Pool Corporation $POOL Position Boosted by Fjarde AP Fonden Fourth Swedish National Pension Fund

Fjarde AP Fonden Fourth Swedish National Pension Fund grew its holdings in shares of Pool Corporation (NASDAQ:POOL) by 14.6% in the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 10,198 shares of the specialty retailer’s stock after purchasing an additional 1,300 shares during the period. Fjarde AP Fonden Fourth Swedish National Pension Fund’s holdings in Pool were worth $2,973,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors also recently made changes to their positions in the business. Teacher Retirement System of Texas boosted its position in shares of Pool by 3.0% during the 2nd quarter. Teacher Retirement System of Texas now owns 5,732 shares of the specialty retailer’s stock valued at $1,671,000 after purchasing an additional 167 shares in the last quarter. Ashton Thomas Private Wealth LLC boosted its position in shares of Pool by 21.4% during the 2nd quarter. Ashton Thomas Private Wealth LLC now owns 1,604 shares of the specialty retailer’s stock valued at $467,000 after purchasing an additional 283 shares in the last quarter. Envestnet Asset Management Inc. boosted its position in shares of Pool by 2.3% during the 2nd quarter. Envestnet Asset Management Inc. now owns 437,139 shares of the specialty retailer’s stock valued at $127,417,000 after purchasing an additional 9,961 shares in the last quarter. Chilton Capital Management LLC bought a new position in shares of Pool during the 2nd quarter valued at about $30,000. Finally, Nisa Investment Advisors LLC boosted its position in shares of Pool by 1.4% during the 2nd quarter. Nisa Investment Advisors LLC now owns 18,441 shares of the specialty retailer’s stock valued at $5,375,000 after purchasing an additional 254 shares in the last quarter. Institutional investors own 98.99% of the company’s stock.

Pool Trading Down 2.2%

NASDAQ:POOL opened at $277.20 on Friday. The company has a debt-to-equity ratio of 0.76, a current ratio of 2.57 and a quick ratio of 0.87. Pool Corporation has a fifty-two week low of $276.49 and a fifty-two week high of $395.60. The stock’s 50-day moving average is $308.18 and its two-hundred day moving average is $305.78. The stock has a market cap of $10.34 billion, a PE ratio of 25.27, a price-to-earnings-growth ratio of 3.94 and a beta of 1.11.

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

Pool Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Wednesday, November 26th. Stockholders of record on Wednesday, November 12th will be given a $1.25 dividend. This represents a $5.00 dividend on an annualized basis and a dividend yield of 1.8%. The ex-dividend date of this dividend is Wednesday, November 12th. Pool’s dividend payout ratio is 45.58%.

Wall Street Analysts Forecast Growth

Several research firms have recently weighed in on POOL. 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. KeyCorp started coverage on Pool in a report on Tuesday, September 30th. They set a “sector weight” rating on the stock. Oppenheimer boosted their price objective on Pool from $322.00 to $346.00 and gave the stock an “outperform” rating in a report on Tuesday, July 29th. William Blair restated a “market perform” rating on shares of Pool in a report on Wednesday, October 15th. Finally, Robert W. Baird set a $345.00 price objective on Pool in a report on Friday, October 24th. Three research analysts have rated the stock with a Buy rating and eight have assigned a Hold rating to the stock. According to MarketBeat, the company presently has a consensus rating of “Hold” and an average target price of $337.86.

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.