Stanley Capital Management LLC Buys New Holdings in Pool Corporation $POOL

Stanley Capital Management LLC purchased a new stake in shares of Pool Corporation (NASDAQ:POOL) in the second quarter, HoldingsChannel.com reports. The firm purchased 62,000 shares of the specialty retailer’s stock, valued at approximately $13,324,000. Pool comprises 1.8% of Stanley Capital Management LLC’s holdings, making the stock its 25th biggest holding.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Jacobs Levy Equity Management Inc. acquired a new position in Pool during the first quarter valued at approximately $400,000. Millennium Management LLC raised its stake in shares of Pool by 237.9% in the 1st quarter. Millennium Management LLC now owns 17,390 shares of the specialty retailer’s stock valued at $5,536,000 after acquiring an additional 12,244 shares during the period. Empowered Funds LLC purchased a new position in shares of Pool in the 1st quarter valued at $639,000. Geneos Wealth Management Inc. lifted its holdings in shares of Pool by 164.4% during the 1st quarter. Geneos Wealth Management Inc. now owns 156 shares of the specialty retailer’s stock valued at $50,000 after acquiring an additional 97 shares in the last quarter. Finally, Acadian Asset Management LLC boosted its position in Pool by 201.2% during the 1st quarter. Acadian Asset Management LLC now owns 2,012 shares of the specialty retailer’s stock worth $639,000 after purchasing an additional 1,344 shares during the period. 98.99% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

Several brokerages recently issued reports on POOL. Weiss Ratings reiterated a “sell (d+)” rating on shares of Pool in a report on Tuesday, August 11th. Robert W. Baird set a $260.00 target price on Pool in a research report on Friday, July 24th. Oppenheimer reduced their price target on Pool from $280.00 to $227.00 and set an “outperform” rating on the stock in a research report on Friday, July 24th. Stephens restated an “overweight” rating and issued a $225.00 price target on shares of Pool in a report on Thursday, August 20th. Finally, Stifel Nicolaus lowered their price objective on shares of Pool from $235.00 to $189.00 and set a “hold” rating for the company in a research report on Friday, July 24th. Five equities research analysts have rated the stock with a Buy rating, seven have given a Hold rating and two have given a Sell rating to the stock. According to data from MarketBeat, the stock currently has an average rating of “Hold” and a consensus price target of $233.10.

Pool Stock Down 1.0%

Shares of NASDAQ POOL opened at $186.36 on Wednesday. Pool Corporation has a 1 year low of $172.68 and a 1 year high of $336.15. The firm has a market cap of $6.77 billion, a price-to-earnings ratio of 17.14, a PEG ratio of 2.55 and a beta of 1.06. 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 stock’s 50-day simple moving average is $200.23 and its 200-day simple moving average is $206.24.

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

Pool Dividend Announcement

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

Pool announced that its Board of Directors has initiated a share repurchase program on Wednesday, April 29th that authorizes the company to repurchase $600.00 million in shares. This repurchase authorization authorizes the specialty retailer to buy up to 7.8% of its stock through open market purchases. Stock repurchase programs are typically an indication that the company’s management believes its shares are undervalued.

Pool Company Profile

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.