Sumitomo Mitsui Trust Group Inc. Has $387,000 Stake in Pool Corporation $POOL

Sumitomo Mitsui Trust Group Inc. significantly reduced its stake in Pool Corporation (NASDAQ:POOL) by 97.8% in Q4, ending with 1,690 shares valued at $387,000. Despite Pool missing Q4 earnings and revenue estimates, management provided FY2026 guidance signaling confidence, partially due to growth opportunities in product innovation like AI-powered robotic pool cleaners. Insider trading showed mixed signals with the CFO selling shares while a Senior VP purchased a larger amount, and institutional investors now hold a substantial 98.99% of the company’s stock.

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