Sone Capital Management LLC Acquires Shares of 146,366 Pool Corporation $POOL

Key Points

• Sone Capital Management acquired 146,366 Pool shares valued at approximately $31.5 million, making up 2.4% of its portfolio and about 0.40% of Pool’s outstanding stock. Institutional investors collectively own 98.99% of the company.
• Analysts maintain a mixed view, with five Buy, six Hold, and two Sell ratings. The consensus price target is $233.10, compared with Pool’s reported share price of $188.24.
• Pool exceeded quarterly earnings expectations with $5.38 in EPS and $1.82 billion in revenue, while declaring a $1.30 quarterly dividend and authorizing a $600 million share-repurchase program.

Sone Capital Management LLC acquired a new stake in shares of Pool Corporation (NASDAQ:POOL - Free Report) in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 146,366 shares of the specialty retailer's stock, valued at approximately $31,454,000. Pool makes up approximately 2.4% of Sone Capital Management LLC's portfolio, making the stock its 6th biggest position. Sone Capital Management LLC owned about 0.40% of Pool as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other large investors also recently modified their holdings of the company. CYBER HORNET ETFs LLC bought a new stake in Pool during the 2nd quarter valued at $30,000. MUFG Securities EMEA plc bought a new position in shares of Pool in the second quarter valued at $33,000. Clearstead Advisors LLC grew its holdings in shares of Pool by 100.0% during the fourth quarter. Clearstead Advisors LLC now owns 122 shares of the specialty retailer's stock valued at $28,000 after buying an additional 61 shares during the last quarter. Elevation Wealth Partners LLC grew 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 valued at $30,000 after buying an additional 133 shares during the last quarter. Finally, Covestor Ltd increased its position in shares of Pool by 348.4% during the fourth quarter. Covestor Ltd now owns 139 shares of the specialty retailer's stock worth $32,000 after acquiring an additional 108 shares in the last quarter. 98.99% of the stock is currently owned by institutional investors.

Analysts Set New Price Targets

Several equities analysts recently weighed in on POOL shares. Deutsche Bank Aktiengesellschaft set a $185.00 price target on shares of Pool in a research report on Friday, July 24th. Robert W. Baird set a $260.00 price objective on Pool in a report on Friday, July 24th. Oppenheimer lowered their price objective on Pool from $280.00 to $227.00 and set an "outperform" rating for the company in a research note on Friday, July 24th. Stephens reaffirmed an "overweight" rating and set a $225.00 target price on shares of Pool in a research report on Thursday, August 20th. Finally, Bank of America decreased 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, six have issued a Hold rating and two have assigned a Sell rating to the company's stock. According to MarketBeat, the company presently has an average rating of "Hold" and a consensus target price of $233.10.

Pool Trading Up 0.1%

Shares of POOL stock opened at $188.24 on Tuesday. 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 company has a market capitalization of $6.84 billion, a price-to-earnings ratio of 17.32, a PEG 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 company has a 50-day simple moving average of $200.47 and a two-hundred day simple moving average of $206.76.

Pool (NASDAQ:POOL - Get Free Report) last posted its 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 firm had revenue of $1.82 billion for the quarter, compared to analysts' expectations of $1.82 billion. Pool had a net margin of 7.40% and a return on equity of 32.74%. The company's quarterly revenue was up 2.2% compared to the same quarter last year. During the same quarter last year, the firm earned $5.17 EPS. Pool has set its FY 2026 guidance at 10.660-10.960 EPS. Research analysts anticipate that Pool Corporation will post 10.94 EPS for the current fiscal year.

Pool Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, August 27th. Shareholders of record on Thursday, August 13th will be given a $1.30 dividend. The ex-dividend date of this dividend is Thursday, August 13th. This represents a $5.20 annualized dividend and a yield of 2.8%. Pool's payout ratio is currently 47.84%.

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

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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