Cwm LLC Sells 196 Shares of Pool Corporation $POOL

Cwm LLC lessened its holdings in shares of Pool Corporation (NASDAQ:POOL) by 22.5% in the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 676 shares of the specialty retailer’s stock after selling 196 shares during the quarter. Cwm LLC’s holdings in Pool were worth $197,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also bought and sold shares of POOL. Vanguard Group Inc. boosted its holdings in Pool by 0.3% during the 1st quarter. Vanguard Group Inc. now owns 4,456,246 shares of the specialty retailer’s stock worth $1,418,646,000 after acquiring an additional 12,795 shares during the last quarter. Kayne Anderson Rudnick Investment Management LLC boosted its holdings in Pool by 2.3% during the 1st 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. JPMorgan Chase & Co. boosted its holdings in Pool by 3.6% during the 1st 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. Wellington Management Group LLP boosted its holdings in Pool by 1.1% during the 1st quarter. Wellington Management Group LLP now owns 1,054,066 shares of the specialty retailer’s stock worth $335,562,000 after acquiring an additional 11,552 shares during the last quarter. Finally, Mawer Investment Management Ltd. purchased a new position in Pool during the 1st quarter worth $168,735,000. Institutional investors own 98.99% of the company’s stock.

Analyst Ratings Changes

A number of research firms have issued reports on POOL. The Goldman Sachs Group set a $360.00 price objective on shares of Pool and gave the stock a “buy” rating in a report on Thursday, October 23rd. Guggenheim began coverage on shares of Pool in a report on Wednesday, October 8th. They set a “neutral” rating on the stock. Robert W. Baird set a $345.00 price objective on shares of Pool in a report on Friday. Oppenheimer lifted their price objective on shares of Pool from $322.00 to $346.00 and gave the stock an “outperform” rating in a report on Tuesday, July 29th. Finally, William Blair reissued a “market perform” rating on shares of Pool in a report on Wednesday, October 15th. Three investment analysts have rated the stock with a Buy rating and eight have given a Hold rating to the company. According to MarketBeat, the stock has a consensus rating of “Hold” and an average price target of $337.86.

Pool Price Performance

NASDAQ POOL opened at $286.95 on Wednesday. The company has a market cap of $10.71 billion, a PE ratio of 26.16, a price-to-earnings-growth ratio of 4.09 and a beta of 1.11. Pool Corporation has a 52 week low of $282.22 and a 52 week 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 firm’s 50-day simple moving average is $309.44 and its two-hundred day simple moving average is $306.17.

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

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.