Pool Corporation $POOL Shares Sold by Bridges Investment Management Inc.

Bridges Investment Management Inc. reduced its holdings in Pool Corporation (NASDAQ:POOL) by 41.0% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 41,266 shares of the specialty retailer’s stock after selling 28,640 shares during the period. Bridges Investment Management Inc.’s holdings in Pool were worth $9,440,000 at the end of the most recent quarter.

Other large investors have also made changes to their positions in the company. CYBER HORNET ETFs LLC purchased a new stake in shares of Pool in the 2nd quarter valued at $30,000. MUFG Securities EMEA plc purchased a new stake in shares of Pool in the 2nd quarter valued at $33,000. Clearstead Advisors LLC boosted its holdings in shares of Pool by 100.0% in the 4th quarter. Clearstead Advisors LLC now owns 122 shares of the specialty retailer’s stock valued at $28,000 after acquiring an additional 61 shares during the last quarter. Private Trust Co. NA boosted its holdings in shares of Pool by 78.6% in the 4th quarter. Private Trust Co. NA now owns 125 shares of the specialty retailer’s stock valued at $29,000 after acquiring an additional 55 shares during the last quarter. Finally, Allworth Financial LP boosted its holdings in shares of Pool by 133.3% in the 3rd quarter. Allworth Financial LP now owns 126 shares of the specialty retailer’s stock valued at $39,000 after acquiring an additional 72 shares during the last quarter. 98.99% of the stock is owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

Several research firms have recently commented on POOL. Zacks Research raised shares of Pool from a “strong sell” rating to a “hold” rating in a report on Monday, April 27th. Oppenheimer dropped their price objective 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. 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 report on Monday, May 11th. 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 report on Monday, April 20th. Finally, Weiss Ratings cut shares of Pool from a “hold (c-)” rating to a “sell (d+)” rating in a research note on Thursday, May 14th. Four investment analysts have rated the stock with a Buy rating, six have given a Hold rating and two have given a Sell rating to the company. Based on data from MarketBeat.com, the company currently has a consensus rating of “Hold” and a consensus target price of $261.38.

Pool Stock Performance

POOL opened at $179.60 on Wednesday. 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 fifty day moving average price of $201.16 and a 200 day moving average price of $226.44. Pool Corporation has a 1 year low of $172.68 and a 1 year high of $345.00. The stock has a market cap of $6.54 billion, a P/E ratio of 16.52, a P/E/G ratio of 2.31 and a beta of 1.10.

Pool (NASDAQ:POOL) last posted its earnings results on Thursday, April 23rd. The specialty retailer reported $1.43 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.34 by $0.09. Pool had a net margin of 7.57% and a return on equity of 32.37%. The firm had revenue of $1.14 billion during the quarter, compared to analysts’ expectations of $1.82 billion. During the same period in the previous year, the business posted $1.32 EPS. The business’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. Equities research analysts anticipate that Pool Corporation will post 11.08 earnings per share for the current year.

Pool Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Thursday, May 28th. Investors of record on Thursday, May 14th were paid a $1.30 dividend. The ex-dividend date was Thursday, May 14th. This represents a $5.20 annualized dividend and a dividend yield of 2.9%. This is an increase from Pool’s previous quarterly dividend of $1.25. Pool’s dividend payout ratio (DPR) is presently 47.84%.

Pool announced that its Board of Directors has approved a stock 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 buy up to 7.8% of its shares through open market purchases. Shares repurchase programs are often an indication that the company’s board believes its shares are undervalued.

Insider Activity

In related news, Director John E. Stokely purchased 1,000 shares of the business’s stock in a transaction that occurred on Thursday, May 7th. The stock was bought at an average price of $193.06 per share, with a total value of $193,060.00. Following the acquisition, the director owned 16,230 shares in the company, valued at $3,133,363.80. The trade was a 6.57% increase in their ownership of the stock. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, Director James D. Hope purchased 464 shares of the business’s stock in a transaction that occurred on Thursday, May 7th. The stock was bought at an average cost of $194.41 per share, with a total value of $90,206.24. Following the acquisition, the director owned 3,678 shares in the company, valued at $715,039.98. This represents a 14.44% increase in their position. The SEC filing for this purchase provides additional information. In the last 90 days, insiders have bought 26,989 shares of company stock valued at $5,067,747. 3.00% of the stock is currently owned by company insiders.

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.