Oak Thistle LLC Buys 6,395 Shares of Pool Corporation $POOL

Oak Thistle LLC raised its position in shares of Pool Corporation (NASDAQ:POOL) by 970.4% in the fourth quarter, according to its most recent filing with the SEC. The firm owned 7,054 shares of the specialty retailer’s stock after purchasing an additional 6,395 shares during the quarter. Oak Thistle LLC’s holdings in Pool were worth $1,614,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Berkshire Hathaway Inc increased its position in shares of Pool by 136.3% during the second quarter. Berkshire Hathaway Inc now owns 3,458,885 shares of the specialty retailer’s stock worth $1,008,196,000 after buying an additional 1,994,885 shares during the period. Wellington Management Group LLP raised its stake in Pool by 16.2% during the third quarter. Wellington Management Group LLP now owns 2,563,373 shares of the specialty retailer’s stock worth $794,825,000 after buying an additional 357,643 shares during the last quarter. Worldquant Millennium Advisors LLC lifted its holdings in Pool by 1,301.7% in the second quarter. Worldquant Millennium Advisors LLC now owns 194,880 shares of the specialty retailer’s stock valued at $56,804,000 after buying an additional 180,977 shares during the period. Alliancebernstein L.P. boosted its position in Pool by 157.8% during the third quarter. Alliancebernstein L.P. now owns 113,284 shares of the specialty retailer’s stock valued at $35,126,000 after acquiring an additional 69,333 shares during the last quarter. Finally, Waratah Capital Advisors Ltd. boosted its position in Pool by 460.7% during the third quarter. Waratah Capital Advisors Ltd. now owns 71,891 shares of the specialty retailer’s stock valued at $22,291,000 after acquiring an additional 59,070 shares during the last quarter. Institutional investors and hedge funds own 98.99% of the company’s stock.

Pool Price Performance

Shares of NASDAQ POOL opened at $209.45 on Thursday. The firm has a market capitalization of $7.69 billion, a P/E ratio of 19.32, a P/E/G ratio of 2.54 and a beta of 1.26. The firm’s 50-day moving average price is $225.19 and its 200-day moving average price is $249.34. The company has a current ratio of 2.24, a quick ratio of 0.59 and a debt-to-equity ratio of 1.00. Pool Corporation has a 1-year low of $195.49 and a 1-year high of $345.00.

Pool (NASDAQ:POOL) last issued its earnings results on Thursday, February 19th. The specialty retailer reported $0.84 EPS for the quarter, missing analysts’ consensus estimates of $0.99 by ($0.15). Pool had a net margin of 7.67% and a return on equity of 31.49%. The firm had revenue of $982.21 million during the quarter, compared to the consensus estimate of $999.14 million. During the same period in the previous year, the firm earned $0.97 earnings per share. The business’s quarterly revenue was down .5% on a year-over-year basis. Pool has set its FY 2026 guidance at 10.850-11.150 EPS. Equities research analysts anticipate that Pool Corporation will post 11.32 earnings per share for the current fiscal year.

Pool Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Thursday, March 26th. Investors of record on Thursday, March 12th were given a $1.25 dividend. The ex-dividend date of this dividend was Thursday, March 12th. This represents a $5.00 annualized dividend and a yield of 2.4%. Pool’s dividend payout ratio (DPR) is presently 46.13%.

Wall Street Analysts Forecast Growth

Several research analysts have recently weighed in on POOL shares. The Goldman Sachs Group lowered their price objective on Pool from $360.00 to $310.00 and set a “buy” rating for the company in a research report on Tuesday, January 13th. Robert W. Baird cut their target price on Pool from $320.00 to $300.00 and set an “outperform” rating on the stock in a research report on Friday, February 20th. Wall Street Zen cut Pool from a “hold” rating to a “sell” rating in a research note on Sunday, March 29th. Wells Fargo & Company lowered their target price on Pool from $230.00 to $215.00 and set an “equal weight” rating for the company in a report on Wednesday. Finally, Oppenheimer dropped their price target on Pool from $346.00 to $280.00 and set an “outperform” rating on the stock in a research note on Tuesday, February 24th. Five research analysts have rated the stock with a Buy rating, five have given a Hold rating and two have given a Sell rating to the stock. Based on data from MarketBeat, Pool has a consensus rating of “Hold” and an average target price of $279.63.

Insider Buying and Selling at Pool

In other news, CFO Melanie M. Hart sold 2,750 shares of Pool stock in a transaction dated Tuesday, February 24th. The shares were sold at an average price of $220.00, for a total transaction of $605,000.00. Following the completion of the transaction, the chief financial officer directly owned 18,039 shares in the company, valued at $3,968,580. This trade represents a 13.23% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, SVP Romain Kenneth G. St bought 5,560 shares of the firm’s stock in a transaction dated Monday, February 23rd. The shares were acquired at an average cost of $218.67 per share, with a total value of $1,215,805.20. Following the completion of the transaction, the senior vice president owned 82,845 shares of the company’s stock, valued at $18,115,716.15. This represents a 7.19% increase in their ownership of the stock. The disclosure for this purchase is available in the SEC filing. 3.00% of the stock is currently owned by company insiders.

Pool Profile

Pool Corporation is a leading wholesale distributor of swimming pool supplies, equipment, and related outdoor living products. Headquartered in Covington, Louisiana, the company serves a diverse customer base that includes service professionals, independent retailers, high-volume builders, and national retail chains. Pool Corporation’s extensive branch network enables it to maintain strong local customer relationships while leveraging its scale to source products efficiently from manufacturers around the world.

The company’s product portfolio spans pool and spa chemicals, water treatment equipment, pumps, filters, heaters, automation and control systems, liners, safety covers, and cleaning accessories.