Systematic Financial Management LP Has $22.20 Million Position in Hayward Holdings, Inc. (NYSE:HAYW)

Systematic Financial Management LP grew its position in Hayward Holdings, Inc. (NYSE:HAYW - Free Report) by 3.9% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 1,451,878 shares of the company's stock after purchasing an additional 54,813 shares during the period. Systematic Financial Management LP owned approximately 0.67% of Hayward worth $22,199,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently modified their holdings of the company. Principal Financial Group Inc. increased its stake in Hayward by 7.2% in the 3rd quarter. Principal Financial Group Inc. now owns 668,396 shares of the company's stock valued at $10,253,000 after buying an additional 44,978 shares during the last quarter. Oak Thistle LLC bought a new position in shares of Hayward in the 4th quarter valued at about $162,000. Merit Financial Group LLC acquired a new stake in shares of Hayward in the fourth quarter valued at about $287,000. Harbor Investment Advisory LLC raised its holdings in Hayward by 98.0% during the fourth quarter. Harbor Investment Advisory LLC now owns 5,099 shares of the company's stock worth $78,000 after acquiring an additional 2,524 shares in the last quarter. Finally, SG Americas Securities LLC raised its holdings in Hayward by 151.9% during the fourth quarter. SG Americas Securities LLC now owns 69,965 shares of the company's stock worth $1,070,000 after acquiring an additional 42,195 shares in the last quarter.

Analyst Ratings Changes

A number of research analysts have weighed in on HAYW shares. Robert W. Baird raised their price target 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 cut shares of Hayward from an "outperform" rating to a "peer perform" rating in a research note on Thursday, April 3rd. Finally, Stifel Nicolaus upgraded shares of Hayward from a "hold" rating to a "buy" rating and set a $16.50 target price on the stock in a report on Wednesday, February 5th. Four investment analysts have rated the stock with a hold rating and one has issued a buy rating to the stock. Based on data from MarketBeat.com, the company currently has an average rating of "Hold" and an average price target of $17.13.

Hayward Price Performance

NYSE:HAYW traded down $0.11 during trading hours on Tuesday, hitting $14.32. The company's stock had a trading volume of 807,721 shares, compared to its average volume of 1,773,823. The company has a debt-to-equity ratio of 0.70, a current ratio of 2.62 and a quick ratio of 1.69. The company has a market capitalization of $3.10 billion, a P/E ratio of 34.10, a PEG ratio of 1.87 and a beta of 1.15. Hayward Holdings, Inc. has a twelve month low of $11.10 and a twelve month high of $16.87. The stock has a fifty day simple moving average of $13.32 and a 200-day simple moving average of $14.56.

Hayward (NYSE:HAYW - Get Free Report) last issued its quarterly earnings data on Thursday, May 1st. The company reported $0.10 earnings per share 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 business had revenue of $228.84 million for the quarter, compared to analyst estimates of $216.37 million. During the same quarter in the previous year, the company posted $0.08 EPS. Hayward's quarterly revenue was up 7.7% compared to the same quarter last year. On average, analysts anticipate that Hayward Holdings, Inc. will post 0.6 EPS for the current fiscal year.

Insider Transactions at Hayward

In other Hayward news, CEO Kevin Holleran sold 50,000 shares of Hayward stock in a transaction that occurred on Thursday, April 3rd. The stock was sold at an average price of $12.52, for a total value of $626,000.00. Following the completion of the sale, the chief executive officer now directly owns 623,540 shares in the company, valued at approximately $7,806,720.80. The trade was a 7.42% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Corporate insiders own 5.06% of the company's stock.

Hayward 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.