Pool Corporation $POOL Shares Bought by Amundi

Amundi raised its holdings in shares of Pool Corporation (NASDAQ:POOL) by 10.5% in the second quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 149,391 shares of the specialty retailer’s stock after buying an additional 14,200 shares during the period. Amundi owned about 0.40% of Pool worth $45,216,000 as of its most recent SEC filing.

Other hedge funds have also recently added to or reduced their stakes in the company. Baird Financial Group Inc. boosted its stake in shares of Pool by 7.2% during the 2nd quarter. Baird Financial Group Inc. now owns 33,025 shares of the specialty retailer’s stock worth $9,626,000 after acquiring an additional 2,206 shares in the last quarter. Invesco Ltd. raised its position in shares of Pool by 11.1% during the second quarter. Invesco Ltd. now owns 699,628 shares of the specialty retailer’s stock worth $203,928,000 after purchasing an additional 70,075 shares during the period. CW Advisors LLC lifted its holdings in shares of Pool by 5.8% during the second quarter. CW Advisors LLC now owns 10,027 shares of the specialty retailer’s stock valued at $2,923,000 after purchasing an additional 554 shares during the last quarter. Arrowstreet Capital Limited Partnership boosted its position in shares of Pool by 374.9% in the 2nd quarter. Arrowstreet Capital Limited Partnership now owns 12,880 shares of the specialty retailer’s stock valued at $3,754,000 after purchasing an additional 10,168 shares during the period. Finally, Westerkirk Capital Inc. acquired a new position in shares of Pool in the 2nd quarter valued at $780,000. Institutional investors and hedge funds own 98.99% of the company’s stock.

Pool Stock Down 1.5%

POOL opened at $233.31 on Wednesday. Pool Corporation has a twelve month low of $229.63 and a twelve month high of $380.29. The firm has a market cap of $8.69 billion, a P/E ratio of 21.27, a price-to-earnings-growth ratio of 4.44 and a beta of 1.23. 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 has a 50 day moving average price of $267.53 and a 200 day moving average price of $294.12.

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

Pool Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Wednesday, November 26th. Investors of record on Wednesday, November 12th were paid a dividend of $1.25 per share. This represents a $5.00 annualized dividend and a yield of 2.1%. The ex-dividend date was Wednesday, November 12th. Pool’s dividend payout ratio is presently 45.58%.

Analyst Upgrades and Downgrades

POOL has been the topic of several recent analyst reports. Robert W. Baird set a $345.00 price objective on Pool in a report on Friday, October 24th. KeyCorp assumed coverage on shares of Pool in a report on Tuesday, September 30th. They set a “sector weight” rating on the stock. Weiss Ratings reaffirmed a “sell (d+)” rating on shares of Pool in a research note on Monday, December 1st. William Blair reiterated a “market perform” rating on shares of Pool in a research report on Wednesday, October 15th. Finally, Guggenheim assumed coverage on shares of Pool in a research note on Wednesday, October 8th. They set a “neutral” rating on the stock. Three analysts have rated the stock with a Buy rating, seven have issued a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat, the company presently has an average rating of “Hold” and a consensus target price of $337.86.

Pool 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.