Public Employees Retirement System of Ohio Has $6.80 Million Stake in Pool Corporation $POOL

Public Employees Retirement System of Ohio raised its position in shares of Pool Corporation (NASDAQ:POOL) by 18.1% in the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 33,619 shares of the specialty retailer’s stock after buying an additional 5,155 shares during the period. Public Employees Retirement System of Ohio’s holdings in Pool were worth $6,802,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors also recently modified their holdings of the company. Clearstead Advisors LLC grew its position in Pool by 100.0% during the 4th quarter. Clearstead Advisors LLC now owns 122 shares of the specialty retailer’s stock worth $28,000 after acquiring an additional 61 shares during the last quarter. Private Trust Co. NA increased its holdings in Pool by 78.6% during the 4th quarter. Private Trust Co. NA now owns 125 shares of the specialty retailer’s stock valued at $29,000 after purchasing an additional 55 shares in the last quarter. CYBER HORNET ETFs LLC bought a new position in Pool in the 2nd quarter valued at $30,000. Covestor Ltd raised its position in Pool by 348.4% in the 4th quarter. Covestor Ltd now owns 139 shares of the specialty retailer’s stock valued at $32,000 after purchasing an additional 108 shares during the last quarter. Finally, MUFG Securities EMEA plc acquired a new position in Pool in the second quarter worth $33,000. Institutional investors own 98.99% of the company’s stock.

Analyst Upgrades and Downgrades

Several analysts have recently commented on the company. Zacks Research upgraded Pool from a “strong sell” rating to a “hold” rating in a report on Monday, April 27th. Robert W. Baird set a $260.00 price objective on shares of Pool in a report on Friday. Wells Fargo & Company dropped their target price 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. Deutsche Bank Aktiengesellschaft set a $185.00 target price on shares of Pool in a research report on Friday. Finally, Wall Street Zen raised shares of Pool from a “sell” rating to a “hold” rating in a report on Monday, April 27th. Five analysts have rated the stock with a Buy rating, six have issued a Hold rating and two have issued a Sell rating to the stock. Based on data from MarketBeat.com, Pool has an average rating of “Hold” and an average target price of $235.67.

Insider Buying and Selling at Pool

In other Pool news, Director De La Mesa Manuel J. Perez purchased 10,000 shares of the stock in a transaction dated Wednesday, May 13th. The stock was bought at an average price of $175.95 per share, for a total transaction of $1,759,500.00. Following the transaction, the director directly owned 40,108 shares in the company, valued at $7,057,002.60. This represents a 33.21% increase in their ownership of the stock. The purchase was disclosed in a filing with the SEC, which is available at the SEC website. Also, Director John E. Stokely purchased 1,000 shares of the company’s stock in a transaction that occurred on Thursday, May 7th. The shares were acquired at an average cost of $193.06 per share, with a total value of $193,060.00. Following the completion of the purchase, the director owned 16,230 shares of the company’s stock, valued at $3,133,363.80. The trade was a 6.57% increase in their ownership of the stock. Additional details regarding this purchase are available in the official SEC disclosure. In the last 90 days, insiders have purchased 21,989 shares of company stock valued at $4,042,747. 3.00% of the stock is currently owned by company insiders.

Pool Trading Up 4.1%

Shares of POOL opened at $192.16 on Wednesday. The company has a quick ratio of 0.91, a current ratio of 2.67 and a debt-to-equity ratio of 1.05. Pool Corporation has a 12-month low of $172.68 and a 12-month high of $336.15. The firm has a market capitalization of $7.00 billion, a PE ratio of 17.68, a price-to-earnings-growth ratio of 2.50 and a beta of 1.05. The stock’s fifty day simple moving average is $196.44 and its 200-day simple moving average is $215.42.

Pool (NASDAQ:POOL) last posted its quarterly earnings results on Thursday, July 23rd. The specialty retailer reported $5.38 earnings per share (EPS) for the quarter, beating the consensus estimate of $5.33 by $0.05. The business had revenue of $1.82 billion for the quarter, compared to analysts’ expectations of $1.82 billion. Pool had a return on equity of 32.74% and a net margin of 7.40%.The firm’s quarterly revenue was up 2.2% compared to the same quarter last year. During the same quarter last year, the business earned $5.17 earnings per share. Pool has set its FY 2026 guidance at 10.660-10.960 EPS. As a group, research analysts predict that Pool Corporation will post 10.95 earnings per share for the current year.

Pool announced that its board has approved a share repurchase program on Wednesday, April 29th that allows the company to buyback $600.00 million in shares. This buyback authorization allows the specialty retailer to reacquire up to 7.8% of its shares through open market purchases. Shares buyback programs are often a sign that the company’s board believes its shares are undervalued.

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.