9,370 Shares in Pool Corporation $POOL Purchased by Harber Asset Management LLC

Harber Asset Management LLC purchased a new stake in shares of Pool Corporation (NASDAQ:POOL) in the 2nd quarter, Holdings Channel reports. The fund purchased 9,370 shares of the specialty retailer’s stock, valued at approximately $2,014,000.

Other hedge funds also recently modified their holdings of the company. BlackRock Inc. acquired a new position in shares of Pool in the 2nd quarter worth approximately $866,576,000. Wellington Management Group LLP increased its holdings in Pool by 16.2% during the 3rd quarter. Wellington Management Group LLP now owns 2,563,373 shares of the specialty retailer’s stock valued at $794,825,000 after purchasing an additional 357,643 shares in the last quarter. T. Rowe Price Investment Management Inc. raised its position 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 last quarter. Morgan Stanley raised its position in Pool by 1.8% in the 4th quarter. Morgan Stanley now owns 1,371,772 shares of the specialty retailer’s stock valued at $313,794,000 after purchasing an additional 23,736 shares during the last quarter. Finally, Invesco Ltd. boosted its stake in Pool by 21.6% in the fourth quarter. Invesco Ltd. now owns 837,658 shares of the specialty retailer’s stock worth $191,614,000 after purchasing an additional 148,519 shares in the last quarter. Institutional investors and hedge funds own 98.99% of the company’s stock.

Key Pool News

Here are the key news stories impacting Pool this week:

• Positive Sentiment: Stephens reaffirmed its “Overweight” rating on Pool Corporation and maintained a $225 price target, implying substantial upside from the current trading level. Benzinga
• Positive Sentiment: Pool’s latest quarterly results modestly exceeded expectations: earnings per share were $5.38 versus the $5.33 consensus estimate, while revenue reached $1.82 billion and increased 2.2% year over year. Management’s fiscal 2026 EPS guidance remains $10.66–$10.96.
• Neutral Sentiment: The recent report about Nvidia paying $6 billion to license Poolside’s AI software concerns Poolside, not Pool Corporation, and has no apparent impact on POOL. Nvidia Pays $6 Billion to License Poolside AI Model-Development Software
• Neutral Sentiment: Other reports involving Poolin’s cryptocurrency-mining assets, swimming-pool products, and pool-cleaning robots are unrelated to Pool Corporation’s distribution business.
• Negative Sentiment: Although quarterly results were slightly better than expected, revenue was essentially in line with forecasts and the company’s shares remain below both their 50-day and 200-day moving averages, indicating continued technical pressure and investor caution around the pool-construction and renovation market.

Pool Price Performance

Pool stock opened at $187.98 on Friday. The business’s 50-day simple moving average is $200.52 and its 200 day simple moving average is $207.54. The stock has a market cap of $6.83 billion, a price-to-earnings ratio of 17.29, a P/E/G ratio of 2.58 and a beta of 1.06. Pool Corporation has a 12-month low of $172.68 and a 12-month high of $336.15. The company has a quick ratio of 0.91, a current ratio of 2.67 and a debt-to-equity ratio of 1.05.

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 company had revenue of $1.82 billion for the quarter, compared to the consensus estimate of $1.82 billion. Pool had a net margin of 7.40% and a return on equity of 32.74%. The company’s revenue was up 2.2% compared to the same quarter last year. During the same period in the prior year, the company posted $5.17 EPS. Pool has set its FY 2026 guidance at 10.660-10.960 EPS. As a group, research analysts anticipate that Pool Corporation will post 10.94 earnings per share for the current year.

Pool announced that its board has approved a share repurchase program on Wednesday, April 29th that allows the company to buyback $600.00 million in shares. This buyback authorization allows the specialty retailer to reacquire up to 7.8% of its shares through open market purchases. Shares buyback programs are often a sign that the company’s board believes its shares are undervalued.

Pool Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Thursday, August 27th. Investors of record on Thursday, August 13th will be paid a dividend of $1.30 per share. This represents a $5.20 dividend on an annualized basis and a dividend yield of 2.8%. The ex-dividend date of this dividend is Thursday, August 13th. Pool’s payout ratio is 47.84%.

Analyst Upgrades and Downgrades

Several brokerages have recently commented on POOL. Robert W. Baird set a $260.00 target price on Pool in a report on Friday, July 24th. Bank of America reduced their price target on shares of Pool from $226.00 to $206.00 and set an “underperform” rating on the stock in a research report on Monday, July 20th. Oppenheimer decreased their price objective on shares of Pool from $280.00 to $227.00 and set an “outperform” rating on the stock in a report on Friday, July 24th. Stifel Nicolaus lowered their price objective on shares of Pool from $235.00 to $189.00 and set a “hold” rating for the company in a research report on Friday, July 24th. Finally, Zacks Research upgraded shares of Pool from a “strong sell” rating to a “hold” rating in a research report on Monday, April 27th. Five research analysts have rated the stock with a Buy rating, six have assigned a Hold rating and two have assigned a Sell rating to the company. According to data from MarketBeat, Pool presently has a consensus rating of “Hold” and a consensus price target of $235.67.

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.