T. Rowe Price Investment Management Inc. Purchases 1,951,070 Shares of Pool Corporation $POOL

T. Rowe Price Investment Management Inc. lifted its holdings in Pool Corporation (NASDAQ:POOL) by 3,831.9% during the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 2,001,987 shares of the specialty retailer’s stock after buying an additional 1,951,070 shares during the period. T. Rowe Price Investment Management Inc. owned approximately 0.05% of Pool worth $457,955,000 at the end of the most recent reporting period.

Several other institutional investors also recently modified their holdings of the business. Annis Gardner Whiting Capital Advisors LLC lifted its holdings in Pool by 20.0% during the fourth quarter. Annis Gardner Whiting Capital Advisors LLC now owns 270 shares of the specialty retailer’s stock worth $62,000 after acquiring an additional 45 shares during the period. Wealthspire Advisors LLC grew its stake in Pool by 4.8% in the 4th quarter. Wealthspire Advisors LLC now owns 1,051 shares of the specialty retailer’s stock valued at $240,000 after purchasing an additional 48 shares during the period. Mufg Securities Americas Inc. grew its stake in Pool by 6.4% in the 3rd quarter. Mufg Securities Americas Inc. now owns 886 shares of the specialty retailer’s stock valued at $275,000 after purchasing an additional 53 shares during the period. Snowden Capital Advisors LLC grew its stake in Pool by 4.8% in the 2nd quarter. Snowden Capital Advisors LLC now owns 1,163 shares of the specialty retailer’s stock valued at $339,000 after purchasing an additional 53 shares during the period. Finally, Private Trust Co. NA increased its position in shares of Pool by 78.6% during the 4th quarter. Private Trust Co. NA now owns 125 shares of the specialty retailer’s stock valued at $29,000 after purchasing an additional 55 shares during the last quarter. 98.99% of the stock is owned by institutional investors.

Insider Buying and Selling at Pool

In related news, Director De La Mesa Manuel J. Perez purchased 10,000 shares of Pool stock in a transaction dated Wednesday, May 13th. The stock was bought at an average cost of $175.95 per share, for a total transaction of $1,759,500.00. Following the completion of the transaction, the director owned 40,108 shares in the company, valued at $7,057,002.60. This trade represents a 33.21% increase in their ownership of the stock. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link. Also, Director John E. Stokely bought 1,000 shares of Pool stock in a transaction on Thursday, May 7th. The shares were bought at an average cost of $193.06 per share, with a total value of $193,060.00. Following the acquisition, the director directly owned 16,230 shares in the company, valued at approximately $3,133,363.80. This represents a 6.57% increase in their ownership of the stock. The SEC filing for this purchase provides additional information. Insiders have bought 21,989 shares of company stock worth $4,042,747 over the last ninety days. Company insiders own 3.00% of the company’s stock.

More Pool News

Here are the key news stories impacting Pool this week:

• Positive Sentiment: Seasonal pool-related coverage, including advice on prepping lawns for pool season, may keep consumer interest in swimming pool maintenance and backyard spending elevated heading into summer. How To Prep Your Lawn For Pool Season So It Doesn’t Die
• Neutral Sentiment: Several articles about the Lincoln Memorial Reflecting Pool, algae treatment, and “pool” jokes are unrelated to Pool Corporation’s business and are unlikely to have a meaningful impact on the company’s results. Trump Admin Moves to Dismiss Reflecting Pool Lawsuit
• Neutral Sentiment: Additional coverage about the Reflecting Pool’s algae problems and cleanup efforts is largely a public-interest story, not a direct driver for Pool Corporation’s earnings or guidance. Reflecting Pool woes: Trump administration turns to hydrogen peroxide in latest bid to beat back algae
• Negative Sentiment: There is no clear company-specific catalyst in the article set for Pool Corporation, so the stock’s move appears to be driven more by broader market/technical factors than by new fundamentals. Pool Corporation quote page

Pool Stock Performance

NASDAQ:POOL opened at $198.99 on Friday. The company has a market capitalization of $7.25 billion, a P/E ratio of 18.31, a P/E/G ratio of 2.46 and a beta of 1.10. The business has a fifty day simple moving average of $197.89 and a two-hundred day simple moving average of $221.70. The company has a debt-to-equity ratio of 1.09, a current ratio of 1.87 and a quick ratio of 0.55. Pool Corporation has a 1 year low of $172.68 and a 1 year high of $345.00.

Pool (NASDAQ:POOL) last issued its quarterly earnings results on Thursday, April 23rd. The specialty retailer reported $1.43 EPS for the quarter, beating analysts’ consensus estimates of $1.34 by $0.09. The firm had revenue of $1.14 billion for 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 business’s revenue for the quarter was up 6.2% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $1.32 EPS. Pool has set its FY 2026 guidance at 10.870-11.170 EPS. On average, analysts expect that Pool Corporation will post 11.08 earnings per share for the current year.

Pool declared that its board has approved a stock buyback program on Wednesday, April 29th that allows the company to buyback $600.00 million in shares. This buyback authorization allows the specialty retailer to purchase up to 7.8% of its stock through open market purchases. Stock buyback programs are typically an indication that the company’s leadership believes its shares are undervalued.

Pool Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, May 28th. Shareholders of record on Thursday, May 14th were issued a dividend of $1.30 per share. This represents a $5.20 annualized dividend and a yield of 2.6%. This is a boost from Pool’s previous quarterly dividend of $1.25. The ex-dividend date of this dividend was Thursday, May 14th. Pool’s payout ratio is currently 47.84%.

Wall Street Analysts Forecast Growth

A number of research firms have recently commented on POOL. Robert W. Baird lowered their target price on Pool from $320.00 to $300.00 and set an “outperform” rating on the stock in a research note on Friday, February 20th. Bank of America decreased their price objective on shares of Pool from $229.00 to $226.00 and set an “underperform” rating for the company in a report on Monday, April 20th. Zacks Research raised shares of Pool from a “strong sell” rating to a “hold” rating in a research report on Monday, April 27th. Stifel Nicolaus dropped their target price on shares of Pool from $240.00 to $210.00 and set a “hold” rating on the stock in a research note on Monday, May 11th. Finally, Wells Fargo & Company dropped their target price on shares of Pool from $230.00 to $215.00 and set an “equal weight” rating on the stock in a research note on Wednesday, April 8th. Four equities research analysts have rated the stock with a Buy rating, six have assigned a Hold rating and two have assigned a Sell rating to the stock. Based on data from MarketBeat, the stock currently has an average rating of “Hold” and a consensus price target 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.