Pool Corp. (NASDAQ:POOL) shares reached a new 52-week high during mid-day trading on Thursday . The stock traded as high as $102.86 and last traded at $102.44, with a volume of 112,683 shares changing hands. The stock had previously closed at $101.14.

POOL has been the topic of several recent analyst reports. Wedbush initiated coverage on shares of Pool Corp. in a research note on Wednesday. They set an “outperform” rating on the stock. Zacks Investment Research raised shares of Pool Corp. from a “hold” rating to a “buy” rating and set a $110.00 target price on the stock in a research note on Friday, July 22nd. Johnson Rice downgraded shares of Pool Corp. from a “buy” rating to an “accumulate” rating in a research note on Friday, July 15th. Finally, Robert W. Baird initiated coverage on shares of Pool Corp. in a research note on Monday, June 6th. They set an “outperform” rating on the stock. Three investment analysts have rated the stock with a hold rating and six have issued a buy rating to the stock. The company presently has a consensus rating of “Buy” and an average price target of $90.60.

The company has a market cap of $4.30 billion and a price-to-earnings ratio of 31.06. The firm has a 50-day moving average price of $99.29 and a 200-day moving average price of $90.30.

Pool Corp. (NASDAQ:POOL) last announced its quarterly earnings data on Thursday, July 21st. The company reported $1.98 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.93 by $0.05. The business earned $918.90 million during the quarter, compared to the consensus estimate of $904.82 million. During the same period in the previous year, the business posted $1.75 earnings per share. Pool Corp.’s revenue was up 7.9% compared to the same quarter last year. On average, analysts predict that Pool Corp. will post $3.44 EPS for the current fiscal year.

The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, August 24th. Shareholders of record on Wednesday, August 10th were paid a $0.31 dividend. The ex-dividend date of this dividend was Monday, August 8th. This is an increase from Pool Corp.’s previous quarterly dividend of $0.26. This represents a $1.24 dividend on an annualized basis and a yield of 1.23%.

In other Pool Corp. news, insider Hart Melanie Housey sold 2,000 shares of the firm’s stock in a transaction that occurred on Monday, August 1st. The shares were sold at an average price of $102.31, for a total value of $204,620.00. Following the transaction, the insider now directly owns 9,290 shares of the company’s stock, valued at $950,459.90. The sale was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, CEO De La Mesa Manuel J. Perez sold 30,000 shares of the firm’s stock in a transaction that occurred on Monday, July 25th. The shares were sold at an average price of $100.70, for a total transaction of $3,021,000.00. Following the completion of the transaction, the chief executive officer now directly owns 72,511 shares in the company, valued at $7,301,857.70. The disclosure for this sale can be found here.

An institutional investor recently raised its position in Pool Corp. stock. Bank of Montreal Can raised its position in shares of Pool Corp. (NASDAQ:POOL) by 1.3% during the fourth quarter, according to its most recent filing with the SEC. The fund owned 22,285 shares of the company’s stock after buying an additional 278 shares during the period. Bank of Montreal Can owned 0.05% of Pool Corp. worth $1,800,000 at the end of the most recent reporting period.

Pool Corporation is a distributor of swimming pool supplies, equipment and related leisure products. The Company is also a distributor of irrigation and landscape products in the United States. The Company operates over 340 sales centers in North America, Europe, South America and Australia through its over four distribution networks, such as SCP Distributors (SCP), Superior Pool Products (Superior), Horizon Distributors (Horizon) and National Pool Tile (NPT).

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