Stance Capital LLC Makes New $947,000 Investment in Pool Corporation $POOL

Stance Capital LLC purchased a new stake in Pool Corporation (NASDAQ:POOL) during the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm purchased 3,250 shares of the specialty retailer’s stock, valued at approximately $947,000.

Several other hedge funds and other institutional investors also recently modified their holdings of POOL. Public Sector Pension Investment Board raised its stake in Pool by 8.9% in the first quarter. Public Sector Pension Investment Board now owns 5,191 shares of the specialty retailer’s stock valued at $1,653,000 after purchasing an additional 426 shares in the last quarter. Russell Investments Group Ltd. increased its holdings in shares of Pool by 0.6% in the 1st quarter. Russell Investments Group Ltd. now owns 34,946 shares of the specialty retailer’s stock worth $11,114,000 after buying an additional 202 shares during the last quarter. Fjarde AP Fonden Fourth Swedish National Pension Fund raised its position in shares of Pool by 12.7% during the 1st quarter. Fjarde AP Fonden Fourth Swedish National Pension Fund now owns 8,898 shares of the specialty retailer’s stock valued at $2,833,000 after buying an additional 1,000 shares in the last quarter. Aberdeen Group plc raised its position in shares of Pool by 112.3% during the 1st quarter. Aberdeen Group plc now owns 33,110 shares of the specialty retailer’s stock valued at $10,427,000 after buying an additional 17,515 shares in the last quarter. Finally, Raymond James Financial Inc. lifted its holdings in shares of Pool by 3.3% during the 1st quarter. Raymond James Financial Inc. now owns 353,832 shares of the specialty retailer’s stock worth $112,643,000 after acquiring an additional 11,153 shares during the last quarter. Hedge funds and other institutional investors own 98.99% of the company’s stock.

Wall Street Analysts Forecast Growth

POOL has been the topic of a number of research analyst reports. KeyCorp started coverage on Pool in a research note on Tuesday, September 30th. They issued a “sector weight” rating on the stock. Weiss Ratings reiterated a “sell (d+)” rating on shares of Pool in a report on Monday, December 8th. The Goldman Sachs Group set a $360.00 price objective on Pool and gave the company a “buy” rating in a report on Thursday, October 23rd. William Blair reaffirmed a “market perform” rating on shares of Pool in a research note on Wednesday, October 15th. Finally, Robert W. Baird set a $345.00 price target on shares of Pool in a research report on Friday, October 24th. Three analysts have rated the stock with a Buy rating, seven have assigned a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat.com, Pool has a consensus rating of “Hold” and a consensus price target of $337.86.

Pool Stock Performance

NASDAQ:POOL opened at $240.27 on Monday. The company has a debt-to-equity ratio of 0.76, a quick ratio of 0.87 and a current ratio of 2.57. Pool Corporation has a fifty-two week low of $229.63 and a fifty-two week high of $374.74. The firm has a market cap of $8.95 billion, a PE ratio of 21.90, a price-to-earnings-growth ratio of 4.51 and a beta of 1.23. The business has a 50 day moving average price of $263.34 and a 200-day moving average price of $292.84.

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

Pool Dividend Announcement

The company also recently announced 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 2.1%. The ex-dividend date was Wednesday, November 12th. Pool’s dividend payout ratio is currently 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.