Pool Corporation $POOL Stock Holdings Increased by Fjarde AP Fonden Fourth Swedish National Pension Fund

Fjarde AP Fonden Fourth Swedish National Pension Fund lifted its stake in Pool Corporation (NASDAQ:POOL) by 14.6% in the second quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 10,198 shares of the specialty retailer’s stock after purchasing an additional 1,300 shares during the quarter. Fjarde AP Fonden Fourth Swedish National Pension Fund’s holdings in Pool were worth $2,973,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other large investors have also made changes to their positions in the company. Teacher Retirement System of Texas grew its stake in shares of Pool by 3.0% in the 2nd quarter. Teacher Retirement System of Texas now owns 5,732 shares of the specialty retailer’s stock valued at $1,671,000 after buying an additional 167 shares in the last quarter. Ashton Thomas Private Wealth LLC grew its stake in shares of Pool by 21.4% in the 2nd quarter. Ashton Thomas Private Wealth LLC now owns 1,604 shares of the specialty retailer’s stock valued at $467,000 after buying an additional 283 shares in the last quarter. Envestnet Asset Management Inc. grew its stake in shares of Pool by 2.3% in the 2nd quarter. Envestnet Asset Management Inc. now owns 437,139 shares of the specialty retailer’s stock valued at $127,417,000 after buying an additional 9,961 shares in the last quarter. Chilton Capital Management LLC bought a new stake in shares of Pool in the 2nd quarter valued at approximately $30,000. Finally, Nisa Investment Advisors LLC grew its stake in shares of Pool by 1.4% in the 2nd quarter. Nisa Investment Advisors LLC now owns 18,441 shares of the specialty retailer’s stock valued at $5,375,000 after buying an additional 254 shares in the last quarter. Institutional investors own 98.99% of the company’s stock.

Analyst Upgrades and Downgrades

Several brokerages recently commented on POOL. The Goldman Sachs Group set a $360.00 price target on Pool and gave the company a “buy” rating in a research note on Thursday, October 23rd. Wells Fargo & Company boosted their price target on Pool from $300.00 to $320.00 and gave the company an “equal weight” rating in a research note on Tuesday, July 8th. KeyCorp began coverage on Pool in a research note on Tuesday, September 30th. They issued a “sector weight” rating for the company. Oppenheimer boosted their price target on Pool from $322.00 to $346.00 and gave the company an “outperform” rating in a research note on Tuesday, July 29th. Finally, William Blair reaffirmed a “market perform” rating on shares of Pool in a research report on Wednesday, October 15th. Three equities research analysts have rated the stock with a Buy rating and eight have issued a Hold rating to the company. According to data from MarketBeat.com, Pool has a consensus rating of “Hold” and an average target price of $337.86.

Pool Trading Down 2.2%

Shares of POOL stock opened at $277.20 on Friday. Pool Corporation has a 12 month low of $276.49 and a 12 month high of $395.60. The company has a quick ratio of 0.87, a current ratio of 2.57 and a debt-to-equity ratio of 0.76. The business’s 50 day moving average is $308.18 and its two-hundred day moving average is $305.78. The company has a market cap of $10.34 billion, a PE ratio of 25.27, a price-to-earnings-growth ratio of 3.94 and a beta of 1.11.

Pool (NASDAQ:POOL) last announced its quarterly earnings results on Thursday, October 23rd. The specialty retailer reported $3.39 EPS for the quarter, beating the consensus estimate of $3.38 by $0.01. Pool had a return on equity of 31.40% and a net margin of 7.77%.The company had revenue of $1.45 billion for the quarter, compared to the consensus estimate of $1.46 billion. During the same quarter last year, the company posted $3.26 earnings per share. The company’s revenue for the quarter was up 1.3% compared to the same quarter last year. Pool has set its FY 2025 guidance at 10.700-11.200 EPS. Equities analysts predict that Pool Corporation will post 11.32 EPS for the current year.

Pool Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, November 26th. Stockholders of record on Wednesday, November 12th will be paid a $1.25 dividend. The ex-dividend date is Wednesday, November 12th. This represents a $5.00 annualized dividend and a dividend yield of 1.8%. Pool’s dividend payout ratio (DPR) is presently 45.58%.

About Pool

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.