Voya Investment Management LLC increased its holdings in Pool Corporation (NASDAQ:POOL - Free Report) by 8.4% during the 1st quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 28,098 shares of the specialty retailer's stock after buying an additional 2,173 shares during the period. Voya Investment Management LLC owned about 0.07% of Pool worth $8,945,000 as of its most recent SEC filing.
Other institutional investors and hedge funds have also made changes to their positions in the company. Whipplewood Advisors LLC boosted 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 worth $25,000 after buying an additional 66 shares in the last quarter. City Holding Co. purchased a new position in Pool in the 1st quarter valued at about $26,000. Sentry Investment Management LLC purchased a new position in Pool in the 1st quarter valued at about $30,000. Versant Capital Management Inc lifted its holdings in 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 in the last quarter. Finally, Brooklyn Investment Group lifted its holdings in 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 in the last quarter. 98.99% of the stock is currently owned by hedge funds and other institutional investors.
Pool Stock Performance
POOL stock traded down $7.20 during trading on Friday, hitting $317.92. 1,985,959 shares of the company's stock traded hands, compared to its average volume of 456,218. The company has a quick ratio of 0.87, a current ratio of 2.52 and a debt-to-equity ratio of 0.93. Pool Corporation has a 52 week low of $282.22 and a 52 week high of $395.60. The stock has a fifty day moving average price of $315.34 and a two-hundred day moving average price of $310.73. The stock has a market capitalization of $11.86 billion, a price-to-earnings ratio of 29.33, a price-to-earnings-growth ratio of 4.51 and a beta of 1.08.
Pool (NASDAQ:POOL - Get Free Report) last released 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 firm had revenue of $1.78 billion during the quarter, compared to analyst estimates of $1.79 billion. Pool had a net margin of 7.79% and a return on equity of 30.99%. The firm's revenue for the quarter 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 anticipate that Pool Corporation will post 11.32 EPS for the current fiscal year.
Pool Dividend Announcement
The firm also recently declared a quarterly dividend, which was paid on Thursday, August 28th. Shareholders of record on Thursday, August 14th were issued a $1.25 dividend. This represents a $5.00 dividend on an annualized basis and a yield of 1.6%. The ex-dividend date of this dividend was Thursday, August 14th. Pool's dividend payout ratio is presently 46.13%.
Analysts Set New Price Targets
A number of research analysts have issued reports on the stock. Oppenheimer upped their target price on shares of Pool from $322.00 to $346.00 and gave the company an "outperform" rating in a report on Tuesday, July 29th. Wells Fargo & Company upped their target price on shares of Pool from $300.00 to $320.00 and gave the company an "equal weight" rating in a report on Tuesday, July 8th. Wall Street Zen upgraded shares of Pool from a "sell" rating to a "hold" rating in a report on Saturday, July 26th. Finally, Robert W. Baird increased their price objective on shares of Pool from $310.00 to $340.00 and gave the stock a "neutral" rating in a report on Friday, July 25th. Two research analysts have rated the stock with a Buy rating and five have issued a Hold rating to the company. According to data from MarketBeat.com, the stock presently has an average rating of "Hold" and an average target price of $342.14.
Read Our Latest Stock Report on Pool
Pool Company Profile
(
Free Report)
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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