Fulton Bank N.A. Acquires 4,295 Shares of Pool Corporation $POOL

Fulton Bank N.A. boosted its holdings in Pool Corporation (NASDAQ:POOL) by 210.2% during the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 6,338 shares of the specialty retailer’s stock after buying an additional 4,295 shares during the period. Fulton Bank N.A.’s holdings in Pool were worth $1,362,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of POOL. CYBER HORNET ETFs LLC bought a new stake in shares of Pool during the 2nd quarter valued at $30,000. MUFG Securities EMEA plc bought a new position in shares of Pool in the 2nd quarter worth $33,000. Clearstead Advisors LLC grew its stake in shares of Pool by 100.0% during the fourth quarter. Clearstead Advisors LLC now owns 122 shares of the specialty retailer’s stock worth $28,000 after purchasing an additional 61 shares during the period. Private Trust Co. NA grew its stake in shares of Pool by 78.6% during the fourth quarter. Private Trust Co. NA now owns 125 shares of the specialty retailer’s stock worth $29,000 after purchasing an additional 55 shares during the period. Finally, Elevation Wealth Partners LLC increased its holdings in Pool by 2,660.0% in the second quarter. Elevation Wealth Partners LLC now owns 138 shares of the specialty retailer’s stock valued at $30,000 after purchasing an additional 133 shares during the last quarter. 98.99% of the stock is owned by institutional investors.

Pool Stock Performance

Shares of Pool stock opened at $201.50 on Wednesday. The stock’s fifty day simple moving average is $199.58 and its 200 day simple moving average is $211.00. The company has a current ratio of 2.67, a quick ratio of 0.91 and a debt-to-equity ratio of 1.05. The company has a market capitalization of $7.32 billion, a PE ratio of 18.54, a PEG ratio of 2.70 and a beta of 1.06. Pool Corporation has a 12 month low of $172.68 and a 12 month high of $336.15.

Pool (NASDAQ:POOL) last posted its earnings results on Thursday, July 23rd. The specialty retailer reported $5.38 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $5.33 by $0.05. Pool had a return on equity of 32.74% and a net margin of 7.40%.The firm had revenue of $1.82 billion during the quarter, compared to analysts’ expectations of $1.82 billion. During the same period in the previous year, the firm earned $5.17 earnings per share. The company’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, research analysts predict that Pool Corporation will post 10.95 EPS for the current year.

Pool Dividend Announcement

The firm 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. This represents a $5.20 annualized dividend and a dividend yield of 2.6%. The ex-dividend date is Thursday, August 13th. Pool’s payout ratio is 47.84%.

Pool announced that its board has initiated a share repurchase program 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 shares through open market purchases. Shares buyback programs are often an indication that the company’s board believes its shares are undervalued.

Analyst Upgrades and Downgrades

Several research firms have weighed in on POOL. Deutsche Bank Aktiengesellschaft set a $185.00 target price on Pool in a research note on Friday, July 24th. Oppenheimer lowered their price target on Pool from $280.00 to $227.00 and set an “outperform” rating for the company in a research note on Friday, July 24th. Wall Street Zen upgraded shares of Pool from a “sell” rating to a “hold” rating in a research report on Monday, April 27th. Stephens reduced their price objective on shares of Pool from $290.00 to $225.00 and set an “overweight” rating on the stock in a research note on Friday, July 24th. Finally, Weiss Ratings lowered shares of Pool from a “hold (c-)” rating to a “sell (d+)” rating in a research note on Thursday, May 14th. Five analysts have rated the stock with a Buy rating, six have issued a Hold rating and two have given a Sell rating to the company’s stock. According to MarketBeat.com, the company has a consensus rating of “Hold” and a consensus target price of $235.67.

Key Pool News

Here are the key news stories impacting Pool this week:

• Neutral Sentiment: Reported short interest was listed at zero shares as of August 11, unchanged from the prior reporting period. Because the data show no borrowable short position, the report does not provide a meaningful signal about potential short-covering or bearish sentiment.
• Neutral Sentiment: Several other entries mention unrelated companies, bitcoin mining pools, swimming-pool products or the Lincoln Memorial reflecting pool. They do not concern Pool Corporation and are unlikely to affect POOL shares.
• Negative Sentiment: Pool Corporation shares declined 3.1% in the August 10 session, highlighting continued volatility and investor caution. A recent valuation review assigned the company a GF Score of 66, suggesting a mixed outlook rather than a clearly compelling investment case. Pool Corp Shares Fall 3.1% — What GF Score of 66 Tells Investors

About Pool

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.