RBF Capital LLC Buys Shares of 4,000 Pool Corporation $POOL

RBF Capital LLC bought a new stake in Pool Corporation (NASDAQ:POOLFree Report) during the 4th quarter, Holdings Channel reports. The firm bought 4,000 shares of the specialty retailer’s stock, valued at approximately $915,000.

Several other hedge funds and other institutional investors also recently modified their holdings of POOL. Norges Bank purchased a new position in shares of Pool in the 4th quarter valued at approximately $97,612,000. Wellington Management Group LLP grew its stake in shares of Pool by 16.2% in the 3rd quarter. Wellington Management Group LLP now owns 2,563,373 shares of the specialty retailer’s stock valued at $794,825,000 after purchasing an additional 357,643 shares during the last quarter. Worldquant Millennium Advisors LLC grew its stake in shares of Pool by 1,301.7% in the 2nd quarter. Worldquant Millennium Advisors LLC now owns 194,880 shares of the specialty retailer’s stock valued at $56,804,000 after purchasing an additional 180,977 shares during the last quarter. TD Asset Management Inc grew its stake in shares of Pool by 1,474.1% in the 4th quarter. TD Asset Management Inc now owns 139,071 shares of the specialty retailer’s stock valued at $31,812,000 after purchasing an additional 130,236 shares during the last quarter. Finally, Dimensional Fund Advisors LP grew its stake in shares of Pool by 29.6% in the 4th quarter. Dimensional Fund Advisors LP now owns 420,644 shares of the specialty retailer’s stock valued at $96,229,000 after purchasing an additional 96,173 shares during the last quarter. 98.99% of the stock is currently owned by hedge funds and other institutional investors.

Trending Headlines about Pool

Here are the key news stories impacting Pool this week:

  • Neutral Sentiment: Most of the recent headlines are unrelated to Pool Corporation and focus on the Lincoln Memorial reflecting pool algae issue, so they do not appear to materially affect POOL’s business outlook or earnings trajectory.
  • Neutral Sentiment: Several articles reference other companies’ “share award pools” or incentive pools, but these are unrelated corporate actions from non-U.S. firms and are not meaningful catalysts for Pool Corporation.
  • Neutral Sentiment: One private-equity announcement about forming a platform for pool service brands could be mildly supportive for the broader pool-services industry, but it does not directly involve Pool Corporation or change its near-term operating outlook.

Wall Street Analyst Weigh In

Several research analysts have weighed in on POOL shares. Bank of America lowered their target price on Pool from $229.00 to $226.00 and set an “underperform” rating on the stock in a research note on Monday, April 20th. Weiss Ratings downgraded Pool from a “hold (c-)” rating to a “sell (d+)” rating in a research note on Thursday, May 14th. Deutsche Bank Aktiengesellschaft set a $246.00 price target on Pool in a report on Friday, February 20th. Oppenheimer reduced their price target on Pool from $346.00 to $280.00 and set an “outperform” rating for the company in a report on Tuesday, February 24th. Finally, Zacks Research raised Pool from a “strong sell” rating to a “hold” rating in a report on Monday, April 27th. Four equities research analysts have rated the stock with a Buy rating, six have assigned a Hold rating and two have assigned a Sell rating to the company’s stock. According to data from MarketBeat, the company currently has a consensus rating of “Hold” and a consensus target price of $261.38.

Read Our Latest Stock Analysis on POOL

Insider Transactions at Pool

In other news, Director De La Mesa Manuel J. Perez acquired 10,000 shares of Pool stock in a transaction that occurred on Wednesday, May 13th. The stock was purchased at an average cost of $175.95 per share, with a total value of $1,759,500.00. Following the completion of the acquisition, the director owned 40,108 shares in the company, valued at $7,057,002.60. This trade represents a 33.21% increase in their position. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. Also, Director David G. Whalen acquired 525 shares of Pool stock in a transaction that occurred on Friday, May 8th. The shares were purchased at an average cost of $190.44 per share, with a total value of $99,981.00. Following the completion of the acquisition, the director owned 8,936 shares of the company’s stock, valued at $1,701,771.84. The trade was a 6.24% increase in their position. The disclosure for this purchase is available in the SEC filing. In the last ninety days, insiders bought 21,989 shares of company stock valued at $4,042,747. Company insiders own 3.00% of the company’s stock.

Pool Stock Up 3.7%

POOL opened at $198.08 on Wednesday. The company has a debt-to-equity ratio of 1.09, a current ratio of 1.87 and a quick ratio of 0.55. The business has a 50 day simple moving average of $198.15 and a 200-day simple moving average of $222.38. The stock has a market capitalization of $7.22 billion, a P/E ratio of 18.22, a P/E/G ratio of 2.42 and a beta of 1.10. Pool Corporation has a 12 month low of $172.68 and a 12 month high of $345.00.

Pool (NASDAQ:POOLGet Free Report) last posted its quarterly earnings results on Thursday, April 23rd. The specialty retailer reported $1.43 EPS for the quarter, beating the consensus estimate of $1.34 by $0.09. The business had revenue of $1.14 billion during the quarter, compared to analysts’ expectations of $1.82 billion. Pool had a return on equity of 32.37% and a net margin of 7.57%.The company’s quarterly revenue was up 6.2% compared to the same quarter last year. During the same period last year, the firm earned $1.32 EPS. Pool has set its FY 2026 guidance at 10.870-11.170 EPS. On average, equities analysts anticipate that Pool Corporation will post 11.08 earnings per share for the current fiscal year.

Pool Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Thursday, May 28th. Stockholders of record on Thursday, May 14th were issued a $1.30 dividend. The ex-dividend date of this dividend was Thursday, May 14th. This represents a $5.20 annualized dividend and a dividend yield of 2.6%. This is an increase from Pool’s previous quarterly dividend of $1.25. Pool’s payout ratio is 47.84%.

Pool declared that its Board of Directors has initiated a stock repurchase program on Wednesday, April 29th that permits the company to buyback $600.00 million in shares. This buyback authorization permits the specialty retailer to purchase up to 7.8% of its shares through open market purchases. Shares buyback programs are typically an indication that the company’s board believes its stock is undervalued.

About Pool

(Free Report)

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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Institutional Ownership by Quarter for Pool (NASDAQ:POOL)

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