Stevens Capital Partners Makes New $2.99 Million Investment in Pool Corporation $POOL

Stevens Capital Partners purchased a new stake in Pool Corporation (NASDAQ:POOL) during the 2nd quarter, Holdings Channel.com reports. The firm purchased 13,907 shares of the specialty retailer’s stock, valued at approximately $2,989,000. Pool accounts for 0.6% of Stevens Capital Partners’ investment portfolio, making the stock its 21st largest holding.

A number of other institutional investors also recently modified their holdings of POOL. CYBER HORNET ETFs LLC acquired a new position in shares of Pool during the second quarter worth about $30,000. MUFG Securities EMEA plc acquired a new stake in Pool in the 2nd quarter valued at approximately $33,000. Clearstead Advisors LLC raised its position in 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 during the last quarter. Private Trust Co. NA lifted its stake in Pool by 78.6% in the 4th quarter. Private Trust Co. NA now owns 125 shares of the specialty retailer’s stock valued at $29,000 after acquiring an additional 55 shares in the last quarter. Finally, Elevation Wealth Partners LLC lifted its stake in Pool by 2,660.0% in the 2nd quarter. Elevation Wealth Partners LLC now owns 138 shares of the specialty retailer’s stock valued at $30,000 after acquiring an additional 133 shares in the last quarter. 98.99% of the stock is currently owned by institutional investors.

Pool Stock Down 1.6%

Shares of POOL stock opened at $187.50 on Wednesday. Pool Corporation has a 52-week low of $172.68 and a 52-week high of $336.15. The stock has a market cap of $6.81 billion, a price-to-earnings ratio of 17.25, a PEG ratio of 2.64 and a beta of 1.06. The firm’s 50-day moving average is $200.58 and its 200-day moving average is $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 posted its quarterly earnings results on Thursday, July 23rd. The specialty retailer reported $5.38 EPS for the quarter, topping analysts’ consensus estimates of $5.33 by $0.05. The business had revenue of $1.82 billion during the quarter, compared to analysts’ expectations of $1.82 billion. Pool had a return on equity of 32.74% and a net margin of 7.40%.Pool’s quarterly 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. Sell-side analysts predict that Pool Corporation will post 10.94 EPS for the current year.

Pool declared that its board has authorized a share repurchase 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 repurchase up to 7.8% of its shares through open market purchases. Shares buyback programs are generally a sign that the company’s management believes its shares are undervalued.

Pool Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, August 27th. Stockholders of record on Thursday, August 13th will be given a $1.30 dividend. This represents a $5.20 dividend on an annualized basis and a dividend 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%.

Analysts Set New Price Targets

Several equities analysts have recently weighed in on the stock. Stephens decreased their price target on shares of Pool from $290.00 to $225.00 and set an “overweight” rating for the company in a research note on Friday, July 24th. Weiss Ratings reissued a “sell (d+)” rating on shares of Pool in a research report on Tuesday, August 11th. Deutsche Bank Aktiengesellschaft set a $185.00 target price on shares of Pool in a report on Friday, July 24th. Zacks Research raised shares of Pool from a “strong sell” rating to a “hold” rating in a research report on Monday, April 27th. Finally, Wall Street Zen upgraded shares of Pool from a “sell” rating to a “hold” rating in a research note on Monday, April 27th. Five research analysts have rated the stock with a Buy rating, six have issued a Hold rating and two have assigned a Sell rating to the stock. According to data from MarketBeat.com, Pool currently has an average rating of “Hold” and an average 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.