Natixis Advisors LLC cut its holdings in Pool Corporation (NASDAQ:POOL – Free Report) by 4.2% during the 4th quarter, HoldingsChannel.com reports. The fund owned 63,965 shares of the specialty retailer’s stock after selling 2,833 shares during the period. Natixis Advisors LLC’s holdings in Pool were worth $14,632,000 as of its most recent SEC filing.
Several other hedge funds and other institutional investors have also added to or reduced their stakes in POOL. CYBER HORNET ETFs LLC bought a new position in shares of Pool during the 2nd quarter valued at $30,000. MUFG Securities EMEA plc bought a new position in shares of Pool during the 2nd quarter valued at $33,000. Clearstead Advisors LLC lifted its holdings in shares of Pool by 100.0% during the 4th quarter. Clearstead Advisors LLC now owns 122 shares of the specialty retailer’s stock valued at $28,000 after buying an additional 61 shares during the period. Private Trust Co. NA lifted its holdings in shares of Pool by 78.6% during the 4th quarter. Private Trust Co. NA now owns 125 shares of the specialty retailer’s stock valued at $29,000 after buying an additional 55 shares during the period. Finally, Allworth Financial LP lifted its holdings in shares of Pool by 133.3% during the 3rd quarter. Allworth Financial LP now owns 126 shares of the specialty retailer’s stock valued at $39,000 after buying an additional 72 shares during the period. 98.99% of the stock is owned by institutional investors.
Insider Buying and Selling
In related news, Director David G. Whalen acquired 525 shares of Pool stock in a transaction dated Friday, May 8th. The stock was purchased at an average cost of $190.44 per share, for a total transaction of $99,981.00. Following the purchase, the director directly owned 8,936 shares of the company’s stock, valued at approximately $1,701,771.84. This trade represents a 6.24% increase in their position. The purchase was disclosed in a filing with the SEC, which is accessible through this link. Also, Director De La Mesa Manuel J. Perez acquired 10,000 shares of Pool stock in a transaction dated Wednesday, May 13th. The stock was bought at an average price of $175.95 per share, with a total value of $1,759,500.00. Following the completion of the purchase, the director directly owned 40,108 shares in the company, valued at $7,057,002.60. This represents a 33.21% increase in their ownership of the stock. The SEC filing for this purchase provides additional information. Over the last quarter, insiders have bought 26,989 shares of company stock valued at $5,067,747. Company insiders own 3.00% of the company’s stock.
Pool Trading Up 1.3%
Pool (NASDAQ:POOL – Get Free Report) last posted its quarterly earnings data on Thursday, April 23rd. The specialty retailer reported $1.43 EPS for the quarter, topping the consensus estimate of $1.34 by $0.09. The firm had revenue of $1.14 billion during the quarter, compared to analyst estimates of $1.82 billion. Pool had a return on equity of 32.37% and a net margin of 7.57%.Pool’s revenue was up 6.2% on a year-over-year basis. During the same period in the prior year, the business posted $1.32 EPS. Pool has set its FY 2026 guidance at 10.870-11.170 EPS. Sell-side analysts forecast that Pool Corporation will post 11.08 EPS for the current year.
Pool announced that its Board of Directors has initiated a share buyback program on Wednesday, April 29th that allows the company to repurchase $600.00 million in shares. This repurchase authorization allows the specialty retailer to buy up to 7.8% of its stock through open market purchases. Stock repurchase programs are often a sign that the company’s board believes its stock is undervalued.
Pool Increases Dividend
The business also recently disclosed a quarterly dividend, which was paid on Thursday, May 28th. Stockholders of record on Thursday, May 14th were paid a $1.30 dividend. This is a positive change from Pool’s previous quarterly dividend of $1.25. The ex-dividend date was Thursday, May 14th. This represents a $5.20 annualized dividend and a dividend yield of 2.8%. Pool’s dividend payout ratio (DPR) is currently 47.84%.
Wall Street Analyst Weigh In
POOL has been the topic of several research analyst reports. Oppenheimer lowered their price target on Pool from $346.00 to $280.00 and set an “outperform” rating on the stock in a report on Tuesday, February 24th. Stifel Nicolaus lowered their price target on Pool from $240.00 to $210.00 and set a “hold” rating on the stock in a report on Monday, May 11th. Deutsche Bank Aktiengesellschaft set a $246.00 price target on Pool in a report on Friday, February 20th. Wall Street Zen raised Pool from a “sell” rating to a “hold” rating in a report on Monday, April 27th. Finally, Robert W. Baird lowered their price target on Pool from $320.00 to $300.00 and set an “outperform” rating on the stock in a report on Friday, February 20th. Four investment analysts have rated the stock with a Buy rating, six have assigned a Hold rating and two have given a Sell rating to the stock. Based on data from MarketBeat.com, Pool presently has an average rating of “Hold” and a consensus target price of $261.38.
View Our Latest Research Report on POOL
Trending Headlines about Pool
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.
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.
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