NewEdge Wealth LLC Acquires 9,530 Shares of Pool Corporation $POOL

NewEdge Wealth LLC boosted its holdings in shares of Pool Corporation (NASDAQ:POOL) by 87.9% during the 1st quarter, HoldingsChannel reports. The institutional investor owned 20,378 shares of the specialty retailer’s stock after buying an additional 9,530 shares during the period. NewEdge Wealth LLC’s holdings in Pool were worth $4,123,000 as of its most recent SEC filing.

Other institutional investors also recently bought and sold shares of the company. Clearstead Advisors LLC boosted its stake in shares of Pool by 100.0% during the 4th quarter. Clearstead Advisors LLC now owns 122 shares of the specialty retailer’s stock worth $28,000 after acquiring an additional 61 shares in the last quarter. Private Trust Co. NA raised its stake in shares of Pool by 78.6% in the 4th quarter. Private Trust Co. NA now owns 125 shares of the specialty retailer’s stock valued at $29,000 after acquiring an additional 55 shares in the last quarter. CYBER HORNET ETFs LLC bought a new position in shares of Pool in the 2nd quarter valued at approximately $30,000. Covestor Ltd raised its stake in shares of Pool by 348.4% in the 4th quarter. Covestor Ltd now owns 139 shares of the specialty retailer’s stock valued at $32,000 after acquiring an additional 108 shares in the last quarter. Finally, MUFG Securities EMEA plc acquired a new stake in Pool in the 2nd quarter worth approximately $33,000. 98.99% of the stock is currently owned by institutional investors.

Key Stories Impacting Pool

Here are the key news stories impacting Pool this week:

• Positive Sentiment: Pool reported second-quarter revenue of about $1.82 billion, up 2% year over year, with adjusted EPS of $5.38 beating estimates. The company also said recurring maintenance demand and building materials growth helped offset softness elsewhere. Article Title
• Positive Sentiment: Management confirmed its annual earnings outlook excluding CEO transition costs, suggesting the core business remains stable despite a mixed quarter. Article Title
• Neutral Sentiment: Analyst commentary has been mixed-to-neutral, with at least one firm maintaining a Hold rating after the earnings release, reinforcing a wait-and-see stance. Article Title
• Negative Sentiment: Gross margin declined and operating income fell, with management pointing to higher freight costs, customer mix, muted discretionary demand, and weak new pool construction as headwinds. Article Title
• Negative Sentiment: The company’s FY2026 EPS guidance of $10.66 to $10.96 came in below the market’s expectation, which may be weighing on investor sentiment. Article Title

Wall Street Analyst Weigh In

A number of equities research analysts have issued reports on the company. Wall Street Zen raised Pool from a “sell” rating to a “hold” rating in a research report on Monday, April 27th. Zacks Research raised shares of Pool from a “strong sell” rating to a “hold” rating in a research report on Monday, April 27th. Stephens reduced their price objective on shares of Pool from $290.00 to $225.00 and set an “overweight” rating for the company in a research note on Friday. Deutsche Bank Aktiengesellschaft set a $185.00 price objective on shares of Pool in a report on Friday. Finally, Bank of America lowered their target price on shares of Pool from $226.00 to $206.00 and set an “underperform” rating on the stock in a research note on Monday, July 20th. Five equities research analysts have rated the stock with a Buy rating, six have given a Hold rating and two have issued a Sell rating to the company’s stock. According to data from MarketBeat.com, Pool currently has an average rating of “Hold” and a consensus target price of $235.67.

Pool Price Performance

NASDAQ POOL opened at $183.77 on Friday. The stock has a 50-day simple moving average of $196.10 and a 200 day simple moving average of $216.26. Pool Corporation has a twelve month low of $172.68 and a twelve month high of $336.15. The stock has a market capitalization of $6.70 billion, a PE ratio of 16.91, a P/E/G ratio of 2.36 and a beta of 1.05. The company has a debt-to-equity ratio of 1.05, a quick ratio of 0.55 and a current ratio of 2.67.

Pool (NASDAQ:POOL) last released its earnings results on Thursday, July 23rd. The specialty retailer reported $5.38 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $5.33 by $0.05. The firm had revenue of $1.82 billion for the quarter, compared to analyst estimates of $1.82 billion. Pool had a return on equity of 32.74% and a net margin of 7.40%.The company’s revenue was up 2.2% on a year-over-year basis. During the same quarter last year, the firm posted $5.17 EPS. Pool has set its FY 2026 guidance at 10.660-10.960 EPS. Research analysts anticipate that Pool Corporation will post 11.02 EPS for the current year.

Pool Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, May 28th. Stockholders of record on Thursday, May 14th were given a $1.30 dividend. This is a positive change from Pool’s previous quarterly dividend of $1.25. This represents a $5.20 annualized dividend and a dividend yield of 2.8%. The ex-dividend date of this dividend was Thursday, May 14th. Pool’s dividend payout ratio (DPR) is currently 47.84%.

Pool declared that its board has initiated a stock repurchase program on Wednesday, April 29th that authorizes the company to buyback $600.00 million in outstanding shares. This buyback authorization authorizes the specialty retailer to reacquire up to 7.8% of its stock through open market purchases. Stock buyback programs are often an indication that the company’s board believes its stock is undervalued.

Insiders Place Their Bets

In related news, Director De La Mesa Manuel J. Perez bought 10,000 shares of the company’s stock in a transaction that occurred on Wednesday, May 13th. The shares were acquired at an average price of $175.95 per share, with a total value of $1,759,500.00. Following the completion of the transaction, the director owned 40,108 shares of the company’s stock, valued at $7,057,002.60. The trade was a 33.21% increase in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, Director John E. Stokely bought 1,000 shares of the business’s stock in a transaction that occurred on Thursday, May 7th. The shares were bought at an average price of $193.06 per share, with a total value of $193,060.00. Following the completion of the purchase, the director owned 16,230 shares in the company, valued at approximately $3,133,363.80. The trade was a 6.57% increase in their ownership of the stock. The SEC filing for this purchase provides additional information. Insiders purchased a total of 21,989 shares of company stock valued at $4,042,747 over the last ninety days. 3.00% of the stock is owned by insiders.

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.