Atria Investments Inc Has $3.89 Million Stock Holdings in Pool Corporation $POOL

Atria Investments Inc boosted its stake in Pool Corporation (NASDAQ:POOL) by 6.4% in the second quarter, HoldingsChannel reports. The firm owned 13,329 shares of the specialty retailer’s stock after acquiring an additional 799 shares during the period. Atria Investments Inc’s holdings in Pool were worth $3,885,000 at the end of the most recent quarter.

Several other institutional investors also recently modified their holdings of POOL. Vanguard Group Inc. boosted its stake in Pool by 0.3% during the 1st quarter. Vanguard Group Inc. now owns 4,456,246 shares of the specialty retailer’s stock worth $1,418,646,000 after acquiring an additional 12,795 shares during the last quarter. Kayne Anderson Rudnick Investment Management LLC raised its holdings in 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 purchasing an additional 50,566 shares during the period. JPMorgan Chase & Co. boosted its position in shares of Pool by 3.6% during the first quarter. JPMorgan Chase & Co. now owns 1,284,918 shares of the specialty retailer’s stock worth $409,054,000 after purchasing an additional 44,897 shares in the last quarter. Wellington Management Group LLP boosted its position in shares of Pool by 1.1% during the first quarter. Wellington Management Group LLP now owns 1,054,066 shares of the specialty retailer’s stock worth $335,562,000 after purchasing an additional 11,552 shares in the last quarter. Finally, William Blair Investment Management LLC grew its holdings in shares of Pool by 13.9% in the 2nd quarter. William Blair Investment Management LLC now owns 586,310 shares of the specialty retailer’s stock valued at $170,898,000 after buying an additional 71,373 shares during the period. 98.99% of the stock is currently owned by institutional investors and hedge funds.

Pool Stock Down 3.7%

NASDAQ:POOL opened at $266.90 on Monday. The stock has a 50-day simple moving average of $307.05 and a 200 day simple moving average of $305.49. Pool Corporation has a 52-week low of $266.00 and a 52-week high of $395.60. The company has a market cap of $9.94 billion, a PE ratio of 24.33, a PEG ratio of 3.94 and a beta of 1.11. 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 (NASDAQ:POOL) last issued its quarterly earnings results on Thursday, October 23rd. The specialty retailer reported $3.39 earnings per share for the quarter, topping the consensus estimate of $3.38 by $0.01. Pool had a net margin of 7.77% and a return on equity of 31.40%. The company had revenue of $1.45 billion during the quarter, compared to analysts’ expectations of $1.46 billion. During the same period last year, the business earned $3.26 EPS. The business’s quarterly 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, sell-side analysts expect that Pool Corporation will post 11.32 EPS for the current fiscal year.

Pool Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Wednesday, November 26th. Investors of record on Wednesday, November 12th will be issued a dividend of $1.25 per share. This represents a $5.00 annualized dividend and a yield of 1.9%. The ex-dividend date is Wednesday, November 12th. Pool’s dividend payout ratio is presently 45.58%.

Wall Street Analyst Weigh In

Several analysts recently commented on POOL shares. Weiss Ratings reaffirmed a “hold (c-)” rating on shares of Pool in a research note on Wednesday, October 8th. Wells Fargo & Company raised their price target on Pool from $300.00 to $320.00 and gave the stock an “equal weight” rating in a research report on Tuesday, July 8th. Wall Street Zen upgraded Pool from a “sell” rating to a “hold” rating in a research report on Saturday, July 26th. William Blair reissued a “market perform” rating on shares of Pool in a research note on Wednesday, October 15th. Finally, Oppenheimer lifted their price target on shares of Pool from $322.00 to $346.00 and gave the company an “outperform” rating in a research note on Tuesday, July 29th. Three investment analysts have rated the stock with a Buy rating and eight have issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company has an average rating of “Hold” and a consensus 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.