Sepio Capital LP Sells 320 Shares of Pool Corporation $POOL

Sepio Capital LP trimmed its position in Pool Corporation (NASDAQ:POOL) by 17.9% in the second quarter, according to its most recent filing with the SEC. The institutional investor owned 1,470 shares of the specialty retailer’s stock after selling 320 shares during the period. Sepio Capital LP’s holdings in Pool were worth $428,000 as of its most recent SEC filing.

Several other hedge funds have also recently modified their holdings of POOL. Cim LLC boosted its stake in shares of Pool by 1.3% in the 1st quarter. Cim LLC now owns 2,993 shares of the specialty retailer’s stock worth $953,000 after buying an additional 38 shares during the last quarter. Whittier Trust Co. lifted its holdings in Pool by 14.0% during the second quarter. Whittier Trust Co. now owns 375 shares of the specialty retailer’s stock worth $109,000 after acquiring an additional 46 shares during the period. Brooklyn Investment Group boosted its position in Pool by 53.1% in the first quarter. Brooklyn Investment Group now owns 147 shares of the specialty retailer’s stock worth $47,000 after purchasing an additional 51 shares during the last quarter. Blue Trust Inc. grew its stake in Pool by 24.4% in the 2nd quarter. Blue Trust Inc. now owns 280 shares of the specialty retailer’s stock valued at $82,000 after purchasing an additional 55 shares during the period. Finally, RiverPark Advisors LLC grew its stake in Pool by 3.2% in the 2nd quarter. RiverPark Advisors LLC now owns 1,796 shares of the specialty retailer’s stock valued at $523,000 after purchasing an additional 55 shares during the period. Institutional investors own 98.99% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of research analysts have weighed in on the stock. William Blair reiterated a “market perform” rating on shares of Pool in a research note on Wednesday, October 15th. Weiss Ratings reaffirmed a “sell (d+)” rating on shares of Pool in a report on Tuesday, November 25th. The Goldman Sachs Group set a $360.00 price objective on Pool and gave the company a “buy” rating in a report on Thursday, October 23rd. KeyCorp started coverage on Pool in a research note on Tuesday, September 30th. They issued a “sector weight” rating on the stock. Finally, Guggenheim initiated coverage on Pool in a research note on Wednesday, October 8th. They issued a “neutral” rating on the stock. Three investment analysts have rated the stock with a Buy rating, seven have issued a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat.com, Pool currently has an average rating of “Hold” and an average price target of $337.86.

Pool Trading Down 0.1%

Shares of POOL opened at $243.37 on Tuesday. The business’s 50-day moving average price is $275.79 and its 200-day moving average price is $297.10. The company has a quick ratio of 0.87, a current ratio of 2.57 and a debt-to-equity ratio of 0.76. Pool Corporation has a twelve month low of $229.63 and a twelve month high of $380.82. The stock has a market cap of $9.07 billion, a PE ratio of 22.19, a P/E/G ratio of 3.94 and a beta of 1.12.

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

Pool Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, November 26th. Investors of record on Wednesday, November 12th were paid a dividend of $1.25 per share. The ex-dividend date of this dividend was Wednesday, November 12th. This represents a $5.00 annualized dividend and a yield of 2.1%. Pool’s dividend payout ratio (DPR) is currently 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.