Nisa Investment Advisors LLC Boosts Holdings in Pool Corporation $POOL

Nisa Investment Advisors LLC increased its holdings in Pool Corporation (NASDAQ:POOL) by 1.4% in the 2nd quarter, according to its most recent disclosure with the SEC. The firm owned 18,441 shares of the specialty retailer’s stock after acquiring an additional 254 shares during the period. Nisa Investment Advisors LLC’s holdings in Pool were worth $5,375,000 at the end of the most recent quarter.

Several other hedge funds also recently added to or reduced their stakes in the business. Oppenheimer Asset Management Inc. grew its holdings in shares of Pool by 6.4% during the 2nd quarter. Oppenheimer Asset Management Inc. now owns 11,195 shares of the specialty retailer’s stock worth $3,263,000 after purchasing an additional 675 shares during the period. Sage Mountain Advisors LLC purchased a new position in Pool during the second quarter worth about $332,000. AlphaQuest LLC boosted its stake in Pool by 631.9% during the second quarter. AlphaQuest LLC now owns 527 shares of the specialty retailer’s stock worth $154,000 after buying an additional 455 shares during the period. Sumitomo Mitsui Trust Group Inc. boosted its stake in Pool by 3.5% during the second quarter. Sumitomo Mitsui Trust Group Inc. now owns 89,023 shares of the specialty retailer’s stock worth $25,948,000 after buying an additional 3,045 shares during the period. Finally, R Squared Ltd purchased a new position in Pool during the second quarter worth about $274,000. 98.99% of the stock is currently owned by hedge funds and other institutional investors.

Pool Price Performance

POOL stock opened at $286.95 on Wednesday. The business has a 50 day moving average price of $309.44 and a 200 day moving average price of $306.17. The stock has a market cap of $10.71 billion, a price-to-earnings ratio of 26.16, a PEG ratio of 4.09 and a beta of 1.11. Pool Corporation has a fifty-two week low of $282.22 and a fifty-two week high of $395.60. The company has a quick ratio of 0.87, a current ratio of 2.57 and a debt-to-equity ratio of 0.76.

Pool (NASDAQ:POOL) last announced its quarterly earnings results on Thursday, October 23rd. The specialty retailer reported $3.39 earnings per share for the quarter, beating analysts’ consensus estimates of $3.38 by $0.01. Pool had a net margin of 7.77% and a return on equity of 31.40%. The firm had revenue of $1.45 billion during the quarter, compared to analysts’ expectations of $1.46 billion. During the same period in the previous year, the company earned $3.26 earnings per share. Pool’s quarterly revenue was up 1.3% compared to the same quarter last year. Pool has set its FY 2025 guidance at 10.700-11.200 EPS. Equities research analysts anticipate that Pool Corporation will post 11.32 earnings per share for the current fiscal year.

Analyst Ratings Changes

A number of research firms recently weighed in on POOL. William Blair reaffirmed a “market perform” rating on shares of Pool in a research report on Wednesday, October 15th. Weiss Ratings restated a “hold (c-)” rating on shares of Pool in a research report on Wednesday, October 8th. Wells Fargo & Company raised their price target on Pool from $300.00 to $320.00 and gave the stock an “equal weight” rating in a research report on Tuesday, July 8th. Guggenheim began coverage on Pool in a report on Wednesday, October 8th. They set a “neutral” rating for the company. Finally, The Goldman Sachs Group set a $360.00 target price on Pool and gave the company a “buy” rating in a report on Thursday, October 23rd. Three analysts have rated the stock with a Buy rating and eight have given a Hold rating to the company. According to MarketBeat, Pool has an average rating of “Hold” and a consensus target price of $337.86.

Pool Company 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.