Hayward Holdings, Inc. (NYSE:HAYW) Shares Bought by GAMMA Investing LLC

GAMMA Investing LLC increased its holdings in shares of Hayward Holdings, Inc. (NYSE:HAYW - Free Report) by 1,060.9% during the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 21,047 shares of the company's stock after buying an additional 19,234 shares during the quarter. GAMMA Investing LLC's holdings in Hayward were worth $2,930,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors have also recently added to or reduced their stakes in the company. Deutsche Bank AG lifted its position in Hayward by 767.8% during the fourth quarter. Deutsche Bank AG now owns 89,346 shares of the company's stock worth $1,366,000 after buying an additional 79,050 shares during the period. Jane Street Group LLC acquired a new position in shares of Hayward in the 4th quarter valued at about $538,000. Oppenheimer Asset Management Inc. lifted its stake in shares of Hayward by 53.4% in the 4th quarter. Oppenheimer Asset Management Inc. now owns 57,401 shares of the company's stock valued at $878,000 after purchasing an additional 19,983 shares in the last quarter. MSD Partners L.P. lifted its stake in shares of Hayward by 3.1% in the 4th quarter. MSD Partners L.P. now owns 1,346,472 shares of the company's stock valued at $20,588,000 after purchasing an additional 41,078 shares in the last quarter. Finally, D. E. Shaw & Co. Inc. lifted its stake in shares of Hayward by 494.2% in the 4th quarter. D. E. Shaw & Co. Inc. now owns 168,201 shares of the company's stock valued at $2,572,000 after purchasing an additional 139,896 shares in the last quarter.

Hayward Stock Down 2.1%

Shares of NYSE:HAYW traded down $0.29 during mid-day trading on Friday, hitting $13.64. 1,708,980 shares of the company traded hands, compared to its average volume of 1,816,477. The firm has a market cap of $2.95 billion, a P/E ratio of 32.48, a PEG ratio of 1.87 and a beta of 1.14. The company has a debt-to-equity ratio of 0.70, a quick ratio of 1.69 and a current ratio of 2.62. Hayward Holdings, Inc. has a 52-week low of $11.10 and a 52-week high of $16.87. The firm's 50 day simple moving average is $13.45 and its 200 day simple moving average is $14.30.

Hayward (NYSE:HAYW - Get Free Report) last posted its quarterly earnings data on Thursday, May 1st. The company reported $0.10 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.09 by $0.01. Hayward had a return on equity of 9.93% and a net margin of 9.47%. The company had revenue of $228.84 million for the quarter, compared to the consensus estimate of $216.37 million. During the same period in the previous year, the business earned $0.08 EPS. Hayward's revenue for the quarter was up 7.7% compared to the same quarter last year. On average, equities analysts anticipate that Hayward Holdings, Inc. will post 0.6 EPS for the current year.

Insiders Place Their Bets

In other Hayward news, CEO Kevin Holleran sold 50,000 shares of Hayward stock in a transaction that occurred on Monday, May 5th. The stock was sold at an average price of $14.06, for a total transaction of $703,000.00. Following the sale, the chief executive officer now directly owns 623,540 shares in the company, valued at $8,766,972.40. The trade was a 7.42% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. 5.06% of the stock is owned by company insiders.

Wall Street Analysts Forecast Growth

Several equities analysts have recently weighed in on HAYW shares. Robert W. Baird lifted their price objective on Hayward from $17.00 to $18.00 and gave the company a "neutral" rating in a research note on Friday, February 28th. Wolfe Research downgraded Hayward from an "outperform" rating to a "peer perform" rating in a report on Thursday, April 3rd. Four analysts have rated the stock with a hold rating and one has issued a buy rating to the company's stock. Based on data from MarketBeat, the stock has an average rating of "Hold" and a consensus target price of $17.13.

Hayward Company Profile

Hayward Holdings, Inc designs, manufactures, and markets a portfolio of pool equipment and associated automation systems in North America, Europe, and internationally. The company offers pool equipment, including pumps, filters, robotics, suction and pressure cleaners, gas heaters and heat pumps, water features and landscape lighting, water sanitizers, salt chlorine generators, safety equipment, and in-floor automated cleaning systems, as well as LED illumination solutions.