Heron Bay Capital Management Takes $5.06 Million Position in Pool Corporation $POOL

Heron Bay Capital Management acquired a new position in shares of Pool Corporation (NASDAQ:POOL) in the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund acquired 23,547 shares of the specialty retailer’s stock, valued at approximately $5,060,000.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in the stock. BlackRock Inc. bought a new position in Pool in the second quarter valued at $866,576,000. T. Rowe Price Investment Management Inc. lifted its stake in Pool by 3,831.9% during the fourth quarter. T. Rowe Price Investment Management Inc. now owns 2,001,987 shares of the specialty retailer’s stock worth $457,955,000 after purchasing an additional 1,951,070 shares during the last quarter. Bank of New York Mellon Corp bought a new stake in Pool during the second quarter worth about $148,216,000. Norges Bank purchased a new position in shares of Pool in the 4th quarter worth about $97,612,000. Finally, Wellington Management Group LLP boosted its holdings in shares of 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 purchasing an additional 357,643 shares in the last quarter. 98.99% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

POOL has been the topic of several recent research reports. Weiss Ratings reiterated a “sell (d+)” rating on shares of Pool in a research report on Tuesday, August 11th. Wall Street Zen upgraded Pool from a “sell” rating to a “hold” rating in a research report on Monday, April 27th. Bank of America cut their target price on Pool from $226.00 to $206.00 and set an “underperform” rating for the company in a research note on Monday, July 20th. Zacks Research upgraded shares of Pool from a “strong sell” rating to a “hold” rating in a research report on Monday, April 27th. Finally, Deutsche Bank Aktiengesellschaft set a $185.00 price target on shares of Pool in a research note on Friday, July 24th. Five research analysts have rated the stock with a Buy rating, six have given a Hold rating and two have issued a Sell rating to the company’s stock. According to MarketBeat, Pool has an average rating of “Hold” and an average target price of $235.67.

Key Stories Impacting 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.

Pool Price Performance

POOL opened at $187.98 on Friday. The stock’s 50 day simple moving average is $200.52 and its 200 day simple moving average is $207.54. The company has a debt-to-equity ratio of 1.05, a current ratio of 2.67 and a quick ratio of 0.91. Pool Corporation has a 1 year low of $172.68 and a 1 year high of $336.15. The firm has a market cap of $6.83 billion, a price-to-earnings ratio of 17.29, a PEG ratio of 2.58 and a beta of 1.06.

Pool (NASDAQ:POOL) last issued its earnings results on Thursday, July 23rd. The specialty retailer reported $5.38 EPS for the quarter, topping 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 the consensus estimate of $1.82 billion. During the same period in the previous year, the firm earned $5.17 earnings per share. The firm’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. As a group, analysts predict that Pool Corporation will post 10.94 earnings per share for the current year.

Pool Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, August 27th. Stockholders of record on Thursday, August 13th will be paid a dividend of $1.30 per share. This represents a $5.20 annualized dividend and a dividend yield of 2.8%. The ex-dividend date of this dividend is Thursday, August 13th. Pool’s dividend payout ratio is 47.84%.

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

Pool 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.