Banco Bilbao Vizcaya Argentaria S.A. Reduces Stock Holdings in Pool Corporation $POOL

Banco Bilbao Vizcaya Argentaria S.A. lessened its position in shares of Pool Corporation (NASDAQ:POOL) by 26.5% during the 2nd quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 2,418 shares of the specialty retailer’s stock after selling 871 shares during the quarter. Banco Bilbao Vizcaya Argentaria S.A.’s holdings in Pool were worth $696,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently modified their holdings of POOL. Clearstead Trust LLC purchased a new position in Pool during the second quarter worth about $25,000. Chilton Capital Management LLC acquired a new position in shares of Pool in the second quarter valued at approximately $30,000. Mid American Wealth Advisory Group Inc. purchased a new stake in Pool during the 2nd quarter worth approximately $34,000. Brooklyn Investment Group boosted its holdings in Pool by 53.1% in the first quarter. Brooklyn Investment Group now owns 147 shares of the specialty retailer’s stock valued at $47,000 after purchasing an additional 51 shares during the period. Finally, WPG Advisers LLC purchased a new stake in shares of Pool during the first quarter worth approximately $49,000. 98.99% of the stock is owned by institutional investors and hedge funds.

Pool Trading Up 1.0%

NASDAQ POOL opened at $240.24 on Wednesday. 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 has a 50-day moving average price of $290.70 and a 200 day moving average price of $301.29. The stock has a market capitalization of $8.95 billion, a P/E ratio of 21.90, a P/E/G ratio of 3.94 and a beta of 1.13. Pool Corporation has a 52-week low of $233.06 and a 52-week high of $395.60.

Pool (NASDAQ:POOL) last released its quarterly earnings data on Thursday, October 23rd. The specialty retailer reported $3.39 earnings per share (EPS) for the quarter, topping 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 firm had revenue of $1.45 billion during the quarter, compared to analysts’ expectations of $1.46 billion. During the same quarter in the prior year, the business posted $3.26 earnings per share. Pool’s revenue 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 research analysts expect that Pool Corporation will post 11.32 EPS for the current year.

Pool Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, November 26th. Investors 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 2.1%. Pool’s dividend payout ratio (DPR) is 45.58%.

Analyst Upgrades and Downgrades

A number of brokerages recently issued reports on POOL. KeyCorp assumed coverage on shares of Pool in a research note on Tuesday, September 30th. They issued a “sector weight” rating for the company. Weiss Ratings reiterated a “sell (d+)” rating on shares of Pool in a research note on Thursday, November 13th. Wall Street Zen raised shares of Pool from a “sell” rating to a “hold” rating in a report on Saturday, July 26th. Guggenheim began coverage on shares of Pool in a report on Wednesday, October 8th. They issued a “neutral” rating for the company. Finally, Oppenheimer increased their target price on shares of Pool from $322.00 to $346.00 and gave the company an “outperform” rating in a research report on Tuesday, July 29th. Three investment analysts have rated the stock with a Buy rating, seven have given a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat, the company currently has an average rating of “Hold” and an average target price of $337.86.

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.