Pool (NASDAQ:POOL) Price Target Cut to $226.00 by Analysts at Bank of America

Pool (NASDAQ:POOL) had its price objective reduced by analysts at Bank of America from $229.00 to $226.00 in a research note issued on Monday,Benzinga reports. The firm currently has an “underperform” rating on the specialty retailer’s stock. Bank of America‘s price objective would indicate a potential downside of 0.71% from the company’s previous close.

A number of other equities analysts have also issued reports on POOL. Oppenheimer reduced their price target on shares of 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 price target on shares of Pool from $320.00 to $300.00 and set an “outperform” rating for the company in a research report on Friday, February 20th. The Goldman Sachs Group reduced their price target on shares of 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 target on shares of Pool in a research report on Friday, February 20th. Finally, Zacks Research lowered shares of Pool from a “hold” rating to a “strong sell” rating in a research report on Friday, March 27th. Five research analysts have rated the stock with a Buy rating, five have assigned a Hold rating and three have assigned a Sell rating to the company. Based on data from MarketBeat, the stock currently has a consensus rating of “Hold” and an average price target of $273.67.

Pool Stock Performance

POOL opened at $227.62 on Monday. Pool has a 12-month low of $195.49 and a 12-month high of $345.00. The company has a current ratio of 2.24, a quick ratio of 0.59 and a debt-to-equity ratio of 1.00. The firm has a market capitalization of $8.35 billion, a PE ratio of 21.00, a P/E/G ratio of 2.85 and a beta of 1.26. The firm has a 50 day moving average of $220.06 and a two-hundred day moving average of $244.52.

Pool (NASDAQ:POOL) last posted its quarterly earnings results 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 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 analysts’ expectations of $999.14 million. During the same period in the prior year, the business posted $0.97 earnings per share. The business’s quarterly revenue 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, analysts anticipate that Pool will post 11.32 EPS for the current year.

Insider Transactions at Pool

In other news, Director De La Mesa Manuel J. Perez acquired 5,000 shares of the company’s stock in a transaction dated Friday, March 13th. The shares were acquired at an average price of $205.00 per share, with a total value of $1,025,000.00. Following the purchase, the director directly owned 110,108 shares of the company’s stock, valued at $22,572,140. This trade represents a 4.76% increase in their ownership of the stock. The purchase was disclosed in a filing with the SEC, which is accessible through this hyperlink. Also, SVP Romain Kenneth G. St acquired 5,560 shares of the company’s stock in a transaction dated Monday, February 23rd. The shares were purchased at an average cost of $218.67 per share, for a total transaction of $1,215,805.20. Following the purchase, the senior vice president directly owned 82,845 shares in the company, valued at approximately $18,115,716.15. This trade represents a 7.19% increase in their ownership of the stock. The disclosure for this purchase is available in the SEC filing. Corporate insiders own 3.00% of the company’s stock.

Institutional Investors Weigh In On Pool

Hedge funds and other institutional investors have recently made changes to their positions in the company. Clearstead Advisors LLC grew its stake in shares of Pool by 100.0% during the 4th quarter. Clearstead Advisors LLC now owns 122 shares of the specialty retailer’s stock worth $28,000 after purchasing an additional 61 shares during the period. Root Financial Partners LLC acquired a new stake in Pool in the 3rd quarter valued at $29,000. Private Trust Co. NA grew its stake in Pool by 78.6% in the 4th quarter. Private Trust Co. NA now owns 125 shares of the specialty retailer’s stock valued at $29,000 after acquiring an additional 55 shares during the period. CYBER HORNET ETFs LLC acquired a new stake in Pool in the 2nd quarter valued at $30,000. Finally, Covestor Ltd grew its stake in Pool by 348.4% in the 4th quarter. Covestor Ltd now owns 139 shares of the specialty retailer’s stock valued at $32,000 after acquiring an additional 108 shares during the period. Institutional investors and hedge funds own 98.99% of the company’s stock.

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.