Pool Corporation (POOL) To Go Ex-Dividend on May 14th

Pool Corporation (NASDAQ:POOL) declared a quarterly dividend on Wednesday, April 29th. Stockholders of record on Thursday, May 14th will be paid a dividend of 1.30 per share by the specialty retailer on Thursday, May 28th. This represents a c) annualized dividend and a dividend yield of 2.8%. The ex-dividend date of this dividend is Thursday, May 14th. This is a 4.0% increase from Pool’s previous quarterly dividend of $1.25.

Pool has raised its dividend payment by an average of 0.2%annually over the last three years and has raised its dividend every year for the last 15 years. Pool has a dividend payout ratio of 43.6% meaning its dividend is sufficiently covered by earnings. Analysts expect Pool to earn $12.15 per share next year, which means the company should continue to be able to cover its $5.20 annual dividend with an expected future payout ratio of 42.8%.

Pool Stock Performance

Shares of POOL opened at $184.77 on Tuesday. The company’s fifty day moving average is $210.78 and its 200-day moving average is $236.00. Pool has a 12 month low of $184.50 and a 12 month high of $345.00. The firm has a market cap of $6.73 billion, a price-to-earnings ratio of 17.00, a price-to-earnings-growth ratio of 2.38 and a beta of 1.16. The company has a quick ratio of 0.55, a current ratio of 1.87 and a debt-to-equity ratio of 1.09.

Pool (NASDAQ:POOL) last posted its earnings results on Thursday, April 23rd. The specialty retailer reported $1.43 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.34 by $0.09. Pool had a net margin of 7.57% and a return on equity of 32.37%. The business had revenue of $1.14 billion for the quarter, compared to analyst estimates of $1.82 billion. During the same period last year, the business posted $1.32 EPS. Pool’s revenue was up 6.2% compared to the same quarter last year. Pool has set its FY 2026 guidance at 10.870-11.170 EPS. Equities analysts expect that Pool will post 11.07 EPS for the current fiscal year.

Insider Buying and Selling at Pool

In other Pool news, Director John E. Stokely bought 1,000 shares of the firm’s stock in a transaction dated Thursday, May 7th. The shares were acquired at an average cost of $193.06 per share, for a total transaction of $193,060.00. Following the transaction, the director owned 16,230 shares in the company, valued at approximately $3,133,363.80. The trade was a 6.57% increase in their ownership of the stock. The acquisition was disclosed in a legal filing with the SEC, which is available through the SEC website. Also, Director De La Mesa Manuel J. Perez bought 10,000 shares of the firm’s stock in a transaction dated Thursday, May 7th. The shares were acquired at an average price of $190.00 per share, for a total transaction of $1,900,000.00. Following the completion of the transaction, the director owned 30,108 shares in the company, valued at $5,720,520. This represents a 49.73% increase in their position. The SEC filing for this purchase provides additional information. Insiders acquired 22,024 shares of company stock worth $4,424,071 in the last 90 days. 3.00% of the stock is currently owned by insiders.

Hedge Funds Weigh In On Pool

Several institutional investors have recently added to or reduced their stakes in POOL. Jacobs Levy Equity Management Inc. bought a new position in Pool during the 1st quarter valued at about $400,000. Millennium Management LLC lifted its holdings in Pool by 237.9% during the 1st quarter. Millennium Management LLC now owns 17,390 shares of the specialty retailer’s stock valued at $5,536,000 after purchasing an additional 12,244 shares during the last quarter. Empowered Funds LLC bought a new position in Pool during the 1st quarter valued at about $639,000. Geneos Wealth Management Inc. lifted its holdings in Pool by 164.4% during the 1st quarter. Geneos Wealth Management Inc. now owns 156 shares of the specialty retailer’s stock valued at $50,000 after purchasing an additional 97 shares during the last quarter. Finally, Acadian Asset Management LLC lifted its holdings in Pool by 201.2% during the 1st quarter. Acadian Asset Management LLC now owns 2,012 shares of the specialty retailer’s stock valued at $639,000 after purchasing an additional 1,344 shares during the last quarter. 98.99% of the stock is owned by institutional investors.

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.