Diversify Advisory Services LLC Acquires New Position in Pool Corporation $POOL

Diversify Advisory Services LLC bought a new position in shares of Pool Corporation (NASDAQ:POOL) during the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm bought 5,251 shares of the specialty retailer’s stock, valued at approximately $969,000.

Other hedge funds have also modified their holdings of the company. Clearstead Advisors LLC increased its stake in shares of Pool by 100.0% in the fourth quarter. Clearstead Advisors LLC now owns 122 shares of the specialty retailer’s stock worth $28,000 after purchasing an additional 61 shares in the last quarter. Private Trust Co. NA lifted its stake in shares of Pool by 78.6% during the 4th quarter. Private Trust Co. NA now owns 125 shares of the specialty retailer’s stock valued at $29,000 after buying an additional 55 shares in the last quarter. Elevation Wealth Partners LLC boosted 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 worth $30,000 after buying an additional 133 shares during the period. CYBER HORNET ETFs LLC bought a new position in Pool in the 2nd quarter worth $30,000. Finally, Covestor Ltd increased its stake in Pool by 348.4% in the 4th quarter. Covestor Ltd now owns 139 shares of the specialty retailer’s stock worth $32,000 after buying an additional 108 shares in the last quarter. 98.99% of the stock is currently owned by institutional investors.

Pool Price Performance

Shares of Pool stock opened at $195.99 on Thursday. The firm has a market cap of $7.12 billion, a PE ratio of 18.03, a PEG ratio of 2.54 and a beta of 1.06. The stock has a 50 day moving average of $200.70 and a 200 day moving average of $208.13. The company has a current ratio of 2.67, a quick ratio of 0.91 and a debt-to-equity ratio of 1.05. Pool Corporation has a 12 month low of $172.68 and a 12 month high of $336.15.

Pool (NASDAQ:POOL) last posted its earnings results on Thursday, July 23rd. The specialty retailer reported $5.38 EPS for the quarter, beating analysts’ consensus estimates of $5.33 by $0.05. Pool had a return on equity of 32.74% and a net margin of 7.40%.The firm had revenue of $1.82 billion during the quarter, compared to the consensus estimate of $1.82 billion. During the same period in the prior year, the company earned $5.17 EPS. The company’s quarterly revenue was up 2.2% compared to the same quarter last year. Pool has set its FY 2026 guidance at 10.660-10.960 EPS. On average, research analysts expect that Pool Corporation will post 10.94 EPS for the current fiscal year.

Pool declared that its Board of Directors has approved a share buyback plan on Wednesday, April 29th that allows the company to repurchase $600.00 million in shares. This repurchase authorization allows the specialty retailer to buy up to 7.8% of its shares through open market purchases. Shares repurchase plans are generally an indication that the company’s management believes its shares are undervalued.

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 paid a $1.30 dividend. This represents a $5.20 dividend on an annualized basis and a dividend yield of 2.7%. The ex-dividend date of this dividend is Thursday, August 13th. Pool’s dividend payout ratio (DPR) is presently 47.84%.

Analyst Upgrades and Downgrades

POOL has been the topic of a number of recent analyst reports. Oppenheimer decreased their price target on Pool from $280.00 to $227.00 and set an “outperform” rating on the stock in a report on Friday, July 24th. Robert W. Baird set a $260.00 target price on Pool in a research report on Friday, July 24th. Deutsche Bank Aktiengesellschaft set a $185.00 target price on Pool in a research note on Friday, July 24th. Zacks Research upgraded Pool from a “strong sell” rating to a “hold” rating in a research note on Monday, April 27th. Finally, Bank of America cut their price objective on shares of Pool from $226.00 to $206.00 and set an “underperform” rating for the company in a report on Monday, July 20th. Five research analysts have rated the stock with a Buy rating, six have issued a Hold rating and two have given a Sell rating to the company. According to MarketBeat, the stock has an average rating of “Hold” and an average price target of $235.67.

Pool Company 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.