Sanctuary Advisors LLC Buys 2,884 Shares of Pool Corporation $POOL

Sanctuary Advisors LLC lifted its stake in Pool Corporation (NASDAQ:POOL) by 34.8% during the first quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 11,177 shares of the specialty retailer’s stock after acquiring an additional 2,884 shares during the quarter. Sanctuary Advisors LLC’s holdings in Pool were worth $2,261,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also bought and sold shares of the stock. Clearstead Advisors LLC boosted its position in Pool by 100.0% during the fourth quarter. Clearstead Advisors LLC now owns 122 shares of the specialty retailer’s stock valued at $28,000 after purchasing an additional 61 shares during the last quarter. 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 worth $29,000 after purchasing an additional 55 shares during the last quarter. CYBER HORNET ETFs LLC bought a new stake in shares of Pool during the 2nd quarter worth approximately $30,000. Covestor Ltd boosted its holdings in shares of Pool by 348.4% in the 4th quarter. Covestor Ltd now owns 139 shares of the specialty retailer’s stock valued at $32,000 after buying an additional 108 shares during the last quarter. Finally, MUFG Securities EMEA plc acquired a new stake in shares of Pool in the 2nd quarter valued at approximately $33,000. Institutional investors own 98.99% of the company’s stock.

Insider Activity at Pool

In related news, Director David G. Whalen bought 525 shares of Pool stock in a transaction that occurred on Friday, May 8th. The stock was acquired at an average price of $190.44 per share, with a total value of $99,981.00. Following the acquisition, the director owned 8,936 shares of the company’s stock, valued at approximately $1,701,771.84. This represents a 6.24% increase in their position. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, Director De La Mesa Manuel J. Perez purchased 10,000 shares of the firm’s stock in a transaction that occurred on Wednesday, May 13th. The stock was bought at an average price of $175.95 per share, for a total transaction of $1,759,500.00. Following the purchase, the director owned 40,108 shares in the company, valued at $7,057,002.60. The trade was a 33.21% increase in their position. The SEC filing for this purchase provides additional information. Insiders have bought 21,989 shares of company stock valued at $4,042,747 in the last ninety days. Company insiders own 3.00% of the company’s stock.

Analysts Set New Price Targets

Several equities analysts recently weighed in on POOL shares. Weiss Ratings cut shares of Pool from a “hold (c-)” rating to a “sell (d+)” rating in a research note on Thursday, May 14th. Stifel Nicolaus upped their price target on shares of Pool from $210.00 to $235.00 and gave the stock a “hold” rating in a research report on Monday, July 6th. Bank of America cut their price target on shares of Pool from $226.00 to $206.00 and set an “underperform” rating for the company in a research note on Monday. Wells Fargo & Company decreased their price objective on shares of Pool from $230.00 to $215.00 and set an “equal weight” rating for the company in a research report on Wednesday, April 8th. Finally, Wall Street Zen upgraded shares of Pool from a “sell” rating to a “hold” rating in a research note on Monday, April 27th. Four research analysts have rated the stock with a Buy rating, six have given a Hold rating and two have issued a Sell rating to the company’s stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Hold” and an average price target of $262.00.

Pool Stock Performance

POOL opened at $196.36 on Wednesday. The company has a quick ratio of 0.55, a current ratio of 1.87 and a debt-to-equity ratio of 1.09. Pool Corporation has a 12-month low of $172.68 and a 12-month high of $345.00. The business has a 50 day moving average of $195.36 and a 200-day moving average of $217.05. The stock has a market cap of $7.16 billion, a price-to-earnings ratio of 18.06, a PEG ratio of 2.55 and a beta of 1.05.

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

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

Pool Increases Dividend

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

About Pool

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.