PEAK6 LLC Purchases Shares of 49,481 Hayward Holdings, Inc. $HAYW

Key Points

• PEAK6 LLC has acquired a new stake in Hayward Holdings, Inc. worth approximately $689,000 by purchasing 49,481 shares during the first quarter.
• In recent insider activity, CFO Eifion Jones and CEO Kevin Holleran have sold 20,000 and 60,571 shares, respectively, resulting in a significant decrease in their ownership stakes.
• Hayward has reported $0.24 EPS for the last quarter, exceeding analysts' expectations, and has set its FY 2025 guidance, with a projected 0.6 EPS for the current fiscal year.

PEAK6 LLC bought a new stake in Hayward Holdings, Inc. (NYSE:HAYW - Free Report) in the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor bought 49,481 shares of the company's stock, valued at approximately $689,000.

A number of other hedge funds also recently modified their holdings of HAYW. KBC Group NV lifted its position in shares of Hayward by 51.1% in the first quarter. KBC Group NV now owns 9,584 shares of the company's stock worth $133,000 after purchasing an additional 3,241 shares in the last quarter. Wedmont Private Capital purchased a new stake in shares of Hayward in the first quarter worth approximately $142,000. EntryPoint Capital LLC purchased a new stake in shares of Hayward in the first quarter worth approximately $153,000. Pacer Advisors Inc. raised its holdings in shares of Hayward by 9.5% during the first quarter. Pacer Advisors Inc. now owns 11,165 shares of the company's stock worth $155,000 after acquiring an additional 969 shares in the last quarter. Finally, iSAM Funds UK Ltd purchased a new stake in shares of Hayward during the fourth quarter worth $165,000.

Insider Transactions at Hayward

In related news, CEO Kevin Holleran sold 60,571 shares of the business's stock in a transaction on Monday, August 4th. The shares were sold at an average price of $15.27, for a total transaction of $924,919.17. Following the transaction, the chief executive officer owned 623,540 shares of the company's stock, valued at approximately $9,521,455.80. The trade was a 8.85% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, CFO Eifion Jones sold 20,000 shares of the business's stock in a transaction dated Wednesday, August 13th. The shares were sold at an average price of $16.50, for a total value of $330,000.00. Following the transaction, the chief financial officer owned 287,231 shares in the company, valued at $4,739,311.50. This represents a 6.51% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 156,142 shares of company stock worth $2,347,527 over the last quarter. 5.06% of the stock is currently owned by corporate insiders.

Hayward Stock Up 2.3%

Shares of NYSE:HAYW traded up $0.35 during midday trading on Thursday, hitting $15.91. 801,605 shares of the stock were exchanged, compared to its average volume of 1,958,149. The company has a debt-to-equity ratio of 0.63, a quick ratio of 2.06 and a current ratio of 2.84. Hayward Holdings, Inc. has a 52-week low of $11.10 and a 52-week high of $16.87. The business's fifty day simple moving average is $15.21 and its two-hundred day simple moving average is $14.22. The company has a market capitalization of $3.45 billion, a PE ratio of 27.42, a P/E/G ratio of 2.41 and a beta of 1.13.

Hayward (NYSE:HAYW - Get Free Report) last posted its earnings results on Wednesday, July 30th. The company reported $0.24 earnings per share for the quarter, beating the consensus estimate of $0.22 by $0.02. Hayward had a return on equity of 11.07% and a net margin of 12.04%.The company had revenue of $299.60 million for the quarter, compared to analyst estimates of $291.17 million. During the same period last year, the company earned $0.21 earnings per share. The business's revenue was up 5.3% compared to the same quarter last year. Hayward has set its FY 2025 guidance at EPS. As a group, research analysts predict that Hayward Holdings, Inc. will post 0.6 earnings per share for the current fiscal year.

About Hayward

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.