Pool Corporation $POOL Position Trimmed by Thompson Investment Management Inc.

Thompson Investment Management Inc. trimmed its holdings in shares of Pool Corporation (NASDAQ:POOL) by 6.9% in the second quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 675 shares of the specialty retailer’s stock after selling 50 shares during the period. Thompson Investment Management Inc.’s holdings in Pool were worth $197,000 as of its most recent SEC filing.

A number of other large investors have also recently added to or reduced their stakes in the business. L. Roy Papp & Associates LLP boosted its holdings in Pool by 11.5% during the second quarter. L. Roy Papp & Associates LLP now owns 2,135 shares of the specialty retailer’s stock worth $622,000 after buying an additional 221 shares in the last quarter. Callan Family Office LLC bought a new stake in Pool during the second quarter worth approximately $251,000. Roundview Capital LLC boosted its holdings in Pool by 67.2% during the second quarter. Roundview Capital LLC now owns 2,498 shares of the specialty retailer’s stock worth $728,000 after buying an additional 1,004 shares in the last quarter. KLP Kapitalforvaltning AS boosted its stake in Pool by 1.6% in the 2nd quarter. KLP Kapitalforvaltning AS now owns 12,700 shares of the specialty retailer’s stock worth $3,702,000 after purchasing an additional 200 shares during the period. Finally, Litman Gregory Wealth Management LLC boosted its stake in Pool by 5.6% in the 2nd quarter. Litman Gregory Wealth Management LLC now owns 11,321 shares of the specialty retailer’s stock worth $3,300,000 after purchasing an additional 599 shares during the period. 98.99% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

A number of equities analysts recently commented on POOL shares. Robert W. Baird raised their price objective on shares of Pool from $310.00 to $340.00 and gave the stock a “neutral” rating in a research note on Friday, July 25th. KeyCorp started coverage on shares of Pool in a research note on Tuesday, September 30th. They issued a “sector weight” rating for the company. Weiss Ratings reaffirmed a “hold (c-)” rating on shares of Pool in a research note on Wednesday. Guggenheim started coverage on shares of Pool in a research note on Wednesday. They issued a “neutral” rating for the company. Finally, Oppenheimer raised their price objective on shares of Pool from $322.00 to $346.00 and gave the stock an “outperform” rating in a research note on Tuesday, July 29th. Two equities research analysts have rated the stock with a Buy rating and eight have assigned a Hold rating to the company. According to MarketBeat, the company presently has an average rating of “Hold” and an average price target of $342.14.

Pool Stock Down 2.1%

POOL stock opened at $289.91 on Friday. Pool Corporation has a 12-month low of $282.22 and a 12-month high of $395.60. The company has a quick ratio of 0.87, a current ratio of 2.52 and a debt-to-equity ratio of 0.93. The company has a market cap of $10.82 billion, a price-to-earnings ratio of 26.74, a PEG ratio of 3.58 and a beta of 1.11. The company has a 50 day moving average of $314.60 and a two-hundred day moving average of $307.80.

Pool (NASDAQ:POOL) last released its earnings results on Thursday, July 24th. The specialty retailer reported $5.17 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $5.12 by $0.05. Pool had a net margin of 7.79% and a return on equity of 30.99%. The company had revenue of $1.78 billion during the quarter, compared to the consensus estimate of $1.79 billion. During the same quarter in the prior year, the firm earned $4.99 EPS. The company’s revenue was up .9% compared to the same quarter last year. Pool has set its FY 2025 guidance at 10.700-11.200 EPS. On average, equities analysts anticipate that Pool Corporation will post 11.32 earnings per share for the current fiscal year.

Pool Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Thursday, August 28th. Stockholders of record on Thursday, August 14th were issued a dividend of $1.25 per share. The ex-dividend date was Thursday, August 14th. This represents a $5.00 dividend on an annualized basis and a dividend yield of 1.7%. Pool’s dividend payout ratio (DPR) is currently 46.13%.

Pool Profile

Pool Corporation distributes swimming pool supplies, equipment, and related leisure products in the United States and internationally. The company offers maintenance products, including chemicals, supplies, and pool accessories; repair and replacement parts for pool equipment, such as cleaners, filters, heaters, pumps, and lights; and building materials, such as concrete, plumbing and electrical components, functional and decorative pool surfaces, decking materials, tiles, hardscapes, and natural stones for pool installations and remodeling.