Pool Corporation $POOL Holdings Trimmed by Swedbank AB

Swedbank AB lowered its position in shares of Pool Corporation (NASDAQ:POOL) by 27.0% in the 4th quarter, HoldingsChannel reports. The institutional investor owned 101,000 shares of the specialty retailer’s stock after selling 37,334 shares during the period. Swedbank AB’s holdings in Pool were worth $23,104,000 at the end of the most recent reporting period.

Several other large investors have also bought and sold shares of the company. Keybank National Association OH boosted its stake in Pool by 4.2% during the third quarter. Keybank National Association OH now owns 999 shares of the specialty retailer’s stock valued at $310,000 after buying an additional 40 shares in the last quarter. Mufg Securities Americas Inc. boosted its stake in Pool by 6.4% during the third quarter. Mufg Securities Americas Inc. now owns 886 shares of the specialty retailer’s stock valued at $275,000 after buying an additional 53 shares in the last quarter. Snowden Capital Advisors LLC boosted its stake in Pool by 4.8% during the second quarter. Snowden Capital Advisors LLC now owns 1,163 shares of the specialty retailer’s stock valued at $339,000 after buying an additional 53 shares in the last quarter. Private Trust Co. NA boosted its stake in Pool by 78.6% during 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 in the last quarter. Finally, Koshinski Asset Management Inc. boosted its stake in Pool by 7.1% during the third quarter. Koshinski Asset Management Inc. now owns 857 shares of the specialty retailer’s stock valued at $266,000 after buying an additional 57 shares in the last quarter. Institutional investors own 98.99% of the company’s stock.

Insiders Place Their Bets

In other Pool news, Director James D. Hope acquired 464 shares of Pool stock in a transaction that occurred on Thursday, May 7th. The stock was purchased at an average cost of $194.41 per share, with a total value of $90,206.24. Following the purchase, the director owned 3,678 shares in the company, valued at approximately $715,039.98. The trade was a 14.44% increase in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, Director David G. Whalen acquired 525 shares of Pool stock in a transaction that occurred on Friday, May 8th. The stock was acquired at an average cost of $190.44 per share, with a total value of $99,981.00. Following the completion of the purchase, the director owned 8,936 shares in the company, valued at approximately $1,701,771.84. This represents a 6.24% increase in their position. Additional details regarding this purchase are available in the official SEC disclosure. Insiders bought a total of 26,989 shares of company stock valued at $5,067,747 in the last 90 days. Insiders own 3.00% of the company’s stock.

Pool Price Performance

Shares of Pool stock opened at $184.64 on Tuesday. The stock has a 50-day moving average price of $203.59 and a 200 day moving average price of $228.85. The company has a market cap of $6.73 billion, a P/E ratio of 16.99, a P/E/G ratio of 2.34 and a beta of 1.16. 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 $172.68 and a 1 year high of $345.00.

Pool (NASDAQ:POOL) last announced its quarterly earnings data on Thursday, April 23rd. The specialty retailer reported $1.43 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.34 by $0.09. The firm had revenue of $1.14 billion during the quarter, compared to the consensus estimate of $1.82 billion. Pool had a return on equity of 32.37% and a net margin of 7.57%.The business’s revenue for the quarter was up 6.2% on a year-over-year basis. During the same period in the prior year, the business earned $1.32 EPS. Pool has set its FY 2026 guidance at 10.870-11.170 EPS. As a group, analysts expect that Pool Corporation will post 11.08 EPS for the current fiscal year.

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

Pool Increases Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, May 28th. Investors of record on Thursday, May 14th will be paid a $1.30 dividend. The ex-dividend date of this dividend is Thursday, May 14th. This represents a $5.20 annualized dividend and a yield of 2.8%. This is an increase from Pool’s previous quarterly dividend of $1.25. Pool’s dividend payout ratio (DPR) is currently 47.84%.

Analysts Set New Price Targets

Several research analysts recently weighed in on POOL shares. Deutsche Bank Aktiengesellschaft set a $246.00 target price on Pool in a research note on Friday, February 20th. Zacks Research raised Pool from a “strong sell” rating to a “hold” rating in a report on Monday, April 27th. Weiss Ratings downgraded Pool from a “hold (c-)” rating to a “sell (d+)” rating in a report on Thursday, May 14th. Stifel Nicolaus reduced their target price on Pool from $240.00 to $210.00 and set a “hold” rating for the company in a report on Monday, May 11th. Finally, Bank of America reduced their target price on Pool from $229.00 to $226.00 and set an “underperform” rating for the company in a report on Monday, April 20th. Four equities research analysts have rated the stock with a Buy rating, six have issued a Hold rating and two have assigned a Sell rating to the company. According to data from MarketBeat, Pool presently has an average rating of “Hold” and a consensus target price of $261.38.

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.