Shares of Pool Corporation (NASDAQ:POOL – Get Free Report) reached a new 52-week low during trading on Thursday . The company traded as low as $202.51 and last traded at $203.51, with a volume of 137273 shares. The stock had previously closed at $205.77.
Wall Street Analyst Weigh In
Several equities research analysts recently issued reports on POOL shares. The Goldman Sachs Group decreased their price target on shares of Pool from $360.00 to $310.00 and set a “buy” rating on the stock in a report on Tuesday, January 13th. Oppenheimer dropped their price objective on shares of Pool from $346.00 to $280.00 and set an “outperform” rating for the company in a research note on Tuesday, February 24th. Weiss Ratings restated a “sell (d+)” rating on shares of Pool in a research report on Monday, December 29th. Cfra raised shares of Pool from a “hold” rating to a “buy” rating and set a $304.00 target price on the stock in a research note on Monday, December 22nd. Finally, Stifel Nicolaus lowered their price target on shares of Pool from $240.00 to $232.00 and set a “hold” rating for the company in a report on Monday, February 23rd. Five analysts have rated the stock with a Buy rating, six have assigned a Hold rating and one has given a Sell rating to the company. According to MarketBeat, Pool currently has an average rating of “Hold” and an average price target of $281.50.
Pool Price Performance
Pool (NASDAQ:POOL – Get Free Report) last posted its earnings results on Thursday, February 19th. The specialty retailer reported $0.84 EPS for the quarter, missing the consensus estimate of $0.99 by ($0.15). Pool had a return on equity of 31.49% and a net margin of 7.67%.The business had revenue of $982.21 million for the quarter, compared to analyst estimates of $999.14 million. During the same quarter in the prior year, the business earned $0.97 earnings per share. The firm’s quarterly revenue was down .5% on a year-over-year basis. Pool has set its FY 2026 guidance at 10.850-11.150 EPS. As a group, equities research analysts predict that Pool Corporation will post 11.32 EPS for the current fiscal year.
Pool Dividend Announcement
The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, March 26th. Investors of record on Thursday, March 12th will be paid a $1.25 dividend. The ex-dividend date of this dividend is Thursday, March 12th. This represents a $5.00 annualized dividend and a dividend yield of 2.5%. Pool’s payout ratio is currently 46.13%.
Insider Activity at Pool
In related news, SVP Romain Kenneth G. St purchased 5,560 shares of Pool stock in a transaction on Monday, February 23rd. The shares were purchased at an average price of $218.67 per share, for a total transaction of $1,215,805.20. Following the transaction, the senior vice president owned 82,845 shares of the company’s stock, valued at approximately $18,115,716.15. This represents a 7.19% increase in their position. The purchase was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, Director De La Mesa Manuel J. Perez purchased 5,000 shares of the firm’s stock in a transaction dated Friday, March 13th. The stock was bought at an average cost of $205.00 per share, with a total value of $1,025,000.00. Following the purchase, the director owned 110,108 shares of the company’s stock, valued at approximately $22,572,140. This trade represents a 4.76% increase in their position. Additional details regarding this purchase are available in the official SEC disclosure. 3.00% of the stock is currently owned by company insiders.
Institutional Trading of Pool
Institutional investors have recently added to or reduced their stakes in the stock. Berkshire Hathaway Inc raised its holdings in Pool by 136.3% during the 2nd quarter. Berkshire Hathaway Inc now owns 3,458,885 shares of the specialty retailer’s stock worth $1,008,196,000 after purchasing an additional 1,994,885 shares during the last quarter. Wellington Management Group LLP boosted its stake 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 valued at $794,825,000 after purchasing an additional 357,643 shares during the last quarter. T. Rowe Price Investment Management Inc. boosted its stake in shares of Pool by 3,831.9% in the 4th quarter. T. Rowe Price Investment Management Inc. now owns 2,001,987 shares of the specialty retailer’s stock valued at $457,955,000 after purchasing an additional 1,951,070 shares during the last quarter. Morgan Stanley increased its position in shares of Pool by 1.8% during the fourth quarter. Morgan Stanley now owns 1,371,772 shares of the specialty retailer’s stock worth $313,794,000 after buying an additional 23,736 shares during the period. Finally, Invesco Ltd. raised its stake in Pool by 21.6% during the fourth quarter. Invesco Ltd. now owns 837,658 shares of the specialty retailer’s stock worth $191,614,000 after buying an additional 148,519 shares during the last quarter. 98.99% of the stock is currently owned by institutional investors.
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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