Corient Private Wealth LP Has $93.17 Million Stake in Pool Corporation $POOL

Corient Private Wealth LP lifted its stake in Pool Corporation (NASDAQ:POOL) by 59.5% during the second quarter, Holdings Channel reports. The fund owned 433,569 shares of the specialty retailer’s stock after acquiring an additional 161,787 shares during the quarter. Corient Private Wealth LP’s holdings in Pool were worth $93,174,000 as of its most recent filing with the SEC.

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

Key Pool News

Here are the key news stories impacting Pool this week:

• Positive Sentiment: Articles about swimming-pool heat pumps in Hyderabad, Chennai, Bangalore, and Pune point to ongoing interest in pool equipment and heating solutions. However, they are general product articles and do not announce sales, contracts, or partnerships involving Pool Corporation (POOL). Heat Pumps For Swimming Pools in Hyderabad
• Neutral Sentiment: The reported short-interest data lists zero shares short both before and after the update, making the stated increase and zero-day days-to-cover ratio appear to be a data error. It provides no meaningful signal for POOL’s valuation or trading outlook.
• Neutral Sentiment: A general article on biofilm removers for pools and hot tubs discusses pool-maintenance products but does not identify Pool Corporation, its customers, or its financial performance. Choosing the Best Biofilm Remover for Pools and Hot Tubs
• Negative Sentiment: The remaining items concern QuickFee, Zoomex, the Washington, D.C. Reflecting Pool, and an unrelated human-interest story. They have no identifiable impact on Pool Corporation’s earnings, operations, or valuation.

Wall Street Analysts Forecast Growth

POOL has been the subject of a number of research analyst reports. DA Davidson started coverage on shares of Pool in a research report on Monday, August 24th. They set a “neutral” rating and a $210.00 target price for the company. Bank of America lowered their price target on Pool from $226.00 to $206.00 and set an “underperform” rating on the stock in a research report on Monday, July 20th. Robert W. Baird set a $260.00 price objective on Pool in a research note on Friday, July 24th. Stifel Nicolaus cut 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. Finally, Deutsche Bank Aktiengesellschaft set a $185.00 target price on Pool in a research note on Friday, July 24th. Five analysts have rated the stock with a Buy rating, seven have issued a Hold rating and two have given a Sell rating to the stock. According to MarketBeat.com, Pool presently has a consensus rating of “Hold” and a consensus target price of $230.10.

Pool Price Performance

Shares of NASDAQ:POOL opened at $173.04 on Friday. Pool Corporation has a 1-year low of $172.60 and a 1-year high of $336.15. The firm has a market capitalization of $6.29 billion, a PE ratio of 15.92, a PEG ratio of 2.38 and a beta of 1.06. The business’s 50 day moving average is $193.93 and its 200-day moving average is $199.88. 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 (NASDAQ:POOL) last issued 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. The business had revenue of $1.82 billion during 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%.Pool’s revenue was up 2.2% on a year-over-year basis. During the same period in the prior year, the company posted $5.17 earnings per share. Pool has set its FY 2026 guidance at 10.660-10.960 EPS. Sell-side analysts predict that Pool Corporation will post 10.95 earnings per share for the current year.

Pool Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Thursday, August 27th. Shareholders of record on Thursday, August 13th were issued a $1.30 dividend. This represents a $5.20 annualized dividend and a yield of 3.0%. The ex-dividend date of this dividend was Thursday, August 13th. Pool’s payout ratio is 47.84%.

About Pool

Pool Corporation, doing business as POOLCORP, is a distributor of swimming pool supplies, equipment and related outdoor-living products. The company serves swimming pool contractors, retailers, service companies and other industry professionals, providing products such as pumps, filters, heaters, chemicals, lighting, cleaners, replacement parts and maintenance supplies.

POOLCORP also distributes products used in the construction and enhancement of outdoor living spaces, including patio and landscape materials, irrigation products, outdoor kitchens and related equipment.