Roundview Capital LLC Purchases 1,004 Shares of Pool Corporation $POOL

Roundview Capital LLC boosted its position in shares of Pool Corporation (NASDAQ:POOL) by 67.2% during the 2nd quarter, HoldingsChannel reports. The fund owned 2,498 shares of the specialty retailer’s stock after buying an additional 1,004 shares during the quarter. Roundview Capital LLC’s holdings in Pool were worth $728,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Amalgamated Bank increased its stake in Pool by 3.1% during the first quarter. Amalgamated Bank now owns 8,076 shares of the specialty retailer’s stock valued at $2,571,000 after acquiring an additional 246 shares during the period. Mirae Asset Global Investments Co. Ltd. grew its stake in shares of Pool by 12.7% in the 1st quarter. Mirae Asset Global Investments Co. Ltd. now owns 4,954 shares of the specialty retailer’s stock valued at $1,560,000 after purchasing an additional 559 shares during the period. MFG Wealth Management Inc. bought a new stake in shares of Pool in the 1st quarter valued at approximately $921,000. Virtu Financial LLC bought a new stake in shares of Pool in the 1st quarter valued at approximately $1,084,000. Finally, Mitsubishi UFJ Asset Management Co. Ltd. grew its stake in shares of Pool by 17.3% in the 1st quarter. Mitsubishi UFJ Asset Management Co. Ltd. now owns 70,755 shares of the specialty retailer’s stock valued at $22,525,000 after purchasing an additional 10,421 shares during the period. 98.99% of the stock is currently owned by institutional investors.

Pool Stock Down 2.0%

NASDAQ:POOL opened at $301.09 on Wednesday. The stock’s fifty day moving average price is $315.42 and its two-hundred day moving average price is $308.29. Pool Corporation has a 52-week low of $282.22 and a 52-week high of $395.60. The company has a debt-to-equity ratio of 0.93, a quick ratio of 0.87 and a current ratio of 2.52. The company has a market cap of $11.24 billion, a price-to-earnings ratio of 27.78, a P/E/G ratio of 4.25 and a beta of 1.11.

Pool (NASDAQ:POOL) last posted its quarterly earnings data on Thursday, July 24th. The specialty retailer reported $5.17 earnings per share (EPS) for the quarter, topping the consensus estimate of $5.12 by $0.05. Pool had a return on equity of 30.99% and a net margin of 7.79%.The firm had revenue of $1.78 billion for the quarter, compared to the consensus estimate of $1.79 billion. During the same quarter in the prior year, the business earned $4.99 EPS. The business’s revenue for the quarter was up .9% compared to the same quarter last year. Pool has set its FY 2025 guidance at 10.700-11.200 EPS. On average, analysts anticipate that Pool Corporation will post 11.32 EPS for the current year.

Pool Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Thursday, August 28th. Stockholders of record on Thursday, August 14th were paid a $1.25 dividend. The ex-dividend date of this dividend was Thursday, August 14th. This represents a $5.00 dividend on an annualized basis and a dividend yield of 1.7%. Pool’s dividend payout ratio is 46.13%.

Wall Street Analysts Forecast Growth

Several equities research analysts have recently weighed in on POOL shares. Wall Street Zen upgraded Pool from a “sell” rating to a “hold” rating in a research note on Saturday, July 26th. Weiss Ratings restated a “hold (c-)” rating on shares of Pool in a research report on Saturday, September 27th. Wells Fargo & Company increased their price target on Pool from $300.00 to $320.00 and gave the stock an “equal weight” rating in a research report on Tuesday, July 8th. Oppenheimer increased their price target on Pool from $322.00 to $346.00 and gave the stock an “outperform” rating in a research report on Tuesday, July 29th. Finally, KeyCorp began coverage on Pool in a research report on Tuesday, September 30th. They set a “sector weight” rating on the stock. Two research analysts have rated the stock with a Buy rating and seven have issued a Hold rating to the company. According to data from MarketBeat.com, the company currently has a consensus rating of “Hold” and an average target price of $342.14.

Pool Profile

Pool Corporation distributes swimming pool supplies, equipment, and related leisure products in the United States and internationally. The company offers maintenance products, including chemicals, supplies, and pool accessories; repair and replacement parts for pool equipment, such as cleaners, filters, heaters, pumps, and lights; and building materials, such as concrete, plumbing and electrical components, functional and decorative pool surfaces, decking materials, tiles, hardscapes, and natural stones for pool installations and remodeling.