Pool Corporation $POOL Shares Bought by Eldred Rock Partners LLC

Eldred Rock Partners LLC grew its holdings in Pool Corporation (NASDAQ:POOL) by 63.9% during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 88,552 shares of the specialty retailer’s stock after purchasing an additional 34,524 shares during the quarter. Pool comprises approximately 4.1% of Eldred Rock Partners LLC’s portfolio, making the stock its 10th largest holding. Eldred Rock Partners LLC owned approximately 0.24% of Pool worth $19,030,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also made changes to their positions in POOL. Clearstead Advisors LLC boosted its stake in Pool by 100.0% during the fourth quarter. Clearstead Advisors LLC now owns 122 shares of the specialty retailer’s stock worth $28,000 after buying an additional 61 shares during the last quarter. Private Trust Co. NA increased its stake in shares of Pool by 78.6% in 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 during the last quarter. Elevation Wealth Partners LLC increased its stake in shares of Pool by 2,660.0% in 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 during the last quarter. CYBER HORNET ETFs LLC purchased a new position in shares of Pool during the 2nd quarter worth $30,000. Finally, Covestor Ltd raised its holdings in shares of Pool by 348.4% during the 4th quarter. Covestor Ltd now owns 139 shares of the specialty retailer’s stock worth $32,000 after acquiring an additional 108 shares during the period. 98.99% of the stock is currently owned by institutional investors and hedge funds.

Insider Transactions at Pool

In other news, Director De La Mesa Manuel J. Perez bought 10,000 shares of the business’s stock in a transaction on Wednesday, May 13th. The shares were bought at an average price of $175.95 per share, with a total value of $1,759,500.00. Following the completion of the transaction, the director directly owned 40,108 shares in the company, valued at $7,057,002.60. This trade represents a 33.21% increase in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. 3.00% of the stock is currently owned by insiders.

Wall Street Analyst Weigh In

A number of equities research analysts recently issued reports on POOL shares. Robert W. Baird set a $260.00 price objective on shares of Pool in a report on Friday, July 24th. Zacks Research upgraded shares of Pool from a “strong sell” rating to a “hold” rating in a report on Monday, April 27th. Bank of America dropped their price target on shares of Pool from $226.00 to $206.00 and set an “underperform” rating for the company in a research note on Monday, July 20th. Weiss Ratings downgraded shares of Pool from a “hold (c-)” rating to a “sell (d+)” rating in a report on Thursday, May 14th. Finally, Oppenheimer reduced their price target on shares of Pool from $280.00 to $227.00 and set an “outperform” rating on the stock in a research report on Friday, July 24th. Five investment 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. According to data from MarketBeat, the company has a consensus rating of “Hold” and an average target price of $235.67.

Pool Trading Up 2.6%

Shares of POOL stock opened at $206.31 on Friday. The company has a debt-to-equity ratio of 1.05, a current ratio of 2.67 and a quick ratio of 0.91. The firm has a market cap of $7.50 billion, a PE ratio of 18.98, a price-to-earnings-growth ratio of 2.72 and a beta of 1.06. The company has a 50-day moving average of $198.78 and a two-hundred day moving average of $212.28. Pool Corporation has a 1-year low of $172.68 and a 1-year high of $336.15.

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, beating analysts’ consensus estimates of $5.33 by $0.05. Pool had a net margin of 7.40% and a return on equity of 32.74%. The business 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 EPS. The business’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. On average, analysts predict that Pool Corporation will post 10.95 EPS for the current year.

Pool declared that its board has initiated a stock buyback program on Wednesday, April 29th that permits the company to buyback $600.00 million in outstanding shares. This buyback authorization permits the specialty retailer to reacquire up to 7.8% of its shares through open market purchases. Shares buyback programs are generally an indication that the company’s management believes its shares are undervalued.

Pool Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Thursday, August 27th. Investors of record on Thursday, August 13th will be issued a $1.30 dividend. This represents a $5.20 annualized dividend and a yield of 2.5%. The ex-dividend date is Thursday, August 13th. Pool’s dividend payout ratio (DPR) is 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.