Pool Corporation $POOL Shares Purchased by Deprince Race & Zollo Inc.

Deprince Race & Zollo Inc. grew its holdings in shares of Pool Corporation (NASDAQ:POOL) by 43.9% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 40,719 shares of the specialty retailer’s stock after purchasing an additional 12,424 shares during the quarter. Deprince Race & Zollo Inc. owned approximately 0.11% of Pool worth $12,626,000 at the end of the most recent quarter.

Other large investors have also modified their holdings of the company. Clearstead Trust LLC acquired a new stake in Pool in the 2nd quarter valued at about $25,000. Chilton Capital Management LLC purchased a new stake in shares of Pool in the second quarter valued at approximately $30,000. CYBER HORNET ETFs LLC acquired a new stake in shares of Pool in the second quarter valued at approximately $30,000. MUFG Securities EMEA plc acquired a new stake in shares of Pool in the second quarter valued at approximately $33,000. Finally, Mid American Wealth Advisory Group Inc. purchased a new position in Pool during the second quarter worth approximately $34,000. Hedge funds and other institutional investors own 98.99% of the company’s stock.

Analyst Ratings Changes

POOL has been the topic of a number of recent research reports. The Goldman Sachs Group set a $360.00 price objective on Pool and gave the stock a “buy” rating in a research note on Thursday, October 23rd. Weiss Ratings reissued a “sell (d+)” rating on shares of Pool in a research report on Monday, December 22nd. KeyCorp started coverage on shares of Pool in a research note on Tuesday, September 30th. They set a “sector weight” rating on the stock. Wells Fargo & Company decreased their target price on shares of Pool from $320.00 to $250.00 and set an “equal weight” rating on the stock in a report on Monday, December 15th. Finally, Stifel Nicolaus cut their price target on shares of Pool from $295.00 to $240.00 and set a “hold” rating for the company in a report on Tuesday, December 16th. Four analysts have rated the stock with a Buy rating, seven have assigned a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock has an average rating of “Hold” and a consensus price target of $317.38.

Pool Price Performance

Pool stock opened at $232.49 on Monday. The company’s 50 day simple moving average is $250.99 and its 200-day simple moving average is $287.99. The company has a debt-to-equity ratio of 0.76, a quick ratio of 0.87 and a current ratio of 2.57. Pool Corporation has a 1 year low of $228.51 and a 1 year high of $374.74. The company has a market capitalization of $8.66 billion, a price-to-earnings ratio of 21.19, a price-to-earnings-growth ratio of 4.36 and a beta of 1.23.

Pool (NASDAQ:POOL) last posted its earnings results 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 firm had revenue of $1.45 billion during 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 firm’s revenue for the quarter was up 1.3% on a year-over-year basis. During the same quarter last year, the firm earned $3.26 EPS. Pool has set its FY 2025 guidance at 10.700-11.200 EPS. As a group, equities research analysts expect that Pool Corporation will post 11.32 earnings per share for the current year.

Pool Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, November 26th. Investors of record on Wednesday, November 12th were issued a $1.25 dividend. This represents a $5.00 annualized dividend and a dividend yield of 2.2%. The ex-dividend date was Wednesday, November 12th. Pool’s payout ratio is currently 45.58%.

Pool Company Profile

Pool Corporation is a leading wholesale distributor of swimming pool supplies, equipment, and related outdoor living products. Headquartered in Covington, Louisiana, the company serves a diverse customer base that includes service professionals, independent retailers, high-volume builders, and national retail chains. Pool Corporation’s extensive branch network enables it to maintain strong local customer relationships while leveraging its scale to source products efficiently from manufacturers around the world.

The company’s product portfolio spans pool and spa chemicals, water treatment equipment, pumps, filters, heaters, automation and control systems, liners, safety covers, and cleaning accessories.