EULAV Asset Management Has $33.46 Million Holdings in Pool Corporation $POOL

EULAV Asset Management cut its position in Pool Corporation (NASDAQ:POOL) by 21.9% during the fourth quarter, HoldingsChannel.com reports. The institutional investor owned 146,261 shares of the specialty retailer’s stock after selling 41,000 shares during the quarter. EULAV Asset Management’s holdings in Pool were worth $33,457,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors have also bought and sold shares of POOL. Norges Bank acquired a new position in Pool in the 4th quarter valued at $97,612,000. Wellington Management Group LLP grew its stake in 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 buying an additional 357,643 shares during the last quarter. Worldquant Millennium Advisors LLC grew its stake in 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 buying an additional 180,977 shares during the last quarter. TD Asset Management Inc grew its stake in 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 buying an additional 130,236 shares during the last quarter. Finally, Northwestern Mutual Wealth Management Co. grew its stake in Pool by 10,170.5% in the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 84,218 shares of the specialty retailer’s stock valued at $19,265,000 after buying an additional 83,398 shares during the last quarter. 98.99% of the stock is currently owned by institutional investors and hedge funds.

Key Pool News

Here are the key news stories impacting Pool this week:

• Positive Sentiment: Recent coverage highlighted Pool Corporation as a leader in pool distributors, which may reinforce the company’s long-term competitive positioning and brand strength. What Makes Pool Corporation (POOL) a Leader in Pool Distributors?
• Neutral Sentiment: An additional write-up repeated the same “leader in pool distributors” theme, but it appears to be a commentary piece rather than a new market-moving development. What Makes Pool Corporation (POOL) a Leader in Pool Distributors?
• Neutral Sentiment: The remaining headlines mentioning “pool” were unrelated to Pool Corporation, focusing on the Lincoln Memorial reflecting pool and political commentary, so they should not materially affect POOL shares.

Wall Street Analyst Weigh In

POOL has been the topic of a number of research analyst reports. Wall Street Zen upgraded shares of Pool from a “sell” rating to a “hold” rating in a research note on Monday, April 27th. Stifel Nicolaus reduced their price target on shares of Pool from $240.00 to $210.00 and set a “hold” rating for the company in a report on Monday, May 11th. Wells Fargo & Company decreased their price target on shares of Pool from $230.00 to $215.00 and set an “equal weight” rating on the stock in a research report on Wednesday, April 8th. Bank of America decreased their price target on shares of Pool from $229.00 to $226.00 and set an “underperform” rating on the stock in a research report on Monday, April 20th. Finally, Zacks Research upgraded shares of Pool from a “strong sell” rating to a “hold” rating in a research report on Monday, April 27th. Four analysts have rated the stock with a Buy rating, six have given a Hold rating and two have assigned a Sell rating to the stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Hold” and an average target price of $261.38.

Insider Buying and Selling at Pool

In other Pool news, Director David G. Whalen acquired 525 shares of Pool stock in a transaction dated Friday, May 8th. The stock was bought at an average cost of $190.44 per share, with a total value of $99,981.00. Following the acquisition, the director owned 8,936 shares of the company’s stock, valued at approximately $1,701,771.84. The trade was a 6.24% increase in their ownership of the stock. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, Director De La Mesa Manuel J. Perez acquired 10,000 shares of Pool stock in a transaction dated Wednesday, May 13th. The shares were acquired 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 directly owned 40,108 shares in the company, valued at $7,057,002.60. This trade represents a 33.21% increase in their position. Additional details regarding this purchase are available in the official SEC disclosure. Insiders purchased a total of 26,989 shares of company stock valued at $5,067,747 over the last quarter. 3.00% of the stock is currently owned by insiders.

Pool Stock Performance

NASDAQ POOL opened at $185.52 on Friday. 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 firm has a market capitalization of $6.76 billion, a price-to-earnings ratio of 17.07, a P/E/G ratio of 2.32 and a beta of 1.10. The company’s fifty day moving average is $199.52 and its two-hundred day moving average is $224.79. Pool Corporation has a 52-week low of $172.68 and a 52-week high of $345.00.

Pool (NASDAQ:POOL) last posted its quarterly earnings results on Thursday, April 23rd. The specialty retailer reported $1.43 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.34 by $0.09. The company had revenue of $1.14 billion for the quarter, compared to analyst estimates of $1.82 billion. Pool had a net margin of 7.57% and a return on equity of 32.37%. The business’s quarterly revenue was up 6.2% on a year-over-year basis. During the same period last year, the business posted $1.32 EPS. Pool has set its FY 2026 guidance at 10.870-11.170 EPS. Equities research analysts forecast that Pool Corporation will post 11.08 EPS for the current year.

Pool Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, May 28th. Stockholders of record on Thursday, May 14th were issued a dividend of $1.30 per share. This represents a $5.20 dividend on an annualized basis and a dividend yield of 2.8%. The ex-dividend date of this dividend was Thursday, May 14th. This is a positive change from Pool’s previous quarterly dividend of $1.25. Pool’s payout ratio is 47.84%.

Pool declared that its board has approved a share repurchase program on Wednesday, April 29th that allows the company to buyback $600.00 million in shares. This buyback authorization allows the specialty retailer to repurchase up to 7.8% of its shares through open market purchases. Shares buyback programs are often a sign that the company’s board believes its shares are undervalued.

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.