Pool Corporation $POOL Shares Purchased by Nisa Investment Advisors LLC

Nisa Investment Advisors LLC lifted its position in shares of Pool Corporation (NASDAQ:POOL) by 1.4% in the 2nd quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 18,441 shares of the specialty retailer’s stock after buying an additional 254 shares during the quarter. Nisa Investment Advisors LLC’s holdings in Pool were worth $5,375,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also made changes to their positions in the company. Mawer Investment Management Ltd. acquired a new position in Pool during the first quarter worth about $168,735,000. Massachusetts Financial Services Co. MA acquired a new position in shares of Pool during the 1st quarter worth approximately $144,901,000. William Blair Investment Management LLC raised its position in shares of Pool by 13.9% during the 2nd quarter. William Blair Investment Management LLC now owns 586,310 shares of the specialty retailer’s stock worth $170,898,000 after purchasing an additional 71,373 shares during the last quarter. Kayne Anderson Rudnick Investment Management LLC raised its holdings in shares of Pool by 2.3% in the first quarter. Kayne Anderson Rudnick Investment Management LLC now owns 2,250,422 shares of the specialty retailer’s stock worth $716,422,000 after acquiring an additional 50,566 shares during the last quarter. Finally, JPMorgan Chase & Co. raised its holdings in shares of Pool by 3.6% in the first quarter. JPMorgan Chase & Co. now owns 1,284,918 shares of the specialty retailer’s stock worth $409,054,000 after acquiring an additional 44,897 shares during the last quarter. Institutional investors and hedge funds own 98.99% of the company’s stock.

Pool Price Performance

POOL stock opened at $286.95 on Wednesday. The company has a debt-to-equity ratio of 0.76, a quick ratio of 0.87 and a current ratio of 2.57. Pool Corporation has a 1 year low of $282.22 and a 1 year high of $395.60. The firm has a market cap of $10.71 billion, a P/E ratio of 26.16, a price-to-earnings-growth ratio of 4.09 and a beta of 1.11. The stock has a 50-day simple moving average of $309.44 and a 200-day simple moving average of $306.17.

Pool (NASDAQ:POOL) last released its quarterly earnings results on Thursday, October 23rd. The specialty retailer reported $3.39 earnings per share for the quarter, beating analysts’ consensus estimates of $3.38 by $0.01. Pool had a net margin of 7.77% and a return on equity of 31.40%. The business had revenue of $1.45 billion during the quarter, compared to analyst estimates of $1.46 billion. During the same period last year, the business earned $3.26 EPS. The business’s revenue was up 1.3% on a year-over-year basis. Pool has set its FY 2025 guidance at 10.700-11.200 EPS. On average, equities analysts predict that Pool Corporation will post 11.32 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

Several brokerages recently weighed in on POOL. Wall Street Zen raised shares of Pool from a “sell” rating to a “hold” rating in a research note on Saturday, July 26th. Oppenheimer boosted their price objective on shares of Pool from $322.00 to $346.00 and gave the company an “outperform” rating in a research report on Tuesday, July 29th. The Goldman Sachs Group set a $360.00 price objective on shares of Pool and gave the company a “buy” rating in a research report on Thursday, October 23rd. Wells Fargo & Company boosted their price objective on shares of Pool from $300.00 to $320.00 and gave the company an “equal weight” rating in a research report on Tuesday, July 8th. Finally, Robert W. Baird set a $345.00 price target on Pool in a report on Friday. Three analysts have rated the stock with a Buy rating and eight have issued a Hold rating to the company. According to MarketBeat.com, the stock currently has an average rating of “Hold” and an average target price of $337.86.

About Pool

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.