Kerrisdale Advisers LLC Increases Stock Holdings in Pool Corporation $POOL

Key Points

• Kerrisdale Advisers increased its Pool Corporation stake by 39.8% in the second quarter, bringing its holdings to 33,795 shares valued at approximately $7.3 million. Institutional investors collectively own 98.99% of Pool’s stock.
• Pool reported quarterly EPS of $5.38, slightly ahead of analyst expectations, while revenue rose 2.2% year over year to $1.82 billion. The company maintained fiscal 2026 EPS guidance of $10.66–$10.96.
• Pool paid a quarterly dividend of $1.30, equal to an annualized $5.20 and a 2.8% yield. Analysts hold a consensus “Hold” rating, with a target price of $233.10 versus the stock’s recent price of $188.07.

Kerrisdale Advisers LLC increased its position in Pool Corporation (NASDAQ:POOL - Free Report) by 39.8% in the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 33,795 shares of the specialty retailer's stock after acquiring an additional 9,620 shares during the quarter. Pool comprises about 1.8% of Kerrisdale Advisers LLC's holdings, making the stock its 12th biggest holding. Kerrisdale Advisers LLC owned 0.09% of Pool worth $7,263,000 at the end of the most recent reporting period.

Other hedge funds also recently bought and sold shares of the company. BlackRock Inc. purchased a new stake in Pool in the 2nd quarter worth approximately $866,576,000. T. Rowe Price Investment Management Inc. boosted its holdings in Pool by 3,831.9% in the 4th quarter. T. Rowe Price Investment Management Inc. now owns 2,001,987 shares of the specialty retailer's stock valued at $457,955,000 after purchasing an additional 1,951,070 shares during the period. Bank of New York Mellon Corp purchased a new position in shares of Pool during the 2nd quarter valued at $148,216,000. Corient Private Wealth LP purchased a new position in shares of Pool during the 2nd quarter valued at $93,011,000. Finally, Norges Bank bought a new position in shares of Pool in the fourth quarter worth $97,612,000. Hedge funds and other institutional investors own 98.99% of the company's stock.

Pool Stock Performance

Pool stock opened at $188.07 on Monday. The firm's fifty day moving average price is $199.64 and its 200-day moving average price is $204.67. The company has a debt-to-equity ratio of 1.05, a quick ratio of 0.91 and a current ratio of 2.67. The stock has a market cap of $6.83 billion, a P/E ratio of 17.30, a price-to-earnings-growth ratio of 2.54 and a beta of 1.06. Pool Corporation has a fifty-two week low of $172.68 and a fifty-two week high of $336.15.

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 company had revenue of $1.82 billion during the quarter, compared to analyst estimates of $1.82 billion. Pool had a net margin of 7.40% and a return on equity of 32.74%. The firm's quarterly revenue was up 2.2% compared to the same quarter last year. During the same period in the previous year, the business earned $5.17 earnings per share. Pool has set its FY 2026 guidance at 10.660-10.960 EPS. On average, equities research analysts expect that Pool Corporation will post 10.95 earnings per share for the current fiscal year.

Pool Announces Dividend

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

Analyst Upgrades and Downgrades

A number of brokerages recently issued reports on POOL. Weiss Ratings reiterated a "sell (d+)" rating on shares of Pool in a research report on Tuesday, August 11th. 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 for the company. Stifel Nicolaus decreased their target price on Pool from $235.00 to $189.00 and set a "hold" rating on the stock in a research note on Friday, July 24th. Stephens reaffirmed an "overweight" rating and issued a $225.00 price target on shares of Pool in a report on Thursday, August 20th. Finally, Robert W. Baird set a $260.00 price target on Pool in a research report on Friday, July 24th. Five research analysts have rated the stock with a Buy rating, seven have given a Hold rating and two have issued a Sell rating to the stock. According to data from MarketBeat.com, the stock currently has a consensus rating of "Hold" and a consensus price target of $233.10.

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.

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