Pool Corporation $POOL Shares Purchased by Scientech Research LLC

Key Points

• Scientech Research LLC significantly increased its holdings in Pool Corporation by 349.3% during the 1st quarter, now owning 5,270 shares valued at approximately $1.68 million.
• Wall Street analysts have a generally positive outlook for Pool, with price targets raised and a consensus rating of "Hold," while two analysts rated the stock as a "Buy."
• Pool Corporation reported a quarterly EPS of $5.17, exceeding expectations, and announced a quarterly dividend of $1.25, with a yield of 1.5%.

Scientech Research LLC boosted its holdings in shares of Pool Corporation (NASDAQ:POOL - Free Report) by 349.3% during the first quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 5,270 shares of the specialty retailer's stock after buying an additional 4,097 shares during the quarter. Pool accounts for 0.4% of Scientech Research LLC's investment portfolio, making the stock its 22nd largest position. Scientech Research LLC's holdings in Pool were worth $1,678,000 as of its most recent SEC filing.

A number of other hedge funds also recently added to or reduced their stakes in POOL. Whipplewood Advisors LLC increased its position in shares of Pool by 471.4% in the 1st quarter. Whipplewood Advisors LLC now owns 80 shares of the specialty retailer's stock valued at $25,000 after purchasing an additional 66 shares during the last quarter. City Holding Co. purchased a new stake in shares of Pool in the 1st quarter valued at approximately $26,000. Sentry Investment Management LLC purchased a new stake in shares of Pool in the 1st quarter valued at approximately $30,000. Versant Capital Management Inc increased its position in shares of Pool by 790.9% in the 1st 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 last quarter. Finally, Brooklyn Investment Group increased its position in shares of Pool by 53.1% in the 1st quarter. Brooklyn Investment Group now owns 147 shares of the specialty retailer's stock valued at $47,000 after purchasing an additional 51 shares during the last quarter. 98.99% of the stock is currently owned by institutional investors and hedge funds.

Pool Stock Performance

Shares of NASDAQ:POOL traded down $11.75 during midday trading on Tuesday, hitting $321.87. The stock had a trading volume of 492,164 shares, compared to its average volume of 492,785. The company has a market capitalization of $12.01 billion, a PE ratio of 29.69, a P/E/G ratio of 4.62 and a beta of 1.08. The stock has a 50 day moving average price of $312.06 and a two-hundred day moving average price of $311.65. The company has a current ratio of 2.52, a quick ratio of 0.87 and a debt-to-equity ratio of 0.93. Pool Corporation has a 1 year low of $282.22 and a 1 year high of $395.60.

Pool (NASDAQ:POOL - Get Free Report) last issued its earnings results on Thursday, July 24th. The specialty retailer reported $5.17 earnings per share for the quarter, beating the consensus estimate of $5.12 by $0.05. The business had revenue of $1.78 billion for 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 quarterly revenue was up .9% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $4.99 earnings per share. Pool has set its FY 2025 guidance at 10.700-11.200 EPS. As a group, equities analysts predict that Pool Corporation will post 11.32 earnings per share for the current fiscal year.

Pool Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Thursday, August 28th. Investors of record on Thursday, August 14th were paid a $1.25 dividend. The ex-dividend date was Thursday, August 14th. This represents a $5.00 annualized dividend and a dividend yield of 1.6%. Pool's dividend payout ratio (DPR) is 46.13%.

Analyst Ratings Changes

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