Villere ST Denis J & Co. LLC Cuts Stake in Pool Corporation $POOL

Villere ST Denis J & Co. LLC lessened its stake in shares of Pool Corporation (NASDAQ:POOL) by 2.6% during the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 127,206 shares of the specialty retailer’s stock after selling 3,424 shares during the quarter. Pool comprises 3.6% of Villere ST Denis J & Co. LLC’s investment portfolio, making the stock its 5th biggest holding. Villere ST Denis J & Co. LLC’s holdings in Pool were worth $37,078,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors and hedge funds also recently made changes to their positions in the company. Aberdeen Group plc lifted its position in Pool by 3.7% in the 2nd quarter. Aberdeen Group plc now owns 34,334 shares of the specialty retailer’s stock valued at $10,008,000 after acquiring an additional 1,224 shares in the last quarter. Blue Trust Inc. lifted its position 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 acquiring an additional 55 shares in the last quarter. L. Roy Papp & Associates LLP lifted its position in Pool by 11.5% in the 2nd quarter. L. Roy Papp & Associates LLP now owns 2,135 shares of the specialty retailer’s stock valued at $622,000 after acquiring an additional 221 shares in the last quarter. Callan Family Office LLC bought a new position in Pool in the 2nd quarter valued at about $251,000. Finally, Roundview Capital LLC lifted its position in Pool by 67.2% in the 2nd quarter. Roundview Capital LLC now owns 2,498 shares of the specialty retailer’s stock valued at $728,000 after acquiring an additional 1,004 shares in the last quarter. Institutional investors own 98.99% of the company’s stock.

Pool Trading Down 2.1%

NASDAQ:POOL opened at $289.91 on Friday. The company has a debt-to-equity ratio of 0.93, a quick ratio of 0.87 and a current ratio of 2.52. The firm has a market cap of $10.82 billion, a price-to-earnings ratio of 26.74, a price-to-earnings-growth ratio of 3.58 and a beta of 1.11. Pool Corporation has a 52 week low of $282.22 and a 52 week high of $395.60. The firm has a 50-day moving average price of $314.60 and a two-hundred day moving average price of $307.80.

Pool (NASDAQ:POOL) last posted its quarterly earnings data on Thursday, July 24th. The specialty retailer reported $5.17 EPS for the quarter, beating the consensus estimate of $5.12 by $0.05. Pool had a net margin of 7.79% and a return on equity of 30.99%. The firm had revenue of $1.78 billion during the quarter, compared to analyst estimates of $1.79 billion. During the same quarter last year, the business posted $4.99 EPS. The company’s revenue for the quarter was up .9% on a year-over-year basis. Pool has set its FY 2025 guidance at 10.700-11.200 EPS. On average, equities analysts expect that Pool Corporation will post 11.32 earnings per share for the current fiscal year.

Pool Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Thursday, August 28th. Stockholders of record on Thursday, August 14th were paid a dividend of $1.25 per share. The ex-dividend date was Thursday, August 14th. This represents a $5.00 annualized dividend and a dividend yield of 1.7%. Pool’s dividend payout ratio (DPR) is presently 46.13%.

Analyst Upgrades and Downgrades

Several equities analysts recently weighed in on the stock. Guggenheim assumed coverage on shares of Pool in a research report on Wednesday. They issued a “neutral” rating on the stock. Robert W. Baird raised their price target on shares of Pool from $310.00 to $340.00 and gave the company a “neutral” rating in a research report on Friday, July 25th. KeyCorp began coverage on shares of Pool in a research report on Tuesday, September 30th. They issued a “sector weight” rating on the stock. Weiss Ratings reiterated a “hold (c-)” rating on shares of Pool in a research note on Wednesday. Finally, Wall Street Zen upgraded shares of Pool from a “sell” rating to a “hold” rating in a research note on Saturday, July 26th. Two equities research analysts have rated the stock with a Buy rating and eight have assigned a Hold rating to the stock. According to MarketBeat.com, the stock has a consensus rating of “Hold” and a consensus target price of $342.14.

Pool Profile

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.