SummitTX Capital L.P. Reduces Stock Holdings in Pool Corporation $POOL

SummitTX Capital L.P. lowered its stake in shares of Pool Corporation (NASDAQ:POOL) by 68.9% during the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 2,013 shares of the specialty retailer’s stock after selling 4,467 shares during the quarter. SummitTX Capital L.P.’s holdings in Pool were worth $407,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors have also modified their holdings of the stock. Wellington Management Group LLP boosted its holdings in shares of Pool by 16.2% in 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 buying an additional 357,643 shares in the last quarter. T. Rowe Price Investment Management Inc. raised its stake in Pool by 3,831.9% during the 4th quarter. T. Rowe Price Investment Management Inc. now owns 2,001,987 shares of the specialty retailer’s stock worth $457,955,000 after acquiring an additional 1,951,070 shares in the last quarter. Morgan Stanley raised its stake in Pool by 1.8% during the 4th quarter. Morgan Stanley now owns 1,371,772 shares of the specialty retailer’s stock worth $313,794,000 after acquiring an additional 23,736 shares in the last quarter. Invesco Ltd. lifted its position in Pool by 21.6% in the fourth quarter. Invesco Ltd. now owns 837,658 shares of the specialty retailer’s stock valued at $191,614,000 after acquiring an additional 148,519 shares during the last quarter. Finally, Norges Bank purchased a new stake in Pool in the fourth quarter valued at $97,612,000. Hedge funds and other institutional investors own 98.99% of the company’s stock.

Pool Stock Performance

Shares of POOL opened at $185.71 on Friday. The stock has a market capitalization of $6.75 billion, a P/E ratio of 17.08, a P/E/G ratio of 2.58 and a beta of 1.05. The company has a debt-to-equity ratio of 1.05, a quick ratio of 0.91 and a current ratio of 2.67. Pool Corporation has a 1 year low of $172.68 and a 1 year high of $336.15. The company’s fifty day moving average is $196.87 and its two-hundred day moving average is $214.43.

Pool (NASDAQ:POOL) last released its earnings results 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 net margin of 7.40% and a return on equity of 32.74%. The company had revenue of $1.82 billion during the quarter, compared to analysts’ expectations of $1.82 billion. During the same quarter last year, the business earned $5.17 EPS. The business’s revenue was up 2.2% on a year-over-year basis. Pool has set its FY 2026 guidance at 10.660-10.960 EPS. On average, sell-side analysts predict that Pool Corporation will post 10.95 earnings per share for the current year.

Pool announced that its board has authorized a share buyback plan on Wednesday, April 29th that allows the company to repurchase $600.00 million in outstanding shares. This repurchase authorization allows the specialty retailer to repurchase up to 7.8% of its stock through open market purchases. Stock repurchase plans are usually an indication that the company’s board of directors believes its shares are undervalued.

Pool Announces Dividend

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

Insider Activity

In other Pool news, Director James D. Hope acquired 464 shares of the stock in a transaction on Thursday, May 7th. The shares were bought at an average price of $194.41 per share, with a total value of $90,206.24. Following the acquisition, the director owned 3,678 shares of the company’s stock, valued at $715,039.98. This trade represents a 14.44% increase in their ownership of the stock. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link. Also, Director De La Mesa Manuel J. Perez bought 10,000 shares of the company’s stock in a transaction on Wednesday, May 13th. The shares were acquired at an average price of $175.95 per share, for a total transaction of $1,759,500.00. Following the transaction, the director directly owned 40,108 shares in the company, valued at $7,057,002.60. This trade represents a 33.21% increase in their position. The disclosure for this purchase is available in the SEC filing. Over the last ninety days, insiders bought 21,989 shares of company stock valued at $4,042,747. Company insiders own 3.00% of the company’s stock.

Analyst Ratings Changes

A number of equities research analysts have recently commented on POOL shares. Deutsche Bank Aktiengesellschaft set a $185.00 target price on shares of Pool in a report on Friday, July 24th. Zacks Research raised Pool from a “strong sell” rating to a “hold” rating in a report on Monday, April 27th. Bank of America dropped 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. Finally, Stifel Nicolaus decreased 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. Five investment analysts have rated the stock with a Buy rating, six have issued a Hold rating and two have assigned a Sell rating to the company. According to MarketBeat, the stock presently has an average rating of “Hold” and a consensus target price of $235.67.

Pool News Roundup

Here are the key news stories impacting Pool this week:

• Positive Sentiment: Pool Corporation declared a quarterly dividend of $1.30 per share. Investors of record on August 13 will receive payment on August 27, implying an annualized dividend of $5.20 and a yield of approximately 2.7%.
• Neutral Sentiment: The dividend announcement reinforces shareholder returns but is unlikely to materially change near-term earnings expectations. Pool’s latest reported quarter showed revenue growth of 2.2% year over year and adjusted earnings slightly above consensus, while full-year 2026 EPS guidance remains $10.66–$10.96.
• Negative Sentiment: No new operational, earnings, or guidance-related negative announcement was identified in the provided articles. The stock’s weakness therefore appears to reflect broader trading factors or ongoing concerns about growth rather than a fresh company-specific development.

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.