Rockefeller Capital Management L.P. Has $7.76 Million Stock Position in Pool Corporation $POOL

Rockefeller Capital Management L.P. grew its stake in shares of Pool Corporation (NASDAQ:POOL) by 3,879.1% during the fourth quarter, HoldingsChannel.com reports. The institutional investor owned 33,942 shares of the specialty retailer’s stock after acquiring an additional 33,089 shares during the period. Rockefeller Capital Management L.P.’s holdings in Pool were worth $7,764,000 at the end of the most recent reporting period.

Other institutional investors also recently modified their holdings of the company. Annis Gardner Whiting Capital Advisors LLC increased its holdings in Pool by 20.0% in the 4th quarter. Annis Gardner Whiting Capital Advisors LLC now owns 270 shares of the specialty retailer’s stock worth $62,000 after purchasing an additional 45 shares in the last quarter. Wealthspire Advisors LLC boosted its stake in shares of 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 in the last quarter. Snowden Capital Advisors LLC grew its holdings in shares of Pool by 4.8% during the second quarter. Snowden Capital Advisors LLC now owns 1,163 shares of the specialty retailer’s stock worth $339,000 after purchasing an additional 53 shares during the last quarter. Mufg Securities Americas Inc. grew its holdings in shares of Pool by 6.4% during the third quarter. Mufg Securities Americas Inc. now owns 886 shares of the specialty retailer’s stock worth $275,000 after purchasing an additional 53 shares during the last quarter. Finally, Private Trust Co. NA increased its stake in shares of Pool by 78.6% in the fourth quarter. Private Trust Co. NA now owns 125 shares of the specialty retailer’s stock valued at $29,000 after buying an additional 55 shares during the period. 98.99% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

A number of brokerages recently issued reports on POOL. Wall Street Zen upgraded shares of Pool from a “sell” rating to a “hold” rating in a report on Monday, April 27th. Stifel Nicolaus reduced their target price 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. Wells Fargo & Company decreased 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 report on Wednesday, April 8th. Bank of America dropped 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, Zacks Research raised shares of Pool from a “strong sell” rating to a “hold” rating in a research note on Monday, April 27th. Four equities research analysts have rated the stock with a Buy rating, six have assigned a Hold rating and two have issued a Sell rating to the company’s stock. According to MarketBeat, the stock currently has an average rating of “Hold” and a consensus target price of $261.38.

Pool Trading Up 1.0%

Shares of POOL stock opened at $207.38 on Friday. The stock has a market cap of $7.56 billion, a price-to-earnings ratio of 19.08, a PEG ratio of 2.60 and a beta of 1.10. The stock has a 50-day moving average of $196.47 and a 200-day moving average of $220.20. 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 Corporation has a 1-year low of $172.68 and a 1-year high of $345.00.

Pool (NASDAQ:POOL) last posted its quarterly earnings data on Thursday, April 23rd. The specialty retailer reported $1.43 EPS 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 company 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 earnings per share. The firm’s quarterly revenue was up 6.2% on a year-over-year basis. Pool has set its FY 2026 guidance at 10.870-11.170 EPS. On average, equities research analysts forecast that Pool Corporation will post 11.08 earnings per share for the current year.

Pool Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Thursday, May 28th. Stockholders of record on Thursday, May 14th were given a $1.30 dividend. This is an increase from Pool’s previous quarterly dividend of $1.25. The ex-dividend date was Thursday, May 14th. This represents a $5.20 dividend on an annualized basis and a dividend yield of 2.5%. Pool’s dividend payout ratio is presently 47.84%.

Pool declared that its board has authorized a stock buyback program on Wednesday, April 29th that allows the company to repurchase $600.00 million in shares. This repurchase authorization allows the specialty retailer to purchase up to 7.8% of its shares through open market purchases. Shares repurchase programs are often an indication that the company’s management believes its stock is undervalued.

Key Pool News

Here are the key news stories impacting Pool this week:

• Neutral Sentiment: Recent short-interest data showed 0 shares short as of June 25, with no meaningful change from the prior period. That suggests there is currently little bearish short pressure on the stock. Pool Corporation stock and news page
• Neutral Sentiment: No new earnings, guidance, acquisition, or analyst update was included in the latest articles for Pool Corporation, so there is no obvious fundamental catalyst explaining the move today.
• Neutral Sentiment: The other headlines in the feed about “reflecting pool” incidents, litigation, and unrelated company announcements are not connected to Pool Corporation and should not be viewed as drivers of POOL stock.

Insider Activity

In other news, Director James D. Hope acquired 464 shares of the firm’s stock in a transaction dated Thursday, May 7th. The stock was bought at an average cost of $194.41 per share, for a total transaction of $90,206.24. Following the completion of the transaction, the director directly owned 3,678 shares in the company, valued at $715,039.98. This represents a 14.44% increase in their position. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link. Also, Director De La Mesa Manuel J. Perez acquired 10,000 shares of the firm’s stock in a transaction dated Wednesday, May 13th. The shares were purchased at an average price of $175.95 per share, with a total value of $1,759,500.00. Following the completion of the transaction, the director 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. Additional details regarding this purchase are available in the official SEC disclosure. Insiders have bought a total of 21,989 shares of company stock worth $4,042,747 over the last quarter. Company insiders own 3.00% of the company’s stock.

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.