62,000 Shares in Pool Corporation $POOL Acquired by Stanley Capital Management LLC

Stanley Capital Management LLC acquired a new stake in Pool Corporation (NASDAQ:POOL) in the second quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund acquired 62,000 shares of the specialty retailer’s stock, valued at approximately $13,324,000. Pool makes up about 1.8% of Stanley Capital Management LLC’s holdings, making the stock its 25th biggest position. Stanley Capital Management LLC owned 0.17% of Pool as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors and hedge funds also recently bought and sold shares of the business. Legal & General Group Plc acquired a new position in shares of Pool in the second quarter worth $16,301,000. The Manufacturers Life Insurance Company purchased a new stake in Pool during the 2nd quarter worth about $2,131,000. Sone Capital Management LLC acquired a new stake in Pool in the 2nd quarter valued at about $31,454,000. Cullen Capital Management LLC acquired a new position in shares of Pool during the second quarter worth about $603,000. Finally, Dearborn Partners LLC acquired a new position in shares of Pool during the second quarter worth about $467,000. 98.99% of the stock is currently owned by hedge funds and other institutional investors.

Pool Price Performance

NASDAQ:POOL opened at $186.36 on Wednesday. The company’s 50-day moving average is $200.23 and its two-hundred day moving average is $206.24. 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 cap of $6.77 billion, a price-to-earnings ratio of 17.14, a price-to-earnings-growth ratio of 2.55 and a beta of 1.06. Pool Corporation has a 12-month low of $172.68 and a 12-month high of $336.15.

Pool (NASDAQ:POOL) last issued its quarterly 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 return on equity of 32.74% and a net margin of 7.40%.The company had revenue of $1.82 billion during the quarter, compared to the consensus estimate of $1.82 billion. During the same period in the previous year, the firm 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. Research analysts expect that Pool Corporation will post 10.94 EPS for the current year.

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

Pool Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Thursday, August 27th. Shareholders of record on Thursday, August 13th will be paid a $1.30 dividend. This represents a $5.20 dividend on an annualized basis and a yield of 2.8%. The ex-dividend date of this dividend is Thursday, August 13th. Pool’s dividend payout ratio (DPR) is presently 47.84%.

Wall Street Analyst Weigh In

A number of research analysts recently issued reports on the stock. Stifel Nicolaus decreased their price target on shares of Pool from $235.00 to $189.00 and set a “hold” rating for the company in a research note on Friday, July 24th. Robert W. Baird set a $260.00 target price on Pool in a report on Friday, July 24th. Stephens restated an “overweight” rating and issued a $225.00 price target on shares of Pool in a research note on Thursday, August 20th. Oppenheimer decreased 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. Finally, Weiss Ratings reaffirmed a “sell (d+)” rating on shares of Pool in a research report on Tuesday, August 11th. Five research analysts have rated the stock with a Buy rating, seven have given a Hold rating and two have given a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Hold” and a consensus target price of $233.10.

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.