Pool (NASDAQ:POOL) Sets New 1-Year Low – Here’s What Happened

Pool Corporation (NASDAQ:POOL)’s stock price hit a new 52-week low on Monday . The company traded as low as $205.15 and last traded at $206.13, with a volume of 126133 shares traded. The stock had previously closed at $213.66.

Wall Street Analyst Weigh In

A number of analysts have recently issued reports on the stock. Robert W. Baird dropped their price target on shares of Pool from $320.00 to $300.00 and set an “outperform” rating on the stock in a report on Friday, February 20th. Deutsche Bank Aktiengesellschaft set a $246.00 price objective on shares of Pool in a report on Friday, February 20th. Cfra upgraded shares of Pool from a “hold” rating to a “buy” rating and set a $304.00 price objective on the stock in a research report on Monday, December 22nd. Oppenheimer dropped their target price on shares of Pool from $346.00 to $280.00 and set an “outperform” rating on the stock in a report on Tuesday, February 24th. Finally, Weiss Ratings reaffirmed a “sell (d+)” rating on shares of Pool in a research report on Monday, December 29th. Five research analysts have rated the stock with a Buy rating, six have given a Hold rating and one has issued a Sell rating to the company. According to MarketBeat, the stock currently has a consensus rating of “Hold” and a consensus price target of $281.50.

Pool Stock Down 2.7%

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 company’s 50-day moving average price is $246.85 and its 200 day moving average price is $267.47. The stock has a market capitalization of $7.65 billion, a P/E ratio of 19.17, a P/E/G ratio of 2.67 and a beta of 1.25.

Pool (NASDAQ:POOL) last issued its earnings results on Thursday, February 19th. The specialty retailer reported $0.84 earnings per share for the quarter, missing the consensus estimate of $0.99 by ($0.15). The firm had revenue of $982.21 million during the quarter, compared to the consensus estimate of $999.14 million. Pool had a return on equity of 31.49% and a net margin of 7.67%.The company’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. As a group, equities analysts expect that Pool Corporation will post 11.32 earnings per share for the current year.

Pool Announces Dividend

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

Insider Activity at Pool

In other Pool news, SVP Romain Kenneth G. St purchased 5,560 shares of the company’s stock in a transaction on Monday, February 23rd. The stock was acquired at an average cost of $218.67 per share, for a total transaction of $1,215,805.20. Following the purchase, the senior vice president directly owned 82,845 shares of the company’s stock, valued at $18,115,716.15. This trade represents a 7.19% increase in their position. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, CFO Melanie M. Hart sold 2,750 shares of the 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 directly owned 18,039 shares of the company’s stock, valued at approximately $3,968,580. This trade represents a 13.23% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. 3.00% of the stock is currently owned by company insiders.

Hedge Funds Weigh In On Pool

Several hedge funds have recently modified their holdings of the stock. CNB Bank increased its holdings in Pool by 4.1% in the 3rd quarter. CNB Bank now owns 918 shares of the specialty retailer’s stock valued at $285,000 after acquiring an additional 36 shares during the last quarter. Keybank National Association OH boosted its holdings in shares of Pool by 4.2% during the 3rd quarter. Keybank National Association OH now owns 999 shares of the specialty retailer’s stock valued at $310,000 after purchasing an additional 40 shares during the last quarter. MassMutual Private Wealth & Trust FSB boosted its holdings in shares of Pool by 22.0% during the 3rd quarter. MassMutual Private Wealth & Trust FSB now owns 227 shares of the specialty retailer’s stock valued at $70,000 after purchasing an additional 41 shares during the last quarter. Annis Gardner Whiting Capital Advisors LLC grew its position in shares of Pool by 20.0% during the fourth quarter. Annis Gardner Whiting Capital Advisors LLC now owns 270 shares of the specialty retailer’s stock valued at $62,000 after purchasing an additional 45 shares in the last quarter. Finally, Mitchell & Pahl Private Wealth LLC grew its position in shares of Pool by 1.4% during the third quarter. Mitchell & Pahl Private Wealth LLC now owns 3,228 shares of the specialty retailer’s stock valued at $1,001,000 after purchasing an additional 46 shares in the last quarter. Hedge funds and other institutional investors own 98.99% of the company’s stock.

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.