Pool (NASDAQ:POOL) Upgraded to Hold at DA Davidson

DA Davidson upgraded shares of Pool (NASDAQ:POOL) to a hold rating in a research report released on Monday,Zacks.com reports.

Several other equities research analysts also recently commented on the stock. Stifel Nicolaus decreased their target price on shares of Pool from $235.00 to $189.00 and set a “hold” rating for the company in a research report on Friday, July 24th. Bank of America lowered their price objective on Pool from $226.00 to $206.00 and set an “underperform” rating for the company in a research note on Monday, July 20th. Deutsche Bank Aktiengesellschaft set a $185.00 target price on Pool in a report on Friday, July 24th. Weiss Ratings reiterated a “sell (d+)” rating on shares of Pool in a report on Tuesday, August 11th. Finally, Robert W. Baird set a $260.00 price target on Pool in a research report on Friday, July 24th. Five research analysts have rated the stock with a Buy rating, seven have assigned a Hold rating and two have issued a Sell rating to the company. Based on data from MarketBeat.com, the company currently has a consensus rating of “Hold” and a consensus target price of $233.10.

Pool Trading Down 1.0%

NASDAQ:POOL opened at $186.36 on Monday. Pool has a 12 month low of $172.68 and a 12 month high of $336.15. 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 stock has a market capitalization of $6.77 billion, a price-to-earnings ratio of 17.14, a PEG ratio of 2.55 and a beta of 1.06. The firm has a fifty day simple moving average of $200.23 and a two-hundred day simple moving average of $206.24.

Pool (NASDAQ:POOL) last issued its earnings results on Thursday, July 23rd. The specialty retailer reported $5.38 EPS for the quarter, beating the consensus estimate of $5.33 by $0.05. The company had revenue of $1.82 billion during the quarter, compared to the consensus estimate of $1.82 billion. Pool had a return on equity of 32.74% and a net margin of 7.40%.The firm’s revenue for the quarter was up 2.2% compared to the same quarter last year. During the same period last year, the business posted $5.17 EPS. Pool has set its FY 2026 guidance at 10.660-10.960 EPS. Analysts expect that Pool will post 10.94 EPS for the current fiscal year.

Pool declared that its board has authorized a stock 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 buy up to 7.8% of its shares through open market purchases. Shares repurchase programs are typically an indication that the company’s management believes its shares are undervalued.

Pool Announces Dividend

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

Institutional Investors Weigh In On Pool

A number of hedge funds have recently made changes to their positions in the business. Clearstead Advisors LLC increased its holdings 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. Elevation Wealth Partners LLC raised its holdings 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 purchasing an additional 133 shares during the period. CYBER HORNET ETFs LLC purchased a new position in Pool in the second quarter valued at approximately $30,000. Covestor Ltd increased its position in Pool by 348.4% in the fourth quarter. Covestor Ltd now owns 139 shares of the specialty retailer’s stock worth $32,000 after buying an additional 108 shares during the last quarter. Finally, CoreCap Advisors LLC lifted its position in shares of Pool by 214.3% during the 2nd quarter. CoreCap Advisors LLC now owns 154 shares of the specialty retailer’s stock valued at $33,000 after buying an additional 105 shares during the last quarter. 98.99% of the stock is currently owned by institutional investors.

More Pool News

Here are the key news stories impacting Pool this week:

• Positive Sentiment: Pool’s valuation may offer downside support after the stock’s significant decline from its 12-month high. The company’s latest reported quarter also showed modest revenue growth and earnings that exceeded consensus estimates, although those results predate the current news cycle.
• Neutral Sentiment: A report stated that Pool had a large increase in short interest, but the underlying figures showed zero shares short and a zero-day short-interest ratio, suggesting the data is unreliable and unlikely to provide a meaningful trading signal.
• Neutral Sentiment: Articles about pool builders in Hawaii, commercial water-treatment systems, robotic pool-vacuum performance and discounted Aiper equipment may provide general industry context, but they do not identify a material change in Pool Corporation’s sales, operations or outlook.
• Neutral Sentiment: News about Latham Group (NASDAQ:SWIM), including its Newsweek recognition, concerns a separate pool-products manufacturer and should not be treated as a direct catalyst for POOL. Likewise, Nvidia’s Poolside artificial-intelligence deal and an unrelated Australian gold project have no apparent connection to Pool Corporation.
• Negative Sentiment: D.A. Davidson initiated coverage of Pool Corporation with a Hold rating, citing the balance between cycle-low valuation and limited near-term growth. The cautious stance may weigh on the stock because it signals that the analyst does not see a clear catalyst for a rapid recovery. PoolCorp: Cycle-Low Valuation but Subdued Growth Keeps Risk/Reward Balanced, Justifying Hold Rating

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.