Bell Asset Management Ltd Has $3.46 Million Stock Holdings in Pool Corporation $POOL

Bell Asset Management Ltd trimmed its holdings in shares of Pool Corporation (NASDAQ:POOL) by 23.5% during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 11,164 shares of the specialty retailer’s stock after selling 3,427 shares during the quarter. Bell Asset Management Ltd’s holdings in Pool were worth $3,462,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in POOL. Berkshire Hathaway Inc increased its stake 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 valued at $1,008,196,000 after buying an additional 1,994,885 shares during the period. Invesco Ltd. increased its stake in Pool by 11.1% in the second quarter. Invesco Ltd. now owns 699,628 shares of the specialty retailer’s stock valued at $203,928,000 after purchasing an additional 70,075 shares in the last quarter. Massachusetts Financial Services Co. MA increased its stake in Pool by 35.3% in the second 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 in the last quarter. Envestnet Asset Management Inc. raised its holdings in shares of Pool by 0.3% during the third quarter. Envestnet Asset Management Inc. now owns 438,476 shares of the specialty retailer’s stock valued at $135,958,000 after purchasing an additional 1,337 shares during the period. Finally, Norges Bank bought a new position in shares of Pool during the 2nd quarter worth about $113,617,000. 98.99% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

A number of analysts recently commented on POOL shares. Wells Fargo & Company decreased their target price on Pool from $275.00 to $230.00 and set an “equal weight” rating for the company in a research report on Friday, February 20th. Weiss Ratings reiterated a “sell (d+)” rating on shares of Pool in a report on Monday, December 29th. Deutsche Bank Aktiengesellschaft set a $246.00 price objective on Pool in a research note on Friday, February 20th. Stifel Nicolaus lowered their target price on Pool from $240.00 to $232.00 and set a “hold” rating on the stock in a research report on Monday, February 23rd. Finally, Cfra upgraded Pool from a “hold” rating to a “buy” rating and set a $304.00 target price on the stock in a report on Monday, December 22nd. Five equities research analysts have rated the stock with a Buy rating, six have issued a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat, the company currently has a consensus rating of “Hold” and an average price target of $281.50.

Pool Trading Down 2.0%

NASDAQ:POOL opened at $213.66 on Monday. The company has a debt-to-equity ratio of 1.00, a current ratio of 2.24 and a quick ratio of 0.59. Pool Corporation has a one year low of $210.67 and a one year high of $374.74. The company has a market cap of $7.86 billion, a PE ratio of 19.71, a PEG ratio of 2.67 and a beta of 1.25. The firm has a 50-day moving average of $246.85 and a 200-day moving average of $267.47.

Pool (NASDAQ:POOL) last announced its quarterly earnings results on Thursday, February 19th. The specialty retailer reported $0.84 earnings per share for the quarter, missing the consensus estimate of $0.99 by ($0.15). The business had revenue of $982.21 million during the quarter, compared to the consensus estimate of $999.14 million. Pool had a net margin of 7.67% and a return on equity of 31.49%. Pool’s revenue was down .5% compared to the same quarter last year. During the same period in the previous year, the business posted $0.97 EPS. Pool has set its FY 2026 guidance at 10.850-11.150 EPS. As a group, equities research analysts expect that Pool Corporation will post 11.32 EPS for the current fiscal year.

Pool Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Thursday, March 26th. Stockholders of record on Thursday, March 12th will be issued a $1.25 dividend. The ex-dividend date is Thursday, March 12th. This represents a $5.00 annualized dividend and a dividend yield of 2.3%. Pool’s dividend payout ratio is currently 46.13%.

Insider Transactions at Pool

In related news, CFO Melanie M. Hart sold 2,750 shares of the firm’s stock in a transaction dated Tuesday, February 24th. The shares were sold at an average price of $220.00, for a total transaction of $605,000.00. Following the transaction, the chief financial officer directly owned 18,039 shares of the company’s stock, valued at $3,968,580. This trade represents a 13.23% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, SVP Romain Kenneth G. St purchased 5,560 shares of the business’s stock in a transaction that occurred on Monday, February 23rd. The shares were purchased at an average price of $218.67 per share, for a total transaction of $1,215,805.20. Following the completion of the acquisition, the senior vice president owned 82,845 shares of the company’s stock, valued at $18,115,716.15. The trade was a 7.19% increase in their position. Additional details regarding this purchase are available in the official SEC disclosure. 3.00% of the stock is owned by company insiders.

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.