Oppenheimer Asset Management Inc. Buys Shares of 42,318 Pool Corporation $POOL

Oppenheimer Asset Management Inc. bought a new stake in Pool Corporation (NASDAQ:POOL) during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor bought 42,318 shares of the specialty retailer’s stock, valued at approximately $9,094,000.

Several other institutional investors and hedge funds also recently made changes to their positions in POOL. Annis Gardner Whiting Capital Advisors LLC grew its position in shares of Pool by 20.0% during the fourth quarter. Annis Gardner Whiting Capital Advisors LLC now owns 270 shares of the specialty retailer’s stock worth $62,000 after buying an additional 45 shares in the last quarter. Wealthspire Advisors LLC raised its holdings in Pool by 4.8% in the fourth quarter. Wealthspire Advisors LLC now owns 1,051 shares of the specialty retailer’s stock valued at $240,000 after acquiring an additional 48 shares in the last quarter. Pacer Advisors Inc. raised its holdings in Pool by 1.5% in the first quarter. Pacer Advisors Inc. now owns 3,384 shares of the specialty retailer’s stock valued at $685,000 after acquiring an additional 51 shares in the last quarter. Snowden Capital Advisors LLC boosted its stake in Pool by 4.8% during the 2nd quarter. Snowden Capital Advisors LLC now owns 1,163 shares of the specialty retailer’s stock valued at $339,000 after acquiring an additional 53 shares during the last quarter. Finally, Private Trust Co. NA boosted its stake in Pool by 78.6% during 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 during the last quarter. 98.99% of the stock is currently owned by hedge funds and other institutional investors.

Pool Stock Performance

Shares of POOL opened at $194.84 on Friday. The stock has a market capitalization of $7.08 billion, a PE ratio of 17.92, a price-to-earnings-growth ratio of 2.71 and a beta of 1.06. The business’s fifty day moving average price is $200.49 and its 200 day moving average price is $209.96. The company has a debt-to-equity ratio of 1.05, a current ratio of 2.67 and a quick ratio of 0.91. Pool Corporation has a 12-month low of $172.68 and a 12-month high of $336.15.

Pool (NASDAQ:POOL) last released its earnings results on Thursday, July 23rd. The specialty retailer reported $5.38 earnings per share for the quarter, beating the consensus estimate of $5.33 by $0.05. The firm had revenue of $1.82 billion during 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%. The firm’s revenue for the quarter was up 2.2% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $5.17 earnings per share. Pool has set its FY 2026 guidance at 10.660-10.960 EPS. Equities research analysts forecast that Pool Corporation will post 10.95 EPS for the current year.

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

Pool Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Thursday, August 27th. Stockholders of record on Thursday, August 13th will be issued a $1.30 dividend. The ex-dividend date of this dividend is Thursday, August 13th. This represents a $5.20 annualized dividend and a dividend yield of 2.7%. Pool’s payout ratio is 47.84%.

Key Headlines Impacting Pool

Here are the key news stories impacting Pool this week:

• Positive Sentiment: Pool remains valued as a potential value investment within the Leisure and Recreation Products sector. A comparison with YETI may draw attention to POOL’s valuation, although the article does not provide a definitive conclusion favoring either stock. YETI vs. POOL: Which Stock Is the Better Value Option?
• Neutral Sentiment: Zacks Research maintained a Hold rating on POOL. The current full-year consensus estimate remains $10.95 in earnings per share, while its forecasts call for $11.71 EPS in fiscal 2027 and $12.92 EPS in fiscal 2028.
• Negative Sentiment: Zacks cut its EPS estimates across multiple periods: third-quarter 2026 to $3.33 from $3.46, fourth-quarter 2026 to $0.77 from $0.81, and first-quarter 2027 to $1.52 from $1.59.
• Negative Sentiment: The research firm also reduced its second-quarter 2027 estimate to $5.69 from $5.86, second-quarter 2028 to $6.21 from $6.29, fiscal 2027 to $11.71 from $11.94, and fiscal 2028 to $12.92 from $13.02. The broad-based downward revisions likely contributed to investor caution because they imply softer earnings potential than previously expected.

Wall Street Analysts Forecast Growth

Several research firms have recently weighed in on POOL. Deutsche Bank Aktiengesellschaft set a $185.00 target price on shares of Pool in a research report on Friday, July 24th. Weiss Ratings reaffirmed a “sell (d+)” rating on shares of Pool in a research report on Tuesday. Zacks Research upgraded Pool from a “strong sell” rating to a “hold” rating in a research note on Monday, April 27th. Stifel Nicolaus decreased their price target on Pool from $235.00 to $189.00 and set a “hold” rating for the company in a research note 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, six have issued a Hold rating and two have given a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Hold” and a consensus price target of $235.67.

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.