Polar Asset Management Partners Inc. Has $8.82 Million Stock Holdings in Hayward Holdings, Inc. (NYSE:HAYW)

Polar Asset Management Partners Inc. raised its stake in Hayward Holdings, Inc. (NYSE:HAYW - Free Report) by 81.4% in the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 576,500 shares of the company's stock after buying an additional 258,700 shares during the quarter. Polar Asset Management Partners Inc. owned approximately 0.27% of Hayward worth $8,815,000 at the end of the most recent quarter.

Several other hedge funds have also made changes to their positions in HAYW. Blue Trust Inc. increased its position in shares of Hayward by 30.2% during the fourth quarter. Blue Trust Inc. now owns 2,891 shares of the company's stock worth $44,000 after acquiring an additional 671 shares during the period. KBC Group NV lifted its holdings in shares of Hayward by 56.2% during the fourth quarter. KBC Group NV now owns 6,343 shares of the company's stock worth $97,000 after purchasing an additional 2,283 shares during the period. Sterling Capital Management LLC boosted its holdings in Hayward by 61.9% in the 4th quarter. Sterling Capital Management LLC now owns 8,546 shares of the company's stock valued at $131,000 after purchasing an additional 3,268 shares in the last quarter. Pacer Advisors Inc. boosted its position in shares of Hayward by 25.4% during the 4th quarter. Pacer Advisors Inc. now owns 10,196 shares of the company's stock worth $156,000 after purchasing an additional 2,062 shares in the last quarter. Finally, iSAM Funds UK Ltd acquired a new stake in shares of Hayward in the 4th quarter worth approximately $165,000.

Insider Buying and Selling at Hayward

In other news, CEO Kevin Holleran sold 50,000 shares of the company's stock in a transaction dated Monday, May 5th. The stock was sold at an average price of $14.06, for a total transaction of $703,000.00. Following the completion of the sale, the chief executive officer now owns 623,540 shares in the company, valued at approximately $8,766,972.40. This represents a 7.42% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Company insiders own 5.06% of the company's stock.

Hayward Price Performance

Shares of Hayward stock traded down $0.11 on Friday, hitting $13.96. The company had a trading volume of 1,880,748 shares, compared to its average volume of 1,791,607. Hayward Holdings, Inc. has a 52 week low of $11.10 and a 52 week high of $16.87. The company has a market cap of $3.02 billion, a PE ratio of 33.24, a PEG ratio of 1.87 and a beta of 1.15. The business has a 50-day simple moving average of $13.27 and a 200-day simple moving average of $14.44. The company has a debt-to-equity ratio of 0.70, a current ratio of 2.62 and a quick ratio of 1.69.

Hayward (NYSE:HAYW - Get Free Report) last announced its earnings results on Thursday, May 1st. The company reported $0.10 earnings per share (EPS) for the quarter, topping analysts' consensus estimates 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 analyst estimates of $216.37 million. During the same period in the previous year, the firm earned $0.08 earnings per share. Hayward's revenue for the quarter was up 7.7% compared to the same quarter last year. Research analysts expect that Hayward Holdings, Inc. will post 0.6 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

A number of equities analysts have recently weighed in on HAYW shares. Wolfe Research lowered shares of Hayward from an "outperform" rating to a "peer perform" rating in a research report on Thursday, April 3rd. Stifel Nicolaus upgraded shares of Hayward from a "hold" rating to a "buy" rating and set a $16.50 price objective on the stock in a research note on Wednesday, February 5th. Finally, Robert W. Baird boosted their price objective on shares of Hayward from $17.00 to $18.00 and gave the company a "neutral" rating in a research report on Friday, February 28th. Four equities research analysts have rated the stock with a hold rating and one has given a buy rating to the company. According to MarketBeat.com, the company presently 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.