Pool Corporation $POOL Stock Position Reduced by Schwartz Investment Counsel Inc.

Schwartz Investment Counsel Inc. reduced its holdings in Pool Corporation (NASDAQ:POOL – Free Report) by 86.6% during the 3rd quarter, Holdings Channel reports. The fund owned 14,000 shares of the specialty retailer’s stock after selling 90,110 shares during the period. Schwartz Investment Counsel Inc.’s holdings in Pool were worth $2,266,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other large investors have also made changes to their positions in POOL. Pacer Advisors Inc. increased its stake in shares of Pool by 1.5% in the first quarter. Pacer Advisors Inc. now owns 3,384 shares of the specialty retailer’s stock worth $685,000 after acquiring an additional 51 shares during the period. Signaturefd LLC lifted its holdings in shares of Pool by 11.2% in the 3rd quarter. Signaturefd LLC now owns 538 shares of the specialty retailer’s stock valued at $87,000 after buying an additional 54 shares during the period. IFP Advisors Inc grew its holdings in Pool by 117.9% during the second quarter. IFP Advisors Inc now owns 122 shares of the specialty retailer’s stock worth $26,000 after acquiring an additional 66 shares during the period. Gibbs Wealth Management grew its holdings in Pool by 5.1% during the third quarter. Gibbs Wealth Management now owns 1,616 shares of the specialty retailer’s stock worth $262,000 after acquiring an additional 78 shares during the period. Finally, Cim LLC increased its holdings in shares of Pool by 2.4% during the 1st quarter. Cim LLC now owns 3,613 shares of the specialty retailer’s stock valued at $731,000 after purchasing an additional 84 shares in the last quarter. 98.99% of the stock is owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

Several analysts recently issued reports on POOL shares. Citigroup reaffirmed an “underperform” rating on shares of Pool in a research note on Monday, October 19th. DA Davidson decreased their target price on shares of Pool from $210.00 to $200.00 and set a “neutral” rating on the stock in a research note on Friday. Longbow Research restated a “neutral” rating on shares of Pool in a report on Monday, October 19th. Robert W. Baird set a $250.00 target price on Pool in a report on Friday. Finally, Weiss Ratings restated a “sell (d+)” rating on shares of Pool in a research report on Tuesday, August 11th. Five analysts have rated the stock with a Buy rating, five have issued a Hold rating and three have given a Sell rating to the stock. According to data from MarketBeat.com, Pool has an average rating of “Hold” and a consensus target price of $227.70.

Read Our Latest Research Report on POOL

Pool Stock Down 0.2%

Shares of POOL opened at $194.90 on Wednesday. Pool Corporation has a 52-week low of $152.70 and a 52-week high of $293.27. The stock has a fifty day simple moving average of $174.26 and a two-hundred day simple moving average of $203.66.

Pool (NASDAQ:POOL – Get Free Report) last posted its quarterly earnings results on Thursday, October 22nd. The specialty retailer reported $3.40 EPS for the quarter, topping the consensus estimate of $3.36 by $0.04. The company had revenue of $1.50 billion for the quarter, compared to analysts’ expectations of $1.48 billion. The firm’s revenue was up 3.7% on a year-over-year basis. During the same quarter in the prior year, the firm earned $3.39 EPS. As a group, research analysts predict that Pool Corporation will post 10.95 EPS for the current fiscal year.

Key Stories Impacting Pool

Here are the key news stories impacting Pool this week:

  • Positive Sentiment: Analysts reportedly maintain a consensus price target of $227.70 for Pool Corporation, implying meaningful upside from recent trading levels and offering support to the stock’s valuation. Pool Corporation consensus price target article
  • Positive Sentiment: Pentair’s strong third-quarter earnings and management’s indication that pool-channel inventory destocking is largely complete provide a favorable read-through for pool-equipment demand. A normalization in distributor inventories could improve industry sales comparisons heading into the 2027 pool season, although this is an indirect catalyst for POOL. Pentair third-quarter earnings and pool business reset article
  • Neutral Sentiment: Reports of Poolify acquiring KP Pool in California and other consumer-focused pool stories indicate continued activity and interest in the swimming-pool market, but they do not involve Pool Corporation directly and are unlikely to materially affect its shares. Poolify acquisition article
  • Neutral Sentiment: A market-data note reporting zero shares of short interest does not provide evidence of meaningful bearish positioning; the apparently contradictory description of a “large increase” makes the data less reliable as a trading signal.

Pool Profile

(Free Report)

Pool Corporation, doing business as POOLCORP, is a wholesale distributor of swimming pool and outdoor living products. The company supplies pool contractors, retailers, builders, and service professionals with products used to construct, renovate, maintain, and enhance residential and commercial pools.

Its product offerings include swimming pool equipment, pumps, filters, heaters, cleaners, lighting, chemicals, replacement parts, and maintenance supplies. POOLCORP also distributes products for outdoor living, including patio and recreational items, as well as irrigation and landscape-related supplies in selected markets.

Founded in 1993 and headquartered in Covington, Louisiana, POOLCORP serves customers through a network of distribution centers and sales operations in the United States, Canada, Europe, and Australia.

Further Reading

Want to see what other hedge funds are holding POOL? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Pool Corporation (NASDAQ:POOL – Free Report).

Institutional Ownership by Quarter for Pool (NASDAQ:POOL)

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