Sumitomo Mitsui DS Asset Management Company Ltd Has $850,000 Stake in Pool Corporation $POOL

Sumitomo Mitsui DS Asset Management Company Ltd trimmed its holdings in Pool Corporation (NASDAQ:POOL) by 46.8% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 3,717 shares of the specialty retailer’s stock after selling 3,275 shares during the period. Sumitomo Mitsui DS Asset Management Company Ltd’s holdings in Pool were worth $850,000 at the end of the most recent quarter.

A number of other hedge funds also recently made changes to their positions in POOL. Root Financial Partners LLC acquired a new stake in shares of Pool in the third quarter valued at approximately $29,000. Private Trust Co. NA lifted its position in shares of Pool by 78.6% in the fourth 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 last quarter. CYBER HORNET ETFs LLC acquired a new stake in shares of Pool in the second quarter valued at approximately $30,000. MUFG Securities EMEA plc acquired a new stake in shares of Pool in the second quarter valued at approximately $33,000. Finally, Torren Management LLC acquired a new stake in shares of Pool in the fourth quarter valued at approximately $38,000. 98.99% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

A number of analysts have recently issued reports on the company. Stifel Nicolaus raised their price objective on Pool from $232.00 to $240.00 and gave the company a “hold” rating in a research report on Friday, April 24th. The Goldman Sachs Group cut their price objective on Pool from $360.00 to $310.00 and set a “buy” rating for the company in a research report on Tuesday, January 13th. Robert W. Baird dropped their price target on Pool from $320.00 to $300.00 and set an “outperform” rating for the company in a report on Friday, February 20th. Zacks Research raised Pool from a “strong sell” rating to a “hold” rating in a report on Monday, April 27th. Finally, Oppenheimer dropped their price target on Pool from $346.00 to $280.00 and set an “outperform” rating for the company in a report on Tuesday, February 24th. Four research analysts have rated the stock with a Buy rating, seven have issued a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat.com, the stock currently has a consensus rating of “Hold” and an average price target of $265.13.

Pool Stock Performance

NASDAQ:POOL opened at $187.77 on Friday. The stock has a market cap of $6.84 billion, a P/E ratio of 17.27, a PEG ratio of 2.38 and a beta of 1.16. The stock has a 50 day simple moving average of $212.09 and a 200 day simple moving average of $237.58. The company has a current ratio of 1.87, a quick ratio of 0.55 and a debt-to-equity ratio of 1.09. Pool Corporation has a 1-year low of $184.50 and a 1-year high of $345.00.

Pool (NASDAQ:POOL) last released its quarterly earnings results on Thursday, April 23rd. The specialty retailer reported $1.43 earnings per share for the quarter, topping the consensus estimate of $1.34 by $0.09. The business had revenue of $1.14 billion during the quarter, compared to analysts’ expectations of $1.82 billion. Pool had a return on equity of 32.37% and a net margin of 7.57%.The firm’s revenue for the quarter was up 6.2% compared to the same quarter last year. During the same period last year, the firm posted $1.32 EPS. Pool has set its FY 2026 guidance at 10.870-11.170 EPS. Research analysts anticipate that Pool Corporation will post 11.07 earnings per share for the current year.

Pool Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Thursday, May 28th. Investors of record on Thursday, May 14th will be given a dividend of $1.30 per share. This is an increase from Pool’s previous quarterly dividend of $1.25. This represents a $5.20 dividend on an annualized basis and a yield of 2.8%. The ex-dividend date of this dividend is Thursday, May 14th. Pool’s dividend payout ratio (DPR) is currently 46.00%.

Pool announced that its Board of Directors has initiated a share repurchase program on Wednesday, April 29th that permits the company to buyback $600.00 million in outstanding shares. This buyback authorization permits the specialty retailer to purchase up to 7.8% of its stock through open market purchases. Stock buyback programs are typically a sign that the company’s leadership believes its stock is undervalued.

Insider Activity

In other Pool news, CFO Melanie M. Hart sold 2,750 shares of Pool stock in a transaction on Tuesday, February 24th. The stock was sold at an average price of $220.00, for a total value of $605,000.00. Following the completion of the transaction, 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. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, Director John E. Stokely bought 1,000 shares of the business’s stock in a transaction dated Thursday, May 7th. The shares were bought at an average price of $193.06 per share, with a total value of $193,060.00. Following the completion of the transaction, the director owned 16,230 shares in the company, valued at approximately $3,133,363.80. This trade represents a 6.57% increase in their position. The disclosure for this purchase is available in the SEC filing. Over the last 90 days, insiders have purchased 22,024 shares of company stock worth $4,424,071. 3.00% of the stock is currently owned by insiders.

Pool News Roundup

Here are the key news stories impacting Pool this week:

• Positive Sentiment: Director Manuel J. Perez de la Mesa bought 10,000 shares for about $1.9 million, a sizable increase in his stake that can signal strong insider confidence in Pool Corporation’s outlook. SEC filing
• Positive Sentiment: Director John E. Stokely purchased 1,000 shares, adding to his position and reinforcing the view that management insiders see value at current levels. SEC filing
• Positive Sentiment: Director James D. Hope also bought shares, further adding to the insider-buying cluster that often supports investor sentiment. SEC filing
• Positive Sentiment: Seeking Alpha published a note titled “Pool Corporation: Abrupt CEO Change Doesn’t Disrupt Earnings (Rating Upgrade),” suggesting at least one analyst sees the leadership change as manageable and the earnings outlook still intact. Article
• Neutral Sentiment: Several unrelated articles about pools, pool financing, and pool cleaners appeared in the news feed, but they do not appear to be direct company-specific catalysts for Pool Corporation.

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.