Robeco Institutional Asset Management B.V. Has $1.97 Million Holdings in Pool Corporation $POOL

Robeco Institutional Asset Management B.V. increased its holdings in shares of Pool Corporation (NASDAQ:POOL) by 58.8% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 6,755 shares of the specialty retailer’s stock after buying an additional 2,500 shares during the quarter. Robeco Institutional Asset Management B.V.’s holdings in Pool were worth $1,969,000 as of its most recent SEC filing.

Several other hedge funds have also added to or reduced their stakes in POOL. City Holding Co. acquired a new stake in Pool during the 1st quarter worth $26,000. Brooklyn Investment Group raised its stake in shares of Pool by 53.1% in the 1st 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 period. WPG Advisers LLC acquired a new stake in shares of Pool in the 1st quarter valued at about $49,000. Steph & Co. acquired a new stake in shares of Pool in the 2nd quarter valued at about $49,000. Finally, Geneos Wealth Management Inc. raised its stake in shares of Pool by 164.4% in the 1st quarter. Geneos Wealth Management Inc. now owns 156 shares of the specialty retailer’s stock valued at $50,000 after purchasing an additional 97 shares during the period. Institutional investors and hedge funds own 98.99% of the company’s stock.

Pool Stock Down 2.0%

NASDAQ POOL opened at $301.09 on Wednesday. The company has a current ratio of 2.52, a quick ratio of 0.87 and a debt-to-equity ratio of 0.93. Pool Corporation has a 1-year low of $282.22 and a 1-year high of $395.60. The company has a 50 day moving average of $315.42 and a 200-day moving average of $308.29. The company has a market cap of $11.24 billion, a price-to-earnings ratio of 27.78, a PEG ratio of 4.25 and a beta of 1.11.

Pool (NASDAQ:POOL) last announced its quarterly earnings data on Thursday, July 24th. The specialty retailer reported $5.17 EPS for the quarter, beating the consensus estimate of $5.12 by $0.05. Pool had a net margin of 7.79% and a return on equity of 30.99%. The business had revenue of $1.78 billion during the quarter, compared to the consensus estimate of $1.79 billion. During the same period in the previous year, the business earned $4.99 earnings per share. The company’s revenue was up .9% on a year-over-year basis. Pool has set its FY 2025 guidance at 10.700-11.200 EPS. On average, equities research analysts expect that Pool Corporation will post 11.32 earnings per share for the current fiscal year.

Pool Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, August 28th. Investors of record on Thursday, August 14th were paid a $1.25 dividend. The ex-dividend date of this dividend was Thursday, August 14th. This represents a $5.00 annualized dividend and a dividend yield of 1.7%. Pool’s payout ratio is currently 46.13%.

Analyst Upgrades and Downgrades

Several analysts have issued reports on the company. Robert W. Baird lifted their price target on Pool from $310.00 to $340.00 and gave the company a “neutral” rating in a research note on Friday, July 25th. Oppenheimer lifted their price target on Pool from $322.00 to $346.00 and gave the company an “outperform” rating in a research note on Tuesday, July 29th. Wells Fargo & Company lifted their price target on Pool from $300.00 to $320.00 and gave the company an “equal weight” rating in a research note on Tuesday, July 8th. KeyCorp assumed coverage on Pool in a research note on Tuesday, September 30th. They issued a “sector weight” rating on the stock. Finally, Wall Street Zen raised Pool from a “sell” rating to a “hold” rating in a research report on Saturday, July 26th. Two analysts have rated the stock with a Buy rating and seven have assigned a Hold rating to the company’s stock. Based on data from MarketBeat, Pool presently has an average rating of “Hold” and a consensus target price of $342.14.

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.