Handelsbanken Fonder AB Sells 59,160 Shares of Pool Corporation $POOL

Handelsbanken Fonder AB cut its stake in Pool Corporation (NASDAQ:POOL) by 37.9% in the fourth quarter, HoldingsChannel reports. The fund owned 96,884 shares of the specialty retailer’s stock after selling 59,160 shares during the period. Handelsbanken Fonder AB’s holdings in Pool were worth $22,162,000 at the end of the most recent reporting period.

Other institutional investors also recently modified their holdings of the company. Root Financial Partners LLC bought a new position in shares of Pool in the third quarter worth about $29,000. CYBER HORNET ETFs LLC bought a new position in shares of Pool in the second quarter worth about $30,000. MUFG Securities EMEA plc bought a new position in shares of Pool in the second quarter worth about $33,000. Private Trust Co. NA raised its stake in shares of 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 acquiring an additional 55 shares during the last quarter. Finally, Allworth Financial LP raised its stake in shares of Pool by 133.3% in the third quarter. Allworth Financial LP now owns 126 shares of the specialty retailer’s stock worth $39,000 after acquiring an additional 72 shares during the last quarter. 98.99% of the stock is owned by institutional investors.

Analysts Set New Price Targets

Several brokerages have recently commented on POOL. Zacks Research upgraded shares of Pool from a “strong sell” rating to a “hold” rating in a research report on Monday, April 27th. Weiss Ratings cut shares of Pool from a “hold (c-)” rating to a “sell (d+)” rating in a research report on Thursday, May 14th. Wells Fargo & Company lowered their price target on shares of Pool from $230.00 to $215.00 and set an “equal weight” rating for the company in a research report on Wednesday, April 8th. Stifel Nicolaus lowered their price target on shares of Pool from $240.00 to $210.00 and set a “hold” rating for the company in a research report on Monday, May 11th. Finally, Deutsche Bank Aktiengesellschaft set a $246.00 price target on shares of Pool in a research report on Friday, February 20th. Four investment analysts have rated the stock with a Buy rating, six have issued a Hold rating and two have assigned a Sell rating to the stock. Based on data from MarketBeat, Pool has an average rating of “Hold” and a consensus price target of $261.38.

Trending Headlines about Pool

Here are the key news stories impacting Pool this week:

• Positive Sentiment: Pool shares had recently shown some rebound momentum, with GuruFocus noting a 3.4% move higher on May 18 and highlighting the stock’s GF Score of 78, which may support investor interest. Pool Corp (POOL) Shares Surge 3.4% — What GF Score of 78 Tells Investors
• Neutral Sentiment: Several lifestyle and shopping articles referenced pools, pool noodles, and pool-cleaning products, but these are not direct business catalysts for Pool Corporation.
• Negative Sentiment: Zacks Research lowered Pool’s Q2 2026, Q2 2027, and FY2028 EPS estimates and kept a Hold rating, signaling muted expectations for earnings growth.
• Negative Sentiment: The stock is still trading well below its 50-day and 200-day moving averages, which suggests broader technical weakness remains a headwind for investors.

Pool Stock Up 1.8%

Shares of NASDAQ:POOL opened at $181.83 on Thursday. Pool Corporation has a one year low of $172.68 and a one year high of $345.00. The company has a 50 day moving average of $205.05 and a 200-day moving average of $230.49. 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 stock has a market cap of $6.63 billion, a price-to-earnings ratio of 16.73, a P/E/G ratio of 2.26 and a beta of 1.16.

Pool (NASDAQ:POOL) last issued its quarterly earnings data on Thursday, April 23rd. The specialty retailer reported $1.43 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.34 by $0.09. The firm had revenue of $1.14 billion during the quarter, compared to analysts’ expectations of $1.82 billion. Pool had a net margin of 7.57% and a return on equity of 32.37%. The business’s revenue for the quarter was up 6.2% on a year-over-year basis. During the same quarter in the previous year, the company earned $1.32 earnings per share. Pool has set its FY 2026 guidance at 10.870-11.170 EPS. On average, sell-side analysts forecast that Pool Corporation will post 11.08 earnings per share for the current year.

Pool Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, May 28th. Investors of record on Thursday, May 14th will be issued a dividend of $1.30 per share. This is an increase from Pool’s previous quarterly dividend of $1.25. This represents a $5.20 dividend on an annualized basis and a yield of 2.9%. The ex-dividend date is Thursday, May 14th. Pool’s dividend payout ratio is presently 47.84%.

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

Insider Activity

In related news, CFO Melanie M. Hart sold 2,750 shares of the business’s stock in a transaction that occurred on Tuesday, February 24th. The shares were sold at an average price of $220.00, for a total transaction of $605,000.00. Following the completion of the transaction, the chief financial officer owned 18,039 shares in the company, valued at approximately $3,968,580. The trade was a 13.23% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, SVP Romain Kenneth G. St acquired 5,560 shares of the firm’s stock in a transaction that occurred on Monday, February 23rd. The shares were purchased at an average price of $218.67 per share, with a total value of $1,215,805.20. Following the acquisition, the senior vice president owned 82,845 shares of the company’s stock, valued at approximately $18,115,716.15. This trade represents a 7.19% increase in their position. The SEC filing for this purchase provides additional information. In the last 90 days, insiders have acquired 32,549 shares of company stock valued at $6,283,552. 3.00% of the stock is currently owned by company insiders.

Pool 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.