Pool (NASDAQ:POOL) Rating Increased to Hold at Wall Street Zen

Pool (NASDAQ:POOL) was upgraded by investment analysts at Wall Street Zen from a “sell” rating to a “hold” rating in a report released on Saturday.

Other research analysts have also recently issued reports about the company. Oppenheimer lowered their price objective on Pool from $346.00 to $280.00 and set an “outperform” rating for the company in a research report on Tuesday, February 24th. Deutsche Bank Aktiengesellschaft set a $246.00 price target on shares of Pool in a research note on Friday, February 20th. Wells Fargo & Company reduced their price objective on shares of Pool from $275.00 to $230.00 and set an “equal weight” rating for the company in a research report on Friday, February 20th. The Goldman Sachs Group lowered their target price on shares of Pool from $360.00 to $310.00 and set a “buy” rating for the company in a report on Tuesday, January 13th. Finally, Stifel Nicolaus reduced their price target on shares of Pool from $240.00 to $232.00 and set a “hold” rating for the company in a research report on Monday, February 23rd. Five equities research analysts have rated the stock with a Buy rating, six have assigned a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat.com, the stock presently has an average rating of “Hold” and an average target price of $281.50.

Pool Stock Down 2.0%

POOL stock opened at $200.34 on Friday. The company’s 50 day moving average price is $241.25 and its 200 day moving average price is $260.62. The firm has a market capitalization of $7.37 billion, a price-to-earnings ratio of 18.48, a PEG ratio of 2.55 and a beta of 1.25. Pool has a fifty-two week low of $197.68 and a fifty-two week high of $345.00. The company has a debt-to-equity ratio of 1.00, a quick ratio of 0.59 and a current ratio of 2.24.

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

Insider Buying and Selling at Pool

In related news, SVP Romain Kenneth G. St acquired 5,560 shares of the firm’s stock in a transaction on Monday, February 23rd. The stock was bought at an average cost of $218.67 per share, with a total value of $1,215,805.20. Following the transaction, 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 ownership of the stock. The acquisition was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, CFO Melanie M. Hart sold 2,750 shares of Pool stock in a transaction that occurred on Tuesday, February 24th. The shares were sold at an average price of $220.00, for a total value of $605,000.00. Following the completion of the transaction, the chief financial officer owned 18,039 shares in the company, valued at $3,968,580. This trade represents a 13.23% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. 3.00% of the stock is owned by company insiders.

Hedge Funds Weigh In On Pool

Large investors have recently bought and sold shares of the company. CNB Bank raised its holdings in Pool by 4.1% during the third quarter. CNB Bank now owns 918 shares of the specialty retailer’s stock worth $285,000 after purchasing an additional 36 shares in the last quarter. Keybank National Association OH increased its position in Pool by 4.2% during the 3rd quarter. Keybank National Association OH now owns 999 shares of the specialty retailer’s stock worth $310,000 after purchasing an additional 40 shares during the period. MassMutual Private Wealth & Trust FSB increased its position in Pool by 22.0% during the 3rd quarter. MassMutual Private Wealth & Trust FSB now owns 227 shares of the specialty retailer’s stock worth $70,000 after purchasing an additional 41 shares during the period. Annis Gardner Whiting Capital Advisors LLC raised its stake in shares of Pool by 20.0% during the 4th quarter. Annis Gardner Whiting Capital Advisors LLC now owns 270 shares of the specialty retailer’s stock worth $62,000 after buying an additional 45 shares in the last quarter. Finally, Mitchell & Pahl Private Wealth LLC lifted its holdings in shares of Pool by 1.4% in the 3rd quarter. Mitchell & Pahl Private Wealth LLC now owns 3,228 shares of the specialty retailer’s stock valued at $1,001,000 after buying an additional 46 shares during the period. Hedge funds and other institutional investors own 98.99% of the company’s stock.

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.