Analysts Set Pool Corporation (NASDAQ:POOL) Price Target at $235.67

Pool Corporation (NASDAQ:POOL) has received an average rating of “Hold” from the thirteen analysts that are covering the stock, MarketBeat Ratings reports. Two research analysts have rated the stock with a sell recommendation, six have issued a hold recommendation and five have given a buy recommendation to the company. The average 1-year target price among brokerages that have updated their coverage on the stock in the last year is $235.6667.

Several equities analysts have recently weighed in on the company. Bank of America cut their target price on Pool from $226.00 to $206.00 and set an “underperform” rating on the stock in a research report on Monday, July 20th. Stifel Nicolaus dropped their price objective on shares of Pool from $235.00 to $189.00 and set a “hold” rating for the company in a research note on Friday, July 24th. Weiss Ratings reaffirmed a “sell (d+)” rating on shares of Pool in a research note on Tuesday, August 11th. Oppenheimer cut their price objective on shares of Pool from $280.00 to $227.00 and set an “outperform” rating on the stock in a research report on Friday, July 24th. Finally, Robert W. Baird set a $260.00 target price on shares of Pool in a research note on Friday, July 24th.

Pool Stock Performance

Pool stock opened at $190.47 on Thursday. The company’s 50-day moving average price is $200.68 and its 200-day moving average price is $209.05. Pool has a twelve month low of $172.68 and a twelve month high of $336.15. The company has a quick ratio of 0.91, a current ratio of 2.67 and a debt-to-equity ratio of 1.05. The company has a market cap of $6.92 billion, a PE ratio of 17.52, a price-to-earnings-growth ratio of 2.64 and a beta of 1.06.

Pool (NASDAQ:POOL) last posted its quarterly earnings data on Thursday, July 23rd. The specialty retailer reported $5.38 earnings per share (EPS) for the quarter, beating the consensus estimate of $5.33 by $0.05. The business had revenue of $1.82 billion during the quarter, compared to analyst estimates of $1.82 billion. Pool had a return on equity of 32.74% and a net margin of 7.40%.The company’s revenue for the quarter was up 2.2% on a year-over-year basis. During the same period last year, the company earned $5.17 EPS. Pool has set its FY 2026 guidance at 10.660-10.960 EPS. On average, equities research analysts forecast that Pool will post 10.94 EPS for the current fiscal year.

Pool Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Thursday, August 27th. Investors of record on Thursday, August 13th will be paid a dividend of $1.30 per share. The ex-dividend date of this dividend is Thursday, August 13th. This represents a $5.20 dividend on an annualized basis and a dividend yield of 2.7%. Pool’s payout ratio is currently 47.84%.

Pool declared that its Board of Directors has approved a stock repurchase plan on Wednesday, April 29th that permits the company to buyback $600.00 million in outstanding shares. This buyback authorization permits the specialty retailer to purchase up to 7.8% of its stock through open market purchases. Stock buyback plans are generally a sign that the company’s management believes its stock is undervalued.

Institutional Trading of Pool

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the company. CYBER HORNET ETFs LLC purchased a new position in shares of Pool during the second quarter valued at approximately $30,000. MUFG Securities EMEA plc bought a new stake in shares of Pool during the 2nd quarter worth approximately $33,000. Clearstead Advisors LLC lifted its stake in shares of Pool by 100.0% during the 4th quarter. Clearstead Advisors LLC now owns 122 shares of the specialty retailer’s stock worth $28,000 after acquiring an additional 61 shares during the last quarter. Private Trust Co. NA boosted its holdings in Pool by 78.6% during the 4th quarter. Private Trust Co. NA now owns 125 shares of the specialty retailer’s stock valued at $29,000 after acquiring an additional 55 shares during the period. Finally, Elevation Wealth Partners LLC boosted its holdings in Pool by 2,660.0% during the 2nd quarter. Elevation Wealth Partners LLC now owns 138 shares of the specialty retailer’s stock valued at $30,000 after acquiring an additional 133 shares during the period. 98.99% of the stock is owned by hedge funds and other institutional investors.

About Pool

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.