Key Points
- Pool Corporation director Manuel Perez bought 10,000 shares at $175.95 each, a $1.76 million transaction that increased his holdings by 33.21% and signals insider confidence in the company.
- The stock remains under pressure, opening near $175.24 and trading far below its 52-week high of $345, despite the recent insider buying.
- Pool continues shareholder returns with a new $600 million buyback authorization and a higher quarterly dividend of $1.30 per share, up from $1.25.
Pool Corporation (NASDAQ:POOL - Get Free Report) Director De La Mesa Manuel Perez purchased 10,000 shares of the business's stock in a transaction dated Wednesday, May 13th. The shares were purchased at an average price of $175.95 per share, for a total transaction of $1,759,500.00. Following the acquisition, the director directly owned 40,108 shares of the company's stock, valued at $7,057,002.60. This trade represents a 33.21% increase in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website.
Pool Stock Down 0.1%
POOL stock opened at $175.24 on Friday. Pool Corporation has a 52-week low of $173.62 and a 52-week high of $345.00. The company's 50 day simple moving average is $208.03 and its 200-day simple moving average is $233.48. The company has a debt-to-equity ratio of 1.09, a current ratio of 1.87 and a quick ratio of 0.55. The firm has a market capitalization of $6.39 billion, a P/E ratio of 16.12, a P/E/G ratio of 2.22 and a beta of 1.16.
Pool (NASDAQ:POOL - Get Free Report) last released its quarterly earnings results on Thursday, April 23rd. The specialty retailer reported $1.43 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $1.34 by $0.09. Pool had a net margin of 7.57% and a return on equity of 32.37%. The business had revenue of $1.14 billion for the quarter, compared to analyst estimates of $1.82 billion. During the same quarter in the previous year, the business earned $1.32 earnings per share. 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. As a group, equities research analysts anticipate that Pool Corporation will post 11.08 EPS for the current year.
Pool announced that its board has initiated a share buyback plan on Wednesday, April 29th that permits the company to buyback $600.00 million in outstanding shares. This buyback authorization permits the specialty retailer to reacquire up to 7.8% of its stock through open market purchases. Stock buyback plans are usually a sign that the company's board of directors believes its shares are undervalued.
Pool Increases Dividend
The company also recently declared a quarterly dividend, which will be paid on Thursday, May 28th. Stockholders of record on Thursday, May 14th will be issued 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 dividend yield of 3.0%. The ex-dividend date is Thursday, May 14th. Pool's dividend payout ratio (DPR) is presently 46.00%.
Key Headlines Impacting Pool
Here are the key news stories impacting Pool this week:
- Positive Sentiment: Director De La Mesa Manuel J. Perez bought 10,000 shares at $175.95, a sizable insider purchase that signals confidence in Pool Corporation’s outlook. SEC Form 4 filing
- Positive Sentiment: Director David Whalen also recently added 525 shares, reinforcing the pattern of insider buying around current trading levels. SEC Form 4 filing
- Neutral Sentiment: Pool’s latest earnings beat estimates on EPS, but revenue fell short of expectations, leaving investors with a mixed read on demand trends and execution.
- Negative Sentiment: The stock is still trading well below prior highs, and recent analyst revisions have generally been cautious, including lower price targets and hold-style ratings that suggest limited near-term upside.
Analyst Upgrades and Downgrades
A number of equities research analysts have recently issued reports on POOL shares. Oppenheimer cut their price target on shares of Pool from $346.00 to $280.00 and set an "outperform" rating on the stock in a report on Tuesday, February 24th. Zacks Research upgraded shares of Pool from a "strong sell" rating to a "hold" rating in a research note on Monday, April 27th. Robert W. Baird dropped their price objective 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. Bank of America dropped their price objective on shares of Pool from $229.00 to $226.00 and set an "underperform" rating on the stock in a research note on Monday, April 20th. Finally, Stifel Nicolaus dropped their price objective on shares of Pool from $240.00 to $210.00 and set a "hold" rating on the stock in a research note on Monday. Four equities research analysts have rated the stock with a Buy rating, seven have assigned a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat, the stock currently has a consensus rating of "Hold" and an average price target of $261.38.
Read Our Latest Analysis on Pool
Institutional Trading of Pool
Large investors have recently added to or reduced their stakes in the business. Root Financial Partners LLC bought a new stake in Pool in the third quarter worth approximately $29,000. CYBER HORNET ETFs LLC bought a new stake in Pool in the second quarter worth approximately $30,000. MUFG Securities EMEA plc bought a new stake in Pool in the second quarter worth approximately $33,000. Clearstead Advisors LLC grew its position in Pool by 100.0% in the fourth quarter. Clearstead Advisors LLC now owns 122 shares of the specialty retailer's stock worth $28,000 after acquiring an additional 61 shares in the last quarter. Finally, Private Trust Co. NA grew its position in Pool by 78.6% in the fourth quarter. Private Trust Co. NA now owns 125 shares of the specialty retailer's stock worth $29,000 after acquiring an additional 55 shares in the last quarter. 98.99% of the stock is owned by institutional investors.
Pool Company Profile
(
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.
Further Reading
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