Analysts Set Pool Corporation (NASDAQ:POOL) PT at $281.50

Shares of Pool Corporation (NASDAQ:POOL) have earned an average recommendation of “Hold” from the twelve brokerages that are covering the stock, Marketbeat reports. One analyst has rated the stock with a sell rating, six have given a hold rating and five have assigned a buy rating to the company. The average 1 year target price among brokerages that have updated their coverage on the stock in the last year is $281.50.

POOL has been the topic of a number of recent research reports. Robert W. Baird lowered 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. Deutsche Bank Aktiengesellschaft set a $246.00 price target on Pool in a research note on Friday, February 20th. The Goldman Sachs Group reduced their price target on Pool from $360.00 to $310.00 and set a “buy” rating for the company in a report on Tuesday, January 13th. Wall Street Zen raised Pool from a “sell” rating to a “hold” rating in a research note on Saturday. Finally, Stifel Nicolaus dropped their price objective on Pool from $240.00 to $232.00 and set a “hold” rating on the stock in a report on Monday, February 23rd.

Insider Activity

In other Pool news, Director De La Mesa Manuel J. Perez acquired 5,000 shares of the firm’s stock in a transaction that occurred on Friday, March 13th. The stock was purchased at an average cost of $205.00 per share, for a total transaction of $1,025,000.00. Following the completion of the acquisition, the director owned 110,108 shares of the company’s stock, valued at approximately $22,572,140. This trade represents a 4.76% increase in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, CFO Melanie M. Hart sold 2,750 shares of the stock in a transaction on Tuesday, February 24th. The stock was sold at an average price of $220.00, for a total transaction of $605,000.00. Following the transaction, the chief financial officer directly owned 18,039 shares in the company, valued at $3,968,580. The trade was a 13.23% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. 3.00% of the stock is owned by insiders.

Institutional Trading of Pool

A number of institutional investors and hedge funds have recently made changes to their positions in POOL. Berkshire Hathaway Inc lifted its stake in shares of Pool by 136.3% in the second quarter. Berkshire Hathaway Inc now owns 3,458,885 shares of the specialty retailer’s stock worth $1,008,196,000 after buying an additional 1,994,885 shares during the last quarter. Caledonia Investments PLC grew its stake in Pool by 5.2% in the 3rd quarter. Caledonia Investments PLC now owns 160,887 shares of the specialty retailer’s stock valued at $49,886,000 after buying an additional 8,000 shares during the last quarter. Universal Beteiligungs und Servicegesellschaft mbH raised its holdings in Pool by 224.7% in the 2nd quarter. Universal Beteiligungs und Servicegesellschaft mbH now owns 61,696 shares of the specialty retailer’s stock worth $17,983,000 after acquiring an additional 42,696 shares during the period. Deprince Race & Zollo Inc. lifted its position in Pool by 43.9% during the 3rd quarter. Deprince Race & Zollo Inc. now owns 40,719 shares of the specialty retailer’s stock worth $12,626,000 after acquiring an additional 12,424 shares during the last quarter. Finally, Natixis boosted its holdings in Pool by 1,852.6% during the second quarter. Natixis now owns 66,799 shares of the specialty retailer’s stock valued at $19,471,000 after acquiring an additional 63,378 shares during the period. Institutional investors and hedge funds own 98.99% of the company’s stock.

Pool Stock Down 2.0%

Pool stock opened at $200.34 on Monday. Pool has a twelve month low of $197.68 and a twelve month high of $345.00. The company has a debt-to-equity ratio of 1.00, a quick ratio of 0.59 and a current ratio of 2.24. The firm has a market cap of $7.37 billion, a PE ratio of 18.48, a P/E/G ratio of 2.55 and a beta of 1.25. The firm’s 50 day moving average price is $241.25 and its two-hundred day moving average price is $260.62.

Pool (NASDAQ:POOL) last posted its quarterly earnings results on Thursday, February 19th. The specialty retailer reported $0.84 EPS for the quarter, missing the consensus estimate of $0.99 by ($0.15). Pool had a net margin of 7.67% and a return on equity of 31.49%. The company had revenue of $982.21 million for the quarter, compared to analysts’ expectations of $999.14 million. During the same quarter in the prior year, the firm earned $0.97 earnings per share. The company’s revenue was down .5% on a year-over-year basis. Pool has set its FY 2026 guidance at 10.850-11.150 EPS. On average, research analysts predict that Pool will post 11.32 EPS for the current fiscal year.

Pool Dividend Announcement

The firm 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. The ex-dividend date is Thursday, March 12th. This represents a $5.00 annualized dividend and a dividend yield of 2.5%. Pool’s dividend payout ratio is 46.13%.

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.