Pool (NASDAQ:POOL – Get Free Report) was upgraded by investment analysts at Wall Street Zen from a “sell” rating to a “hold” rating in a report issued on Saturday.
POOL has been the subject of a number of other research reports. The Goldman Sachs Group reduced 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. Deutsche Bank Aktiengesellschaft set a $246.00 price objective on Pool in a research report on Friday, February 20th. Oppenheimer reduced their price objective on Pool from $346.00 to $280.00 and set an “outperform” rating for the company in a research report on Tuesday, February 24th. Robert W. Baird reduced their target price on shares of Pool from $320.00 to $300.00 and set an “outperform” rating for the company in a research note on Friday, February 20th. Finally, Stifel Nicolaus reduced their target price on shares of Pool from $240.00 to $232.00 and set a “hold” rating for the company in a research note on Monday, February 23rd. Five research analysts have rated the stock with a Buy rating, five have issued a Hold rating and two have assigned a Sell rating to the company’s stock. Based on data from MarketBeat, Pool presently has a consensus rating of “Hold” and an average price target of $279.63.
Get Our Latest Stock Report on Pool
Pool Stock Performance
Pool (NASDAQ:POOL – Get Free Report) last released its quarterly earnings data on Thursday, February 19th. The specialty retailer reported $0.84 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.99 by ($0.15). Pool had a net margin of 7.67% and a return on equity of 31.49%. The company 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 firm earned $0.97 EPS. The company’s revenue for the quarter was down .5% compared to the same quarter last year. Pool has set its FY 2026 guidance at 10.850-11.150 EPS. On average, equities analysts forecast that Pool will post 11.32 earnings per share for the current year.
Insiders Place Their Bets
In other Pool news, SVP Romain Kenneth G. St purchased 5,560 shares of Pool stock in a transaction on Monday, February 23rd. The stock was bought 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 $18,115,716.15. The trade was a 7.19% increase in their position. The transaction was disclosed in a filing with the SEC, which is accessible through this link. Also, Director De La Mesa Manuel J. Perez purchased 5,000 shares of Pool 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 completion of the purchase, the director owned 110,108 shares in the company, valued at approximately $22,572,140. This trade represents a 4.76% increase in their position. The disclosure for this purchase is available in the SEC filing. 3.00% of the stock is currently owned by insiders.
Institutional Trading of Pool
A number of institutional investors have recently made changes to their positions in the stock. CNB Bank lifted its stake in shares of Pool by 4.1% in the 3rd quarter. CNB Bank now owns 918 shares of the specialty retailer’s stock worth $285,000 after acquiring an additional 36 shares during the period. Keybank National Association OH lifted its stake in shares of Pool by 4.2% in the 3rd quarter. Keybank National Association OH now owns 999 shares of the specialty retailer’s stock worth $310,000 after acquiring an additional 40 shares during the period. MassMutual Private Wealth & Trust FSB lifted its holdings in shares of Pool by 22.0% in the third quarter. MassMutual Private Wealth & Trust FSB now owns 227 shares of the specialty retailer’s stock valued at $70,000 after buying an additional 41 shares during the period. Annis Gardner Whiting Capital Advisors LLC boosted its stake in Pool by 20.0% during the fourth quarter. Annis Gardner Whiting Capital Advisors LLC now owns 270 shares of the specialty retailer’s stock valued at $62,000 after buying an additional 45 shares in the last quarter. Finally, Mitchell & Pahl Private Wealth LLC boosted its stake in Pool by 1.4% during the third quarter. Mitchell & Pahl Private Wealth LLC now owns 3,228 shares of the specialty retailer’s stock valued at $1,001,000 after buying an additional 46 shares in the last quarter. 98.99% of the stock is owned by institutional investors and hedge funds.
Pool Company 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.
Featured Stories
Receive News & Ratings for Pool Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Pool and related companies with MarketBeat.com's FREE daily email newsletter.
