Pool Corporation's Trading Volume Surges 89.37% to $196 Million, Ranks 494th in Daily Turnover

Generated by AI AgentAinvest Volume Radar
Thursday, Jun 5, 2025 7:37 pm ET1min read

On June 5, 2025,

(POOL) experienced a significant increase in trading volume, with a turnover of $196 million, marking an 89.37% rise from the previous day. This surge placed Pool in the 494th position in terms of daily trading volume. However, despite the high trading volume, Pool's stock price decreased by 0.31%.

Pool Corporation's shares have been on an upward trajectory since the start of the summer swim season, driven by consumer enthusiasm for pool projects. However, the company recently missed its Q1 earnings and revenue estimates, reporting earnings and revenue surprises of -7.04% and 2.03%, respectively.

Millennium Management LLC reduced its holdings in Pool Corporation by 20.4% in the fourth quarter, selling 1,321 shares. Several other institutional investors also adjusted their positions in the company, with some increasing their stakes while others decreased theirs. Institutional investors and hedge funds collectively own 98.99% of Pool's stock.

Analysts have recently issued varied reports on Pool's stock. Stephens reduced their price target from $400.00 to $350.00 and maintained an "overweight" rating. Stifel Nicolaus set a $300.00 target price, while Deutsche Bank Aktiengesellschaft initiated coverage with a "hold" rating and a $344.00 price target. Wall Street Zen downgraded Pool from a "hold" to a "sell" rating, and Robert W. Baird lowered their price objective from $325.00 to $310.00 with a "neutral" rating. The consensus rating among analysts is "Hold," with an average price target of $336.22.

In related news, SVP Jennifer M. Neil sold 1,223 shares of the stock on March 31st, reducing her position by 11.23%. Insiders collectively own 3.00% of the company's stock. Pool Corporation recently announced a quarterly dividend of $1.25 per share, representing a 1.62% dividend yield. The company also initiated a stock repurchase program, authorizing the buyback of up to $600.00 million in outstanding shares, indicating that the board believes the stock is undervalued.

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