Illinois Municipal Retirement Fund Makes New Investment in Pool Corporation $POOL

Illinois Municipal Retirement Fund bought a new stake in shares of Pool Corporation (NASDAQ:POOL) during the 3rd quarter, Holdings Channel.com reports. The firm bought 17,263 shares of the specialty retailer’s stock, valued at approximately $2,794,000.

A number of other institutional investors have also recently added to or reduced their stakes in the business. Formuepleje A S raised its position in Pool by 8.2% in the second quarter. Formuepleje A S now owns 157,327 shares of the specialty retailer’s stock valued at $33,810,000 after purchasing an additional 11,868 shares during the period. Stanley Capital Management LLC acquired a new position in shares of Pool during the second quarter worth about $13,324,000. Freestone Grove Partners LP acquired a new position in shares of Pool during the second quarter worth about $2,448,000. Bank of America Corp DE boosted its position in shares of Pool by 48.0% in the first quarter. Bank of America Corp DE now owns 261,402 shares of the specialty retailer’s stock worth $52,889,000 after buying an additional 84,817 shares during the period. Finally, Public Employees Retirement System of Ohio purchased a new stake in shares of Pool in the second quarter worth about $1,970,000. 98.99% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

A number of equities research analysts have recently issued reports on the company. Stephens increased their target price on Pool from $200.00 to $230.00 and gave the company an “overweight” rating in a research note on Friday, October 23rd. Bank of America dropped their target price on Pool from $226.00 to $206.00 and set an “underperform” rating on the stock in a report on Monday, July 20th. Deutsche Bank set a $185.00 price target on Pool in a research report on Friday, July 24th. Weiss Ratings restated a “sell (d+)” rating on shares of Pool in a report on Wednesday, November 4th. Finally, Oppenheimer decreased their price target on Pool from $280.00 to $227.00 and set an “outperform” rating for the company in a report on Friday, July 24th. Five research analysts have rated the stock with a Buy rating, five have issued a Hold rating and three have issued a Sell rating to the company. According to MarketBeat, Pool currently has a consensus rating of “Hold” and a consensus price target of $227.70.

Pool Stock Up 0.9%

POOL traded up $1.96 during trading hours on Friday, reaching $216.20. 433,585 shares of the stock traded hands, compared to its average volume of 828,416. The firm’s fifty day simple moving average is $180.76 and its two-hundred day simple moving average is $200.43. The company has a market cap of $7.72 billion, a price-to-earnings ratio of 19.89, a PEG ratio of 3.25 and a beta of 0.93. Pool Corporation has a fifty-two week low of $152.70 and a fifty-two week high of $278.17. The company has a debt-to-equity ratio of 0.93, a current ratio of 2.46 and a quick ratio of 0.86.

Pool (NASDAQ:POOL) last released its quarterly earnings results on Thursday, October 22nd. The specialty retailer reported $3.40 earnings per share (EPS) for the quarter, topping the consensus estimate of $3.36 by $0.04. Pool had a net margin of 7.27% and a return on equity of 33.50%. The firm had revenue of $1.50 billion for the quarter, compared to the consensus estimate of $1.48 billion. During the same quarter in the previous year, the firm posted $3.39 EPS. The firm’s quarterly revenue was up 3.7% on a year-over-year basis. As a group, analysts forecast that Pool Corporation will post 10.95 earnings per share for the current fiscal year.

Pool Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, November 25th. Shareholders of record on Wednesday, November 11th will be given a $1.30 dividend. This represents a $5.20 dividend on an annualized basis and a yield of 2.4%. The ex-dividend date of this dividend is Tuesday, November 10th. Pool’s dividend payout ratio is presently 47.84%.

Key Stories Impacting Pool

These are some of the POOL stories that stood out recently:

• Positive Sentiment: Zacks Research raised its Q4 2027 EPS estimate to $0.92 from $0.84. Pool Corporation analyst estimates
• Negative Sentiment: Zacks cut estimates across multiple periods, including FY2027 EPS to $11.28 from $11.71 and FY2028 EPS to $12.19 from $12.92. It also lowered forecasts for FY2026 and several quarters in 2027–28. The broad revisions suggest a softer earnings outlook and may weigh on investor sentiment. Pool Corporation analyst estimates

Pool Profile

Pool Corporation, doing business as POOL, is a wholesale distributor of swimming pool and related outdoor living products. It supplies pool builders, service companies, retailers and other professionals with products used to construct, maintain, repair and renovate swimming pools. Its offerings include pool and spa equipment, chemicals, parts, maintenance supplies and accessories, as well as products for outdoor living and, in some markets, irrigation and landscape applications. Pool Corporation distributes these products through a network of sales centers and distribution facilities.