Danske Bank A S Has $82,000 Stock Holdings in Pool Corporation $POOL

Key Points

• Danske Bank cut its stake in Pool by 95.4% in Q4, selling 7,470 shares and leaving it with 360 shares valued at about $82,000.
• Pool's board authorized a $600 million buyback (up to 7.8% of shares) and raised the quarterly dividend to $1.30 (annualized $5.20, ~2.7% yield).
• Pool beat EPS expectations ($1.43 vs. $1.34) but missed revenue forecasts ($1.14B vs. $1.82B), set FY2026 EPS guidance of 10.87–11.17, and carries a consensus analyst rating of Hold with a $265.13 price target.

Danske Bank A S cut its stake in shares of Pool Corporation (NASDAQ:POOL - Free Report) by 95.4% during the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 360 shares of the specialty retailer's stock after selling 7,470 shares during the period. Danske Bank A S's holdings in Pool were worth $82,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently modified their holdings of the stock. Wellington Management Group LLP raised its position in shares of Pool by 16.2% during the third quarter. Wellington Management Group LLP now owns 2,563,373 shares of the specialty retailer's stock worth $794,825,000 after purchasing an additional 357,643 shares during the period. Envestnet Asset Management Inc. lifted its holdings in shares of Pool by 0.3% in 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 in the last quarter. Raymond James Financial Inc. lifted its holdings in shares of Pool by 0.7% in the third quarter. Raymond James Financial Inc. now owns 356,856 shares of the specialty retailer's stock valued at $110,650,000 after purchasing an additional 2,635 shares in the last quarter. Dimensional Fund Advisors LP lifted its holdings in shares of Pool by 3.1% in the third quarter. Dimensional Fund Advisors LP now owns 324,471 shares of the specialty retailer's stock valued at $100,611,000 after purchasing an additional 9,874 shares in the last quarter. Finally, American Century Companies Inc. lifted its holdings in shares of Pool by 11.5% in the third quarter. American Century Companies Inc. now owns 301,343 shares of the specialty retailer's stock valued at $93,437,000 after purchasing an additional 31,117 shares in the last quarter. 98.99% of the stock is owned by institutional investors and hedge funds.

Pool Trading Up 1.2%

Pool stock opened at $190.44 on Friday. The company has a debt-to-equity ratio of 1.09, a current ratio of 1.87 and a quick ratio of 0.55. The company has a market capitalization of $6.94 billion, a price-to-earnings ratio of 17.52, a PEG ratio of 2.38 and a beta of 1.16. Pool Corporation has a one year low of $186.94 and a one year high of $345.00. The company's fifty day moving average price is $212.09 and its two-hundred day moving average price is $237.58.

Pool (NASDAQ:POOL - Get Free Report) last posted its earnings results on Thursday, April 23rd. The specialty retailer reported $1.43 EPS for the quarter, topping the consensus estimate of $1.34 by $0.09. The firm had revenue of $1.14 billion for the quarter, compared to the consensus estimate of $1.82 billion. Pool had a net margin of 7.57% and a return on equity of 32.37%. The business's quarterly revenue was up 6.2% on a year-over-year basis. During the same period in the prior year, the business posted $1.32 earnings per share. Pool has set its FY 2026 guidance at 10.870-11.170 EPS. On average, analysts forecast that Pool Corporation will post 11.07 earnings per share for the current fiscal year.

Pool announced that its board has authorized a stock buyback plan on Wednesday, April 29th that authorizes the company to repurchase $600.00 million in shares. This repurchase authorization authorizes the specialty retailer to reacquire up to 7.8% of its stock through open market purchases. Stock repurchase plans are usually an indication that the company's board believes its shares are undervalued.

Pool Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Thursday, May 28th. Shareholders of record on Thursday, May 14th will be issued a dividend of $1.30 per share. This represents a $5.20 dividend on an annualized basis and a yield of 2.7%. This is a positive change from Pool's previous quarterly dividend of $1.25. The ex-dividend date is Thursday, May 14th. Pool's dividend payout ratio is currently 46.00%.

Insider Buying and Selling at Pool

In other news, Director De La Mesa Manuel J. Perez purchased 5,000 shares of the firm's stock in a transaction on Friday, March 13th. The stock was bought at an average cost of $205.00 per share, for a total transaction of $1,025,000.00. Following the completion of the acquisition, the director directly owned 110,108 shares of the company's stock, valued at approximately $22,572,140. The trade was a 4.76% increase in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, CFO Melanie M. Hart sold 2,750 shares of the company'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 sale, the chief financial officer 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 disclosure for this sale is available in the SEC filing. Corporate insiders own 3.00% of the company's stock.

Analysts Set New Price Targets

A number of analysts have recently issued reports on POOL shares. Weiss Ratings upgraded Pool from a "sell (d)" rating to a "hold (c-)" rating in a report on Wednesday, April 29th. Zacks Research upgraded Pool from a "strong sell" rating to a "hold" rating in a report on Monday, April 27th. Robert W. Baird reduced their target price on Pool from $320.00 to $300.00 and set an "outperform" rating for the company in a report on Friday, February 20th. The Goldman Sachs Group reduced their target price on Pool from $360.00 to $310.00 and set a "buy" rating for the company in a report on Tuesday, January 13th. Finally, Deutsche Bank Aktiengesellschaft set a $246.00 target price on Pool in a report on Friday, February 20th. Four analysts have rated the stock with a Buy rating, seven have assigned a Hold rating and one has issued a Sell rating to the company's stock. According to data from MarketBeat, the company has a consensus rating of "Hold" and a consensus price target of $265.13.

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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