Pool Co. (NASDAQ:POOL) Shares Sold by Hsbc Holdings PLC

26 Apr 2025, 09:50 by Doug Wharley · The Cerbat Gem

Hsbc Holdings PLC trimmed its holdings in shares of Pool Co. (NASDAQ:POOL – Free Report) by 1.7% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 82,239 shares of the specialty retailer’s stock after selling 1,397 shares during the period. Hsbc Holdings PLC’s holdings in Pool were worth $28,048,000 at the end of the most recent reporting period.

Several other institutional investors also recently bought and sold shares of the business. Tower Research Capital LLC TRC boosted its position in Pool by 198.2% during the 4th quarter. Tower Research Capital LLC TRC now owns 3,614 shares of the specialty retailer’s stock worth $1,232,000 after purchasing an additional 2,402 shares during the period. Trajan Wealth LLC lifted its stake in shares of Pool by 5,106.2% during the fourth quarter. Trajan Wealth LLC now owns 28,374 shares of the specialty retailer’s stock worth $9,674,000 after purchasing an additional 27,829 shares in the last quarter. MML Investors Services LLC boosted its position in shares of Pool by 2.3% in the fourth quarter. MML Investors Services LLC now owns 6,488 shares of the specialty retailer’s stock worth $2,212,000 after buying an additional 146 shares during the period. MetLife Investment Management LLC grew its stake in shares of Pool by 0.6% in the fourth quarter. MetLife Investment Management LLC now owns 11,703 shares of the specialty retailer’s stock valued at $3,990,000 after buying an additional 75 shares in the last quarter. Finally, Natixis raised its holdings in shares of Pool by 4,454.9% during the 4th quarter. Natixis now owns 3,234 shares of the specialty retailer’s stock valued at $1,103,000 after buying an additional 3,163 shares during the period. 98.99% of the stock is currently owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

A number of equities analysts have weighed in on the company. Deutsche Bank Aktiengesellschaft started coverage on Pool in a report on Tuesday, April 1st. They issued a “hold” rating and a $344.00 price target for the company. Robert W. Baird decreased their target price on shares of Pool from $325.00 to $310.00 and set a “neutral” rating for the company in a research note on Friday. Stifel Nicolaus dropped their price target on shares of Pool from $340.00 to $330.00 and set a “hold” rating on the stock in a research note on Wednesday. Wells Fargo & Company decreased their price objective on shares of Pool from $360.00 to $315.00 and set an “equal weight” rating for the company in a research report on Monday, April 14th. Finally, StockNews.com downgraded Pool from a “hold” rating to a “sell” rating in a research note on Friday, February 28th. Two equities research analysts have rated the stock with a sell rating, five have given a hold rating and three have assigned a buy rating to the company. Based on data from MarketBeat.com, the stock presently has an average rating of “Hold” and a consensus target price of $348.33.

View Our Latest Research Report on POOL

Insider Buying and Selling at Pool

In related news, Director De La Mesa Manuel J. Perez sold 10,000 shares of the stock in a transaction dated Monday, February 24th. The shares were sold at an average price of $346.00, for a total transaction of $3,460,000.00. Following the sale, the director now owns 62,577 shares in the company, valued at $21,651,642. This represents a 13.78 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, SVP Jennifer M. Neil sold 1,223 shares of Pool stock in a transaction that occurred on Monday, March 31st. The shares were sold at an average price of $315.00, for a total value of $385,245.00. Following the completion of the transaction, the senior vice president now owns 9,667 shares of the company’s stock, valued at approximately $3,045,105. The trade was a 11.23 % decrease in their ownership of the stock. The disclosure for this sale can be found here. 3.00% of the stock is owned by insiders.

Pool Price Performance

POOL opened at $291.59 on Friday. The company has a debt-to-equity ratio of 0.71, a quick ratio of 0.77 and a current ratio of 2.05. Pool Co. has a 1-year low of $284.28 and a 1-year high of $395.60. The company has a 50-day moving average of $323.54 and a 200-day moving average of $344.69. The company has a market capitalization of $11.00 billion, a P/E ratio of 25.85, a PEG ratio of 2.03 and a beta of 1.13.

Pool (NASDAQ:POOL – Get Free Report) last announced its quarterly earnings data on Thursday, April 24th. The specialty retailer reported $1.32 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.42 by ($0.10). Pool had a net margin of 8.18% and a return on equity of 31.11%. The firm had revenue of $1.07 billion for the quarter, compared to analyst estimates of $1.10 billion. Equities analysts expect that Pool Co. will post 11.32 EPS for the current fiscal year.

Pool Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, March 26th. Shareholders of record on Wednesday, March 12th were issued a $1.20 dividend. This represents a $4.80 dividend on an annualized basis and a yield of 1.65%. The ex-dividend date was Wednesday, March 12th. Pool’s dividend payout ratio is presently 42.55%.

Pool Profile

(Free Report)

Pool Corporation distributes swimming pool supplies, equipment, and related leisure products in the United States and internationally. The company offers maintenance products, including chemicals, supplies, and pool accessories; repair and replacement parts for pool equipment, such as cleaners, filters, heaters, pumps, and lights; and building materials, such as concrete, plumbing and electrical components, functional and decorative pool surfaces, decking materials, tiles, hardscapes, and natural stones for pool installations and remodeling.