Pool Corporation $POOL Position Lowered by MassMutual Private Wealth & Trust FSB

MassMutual Private Wealth & Trust FSB decreased its stake in shares of Pool Corporation (NASDAQ:POOL) by 16.2% during the 2nd quarter, according to its most recent Form 13F filing with the SEC. The fund owned 186 shares of the specialty retailer’s stock after selling 36 shares during the period. MassMutual Private Wealth & Trust FSB’s holdings in Pool were worth $54,000 as of its most recent filing with the SEC.

Several other large investors have also modified their holdings of the stock. Mawer Investment Management Ltd. bought a new position in Pool in the first quarter worth about $168,735,000. Massachusetts Financial Services Co. MA bought a new position in Pool in the first quarter worth about $144,901,000. GAMMA Investing LLC lifted its holdings in Pool by 33,549.5% in the first quarter. GAMMA Investing LLC now owns 259,774 shares of the specialty retailer’s stock worth $82,699,000 after acquiring an additional 259,002 shares during the last quarter. Kayne Anderson Rudnick Investment Management LLC lifted its holdings 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 acquiring an additional 50,566 shares during the last quarter. Finally, JPMorgan Chase & Co. lifted 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 worth $409,054,000 after acquiring an additional 44,897 shares during the last quarter. Institutional investors own 98.99% of the company’s stock.

Pool Trading Down 2.2%

Pool stock opened at $317.92 on Friday. The company has a debt-to-equity ratio of 0.93, a quick ratio of 0.87 and a current ratio of 2.52. The firm has a market cap of $11.86 billion, a price-to-earnings ratio of 29.33, a price-to-earnings-growth ratio of 4.41 and a beta of 1.08. Pool Corporation has a 1 year low of $282.22 and a 1 year high of $395.60. The firm’s 50 day moving average price is $315.34 and its two-hundred day moving average price is $310.50.

Pool (NASDAQ:POOL) last posted its quarterly earnings results on Thursday, July 24th. The specialty retailer reported $5.17 earnings per share (EPS) for the quarter, topping the consensus estimate of $5.12 by $0.05. The firm had revenue of $1.78 billion for the quarter, compared to analyst estimates of $1.79 billion. Pool had a net margin of 7.79% and a return on equity of 30.99%. The firm’s quarterly revenue was up .9% compared to the same quarter last year. During the same quarter in the previous year, the business posted $4.99 earnings per share. 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 fiscal year.

Pool Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Thursday, August 28th. Investors of record on Thursday, August 14th were paid a $1.25 dividend. The ex-dividend date of this dividend was Thursday, August 14th. This represents a $5.00 dividend on an annualized basis and a yield of 1.6%. Pool’s dividend payout ratio (DPR) is currently 46.13%.

Analysts Set New Price Targets

A number of equities analysts have issued reports on POOL shares. Oppenheimer raised their target price on shares of Pool from $322.00 to $346.00 and gave the stock an “outperform” rating in a report on Tuesday, July 29th. Wall Street Zen raised shares of Pool from a “sell” rating to a “hold” rating in a report on Saturday, July 26th. Robert W. Baird raised their target price on shares of Pool from $310.00 to $340.00 and gave the stock a “neutral” rating in a report on Friday, July 25th. Finally, Wells Fargo & Company raised their price target on shares of Pool from $300.00 to $320.00 and gave the company an “equal weight” rating in a research note on Tuesday, July 8th. Two research analysts have rated the stock with a Buy rating and five have assigned a Hold rating to the company. Based on data from MarketBeat, the company has a consensus rating of “Hold” and a consensus price target of $342.14.

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.