Pool Corporation (NASDAQ:POOL) Receives Average Recommendation of “Hold” from Analysts

Pool Corporation (NASDAQ:POOL) has received an average recommendation of “Hold” from the twelve brokerages that are presently covering the stock, Marketbeat Ratings reports. One research analyst has rated the stock with a sell recommendation, seven have given a hold recommendation and four have assigned a buy recommendation to the company. The average twelve-month price target among brokers that have covered the stock in the last year is $317.3750.

Several analysts have recently issued reports on the company. Weiss Ratings reiterated a “sell (d+)” rating on shares of Pool in a research note on Monday. KeyCorp started coverage on Pool in a report on Tuesday, September 30th. They issued a “sector weight” rating for the company. The Goldman Sachs Group set a $360.00 price target on Pool and gave the company a “buy” rating in a report on Thursday, October 23rd. William Blair restated a “market perform” rating on shares of Pool in a research note on Wednesday, October 15th. Finally, Wells Fargo & Company decreased their price objective on shares of Pool from $320.00 to $250.00 and set an “equal weight” rating for the company in a report on Monday, December 15th.

Hedge Funds Weigh In On Pool

Large investors have recently made changes to their positions in the business. Berkshire Hathaway Inc grew its holdings in Pool by 136.3% in the 2nd quarter. Berkshire Hathaway Inc now owns 3,458,885 shares of the specialty retailer’s stock valued at $1,008,196,000 after buying an additional 1,994,885 shares during the last quarter. Wellington Management Group LLP grew its stake in shares of Pool by 16.2% in the third quarter. Wellington Management Group LLP now owns 2,563,373 shares of the specialty retailer’s stock worth $794,825,000 after acquiring an additional 357,643 shares during the last quarter. Invesco Ltd. increased its position in 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 acquiring an additional 70,075 shares during the period. Massachusetts Financial Services Co. MA raised its stake in Pool by 35.3% during the 2nd quarter. Massachusetts Financial Services Co. MA now owns 616,041 shares of the specialty retailer’s stock valued at $179,564,000 after purchasing an additional 160,878 shares during the last quarter. Finally, William Blair Investment Management LLC boosted its holdings in Pool by 13.9% in the 2nd quarter. William Blair Investment Management LLC now owns 586,310 shares of the specialty retailer’s stock valued at $170,898,000 after purchasing an additional 71,373 shares during the period. Institutional investors and hedge funds own 98.99% of the company’s stock.

Pool Stock Performance

Shares of POOL opened at $231.07 on Wednesday. The company’s fifty day moving average is $248.27 and its 200-day moving average is $287.12. Pool has a 12 month low of $227.40 and a 12 month high of $374.74. The firm has a market cap of $8.61 billion, a price-to-earnings ratio of 21.06, a price-to-earnings-growth ratio of 4.30 and a beta of 1.23. The company has a quick ratio of 0.87, a current ratio of 2.57 and a debt-to-equity ratio of 0.76.

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, 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 net margin of 7.77% and a return on equity of 31.40%. Pool’s quarterly revenue was up 1.3% compared to the same quarter last year. During the same quarter in the previous year, the business earned $3.26 EPS. Pool has set its FY 2025 guidance at 10.700-11.200 EPS. Equities analysts expect that Pool will post 11.32 EPS for the current fiscal year.

Pool Dividend Announcement

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

About Pool

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.