Kerrisdale Advisers LLC Boosts Holdings in Pool Corporation $POOL

Kerrisdale Advisers LLC lifted its holdings in Pool Corporation (NASDAQ:POOL) by 39.8% in the second quarter, HoldingsChannel reports. The fund owned 33,795 shares of the specialty retailer’s stock after buying an additional 9,620 shares during the period. Pool makes up 1.8% of Kerrisdale Advisers LLC’s investment portfolio, making the stock its 12th biggest position. Kerrisdale Advisers LLC’s holdings in Pool were worth $7,263,000 at the end of the most recent reporting period.

Other institutional investors also recently made changes to their positions in the company. Deprince Race & Zollo Inc. increased its holdings in shares of Pool by 197.5% in the first quarter. Deprince Race & Zollo Inc. now owns 170,676 shares of the specialty retailer’s stock worth $34,533,000 after buying an additional 113,306 shares during the period. Schwartz Investment Counsel Inc. purchased a new stake in Pool during the 4th quarter valued at about $4,575,000. King Luther Capital Management Corp grew its position in Pool by 236.4% during the 4th quarter. King Luther Capital Management Corp now owns 11,146 shares of the specialty retailer’s stock worth $2,550,000 after acquiring an additional 7,833 shares during the last quarter. CenterBook Partners LP bought a new position in Pool during the 4th quarter worth approximately $3,381,000. Finally, LRT Capital Management LLC purchased a new position in Pool in the 4th quarter worth approximately $1,188,000. Hedge funds and other institutional investors own 98.99% of the company’s stock.

Analysts Set New Price Targets

POOL has been the subject of several recent research reports. Stifel Nicolaus lowered their price objective on Pool from $235.00 to $189.00 and set a “hold” rating for the company in a research report on Friday, July 24th. Weiss Ratings restated a “sell (d+)” rating on shares of Pool in a report on Tuesday, August 11th. Deutsche Bank Aktiengesellschaft set a $185.00 target price on shares of Pool in a research note on Friday, July 24th. DA Davidson initiated coverage on shares of Pool in a report on Monday, August 24th. They set a “neutral” rating and a $210.00 price target for the company. Finally, Bank of America dropped their price target on shares of Pool from $226.00 to $206.00 and set an “underperform” rating for the company in a research report on Monday, July 20th. Five research analysts have rated the stock with a Buy rating, seven have issued a Hold rating and two have assigned a Sell rating to the company. Based on data from MarketBeat.com, the stock has an average rating of “Hold” and an average price target of $233.10.

Pool Stock Performance

NASDAQ:POOL opened at $188.07 on Monday. The company has a 50-day moving average price of $199.64 and a 200-day moving average price of $204.67. The stock has a market cap of $6.83 billion, a price-to-earnings ratio of 17.30, a P/E/G ratio of 2.54 and a beta of 1.06. 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 announced its quarterly earnings results on Thursday, July 23rd. The specialty retailer reported $5.38 earnings per share (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 company had revenue of $1.82 billion for the quarter, compared to analysts’ expectations of $1.82 billion. During the same quarter in the previous year, the company earned $5.17 earnings per share. Pool’s quarterly revenue was up 2.2% on a year-over-year basis. Pool has set its FY 2026 guidance at 10.660-10.960 EPS. Equities analysts predict that Pool Corporation will post 10.95 EPS for the current year.

Pool Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Thursday, August 27th. Shareholders of record on Thursday, August 13th were issued a dividend of $1.30 per share. The ex-dividend date was Thursday, August 13th. This represents a $5.20 dividend on an annualized basis and a dividend yield of 2.8%. Pool’s dividend payout ratio is 47.84%.

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.