Cullen Investment Group LTD. Cuts Stock Holdings in Pool Corporation $POOL

Cullen Investment Group LTD. reduced its stake in shares of Pool Corporation (NASDAQ:POOL) by 24.7% during the fourth quarter, Holdings Channel reports. The institutional investor owned 10,359 shares of the specialty retailer’s stock after selling 3,391 shares during the quarter. Cullen Investment Group LTD.’s holdings in Pool were worth $2,613,000 at the end of the most recent quarter.

Other large investors have also recently modified their holdings of the company. Root Financial Partners LLC bought a new stake in shares of Pool in the 3rd quarter valued at about $29,000. CYBER HORNET ETFs LLC bought a new position in Pool during the 2nd quarter worth approximately $30,000. MUFG Securities EMEA plc purchased a new position in Pool in the 2nd quarter worth approximately $33,000. Allworth Financial LP increased its stake in Pool by 133.3% in the 3rd quarter. Allworth Financial LP now owns 126 shares of the specialty retailer’s stock worth $39,000 after purchasing an additional 72 shares during the period. Finally, Geneos Wealth Management Inc. lifted its position in Pool by 164.4% in 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 last quarter. Hedge funds and other institutional investors own 98.99% of the company’s stock.

Insider Transactions at Pool

In related news, SVP Romain Kenneth G. St bought 5,560 shares of the business’s stock in a transaction dated Monday, February 23rd. The shares were purchased at an average price of $218.67 per share, with a total value of $1,215,805.20. Following the purchase, the senior vice president owned 82,845 shares of the company’s stock, valued at approximately $18,115,716.15. This trade represents a 7.19% increase in their position. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, Director De La Mesa Manuel J. Perez purchased 5,000 shares of Pool stock in a transaction that occurred on Friday, March 13th. The shares were bought at an average price of $205.00 per share, for a total transaction of $1,025,000.00. Following the transaction, the director directly owned 110,108 shares of the company’s stock, valued at $22,572,140. This trade represents a 4.76% increase in their ownership of the stock. Additional details regarding this purchase are available in the official SEC disclosure. Corporate insiders own 3.00% of the company’s stock.

Wall Street Analyst Weigh In

A number of research firms have recently weighed in on POOL. Stifel Nicolaus dropped their price objective on Pool from $240.00 to $232.00 and set a “hold” rating for the company in a research note on Monday, February 23rd. Cfra upgraded shares of Pool from a “hold” rating to a “buy” rating and set a $304.00 price target for the company in a report on Monday, December 22nd. Weiss Ratings reissued a “sell (d+)” rating on shares of Pool in a research report on Monday, December 29th. Deutsche Bank Aktiengesellschaft set a $246.00 price target on shares of Pool in a report on Friday, February 20th. Finally, Oppenheimer decreased their price objective on shares of Pool from $346.00 to $280.00 and set an “outperform” rating on the stock in a research report on Tuesday, February 24th. Five research analysts have rated the stock with a Buy rating, six have given a Hold rating and one has given a Sell rating to the company. According to MarketBeat, the stock presently has an average rating of “Hold” and a consensus price target of $281.50.

Pool Price Performance

Shares of POOL stock opened at $202.17 on Thursday. The firm has a market cap of $7.44 billion, a P/E ratio of 18.65, a P/E/G ratio of 2.54 and a beta of 1.25. Pool Corporation has a fifty-two week low of $197.68 and a fifty-two week high of $345.00. The business’s 50 day moving average price is $237.74 and its 200-day moving average price is $257.91. The company has a debt-to-equity ratio of 1.00, a quick ratio of 0.59 and a current ratio of 2.24.

Pool (NASDAQ:POOL) last announced its earnings results on Thursday, February 19th. The specialty retailer reported $0.84 EPS for the quarter, missing analysts’ consensus estimates of $0.99 by ($0.15). Pool had a net margin of 7.67% and a return on equity of 31.49%. The business had revenue of $982.21 million for the quarter, compared to the consensus estimate of $999.14 million. During the same quarter in the prior year, the company earned $0.97 EPS. Pool’s revenue was down .5% compared to the same quarter last year. Pool has set its FY 2026 guidance at 10.850-11.150 EPS. On average, equities research analysts anticipate that Pool Corporation will post 11.32 earnings per share for the current year.

Pool Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, March 26th. Shareholders of record on Thursday, March 12th will be issued a $1.25 dividend. The ex-dividend date is Thursday, March 12th. This represents a $5.00 annualized dividend and a yield of 2.5%. Pool’s dividend payout ratio is 46.13%.

Pool Company 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.