Pool Corporation $POOL Shares Sold by Montrusco Bolton Investments Inc.

by · The Cerbat Gem

Montrusco Bolton Investments Inc. reduced its stake in shares of Pool Corporation (NASDAQ:POOL – Free Report) by 16.4% in the 3rd quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 26,995 shares of the specialty retailer’s stock after selling 5,300 shares during the quarter. Montrusco Bolton Investments Inc. owned approximately 0.07% of Pool worth $4,370,000 as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in POOL. Deprince Race & Zollo Inc. increased its stake in shares of Pool by 197.5% in the first quarter. Deprince Race & Zollo Inc. now owns 170,676 shares of the specialty retailer’s stock worth $34,533,000 after acquiring an additional 113,306 shares during the last quarter. Stanley Capital Management LLC purchased a new stake in shares of Pool during the second quarter worth $13,324,000. Freestone Grove Partners LP acquired a new stake in Pool during the second quarter valued at $2,448,000. Bank of America Corp DE boosted its position in Pool by 48.0% during the first quarter. Bank of America Corp DE now owns 261,402 shares of the specialty retailer’s stock valued at $52,889,000 after purchasing an additional 84,817 shares during the last quarter. Finally, Public Employees Retirement System of Ohio acquired a new stake in Pool during the second quarter valued at $1,970,000. 98.99% of the stock is owned by hedge funds and other institutional investors.

Pool Stock Performance

Shares of NASDAQ:POOL traded up $1.89 during trading on Tuesday, reaching $160.60. The stock had a trading volume of 600,633 shares, compared to its average volume of 859,405. Pool Corporation has a 52 week low of $152.70 and a 52 week high of $305.63. The firm has a market capitalization of $5.84 billion, a price-to-earnings ratio of 14.77, a P/E/G ratio of 2.24 and a beta of 1.05. The company has a quick ratio of 0.91, a current ratio of 2.67 and a debt-to-equity ratio of 1.05. The stock has a fifty day simple moving average of $178.87 and a two-hundred day simple moving average of $192.48.

Pool (NASDAQ:POOL – Get Free Report) last posted its earnings results on Thursday, July 23rd. The specialty retailer reported $5.38 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $5.33 by $0.05. The business had revenue of $1.82 billion for the quarter, compared to analyst estimates of $1.82 billion. Pool had a net margin of 7.40% and a return on equity of 32.74%. Pool’s revenue was up 2.2% compared to the same quarter last year. During the same period last year, the business posted $5.17 EPS. Pool has set its FY 2026 guidance at 10.660-10.960 EPS. As a group, analysts anticipate that Pool Corporation will post 10.94 earnings per share for the current fiscal year.

Pool Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Thursday, August 27th. Stockholders of record on Thursday, August 13th were given a $1.30 dividend. This represents a $5.20 annualized dividend and a dividend yield of 3.2%. The ex-dividend date of this dividend was Thursday, August 13th. Pool’s dividend payout ratio (DPR) is currently 47.84%.

Analyst Ratings Changes

POOL has been the topic of several research reports. Deutsche Bank Aktiengesellschaft set a $185.00 target price on Pool in a research report on Friday, July 24th. Weiss Ratings reiterated a “sell (d+)” rating on shares of Pool in a report on Tuesday, August 11th. DA Davidson assumed coverage on Pool in a research note on Monday, August 24th. They issued a “neutral” rating and a $210.00 price target for the company. Oppenheimer dropped their price objective on Pool from $280.00 to $227.00 and set an “outperform” rating on the stock in a report on Friday, July 24th. Finally, Robert W. Baird set a $260.00 price objective on Pool in a report on Friday, July 24th. Five analysts have rated the stock with a Buy rating, five have issued a Hold rating and two have issued a Sell rating to the company. According to data from MarketBeat.com, the company presently has an average rating of “Hold” and an average target price of $230.10.

Check Out Our Latest Stock Report on POOL

Pool Company Profile

(Free Report)

Pool Corporation (NASDAQ:POOL) is a distributor of swimming pool supplies, equipment and related products. The company serves professional pool contractors, retailers, builders and service providers, supplying products used to build, renovate, maintain and repair residential and commercial pools.

Its product offerings include pool chemicals, pumps, filters, heaters, cleaners, lighting, replacement parts and safety equipment. Pool also distributes products related to irrigation, landscaping and outdoor living, including patio and recreational products that complement pool installations and backyard projects.

Founded in 1993 and headquartered in Covington, Louisiana, Pool Corporation serves customers through a network of distribution centers and sales locations across North America, Europe and Australia.

Recommended Stories

Want to see what other hedge funds are holding POOL? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Pool Corporation (NASDAQ:POOL – Free Report).