Pool Corporation $POOL Holdings Lifted by Roundview Capital LLC

Key Points

• Roundview Capital LLC has increased its holdings in Pool Corporation (NASDAQ:POOL) by 67.2% in the second quarter, bringing its total ownership to 2,498 shares valued at approximately $728,000.
• Pool Corporation reported earnings per share of $5.17 for the latest quarter, exceeding estimates by $0.05, with annual revenue growth of 0.9%.
• The company declared a quarterly dividend of $1.25 per share, representing a 1.7% dividend yield, with a payout ratio of 46.13%.

Roundview Capital LLC increased its holdings in shares of Pool Corporation (NASDAQ:POOL - Free Report) by 67.2% during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 2,498 shares of the specialty retailer's stock after buying an additional 1,004 shares during the quarter. Roundview Capital LLC's holdings in Pool were worth $728,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors and hedge funds have also modified their holdings of POOL. Gateway Investment Advisers LLC grew its holdings in shares of Pool by 76.4% during the first quarter. Gateway Investment Advisers LLC now owns 2,239 shares of the specialty retailer's stock valued at $713,000 after buying an additional 970 shares in the last quarter. Wedmont Private Capital purchased a new position in Pool in the first quarter valued at about $219,000. Portside Wealth Group LLC grew its stake in Pool by 5.6% in the first quarter. Portside Wealth Group LLC now owns 2,750 shares of the specialty retailer's stock valued at $875,000 after purchasing an additional 145 shares in the last quarter. City Holding Co. purchased a new position in Pool in the first quarter valued at about $26,000. Finally, Harbor Capital Advisors Inc. grew its stake in Pool by 4.7% in the first quarter. Harbor Capital Advisors Inc. now owns 5,265 shares of the specialty retailer's stock valued at $1,676,000 after purchasing an additional 237 shares in the last quarter. Hedge funds and other institutional investors own 98.99% of the company's stock.

Pool Price Performance

NASDAQ POOL opened at $301.09 on Wednesday. Pool Corporation has a twelve month low of $282.22 and a twelve month high of $395.60. The company has a debt-to-equity ratio of 0.93, a quick ratio of 0.87 and a current ratio of 2.52. The stock has a market capitalization of $11.24 billion, a PE ratio of 27.78, a P/E/G ratio of 4.25 and a beta of 1.11. The stock has a 50-day simple moving average of $315.42 and a 200 day simple moving average of $308.29.

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

Pool Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, August 28th. Investors 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 1.7%. The ex-dividend date of this dividend was Thursday, August 14th. Pool's payout ratio is currently 46.13%.

Analyst Ratings Changes

A number of research analysts have commented on the company. Robert W. Baird boosted their target price on Pool from $310.00 to $340.00 and gave the company a "neutral" rating in a research note on Friday, July 25th. Oppenheimer boosted 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. Wall Street Zen upgraded Pool from a "sell" rating to a "hold" rating in a research note on Saturday, July 26th. KeyCorp started coverage on Pool in a research note on Tuesday, September 30th. They issued a "sector weight" rating on the stock. Finally, Weiss Ratings reaffirmed a "hold (c-)" rating on shares of Pool in a research report on Saturday, September 27th. Two investment analysts have rated the stock with a Buy rating and seven have given a Hold rating to the stock. According to MarketBeat.com, the company 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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