Pool Corporation $POOL Stock Sold by Montrusco Bolton Investments Inc.

Montrusco Bolton Investments Inc. reduced its position in Pool Corporation (NASDAQ:POOL) by 16.4% in the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 26,995 shares of the specialty retailer’s stock after selling 5,300 shares during the quarter. Montrusco Bolton Investments Inc.’s holdings in Pool were worth $4,370,000 at the end of the most recent quarter.

Other large investors also recently modified their holdings of the company. IFP Advisors Inc grew its position in Pool by 117.9% in the second quarter. IFP Advisors Inc now owns 122 shares of the specialty retailer’s stock valued at $26,000 after acquiring an additional 66 shares during the period. Elevation Wealth Partners LLC raised its stake in shares of Pool by 2,660.0% in the second quarter. Elevation Wealth Partners LLC now owns 138 shares of the specialty retailer’s stock valued at $30,000 after acquiring an additional 133 shares during the last quarter. CoreCap Advisors LLC boosted its holdings in shares of Pool by 214.3% in the 2nd quarter. CoreCap Advisors LLC now owns 154 shares of the specialty retailer’s stock worth $33,000 after acquiring an additional 105 shares in the last quarter. Mitsubishi UFJ Asset Management Co. Ltd. acquired a new position in shares of Pool in the 2nd quarter worth approximately $47,000. Finally, SJS Investment Consulting Inc. grew its holdings in shares of Pool by 1,625.0% during the first quarter. SJS Investment Consulting Inc. now owns 276 shares of the specialty retailer’s stock worth $56,000 after purchasing an additional 260 shares during the last quarter. 98.99% of the stock is currently owned by institutional investors.

Pool Stock Up 1.2%

Shares of NASDAQ POOL traded up $1.89 during trading hours on Tuesday, hitting $160.60. The company had a trading volume of 600,633 shares, compared to its average volume of 859,405. The firm’s 50 day moving average is $178.87 and its 200-day moving average is $192.48. Pool Corporation has a 1-year low of $152.70 and a 1-year high of $305.63. The stock has a market capitalization of $5.84 billion, a P/E ratio of 14.77, a price-to-earnings-growth ratio of 2.24 and a beta of 1.05. The company has a quick ratio of 0.91, a current ratio of 2.67 and a debt-to-equity ratio of 1.05.

Pool (NASDAQ:POOL) last posted its quarterly earnings results on Thursday, July 23rd. The specialty retailer reported $5.38 EPS for the quarter, topping analysts’ consensus estimates of $5.33 by $0.05. The business had revenue of $1.82 billion during the quarter, compared to analysts’ expectations of $1.82 billion. Pool had a return on equity of 32.74% and a net margin of 7.40%. Pool’s quarterly revenue was up 2.2% on a year-over-year basis. During the same quarter last year, the company posted $5.17 earnings per share. Pool has set its FY 2026 guidance at 10.660-10.960 EPS. On average, analysts expect that Pool Corporation will post 10.94 earnings per share for the current fiscal year.

Pool Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Thursday, August 27th. Stockholders of record on Thursday, August 13th were given a $1.30 dividend. The ex-dividend date of this dividend was Thursday, August 13th. This represents a $5.20 annualized dividend and a dividend yield of 3.2%. Pool’s dividend payout ratio is presently 47.84%.

Wall Street Analysts Forecast Growth

A number of analysts recently weighed in on POOL shares. Stifel Nicolaus lowered their price target on shares of Pool from $235.00 to $189.00 and set a “hold” rating for the company in a report on Friday, July 24th. Bank of America lowered their price objective on shares of Pool from $226.00 to $206.00 and set an “underperform” rating for the company in a research report on Monday, July 20th. DA Davidson started coverage on shares of Pool in a report on Monday, August 24th. They set a “neutral” rating and a $210.00 target price on the stock. Stephens reaffirmed an “overweight” rating and issued a $225.00 price target on shares of Pool in a research note on Thursday, August 20th. Finally, Wells Fargo & Company reduced their price target on shares of Pool from $215.00 to $185.00 and set an “equal weight” rating for the company in a report on Friday, September 11th. Five research analysts have rated the stock with a Buy rating, five have assigned a Hold rating and two have issued a Sell rating to the company. According to data from MarketBeat, Pool currently has a consensus rating of “Hold” and an average target price of $230.10.

Pool Company Profile

Pool Corporation (NASDAQ:POOL) is a distributor of swimming pool supplies, equipment and related products. The company serves professional pool contractors, retailers, builders and service providers, supplying products used to build, renovate, maintain and repair residential and commercial pools.

Its product offerings include pool chemicals, pumps, filters, heaters, cleaners, lighting, replacement parts and safety equipment. Pool also distributes products related to irrigation, landscaping and outdoor living, including patio and recreational products that complement pool installations and backyard projects.

Founded in 1993 and headquartered in Covington, Louisiana, Pool Corporation serves customers through a network of distribution centers and sales locations across North America, Europe and Australia.