16,339 Shares in Pool Corporation $POOL Purchased by Aventail Capital Group LP

Aventail Capital Group LP purchased a new stake in shares of Pool Corporation (NASDAQ:POOL) in the 3rd quarter, Holdings Channel reports. The fund purchased 16,339 shares of the specialty retailer’s stock, valued at approximately $5,066,000.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Berkshire Hathaway Inc increased its holdings in shares of Pool by 136.3% during the second quarter. Berkshire Hathaway Inc now owns 3,458,885 shares of the specialty retailer’s stock worth $1,008,196,000 after buying an additional 1,994,885 shares in the last quarter. Wellington Management Group LLP boosted its holdings in shares of Pool by 16.2% in the 3rd quarter. Wellington Management Group LLP now owns 2,563,373 shares of the specialty retailer’s stock worth $794,825,000 after acquiring an additional 357,643 shares in the last quarter. Invesco Ltd. boosted its holdings in shares of Pool by 11.1% in the 2nd quarter. Invesco Ltd. now owns 699,628 shares of the specialty retailer’s stock worth $203,928,000 after acquiring an additional 70,075 shares in the last quarter. Massachusetts Financial Services Co. MA grew its position in Pool by 35.3% during the 2nd quarter. Massachusetts Financial Services Co. MA now owns 616,041 shares of the specialty retailer’s stock worth $179,564,000 after acquiring an additional 160,878 shares during the last quarter. Finally, Envestnet Asset Management Inc. increased its holdings in Pool by 0.3% during the 3rd quarter. Envestnet Asset Management Inc. now owns 438,476 shares of the specialty retailer’s stock valued at $135,958,000 after purchasing an additional 1,337 shares in the last quarter. 98.99% of the stock is currently owned by institutional investors and hedge funds.

Pool Stock Performance

POOL stock opened at $206.64 on Friday. The company has a 50 day moving average price of $244.80 and a 200 day moving average price of $264.01. Pool Corporation has a fifty-two week low of $203.80 and a fifty-two week high of $345.00. The company has a debt-to-equity ratio of 1.00, a current ratio of 2.24 and a quick ratio of 0.59. The stock has a market capitalization of $7.60 billion, a PE ratio of 19.06, a price-to-earnings-growth ratio of 2.58 and a beta of 1.25.

Pool (NASDAQ:POOL) last announced its quarterly earnings data on Thursday, February 19th. The specialty retailer reported $0.84 EPS 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 the consensus estimate 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 quarter in the previous year, the business posted $0.97 earnings per share. Pool has set its FY 2026 guidance at 10.850-11.150 EPS. Analysts forecast that Pool Corporation will post 11.32 EPS for the current year.

Pool Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Thursday, March 26th. Investors of record on Thursday, March 12th will be issued a $1.25 dividend. The ex-dividend date is Thursday, March 12th. This represents a $5.00 annualized dividend and a yield of 2.4%. Pool’s dividend payout ratio (DPR) is currently 46.13%.

Wall Street Analyst Weigh In

Several equities analysts have issued reports on the company. The Goldman Sachs Group cut their price objective on Pool from $360.00 to $310.00 and set a “buy” rating for the company in a research report on Tuesday, January 13th. Weiss Ratings restated a “sell (d+)” rating on shares of Pool in a report on Monday, December 29th. Stifel Nicolaus lowered their target price on Pool from $240.00 to $232.00 and set a “hold” rating for the company in a research note on Monday, February 23rd. Wall Street Zen cut Pool from a “hold” rating to a “sell” rating in a report on Saturday, March 7th. Finally, Wells Fargo & Company reduced their price target on shares of Pool from $275.00 to $230.00 and set an “equal weight” rating on the stock in a research report on Friday, February 20th. Five research analysts have rated the stock with a Buy rating, six have given a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat, Pool has an average rating of “Hold” and a consensus target price of $281.50.

Insider Activity

In other Pool news, CFO Melanie M. Hart sold 2,750 shares of the company’s stock in a transaction dated Tuesday, February 24th. The shares were sold at an average price of $220.00, for a total transaction of $605,000.00. Following the transaction, the chief financial officer directly owned 18,039 shares in the company, valued at approximately $3,968,580. This represents a 13.23% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, SVP Romain Kenneth G. St bought 5,560 shares of Pool stock in a transaction dated 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 purchase, the senior vice president directly owned 82,845 shares in the company, valued at approximately $18,115,716.15. The trade was a 7.19% increase in their position. The disclosure for this purchase is available in the SEC filing. 3.00% of the stock is owned by company insiders.

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.