Quantbot Technologies LP Makes New $2.35 Million Investment in Pool Corporation $POOL

Key Points

• Quantbot Technologies LP has acquired 7,391 shares of Pool Corporation, valued at approximately $2,353,000, indicating strong institutional interest in the stock.
• Pool Corporation has reported $5.17 earnings per share (EPS) for the last quarter, exceeding analyst expectations, with a net margin of 7.79%.
• The company declared a quarterly dividend of $1.25, reflecting a 1.6% dividend yield, and has implemented a stock repurchase program authorizing up to $600 million in shares.

Quantbot Technologies LP purchased a new position in shares of Pool Corporation (NASDAQ:POOL - Free Report) in the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor purchased 7,391 shares of the specialty retailer's stock, valued at approximately $2,353,000.

Other large investors have also recently bought and sold shares of the company. Whipplewood Advisors LLC boosted its stake in Pool by 471.4% during the 1st quarter. Whipplewood Advisors LLC now owns 80 shares of the specialty retailer's stock worth $25,000 after purchasing an additional 66 shares during the period. City Holding Co. acquired a new position in shares of Pool in the first quarter valued at approximately $26,000. Sentry Investment Management LLC acquired a new position in shares of Pool in the first quarter valued at approximately $30,000. Versant Capital Management Inc increased its holdings in shares of Pool by 790.9% in the first quarter. Versant Capital Management Inc now owns 98 shares of the specialty retailer's stock valued at $31,000 after purchasing an additional 87 shares during the period. Finally, FWL Investment Management LLC acquired a new position in shares of Pool in the fourth quarter valued at approximately $39,000. Institutional investors and hedge funds own 98.99% of the company's stock.

Pool Price Performance

Shares of POOL traded down $2.9050 during trading hours on Monday, reaching $320.8250. The company had a trading volume of 217,448 shares, compared to its average volume of 518,369. The firm has a 50 day simple moving average of $306.10 and a 200-day simple moving average of $313.35. The company has a current ratio of 2.52, a quick ratio of 0.87 and a debt-to-equity ratio of 0.93. The company has a market capitalization of $11.97 billion, a price-to-earnings ratio of 29.55, a PEG ratio of 4.48 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 announced its quarterly earnings results on Thursday, July 24th. The specialty retailer reported $5.17 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $5.12 by $0.05. The business had revenue of $1.78 billion during the quarter, compared to the consensus estimate of $1.79 billion. Pool had a net margin of 7.79% and a return on equity of 30.99%. The business's revenue was up .9% compared to the same quarter last year. During the same quarter last year, the firm posted $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 earnings per share for the current year.

Pool Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Thursday, August 28th. Stockholders of record on Thursday, August 14th will be issued a $1.25 dividend. This represents a $5.00 dividend on an annualized basis and a dividend yield of 1.6%. The ex-dividend date is Thursday, August 14th. Pool's dividend payout ratio (DPR) is currently 46.13%.

Pool announced that its board has approved a share buyback program on Wednesday, April 30th that permits the company to buyback $600.00 million in outstanding shares. This buyback authorization permits the specialty retailer to purchase up to 5.4% of its stock through open market purchases. Stock buyback programs are usually an indication that the company's board believes its shares are undervalued.

Wall Street Analysts Forecast Growth

A number of research analysts have recently issued reports on POOL shares. Stephens dropped their target price on Pool from $400.00 to $350.00 and set an "overweight" rating on the stock in a report on Monday, April 28th. Robert W. Baird boosted their target price 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 boosted their target price on Pool from $300.00 to $320.00 and gave the company an "equal weight" rating in a report on Tuesday, July 8th. Oppenheimer boosted their target price on Pool from $322.00 to $346.00 and gave the company an "outperform" rating in a report on Tuesday, July 29th. Finally, Wall Street Zen raised Pool from a "sell" rating to a "hold" rating in a report on Saturday, July 26th. Two analysts have rated the stock with a Buy rating and five have issued a Hold rating to the company's stock. Based on data from MarketBeat, the stock currently has an average rating of "Hold" and a consensus target price of $342.14.

About Pool

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.