Pool Corporation $POOL Shares Purchased by Bank of America Corp DE

Key Points

• Bank of America increased its Pool stake by 48% in the first quarter, purchasing 84,817 additional shares to own 261,402 shares valued at approximately $52.9 million. Institutional investors collectively hold 98.99% of POOL’s outstanding shares.
• Pool reported quarterly EPS of $5.38, exceeding estimates by $0.05, while revenue rose 2.2% year over year to $1.82 billion. The company reaffirmed fiscal 2026 EPS guidance of $10.66–$10.96.
• Pool declared a quarterly dividend of $1.30 per share and has authorized a $600 million share-repurchase program. Despite these shareholder returns, analysts maintain a consensus “Hold” rating, with an average price target of $235.67.

Bank of America Corp DE boosted its stake in shares of Pool Corporation (NASDAQ:POOL - Free Report) by 48.0% during the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 261,402 shares of the specialty retailer's stock after purchasing an additional 84,817 shares during the quarter. Bank of America Corp DE owned approximately 0.72% of Pool worth $52,889,000 as of its most recent SEC filing.

A number of other hedge funds also recently bought and sold shares of POOL. Cim LLC lifted its stake in Pool by 2.4% in the first quarter. Cim LLC now owns 3,613 shares of the specialty retailer's stock worth $731,000 after acquiring an additional 84 shares during the last quarter. Arkadios Wealth Advisors increased its position in shares of Pool by 9.8% in the 1st quarter. Arkadios Wealth Advisors now owns 1,656 shares of the specialty retailer's stock valued at $335,000 after purchasing an additional 148 shares during the last quarter. EverSource Wealth Advisors LLC raised its holdings in shares of Pool by 35.7% in the 1st quarter. EverSource Wealth Advisors LLC now owns 923 shares of the specialty retailer's stock valued at $187,000 after purchasing an additional 243 shares in the last quarter. California State Teachers Retirement System raised its holdings in shares of Pool by 23.5% in the 1st quarter. California State Teachers Retirement System now owns 39,037 shares of the specialty retailer's stock valued at $7,898,000 after purchasing an additional 7,420 shares in the last quarter. Finally, Quantinno Capital Management LP lifted its position in shares of Pool by 29.4% during the 1st quarter. Quantinno Capital Management LP now owns 66,511 shares of the specialty retailer's stock worth $13,457,000 after purchasing an additional 15,099 shares during the last quarter. Institutional investors and hedge funds own 98.99% of the company's stock.

Pool Trading Up 0.8%

NASDAQ:POOL opened at $201.50 on Wednesday. The stock has a fifty day moving average price of $199.58 and a two-hundred day moving average price of $211.00. 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 capitalization of $7.32 billion, a price-to-earnings ratio of 18.54, a PEG ratio of 2.70 and a beta of 1.06. Pool Corporation has a 1 year low of $172.68 and a 1 year high of $336.15.

Pool (NASDAQ:POOL - Get Free Report) last announced its quarterly earnings data on Thursday, July 23rd. The specialty retailer reported $5.38 EPS for the quarter, beating the consensus estimate of $5.33 by $0.05. Pool had a net margin of 7.40% and a return on equity of 32.74%. The firm had revenue of $1.82 billion during the quarter, compared to analysts' expectations of $1.82 billion. During the same quarter last year, the business earned $5.17 earnings per share. The business's revenue for the quarter was up 2.2% compared to the same quarter last year. Pool has set its FY 2026 guidance at 10.660-10.960 EPS. As a group, sell-side analysts anticipate that Pool Corporation will post 10.95 earnings per share for the current fiscal year.

Pool Dividend Announcement

The company 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 dividend of $1.30 per share. This represents a $5.20 annualized dividend and a dividend yield of 2.6%. The ex-dividend date of this dividend is Thursday, August 13th. Pool's payout ratio is 47.84%.

Pool announced that its board has approved a share repurchase plan on Wednesday, April 29th that authorizes the company to buyback $600.00 million in outstanding shares. This buyback authorization authorizes the specialty retailer to buy up to 7.8% of its shares through open market purchases. Shares buyback plans are typically an indication that the company's leadership believes its shares are undervalued.

Wall Street Analyst Weigh In

A number of equities analysts recently commented on the stock. Weiss Ratings downgraded shares of Pool from a "hold (c-)" rating to a "sell (d+)" rating in a research note on Thursday, May 14th. Stifel Nicolaus dropped their price target 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 dropped their price objective on shares of Pool from $290.00 to $225.00 and set an "overweight" rating on the stock in a research note on Friday, July 24th. Zacks Research raised Pool from a "strong sell" rating to a "hold" rating in a report on Monday, April 27th. Finally, Deutsche Bank Aktiengesellschaft set a $185.00 price target on Pool in a report on Friday, July 24th. Five investment analysts have rated the stock with a Buy rating, six have given a Hold rating and two have assigned a Sell rating to the stock. Based on data from MarketBeat.com, the stock has a consensus rating of "Hold" and a consensus target price of $235.67.

More Pool News

Here are the key news stories impacting Pool this week:

• Neutral Sentiment: Reported short interest was listed at zero shares as of August 11, unchanged from the prior reporting period. Because the data show no borrowable short position, the report does not provide a meaningful signal about potential short-covering or bearish sentiment.
• Neutral Sentiment: Several other entries mention unrelated companies, bitcoin mining pools, swimming-pool products or the Lincoln Memorial reflecting pool. They do not concern Pool Corporation and are unlikely to affect POOL shares.
• Negative Sentiment: Pool Corporation shares declined 3.1% in the August 10 session, highlighting continued volatility and investor caution. A recent valuation review assigned the company a GF Score of 66, suggesting a mixed outlook rather than a clearly compelling investment case. Pool Corp Shares Fall 3.1% — What GF Score of 66 Tells Investors

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.

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