SG Americas Securities LLC Sells 8,801 Shares of Pool Corporation $POOL

SG Americas Securities LLC trimmed its stake in Pool Corporation (NASDAQ:POOL) by 10.9% in the 1st quarter, HoldingsChannel reports. The firm owned 71,919 shares of the specialty retailer’s stock after selling 8,801 shares during the period. SG Americas Securities LLC’s holdings in Pool were worth $14,551,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors also recently bought and sold shares of POOL. Strong Tower Advisory Services lifted its position in Pool by 9.0% during the first quarter. Strong Tower Advisory Services now owns 4,200 shares of the specialty retailer’s stock valued at $850,000 after purchasing an additional 347 shares in the last quarter. Genesis Private Wealth LLC bought a new position in shares of Pool in the first quarter worth about $245,000. Diversified Trust Co bought a new position in shares of Pool during the 1st quarter valued at approximately $441,000. Rockefeller Capital Management L.P. increased its stake in shares of Pool by 3,879.1% in the fourth quarter. Rockefeller Capital Management L.P. now owns 33,942 shares of the specialty retailer’s stock worth $7,764,000 after purchasing an additional 33,089 shares in the last quarter. Finally, Corient Private Wealth LLC lifted its stake in shares of Pool by 1,719.3% during the 4th quarter. Corient Private Wealth LLC now owns 133,738 shares of the specialty retailer’s stock valued at $30,593,000 after buying an additional 126,387 shares in the last quarter. 98.99% of the stock is owned by institutional investors.

Analyst Ratings Changes

A number of equities research analysts have issued reports on the company. Weiss Ratings lowered Pool from a “hold (c-)” rating to a “sell (d+)” rating in a research note on Thursday, May 14th. Wall Street Zen raised Pool from a “sell” rating to a “hold” rating in a research note on Monday, April 27th. Zacks Research upgraded Pool from a “strong sell” rating to a “hold” rating in a research report on Monday, April 27th. Bank of America lowered their price target on Pool from $229.00 to $226.00 and set an “underperform” rating on the stock in a report on Monday, April 20th. Finally, Wells Fargo & Company dropped their price target 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. Four research analysts have rated the stock with a Buy rating, six have assigned a Hold rating and two have assigned a Sell rating to the stock. Based on data from MarketBeat.com, Pool presently has an average rating of “Hold” and a consensus target price of $261.38.

Insider Transactions at Pool

In other news, Director John E. Stokely bought 1,000 shares of the stock in a transaction dated Thursday, May 7th. The stock was purchased at an average cost of $193.06 per share, for a total transaction of $193,060.00. Following the transaction, the director owned 16,230 shares of the company’s stock, valued at $3,133,363.80. The trade was a 6.57% increase in their ownership of the stock. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, Director James D. Hope bought 464 shares of the business’s stock in a transaction that occurred on Thursday, May 7th. The stock was acquired at an average cost of $194.41 per share, with a total value of $90,206.24. Following the completion of the acquisition, the director owned 3,678 shares of the company’s stock, valued at $715,039.98. This represents a 14.44% increase in their position. The SEC filing for this purchase provides additional information. Insiders have bought a total of 21,989 shares of company stock valued at $4,042,747 over the last quarter. 3.00% of the stock is owned by insiders.

Pool Stock Up 1.0%

POOL opened at $207.38 on Friday. The company has a market capitalization of $7.56 billion, a PE ratio of 19.08, a price-to-earnings-growth ratio of 2.60 and a beta of 1.10. The firm has a 50-day simple moving average of $196.47 and a two-hundred day simple moving average of $220.20. The company has a quick ratio of 0.55, a current ratio of 1.87 and a debt-to-equity ratio of 1.09. Pool Corporation has a 52 week low of $172.68 and a 52 week high of $345.00.

Pool (NASDAQ:POOL) last posted its earnings results on Thursday, April 23rd. The specialty retailer reported $1.43 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 company had revenue of $1.14 billion for the quarter, compared to the consensus estimate of $1.82 billion. During the same period in the previous year, the business earned $1.32 earnings per share. The firm’s revenue for the quarter was up 6.2% on a year-over-year basis. Pool has set its FY 2026 guidance at 10.870-11.170 EPS. Analysts forecast that Pool Corporation will post 11.08 earnings per share for the current fiscal year.

Pool Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Thursday, May 28th. Stockholders of record on Thursday, May 14th were issued a dividend of $1.30 per share. This is a positive change from Pool’s previous quarterly dividend of $1.25. The ex-dividend date of this dividend was Thursday, May 14th. This represents a $5.20 annualized dividend and a dividend yield of 2.5%. Pool’s payout ratio is currently 47.84%.

Pool declared that its Board of Directors has approved a share buyback plan on Wednesday, April 29th that allows the company to repurchase $600.00 million in shares. This repurchase authorization allows the specialty retailer to buy up to 7.8% of its shares through open market purchases. Shares repurchase plans are generally an indication that the company’s management believes its shares are undervalued.

Key Stories Impacting Pool

Here are the key news stories impacting Pool this week:

• Neutral Sentiment: Recent short-interest data showed 0 shares short as of June 25, with no meaningful change from the prior period. That suggests there is currently little bearish short pressure on the stock. Pool Corporation stock and news page
• Neutral Sentiment: No new earnings, guidance, acquisition, or analyst update was included in the latest articles for Pool Corporation, so there is no obvious fundamental catalyst explaining the move today.
• Neutral Sentiment: The other headlines in the feed about “reflecting pool” incidents, litigation, and unrelated company announcements are not connected to Pool Corporation and should not be viewed as drivers of POOL stock.

Pool Profile

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.