15,000 Shares in Pool Corporation $POOL Bought by Weitz Investment Management Inc.

Key Points

• Weitz Investment Management acquired 15,000 Pool Corporation shares worth approximately $3.2 million during the second quarter. Institutional investors collectively own nearly 99% of POOL’s outstanding shares.
• Pool’s latest quarterly results slightly exceeded expectations, with EPS of $5.38 versus the $5.33 consensus and revenue of $1.82 billion, up 2.2% year over year. Fiscal 2026 EPS guidance remains $10.66–$10.96.
• The stock faces mixed sentiment: Pool authorized a $600 million share-repurchase program and declared a $1.30 quarterly dividend, but shares remain below their 50-day and 200-day moving averages. Analysts’ consensus rating is “Hold”, with a $235.67 average price target.

Weitz Investment Management Inc. acquired a new stake in Pool Corporation (NASDAQ:POOL - Free Report) during the 2nd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm acquired 15,000 shares of the specialty retailer's stock, valued at approximately $3,224,000.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of POOL. Northwestern Mutual Wealth Management Co. acquired a new position in Pool during the second quarter worth about $209,000. Academy Capital Management acquired a new stake in shares of Pool in the 2nd quarter valued at approximately $13,025,000. Evolve Private Wealth LLC bought a new stake in shares of Pool during the 2nd quarter valued at approximately $218,000. Findlay Park Partners LLP bought a new stake in shares of Pool during the 2nd quarter valued at approximately $37,585,000. Finally, Chou Associates Management Inc. acquired a new position in Pool during the 2nd quarter worth approximately $2,286,000. Institutional investors own 98.99% of the company's stock.

Pool Stock Performance

Shares of Pool stock opened at $187.98 on Friday. The stock has a market cap of $6.83 billion, a price-to-earnings ratio of 17.29, a P/E/G ratio of 2.54 and a beta of 1.06. Pool Corporation has a twelve month low of $172.68 and a twelve month high of $336.15. The company's fifty day moving average is $200.52 and its 200 day moving average is $207.54. The company has a quick ratio of 0.91, a current ratio of 2.67 and a debt-to-equity ratio of 1.05.

Pool (NASDAQ:POOL - Get Free Report) last announced its earnings results on Thursday, July 23rd. The specialty retailer reported $5.38 earnings per share (EPS) for the quarter, topping the consensus estimate of $5.33 by $0.05. The business had revenue of $1.82 billion during 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%.Pool's revenue for the quarter was up 2.2% compared to the same quarter last year. During the same period last year, the company earned $5.17 EPS. Pool has set its FY 2026 guidance at 10.660-10.960 EPS. Sell-side analysts forecast that Pool Corporation will post 10.94 EPS for the current year.

Pool announced that its board has authorized a share repurchase plan on Wednesday, April 29th that permits the company to buyback $600.00 million in shares. This buyback authorization permits the specialty retailer to reacquire up to 7.8% of its shares through open market purchases. Shares buyback plans are often a sign that the company's board believes its stock is undervalued.

Pool Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Thursday, August 27th. Stockholders of record on Thursday, August 13th will be paid a $1.30 dividend. The ex-dividend date of this dividend is Thursday, August 13th. This represents a $5.20 annualized dividend and a dividend yield of 2.8%. Pool's dividend payout ratio is presently 47.84%.

Key Headlines Impacting Pool

Here are the key news stories impacting Pool this week:

• Positive Sentiment: Stephens reaffirmed its “Overweight” rating on Pool Corporation and maintained a $225 price target, implying substantial upside from the current trading level. Benzinga
• Positive Sentiment: Pool’s latest quarterly results modestly exceeded expectations: earnings per share were $5.38 versus the $5.33 consensus estimate, while revenue reached $1.82 billion and increased 2.2% year over year. Management’s fiscal 2026 EPS guidance remains $10.66–$10.96.
• Neutral Sentiment: The recent report about Nvidia paying $6 billion to license Poolside’s AI software concerns Poolside, not Pool Corporation, and has no apparent impact on POOL. Nvidia Pays $6 Billion to License Poolside AI Model-Development Software
• Neutral Sentiment: Other reports involving Poolin’s cryptocurrency-mining assets, swimming-pool products, and pool-cleaning robots are unrelated to Pool Corporation’s distribution business.
• Negative Sentiment: Although quarterly results were slightly better than expected, revenue was essentially in line with forecasts and the company’s shares remain below both their 50-day and 200-day moving averages, indicating continued technical pressure and investor caution around the pool-construction and renovation market.

Wall Street Analysts Forecast Growth

Several brokerages recently commented on POOL. Wall Street Zen raised shares of Pool from a "sell" rating to a "hold" rating in a research note on Monday, April 27th. Deutsche Bank Aktiengesellschaft set a $185.00 price target on shares of Pool in a report on Friday, July 24th. Zacks Research raised Pool from a "strong sell" rating to a "hold" rating in a report on Monday, April 27th. Bank of America reduced their price objective on Pool from $226.00 to $206.00 and set an "underperform" rating on the stock in a research report on Monday, July 20th. Finally, Robert W. Baird set a $260.00 target price on Pool in a report on Friday, July 24th. Five 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's stock. According to MarketBeat, the stock presently has a consensus rating of "Hold" and a consensus 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.

Want to see what other hedge funds are holding POOL? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Pool Corporation (NASDAQ:POOL - Free Report).

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.

Continue following MarketBeat

Add MarketBeat as your preferred source on Google to see our latest stories in your feed.

Add As Preferred Source