Vanguard Personalized Indexing Management LLC Reduces Stock Holdings in Pool Corporation $POOL

Key Points

• Vanguard Personalized Indexing Management LLC reduced its stake in Pool Corporation by 26.0%, selling 978 shares during Q2, leaving it with 2,784 shares valued at $812,000.
• Institutional investors and hedge funds now own 98.99% of Pool's stock, indicating strong institutional interest in the company.
• Recent analyst ratings show a consensus of "Hold" for Pool stock, with an average target price of $342.14, reflecting cautious optimism.

Vanguard Personalized Indexing Management LLC reduced its stake in shares of Pool Corporation (NASDAQ:POOL - Free Report) by 26.0% during the 2nd quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 2,784 shares of the specialty retailer's stock after selling 978 shares during the quarter. Vanguard Personalized Indexing Management LLC's holdings in Pool were worth $812,000 as of its most recent filing with the SEC.

A number of other hedge funds have also recently bought and sold shares of POOL. GAMMA Investing LLC grew its stake in Pool by 5.7% during the 1st quarter. GAMMA Investing LLC now owns 816 shares of the specialty retailer's stock valued at $260,000 after purchasing an additional 44 shares in the last quarter. Exchange Traded Concepts LLC grew its stake in Pool by 15.0% during the 1st quarter. Exchange Traded Concepts LLC now owns 484 shares of the specialty retailer's stock valued at $154,000 after purchasing an additional 63 shares in the last quarter. State of Alaska Department of Revenue grew its stake in Pool by 2.6% during the 1st quarter. State of Alaska Department of Revenue now owns 4,457 shares of the specialty retailer's stock valued at $1,418,000 after purchasing an additional 115 shares in the last quarter. Blue Trust Inc. grew its stake in Pool by 20.3% during the 1st quarter. Blue Trust Inc. now owns 225 shares of the specialty retailer's stock valued at $72,000 after purchasing an additional 38 shares in the last quarter. Finally, Praxis Investment Management Inc. grew its stake in Pool by 77.9% during the 1st quarter. Praxis Investment Management Inc. now owns 1,690 shares of the specialty retailer's stock valued at $538,000 after purchasing an additional 740 shares in the last quarter. Institutional investors and hedge funds own 98.99% of the company's stock.

Analyst Ratings Changes

A number of equities research analysts have weighed in on POOL shares. Wall Street Zen upgraded Pool from a "sell" rating to a "hold" rating in a research note on Saturday, July 26th. Weiss Ratings restated a "hold (c-)" rating on shares of Pool in a research note on Wednesday, October 8th. KeyCorp started coverage on Pool in a research report on Tuesday, September 30th. They issued a "sector weight" rating for the company. William Blair reiterated a "market perform" rating on shares of Pool in a research report on Wednesday. Finally, Guggenheim started coverage on Pool in a research report on Wednesday, October 8th. They issued a "neutral" rating for the company. Two analysts have rated the stock with a Buy rating and nine have assigned a Hold rating to the company. According to data from MarketBeat.com, the stock has a consensus rating of "Hold" and an average target price of $342.14.

Pool Price Performance

Shares of POOL opened at $290.21 on Monday. The firm has a market cap of $10.83 billion, a price-to-earnings ratio of 26.77, a PEG ratio of 3.96 and a beta of 1.11. Pool Corporation has a 52 week low of $282.22 and a 52 week high of $395.60. 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 stock has a 50 day moving average of $312.84 and a 200-day moving average of $306.62.

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, topping 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 return on equity of 30.99% and a net margin of 7.79%.The business's revenue was up .9% on a year-over-year basis. During the same quarter last year, the business posted $4.99 EPS. Pool has set its FY 2025 guidance at 10.700-11.200 EPS. As a group, analysts forecast that Pool Corporation will post 11.32 EPS for the current year.

Pool Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Thursday, August 28th. Investors of record on Thursday, August 14th were issued a $1.25 dividend. The ex-dividend date of this dividend was Thursday, August 14th. This represents a $5.00 annualized dividend and a dividend yield of 1.7%. Pool's dividend payout ratio (DPR) is 46.13%.

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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