Intech Investment Management LLC Has $3.35 Million Position in Pool Corporation $POOL

Intech Investment Management LLC lifted its holdings in shares of Pool Corporation (NASDAQ:POOL) by 949.0% during the 3rd quarter, according to its most recent disclosure with the SEC. The fund owned 10,794 shares of the specialty retailer’s stock after purchasing an additional 9,765 shares during the period. Intech Investment Management LLC’s holdings in Pool were worth $3,347,000 at the end of the most recent reporting period.

A number of other institutional investors have also made changes to their positions in POOL. Clearstead Trust LLC bought a new stake in Pool during the 2nd quarter worth about $25,000. Root Financial Partners LLC acquired a new position in shares of Pool during the third quarter worth approximately $29,000. CYBER HORNET ETFs LLC acquired a new position in shares of Pool during the second quarter worth approximately $30,000. MUFG Securities EMEA plc bought a new stake in shares of Pool during the second quarter valued at approximately $33,000. Finally, Geneos Wealth Management Inc. increased its holdings in shares of Pool by 164.4% in the first quarter. Geneos Wealth Management Inc. now owns 156 shares of the specialty retailer’s stock valued at $50,000 after purchasing an additional 97 shares in the last quarter. 98.99% of the stock is owned by institutional investors.

Analysts Set New Price Targets

POOL has been the topic of several research reports. Robert W. Baird reduced their price objective on Pool from $320.00 to $300.00 and set an “outperform” rating on the stock in a report on Friday, February 20th. Oppenheimer lowered their target price on Pool from $346.00 to $280.00 and set an “outperform” rating for the company in a research note on Tuesday, February 24th. The Goldman Sachs Group cut their price target on Pool from $360.00 to $310.00 and set a “buy” rating on the stock in a research note on Tuesday, January 13th. Stifel Nicolaus decreased their price target on Pool from $240.00 to $232.00 and set a “hold” rating on the stock in a report on Monday, February 23rd. Finally, Deutsche Bank Aktiengesellschaft set a $246.00 price objective on Pool in a research report on Friday, February 20th. Five 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 stock. Based on data from MarketBeat, the company has a consensus rating of “Hold” and a consensus price target of $281.50.

Insider Activity at Pool

In other news, SVP Romain Kenneth G. St acquired 5,560 shares of Pool stock in a transaction that occurred on Monday, February 23rd. The shares were acquired at an average price of $218.67 per share, with a total value of $1,215,805.20. Following the purchase, the senior vice president directly owned 82,845 shares of the company’s stock, valued at $18,115,716.15. The trade was a 7.19% increase in their ownership of the stock. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. Also, CFO Melanie M. Hart sold 2,750 shares of the company’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 sale, the chief financial officer directly owned 18,039 shares of the company’s stock, valued at $3,968,580. The trade was a 13.23% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. 3.00% of the stock is owned by company insiders.

Pool Stock Up 1.7%

NASDAQ:POOL opened at $227.18 on Monday. The company has a quick ratio of 0.59, a current ratio of 2.24 and a debt-to-equity ratio of 1.00. Pool Corporation has a 12-month low of $210.67 and a 12-month high of $374.74. The stock’s fifty day simple moving average is $248.10 and its 200-day simple moving average is $271.05. The firm has a market capitalization of $8.36 billion, a P/E ratio of 20.96, a P/E/G ratio of 2.84 and a beta of 1.25.

Pool (NASDAQ:POOL) last released its quarterly earnings data on Thursday, February 19th. The specialty retailer reported $0.84 EPS for the quarter, missing analysts’ consensus estimates 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 during the quarter, compared to the consensus estimate of $999.14 million. During the same quarter in the prior year, the company posted $0.97 EPS. The company’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. Equities research analysts expect that Pool Corporation will post 11.32 earnings per share for the current year.

Pool Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Thursday, March 26th. Investors of record on Thursday, March 12th will be given a $1.25 dividend. This represents a $5.00 dividend on an annualized basis and a dividend yield of 2.2%. The ex-dividend date is Thursday, March 12th. Pool’s dividend payout ratio (DPR) is currently 46.13%.

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.