Pool (NASDAQ:POOL) Price Target Raised to $230.00

Pool (NASDAQ:POOL) had its price objective hoisted by Stephens from $200.00 to $230.00 in a report issued on Friday, MarketBeat.com reports. They currently have an overweight rating on the specialty retailer’s stock.

A number of other equities research analysts also recently weighed in on POOL. Oppenheimer cut their price target on Pool from $280.00 to $227.00 and set an “outperform” rating for the company in a research note on Friday, July 24th. Robert W. Baird set a $260.00 price target on Pool in a research note on Friday, July 24th. Stifel Nicolaus dropped their price objective on Pool from $189.00 to $175.00 and set a “hold” rating on the stock in a report on Tuesday, October 20th. Bank of America cut their price objective on shares of Pool from $226.00 to $206.00 and set an “underperform” rating on the stock in a research report on Monday, July 20th. Finally, Citigroup reiterated an “underperform” rating on shares of Pool in a research note on Monday, October 19th. Five research analysts have rated the stock with a Buy rating, five have assigned a Hold rating and three have given a Sell rating to the company. According to data from MarketBeat.com, the company presently has a consensus rating of “Hold” and a consensus target price of $227.70.

Pool Stock Performance

NASDAQ POOL opened at $199.08 on Friday. The company has a current ratio of 2.46, a quick ratio of 0.86 and a debt-to-equity ratio of 0.93. Pool has a 1-year low of $152.70 and a 1-year high of $301.69. The firm’s fifty day simple moving average is $173.98 and its 200-day simple moving average is $190.75. The company has a market capitalization of $7.23 billion, a PE ratio of 18.31, a price-to-earnings-growth ratio of 3.05 and a beta of 1.05.

Pool (NASDAQ:POOL) last released its quarterly earnings data on Thursday, October 22nd. The specialty retailer reported $3.40 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $3.36 by $0.04. The firm had revenue of $1.50 billion during the quarter, compared to analysts’ expectations of $1.48 billion. Pool had a return on equity of 33.50% and a net margin of 7.27%. The business’s revenue for the quarter was up 3.7% on a year-over-year basis. During the same quarter last year, the firm earned $3.39 earnings per share. As a group, sell-side analysts anticipate that Pool will post 10.98 earnings per share for the current fiscal year.

Pool Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Thursday, August 27th. Shareholders of record on Thursday, August 13th were issued a dividend of $1.30 per share. This represents a $5.20 annualized dividend and a yield of 2.6%. The ex-dividend date was Thursday, August 13th. Pool’s dividend payout ratio (DPR) is 47.84%.

Hedge Funds Weigh In On Pool

A number of institutional investors have recently modified their holdings of POOL. BlackRock Inc. bought a new position in Pool in the 2nd quarter worth $866,576,000. Bank of New York Mellon Corp acquired a new stake in shares of Pool in the second quarter valued at about $148,216,000. Southpoint Capital Advisors LP grew its position in shares of Pool by 66.7% in the first quarter. Southpoint Capital Advisors LP now owns 500,000 shares of the specialty retailer’s stock valued at $101,165,000 after purchasing an additional 200,000 shares during the last quarter. Corient Private Wealth LP lifted its position in shares of Pool by 59.5% during the 2nd quarter. Corient Private Wealth LP now owns 433,569 shares of the specialty retailer’s stock worth $93,174,000 after purchasing an additional 161,787 shares during the last quarter. Finally, Bank of America Corp DE boosted its stake in Pool by 48.0% during the 1st quarter. Bank of America Corp DE now owns 261,402 shares of the specialty retailer’s stock valued at $52,889,000 after purchasing an additional 84,817 shares during the period. Institutional investors own 98.99% of the company’s stock.

More Pool News

Here are the key news stories impacting Pool this week:

• Positive Sentiment: Third-quarter net sales rose 4% year over year to approximately $1.5 billion, accelerating from 2% growth in the prior quarter. Growth was supported by pricing, solid maintenance demand and improving building-materials sales. Pool Corporation Reports Third Quarter Results
• Positive Sentiment: Adjusted earnings came in at $3.40 per diluted share, ahead of the $3.36 consensus estimate, while revenue also topped expectations of roughly $1.48 billion. Pool reportedly passed higher freight costs on to customers, helping protect margins. Pool Corp. Surpasses Q3 Earnings and Revenue Estimates
• Positive Sentiment: Year-to-date operating cash flow increased 47% to $420 million, strengthening the investment case for investors focused on cash generation. Pool Corp: 3 Key Takeaways for Long-Term Investors
• Positive Sentiment: Stephens raised its price target from $200 to $230 and upgraded the stock to “overweight,” implying additional potential upside based on the provided share price.
• Neutral Sentiment: Pool reaffirmed adjusted 2026 EPS guidance of $10.87-$11.17 and forecast full-year sales growth of 3%-4%, broadly in line with the $10.98 analyst consensus. This supports stability but was not a major upward revision. Pool Reaffirms 2026 Adjusted EPS Guidance
• Negative Sentiment: Operating income declined 3% to $172.2 million and reported EPS was essentially flat year over year, indicating that cost pressures continue despite the sales improvement.
• Negative Sentiment: Wells Fargo maintained an “equal weight” rating despite raising its price target to $190 from $165, while post-earnings commentary cautioned that the recent rally may have outpaced the underlying improvement.

About Pool

Pool Corporation, doing business as POOLCORP, is a wholesale distributor of swimming pool and outdoor living products. The company supplies pool contractors, retailers, builders, and service professionals with products used to construct, renovate, maintain, and enhance residential and commercial pools.

Its product offerings include swimming pool equipment, pumps, filters, heaters, cleaners, lighting, chemicals, replacement parts, and maintenance supplies. POOLCORP also distributes products for outdoor living, including patio and recreational items, as well as irrigation and landscape-related supplies in selected markets.

Founded in 1993 and headquartered in Covington, Louisiana, POOLCORP serves customers through a network of distribution centers and sales operations in the United States, Canada, Europe, and Australia.