Polar Asset Management Partners Inc. Grows Stock Position in Hayward Holdings, Inc. $HAYW

Polar Asset Management Partners Inc. grew its holdings in Hayward Holdings, Inc. (NYSE:HAYW) by 140.0% in the 1st quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 374,200 shares of the company’s stock after acquiring an additional 218,300 shares during the quarter. Polar Asset Management Partners Inc.’s holdings in Hayward were worth $5,007,000 at the end of the most recent reporting period.

Other large investors have also modified their holdings of the company. Royal Bank of Canada raised its position in shares of Hayward by 36.2% in the 1st quarter. Royal Bank of Canada now owns 126,506 shares of the company’s stock valued at $1,760,000 after purchasing an additional 33,614 shares during the last quarter. Millennium Management LLC grew its position in Hayward by 6.8% during the 1st quarter. Millennium Management LLC now owns 486,132 shares of the company’s stock worth $6,767,000 after purchasing an additional 30,763 shares during the last quarter. Jane Street Group LLC grew its position in Hayward by 8.2% during the 1st quarter. Jane Street Group LLC now owns 38,064 shares of the company’s stock worth $530,000 after purchasing an additional 2,885 shares during the last quarter. Invesco Ltd. increased its stake in Hayward by 5.1% during the 2nd quarter. Invesco Ltd. now owns 3,061,859 shares of the company’s stock valued at $42,254,000 after purchasing an additional 149,155 shares in the last quarter. Finally, EverSource Wealth Advisors LLC increased its stake in Hayward by 149.2% during the 2nd quarter. EverSource Wealth Advisors LLC now owns 4,700 shares of the company’s stock valued at $65,000 after purchasing an additional 2,814 shares in the last quarter.

Hayward Stock Performance

HAYW opened at $14.44 on Monday. The company has a current ratio of 3.26, a quick ratio of 2.47 and a debt-to-equity ratio of 0.58. Hayward Holdings, Inc. has a 12-month low of $12.93 and a 12-month high of $17.73. The firm has a 50 day moving average of $14.92 and a two-hundred day moving average of $15.13. The firm has a market capitalization of $3.13 billion, a PE ratio of 19.77, a P/E/G ratio of 1.52 and a beta of 1.07.

Hayward (NYSE:HAYW) last released its quarterly earnings data on Wednesday, April 29th. The company reported $0.13 EPS for the quarter, beating the consensus estimate of $0.11 by $0.02. The business had revenue of $255.22 million for the quarter, compared to the consensus estimate of $239.13 million. Hayward had a net margin of 13.98% and a return on equity of 11.45%. The business’s revenue for the quarter was up 11.5% on a year-over-year basis. During the same period in the prior year, the firm earned $0.10 EPS. Hayward has set its FY 2026 guidance at 0.840-0.870 EPS. On average, analysts anticipate that Hayward Holdings, Inc. will post 0.85 EPS for the current year.

Wall Street Analyst Weigh In

Several research firms have recently commented on HAYW. Cantor Fitzgerald reiterated a “neutral” rating on shares of Hayward in a research note on Monday, July 6th. Jefferies Financial Group reissued a “hold” rating and issued a $15.00 target price (down from $16.00) on shares of Hayward in a research report on Tuesday, March 31st. Weiss Ratings cut Hayward from a “hold (c+)” rating to a “hold (c)” rating in a research report on Wednesday, July 15th. KeyCorp reiterated a “sector weight” rating on shares of Hayward in a research note on Monday, July 20th. Finally, Bank of America cut their price objective on Hayward from $19.00 to $18.00 and set a “buy” rating on the stock in a report on Monday, April 20th. Two research analysts have rated the stock with a Buy rating and five have issued a Hold rating to the stock. Based on data from MarketBeat, the company has a consensus rating of “Hold” and a consensus target price of $17.50.

Insider Buying and Selling at Hayward

In other Hayward news, CEO Kevin Holleran sold 120,000 shares of the stock in a transaction dated Wednesday, July 1st. The stock was sold at an average price of $17.28, for a total transaction of $2,073,600.00. Following the sale, the chief executive officer directly owned 701,234 shares of the company’s stock, valued at approximately $12,117,323.52. This trade represents a 14.61% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, SVP Susan M. Canning purchased 2,242 shares of the business’s stock in a transaction on Thursday, April 30th. The shares were bought at an average cost of $12.76 per share, for a total transaction of $28,607.92. Following the completion of the transaction, the senior vice president directly owned 103,837 shares in the company, valued at $1,324,960.12. This trade represents a 2.21% increase in their position. The disclosure for this purchase is available in the SEC filing. Over the last ninety days, insiders sold 222,389 shares of company stock worth $3,649,544. 4.73% of the stock is owned by corporate insiders.

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.