Man Group plc Makes New $1.50 Million Investment in Pool Corporation $POOL

Man Group plc bought a new position in Pool Corporation (NASDAQ:POOL) during the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm bought 6,976 shares of the specialty retailer’s stock, valued at approximately $1,499,000.

A number of other hedge funds also recently added to or reduced their stakes in the stock. Jacobs Levy Equity Management Inc. bought a new position in shares of Pool during the first quarter worth about $400,000. Millennium Management LLC lifted its position in Pool by 237.9% in the 1st quarter. Millennium Management LLC now owns 17,390 shares of the specialty retailer’s stock valued at $5,536,000 after purchasing an additional 12,244 shares during the last quarter. Empowered Funds LLC acquired a new position in Pool during the 1st quarter valued at about $639,000. Geneos Wealth Management Inc. boosted its stake in Pool by 164.4% during the 1st quarter. Geneos Wealth Management Inc. now owns 156 shares of the specialty retailer’s stock valued at $50,000 after purchasing an additional 97 shares during the period. Finally, Acadian Asset Management LLC grew its position in Pool by 201.2% in the 1st quarter. Acadian Asset Management LLC now owns 2,012 shares of the specialty retailer’s stock worth $639,000 after purchasing an additional 1,344 shares during the last quarter. 98.99% of the stock is currently owned by institutional investors.

Wall Street Analysts Forecast Growth

A number of equities research analysts have recently weighed in on the company. Stifel Nicolaus cut their price target on Pool from $235.00 to $189.00 and set a “hold” rating on the stock in a report on Friday, July 24th. Stephens restated an “overweight” rating and issued a $225.00 target price on shares of Pool in a research report on Thursday, August 20th. Weiss Ratings reiterated a “sell (d+)” rating on shares of Pool in a research report on Tuesday, August 11th. Oppenheimer lowered 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. Finally, DA Davidson began coverage on shares of Pool in a report on Monday, August 24th. They issued a “neutral” rating and a $210.00 price objective for the company. Five investment analysts have rated the stock with a Buy rating, seven have assigned a Hold rating and two have assigned a Sell rating to the company. Based on data from MarketBeat.com, Pool presently has a consensus rating of “Hold” and a consensus target price of $233.10.

Pool Stock Performance

NASDAQ:POOL opened at $182.99 on Thursday. The company has a 50-day moving average of $198.76 and a 200-day moving average of $202.86. The firm has a market cap of $6.65 billion, a price-to-earnings ratio of 16.83, a price-to-earnings-growth ratio of 2.47 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 twelve month low of $172.68 and a twelve month high of $336.15.

Pool (NASDAQ:POOL) last issued its earnings results on Thursday, July 23rd. The specialty retailer reported $5.38 earnings per share for the quarter, topping analysts’ consensus estimates of $5.33 by $0.05. The firm had revenue of $1.82 billion during 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 firm’s revenue for the quarter was up 2.2% compared to the same quarter last year. During the same period last year, the firm posted $5.17 earnings per share. Pool has set its FY 2026 guidance at 10.660-10.960 EPS. Analysts forecast that Pool Corporation will post 10.95 earnings per share for the current fiscal year.

Pool Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Thursday, August 27th. Investors of record on Thursday, August 13th were given a $1.30 dividend. 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 (DPR) 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.