Chou Associates Management Inc. purchased a new stake in Pool Corporation (NASDAQ:POOL – Free Report) in the 2nd quarter, HoldingsChannel.com reports. The institutional investor purchased 10,636 shares of the specialty retailer’s stock, valued at approximately $2,286,000. Pool comprises 1.1% of Chou Associates Management Inc.’s portfolio, making the stock its 17th largest holding.
Several other large investors have also recently modified their holdings of POOL. Clearstead Advisors LLC grew its stake in shares of Pool by 100.0% in the fourth quarter. Clearstead Advisors LLC now owns 122 shares of the specialty retailer’s stock worth $28,000 after purchasing an additional 61 shares during the last quarter. Elevation Wealth Partners LLC grew its position in shares of Pool by 2,660.0% in the 2nd quarter. Elevation Wealth Partners LLC now owns 138 shares of the specialty retailer’s stock valued at $30,000 after buying an additional 133 shares during the last quarter. CYBER HORNET ETFs LLC acquired a new stake in shares of Pool in the second quarter valued at about $30,000. Covestor Ltd raised its position 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 acquiring an additional 108 shares during the last quarter. Finally, CoreCap Advisors LLC lifted its stake in shares of Pool by 214.3% in the second quarter. CoreCap Advisors LLC now owns 154 shares of the specialty retailer’s stock worth $33,000 after acquiring an additional 105 shares during the period. Institutional investors own 98.99% of the company’s stock.
Trending Headlines about Pool
Here are the key news stories impacting Pool this week:
- Positive Sentiment: Stephens reaffirmed its “Overweight” rating on Pool Corporation and maintained a $225 price target, implying substantial upside from the current trading level. Benzinga
- Positive Sentiment: Pool’s latest quarterly results modestly exceeded expectations: earnings per share were $5.38 versus the $5.33 consensus estimate, while revenue reached $1.82 billion and increased 2.2% year over year. Management’s fiscal 2026 EPS guidance remains $10.66–$10.96.
- Neutral Sentiment: The recent report about Nvidia paying $6 billion to license Poolside’s AI software concerns Poolside, not Pool Corporation, and has no apparent impact on POOL. Nvidia Pays $6 Billion to License Poolside AI Model-Development Software
- Neutral Sentiment: Other reports involving Poolin’s cryptocurrency-mining assets, swimming-pool products, and pool-cleaning robots are unrelated to Pool Corporation’s distribution business.
- Negative Sentiment: Although quarterly results were slightly better than expected, revenue was essentially in line with forecasts and the company’s shares remain below both their 50-day and 200-day moving averages, indicating continued technical pressure and investor caution around the pool-construction and renovation market.
Wall Street Analysts Forecast Growth
Read Our Latest Analysis on Pool
Pool Stock Performance
NASDAQ POOL opened at $187.98 on Friday. The company has a market capitalization of $6.83 billion, a PE ratio of 17.29, a price-to-earnings-growth ratio of 2.54 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. Pool Corporation has a 52-week low of $172.68 and a 52-week high of $336.15. The company has a 50-day simple moving average of $200.52 and a 200 day simple moving average of $207.54.
Pool (NASDAQ:POOL – Get Free Report) last released its 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. Pool had a net margin of 7.40% and a return on equity of 32.74%. The firm had revenue of $1.82 billion for the quarter, compared to analysts’ expectations of $1.82 billion. During the same period in the previous year, the company earned $5.17 earnings per share. The company’s quarterly revenue was up 2.2% on a year-over-year basis. Pool has set its FY 2026 guidance at 10.660-10.960 EPS. On average, research analysts predict that Pool Corporation will post 10.94 EPS for the current year.
Pool declared that its board has authorized a stock repurchase program on Wednesday, April 29th that permits the company to buyback $600.00 million in shares. This buyback authorization permits the specialty retailer to reacquire up to 7.8% of its stock through open market purchases. Stock buyback programs are generally a sign that the company’s board believes its shares are undervalued.
Pool Dividend Announcement
The company 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. The ex-dividend date is Thursday, August 13th. This represents a $5.20 annualized dividend and a yield of 2.8%. Pool’s dividend payout ratio is presently 47.84%.
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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