The Manufacturers Life Insurance Company acquired a new position in shares of Pool Corporation (NASDAQ:POOL – Free Report) in the second quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor acquired 9,918 shares of the specialty retailer’s stock, valued at approximately $2,131,000.
Several other hedge funds and other institutional investors have also added to or reduced their stakes in POOL. BlackRock Inc. acquired a new stake in shares of Pool in the second quarter valued at about $866,576,000. Wellington Management Group LLP boosted its holdings in Pool by 16.2% in the 3rd quarter. Wellington Management Group LLP now owns 2,563,373 shares of the specialty retailer’s stock worth $794,825,000 after buying an additional 357,643 shares during the last quarter. T. Rowe Price Investment Management Inc. increased its stake in Pool by 3,831.9% during the 4th quarter. T. Rowe Price Investment Management Inc. now owns 2,001,987 shares of the specialty retailer’s stock worth $457,955,000 after buying an additional 1,951,070 shares in the last quarter. Morgan Stanley increased its stake in Pool by 1.8% during the 4th quarter. Morgan Stanley now owns 1,371,772 shares of the specialty retailer’s stock worth $313,794,000 after buying an additional 23,736 shares in the last quarter. Finally, Invesco Ltd. raised its holdings in shares of Pool by 21.6% during the fourth quarter. Invesco Ltd. now owns 837,658 shares of the specialty retailer’s stock valued at $191,614,000 after acquiring an additional 148,519 shares during the last quarter. 98.99% of the stock is owned by hedge funds and other institutional investors.
Analyst Ratings Changes
A number of analysts have recently issued reports on POOL shares. Stephens reaffirmed an “overweight” rating and issued a $225.00 price target on shares of Pool in a research note on Thursday, August 20th. DA Davidson began coverage on shares of Pool in a research note on Monday, August 24th. They set a “neutral” rating and a $210.00 target price on the stock. Oppenheimer dropped their target price on shares of Pool from $280.00 to $227.00 and set an “outperform” rating for the company in a report on Friday, July 24th. Robert W. Baird set a $260.00 price target on shares of Pool in a research note 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 report on Friday, July 24th. Five research analysts have rated the stock with a Buy rating, seven have assigned a Hold rating and two have issued a Sell rating to the company’s stock. According to MarketBeat.com, the company presently has an average rating of “Hold” and a consensus price target of $233.10.
Pool Price Performance
Pool stock opened at $182.99 on Thursday. 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 company has a 50-day moving average price of $198.76 and a 200 day moving average price of $202.86. Pool Corporation has a 12-month low of $172.68 and a 12-month high of $336.15. The stock has a market cap of $6.65 billion, a P/E ratio of 16.83, a PEG ratio of 2.47 and a beta of 1.06.
Pool (NASDAQ:POOL – Get Free Report) last posted its earnings results on Thursday, July 23rd. The specialty retailer reported $5.38 earnings per share 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 company had revenue of $1.82 billion for the quarter, compared to analyst estimates of $1.82 billion. During the same period in the previous year, the business posted $5.17 EPS. Pool’s revenue was up 2.2% on a year-over-year basis. Pool has set its FY 2026 guidance at 10.660-10.960 EPS. Sell-side analysts anticipate that Pool Corporation will post 10.95 earnings per share for the current year.
Pool Announces Dividend
The firm also recently disclosed a quarterly dividend, which was paid on Thursday, August 27th. Investors of record on Thursday, August 13th were issued a $1.30 dividend. The ex-dividend date was Thursday, August 13th. This represents a $5.20 dividend on an annualized basis and a yield of 2.8%. Pool’s dividend payout ratio is currently 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.
Further Reading
- Five stocks we like better than Pool
- Striking Oil: How the U.S. Play for Venezuela Fuels Supermajors
- J.M. Smucker Stock’s Rally Has More Than Tariffs Behind It
- Wendy’s Rally Fades After Trian Steps Back: Was It Ever Real?
- GitLab’s Earnings Beat Just Gave Software Bulls a New SaaSpocalypse Test
Want to see what other hedge funds are holding POOL? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Pool Corporation (NASDAQ:POOL – Free Report).
Receive News & Ratings for Pool Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Pool and related companies with MarketBeat.com's FREE daily email newsletter.
