2,503,058 Shares in Hayward Holdings, Inc. $HAYW Acquired by CIBC Bancorp USA Inc.

Key Points

• CIBC Bancorp USA opened a new position of 2,503,058 shares in Hayward, worth about $37.85 million and representing roughly 1.15% of the company at quarter end.
• Analysts have been upgrading HAYW, giving it a consensus Buy rating with a consensus price target of $19.25, following upgrades from Weiss, Zacks, Stifel and Bank of America.
• Hayward beat quarterly expectations with $0.29 EPS (vs. $0.28 est.) and $349.4M revenue (up 6.8% YoY), and issued FY2026 guidance of 0.820–0.860 EPS.

CIBC Bancorp USA Inc. bought a new position in Hayward Holdings, Inc. (NYSE:HAYW - Free Report) during the 3rd quarter, according to its most recent filing with the SEC. The institutional investor bought 2,503,058 shares of the company's stock, valued at approximately $37,846,000. CIBC Bancorp USA Inc. owned approximately 1.15% of Hayward at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also bought and sold shares of the company. Royal Bank of Canada grew its position in shares of Hayward by 36.2% during the 1st quarter. Royal Bank of Canada now owns 126,506 shares of the company's stock valued at $1,760,000 after purchasing an additional 33,614 shares in the last quarter. Millennium Management LLC raised its position in shares of Hayward by 6.8% in the first quarter. Millennium Management LLC now owns 486,132 shares of the company's stock worth $6,767,000 after buying an additional 30,763 shares in the last quarter. Jane Street Group LLC boosted its stake in Hayward by 8.2% during the first quarter. Jane Street Group LLC now owns 38,064 shares of the company's stock valued at $530,000 after buying an additional 2,885 shares during the period. Bank of New York Mellon Corp grew its position in Hayward by 1.2% during the second quarter. Bank of New York Mellon Corp now owns 883,031 shares of the company's stock worth $12,186,000 after buying an additional 10,273 shares in the last quarter. Finally, Geode Capital Management LLC increased its stake in Hayward by 11.1% in the 2nd quarter. Geode Capital Management LLC now owns 2,593,289 shares of the company's stock worth $35,792,000 after acquiring an additional 259,349 shares during the last quarter.

Hayward Trading Up 0.4%

Shares of HAYW stock opened at $14.27 on Wednesday. The business has a 50-day moving average price of $15.98 and a two-hundred day moving average price of $15.81. Hayward Holdings, Inc. has a 12-month low of $11.10 and a 12-month high of $17.73. The company has a quick ratio of 2.29, a current ratio of 2.94 and a debt-to-equity ratio of 0.59. The firm has a market cap of $3.10 billion, a P/E ratio of 20.98, a price-to-earnings-growth ratio of 1.43 and a beta of 1.13.

Hayward (NYSE:HAYW - Get Free Report) last announced its quarterly earnings data on Wednesday, February 25th. The company reported $0.29 EPS for the quarter, beating the consensus estimate of $0.28 by $0.01. The firm had revenue of $349.38 million for the quarter, compared to analyst estimates of $332.84 million. Hayward had a return on equity of 11.27% and a net margin of 13.51%.The company's revenue was up 6.8% on a year-over-year basis. During the same period in the prior year, the company earned $0.27 EPS. Hayward has set its FY 2026 guidance at 0.820-0.860 EPS. Equities analysts anticipate that Hayward Holdings, Inc. will post 0.6 EPS for the current fiscal year.

Analysts Set New Price Targets

Several analysts have weighed in on HAYW shares. Weiss Ratings raised Hayward from a "hold (c)" rating to a "buy (b-)" rating in a report on Thursday, February 26th. Zacks Research upgraded shares of Hayward from a "hold" rating to a "strong-buy" rating in a research report on Thursday, March 5th. Stifel Nicolaus reaffirmed a "buy" rating and issued a $19.50 target price (up from $19.00) on shares of Hayward in a research note on Thursday, February 26th. Finally, Bank of America upgraded shares of Hayward from an "underperform" rating to a "buy" rating and set a $19.00 target price for the company in a research report on Friday, March 6th. One research analyst has rated the stock with a Strong Buy rating, three have assigned a Buy rating and one has issued a Hold rating to the stock. Based on data from MarketBeat, the company has a consensus rating of "Buy" and a consensus price target of $19.25.

Insider Buying and Selling

In other news, CFO Eifion Jones sold 15,000 shares of the business's stock in a transaction that occurred on Monday, March 9th. The shares were sold at an average price of $14.57, for a total value of $218,550.00. Following the completion of the sale, the chief financial officer directly owned 316,100 shares in the company, valued at approximately $4,605,577. The trade was a 4.53% decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, CEO Kevin Holleran sold 52,390 shares of the company's stock in a transaction on Monday, January 5th. The shares were sold at an average price of $15.99, for a total transaction of $837,716.10. Following the completion of the sale, the chief executive officer directly owned 623,540 shares of the company's stock, valued at $9,970,404.60. This trade represents a 7.75% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 172,168 shares of company stock worth $2,721,189 over the last quarter. Company insiders own 5.06% of the company's stock.

Hayward Profile

Hayward Holdings, Inc is a leading manufacturer and marketer of residential and commercial swimming pool equipment and related outdoor living products. The company designs, engineers and produces a comprehensive range of products that address water circulation, filtration, heating, sanitation, automation, lighting and cleaning needs for pools and spas. Hayward's offerings include pumps, filters, heaters, salt and chemical sanitization systems, automation controls, lights, robotic cleaners and various accessories that serve both new pool construction and aftermarket renovation markets.

Hayward's product portfolio is organized into several core categories.

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