Pool Corporation (NASDAQ:POOL) Stock Rated “Hold” by Wall Street Brokerages

Shares of Pool Corporation (NASDAQ:POOL) have earned a consensus rating of “Hold” from the twelve research firms that are covering the company, MarketBeat Ratings reports. Two investment analysts have rated the stock with a sell rating, five have issued a hold rating and five have given a buy rating to the company. The average 12 month price target among brokers that have updated their coverage on the stock in the last year is $230.10.

A number of research analysts have commented on POOL shares. Wells Fargo & Company cut their target price on shares of Pool from $215.00 to $185.00 and set an “equal weight” rating on the stock in a research report on Friday, September 11th. DA Davidson assumed coverage on shares of Pool in a research note on Monday, August 24th. They set a “neutral” rating and a $210.00 price objective on the stock. Stifel Nicolaus cut their price objective on shares of Pool from $235.00 to $189.00 and set a “hold” rating on the stock in a report on Friday, July 24th. Weiss Ratings reissued a “sell (d+)” rating on shares of Pool in a research note on Tuesday, August 11th. Finally, Oppenheimer lowered their target price on Pool from $280.00 to $227.00 and set an “outperform” rating for the company in a report on Friday, July 24th.

Institutional Investors Weigh In On Pool

Several institutional investors and hedge funds have recently made changes to their positions in the stock. BlackRock Inc. acquired a new stake in shares of Pool during the 2nd quarter worth approximately $866,576,000. T. Rowe Price Investment Management Inc. increased its holdings in shares of Pool by 3,831.9% during the 4th quarter. T. Rowe Price Investment Management Inc. now owns 2,001,987 shares of the specialty retailer’s stock valued at $457,955,000 after purchasing an additional 1,951,070 shares in the last quarter. Bank of New York Mellon Corp acquired a new position in shares of Pool in the 2nd quarter valued at $148,216,000. Corient Private Wealth LP purchased a new stake in Pool during the second quarter worth $93,011,000. Finally, Norges Bank purchased a new stake in Pool during the fourth quarter worth $97,612,000. 98.99% of the stock is currently owned by institutional investors and hedge funds.

Pool News Roundup

Here are the key news stories impacting Pool this week:

• Positive Sentiment: Leslie’s store closures could reduce competitive pressure and create opportunities for Pool Corporation to capture customers or gain market share, particularly in affected California markets. Pool supply chain Leslie’s shutters dozens of California stores in bankruptcy restructuring
• Neutral Sentiment: The other listed reports concern the Lincoln Memorial Reflecting Pool, Dubai’s AI competition, or unrelated companies’ employee share programs. They do not involve Pool Corporation or provide meaningful information about its earnings, operations, or outlook.
• Negative Sentiment: Leslie’s Chapter 11 filing and widespread store closures may also signal financial stress or softer demand in the pool-maintenance and equipment market, creating a cautionary read-through for industry conditions despite the potential competitive benefit to Pool Corporation.

Pool Stock Performance

POOL opened at $158.14 on Friday. The company has a 50 day simple moving average of $180.13 and a two-hundred day simple moving average of $193.12. The company has a debt-to-equity ratio of 1.05, a current ratio of 2.67 and a quick ratio of 0.91. The firm has a market cap of $5.75 billion, a P/E ratio of 14.55, a PEG ratio of 2.08 and a beta of 1.05. Pool has a 1-year low of $152.70 and a 1-year high of $305.63.

Pool (NASDAQ:POOL) last issued its earnings results on Thursday, July 23rd. The specialty retailer reported $5.38 earnings per share (EPS) for the quarter, beating the consensus estimate of $5.33 by $0.05. Pool had a return on equity of 32.74% and a net margin of 7.40%.The company had revenue of $1.82 billion for the quarter, compared to the consensus estimate of $1.82 billion. During the same quarter last year, the company earned $5.17 EPS. The firm’s quarterly revenue was up 2.2% on a year-over-year basis. Pool has set its FY 2026 guidance at 10.660-10.960 EPS. Equities analysts forecast that Pool will post 10.95 earnings per share for the current fiscal year.

Pool Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, August 27th. Stockholders of record on Thursday, August 13th were issued a dividend of $1.30 per share. This represents a $5.20 annualized dividend and a dividend yield of 3.3%. The ex-dividend date was Thursday, August 13th. Pool’s dividend payout ratio is currently 47.84%.

Pool Company Profile

Pool Corporation (NASDAQ:POOL) is a distributor of swimming pool supplies, equipment and related products. The company serves professional pool contractors, retailers, builders and service providers, supplying products used to build, renovate, maintain and repair residential and commercial pools.

Its product offerings include pool chemicals, pumps, filters, heaters, cleaners, lighting, replacement parts and safety equipment. Pool also distributes products related to irrigation, landscaping and outdoor living, including patio and recreational products that complement pool installations and backyard projects.

Founded in 1993 and headquartered in Covington, Louisiana, Pool Corporation serves customers through a network of distribution centers and sales locations across North America, Europe and Australia.