Pool Corporation $POOL Shares Sold by Mitsubishi UFJ Asset Management Co. Ltd.

Mitsubishi UFJ Asset Management Co. Ltd. reduced its stake in Pool Corporation (NASDAQ:POOL) by 4.7% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 67,861 shares of the specialty retailer’s stock after selling 3,366 shares during the quarter. Mitsubishi UFJ Asset Management Co. Ltd. owned 0.18% of Pool worth $21,042,000 at the end of the most recent reporting period.

A number of other institutional investors have also modified their holdings of the stock. Clearstead Trust LLC acquired a new stake in shares of Pool during the second quarter worth $25,000. Root Financial Partners LLC acquired a new position in Pool in the 3rd quarter valued at $29,000. CYBER HORNET ETFs LLC purchased a new position in Pool during the 2nd quarter worth $30,000. MUFG Securities EMEA plc purchased a new position in Pool during the 2nd quarter worth $33,000. Finally, Geneos Wealth Management Inc. lifted its stake in shares of Pool by 164.4% in the 1st quarter. Geneos Wealth Management Inc. now owns 156 shares of the specialty retailer’s stock worth $50,000 after acquiring an additional 97 shares during the period. Institutional investors and hedge funds own 98.99% of the company’s stock.

Pool Price Performance

POOL stock opened at $227.18 on Monday. The firm has a 50 day moving average of $248.10 and a 200-day moving average of $271.05. The company has a market cap of $8.36 billion, a price-to-earnings ratio of 20.96, a PEG ratio of 2.84 and a beta of 1.25. The company has a current ratio of 2.24, a quick ratio of 0.59 and a debt-to-equity ratio of 1.00. Pool Corporation has a 12-month low of $210.67 and a 12-month high of $374.74.

Pool (NASDAQ:POOL) last released its quarterly 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). The firm had revenue of $982.21 million during the quarter, compared to analyst estimates of $999.14 million. Pool had a return on equity of 31.49% and a net margin of 7.67%.The business’s revenue was down .5% on a year-over-year basis. During the same quarter in the prior year, the company earned $0.97 EPS. Pool has set its FY 2026 guidance at 10.850-11.150 EPS. As a group, equities analysts expect that Pool Corporation will post 11.32 EPS for the current fiscal year.

Pool Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Thursday, March 26th. Stockholders of record on Thursday, March 12th will be given a $1.25 dividend. The ex-dividend date is Thursday, March 12th. This represents a $5.00 dividend on an annualized basis and a dividend yield of 2.2%. Pool’s dividend payout ratio (DPR) is currently 46.13%.

Insider Buying and Selling at Pool

In other news, CFO Melanie M. Hart sold 2,750 shares of Pool stock in a transaction on Tuesday, February 24th. The stock was sold at an average price of $220.00, for a total transaction of $605,000.00. Following the completion of the transaction, 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 transaction was disclosed in a filing with the SEC, which is available through this hyperlink. Also, SVP Romain Kenneth G. St acquired 5,560 shares of the stock in a transaction that occurred on Monday, February 23rd. The stock was acquired at an average cost of $218.67 per share, for a total transaction of $1,215,805.20. Following the completion of the purchase, the senior vice president owned 82,845 shares in the company, 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. Insiders own 3.00% of the company’s stock.

Wall Street Analysts Forecast Growth

POOL has been the topic of a number of recent analyst reports. 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 note on Friday, February 20th. Deutsche Bank Aktiengesellschaft set a $246.00 price objective on Pool in a report on Friday, February 20th. Oppenheimer cut their target price on Pool from $346.00 to $280.00 and set an “outperform” rating for the company in a research note on Tuesday, February 24th. The Goldman Sachs Group reduced their price target on Pool from $360.00 to $310.00 and set a “buy” rating for the company in a report on Tuesday, January 13th. Finally, Cfra upgraded Pool from a “hold” rating to a “buy” rating and set a $304.00 price target on the stock in a research note on Monday, December 22nd. Five equities research analysts have rated the stock with a Buy rating, six have issued a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat, Pool has an average rating of “Hold” and a consensus target price of $281.50.

Pool 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.