Sanctuary Advisors LLC Purchases 2,884 Shares of Pool Corporation $POOL

Sanctuary Advisors LLC grew its position in Pool Corporation (NASDAQ:POOL) by 34.8% during the 1st quarter, according to the company in its most recent disclosure with the SEC. The firm owned 11,177 shares of the specialty retailer’s stock after purchasing an additional 2,884 shares during the period. Sanctuary Advisors LLC’s holdings in Pool were worth $2,261,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the company. CYBER HORNET ETFs LLC bought a new stake in shares of Pool in the 2nd quarter valued at $30,000. MUFG Securities EMEA plc acquired a new stake in Pool during the 2nd quarter worth $33,000. Clearstead Advisors LLC lifted its holdings in Pool by 100.0% during the fourth quarter. Clearstead Advisors LLC now owns 122 shares of the specialty retailer’s stock worth $28,000 after acquiring an additional 61 shares in the last quarter. Private Trust Co. NA lifted its holdings in Pool by 78.6% during the fourth quarter. Private Trust Co. NA now owns 125 shares of the specialty retailer’s stock worth $29,000 after acquiring an additional 55 shares in the last quarter. Finally, Allworth Financial LP lifted its holdings in Pool by 133.3% during the third quarter. Allworth Financial LP now owns 126 shares of the specialty retailer’s stock worth $39,000 after acquiring an additional 72 shares in the last quarter. 98.99% of the stock is owned by institutional investors.

Insider Transactions at Pool

In other news, Director James D. Hope bought 464 shares of the company’s stock in a transaction that occurred on Thursday, May 7th. The shares were acquired at an average price of $194.41 per share, with a total value of $90,206.24. Following the transaction, the director owned 3,678 shares in the company, valued at $715,039.98. This represents a 14.44% increase in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, Director De La Mesa Manuel J. Perez purchased 10,000 shares of Pool stock in a transaction on Wednesday, May 13th. The shares were purchased at an average cost of $175.95 per share, with a total value of $1,759,500.00. Following the transaction, the director owned 40,108 shares in the company, valued at approximately $7,057,002.60. The trade was a 33.21% increase in their ownership of the stock. The disclosure for this purchase is available in the SEC filing. Insiders acquired a total of 21,989 shares of company stock worth $4,042,747 in the last 90 days. 3.00% of the stock is owned by corporate insiders.

Analyst Ratings Changes

Several equities research analysts have issued reports on POOL shares. Zacks Research upgraded Pool from a “strong sell” rating to a “hold” rating in a report on Monday, April 27th. Wall Street Zen upgraded Pool from a “sell” rating to a “hold” rating in a report on Monday, April 27th. Weiss Ratings lowered Pool from a “hold (c-)” rating to a “sell (d+)” rating in a research report on Thursday, May 14th. Wells Fargo & Company lowered their target price on Pool from $230.00 to $215.00 and set an “equal weight” rating for the company in a research note on Wednesday, April 8th. Finally, Bank of America dropped their target price on shares of Pool from $226.00 to $206.00 and set an “underperform” rating on the stock in a report on Monday. Four analysts have rated the stock with a Buy rating, six have assigned a Hold rating and two have assigned a Sell rating to the company’s stock. According to MarketBeat.com, the stock has a consensus rating of “Hold” and a consensus target price of $262.00.

Pool Price Performance

Shares of NASDAQ POOL opened at $196.36 on Wednesday. The firm has a market cap of $7.16 billion, a PE ratio of 18.06, a PEG ratio of 2.55 and a beta of 1.05. The company has a current ratio of 1.87, a quick ratio of 0.55 and a debt-to-equity ratio of 1.09. Pool Corporation has a 1-year low of $172.68 and a 1-year high of $345.00. The company has a fifty day moving average price of $195.36 and a 200 day moving average price of $217.05.

Pool (NASDAQ:POOL) last released its earnings results on Thursday, April 23rd. The specialty retailer reported $1.43 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.34 by $0.09. Pool had a return on equity of 32.37% and a net margin of 7.57%.The firm had revenue of $1.14 billion during the quarter, compared to analysts’ expectations of $1.82 billion. During the same quarter in the prior year, the company earned $1.32 EPS. The company’s revenue was up 6.2% on a year-over-year basis. Pool has set its FY 2026 guidance at 10.870-11.170 EPS. Research analysts predict that Pool Corporation will post 11.07 earnings per share for the current fiscal year.

Pool declared that its Board of Directors has approved a stock buyback program on Wednesday, April 29th that allows the company to buyback $600.00 million in shares. This buyback authorization allows the specialty retailer to reacquire up to 7.8% of its stock through open market purchases. Stock buyback programs are typically a sign that the company’s management believes its stock is undervalued.

Pool Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Thursday, May 28th. Investors of record on Thursday, May 14th were issued a dividend of $1.30 per share. The ex-dividend date was Thursday, May 14th. This is a boost from Pool’s previous quarterly dividend of $1.25. This represents a $5.20 dividend on an annualized basis and a dividend yield of 2.6%. Pool’s dividend payout ratio is 47.84%.

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.