Waratah Capital Advisors Ltd. Buys 59,070 Shares of Pool Corporation $POOL

Waratah Capital Advisors Ltd. boosted its stake in shares of Pool Corporation (NASDAQ:POOL) by 460.7% in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 71,891 shares of the specialty retailer’s stock after acquiring an additional 59,070 shares during the quarter. Pool accounts for 0.4% of Waratah Capital Advisors Ltd.’s portfolio, making the stock its 29th largest position. Waratah Capital Advisors Ltd. owned about 0.19% of Pool worth $22,291,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors and hedge funds also recently made changes to their positions in the company. Berkshire Hathaway Inc increased its position in shares of Pool by 136.3% during the 2nd quarter. Berkshire Hathaway Inc now owns 3,458,885 shares of the specialty retailer’s stock worth $1,008,196,000 after purchasing an additional 1,994,885 shares in the last quarter. Norges Bank bought a new stake in Pool during the second quarter worth about $113,617,000. Worldquant Millennium Advisors LLC grew its stake in Pool by 1,301.7% during the second quarter. Worldquant Millennium Advisors LLC now owns 194,880 shares of the specialty retailer’s stock worth $56,804,000 after buying an additional 180,977 shares during the last quarter. Massachusetts Financial Services Co. MA increased its holdings in shares of Pool by 35.3% during the second quarter. Massachusetts Financial Services Co. MA now owns 616,041 shares of the specialty retailer’s stock worth $179,564,000 after buying an additional 160,878 shares in the last quarter. Finally, SG Americas Securities LLC raised its stake in shares of Pool by 1,201.2% in the second quarter. SG Americas Securities LLC now owns 90,211 shares of the specialty retailer’s stock valued at $26,295,000 after acquiring an additional 83,278 shares during the last quarter. Institutional investors and hedge funds own 98.99% of the company’s stock.

Analysts Set New Price Targets

Several research analysts have recently commented on the company. Wells Fargo & Company reduced their target price on Pool from $275.00 to $230.00 and set an “equal weight” rating on the stock in a report on Friday, February 20th. Stifel Nicolaus reduced their price objective on Pool from $240.00 to $232.00 and set a “hold” rating on the stock in a research note on Monday. Weiss Ratings restated a “sell (d+)” rating on shares of Pool in a report on Monday, December 29th. Deutsche Bank Aktiengesellschaft set a $246.00 target price on Pool in a research note on Friday. Finally, Cfra raised shares of Pool from a “hold” rating to a “buy” rating and set a $304.00 price objective on the stock in a report on Monday, December 22nd. Five research analysts have rated the stock with a Buy rating, six have given a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat, the stock presently has an average rating of “Hold” and an average target price of $281.50.

Pool Trading Down 0.6%

POOL stock opened at $217.26 on Wednesday. The company has a quick ratio of 0.59, a current ratio of 2.24 and a debt-to-equity ratio of 1.00. Pool Corporation has a twelve month low of $211.56 and a twelve month high of $374.74. The company has a market cap of $8.09 billion, a P/E ratio of 20.04, a PEG ratio of 2.73 and a beta of 1.22. The business has a fifty day moving average of $248.89 and a 200-day moving average of $273.06.

Pool (NASDAQ:POOL) last announced its quarterly earnings data on Thursday, February 19th. The specialty retailer reported $0.84 EPS for the quarter, missing analysts’ consensus estimates of $0.99 by ($0.15). The firm had revenue of $982.21 million during the quarter, compared to analyst estimates of $999.14 million. Pool had a return on equity of 31.49% and a net margin of 7.67%.Pool’s revenue for the quarter was down .5% compared to the same quarter last year. During the same quarter in the previous year, the business earned $0.97 earnings per share. Pool has set its FY 2026 guidance at 10.850-11.150 EPS. As a group, equities research analysts expect that Pool Corporation will post 11.32 EPS for the current year.

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.