Benjamin Edwards Inc. Buys 2,300 Shares of Pool Corporation $POOL

Benjamin Edwards Inc. increased its position in shares of Pool Corporation (NASDAQ:POOL) by 3.2% in the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 73,246 shares of the specialty retailer’s stock after buying an additional 2,300 shares during the period. Benjamin Edwards Inc. owned 0.20% of Pool worth $22,718,000 at the end of the most recent reporting period.

Other institutional investors have also recently bought and sold shares of the company. Berkshire Hathaway Inc increased its position in shares of Pool by 136.3% in the second quarter. Berkshire Hathaway Inc now owns 3,458,885 shares of the specialty retailer’s stock worth $1,008,196,000 after purchasing an additional 1,994,885 shares during the last quarter. Advisors Capital Management LLC grew its stake in Pool by 8.7% in the 1st quarter. Advisors Capital Management LLC now owns 54,614 shares of the specialty retailer’s stock worth $17,387,000 after buying an additional 4,351 shares in the last quarter. Universal Beteiligungs und Servicegesellschaft mbH increased its holdings in shares of Pool by 224.7% in the 2nd quarter. Universal Beteiligungs und Servicegesellschaft mbH now owns 61,696 shares of the specialty retailer’s stock worth $17,983,000 after buying an additional 42,696 shares during the last quarter. Deprince Race & Zollo Inc. raised its position in shares of Pool by 43.9% during the 3rd quarter. Deprince Race & Zollo Inc. now owns 40,719 shares of the specialty retailer’s stock valued at $12,626,000 after buying an additional 12,424 shares in the last quarter. Finally, Geneva Capital Management LLC lifted its holdings in shares of Pool by 11.1% during the 2nd quarter. Geneva Capital Management LLC now owns 96,966 shares of the specialty retailer’s stock worth $28,264,000 after acquiring an additional 9,673 shares during the last quarter. Institutional investors own 98.99% of the company’s stock.

Pool Price Performance

NASDAQ POOL opened at $237.01 on Thursday. Pool Corporation has a one year low of $226.10 and a one year high of $374.74. The stock has a 50-day moving average of $241.15 and a 200 day moving average of $284.87. 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 company has a market capitalization of $8.83 billion, a price-to-earnings ratio of 21.61, a PEG ratio of 4.21 and a beta of 1.23.

Pool (NASDAQ:POOL) last issued its quarterly earnings data 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 return on equity of 31.40% and a net margin of 7.77%.The company had revenue of $1.45 billion during the quarter, compared to analyst estimates of $1.46 billion. During the same quarter in the previous year, the company 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. On average, sell-side analysts forecast that Pool Corporation will post 11.32 EPS for the current year.

Pool Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Wednesday, November 26th. Shareholders of record on Wednesday, November 12th were paid a $1.25 dividend. 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%.

Wall Street Analyst Weigh In

Several equities analysts recently commented on the stock. William Blair reaffirmed a “market perform” rating on shares of Pool in a report on Wednesday, October 15th. The Goldman Sachs Group set a $360.00 price target on Pool and gave the stock a “buy” rating in a research report on Thursday, October 23rd. Stifel Nicolaus decreased their price target on Pool from $295.00 to $240.00 and set a “hold” rating on the stock in a research note on Tuesday, December 16th. Cfra raised Pool from a “hold” rating to a “buy” rating and set a $304.00 price objective for the company in a research note on Monday, December 22nd. Finally, Guggenheim began coverage on shares of Pool in a report on Wednesday, October 8th. They set a “neutral” rating for the company. 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. According to MarketBeat.com, Pool currently has a consensus rating of “Hold” and a consensus price target of $317.38.

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.