Pool Corporation (NASDAQ:POOL – Get Free Report) Director De La Mesa Manuel Perez acquired 10,000 shares of the stock in a transaction dated Wednesday, May 13th. The stock was bought at an average cost of $175.95 per share, with a total value of $1,759,500.00. Following the completion of the purchase, the director directly owned 40,108 shares in the company, valued at approximately $7,057,002.60. The trade was a 33.21% increase in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through this link.
Pool Price Performance
Shares of POOL stock opened at $175.35 on Friday. Pool Corporation has a 52-week low of $172.70 and a 52-week high of $345.00. The company has a debt-to-equity ratio of 1.09, a quick ratio of 0.55 and a current ratio of 1.87. The firm has a market capitalization of $6.39 billion, a P/E ratio of 16.13, a P/E/G ratio of 2.22 and a beta of 1.16. The stock has a 50 day moving average price of $207.13 and a 200 day moving average price of $233.07.
Pool (NASDAQ:POOL – Get Free Report) last issued its quarterly earnings results on Thursday, April 23rd. The specialty retailer reported $1.43 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.34 by $0.09. The firm had revenue of $1.14 billion during the quarter, compared to analyst estimates of $1.82 billion. Pool had a return on equity of 32.37% and a net margin of 7.57%.Pool’s quarterly revenue was up 6.2% compared to the same quarter last year. During the same period last year, the company earned $1.32 EPS. Pool has set its FY 2026 guidance at 10.870-11.170 EPS. As a group, sell-side analysts predict that Pool Corporation will post 11.08 earnings per share for the current year.
Pool Increases Dividend
The business also recently declared a quarterly dividend, which will be paid on Thursday, May 28th. Stockholders of record on Thursday, May 14th will be issued a $1.30 dividend. The ex-dividend date is Thursday, May 14th. This represents a $5.20 dividend on an annualized basis and a dividend yield of 3.0%. This is a boost from Pool’s previous quarterly dividend of $1.25. Pool’s dividend payout ratio (DPR) is 47.84%.
Analyst Ratings Changes
POOL has been the topic of a number of analyst reports. Bank of America cut their price target on Pool from $229.00 to $226.00 and set an “underperform” rating on the stock in a report on Monday, April 20th. Zacks Research upgraded Pool from a “strong sell” rating to a “hold” rating in a report on Monday, April 27th. Deutsche Bank Aktiengesellschaft set a $246.00 target price on Pool in a research note on Friday, February 20th. Wall Street Zen upgraded Pool from a “sell” rating to a “hold” rating in a research note on Monday, April 27th. Finally, Robert W. Baird dropped their target price on Pool from $320.00 to $300.00 and set an “outperform” rating on the stock in a research note on Friday, February 20th. Four equities research analysts have rated the stock with a Buy rating, six have given a Hold rating and two have issued a Sell rating to the company. According to MarketBeat, the company currently has a consensus rating of “Hold” and a consensus target price of $261.38.
Read Our Latest Report on Pool
Institutional Trading of Pool
A number of institutional investors and hedge funds have recently added to or reduced their stakes in the company. CNB Bank lifted its position in Pool by 4.1% during 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 holdings 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 valued at $310,000 after buying an additional 40 shares during the period. Annis Gardner Whiting Capital Advisors LLC raised its holdings in Pool by 20.0% in the 4th quarter. Annis Gardner Whiting Capital Advisors LLC now owns 270 shares of the specialty retailer’s stock worth $62,000 after purchasing an additional 45 shares during the period. Wealthspire Advisors LLC raised its holdings in Pool by 4.8% in the 4th quarter. Wealthspire Advisors LLC now owns 1,051 shares of the specialty retailer’s stock worth $240,000 after purchasing an additional 48 shares during the period. Finally, Mufg Securities Americas Inc. raised its holdings in Pool by 6.4% in the 3rd quarter. Mufg Securities Americas Inc. now owns 886 shares of the specialty retailer’s stock worth $275,000 after purchasing an additional 53 shares during the period. Institutional investors and hedge funds own 98.99% of the company’s stock.
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.
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