Quantbot Technologies LP Acquires 20,537 Shares of Pool Corporation $POOL

Quantbot Technologies LP increased its holdings in shares of Pool Corporation (NASDAQ:POOL) by 277.9% during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 27,928 shares of the specialty retailer’s stock after acquiring an additional 20,537 shares during the quarter. Quantbot Technologies LP owned about 0.07% of Pool worth $8,140,000 as of its most recent SEC filing.

Several other hedge funds have also added to or reduced their stakes in the business. Clearstead Trust LLC acquired a new position in shares of Pool in the second quarter valued at $25,000. Chilton Capital Management LLC bought a new stake in shares of Pool during the 2nd quarter worth about $30,000. Mid American Wealth Advisory Group Inc. acquired a new position in Pool in the 2nd quarter valued at about $34,000. Brooklyn Investment Group grew its stake in Pool by 53.1% in the 1st quarter. Brooklyn Investment Group now owns 147 shares of the specialty retailer’s stock valued at $47,000 after buying an additional 51 shares during the last quarter. Finally, WPG Advisers LLC acquired a new stake in Pool during the first quarter worth approximately $49,000. Institutional investors and hedge funds own 98.99% of the company’s stock.

Wall Street Analyst Weigh In

A number of equities analysts have recently weighed in on POOL shares. Robert W. Baird set a $345.00 target price on Pool in a research note on Friday, October 24th. Weiss Ratings reiterated a “sell (d+)” rating on shares of Pool in a research report on Monday. William Blair reissued a “market perform” rating on shares of Pool in a report on Wednesday, October 15th. The Goldman Sachs Group set a $360.00 target price on shares of Pool and gave the company a “buy” rating in a research report on Thursday, October 23rd. Finally, KeyCorp initiated coverage on shares of Pool in a research note on Tuesday, September 30th. They issued a “sector weight” rating on the stock. Three research analysts have rated the stock with a Buy rating, seven have given a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat.com, the stock currently has an average rating of “Hold” and a consensus price target of $337.86.

Pool Stock Performance

NASDAQ:POOL opened at $244.73 on Wednesday. The company has a market cap of $9.12 billion, a price-to-earnings ratio of 22.31, a PEG ratio of 3.94 and a beta of 1.12. Pool Corporation has a fifty-two week low of $229.63 and a fifty-two week high of $380.82. The company has a debt-to-equity ratio of 0.76, a quick ratio of 0.87 and a current ratio of 2.57. The stock has a fifty day moving average price of $274.43 and a 200-day moving average price of $296.57.

Pool (NASDAQ:POOL) last posted its quarterly earnings results on Thursday, October 23rd. The specialty retailer reported $3.39 EPS for the quarter, beating analysts’ consensus estimates of $3.38 by $0.01. Pool had a return on equity of 31.40% and a net margin of 7.77%.The business had revenue of $1.45 billion during the quarter, compared to the consensus estimate of $1.46 billion. During the same quarter in the previous year, the firm earned $3.26 earnings per share. Pool’s revenue for the quarter was up 1.3% compared to the same quarter last year. Pool has set its FY 2025 guidance at 10.700-11.200 EPS. As a group, equities analysts anticipate that Pool Corporation will post 11.32 EPS for the current fiscal year.

Pool Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Wednesday, November 26th. Stockholders of record on Wednesday, November 12th were issued a dividend of $1.25 per share. This represents a $5.00 dividend on an annualized basis and a dividend yield of 2.0%. The ex-dividend date of this dividend was Wednesday, November 12th. Pool’s dividend payout ratio is 45.58%.

About Pool

Pool Corporation distributes swimming pool supplies, equipment, and related leisure products in the United States and internationally. The company offers maintenance products, including chemicals, supplies, and pool accessories; repair and replacement parts for pool equipment, such as cleaners, filters, heaters, pumps, and lights; and building materials, such as concrete, plumbing and electrical components, functional and decorative pool surfaces, decking materials, tiles, hardscapes, and natural stones for pool installations and remodeling.