BLI Banque de Luxembourg Investments Has $9.55 Million Stake in Pool Corporation $POOL

BLI Banque de Luxembourg Investments decreased its position in Pool Corporation (NASDAQ:POOL) by 6.8% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 41,300 shares of the specialty retailer’s stock after selling 3,000 shares during the period. BLI Banque de Luxembourg Investments’ holdings in Pool were worth $9,545,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also bought and sold shares of POOL. Jacobs Levy Equity Management Inc. acquired a new position in Pool in the first quarter valued at $400,000. Millennium Management LLC lifted its holdings in Pool by 237.9% in the first quarter. Millennium Management LLC now owns 17,390 shares of the specialty retailer’s stock valued at $5,536,000 after buying an additional 12,244 shares during the period. Empowered Funds LLC acquired a new position in Pool in the first quarter valued at $639,000. Geneos Wealth Management Inc. raised its holdings in shares of Pool by 164.4% during the first quarter. Geneos Wealth Management Inc. now owns 156 shares of the specialty retailer’s stock valued at $50,000 after purchasing an additional 97 shares during the period. Finally, Acadian Asset Management LLC raised its holdings in shares of Pool by 201.2% during the first quarter. Acadian Asset Management LLC now owns 2,012 shares of the specialty retailer’s stock valued at $639,000 after purchasing an additional 1,344 shares during the period. Institutional investors and hedge funds own 98.99% of the company’s stock.

Insider Buying and Selling at Pool

In other Pool news, Director David G. Whalen bought 525 shares of the stock in a transaction that occurred on Friday, May 8th. The shares were bought at an average price of $190.44 per share, for a total transaction of $99,981.00. Following the acquisition, the director directly owned 8,936 shares of the company’s stock, valued at approximately $1,701,771.84. The trade was a 6.24% increase in their position. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director De La Mesa Manuel J. Perez bought 10,000 shares of the stock in a transaction that occurred on Wednesday, May 13th. The stock was acquired at an average price of $175.95 per share, for a total transaction of $1,759,500.00. Following the acquisition, the director directly owned 40,108 shares in the company, valued at $7,057,002.60. The trade was a 33.21% increase in their ownership of the stock. The SEC filing for this purchase provides additional information. Over the last 90 days, insiders have purchased 26,989 shares of company stock worth $5,067,747. 3.00% of the stock is currently owned by insiders.

Pool Trading Down 2.5%

POOL opened at $180.95 on Tuesday. The company has a debt-to-equity ratio of 1.09, a current ratio of 1.87 and a quick ratio of 0.55. Pool Corporation has a fifty-two week low of $172.68 and a fifty-two week high of $345.00. The firm has a market capitalization of $6.59 billion, a PE ratio of 16.65, a P/E/G ratio of 2.35 and a beta of 1.10. The company’s 50-day moving average is $199.12 and its 200 day moving average is $224.28.

Pool (NASDAQ:POOL) last posted its earnings results on Thursday, April 23rd. The specialty retailer reported $1.43 earnings per share for the quarter, topping analysts’ consensus estimates of $1.34 by $0.09. Pool had a net margin of 7.57% and a return on equity of 32.37%. The company had revenue of $1.14 billion for the quarter, compared to analyst estimates of $1.82 billion. During the same quarter in the prior year, the business posted $1.32 EPS. The firm’s revenue was up 6.2% compared to the same quarter last year. Pool has set its FY 2026 guidance at 10.870-11.170 EPS. As a group, research analysts predict that Pool Corporation will post 11.08 earnings per share for the current fiscal year.

Pool announced that its Board of Directors has initiated a share buyback program on Wednesday, April 29th that permits the company to repurchase $600.00 million in shares. This repurchase authorization permits the specialty retailer to purchase up to 7.8% of its shares through open market purchases. Shares repurchase programs are often a sign that the company’s board believes its stock is undervalued.

Pool Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Thursday, May 28th. Investors of record on Thursday, May 14th were issued a $1.30 dividend. The ex-dividend date was Thursday, May 14th. This represents a $5.20 dividend on an annualized basis and a dividend yield of 2.9%. This is a boost from Pool’s previous quarterly dividend of $1.25. Pool’s dividend payout ratio (DPR) is currently 47.84%.

Analysts Set New Price Targets

Several equities analysts have recently weighed in on POOL shares. Wall Street Zen upgraded shares of Pool from a “sell” rating to a “hold” rating in a report on Monday, April 27th. Weiss Ratings lowered shares of Pool from a “hold (c-)” rating to a “sell (d+)” rating in a report on Thursday, May 14th. Oppenheimer dropped their price objective on shares of Pool from $346.00 to $280.00 and set an “outperform” rating on the stock in a report on Tuesday, February 24th. Wells Fargo & Company dropped their price objective on shares of Pool from $230.00 to $215.00 and set an “equal weight” rating on the stock in a report on Wednesday, April 8th. Finally, Deutsche Bank Aktiengesellschaft set a $246.00 price objective on shares of Pool in a report on Friday, February 20th. Four investment analysts have rated the stock with a Buy rating, six have given a Hold rating and two have given a Sell rating to the stock. According to data from MarketBeat, the stock presently has an average rating of “Hold” and an average target price of $261.38.

About Pool

Pool Corporation is a leading wholesale distributor of swimming pool supplies, equipment, and related outdoor living products. Headquartered in Covington, Louisiana, the company serves a diverse customer base that includes service professionals, independent retailers, high-volume builders, and national retail chains. Pool Corporation’s extensive branch network enables it to maintain strong local customer relationships while leveraging its scale to source products efficiently from manufacturers around the world.

The company’s product portfolio spans pool and spa chemicals, water treatment equipment, pumps, filters, heaters, automation and control systems, liners, safety covers, and cleaning accessories.