Bank of New York Mellon Corp bought a new stake in shares of Pool Corporation (NASDAQ:POOL - Free Report) in the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund bought 689,698 shares of the specialty retailer's stock, valued at approximately $148,216,000. Bank of New York Mellon Corp owned approximately 1.90% of Pool as of its most recent SEC filing.

• Berkshire Sells Visa, Domino's, and Pool Corp: Should You Follow?

A number of other institutional investors and hedge funds have also bought and sold shares of the stock. State of Wyoming bought a new position in shares of Pool during the second quarter valued at about $388,000. Oppenheimer Asset Management Inc. bought a new position in Pool in the second quarter worth about $9,094,000. Fulton Bank N.A. raised its position in shares of Pool by 210.2% in the 2nd quarter. Fulton Bank N.A. now owns 6,338 shares of the specialty retailer's stock worth $1,362,000 after acquiring an additional 4,295 shares in the last quarter. First Bank & Trust lifted its position in Pool by 17.7% during the second quarter. First Bank & Trust now owns 1,779 shares of the specialty retailer's stock valued at $382,000 after buying an additional 267 shares during the period. Finally, Eldred Rock Partners LLC lifted its position in Pool by 63.9% during the 2nd quarter. Eldred Rock Partners LLC now owns 88,552 shares of the specialty retailer's stock valued at $19,030,000 after acquiring an additional 34,524 shares during the period. 98.99% of the stock is owned by hedge funds and other institutional investors.

Pool Stock Performance

Shares of Pool stock opened at $187.98 on Monday. The stock's fifty day moving average is $200.52 and its two-hundred day moving average is $207.22. The company has a quick ratio of 0.91, a current ratio of 2.67 and a debt-to-equity ratio of 1.05. The company has a market capitalization of $6.83 billion, a PE ratio of 17.29, a price-to-earnings-growth ratio of 2.54 and a beta of 1.06. Pool Corporation has a 52 week low of $172.68 and a 52 week high of $336.15.

• Consumer-Driven Stocks Boost Buybacks, Including Visa's $20B Plan

Pool (NASDAQ:POOL - Get Free Report) last released its quarterly earnings data on Thursday, July 23rd. The specialty retailer reported $5.38 EPS for the quarter, topping the consensus estimate of $5.33 by $0.05. Pool had a return on equity of 32.74% and a net margin of 7.40%.The company had revenue of $1.82 billion for the quarter, compared to the consensus estimate of $1.82 billion. During the same period last year, the business posted $5.17 EPS. 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. As a group, analysts expect that Pool Corporation will post 10.94 earnings per share for the current year.

Pool declared that its board has initiated a share repurchase plan on Wednesday, April 29th that allows the company to buyback $600.00 million in shares. This buyback authorization allows the specialty retailer to repurchase up to 7.8% of its stock through open market purchases. Stock buyback plans are typically a sign that the company's board of directors believes its stock is undervalued.

Pool Dividend Announcement

• Willing and Abel: Berkshire's New CEO Makes Huge Portfolio Changes in Q1

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, August 27th. Stockholders of record on Thursday, August 13th will be issued a dividend of $1.30 per share. The ex-dividend date is Thursday, August 13th. This represents a $5.20 annualized dividend and a dividend yield of 2.8%. Pool's dividend payout ratio is 47.84%.

Analyst Upgrades and Downgrades

Several analysts recently commented on POOL shares. Stifel Nicolaus cut their price objective on shares of Pool from $235.00 to $189.00 and set a "hold" rating on the stock in a research report on Friday, July 24th. Zacks Research upgraded Pool from a "strong sell" rating to a "hold" rating in a research report on Monday, April 27th. Deutsche Bank Aktiengesellschaft set a $185.00 price target on shares of Pool in a research report on Friday, July 24th. Wall Street Zen raised Pool from a "sell" rating to a "hold" rating in a research report on Monday, April 27th. Finally, Bank of America dropped their target price on shares of Pool from $226.00 to $206.00 and set an "underperform" rating for the company in a report on Monday, July 20th. Five equities research analysts have rated the stock with a Buy rating, six have assigned a Hold rating and two have issued a Sell rating to the company's stock. Based on data from MarketBeat.com, the company presently has an average rating of "Hold" and a consensus price target of $235.67.

Check Out Our Latest Stock Analysis on Pool

Pool News Roundup

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 Profile

(Free Report)

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.

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