Pool (NASDAQ:POOL) Director Acquires $1,025,000.00 in Stock

Pool Corporation (NASDAQ:POOL) Director De La Mesa Manuel Perez purchased 5,000 shares of the company’s stock in a transaction that occurred on Friday, March 13th. The shares were purchased 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 $22,572,140. This trade represents a 4.76% increase in their position. The purchase was disclosed in a document filed with the SEC, which is available at this link.

Pool Stock Down 0.7%

Shares of NASDAQ:POOL opened at $204.36 on Friday. The company has a debt-to-equity ratio of 1.00, a current ratio of 2.24 and a quick ratio of 0.59. The business has a 50 day simple moving average of $242.28 and a two-hundred day simple moving average of $261.38. Pool Corporation has a 1 year low of $200.99 and a 1 year high of $345.00. The firm has a market capitalization of $7.52 billion, a PE ratio of 18.85, a price-to-earnings-growth ratio of 2.57 and a beta of 1.25.

Pool (NASDAQ:POOL) last released its earnings results on Thursday, February 19th. The specialty retailer reported $0.84 earnings per share for the quarter, missing the consensus estimate 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 the consensus estimate of $999.14 million. During the same quarter last year, the business posted $0.97 earnings per share. The firm’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 predict that Pool Corporation will post 11.32 EPS for the current year.

Pool Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Thursday, March 26th. Stockholders of record on Thursday, March 12th will be paid a dividend of $1.25 per share. This represents a $5.00 annualized dividend and a dividend yield of 2.4%. The ex-dividend date of this dividend is Thursday, March 12th. Pool’s payout ratio is currently 46.13%.

Wall Street Analysts Forecast Growth

Several research analysts recently issued reports on the company. Stifel Nicolaus dropped their price objective on Pool from $240.00 to $232.00 and set a “hold” rating on the stock in a research note on Monday, February 23rd. The Goldman Sachs Group decreased their target price on Pool from $360.00 to $310.00 and set a “buy” rating for the company in a research report on Tuesday, January 13th. Weiss Ratings reiterated a “sell (d+)” rating on shares of Pool in a report on Monday, December 29th. Wells Fargo & Company dropped their price target on Pool from $275.00 to $230.00 and set an “equal weight” rating on the stock in a research report on Friday, February 20th. Finally, Cfra upgraded Pool from a “hold” rating to a “buy” rating and set a $304.00 price target on the stock in a research note on Monday, December 22nd. Five equities research analysts have rated the stock with a Buy rating, six have given a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat, the company has a consensus rating of “Hold” and an average price target of $281.50.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently made changes to their positions in the stock. Clearstead Advisors LLC lifted 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 last quarter. Root Financial Partners LLC purchased a new position in Pool in the third quarter valued at about $29,000. Private Trust Co. NA raised its holdings in Pool by 78.6% in the fourth quarter. Private Trust Co. NA now owns 125 shares of the specialty retailer’s stock worth $29,000 after purchasing an additional 55 shares in the last quarter. CYBER HORNET ETFs LLC bought a new position in Pool in the second quarter worth about $30,000. Finally, Covestor Ltd lifted its position in shares of Pool by 348.4% during the fourth quarter. Covestor Ltd now owns 139 shares of the specialty retailer’s stock valued at $32,000 after buying an additional 108 shares during the last quarter. 98.99% of the stock is currently owned by hedge funds and other institutional investors.

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.