Fiduciary Management Inc. WI Raises Stock Position in Hayward Holdings, Inc. $HAYW

Fiduciary Management Inc. WI increased its stake in Hayward Holdings, Inc. (NYSE:HAYW - Free Report) by 13.2% in the 4th quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 9,089,866 shares of the company's stock after acquiring an additional 1,063,380 shares during the quarter. Fiduciary Management Inc. WI owned approximately 4.19% of Hayward worth $140,438,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in HAYW. JPMorgan Chase & Co. increased its holdings in Hayward by 29.0% in the 3rd quarter. JPMorgan Chase & Co. now owns 11,683,580 shares of the company's stock worth $176,656,000 after acquiring an additional 2,627,348 shares in the last quarter. Northwestern Mutual Wealth Management Co. increased its holdings in Hayward by 327,101.9% in the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 2,565,263 shares of the company's stock worth $39,633,000 after acquiring an additional 2,564,479 shares in the last quarter. CIBC Bancorp USA Inc. purchased a new stake in Hayward in the 3rd quarter worth $37,846,000. William Blair Investment Management LLC purchased a new stake in Hayward in the 3rd quarter worth $30,402,000. Finally, Gotham Asset Management LLC increased its holdings in Hayward by 499.7% in the 3rd quarter. Gotham Asset Management LLC now owns 1,947,137 shares of the company's stock worth $29,441,000 after acquiring an additional 1,622,458 shares in the last quarter.

Insider Activity

In other news, SVP Susan M. Canning purchased 2,242 shares of the stock in a transaction dated Thursday, April 30th. The shares were purchased at an average price of $12.76 per share, with a total value of $28,607.92. Following the transaction, the senior vice president owned 103,837 shares in the company, valued at $1,324,960.12. The trade was a 2.21% increase in their position. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, CFO Eifion Jones sold 15,000 shares of the business's stock in a transaction dated Monday, March 9th. The shares were sold at an average price of $14.57, for a total transaction of $218,550.00. Following the transaction, 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 SEC filing for this sale provides additional information. In the last quarter, insiders have sold 119,778 shares of company stock valued at $1,644,055. 4.73% of the stock is currently owned by insiders.

Hayward Trading Down 0.7%

Shares of HAYW stock opened at $14.08 on Friday. The company's 50-day moving average price is $14.25 and its 200-day moving average price is $15.27. The company has a current ratio of 3.26, a quick ratio of 2.47 and a debt-to-equity ratio of 0.58. The stock has a market cap of $3.05 billion, a price-to-earnings ratio of 19.28, a PEG ratio of 1.48 and a beta of 1.12. Hayward Holdings, Inc. has a twelve month low of $12.93 and a twelve month high of $17.73.

Hayward (NYSE:HAYW - Get Free Report) last announced its quarterly earnings results on Wednesday, April 29th. The company reported $0.13 earnings per share for the quarter, beating the consensus estimate of $0.11 by $0.02. The firm had revenue of $255.22 million for the quarter, compared to analysts' expectations of $239.13 million. Hayward had a net margin of 13.98% and a return on equity of 11.45%. The company's revenue was up 11.5% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.10 EPS. Hayward has set its FY 2026 guidance at 0.840-0.870 EPS. As a group, equities analysts predict that Hayward Holdings, Inc. will post 0.86 earnings per share for the current year.

Analyst Upgrades and Downgrades

Several brokerages recently commented on HAYW. Bank of America cut their price target on shares of Hayward from $19.00 to $18.00 and set a "buy" rating for the company in a report on Monday, April 20th. Zacks Research lowered shares of Hayward from a "strong-buy" rating to a "hold" rating in a report on Monday, April 27th. Weiss Ratings lowered shares of Hayward from a "buy (b-)" rating to a "hold (c+)" rating in a report on Wednesday, April 8th. Stifel Nicolaus reaffirmed a "buy" rating and set a $19.50 target price (up from $19.00) on shares of Hayward in a report on Thursday, February 26th. Finally, Jefferies Financial Group reaffirmed a "hold" rating and set a $15.00 target price (down from $16.00) on shares of Hayward in a report on Tuesday, March 31st. Two analysts have rated the stock with a Buy rating and three have issued a Hold rating to the company. Based on data from MarketBeat, the company presently has a consensus rating of "Hold" and an average target price of $17.50.

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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