Pool Corporation $POOL Position Raised by Teachers Retirement System of The State of Kentucky

Teachers Retirement System of The State of Kentucky lifted its position in shares of Pool Corporation (NASDAQ:POOL) by 10.0% in the 3rd quarter, according to its most recent disclosure with the SEC. The fund owned 35,932 shares of the specialty retailer’s stock after acquiring an additional 3,262 shares during the period. Teachers Retirement System of The State of Kentucky owned 0.10% of Pool worth $11,142,000 as of its most recent filing with the SEC.

A number of other large investors have also modified their holdings of POOL. CI Investments Inc. grew its position in Pool by 274.4% in the 3rd quarter. CI Investments Inc. now owns 78,914 shares of the specialty retailer’s stock worth $24,469,000 after purchasing an additional 57,835 shares during the last quarter. Strive Asset Management LLC acquired a new position in shares of Pool during the third quarter worth approximately $3,101,000. American Century Companies Inc. grew its holdings in Pool by 11.5% in the 3rd quarter. American Century Companies Inc. now owns 301,343 shares of the specialty retailer’s stock worth $93,437,000 after buying an additional 31,117 shares in the last quarter. Handelsbanken Fonder AB grew its holdings in Pool by 20.2% in the 3rd quarter. Handelsbanken Fonder AB now owns 156,044 shares of the specialty retailer’s stock worth $48,385,000 after buying an additional 26,200 shares in the last quarter. Finally, Diversify Wealth Management LLC increased its position in Pool by 1.2% in the 3rd quarter. Diversify Wealth Management LLC now owns 5,963 shares of the specialty retailer’s stock valued at $1,849,000 after acquiring an additional 72 shares during the period. Institutional investors and hedge funds own 98.99% of the company’s stock.

Wall Street Analyst Weigh In

Several research analysts have recently issued reports on the company. Cfra raised Pool from a “hold” rating to a “buy” rating and set a $304.00 price target for the company in a research note on Monday, December 22nd. Stifel Nicolaus reduced their price objective on shares of Pool from $240.00 to $232.00 and set a “hold” rating for the company in a report on Monday, February 23rd. Oppenheimer decreased their target price on shares of Pool from $346.00 to $280.00 and set an “outperform” rating for the company in a research report on Tuesday, February 24th. Wells Fargo & Company dropped their price target on shares of Pool from $275.00 to $230.00 and set an “equal weight” rating on the stock in a research report on Friday, February 20th. Finally, Weiss Ratings reiterated a “sell (d+)” rating on shares of Pool in a report on Monday, December 29th. Five equities research analysts have rated the stock with a Buy rating, six have issued a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat, Pool currently has a consensus rating of “Hold” and an average target price of $281.50.

Pool Trading Down 0.4%

Shares of NASDAQ:POOL opened at $221.22 on Wednesday. The company has a debt-to-equity ratio of 1.00, a quick ratio of 0.59 and a current ratio of 2.24. The stock has a market capitalization of $8.14 billion, a price-to-earnings ratio of 20.41, a PEG ratio of 2.77 and a beta of 1.25. Pool Corporation has a 1-year low of $210.67 and a 1-year high of $374.74. The company has a 50 day moving average price of $247.71 and a 200 day moving average price of $269.61.

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

Pool Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Thursday, March 26th. Investors of record on Thursday, March 12th will be paid a $1.25 dividend. The ex-dividend date of this dividend is Thursday, March 12th. This represents a $5.00 dividend on an annualized basis and a yield of 2.3%. Pool’s dividend payout ratio (DPR) is currently 46.13%.

Insider Activity

In other news, SVP Romain Kenneth G. St acquired 5,560 shares of Pool stock in a transaction on Monday, February 23rd. The stock was bought at an average cost of $218.67 per share, with a total value of $1,215,805.20. Following the completion of the purchase, 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 purchase was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, CFO Melanie M. Hart sold 2,750 shares of the business’s stock in a transaction that occurred on Tuesday, February 24th. The shares were sold at an average price of $220.00, for a total transaction of $605,000.00. Following the sale, the chief financial officer owned 18,039 shares in the company, valued at $3,968,580. This represents a 13.23% decrease in their position. The disclosure for this sale is available in the SEC filing. 3.00% of the stock is currently owned by insiders.

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.