Legal & General Group Plc purchased a new stake in shares of Pool Corporation (NASDAQ:POOL - Free Report) in the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm purchased 75,856 shares of the specialty retailer's stock, valued at approximately $16,301,000. Legal & General Group Plc owned approximately 0.21% of Pool at the end of the most recent reporting period.
Several other institutional investors have also recently bought and sold shares of the business. Clearstead Advisors LLC raised its stake in shares of Pool by 100.0% in the fourth quarter. Clearstead Advisors LLC now owns 122 shares of the specialty retailer's stock worth $28,000 after acquiring an additional 61 shares during the last quarter. Elevation Wealth Partners LLC grew its stake in shares of Pool by 2,660.0% during the second quarter. Elevation Wealth Partners LLC now owns 138 shares of the specialty retailer's stock valued at $30,000 after purchasing an additional 133 shares during the last quarter. CYBER HORNET ETFs LLC acquired a new stake in shares of Pool in the second quarter valued at approximately $30,000. Covestor Ltd increased its holdings in shares of Pool by 348.4% in the fourth quarter. Covestor Ltd now owns 139 shares of the specialty retailer's stock valued at $32,000 after purchasing an additional 108 shares in the last quarter. Finally, CoreCap Advisors LLC increased its holdings in shares of Pool by 214.3% in the second quarter. CoreCap Advisors LLC now owns 154 shares of the specialty retailer's stock valued at $33,000 after purchasing an additional 105 shares in the last quarter. Institutional investors own 98.99% of the company's stock.
Pool Price Performance
Shares of POOL stock opened at $188.07 on Monday. The company has a quick ratio of 0.91, a current ratio of 2.67 and a debt-to-equity ratio of 1.05. Pool Corporation has a 12-month low of $172.68 and a 12-month high of $336.15. The firm has a fifty day moving average of $199.64 and a 200-day moving average of $204.67. The firm has a market capitalization of $6.83 billion, a price-to-earnings ratio of 17.30, a price-to-earnings-growth ratio of 2.54 and a beta of 1.06.
Pool (NASDAQ:POOL - Get Free Report) last issued its quarterly earnings data on Thursday, July 23rd. The specialty retailer reported $5.38 EPS for the quarter, topping the consensus estimate of $5.33 by $0.05. Pool had a return on equity of 32.74% and a net margin of 7.40%.The business had revenue of $1.82 billion for the quarter, compared to the consensus estimate of $1.82 billion. During the same quarter last year, the business posted $5.17 EPS. The firm's revenue was up 2.2% compared to the same quarter last year. Pool has set its FY 2026 guidance at 10.660-10.960 EPS. On average, equities research analysts forecast that Pool Corporation will post 10.95 earnings per share for the current year.
Pool Announces Dividend
The firm also recently disclosed a quarterly dividend, which was paid on Thursday, August 27th. Stockholders of record on Thursday, August 13th were issued a dividend of $1.30 per share. This represents a $5.20 annualized dividend and a dividend yield of 2.8%. The ex-dividend date was Thursday, August 13th. Pool's payout ratio is 47.84%.
Analyst Ratings Changes
Several research firms have recently commented on POOL. DA Davidson assumed coverage on Pool in a research note on Monday, August 24th. They issued a "neutral" rating and a $210.00 target price for the company. Weiss Ratings reiterated a "sell (d+)" rating on shares of Pool in a report on Tuesday, August 11th. Robert W. Baird set a $260.00 price objective on Pool in a research report on Friday, July 24th. Stifel Nicolaus dropped their price objective on Pool from $235.00 to $189.00 and set a "hold" rating for the company in a report on Friday, July 24th. Finally, Deutsche Bank Aktiengesellschaft set a $185.00 target price on shares of Pool in a research report on Friday, July 24th. Five investment analysts have rated the stock with a Buy rating, seven have given a Hold rating and two have given a Sell rating to the company. Based on data from MarketBeat.com, the stock presently has an average rating of "Hold" and an average price target of $233.10.
Check Out Our Latest Report on POOL
Pool Profile
(
Free Report)
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.
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