Chilton Capital Management LLC Invests $30,000 in Pool Corporation $POOL

Chilton Capital Management LLC bought a new stake in Pool Corporation (NASDAQ:POOL) during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor bought 103 shares of the specialty retailer’s stock, valued at approximately $30,000.

A number of other institutional investors and hedge funds have also added to or reduced their stakes in the company. Amalgamated Bank lifted its position in shares of Pool by 3.1% in the 1st quarter. Amalgamated Bank now owns 8,076 shares of the specialty retailer’s stock worth $2,571,000 after purchasing an additional 246 shares during the period. Mirae Asset Global Investments Co. Ltd. raised its stake in Pool by 12.7% during the first quarter. Mirae Asset Global Investments Co. Ltd. now owns 4,954 shares of the specialty retailer’s stock worth $1,560,000 after buying an additional 559 shares during the last quarter. Virtu Financial LLC acquired a new position in Pool in the first quarter valued at $1,084,000. Mitsubishi UFJ Asset Management Co. Ltd. boosted its position in Pool by 17.3% during the first quarter. Mitsubishi UFJ Asset Management Co. Ltd. now owns 70,755 shares of the specialty retailer’s stock valued at $22,525,000 after acquiring an additional 10,421 shares during the last quarter. Finally, Stephens Investment Management Group LLC grew its holdings in Pool by 2.1% during the 1st quarter. Stephens Investment Management Group LLC now owns 117,083 shares of the specialty retailer’s stock worth $37,273,000 after acquiring an additional 2,460 shares during the period. Institutional investors and hedge funds own 98.99% of the company’s stock.

Analyst Ratings Changes

A number of research analysts have recently issued reports on POOL shares. Guggenheim began coverage on Pool in a research note on Wednesday, October 8th. They issued a “neutral” rating on the stock. Weiss Ratings reiterated a “hold (c-)” rating on shares of Pool in a report on Saturday. Robert W. Baird set a $345.00 price target on Pool in a report on Friday. KeyCorp assumed coverage on shares of Pool in a research report on Tuesday, September 30th. They set a “sector weight” rating for the company. Finally, Wall Street Zen upgraded shares of Pool from a “sell” rating to a “hold” rating in a research report on Saturday, July 26th. Three analysts have rated the stock with a Buy rating and eight have assigned a Hold rating to the company. According to data from MarketBeat.com, the stock presently has an average rating of “Hold” and an average price target of $337.86.

Pool Stock Performance

Shares of POOL stock opened at $293.75 on Monday. The company has a current ratio of 2.57, a quick ratio of 0.87 and a debt-to-equity ratio of 0.76. The firm has a fifty day simple moving average of $310.65 and a two-hundred day simple moving average of $306.44. Pool Corporation has a 12 month low of $282.22 and a 12 month high of $395.60. The firm has a market capitalization of $10.96 billion, a PE ratio of 26.78, a price-to-earnings-growth ratio of 3.93 and a beta of 1.11.

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

Pool Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Thursday, August 28th. Stockholders of record on Thursday, August 14th were paid a $1.25 dividend. The ex-dividend date of this dividend was Thursday, August 14th. This represents a $5.00 annualized dividend and a dividend yield of 1.7%. Pool’s dividend payout ratio is 45.58%.

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.