Fulton Bank N.A. increased its stake in Pool Corporation (NASDAQ:POOL – Free Report) by 210.2% in the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 6,338 shares of the specialty retailer’s stock after purchasing an additional 4,295 shares during the period. Fulton Bank N.A.’s holdings in Pool were worth $1,362,000 as of its most recent filing with the Securities and Exchange Commission.
Other large investors have also recently added to or reduced their stakes in the company. Clearstead Advisors LLC raised its stake in shares of Pool by 100.0% in the 4th quarter. Clearstead Advisors LLC now owns 122 shares of the specialty retailer’s stock valued at $28,000 after purchasing an additional 61 shares during the period. Private Trust Co. NA boosted its position in shares of Pool by 78.6% during the fourth quarter. Private Trust Co. NA now owns 125 shares of the specialty retailer’s stock worth $29,000 after buying an additional 55 shares during the period. Elevation Wealth Partners LLC boosted its position in shares of Pool by 2,660.0% during the second quarter. Elevation Wealth Partners LLC now owns 138 shares of the specialty retailer’s stock worth $30,000 after buying an additional 133 shares during the period. CYBER HORNET ETFs LLC bought a new position in shares of Pool during the second quarter worth about $30,000. Finally, Covestor Ltd grew its holdings in shares of Pool by 348.4% during the fourth quarter. Covestor Ltd now owns 139 shares of the specialty retailer’s stock worth $32,000 after buying an additional 108 shares in the last quarter. Institutional investors own 98.99% of the company’s stock.
Analyst Ratings Changes
A number of equities research analysts recently issued reports on POOL shares. Stephens dropped their target price on Pool from $290.00 to $225.00 and set an “overweight” rating on the stock in a research 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. Bank of America reduced their target price on shares of Pool from $226.00 to $206.00 and set an “underperform” rating for the company in a report on Monday, July 20th. Oppenheimer decreased their target price on shares of Pool from $280.00 to $227.00 and set an “outperform” rating for the company in a research report on Friday, July 24th. Finally, Stifel Nicolaus lowered their price target on shares of Pool from $235.00 to $189.00 and set a “hold” rating on the stock in a research note on Friday, July 24th. Five equities research analysts have rated the stock with a Buy rating, six have issued a Hold rating and two have given a Sell rating to the stock. Based on data from MarketBeat, the company currently has an average rating of “Hold” and a consensus target price of $235.67.
Pool News Roundup
Here are the key news stories impacting Pool this week:
- Neutral Sentiment: Reported short interest was listed at zero shares as of August 11, unchanged from the prior reporting period. Because the data show no borrowable short position, the report does not provide a meaningful signal about potential short-covering or bearish sentiment.
- Neutral Sentiment: Several other entries mention unrelated companies, bitcoin mining pools, swimming-pool products or the Lincoln Memorial reflecting pool. They do not concern Pool Corporation and are unlikely to affect POOL shares.
- Negative Sentiment: Pool Corporation shares declined 3.1% in the August 10 session, highlighting continued volatility and investor caution. A recent valuation review assigned the company a GF Score of 66, suggesting a mixed outlook rather than a clearly compelling investment case. Pool Corp Shares Fall 3.1% — What GF Score of 66 Tells Investors
Pool Stock Up 0.8%
POOL stock opened at $201.50 on Wednesday. The company has a current ratio of 2.67, a quick ratio of 0.91 and a debt-to-equity ratio of 1.05. The firm has a market capitalization of $7.32 billion, a PE ratio of 18.54, a PEG ratio of 2.70 and a beta of 1.06. Pool Corporation has a 1-year low of $172.68 and a 1-year high of $336.15. The business’s 50 day simple moving average is $199.58 and its 200 day simple moving average is $211.00.
Pool (NASDAQ:POOL – Get Free Report) last posted its earnings results on Thursday, July 23rd. The specialty retailer reported $5.38 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $5.33 by $0.05. The company had revenue of $1.82 billion during the quarter, compared to analysts’ expectations of $1.82 billion. Pool had a net margin of 7.40% and a return on equity of 32.74%. Pool’s quarterly revenue was up 2.2% compared to the same quarter last year. During the same quarter last year, the company posted $5.17 EPS. Pool has set its FY 2026 guidance at 10.660-10.960 EPS. As a group, research analysts anticipate that Pool Corporation will post 10.95 EPS for the current year.
Pool Announces Dividend
The business also recently disclosed a quarterly dividend, which will be paid on Thursday, August 27th. Shareholders of record on Thursday, August 13th will be given a dividend of $1.30 per share. The ex-dividend date is Thursday, August 13th. This represents a $5.20 annualized dividend and a yield of 2.6%. Pool’s dividend payout ratio (DPR) is 47.84%.
Pool declared that its Board of Directors has authorized a share buyback program on Wednesday, April 29th that permits the company to buyback $600.00 million in outstanding shares. This buyback authorization permits 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 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.
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