Dearborn Partners LLC lowered its holdings in Pool Corporation (NASDAQ:POOL – Free Report) by 95.1% in the fourth quarter, according to its most recent Form 13F filing with the SEC. The fund owned 2,422 shares of the specialty retailer’s stock after selling 46,534 shares during the period. Dearborn Partners LLC’s holdings in Pool were worth $554,000 at the end of the most recent reporting period.
A number of other institutional investors and hedge funds have also recently bought and sold shares of POOL. Clearstead Advisors LLC boosted its holdings in Pool by 100.0% in the fourth quarter. Clearstead Advisors LLC now owns 122 shares of the specialty retailer’s stock valued at $28,000 after purchasing an additional 61 shares during the last quarter. Private Trust Co. NA boosted its holdings in Pool by 78.6% in the fourth 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. CYBER HORNET ETFs LLC purchased a new position in Pool in the second quarter valued at about $30,000. Covestor Ltd boosted its holdings in Pool by 348.4% in the fourth quarter. Covestor Ltd now owns 139 shares of the specialty retailer’s stock valued at $32,000 after purchasing an additional 108 shares during the last quarter. Finally, MUFG Securities EMEA plc purchased a new position in Pool in the second quarter valued at about $33,000. Hedge funds and other institutional investors own 98.99% of the company’s stock.
Analyst Upgrades and Downgrades
A number of brokerages recently commented on POOL. Bank of America reduced their price target on Pool from $229.00 to $226.00 and set an “underperform” rating for the company in a report on Monday, April 20th. Zacks Research raised Pool from a “strong sell” rating to a “hold” rating in a report on Monday, April 27th. Oppenheimer reduced 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 target on Pool in a report on Friday, February 20th. Finally, Wells Fargo & Company reduced their price target on Pool from $230.00 to $215.00 and set an “equal weight” rating for the company in a report on Wednesday, April 8th. Four analysts have rated the stock with a Buy rating, six have given a Hold rating and two have issued a Sell rating to the stock. Based on data from MarketBeat, the stock has an average rating of “Hold” and an average target price of $261.38.
Insider Transactions at Pool
In other news, Director David G. Whalen bought 525 shares of Pool stock in a transaction on Friday, May 8th. The shares were bought at an average price of $190.44 per share, with a total value of $99,981.00. Following the acquisition, the director directly owned 8,936 shares in the company, valued at approximately $1,701,771.84. This represents a 6.24% increase in their position. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, Director John E. Stokely bought 1,000 shares of Pool stock in a transaction on Thursday, May 7th. The shares were purchased at an average cost of $193.06 per share, for a total transaction of $193,060.00. Following the acquisition, the director owned 16,230 shares in the company, valued at $3,133,363.80. The trade was a 6.57% increase in their ownership of the stock. Additional details regarding this purchase are available in the official SEC disclosure. In the last 90 days, insiders purchased 26,989 shares of company stock worth $5,067,747. 3.00% of the stock is currently owned by corporate insiders.
Pool Stock Performance
NASDAQ:POOL opened at $185.52 on Monday. 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 is $199.52 and its two-hundred day moving average is $224.70. Pool Corporation has a 52 week low of $172.68 and a 52 week high of $345.00. The company has a market cap of $6.76 billion, a PE ratio of 17.07, a P/E/G ratio of 2.35 and a beta of 1.10.
Pool (NASDAQ:POOL – Get Free Report) last released its earnings results on Thursday, April 23rd. The specialty retailer reported $1.43 EPS for the quarter, topping analysts’ consensus estimates of $1.34 by $0.09. Pool had a return on equity of 32.37% and a net margin of 7.57%.The company had revenue of $1.14 billion for the quarter, compared to the consensus estimate of $1.82 billion. During the same quarter last year, the business posted $1.32 EPS. Pool’s quarterly revenue was up 6.2% compared to the same quarter last year. Pool has set its FY 2026 guidance at 10.870-11.170 EPS. On average, analysts predict that Pool Corporation will post 11.08 EPS for the current year.
Pool Increases Dividend
The company also recently announced a quarterly dividend, which was paid on Thursday, May 28th. Shareholders of record on Thursday, May 14th were issued a dividend of $1.30 per share. The ex-dividend date of this dividend was Thursday, May 14th. This represents a $5.20 dividend on an annualized basis and a yield of 2.8%. This is a boost from Pool’s previous quarterly dividend of $1.25. Pool’s dividend payout ratio (DPR) is 47.84%.
Pool announced that its Board of Directors has initiated a stock repurchase program on Wednesday, April 29th that authorizes the company to repurchase $600.00 million in outstanding shares. This repurchase authorization authorizes the specialty retailer to reacquire up to 7.8% of its shares through open market purchases. Shares repurchase programs are generally an indication that the company’s management believes its stock is undervalued.
Trending Headlines about Pool
Here are the key news stories impacting Pool this week:
- Positive Sentiment: Recent coverage highlighted Pool Corporation as a leader in pool distributors, which may reinforce the company’s long-term competitive positioning and brand strength. What Makes Pool Corporation (POOL) a Leader in Pool Distributors?
- Neutral Sentiment: An additional write-up repeated the same “leader in pool distributors” theme, but it appears to be a commentary piece rather than a new market-moving development. What Makes Pool Corporation (POOL) a Leader in Pool Distributors?
- Neutral Sentiment: The remaining headlines mentioning “pool” were unrelated to Pool Corporation, focusing on the Lincoln Memorial reflecting pool and political commentary, so they should not materially affect POOL shares.
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.
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