Findlay Park Partners LLP Invests $37.59 Million in Pool Corporation $POOL

Findlay Park Partners LLP purchased a new stake in shares of Pool Corporation (NASDAQ:POOL - Free Report) during the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor purchased 174,895 shares of the specialty retailer's stock, valued at approximately $37,585,000. Findlay Park Partners LLP owned about 0.48% of Pool at the end of the most recent quarter.

Other large investors have also recently bought and sold shares of the company. Annis Gardner Whiting Capital Advisors LLC raised its position in shares of Pool by 20.0% in the 4th quarter. Annis Gardner Whiting Capital Advisors LLC now owns 270 shares of the specialty retailer's stock worth $62,000 after acquiring an additional 45 shares in the last quarter. Wealthspire Advisors LLC boosted its position in shares of Pool by 4.8% during the 4th quarter. Wealthspire Advisors LLC now owns 1,051 shares of the specialty retailer's stock valued at $240,000 after purchasing an additional 48 shares in the last quarter. Pacer Advisors Inc. boosted its position in shares of Pool by 1.5% during the 1st quarter. Pacer Advisors Inc. now owns 3,384 shares of the specialty retailer's stock valued at $685,000 after purchasing an additional 51 shares in the last quarter. Snowden Capital Advisors LLC grew its stake in Pool by 4.8% during the second quarter. Snowden Capital Advisors LLC now owns 1,163 shares of the specialty retailer's stock worth $339,000 after purchasing an additional 53 shares during the period. Finally, Campbell Newman Asset Management Inc. grew its stake in Pool by 1.1% during the first quarter. Campbell Newman Asset Management Inc. now owns 4,840 shares of the specialty retailer's stock worth $979,000 after purchasing an additional 55 shares during the period. 98.99% of the stock is currently owned by institutional investors and hedge funds.

Pool Stock Performance

Shares of POOL opened at $187.98 on Friday. The firm has a market capitalization of $6.83 billion, a P/E ratio of 17.29, a P/E/G ratio of 2.54 and a beta of 1.06. Pool Corporation has a 52 week low of $172.68 and a 52 week high of $336.15. The stock has a 50 day moving average price of $200.52 and a two-hundred day moving average price of $207.54. 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 (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, beating the consensus estimate of $5.33 by $0.05. Pool had a return on equity of 32.74% and a net margin of 7.40%.The company had revenue of $1.82 billion for the quarter, compared to analysts' expectations of $1.82 billion. During the same quarter in the previous year, the firm earned $5.17 earnings per share. Pool's quarterly revenue was up 2.2% on a year-over-year basis. Pool has set its FY 2026 guidance at 10.660-10.960 EPS. Equities analysts forecast that Pool Corporation will post 10.94 earnings per share for the current fiscal year.

Pool Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, August 27th. Shareholders 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 of this dividend is Thursday, August 13th. Pool's payout ratio is currently 47.84%.

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

Wall Street Analyst Weigh In

Several equities analysts have issued reports on POOL shares. Bank of America dropped their price target on Pool from $226.00 to $206.00 and set an "underperform" rating on the stock in a research note on Monday, July 20th. Robert W. Baird set a $260.00 price objective on shares of Pool in a research note on Friday, July 24th. Stephens reiterated an "overweight" rating and issued a $225.00 price objective on shares of Pool in a research note on Thursday. Oppenheimer dropped their target price on shares of Pool from $280.00 to $227.00 and set an "outperform" rating on the stock in a research report on Friday, July 24th. Finally, Wall Street Zen raised shares of Pool from a "sell" rating to a "hold" rating in a research note on Monday, April 27th. Five research analysts have rated the stock with a Buy rating, six have assigned a Hold rating and two have assigned a Sell rating to the stock. Based on data from MarketBeat, Pool presently has an average rating of "Hold" and an average target price of $235.67.

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.

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.

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