Waverly Advisors LLC Has $8.31 Million Position in Pool Corporation $POOL

Waverly Advisors LLC grew its stake in Pool Corporation (NASDAQ:POOL) by 277.6% during the 2nd quarter, Holdings Channel.com reports. The firm owned 38,682 shares of the specialty retailer’s stock after acquiring an additional 28,438 shares during the period. Waverly Advisors LLC’s holdings in Pool were worth $8,313,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds also recently modified their holdings of the company. Nykredit A S acquired a new position in Pool in the 2nd quarter valued at about $384,000. Corient Private Wealth LP lifted its position in Pool by 59.5% during the second quarter. Corient Private Wealth LP now owns 433,569 shares of the specialty retailer’s stock worth $93,174,000 after acquiring an additional 161,787 shares during the last quarter. Formuepleje A S boosted its holdings in shares of Pool by 8.2% during the second quarter. Formuepleje A S now owns 157,327 shares of the specialty retailer’s stock worth $33,810,000 after acquiring an additional 11,868 shares during the period. HighTower Advisors LLC boosted its holdings in shares of Pool by 21.6% during the second quarter. HighTower Advisors LLC now owns 2,126 shares of the specialty retailer’s stock worth $457,000 after acquiring an additional 378 shares during the period. Finally, VIRGINIA RETIREMENT SYSTEMS ET Al acquired a new position in shares of Pool in the second quarter valued at approximately $460,000. Institutional investors and hedge funds own 98.99% of the company’s stock.

Analysts Set New Price Targets

A number of equities analysts have recently weighed in on POOL shares. Robert W. Baird set a $260.00 target price on Pool in a research note on Friday, July 24th. Stephens reaffirmed an “overweight” rating and issued a $225.00 price objective on shares of Pool in a report on Thursday, August 20th. Bank of America reduced their target price on shares of Pool from $226.00 to $206.00 and set an “underperform” rating for the company in a research report on Monday, July 20th. Weiss Ratings restated a “sell (d+)” rating on shares of Pool in a research note on Tuesday, August 11th. Finally, Stifel Nicolaus lowered their price target on shares of Pool from $235.00 to $189.00 and set a “hold” rating on the stock in a research report on Friday, July 24th. Five research analysts have rated the stock with a Buy rating, seven have issued a Hold rating and two have issued a Sell rating to the company’s stock. According to MarketBeat.com, the company presently has an average rating of “Hold” and an average price target of $233.10.

Pool Trading Up 0.3%

Shares of POOL stock opened at $177.92 on Thursday. The stock has a market cap of $6.47 billion, a P/E ratio of 16.37, a price-to-earnings-growth ratio of 2.40 and a beta of 1.06. Pool Corporation has a 1 year low of $172.68 and a 1 year 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 50 day simple moving average of $195.74 and a 200 day simple moving average of $200.39.

Pool (NASDAQ:POOL) last posted its quarterly earnings data 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 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 company’s revenue was up 2.2% on a year-over-year basis. During the same quarter last year, the company earned $5.17 EPS. Pool has set its FY 2026 guidance at 10.660-10.960 EPS. On average, research analysts predict that Pool Corporation will post 10.95 earnings per share for the current fiscal year.

Pool Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Thursday, August 27th. Investors of record on Thursday, August 13th were given a $1.30 dividend. The ex-dividend date was Thursday, August 13th. This represents a $5.20 dividend on an annualized basis and a dividend yield of 2.9%. Pool’s dividend payout ratio (DPR) is presently 47.84%.

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.