Pool Corporation $POOL Shares Purchased by Achmea Investment Management B.V.

Achmea Investment Management B.V. grew its stake in shares of Pool Corporation (NASDAQ:POOL) by 37.5% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 4,480 shares of the specialty retailer’s stock after acquiring an additional 1,221 shares during the period. Achmea Investment Management B.V.’s holdings in Pool were worth $1,305,000 at the end of the most recent quarter.

A number of other institutional investors have also modified their holdings of POOL. Chilton Capital Management LLC acquired a new position in shares of Pool in the 2nd quarter worth approximately $30,000. Mid American Wealth Advisory Group Inc. acquired a new position in Pool in the second quarter worth $34,000. Brooklyn Investment Group lifted its position in shares of Pool by 53.1% in the 1st quarter. Brooklyn Investment Group now owns 147 shares of the specialty retailer’s stock worth $47,000 after buying an additional 51 shares during the last quarter. WPG Advisers LLC acquired a new position in shares of Pool in the 1st quarter valued at about $49,000. Finally, Steph & Co. acquired a new position in shares of Pool in the 2nd quarter valued at about $49,000. Institutional investors and hedge funds own 98.99% of the company’s stock.

Analyst Upgrades and Downgrades

A number of equities analysts have issued reports on the stock. Robert W. Baird set a $345.00 target price on shares of Pool in a report on Friday, October 24th. Weiss Ratings restated a “hold (c-)” rating on shares of Pool in a research note on Wednesday, October 8th. Guggenheim started coverage on shares of Pool in a research report on Wednesday, October 8th. They set a “neutral” rating for the company. KeyCorp started coverage on shares of Pool in a report on Tuesday, September 30th. They issued a “sector weight” rating on the stock. Finally, 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. Three equities research analysts have rated the stock with a Buy rating and eight have given a Hold rating to the company’s stock. According to data from MarketBeat.com, Pool has a consensus rating of “Hold” and a consensus target price of $337.86.

Pool Stock Up 1.5%

Shares of POOL stock opened at $252.01 on Friday. Pool Corporation has a 1 year low of $242.10 and a 1 year high of $395.60. 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 business’s fifty day moving average is $300.80 and its 200-day moving average is $303.76. The stock has a market cap of $9.39 billion, a PE ratio of 22.97, a price-to-earnings-growth ratio of 3.94 and a beta of 1.12.

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

Pool Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, November 26th. Shareholders of record on Wednesday, November 12th will be given a $1.25 dividend. The ex-dividend date is Wednesday, November 12th. This represents a $5.00 annualized dividend and a yield of 2.0%. 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.