginia Decreases Stock Holdings in Pool Corporation $POOL

London Co. of Virginia cut its stake in Pool Corporation (NASDAQ:POOL) by 4.4% during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 471,278 shares of the specialty retailer’s stock after selling 21,680 shares during the quarter. London Co. of Virginia owned about 1.27% of Pool worth $146,131,000 at the end of the most recent quarter.

A number of other hedge funds also recently made changes to their positions in POOL. Root Financial Partners LLC acquired a new stake in Pool in the third quarter valued at $29,000. CYBER HORNET ETFs LLC bought a new position in Pool in the second quarter worth about $30,000. MUFG Securities EMEA plc bought a new stake in shares of Pool in the 2nd quarter worth approximately $33,000. Geneos Wealth Management Inc. lifted its stake in Pool by 164.4% in the first quarter. Geneos Wealth Management Inc. now owns 156 shares of the specialty retailer’s stock valued at $50,000 after buying an additional 97 shares during the last quarter. Finally, MassMutual Private Wealth & Trust FSB boosted its stake in Pool by 22.0% during the 3rd quarter. MassMutual Private Wealth & Trust FSB now owns 227 shares of the specialty retailer’s stock valued at $70,000 after purchasing an additional 41 shares during the period. Hedge funds and other institutional investors own 98.99% of the company’s stock.

Analyst Upgrades and Downgrades

POOL has been the topic of a number of recent analyst reports. Deutsche Bank Aktiengesellschaft set a $246.00 price objective on shares of Pool in a research note on Friday, February 20th. Oppenheimer lowered their target price on shares of Pool from $346.00 to $280.00 and set an “outperform” rating on the stock in a research note on Tuesday, February 24th. Robert W. Baird dropped 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. Stifel Nicolaus reduced their price target 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. Finally, Wells Fargo & Company decreased their price objective on shares of Pool from $275.00 to $230.00 and set an “equal weight” rating for the company in a report on Friday, February 20th. Five research analysts have rated the stock with a Buy rating, six have issued a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat, the company presently has an average rating of “Hold” and a consensus price target of $281.50.

Pool Trading Up 1.0%

Pool stock opened at $208.78 on Tuesday. Pool Corporation has a 52 week low of $203.80 and a 52 week high of $345.00. 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 firm has a market capitalization of $7.68 billion, a price-to-earnings ratio of 19.26, a P/E/G ratio of 2.58 and a beta of 1.25. The company has a 50 day moving average price of $244.25 and a 200 day moving average price of $262.88.

Pool (NASDAQ:POOL) last posted its quarterly earnings results on Thursday, February 19th. The specialty retailer reported $0.84 earnings per share 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 analyst estimates 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 period in the previous year, the firm posted $0.97 earnings per share. Pool has set its FY 2026 guidance at 10.850-11.150 EPS. Research analysts forecast 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. Shareholders of record on Thursday, March 12th will be paid a $1.25 dividend. The ex-dividend date is Thursday, March 12th. This represents a $5.00 dividend on an annualized basis and a yield of 2.4%. Pool’s payout ratio is 46.13%.

Insider Buying and Selling

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

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.