Pool Corporation $POOL Shares Bought by Jefferies Financial Group Inc.

Jefferies Financial Group Inc. grew its holdings in shares of Pool Corporation (NASDAQ:POOL) by 56.0% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 4,200 shares of the specialty retailer’s stock after buying an additional 1,507 shares during the quarter. Jefferies Financial Group Inc.’s holdings in Pool were worth $1,224,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Massachusetts Financial Services Co. MA boosted its stake in Pool by 35.3% during the 2nd quarter. Massachusetts Financial Services Co. MA now owns 616,041 shares of the specialty retailer’s stock valued at $179,564,000 after acquiring an additional 160,878 shares during the last quarter. SG Americas Securities LLC lifted its position in shares of Pool by 1,201.2% during the second quarter. SG Americas Securities LLC now owns 90,211 shares of the specialty retailer’s stock worth $26,295,000 after purchasing an additional 83,278 shares during the last quarter. William Blair Investment Management LLC lifted its position in shares of Pool by 13.9% during the second quarter. William Blair Investment Management LLC now owns 586,310 shares of the specialty retailer’s stock worth $170,898,000 after purchasing an additional 71,373 shares during the last quarter. Kayne Anderson Rudnick Investment Management LLC grew its stake in Pool by 2.3% in the first quarter. Kayne Anderson Rudnick Investment Management LLC now owns 2,250,422 shares of the specialty retailer’s stock worth $716,422,000 after purchasing an additional 50,566 shares in the last quarter. Finally, JPMorgan Chase & Co. increased its holdings in Pool by 3.6% in the first quarter. JPMorgan Chase & Co. now owns 1,284,918 shares of the specialty retailer’s stock valued at $409,054,000 after buying an additional 44,897 shares during the last quarter. Institutional investors own 98.99% of the company’s stock.

Analyst Ratings Changes

A number of research analysts have commented on the company. William Blair reaffirmed a “market perform” rating on shares of Pool in a report on Wednesday, October 15th. KeyCorp started coverage on Pool in a research note on Tuesday, September 30th. They set a “sector weight” rating on the stock. The Goldman Sachs Group set a $360.00 target price on shares of Pool and gave the company a “buy” rating in a research note on Thursday, October 23rd. Weiss Ratings reissued a “sell (d+)” rating on shares of Pool in a report on Tuesday. Finally, Robert W. Baird set a $345.00 price target on shares of Pool in a report on Friday, October 24th. Three equities research analysts have rated the stock with a Buy rating, seven have assigned a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat.com, Pool has a consensus rating of “Hold” and a consensus target price of $337.86.

Pool Stock Performance

POOL stock opened at $244.27 on Thursday. Pool Corporation has a 1 year low of $229.63 and a 1 year high of $385.34. The stock has a market capitalization of $9.10 billion, a price-to-earnings ratio of 22.27, a PEG ratio of 3.94 and a beta of 1.12. The company has a debt-to-equity ratio of 0.76, a quick ratio of 0.87 and a current ratio of 2.57. The stock’s fifty day moving average is $280.25 and its two-hundred day moving average is $298.68.

Pool (NASDAQ:POOL) last released its quarterly earnings data on Thursday, October 23rd. The specialty retailer reported $3.39 earnings per share for the quarter, topping analysts’ consensus estimates of $3.38 by $0.01. The business had revenue of $1.45 billion for 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 company’s revenue for the quarter was up 1.3% compared to the same quarter last year. During the same quarter last year, the company earned $3.26 EPS. Pool has set its FY 2025 guidance at 10.700-11.200 EPS. On average, research analysts predict that Pool Corporation will post 11.32 EPS for the current year.

Pool Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Wednesday, November 26th. Stockholders of record on Wednesday, November 12th were issued a dividend of $1.25 per share. This represents a $5.00 dividend on an annualized basis and a dividend yield of 2.0%. The ex-dividend date of this dividend was Wednesday, November 12th. Pool’s payout ratio is 45.58%.

Pool Company 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.