Oppenheimer Asset Management Inc. Invests $9.09 Million in Pool Corporation $POOL

Oppenheimer Asset Management Inc. acquired a new stake in Pool Corporation (NASDAQ:POOL) during the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund acquired 42,318 shares of the specialty retailer’s stock, valued at approximately $9,094,000. Oppenheimer Asset Management Inc. owned approximately 0.12% of Pool at the end of the most recent reporting period.

A number of other institutional investors have also modified their holdings of POOL. Clearstead Advisors LLC raised its holdings in Pool by 100.0% in the fourth quarter. Clearstead Advisors LLC now owns 122 shares of the specialty retailer’s stock valued at $28,000 after buying an additional 61 shares during the period. Private Trust Co. NA grew its stake in 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 grew its stake in 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 acquired a new stake in shares of Pool in the second quarter worth $30,000. Finally, Covestor Ltd increased its position in shares of Pool by 348.4% in the fourth quarter. Covestor Ltd now owns 139 shares of the specialty retailer’s stock worth $32,000 after acquiring an additional 108 shares in the last quarter. Hedge funds and other institutional investors own 98.99% of the company’s stock.

Pool Trading Down 2.9%

POOL opened at $194.84 on Friday. The firm’s 50 day moving average is $200.49 and its 200-day moving average is $209.96. Pool Corporation has a 52-week low of $172.68 and a 52-week high of $336.15. 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 firm has a market capitalization of $7.08 billion, a P/E ratio of 17.92, a P/E/G ratio of 2.71 and a beta of 1.06.

Pool (NASDAQ:POOL) last announced 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. The business had revenue of $1.82 billion during the quarter, compared to the consensus estimate of $1.82 billion. Pool had a net margin of 7.40% and a return on equity of 32.74%. The business’s quarterly revenue was up 2.2% compared to the same quarter last year. During the same period in the prior year, the firm earned $5.17 earnings per share. Pool has set its FY 2026 guidance at 10.660-10.960 EPS. Analysts expect that Pool Corporation will post 10.95 EPS for the current fiscal year.

Pool announced that its Board of Directors has initiated a share buyback program on Wednesday, April 29th that allows the company to buyback $600.00 million in outstanding shares. This buyback authorization allows the specialty retailer to purchase up to 7.8% of its shares through open market purchases. Shares buyback programs are usually an indication that the company’s board believes its shares are undervalued.

Pool Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, August 27th. Shareholders of record on Thursday, August 13th will be issued a $1.30 dividend. The ex-dividend date is Thursday, August 13th. This represents a $5.20 dividend on an annualized basis and a yield of 2.7%. Pool’s payout ratio is currently 47.84%.

Key Headlines Impacting Pool

Here are the key news stories impacting Pool this week:

• Positive Sentiment: Pool remains valued as a potential value investment within the Leisure and Recreation Products sector. A comparison with YETI may draw attention to POOL’s valuation, although the article does not provide a definitive conclusion favoring either stock. YETI vs. POOL: Which Stock Is the Better Value Option?
• Neutral Sentiment: Zacks Research maintained a Hold rating on POOL. The current full-year consensus estimate remains $10.95 in earnings per share, while its forecasts call for $11.71 EPS in fiscal 2027 and $12.92 EPS in fiscal 2028.
• Negative Sentiment: Zacks cut its EPS estimates across multiple periods: third-quarter 2026 to $3.33 from $3.46, fourth-quarter 2026 to $0.77 from $0.81, and first-quarter 2027 to $1.52 from $1.59.
• Negative Sentiment: The research firm also reduced its second-quarter 2027 estimate to $5.69 from $5.86, second-quarter 2028 to $6.21 from $6.29, fiscal 2027 to $11.71 from $11.94, and fiscal 2028 to $12.92 from $13.02. The broad-based downward revisions likely contributed to investor caution because they imply softer earnings potential than previously expected.

Wall Street Analysts Forecast Growth

Several equities analysts recently weighed in on POOL shares. Stifel Nicolaus reduced their target price on shares of Pool from $235.00 to $189.00 and set a “hold” rating on the stock in a report on Friday, July 24th. Robert W. Baird set a $260.00 price target on Pool in a report on Friday, July 24th. Oppenheimer lowered their price target on Pool from $280.00 to $227.00 and set an “outperform” rating for the company in a report on Friday, July 24th. Bank of America cut their price objective on Pool from $226.00 to $206.00 and set an “underperform” rating on the stock in a research report on Monday, July 20th. Finally, Wall Street Zen upgraded Pool from a “sell” rating to a “hold” rating in a research note on Monday, April 27th. Five investment 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 MarketBeat.com, the company has a consensus rating of “Hold” and a consensus price target of $235.67.

About Pool

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.