Waverly Advisors LLC Purchases 9,295 Shares of Pool Corporation $POOL

Waverly Advisors LLC raised its position in shares of Pool Corporation (NASDAQ:POOL) by 979.5% in the 1st quarter, HoldingsChannel reports. The institutional investor owned 10,244 shares of the specialty retailer’s stock after purchasing an additional 9,295 shares during the quarter. Waverly Advisors LLC’s holdings in Pool were worth $2,073,000 at the end of the most recent quarter.

A number of other large investors have also added to or reduced their stakes in the company. Annis Gardner Whiting Capital Advisors LLC increased its position in shares of Pool by 20.0% in the fourth quarter. Annis Gardner Whiting Capital Advisors LLC now owns 270 shares of the specialty retailer’s stock valued at $62,000 after acquiring an additional 45 shares during the period. Wealthspire Advisors LLC boosted 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 worth $240,000 after purchasing an additional 48 shares during the period. Snowden Capital Advisors LLC grew its stake in shares of Pool by 4.8% in the second quarter. Snowden Capital Advisors LLC now owns 1,163 shares of the specialty retailer’s stock worth $339,000 after purchasing an additional 53 shares during the last quarter. Private Trust Co. NA grew its stake in shares of Pool by 78.6% in the fourth quarter. Private Trust Co. NA now owns 125 shares of the specialty retailer’s stock worth $29,000 after purchasing an additional 55 shares during the last quarter. Finally, Campbell Newman Asset Management Inc. increased its holdings in Pool by 1.1% during the 1st quarter. Campbell Newman Asset Management Inc. now owns 4,840 shares of the specialty retailer’s stock valued at $979,000 after purchasing an additional 55 shares during the period. Institutional investors own 98.99% of the company’s stock.

Insider Buying and Selling at Pool

In other Pool news, Director David G. Whalen bought 525 shares of the firm’s stock in a transaction on Friday, May 8th. The stock was acquired at an average price of $190.44 per share, with a total value of $99,981.00. Following the completion of the purchase, the director owned 8,936 shares of the company’s stock, valued at approximately $1,701,771.84. This trade represents a 6.24% increase in their ownership of the stock. The acquisition was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, Director De La Mesa Manuel J. Perez bought 10,000 shares of the stock in a transaction dated Wednesday, May 13th. The shares were acquired at an average price of $175.95 per share, with a total value of $1,759,500.00. Following the completion of the acquisition, the director directly owned 40,108 shares of the company’s stock, valued at approximately $7,057,002.60. The trade was a 33.21% increase in their position. The SEC filing for this purchase provides additional information. Over the last three months, insiders acquired 21,989 shares of company stock worth $4,042,747. Insiders own 3.00% of the company’s stock.

Pool Price Performance

Shares of POOL stock opened at $190.68 on Friday. The business’s fifty day moving average is $196.85 and its 200 day moving average is $214.64. The company has a quick ratio of 0.91, a current ratio of 2.67 and a debt-to-equity ratio of 1.05. The stock has a market cap of $6.95 billion, a price-to-earnings ratio of 17.54, a PEG ratio of 2.62 and a beta of 1.05. Pool Corporation has a twelve month low of $172.68 and a twelve month high of $336.15.

Pool (NASDAQ:POOL) last announced its quarterly earnings data 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 return on equity of 32.74% and a net margin of 7.40%.The business had revenue of $1.82 billion during the quarter, compared to analyst estimates of $1.82 billion. During the same quarter last year, the firm posted $5.17 earnings per share. The company’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. Research analysts expect that Pool Corporation will post 10.95 EPS for the current fiscal year.

Pool declared that its board has authorized a share buyback plan on Wednesday, April 29th that authorizes the company to buyback $600.00 million in shares. This buyback authorization authorizes 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 leadership believes its shares are undervalued.

Pool Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Thursday, August 27th. Investors of record on Thursday, August 13th will be given a dividend of $1.30 per share. This represents a $5.20 dividend on an annualized basis and a yield of 2.7%. The ex-dividend date of this dividend is Thursday, August 13th. Pool’s dividend payout ratio (DPR) is 47.84%.

Analyst Upgrades and Downgrades

Several equities research analysts have weighed in on the company. Deutsche Bank Aktiengesellschaft set a $185.00 price objective on Pool in a report on Friday, July 24th. Oppenheimer dropped their price target on Pool from $280.00 to $227.00 and set an “outperform” rating for the company in a research note on Friday, July 24th. Zacks Research upgraded shares of Pool from a “strong sell” rating to a “hold” rating in a report on Monday, April 27th. Stifel Nicolaus reduced their price objective on shares of Pool from $235.00 to $189.00 and set a “hold” rating on the stock in a research report on Friday, July 24th. Finally, Weiss Ratings lowered shares of Pool from a “hold (c-)” rating to a “sell (d+)” rating in a report on Thursday, May 14th. Five equities research analysts have rated the stock with a Buy rating, six have given a Hold rating and two have given a Sell rating to the company. According to MarketBeat.com, the stock currently has an average rating of “Hold” and an average target price of $235.67.

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.