Compass Wealth Management LLC Takes $3.06 Million Position in Pool Corporation $POOL

Compass Wealth Management LLC purchased a new position in shares of Pool Corporation (NASDAQ:POOL) during the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund purchased 14,229 shares of the specialty retailer’s stock, valued at approximately $3,058,000.

Several other large investors have also recently added to or reduced their stakes in POOL. Stevens Capital Partners purchased a new stake in Pool in the 2nd quarter valued at approximately $2,989,000. Diversify Advisory Services LLC purchased a new position in shares of Pool during the 2nd quarter worth approximately $969,000. Alpine Woods Capital Investors LLC acquired a new stake in shares of Pool in the 2nd quarter valued at approximately $267,000. Meeder Advisory Services Inc. purchased a new stake in shares of Pool in the second quarter valued at approximately $246,000. Finally, Citizens Financial Group Inc. RI purchased a new stake in shares of Pool in the second quarter valued at approximately $532,000. 98.99% of the stock is owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

Several research firms have issued reports on POOL. Zacks Research upgraded Pool from a “strong sell” rating to a “hold” rating in a research report on Monday, April 27th. Oppenheimer decreased their target price on shares of Pool from $280.00 to $227.00 and set an “outperform” rating on the stock in a research report on Friday, July 24th. Weiss Ratings reaffirmed a “sell (d+)” rating on shares of Pool in a research note on Tuesday, August 11th. Stephens reduced their price objective on shares of Pool from $290.00 to $225.00 and set an “overweight” rating for the company in a research note on Friday, July 24th. Finally, Bank of America lowered their target price on shares of Pool from $226.00 to $206.00 and set an “underperform” rating on the stock in a research report on Monday, July 20th. Five 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 company’s stock. According to data from MarketBeat.com, the company presently has an average rating of “Hold” and a consensus target price of $235.67.

Pool Stock Down 1.6%

POOL opened at $187.50 on Wednesday. The company has a debt-to-equity ratio of 1.05, a quick ratio of 0.91 and a current ratio of 2.67. The company has a market cap of $6.81 billion, a price-to-earnings ratio of 17.25, a PEG ratio of 2.64 and a beta of 1.06. Pool Corporation has a one year low of $172.68 and a one year high of $336.15. The business’s fifty day moving average is $200.58 and its two-hundred day moving average is $208.55.

Pool (NASDAQ:POOL) last announced its quarterly earnings results on Thursday, July 23rd. The specialty retailer reported $5.38 earnings per share for the quarter, beating analysts’ consensus estimates of $5.33 by $0.05. The business had revenue of $1.82 billion during the quarter, compared to analysts’ expectations of $1.82 billion. Pool had a return on equity of 32.74% and a net margin of 7.40%.The business’s revenue for the quarter was up 2.2% on a year-over-year basis. During the same quarter last year, the business posted $5.17 earnings per share. Pool has set its FY 2026 guidance at 10.660-10.960 EPS. Analysts anticipate that Pool Corporation will post 10.94 EPS for the current fiscal year.

Pool declared that its Board of Directors has initiated a share repurchase program on Wednesday, April 29th that allows the company to buyback $600.00 million in 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 usually an indication that the company’s management believes its stock is undervalued.

Pool Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, August 27th. Investors of record on Thursday, August 13th will be paid a $1.30 dividend. This represents a $5.20 dividend on an annualized basis and a yield of 2.8%. The ex-dividend date of this dividend is Thursday, August 13th. Pool’s dividend payout ratio is presently 47.84%.

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.