Diversify Advisory Services LLC Makes New Investment in Pool Corporation $POOL

Diversify Advisory Services LLC bought a new position in Pool Corporation (NASDAQ:POOL) during the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor bought 5,251 shares of the specialty retailer’s stock, valued at approximately $969,000.

Several other institutional investors and hedge funds also recently made changes to their positions in the company. Annis Gardner Whiting Capital Advisors LLC boosted its stake in Pool by 20.0% during the 4th quarter. Annis Gardner Whiting Capital Advisors LLC now owns 270 shares of the specialty retailer’s stock valued at $62,000 after purchasing an additional 45 shares during the last quarter. Wealthspire Advisors LLC lifted its holdings in shares of Pool by 4.8% during the fourth quarter. Wealthspire Advisors LLC now owns 1,051 shares of the specialty retailer’s stock valued at $240,000 after purchasing an additional 48 shares in the last quarter. Pacer Advisors Inc. boosted its position in shares of Pool by 1.5% during the first quarter. Pacer Advisors Inc. now owns 3,384 shares of the specialty retailer’s stock valued at $685,000 after buying an additional 51 shares during the last quarter. Snowden Capital Advisors LLC boosted its position in shares of Pool by 4.8% during the second quarter. Snowden Capital Advisors LLC now owns 1,163 shares of the specialty retailer’s stock valued at $339,000 after buying an additional 53 shares during the last quarter. Finally, Private Trust Co. NA increased its holdings in Pool by 78.6% in the 4th quarter. Private Trust Co. NA now owns 125 shares of the specialty retailer’s stock worth $29,000 after buying an additional 55 shares in the last quarter. Institutional investors own 98.99% of the company’s stock.

Pool Trading Up 4.5%

Shares of NASDAQ:POOL opened at $195.99 on Thursday. The stock’s 50-day simple moving average is $200.70 and its two-hundred day simple moving average is $208.13. The stock has a market capitalization of $7.12 billion, a price-to-earnings ratio of 18.03, a PEG ratio of 2.54 and a beta of 1.06. Pool Corporation has a 52-week low of $172.68 and a 52-week high of $336.15. The company has a debt-to-equity ratio of 1.05, a quick ratio of 0.91 and a current ratio of 2.67.

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

Pool Dividend Announcement

The firm also recently declared 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. The ex-dividend date is Thursday, August 13th. This represents a $5.20 annualized dividend and a yield of 2.7%. Pool’s dividend payout ratio (DPR) is presently 47.84%.

Pool announced that its Board of Directors has initiated a share repurchase plan on Wednesday, April 29th that allows the company to buyback $600.00 million in shares. This buyback authorization allows the specialty retailer to reacquire up to 7.8% of its shares through open market purchases. Shares buyback plans are generally an indication that the company’s board of directors believes its stock is undervalued.

Analysts Set New Price Targets

Several equities analysts have issued reports on the stock. Weiss Ratings restated a “sell (d+)” rating on shares of Pool in a research note on Tuesday, August 11th. Stephens reduced their price target 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. Stifel Nicolaus decreased their price objective on shares of Pool from $235.00 to $189.00 and set a “hold” rating for the company in a report on Friday, July 24th. Deutsche Bank Aktiengesellschaft set a $185.00 price objective on shares of Pool in a research report on Friday, July 24th. Finally, Zacks Research upgraded shares of Pool from a “strong sell” rating to a “hold” rating in a report on Monday, April 27th. Five research analysts have rated the stock with a Buy rating, six have assigned a Hold rating and two have assigned a Sell rating to the stock. According to data from MarketBeat.com, the stock has an average rating of “Hold” and an average target price of $235.67.

Pool 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.