Deutsche Bank AG acquired a new position in shares of Pool Corporation (NASDAQ:POOL - Free Report) in the second quarter, according to the company in its most recent filing with the SEC. The firm acquired 7,093 shares of the specialty retailer's stock, valued at approximately $1,524,000.
Other hedge funds and other institutional investors have also modified their holdings of the company. Clearstead Advisors LLC boosted its position 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 acquiring an additional 61 shares during the last quarter. Elevation Wealth Partners LLC raised its holdings 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 during the last quarter. CYBER HORNET ETFs LLC acquired a new position in Pool in the 2nd quarter valued at $30,000. Covestor Ltd raised its holdings in Pool by 348.4% in the 4th quarter. Covestor Ltd now owns 139 shares of the specialty retailer's stock valued at $32,000 after acquiring an additional 108 shares during the last quarter. Finally, CoreCap Advisors LLC lifted its stake in shares of Pool by 214.3% during the 2nd quarter. CoreCap Advisors LLC now owns 154 shares of the specialty retailer's stock worth $33,000 after purchasing an additional 105 shares during the period. 98.99% of the stock is currently owned by hedge funds and other institutional investors.
Pool Price Performance
Shares of Pool stock opened at $188.07 on Friday. Pool Corporation has a twelve month low of $172.68 and a twelve month high of $336.15. The stock has a market capitalization of $6.83 billion, a P/E ratio of 17.30, a PEG ratio of 2.54 and a beta of 1.06. 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 business's fifty day moving average price is $199.64 and its 200 day moving average price is $205.07.
Pool (NASDAQ:POOL - Get Free Report) last announced its quarterly earnings results on Thursday, July 23rd. The specialty retailer reported $5.38 EPS for the quarter, topping the consensus estimate of $5.33 by $0.05. The company 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 firm's revenue was up 2.2% on a year-over-year basis. During the same period in the prior year, the firm posted $5.17 earnings per share. Pool has set its FY 2026 guidance at 10.660-10.960 EPS. As a group, research analysts anticipate that Pool Corporation will post 10.95 earnings per share for the current year.
Pool Dividend Announcement
The firm also recently announced a quarterly dividend, which was paid on Thursday, August 27th. Investors of record on Thursday, August 13th were given 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 of this dividend was Thursday, August 13th. Pool's dividend payout ratio is 47.84%.
Analysts Set New Price Targets
A number of equities research analysts have recently commented on POOL shares. Oppenheimer lowered their price objective on Pool from $280.00 to $227.00 and set an "outperform" rating for the company in a research report on Friday, July 24th. DA Davidson began coverage on Pool in a research report on Monday, August 24th. They set a "neutral" rating and a $210.00 target price on the stock. Stifel Nicolaus reduced their target price on Pool from $235.00 to $189.00 and set a "hold" rating on the stock in a research report on Friday, July 24th. Robert W. Baird set a $260.00 price target on Pool in a research note on Friday, July 24th. Finally, Bank of America lowered their price target on Pool from $226.00 to $206.00 and set an "underperform" rating for the company in a report on Monday, July 20th. Five equities research analysts have rated the stock with a Buy rating, seven have given a Hold rating and two have assigned a Sell rating to the company's stock. According to MarketBeat, the stock presently has an average rating of "Hold" and a consensus target price of $233.10.
Get Our Latest Research Report on Pool
Pool Company Profile
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Free Report)
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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