Pool (NASDAQ:POOL) Reaches New 52-Week Low – Here’s What Happened

Shares of Pool Corporation (NASDAQ:POOL) reached a new 52-week low on Monday . The company traded as low as $172.68 and last traded at $177.7580, with a volume of 102739 shares. The stock had previously closed at $175.35.

Wall Street Analyst Weigh In

POOL has been the topic of a number of research reports. Wall Street Zen raised Pool from a “sell” rating to a “hold” rating in a research note on Monday, April 27th. 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. Deutsche Bank Aktiengesellschaft set a $246.00 price target on Pool in a research note on Friday, February 20th. Robert W. Baird dropped their price target on Pool from $320.00 to $300.00 and set an “outperform” rating on the stock in a research note on Friday, February 20th. Finally, Weiss Ratings downgraded Pool from a “hold (c-)” rating to a “sell (d+)” rating in a research note on Thursday, May 14th. Four analysts have rated the stock with a Buy rating, six have assigned a Hold rating and two have assigned a Sell rating to the company. According to data from MarketBeat, Pool presently has a consensus rating of “Hold” and a consensus price target of $261.38.

Pool Trading Down 1.6%

The stock has a market capitalization of $6.51 billion, a PE ratio of 16.43, a price-to-earnings-growth ratio of 2.30 and a beta of 1.16. The firm has a 50-day moving average price of $205.70 and a 200-day moving average price of $231.16. The company has a current ratio of 1.87, a quick ratio of 0.55 and a debt-to-equity ratio of 1.09.

Pool (NASDAQ:POOL) last announced its earnings results on Thursday, April 23rd. The specialty retailer reported $1.43 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.34 by $0.09. Pool had a return on equity of 32.37% and a net margin of 7.57%.The firm had revenue of $1.14 billion during the quarter, compared to analyst estimates of $1.82 billion. During the same period last year, the firm posted $1.32 EPS. The business’s revenue was up 6.2% compared to the same quarter last year. Pool has set its FY 2026 guidance at 10.870-11.170 EPS. As a group, equities analysts forecast that Pool Corporation will post 11.08 EPS for the current fiscal year.

Pool Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Thursday, May 28th. Stockholders of record on Thursday, May 14th will be given a $1.30 dividend. This represents a $5.20 annualized dividend and a dividend yield of 2.9%. This is a boost from Pool’s previous quarterly dividend of $1.25. The ex-dividend date is Thursday, May 14th. Pool’s dividend payout ratio (DPR) is presently 47.84%.

Pool declared that its Board of Directors has authorized a stock buyback plan on Wednesday, April 29th that authorizes the company to repurchase $600.00 million in shares. This repurchase authorization authorizes the specialty retailer to repurchase up to 7.8% of its stock through open market purchases. Stock repurchase plans are typically an indication that the company’s board believes its shares are undervalued.

Insider Buying and Selling

In related news, SVP Romain Kenneth G. St purchased 5,560 shares of Pool stock in a transaction dated Monday, February 23rd. The stock was bought at an average cost of $218.67 per share, for a total transaction of $1,215,805.20. Following the completion of the transaction, the senior vice president owned 82,845 shares in the company, valued at $18,115,716.15. This trade represents a 7.19% increase in their ownership of the stock. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link. Also, Director De La Mesa Manuel J. Perez acquired 10,000 shares of the company’s stock in a transaction that occurred on Wednesday, May 13th. The shares were acquired at an average cost of $175.95 per share, with a total value of $1,759,500.00. Following the purchase, the director directly owned 40,108 shares of the company’s stock, valued at $7,057,002.60. This trade represents a 33.21% increase in their position. The SEC filing for this purchase provides additional information. Insiders bought 32,549 shares of company stock valued at $6,283,552 in the last 90 days. Corporate insiders own 3.00% of the company’s stock.

Institutional Investors Weigh In On Pool

Large investors have recently added to or reduced their stakes in the business. Clearstead Advisors LLC boosted its stake in Pool by 100.0% during the fourth quarter. Clearstead Advisors LLC now owns 122 shares of the specialty retailer’s stock valued at $28,000 after buying an additional 61 shares during the period. Root Financial Partners LLC bought a new stake in Pool during the third quarter valued at $29,000. Private Trust Co. NA boosted its stake in Pool by 78.6% during the fourth quarter. Private Trust Co. NA now owns 125 shares of the specialty retailer’s stock valued at $29,000 after buying an additional 55 shares during the period. CYBER HORNET ETFs LLC bought a new stake in Pool during the second quarter valued at $30,000. Finally, Covestor Ltd boosted its stake in Pool by 348.4% during the fourth quarter. Covestor Ltd now owns 139 shares of the specialty retailer’s stock valued at $32,000 after buying an additional 108 shares during the period. Institutional investors own 98.99% of the company’s stock.

Pool Company 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.