Compass Wealth Management LLC Purchases New Position in Pool Corporation $POOL

Compass Wealth Management LLC purchased a new stake in Pool Corporation (NASDAQ:POOL) during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 14,229 shares of the specialty retailer’s stock, valued at approximately $3,058,000.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in the stock. Clearstead Advisors LLC boosted its holdings in shares of Pool by 100.0% in the 4th quarter. Clearstead Advisors LLC now owns 122 shares of the specialty retailer’s stock valued at $28,000 after buying an additional 61 shares in the last quarter. Private Trust Co. NA raised its stake in Pool by 78.6% during the 4th quarter. Private Trust Co. NA now owns 125 shares of the specialty retailer’s stock worth $29,000 after acquiring an additional 55 shares in the last quarter. Elevation Wealth Partners LLC raised its stake in Pool by 2,660.0% during the 2nd quarter. Elevation Wealth Partners LLC now owns 138 shares of the specialty retailer’s stock worth $30,000 after acquiring an additional 133 shares in the last quarter. CYBER HORNET ETFs LLC purchased a new stake in Pool in the second quarter valued at $30,000. Finally, Covestor Ltd lifted its position in Pool by 348.4% in the fourth quarter. Covestor Ltd now owns 139 shares of the specialty retailer’s stock valued at $32,000 after acquiring an additional 108 shares during the last quarter. Institutional investors and hedge funds own 98.99% of the company’s stock.

Pool Price Performance

Shares of POOL opened at $187.50 on Wednesday. Pool Corporation has a fifty-two week low of $172.68 and a fifty-two week high of $336.15. The company has a market capitalization of $6.81 billion, a price-to-earnings ratio of 17.25, a price-to-earnings-growth ratio of 2.64 and a beta of 1.06. The firm has a 50-day simple moving average of $200.58 and a 200-day simple moving average of $208.55. 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 (NASDAQ:POOL) last released its quarterly earnings results on Thursday, July 23rd. The specialty retailer reported $5.38 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $5.33 by $0.05. The firm had revenue of $1.82 billion for the quarter, compared to analyst estimates of $1.82 billion. Pool had a return on equity of 32.74% and a net margin of 7.40%.The business’s revenue was up 2.2% on a year-over-year basis. During the same quarter last year, the company posted $5.17 earnings per share. Pool has set its FY 2026 guidance at 10.660-10.960 EPS. On average, equities research analysts anticipate that Pool Corporation will post 10.94 earnings per share for the current year.

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

Pool Announces Dividend

The business also recently announced 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 annualized dividend and a dividend yield of 2.8%. The ex-dividend date is Thursday, August 13th. Pool’s dividend payout ratio (DPR) is 47.84%.

Analyst Upgrades and Downgrades

Several brokerages have issued reports on POOL. Oppenheimer dropped their price objective on Pool from $280.00 to $227.00 and set an “outperform” rating on the stock in a report on Friday, July 24th. Robert W. Baird set a $260.00 target price on Pool in a research report on Friday, July 24th. Stephens cut their price target on Pool from $290.00 to $225.00 and set an “overweight” rating on the stock in a research report on Friday, July 24th. Weiss Ratings reiterated a “sell (d+)” rating on shares of Pool in a research note on Tuesday, August 11th. Finally, Stifel Nicolaus decreased their price objective on Pool from $235.00 to $189.00 and set a “hold” rating for the company in a report on Friday, July 24th. Five research analysts have rated the stock with a Buy rating, six have given a Hold rating and two have given a Sell rating to the company. Based on data from MarketBeat.com, Pool currently has an average rating of “Hold” and an average price target of $235.67.

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.