Eldred Rock Partners LLC Invests $6.18 Million in Pool Corporation $POOL

Eldred Rock Partners LLC bought a new position in shares of Pool Corporation (NASDAQ:POOL) in the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor bought 27,035 shares of the specialty retailer’s stock, valued at approximately $6,184,000. Eldred Rock Partners LLC owned about 0.07% of Pool at the end of the most recent quarter.

A number of other hedge funds have also added to or reduced their stakes in POOL. Root Financial Partners LLC bought a new stake in Pool during the 3rd quarter worth about $29,000. CYBER HORNET ETFs LLC bought a new position in shares of Pool in the 2nd quarter valued at about $30,000. MUFG Securities EMEA plc acquired a new stake in shares of Pool in the second quarter valued at about $33,000. Allworth Financial LP raised its holdings in Pool by 133.3% during the third quarter. Allworth Financial LP now owns 126 shares of the specialty retailer’s stock worth $39,000 after acquiring an additional 72 shares in the last quarter. Finally, Geneos Wealth Management Inc. raised its holdings in Pool by 164.4% during the first quarter. Geneos Wealth Management Inc. now owns 156 shares of the specialty retailer’s stock worth $50,000 after acquiring an additional 97 shares in the last quarter. Institutional investors own 98.99% of the company’s stock.

Insider Activity

In related news, SVP Romain Kenneth G. St purchased 5,560 shares of the firm’s stock in a transaction that occurred on Monday, February 23rd. The shares were acquired at an average price of $218.67 per share, for a total transaction of $1,215,805.20. Following the purchase, the senior vice president owned 82,845 shares in the company, valued at approximately $18,115,716.15. This represents a 7.19% increase in their ownership of the stock. The purchase was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, CFO Melanie M. Hart sold 2,750 shares of the 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 completion of the transaction, the chief financial officer directly owned 18,039 shares in the company, valued at approximately $3,968,580. This represents a 13.23% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders own 3.00% of the company’s stock.

Pool Stock Performance

POOL opened at $202.93 on Friday. The company has a quick ratio of 0.59, a current ratio of 2.24 and a debt-to-equity ratio of 1.00. Pool Corporation has a 12-month low of $195.49 and a 12-month high of $345.00. The business has a 50 day moving average of $229.90 and a 200-day moving average of $253.17. The stock has a market cap of $7.45 billion, a price-to-earnings ratio of 18.72, a PEG ratio of 2.50 and a beta of 1.26.

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

Pool Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Thursday, March 26th. Shareholders of record on Thursday, March 12th were issued a $1.25 dividend. This represents a $5.00 annualized dividend and a dividend yield of 2.5%. The ex-dividend date was Thursday, March 12th. Pool’s payout ratio is currently 46.13%.

Analyst Ratings Changes

A number of equities research 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, December 29th. Wells Fargo & Company decreased their target price on shares of Pool from $275.00 to $230.00 and set an “equal weight” rating for the company in a research note on Friday, February 20th. Robert W. Baird lowered their target price on shares of Pool from $320.00 to $300.00 and set an “outperform” rating on the stock in a report on Friday, February 20th. Stifel Nicolaus dropped their price target on shares of Pool from $240.00 to $232.00 and set a “hold” rating on the stock in a research report on Monday, February 23rd. Finally, Deutsche Bank Aktiengesellschaft set a $246.00 price target on shares of Pool in a research note on Friday, February 20th. Five analysts have rated the stock with a Buy rating, five have issued a Hold rating and two have given a Sell rating to the company. According to data from MarketBeat, the stock currently has a consensus rating of “Hold” and an average target price of $281.50.

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.