Natixis Advisors LLC Trims Holdings in Pool Corporation $POOL

Natixis Advisors LLC decreased its position in shares of Pool Corporation (NASDAQ:POOL) by 4.2% during the fourth quarter, according to its most recent filing with the SEC. The firm owned 63,965 shares of the specialty retailer’s stock after selling 2,833 shares during the period. Natixis Advisors LLC owned about 0.17% of Pool worth $14,632,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently made changes to their positions in the company. CYBER HORNET ETFs LLC purchased a new position in shares of Pool during the 2nd quarter worth approximately $30,000. MUFG Securities EMEA plc purchased a new position in shares of Pool during the 2nd quarter worth approximately $33,000. Clearstead Advisors LLC grew its holdings in shares of Pool by 100.0% during the 4th quarter. Clearstead Advisors LLC now owns 122 shares of the specialty retailer’s stock worth $28,000 after acquiring an additional 61 shares during the period. Private Trust Co. NA grew its holdings in shares of Pool by 78.6% during the 4th quarter. Private Trust Co. NA now owns 125 shares of the specialty retailer’s stock worth $29,000 after acquiring an additional 55 shares during the period. Finally, Allworth Financial LP grew its holdings in shares of Pool by 133.3% during the 3rd quarter. Allworth Financial LP now owns 126 shares of the specialty retailer’s stock worth $39,000 after acquiring an additional 72 shares during the period. Hedge funds and other institutional investors own 98.99% of the company’s stock.

Analysts Set New Price Targets

A number of research analysts have weighed in on the company. Weiss Ratings downgraded Pool from a “hold (c-)” rating to a “sell (d+)” rating in a report on Thursday, May 14th. Deutsche Bank Aktiengesellschaft set a $246.00 target price on Pool in a report on Friday, February 20th. Stifel Nicolaus reduced their target price on Pool from $240.00 to $210.00 and set a “hold” rating on the stock in a report on Monday, May 11th. Robert W. Baird reduced their target price on Pool from $320.00 to $300.00 and set an “outperform” rating on the stock in a report on Friday, February 20th. Finally, Zacks Research upgraded Pool from a “strong sell” rating to a “hold” rating in a report on Monday, April 27th. Four analysts have rated the stock with a Buy rating, six have given a Hold rating and two have given a Sell rating to the stock. According to MarketBeat, Pool has a consensus rating of “Hold” and an average price target of $261.38.

Insiders Place Their Bets

In other Pool news, Director John E. Stokely acquired 1,000 shares of the stock in a transaction that occurred on Thursday, May 7th. The shares were acquired at an average cost of $193.06 per share, with a total value of $193,060.00. Following the transaction, the director owned 16,230 shares of the company’s stock, valued at $3,133,363.80. The trade was a 6.57% increase in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. Also, Director De La Mesa Manuel J. Perez acquired 10,000 shares of the stock in a transaction that occurred on Wednesday, May 13th. The stock was acquired at an average cost of $175.95 per share, for a total transaction of $1,759,500.00. Following the completion of the transaction, the director directly owned 40,108 shares in the company, valued at $7,057,002.60. This represents a 33.21% increase in their position. Additional details regarding this purchase are available in the official SEC disclosure. Over the last 90 days, insiders acquired 26,989 shares of company stock valued at $5,067,747. Insiders own 3.00% of the company’s stock.

Pool Stock Performance

Pool stock opened at $185.52 on Friday. The company has a quick ratio of 0.55, a current ratio of 1.87 and a debt-to-equity ratio of 1.09. The company has a market capitalization of $6.76 billion, a P/E ratio of 17.07, a PEG ratio of 2.35 and a beta of 1.10. The stock’s 50 day moving average is $199.52 and its 200 day moving average is $224.79. Pool Corporation has a twelve month low of $172.68 and a twelve month high of $345.00.

Pool (NASDAQ:POOL) last posted its quarterly earnings results on Thursday, April 23rd. The specialty retailer reported $1.43 earnings per share for the quarter, topping the consensus estimate of $1.34 by $0.09. The company had revenue of $1.14 billion for the quarter, compared to the consensus estimate of $1.82 billion. Pool had a return on equity of 32.37% and a net margin of 7.57%.The firm’s quarterly revenue was up 6.2% compared to the same quarter last year. During the same quarter in the prior year, the business posted $1.32 EPS. Pool has set its FY 2026 guidance at 10.870-11.170 EPS. On average, equities research analysts predict that Pool Corporation will post 11.08 earnings per share for the current fiscal year.

Pool Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, May 28th. Investors of record on Thursday, May 14th were given a $1.30 dividend. This is a boost from Pool’s previous quarterly dividend of $1.25. The ex-dividend date of this dividend was Thursday, May 14th. This represents a $5.20 annualized dividend and a yield of 2.8%. Pool’s payout ratio is currently 47.84%.

Pool declared that its board has initiated a stock repurchase plan on Wednesday, April 29th that allows the company to repurchase $600.00 million in outstanding shares. This repurchase authorization allows the specialty retailer to repurchase up to 7.8% of its shares through open market purchases. Shares repurchase plans are generally a sign that the company’s management believes its stock is undervalued.

Pool News Roundup

Here are the key news stories impacting Pool this week:

• Positive Sentiment: Recent coverage highlighted Pool Corporation as a leader in pool distributors, which may reinforce the company’s long-term competitive positioning and brand strength. What Makes Pool Corporation (POOL) a Leader in Pool Distributors?
• Neutral Sentiment: An additional write-up repeated the same “leader in pool distributors” theme, but it appears to be a commentary piece rather than a new market-moving development. What Makes Pool Corporation (POOL) a Leader in Pool Distributors?
• Neutral Sentiment: The remaining headlines mentioning “pool” were unrelated to Pool Corporation, focusing on the Lincoln Memorial reflecting pool and political commentary, so they should not materially affect POOL shares.

Pool Profile

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.