Allspring Global Investments Holdings LLC Decreases Stake in Pool Corporation $POOL

Key Points

• Allspring Global Investments cut its position in Pool by 90.4% in Q4, selling 13,865 shares and leaving 1,468 shares valued at about $337,000.
• Pool missed Q4 estimates with EPS of $0.84 versus $0.99 expected and revenue of $982.21M versus $999.14M, while issuing FY2026 guidance of $10.85–$11.15 EPS (analysts expect $11.32).
• Insiders increased holdings: Director De La Mesa bought 5,000 shares at $205 and SVP Romain bought 5,560 shares at $218.67, and insiders now own roughly 3% of the company.

Allspring Global Investments Holdings LLC lowered its position in Pool Corporation (NASDAQ:POOL - Free Report) by 90.4% in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 1,468 shares of the specialty retailer's stock after selling 13,865 shares during the quarter. Allspring Global Investments Holdings LLC's holdings in Pool were worth $337,000 as of its most recent SEC filing.

A number of other institutional investors also recently added to or reduced their stakes in the company. Wellington Management Group LLP lifted its stake in Pool by 16.2% in the third quarter. Wellington Management Group LLP now owns 2,563,373 shares of the specialty retailer's stock worth $794,825,000 after acquiring an additional 357,643 shares during the last quarter. Envestnet Asset Management Inc. lifted its stake in Pool by 0.3% in the third quarter. Envestnet Asset Management Inc. now owns 438,476 shares of the specialty retailer's stock worth $135,958,000 after acquiring an additional 1,337 shares during the last quarter. Raymond James Financial Inc. lifted its stake in Pool by 0.7% in the third quarter. Raymond James Financial Inc. now owns 356,856 shares of the specialty retailer's stock worth $110,650,000 after acquiring an additional 2,635 shares during the last quarter. Dimensional Fund Advisors LP lifted its stake in Pool by 3.1% in the third quarter. Dimensional Fund Advisors LP now owns 324,471 shares of the specialty retailer's stock worth $100,611,000 after acquiring an additional 9,874 shares during the last quarter. Finally, American Century Companies Inc. lifted its stake in Pool by 11.5% in the third quarter. American Century Companies Inc. now owns 301,343 shares of the specialty retailer's stock worth $93,437,000 after acquiring an additional 31,117 shares during the last quarter. Hedge funds and other institutional investors own 98.99% of the company's stock.

Insiders Place Their Bets

In other Pool news, Director De La Mesa Manuel J. Perez acquired 5,000 shares of the stock in a transaction on Friday, March 13th. The shares were bought at an average cost of $205.00 per share, with a total value of $1,025,000.00. Following the transaction, the director owned 110,108 shares of the company's stock, valued at approximately $22,572,140. This trade represents a 4.76% increase in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, SVP Romain Kenneth G. St acquired 5,560 shares of the stock in a transaction on Monday, February 23rd. The shares were acquired at an average cost of $218.67 per share, for a total transaction of $1,215,805.20. Following the completion of the transaction, the senior vice president directly owned 82,845 shares in the company, valued at $18,115,716.15. The trade was a 7.19% increase in their position. The SEC filing for this purchase provides additional information. 3.00% of the stock is currently owned by insiders.

Pool Price Performance

POOL stock opened at $214.91 on Monday. The company's 50 day moving average is $223.57 and its two-hundred day moving average is $247.52. The stock has a market cap of $7.89 billion, a P/E ratio of 19.83, a PEG ratio of 2.69 and a beta of 1.26. Pool Corporation has a twelve month low of $195.49 and a twelve month high of $345.00. The company has a current ratio of 2.24, a quick ratio of 0.59 and a debt-to-equity ratio of 1.00.

Pool (NASDAQ:POOL - Get Free Report) last issued its quarterly 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 quarter in the prior year, the company earned $0.97 EPS. The firm's revenue for the quarter was down .5% on a year-over-year basis. Pool has set its FY 2026 guidance at 10.850-11.150 EPS. Research analysts expect that Pool Corporation will post 11.32 earnings per share for the current fiscal year.

Pool Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, March 26th. Shareholders of record on Thursday, March 12th were given a dividend of $1.25 per share. This represents a $5.00 annualized dividend and a yield of 2.3%. The ex-dividend date of this dividend was Thursday, March 12th. Pool's dividend payout ratio (DPR) is presently 46.13%.

Analyst Ratings Changes

POOL has been the topic of a number of research analyst reports. Oppenheimer cut their price objective on shares of Pool from $346.00 to $280.00 and set an "outperform" rating on the stock in a report on Tuesday, February 24th. Deutsche Bank Aktiengesellschaft set a $246.00 price objective on shares of Pool in a report on Friday, February 20th. The Goldman Sachs Group cut their price objective on shares of Pool from $360.00 to $310.00 and set a "buy" rating on the stock in a report on Tuesday, January 13th. Weiss Ratings reissued a "sell (d+)" rating on shares of Pool in a report on Monday, December 29th. Finally, Stifel Nicolaus cut their price objective on shares of Pool from $240.00 to $232.00 and set a "hold" rating on the stock in a report on Monday, February 23rd. Five analysts have rated the stock with a Buy rating, five have assigned a Hold rating and two have issued a Sell rating to the company. Based on data from MarketBeat.com, the stock currently has an average rating of "Hold" and an average price target of $279.63.

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.

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