Pool Corporation $POOL Shares Acquired by TD Asset Management Inc

TD Asset Management Inc increased its position in Pool Corporation (NASDAQ:POOL) by 1,474.1% in the fourth quarter, HoldingsChannel.com reports. The institutional investor owned 139,071 shares of the specialty retailer’s stock after acquiring an additional 130,236 shares during the period. TD Asset Management Inc’s holdings in Pool were worth $31,812,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Clearstead Advisors LLC increased its position in Pool by 100.0% during the fourth quarter. Clearstead Advisors LLC now owns 122 shares of the specialty retailer’s stock worth $28,000 after purchasing an additional 61 shares during the last quarter. Private Trust Co. NA increased its position in Pool by 78.6% during the fourth quarter. Private Trust Co. NA now owns 125 shares of the specialty retailer’s stock worth $29,000 after purchasing an additional 55 shares during the last quarter. CYBER HORNET ETFs LLC acquired a new position in Pool during the second quarter worth approximately $30,000. Covestor Ltd increased its position in Pool by 348.4% during the fourth quarter. Covestor Ltd now owns 139 shares of the specialty retailer’s stock worth $32,000 after purchasing an additional 108 shares during the last quarter. Finally, MUFG Securities EMEA plc acquired a new position in Pool during the second quarter worth approximately $33,000. Institutional investors and hedge funds own 98.99% of the company’s stock.

Analysts Set New Price Targets

Several brokerages recently commented on POOL. Stifel Nicolaus dropped 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. Wells Fargo & Company dropped 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. Wall Street Zen raised shares of Pool from a “sell” rating to a “hold” rating in a research report on Monday, April 27th. Zacks Research raised shares of Pool from a “strong sell” rating to a “hold” rating in a research report on Monday, April 27th. Finally, Robert W. Baird dropped their price target on shares of Pool from $320.00 to $300.00 and set an “outperform” rating for the company in a research report on Friday, February 20th. Four analysts have rated the stock with a Buy rating, six have issued a Hold rating and two have given a Sell rating to the stock. According to MarketBeat.com, the stock has a consensus rating of “Hold” and a consensus target price of $261.38.

More 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.

Pool Price Performance

Pool stock opened at $185.52 on Friday. The firm has a market capitalization of $6.76 billion, a P/E ratio of 17.07, a PEG ratio of 2.35 and a beta of 1.10. The firm has a fifty day moving average of $199.52 and a 200-day moving average of $224.79. The company has a quick ratio of 0.55, a current ratio of 1.87 and a debt-to-equity ratio of 1.09. Pool Corporation has a 52-week low of $172.68 and a 52-week high of $345.00.

Pool (NASDAQ:POOL) last announced its earnings results on Thursday, April 23rd. The specialty retailer reported $1.43 earnings per share for the quarter, beating the consensus estimate of $1.34 by $0.09. The business had revenue of $1.14 billion during the quarter, compared to the consensus estimate 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% compared to the same quarter last year. During the same period in the prior year, the firm earned $1.32 earnings per share. Pool has set its FY 2026 guidance at 10.870-11.170 EPS. As a group, analysts predict that Pool Corporation will post 11.08 EPS for the current year.

Pool Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Thursday, May 28th. Stockholders of record on Thursday, May 14th were paid a $1.30 dividend. This represents a $5.20 annualized dividend and a dividend yield of 2.8%. This is a boost from Pool’s previous quarterly dividend of $1.25. The ex-dividend date was Thursday, May 14th. Pool’s payout ratio is currently 47.84%.

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

Insider Activity

In other news, Director David G. Whalen bought 525 shares of the firm’s stock in a transaction dated Friday, May 8th. The stock was acquired at an average cost of $190.44 per share, for a total transaction of $99,981.00. Following the completion of the purchase, the director owned 8,936 shares of the company’s stock, valued at $1,701,771.84. This trade represents a 6.24% increase in their ownership of the stock. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, Director John E. Stokely bought 1,000 shares of the firm’s stock in a transaction dated Thursday, May 7th. The stock was purchased at an average price of $193.06 per share, with a total value of $193,060.00. Following the completion of the purchase, the director directly owned 16,230 shares of the company’s stock, valued at approximately $3,133,363.80. This trade represents a 6.57% increase in their position. Additional details regarding this purchase are available in the official SEC disclosure. Insiders have acquired a total of 26,989 shares of company stock valued at $5,067,747 over the last ninety days. 3.00% of the stock is 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.