Pool Corporation (NASDAQ:POOL - Get Free Report) Director De La Mesa Manuel Perez purchased 5,000 shares of Pool stock in a transaction that occurred on Friday, March 13th. The shares were bought at an average price of $205.00 per share, with a total value of $1,025,000.00. Following the transaction, the director owned 110,108 shares in the company, valued at approximately $22,572,140. The trade was a 4.76% increase in their ownership of the stock. The acquisition was disclosed in a document filed with the SEC, which is accessible through the SEC website.
Pool Price Performance
Shares of Pool stock opened at $210.74 on Wednesday. The stock has a market capitalization of $7.75 billion, a P/E ratio of 19.44, a PEG ratio of 2.61 and a beta of 1.25. The business has a 50 day simple moving average of $243.68 and a two-hundred day simple moving average of $262.18. Pool Corporation has a 12 month low of $203.80 and a 12 month high of $345.00. The company has a debt-to-equity ratio of 1.00, a current ratio of 2.24 and a quick ratio of 0.59.
Pool (NASDAQ:POOL - Get Free Report) last issued its quarterly earnings results on Thursday, February 19th. The specialty retailer reported $0.84 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.99 by ($0.15). Pool had a return on equity of 31.49% and a net margin of 7.67%.The firm had revenue of $982.21 million during the quarter, compared to analyst estimates of $999.14 million. During the same period in the prior year, the firm earned $0.97 earnings per share. The business's revenue was down .5% on a year-over-year basis. Pool has set its FY 2026 guidance at 10.850-11.150 EPS. As a group, analysts predict that Pool Corporation will post 11.32 EPS for the current fiscal year.
Pool Dividend Announcement
The firm also recently announced a quarterly dividend, which will be paid on Thursday, March 26th. Stockholders of record on Thursday, March 12th will be issued a dividend of $1.25 per share. The ex-dividend date of this dividend is Thursday, March 12th. This represents a $5.00 dividend on an annualized basis and a dividend yield of 2.4%. Pool's dividend payout ratio is presently 46.13%.
Analyst Ratings Changes
Several research firms have recently weighed in on POOL. Weiss Ratings reissued a "sell (d+)" rating on shares of Pool in a research note on Monday, December 29th. Wall Street Zen cut shares of Pool from a "hold" rating to a "sell" rating in a research note on Saturday, March 7th. Robert W. Baird decreased their target price on shares of Pool from $320.00 to $300.00 and set an "outperform" rating on the stock in a research note on Friday, February 20th. Deutsche Bank Aktiengesellschaft set a $246.00 target price on Pool in a report on Friday, February 20th. Finally, Stifel Nicolaus dropped their price target on Pool from $240.00 to $232.00 and set a "hold" rating for the company in a research report on Monday, February 23rd. Five investment analysts have rated the stock with a Buy rating, six have given a Hold rating and one has given a Sell rating to the company's stock. According to data from MarketBeat, Pool has an average rating of "Hold" and a consensus target price of $281.50.
Get Our Latest Stock Analysis on Pool
Institutional Investors Weigh In On Pool
Hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Berkshire Hathaway Inc raised its position in Pool by 136.3% in the second quarter. Berkshire Hathaway Inc now owns 3,458,885 shares of the specialty retailer's stock valued at $1,008,196,000 after purchasing an additional 1,994,885 shares during the period. Wellington Management Group LLP grew its holdings in shares of Pool by 16.2% during the 3rd quarter. Wellington Management Group LLP now owns 2,563,373 shares of the specialty retailer's stock worth $794,825,000 after purchasing an additional 357,643 shares during the period. T. Rowe Price Investment Management Inc. increased its position in shares of Pool by 3,831.9% during the 4th quarter. T. Rowe Price Investment Management Inc. now owns 2,001,987 shares of the specialty retailer's stock worth $457,955,000 after purchasing an additional 1,951,070 shares during the last quarter. Morgan Stanley increased its position in shares of Pool by 1.8% during the 4th quarter. Morgan Stanley now owns 1,371,772 shares of the specialty retailer's stock worth $313,794,000 after purchasing an additional 23,736 shares during the last quarter. Finally, Invesco Ltd. raised its holdings in Pool by 21.6% in the 4th quarter. Invesco Ltd. now owns 837,658 shares of the specialty retailer's stock valued at $191,614,000 after buying an additional 148,519 shares during the period. Institutional investors and hedge funds own 98.99% of the company's stock.
Pool Company Profile
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Get Free Report)
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.
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