Pool Corporation $POOL Shares Sold by London Co. of Virginia

London Co. of Virginia decreased its stake in Pool Corporation (NASDAQ:POOL) by 4.2% in the 2nd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 492,958 shares of the specialty retailer’s stock after selling 21,650 shares during the period. London Co. of Virginia owned approximately 1.32% of Pool worth $143,689,000 as of its most recent SEC filing.

A number of other institutional investors have also recently added to or reduced their stakes in POOL. Clearstead Trust LLC acquired a new stake in shares of Pool during the 2nd quarter valued at approximately $25,000. Chilton Capital Management LLC acquired a new position in Pool during the second quarter worth $30,000. Mid American Wealth Advisory Group Inc. purchased a new stake in Pool during the second quarter worth $34,000. Brooklyn Investment Group grew its holdings in Pool by 53.1% in the first quarter. Brooklyn Investment Group now owns 147 shares of the specialty retailer’s stock valued at $47,000 after purchasing an additional 51 shares during the last quarter. Finally, WPG Advisers LLC purchased a new position in shares of Pool in the first quarter valued at $49,000. Hedge funds and other institutional investors own 98.99% of the company’s stock.

Analysts Set New Price Targets

Several equities research analysts recently commented on POOL shares. Guggenheim started coverage on shares of Pool in a research report on Wednesday, October 8th. They issued a “neutral” rating on the stock. Robert W. Baird set a $345.00 price target on shares of Pool in a report on Friday, October 24th. The Goldman Sachs Group set a $360.00 price target on shares of Pool and gave the company a “buy” rating in a research report on Thursday, October 23rd. William Blair restated a “market perform” rating on shares of Pool in a research report on Wednesday, October 15th. Finally, KeyCorp started coverage on Pool in a report on Tuesday, September 30th. They set a “sector weight” rating on the stock. Three research analysts have rated the stock with a Buy rating, seven have given a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat, the company currently has an average rating of “Hold” and a consensus price target of $337.86.

Pool Trading Down 0.0%

Shares of POOL opened at $240.27 on Friday. Pool Corporation has a fifty-two week low of $229.63 and a fifty-two week high of $374.74. The company has a market capitalization of $8.95 billion, a PE ratio of 21.90, a price-to-earnings-growth ratio of 4.51 and a beta of 1.23. The stock has a fifty day moving average of $263.34 and a two-hundred day moving average of $292.94. 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 posted its quarterly earnings data on Thursday, October 23rd. The specialty retailer reported $3.39 earnings per share (EPS) for the quarter, topping the consensus estimate of $3.38 by $0.01. The business had revenue of $1.45 billion for the quarter, compared to analysts’ expectations of $1.46 billion. Pool had a return on equity of 31.40% and a net margin of 7.77%.The business’s revenue was up 1.3% on a year-over-year basis. During the same quarter last 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, analysts forecast that Pool Corporation will post 11.32 EPS for the current year.

Pool Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, November 26th. Stockholders of record on Wednesday, November 12th were issued a dividend of $1.25 per share. This represents a $5.00 annualized dividend and a dividend yield of 2.1%. The ex-dividend date was Wednesday, November 12th. Pool’s dividend payout ratio is presently 45.58%.

Pool 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.