Pool Corporation (NASDAQ:POOL) Receives $264.50 Average Price Target from Brokerages

Pool Corporation (NASDAQ:POOL) has been assigned an average rating of “Hold” from the twelve research firms that are covering the firm, MarketBeat.com reports. Two analysts have rated the stock with a sell recommendation, six have assigned a hold recommendation and four have assigned a buy recommendation to the company. The average 1 year price target among brokers that have issued a report on the stock in the last year is $262.00.

Several equities research analysts have issued reports on POOL shares. Weiss Ratings lowered shares of Pool from a “hold (c-)” rating to a “sell (d+)” rating in a research report on Thursday, May 14th. Bank of America decreased their price target on shares of Pool from $226.00 to $206.00 and set an “underperform” rating on the stock in a report on Monday. Wall Street Zen upgraded shares of Pool from a “sell” rating to a “hold” rating in a research report on Monday, April 27th. Wells Fargo & Company dropped their price objective on shares of Pool from $230.00 to $215.00 and set an “equal weight” rating for the company in a report on Wednesday, April 8th. Finally, Stifel Nicolaus upped their target price on shares of Pool from $210.00 to $235.00 and gave the stock a “hold” rating in a research report on Monday, July 6th.

Insider Transactions at Pool

In other news, Director David G. Whalen bought 525 shares of the company’s stock in a transaction that occurred on Friday, May 8th. The stock was bought at an average price of $190.44 per share, for a total transaction of $99,981.00. Following the transaction, the director directly owned 8,936 shares of the company’s stock, valued at $1,701,771.84. This represents a 6.24% increase in their position. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Also, Director James D. Hope bought 464 shares of the company’s stock in a transaction that occurred on Thursday, May 7th. The stock was purchased at an average price of $194.41 per share, with a total value of $90,206.24. Following the transaction, the director directly owned 3,678 shares in the company, valued at $715,039.98. The trade was a 14.44% increase in their ownership of the stock. The disclosure for this purchase is available in the SEC filing. Insiders have bought a total of 21,989 shares of company stock valued at $4,042,747 over the last quarter. 3.00% of the stock is owned by company insiders.

Institutional Inflows and Outflows

Several large investors have recently made changes to their positions in the business. Clearstead Advisors LLC lifted its holdings in shares of Pool by 100.0% in the 4th quarter. Clearstead Advisors LLC now owns 122 shares of the specialty retailer’s stock worth $28,000 after acquiring an additional 61 shares during the last quarter. Private Trust Co. NA grew its holdings in shares of 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 during the last quarter. Elevation Wealth Partners LLC raised its position in Pool by 2,660.0% in the 2nd quarter. Elevation Wealth Partners LLC now owns 138 shares of the specialty retailer’s stock worth $30,000 after purchasing an additional 133 shares during the period. CYBER HORNET ETFs LLC purchased a new position in Pool in the 2nd quarter worth $30,000. Finally, Covestor Ltd lifted its stake in Pool by 348.4% in the fourth quarter. Covestor Ltd now owns 139 shares of the specialty retailer’s stock worth $32,000 after purchasing an additional 108 shares during the last quarter. 98.99% of the stock is owned by hedge funds and other institutional investors.

Pool Stock Performance

NASDAQ:POOL opened at $196.36 on Friday. The stock has a market cap of $7.16 billion, a P/E ratio of 18.06, a PEG ratio of 2.55 and a beta of 1.05. The company has a quick ratio of 0.55, a current ratio of 1.87 and a debt-to-equity ratio of 1.09. The business’s 50-day moving average price is $195.36 and its two-hundred day moving average price is $217.05. Pool has a twelve month low of $172.68 and a twelve month high of $345.00.

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

Pool announced that its Board of Directors has initiated a stock buyback program on Wednesday, April 29th that permits the company to buyback $600.00 million in shares. This buyback authorization permits the specialty retailer to reacquire up to 7.8% of its shares through open market purchases. Shares buyback programs are usually an indication that the company’s leadership believes its stock is undervalued.

Pool Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Thursday, May 28th. Shareholders of record on Thursday, May 14th were paid a dividend of $1.30 per share. This represents a $5.20 annualized dividend and a yield of 2.6%. This is an increase from Pool’s previous quarterly dividend of $1.25. The ex-dividend date of this dividend was Thursday, May 14th. Pool’s dividend payout ratio is presently 47.84%.

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.