Public Employees Retirement System of Ohio Buys 5,155 Shares of Pool Corporation $POOL

Public Employees Retirement System of Ohio boosted its stake in shares of Pool Corporation (NASDAQ:POOL) by 18.1% in the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 33,619 shares of the specialty retailer’s stock after purchasing an additional 5,155 shares during the quarter. Public Employees Retirement System of Ohio owned 0.09% of Pool worth $6,802,000 at the end of the most recent quarter.

Other hedge funds have also recently bought and sold shares of the company. Jacobs Levy Equity Management Inc. acquired a new position in shares of Pool during the first quarter valued at about $400,000. Millennium Management LLC grew its position in Pool by 237.9% during the first quarter. Millennium Management LLC now owns 17,390 shares of the specialty retailer’s stock worth $5,536,000 after buying an additional 12,244 shares in the last quarter. Empowered Funds LLC acquired a new stake in Pool during the first quarter worth about $639,000. Geneos Wealth Management Inc. increased its stake in Pool by 164.4% during the first quarter. Geneos Wealth Management Inc. now owns 156 shares of the specialty retailer’s stock valued at $50,000 after acquiring an additional 97 shares during the period. Finally, Acadian Asset Management LLC increased its stake in Pool by 201.2% during the first quarter. Acadian Asset Management LLC now owns 2,012 shares of the specialty retailer’s stock valued at $639,000 after acquiring an additional 1,344 shares during the period. 98.99% of the stock is owned by institutional investors.

Analysts Set New Price Targets

A number of analysts have commented on the company. Robert W. Baird set a $260.00 price objective on Pool in a research report on Friday. Bank of America lowered their price objective on Pool from $226.00 to $206.00 and set an “underperform” rating on the stock in a research report on Monday, July 20th. Stifel Nicolaus cut their target price on Pool from $235.00 to $189.00 and set a “hold” rating for the company in a research note on Friday. Zacks Research raised Pool from a “strong sell” rating to a “hold” rating in a research report on Monday, April 27th. Finally, Oppenheimer decreased their price target on shares of Pool from $280.00 to $227.00 and set an “outperform” rating on the stock in a research note on Friday. Five equities research analysts have rated the stock with a Buy rating, six have given a Hold rating and two have given a Sell rating to the stock. According to data from MarketBeat, the stock presently has a consensus rating of “Hold” and an average price target of $235.67.

Pool Stock Up 4.1%

Shares of POOL opened at $192.16 on Wednesday. The company has a quick ratio of 0.91, a current ratio of 2.67 and a debt-to-equity ratio of 1.05. The company has a 50-day moving average price of $196.44 and a two-hundred day moving average price of $215.42. The stock has a market cap of $7.00 billion, a price-to-earnings ratio of 17.68, a P/E/G ratio of 2.50 and a beta of 1.05. Pool Corporation has a 12 month low of $172.68 and a 12 month high of $336.15.

Pool (NASDAQ:POOL) last released its quarterly earnings data on Thursday, July 23rd. The specialty retailer reported $5.38 earnings per share for the quarter, beating the consensus estimate of $5.33 by $0.05. Pool had a return on equity of 32.74% and a net margin of 7.40%.The company had revenue of $1.82 billion for the quarter, compared to analyst estimates of $1.82 billion. During the same period in the prior year, the company posted $5.17 EPS. The company’s revenue was up 2.2% compared to the same quarter last year. Pool has set its FY 2026 guidance at 10.660-10.960 EPS. Equities analysts predict that Pool Corporation will post 10.95 EPS for the current fiscal year.

Pool announced that its board has authorized a stock buyback program on Wednesday, April 29th that permits the company to repurchase $600.00 million in outstanding shares. This repurchase authorization permits the specialty retailer to buy up to 7.8% of its shares through open market purchases. Shares repurchase programs are often an indication that the company’s board believes its shares are undervalued.

Insider Buying and Selling

In related news, Director James D. Hope purchased 464 shares of the firm’s stock in a transaction that occurred on Thursday, May 7th. The shares were acquired at an average price of $194.41 per share, with a total value of $90,206.24. Following the purchase, the director directly owned 3,678 shares in the company, valued at $715,039.98. This represents a 14.44% increase in their ownership of the stock. The purchase was disclosed in a legal filing with the SEC, which is available through the SEC website. Also, Director John E. Stokely purchased 1,000 shares of the stock in a transaction on Thursday, May 7th. The stock was bought at an average price of $193.06 per share, for a total transaction of $193,060.00. Following the completion of the transaction, 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 ownership of the stock. Additional details regarding this purchase are available in the official SEC disclosure. Insiders have acquired 21,989 shares of company stock worth $4,042,747 over the last 90 days. Corporate insiders own 3.00% of the company’s stock.

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.