Gordian Capital Singapore Pte Ltd Acquires Shares of 2,200 Pool Corporation $POOL

Key Points

• Gordian Capital Singapore Pte Ltd acquired 2,200 shares of Pool Corporation valued at approximately $693,000 in the first quarter.
• Pool Corporation reported $5.17 EPS for the quarter, exceeding analyst estimates of $5.12, with quarterly revenue of $1.78 billion.
• The company announced a quarterly dividend of $1.25 per share, reflecting a dividend yield of 1.6% and a payout ratio of 46.13%.

Gordian Capital Singapore Pte Ltd acquired a new stake in shares of Pool Corporation (NASDAQ:POOL - Free Report) in the first quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm acquired 2,200 shares of the specialty retailer's stock, valued at approximately $693,000.

A number of other hedge funds and other institutional investors also recently made changes to their positions in POOL. Whipplewood Advisors LLC lifted its holdings in shares of Pool by 471.4% during the first quarter. Whipplewood Advisors LLC now owns 80 shares of the specialty retailer's stock valued at $25,000 after acquiring an additional 66 shares during the period. City Holding Co. bought a new position in shares of Pool during the first quarter valued at $26,000. Sentry Investment Management LLC bought a new position in shares of Pool during the first quarter valued at $30,000. Versant Capital Management Inc lifted its holdings in shares of Pool by 790.9% during the first quarter. Versant Capital Management Inc now owns 98 shares of the specialty retailer's stock valued at $31,000 after acquiring an additional 87 shares during the period. Finally, FWL Investment Management LLC bought a new position in shares of Pool during the fourth quarter valued at $39,000. 98.99% of the stock is owned by institutional investors.

Pool Price Performance

Shares of POOL stock opened at $314.97 on Friday. The stock has a 50-day moving average price of $308.63 and a 200 day moving average price of $313.21. The company has a quick ratio of 0.87, a current ratio of 2.52 and a debt-to-equity ratio of 0.93. The firm has a market cap of $11.75 billion, a price-to-earnings ratio of 29.06, a PEG ratio of 4.39 and a beta of 1.07. Pool Corporation has a 12 month low of $282.22 and a 12 month high of $395.60.

Pool (NASDAQ:POOL - Get Free Report) last posted its earnings results on Thursday, July 24th. The specialty retailer reported $5.17 earnings per share (EPS) for the quarter, topping the consensus estimate of $5.12 by $0.05. The company had revenue of $1.78 billion during the quarter, compared to analyst estimates of $1.79 billion. Pool had a return on equity of 30.99% and a net margin of 7.79%.The company's revenue for the quarter was up .9% compared to the same quarter last year. During the same period in the previous year, the company earned $4.99 EPS. Pool has set its FY 2025 guidance at 10.700-11.200 EPS. Research analysts expect that Pool Corporation will post 11.32 EPS for the current year.

Pool Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Thursday, August 28th. Stockholders of record on Thursday, August 14th were given a dividend of $1.25 per share. This represents a $5.00 annualized dividend and a dividend yield of 1.6%. The ex-dividend date was Thursday, August 14th. Pool's payout ratio is presently 46.13%.

Analyst Upgrades and Downgrades

A number of research analysts have issued reports on POOL shares. Robert W. Baird lifted their price objective on Pool from $310.00 to $340.00 and gave the company a "neutral" rating in a report on Friday, July 25th. Wells Fargo & Company raised their target price on Pool from $300.00 to $320.00 and gave the company an "equal weight" rating in a research note on Tuesday, July 8th. Wall Street Zen upgraded Pool from a "sell" rating to a "hold" rating in a research note on Saturday, July 26th. Finally, Oppenheimer raised their target price on Pool from $322.00 to $346.00 and gave the company an "outperform" rating in a research note on Tuesday, July 29th. Two investment analysts have rated the stock with a Buy rating and five have given a Hold rating to the company. Based on data from MarketBeat, Pool currently has an average rating of "Hold" and an average price target of $342.14.

Pool Company Profile

Pool Corporation distributes swimming pool supplies, equipment, and related leisure products in the United States and internationally. The company offers maintenance products, including chemicals, supplies, and pool accessories; repair and replacement parts for pool equipment, such as cleaners, filters, heaters, pumps, and lights; and building materials, such as concrete, plumbing and electrical components, functional and decorative pool surfaces, decking materials, tiles, hardscapes, and natural stones for pool installations and remodeling.

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