BLI Banque de Luxembourg Investments Has $9.55 Million Stake in Pool Corporation $POOL

BLI Banque de Luxembourg Investments decreased its position in Pool Corporation (NASDAQ:POOL) by 6.8% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 41,300 shares of the specialty retailer’s stock after selling 3,000 shares during the quarter. BLI Banque de Luxembourg Investments owned 0.11% of Pool worth $9,545,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Clearstead Advisors LLC grew its holdings in shares of Pool by 100.0% in the 4th quarter. Clearstead Advisors LLC now owns 122 shares of the specialty retailer’s stock valued at $28,000 after acquiring an additional 61 shares in the last quarter. Private Trust Co. NA grew its holdings in shares of Pool by 78.6% in the 4th quarter. Private Trust Co. NA now owns 125 shares of the specialty retailer’s stock valued at $29,000 after acquiring an additional 55 shares in the last quarter. CYBER HORNET ETFs LLC bought a new position in shares of Pool in the 2nd quarter valued at about $30,000. Covestor Ltd grew its holdings in shares of Pool by 348.4% in the 4th quarter. Covestor Ltd now owns 139 shares of the specialty retailer’s stock valued at $32,000 after acquiring an additional 108 shares in the last quarter. Finally, MUFG Securities EMEA plc bought a new position in shares of Pool in the 2nd quarter valued at about $33,000. Institutional investors and hedge funds own 98.99% of the company’s stock.

Analysts Set New Price Targets

A number of equities analysts recently commented on the company. Oppenheimer reduced their price target on Pool from $346.00 to $280.00 and set an “outperform” rating for the company in a report on Tuesday, February 24th. Wall Street Zen upgraded Pool from a “sell” rating to a “hold” rating in a report on Monday, April 27th. Bank of America reduced their price target on Pool from $229.00 to $226.00 and set an “underperform” rating for the company in a report on Monday, April 20th. Weiss Ratings cut Pool from a “hold (c-)” rating to a “sell (d+)” rating in a report on Thursday, May 14th. Finally, Wells Fargo & Company reduced their price target on Pool from $230.00 to $215.00 and set an “equal weight” rating for the company in a report on Wednesday, April 8th. Four investment analysts have rated the stock with a Buy rating, six have assigned a Hold rating and two have given a Sell rating to the stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and an average price target of $261.38.

Pool Stock Down 2.5%

NASDAQ POOL opened at $180.95 on Tuesday. 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 50 day moving average of $199.12 and a 200-day moving average of $224.28. The company has a market cap of $6.59 billion, a price-to-earnings ratio of 16.65, a PEG ratio of 2.35 and a beta of 1.10.

Pool (NASDAQ:POOL) last announced its quarterly earnings data on Thursday, April 23rd. The specialty retailer reported $1.43 EPS for the quarter, beating the consensus estimate of $1.34 by $0.09. Pool had a net margin of 7.57% and a return on equity of 32.37%. The business had revenue of $1.14 billion during 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 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. On average, equities research analysts expect 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. Shareholders of record on Thursday, May 14th were given a dividend of $1.30 per share. This is an increase from Pool’s previous quarterly dividend of $1.25. This represents a $5.20 annualized dividend and a yield of 2.9%. The ex-dividend date was Thursday, May 14th. Pool’s dividend payout ratio (DPR) is presently 47.84%.

Pool announced that its Board of Directors has authorized a stock repurchase program on Wednesday, April 29th that allows the company to repurchase $600.00 million in outstanding shares. This repurchase authorization allows the specialty retailer to reacquire up to 7.8% of its shares through open market purchases. Shares repurchase programs are typically an indication that the company’s leadership believes its stock is undervalued.

Insider Activity

In other Pool news, Director De La Mesa Manuel J. Perez acquired 10,000 shares of Pool stock in a transaction that occurred on Wednesday, May 13th. The shares were bought at an average price of $175.95 per share, with a total value of $1,759,500.00. Following the completion of the purchase, the director directly owned 40,108 shares in the company, valued at $7,057,002.60. This trade represents a 33.21% increase in their position. The acquisition was disclosed in a document filed with the SEC, which is available at the SEC website. Also, Director James D. Hope acquired 464 shares of Pool stock in a transaction that occurred on Thursday, May 7th. The stock was acquired at an average cost of $194.41 per share, for a total transaction of $90,206.24. Following the purchase, the director owned 3,678 shares of the company’s stock, valued at $715,039.98. The trade was a 14.44% increase in their ownership of the stock. Additional details regarding this purchase are available in the official SEC disclosure. Insiders have acquired 26,989 shares of company stock valued at $5,067,747 in the last three months. Company insiders own 3.00% of the company’s stock.

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.