Pool Corporation (NASDAQ:POOL – Get Free Report) Director De La Mesa Manuel Perez bought 10,000 shares of Pool stock in a transaction on Wednesday, May 13th. The shares were purchased at an average cost of $175.95 per share, with a total value of $1,759,500.00. Following the completion of the purchase, the director directly 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 transaction was disclosed in a legal filing with the SEC, which is available at the SEC website.
Pool Trading Down 0.1%
Shares of NASDAQ:POOL opened at $175.24 on Friday. The company has a 50 day moving average of $208.03 and a 200-day moving average of $233.48. The firm has a market cap 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 Corporation has a twelve month low of $173.62 and a twelve month high of $345.00. 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 (NASDAQ:POOL – Get Free Report) last issued its quarterly 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. The company had revenue of $1.14 billion during the quarter, compared to analyst estimates of $1.82 billion. Pool had a net margin of 7.57% and a return on equity of 32.37%. The business’s revenue for the quarter was up 6.2% compared to the same quarter last year. During the same period in the prior year, the business posted $1.32 EPS. Pool has set its FY 2026 guidance at 10.870-11.170 EPS. As a group, analysts anticipate that Pool Corporation will post 11.08 earnings per share for the current fiscal year.
Pool Increases Dividend
Pool announced that its Board of Directors has authorized a share repurchase program on Wednesday, April 29th that authorizes the company to repurchase $600.00 million in shares. This repurchase authorization authorizes the specialty retailer to repurchase up to 7.8% of its shares through open market purchases. Shares repurchase programs are generally an indication that the company’s management believes its stock is undervalued.
Institutional Trading of Pool
Several institutional investors and hedge funds have recently added to or reduced their stakes in the business. CNB Bank lifted its stake in Pool by 4.1% during the third quarter. CNB Bank now owns 918 shares of the specialty retailer’s stock valued at $285,000 after purchasing an additional 36 shares during the last quarter. Keybank National Association OH lifted 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 purchasing an additional 40 shares during the last quarter. Annis Gardner Whiting Capital Advisors LLC lifted its stake 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 valued at $62,000 after purchasing an additional 45 shares during the last quarter. Wealthspire Advisors LLC lifted its stake in Pool by 4.8% during the fourth 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 last quarter. Finally, Mufg Securities Americas Inc. lifted 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 purchasing an additional 53 shares during the last quarter. 98.99% of the stock is owned by institutional investors and hedge funds.
Wall Street Analyst Weigh In
A number of brokerages have recently weighed in on POOL. Oppenheimer reduced their price target on shares of Pool from $346.00 to $280.00 and set an “outperform” rating for the company in a research note on Tuesday, February 24th. Wall Street Zen raised shares of Pool from a “sell” rating to a “hold” rating in a research note on Monday, April 27th. Wells Fargo & Company reduced their price target on shares of Pool from $230.00 to $215.00 and set an “equal weight” rating for the company in a research note on Wednesday, April 8th. Bank of America reduced their price target on shares of Pool from $229.00 to $226.00 and set an “underperform” rating for the company in a research note on Monday, April 20th. Finally, Stifel Nicolaus cut their target price on shares of Pool from $240.00 to $210.00 and set a “hold” rating for the company in a research note on Monday. Four investment analysts have rated the stock with a Buy rating, seven have given a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat.com, the stock currently has a consensus rating of “Hold” and a consensus target price of $261.38.
Read Our Latest Report on Pool
Trending Headlines about 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.
Pool Company 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.
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