Thompson Investment Management Inc. Sells 50 Shares of Pool Corporation $POOL

Thompson Investment Management Inc. lowered its holdings in shares of Pool Corporation (NASDAQ:POOL) by 6.9% during the second quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 675 shares of the specialty retailer’s stock after selling 50 shares during the quarter. Thompson Investment Management Inc.’s holdings in Pool were worth $197,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors have also recently bought and sold shares of the company. Brooklyn Investment Group raised its holdings in Pool by 53.1% in the 1st quarter. Brooklyn Investment Group now owns 147 shares of the specialty retailer’s stock worth $47,000 after acquiring an additional 51 shares during the period. WPG Advisers LLC bought a new position in Pool in the 1st quarter worth $49,000. Geneos Wealth Management Inc. raised its holdings in Pool by 164.4% in the 1st quarter. Geneos Wealth Management Inc. now owns 156 shares of the specialty retailer’s stock worth $50,000 after acquiring an additional 97 shares during the period. Steph & Co. bought a new position in Pool in the 2nd quarter worth $49,000. Finally, CX Institutional bought a new position in Pool in the 1st quarter worth $66,000. Institutional investors own 98.99% of the company’s stock.

Pool Price Performance

Shares of Pool stock opened at $289.91 on Friday. The company has a debt-to-equity ratio of 0.93, a quick ratio of 0.87 and a current ratio of 2.52. The firm’s 50-day simple moving average is $314.60 and its 200-day simple moving average is $307.80. Pool Corporation has a twelve month low of $282.22 and a twelve month high of $395.60. The firm has a market cap of $10.82 billion, a P/E ratio of 26.74, a price-to-earnings-growth ratio of 3.58 and a beta of 1.11.

Pool (NASDAQ:POOL) last issued its earnings results on Thursday, July 24th. The specialty retailer reported $5.17 earnings per share for the quarter, beating the consensus estimate of $5.12 by $0.05. Pool had a net margin of 7.79% and a return on equity of 30.99%. The business had revenue of $1.78 billion for the quarter, compared to analyst estimates of $1.79 billion. During the same period in the previous year, the business earned $4.99 EPS. The firm’s revenue was up .9% on a year-over-year basis. Pool has set its FY 2025 guidance at 10.700-11.200 EPS. As a group, research analysts expect that Pool Corporation will post 11.32 EPS for the current fiscal year.

Pool Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Thursday, August 28th. Stockholders of record on Thursday, August 14th were given a dividend of $1.25 per share. This represents a $5.00 annualized dividend and a dividend yield of 1.7%. The ex-dividend date was Thursday, August 14th. Pool’s payout ratio is 46.13%.

Analyst Ratings Changes

Several brokerages recently commented on POOL. Weiss Ratings reiterated a “hold (c-)” rating on shares of Pool in a report on Wednesday. KeyCorp began coverage on shares of Pool in a research report on Tuesday, September 30th. They issued a “sector weight” rating on the stock. Robert W. Baird raised their price target on shares of Pool from $310.00 to $340.00 and gave the stock a “neutral” rating in a research report on Friday, July 25th. Wall Street Zen upgraded shares of Pool from a “sell” rating to a “hold” rating in a research report on Saturday, July 26th. Finally, Oppenheimer raised their price target on shares of Pool from $322.00 to $346.00 and gave the stock an “outperform” rating in a research report on Tuesday, July 29th. Two investment analysts have rated the stock with a Buy rating and eight have given a Hold rating to the company’s stock. According to data from MarketBeat.com, Pool has a consensus rating of “Hold” and an average target price of $342.14.

Pool Company Profile

Pool Corporation distributes swimming pool supplies, equipment, and related leisure products in the United States and internationally. The company offers maintenance products, including chemicals, supplies, and pool accessories; repair and replacement parts for pool equipment, such as cleaners, filters, heaters, pumps, and lights; and building materials, such as concrete, plumbing and electrical components, functional and decorative pool surfaces, decking materials, tiles, hardscapes, and natural stones for pool installations and remodeling.