Algert Global LLC Takes Position in Pool Corporation $POOL

Key Points

• Algert Global LLC initiated a position in Pool Corporation during the second quarter, purchasing 7,770 shares valued at approximately $1.67 million. Institutional investors collectively own 98.99% of the company.
• Analysts have a consensus “Hold” rating on POOL, with an average price target of $233.10; recent targets range from $185 to $227, reflecting several reductions.
• Pool reported quarterly earnings of $5.38 per share, slightly above estimates, while revenue rose 2.2% year over year to $1.82 billion. The company also paid a $1.30 quarterly dividend, equal to a 2.8% annualized yield.

Algert Global LLC bought a new position in Pool Corporation (NASDAQ:POOL - Free Report) in the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm bought 7,770 shares of the specialty retailer's stock, valued at approximately $1,670,000.

Other institutional investors and hedge funds have also modified their holdings of the company. Clearstead Advisors LLC grew its stake in Pool by 100.0% during the 4th quarter. Clearstead Advisors LLC now owns 122 shares of the specialty retailer's stock valued at $28,000 after acquiring an additional 61 shares in the last quarter. Elevation Wealth Partners LLC boosted its holdings in shares of Pool by 2,660.0% during the second 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 acquired a new stake in shares of Pool during the second quarter worth approximately $30,000. Covestor Ltd grew its position in Pool by 348.4% during the fourth quarter. Covestor Ltd now owns 139 shares of the specialty retailer's stock valued at $32,000 after purchasing an additional 108 shares in the last quarter. Finally, CoreCap Advisors LLC grew its position in Pool by 214.3% during the second quarter. CoreCap Advisors LLC now owns 154 shares of the specialty retailer's stock valued at $33,000 after purchasing an additional 105 shares in the last quarter. Hedge funds and other institutional investors own 98.99% of the company's stock.

Analysts Set New Price Targets

Several research firms have recently commented on POOL. Weiss Ratings restated a "sell (d+)" rating on shares of Pool in a report on Tuesday, August 11th. Deutsche Bank Aktiengesellschaft set a $185.00 price objective on Pool in a report on Friday, July 24th. Stifel Nicolaus reduced their price objective on Pool from $235.00 to $189.00 and set a "hold" rating for the company in a research report on Friday, July 24th. DA Davidson assumed coverage on Pool in a research note on Monday, August 24th. They issued a "neutral" rating and a $210.00 target price on the stock. Finally, Oppenheimer dropped their target price on Pool from $280.00 to $227.00 and set an "outperform" rating on the stock in a research report on Friday, July 24th. Five equities research analysts have rated the stock with a Buy rating, seven have issued a Hold rating and two have given a Sell rating to the company's stock. According to data from MarketBeat, the company currently has a consensus rating of "Hold" and an average target price of $233.10.

Pool Stock Up 1.1%

Shares of POOL stock opened at $188.07 on Friday. The stock's 50 day simple moving average is $199.64 and its 200 day simple moving average is $205.07. 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 Corporation has a twelve month low of $172.68 and a twelve month high of $336.15. The company has a market capitalization of $6.83 billion, a price-to-earnings ratio of 17.30, a PEG ratio of 2.54 and a beta of 1.06.

Pool (NASDAQ:POOL - Get Free Report) last posted its earnings results on Thursday, July 23rd. The specialty retailer reported $5.38 earnings per share for the quarter, topping the consensus estimate of $5.33 by $0.05. The firm 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%.The company's revenue for the quarter was up 2.2% on a year-over-year basis. During the same period in the previous year, the company earned $5.17 EPS. Pool has set its FY 2026 guidance at 10.660-10.960 EPS. As a group, research analysts predict that Pool Corporation will post 10.95 EPS for the current year.

Pool Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Thursday, August 27th. Investors of record on Thursday, August 13th were issued a $1.30 dividend. This represents a $5.20 annualized dividend and a yield of 2.8%. The ex-dividend date was Thursday, August 13th. Pool's dividend payout ratio (DPR) is 47.84%.

Pool 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.

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