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

Systematic Financial Management LP boosted its holdings in shares of Hayward Holdings, Inc. (NYSE:HAYW) by 3.9% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 1,451,878 shares of the company’s stock after buying an additional 54,813 shares during the quarter. Systematic Financial Management LP owned approximately 0.67% of Hayward worth $22,199,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently made changes to their positions in HAYW. Vanguard Group Inc. grew its stake in shares of Hayward by 22.8% in the 4th quarter. Vanguard Group Inc. now owns 19,305,043 shares of the company’s stock valued at $295,174,000 after buying an additional 3,589,352 shares during the period. Michael & Susan Dell Foundation grew its holdings in shares of Hayward by 247.6% during the fourth quarter. Michael & Susan Dell Foundation now owns 8,984,492 shares of the company’s stock valued at $137,373,000 after buying an additional 6,400,000 shares during the last quarter. Kovitz Investment Group Partners LLC boosted its stake in shares of Hayward by 385.5% during the 4th quarter. Kovitz Investment Group Partners LLC now owns 8,433,106 shares of the company’s stock worth $128,942,000 after acquiring an additional 6,696,170 shares during the last quarter. American Century Companies Inc. increased its holdings in Hayward by 31.2% in the 4th quarter. American Century Companies Inc. now owns 6,109,632 shares of the company’s stock valued at $93,416,000 after acquiring an additional 1,453,282 shares during the last quarter. Finally, Dimensional Fund Advisors LP increased its holdings in shares of Hayward by 8.8% in the 4th quarter. Dimensional Fund Advisors LP now owns 4,873,782 shares of the company’s stock worth $74,520,000 after buying an additional 392,695 shares during the last quarter.

Hayward Stock Performance

HAYW opened at $14.52 on Friday. The stock’s 50 day simple moving average is $13.31 and its 200-day simple moving average is $14.60. Hayward Holdings, Inc. has a 1 year low of $11.10 and a 1 year high of $16.87. The stock has a market cap of $3.14 billion, a PE ratio of 34.56, a P/E/G ratio of 1.87 and a beta of 1.15. The company has a current ratio of 2.62, a quick ratio of 1.69 and a debt-to-equity ratio of 0.70.

Hayward (NYSE:HAYW) last posted its quarterly earnings results on Thursday, May 1st. The company reported $0.10 earnings per share for the quarter, topping the consensus estimate of $0.09 by $0.01. The firm had revenue of $228.84 million for the quarter, compared to analyst estimates of $216.37 million. Hayward had a return on equity of 9.93% and a net margin of 9.47%. The business’s quarterly revenue was up 7.7% on a year-over-year basis. During the same quarter in the previous year, the firm earned $0.08 EPS. Sell-side analysts forecast that Hayward Holdings, Inc. will post 0.6 EPS for the current year.

Analysts Set New Price Targets

HAYW has been the topic of a number of recent analyst reports. Robert W. Baird upped their price target on Hayward from $17.00 to $18.00 and gave the stock a “neutral” rating in a research report on Friday, February 28th. Stifel Nicolaus upgraded shares of Hayward from a “hold” rating to a “buy” rating and set a $16.50 price target for the company in a research report on Wednesday, February 5th. Finally, Wolfe Research downgraded shares of Hayward from an “outperform” rating to a “peer perform” rating in a research note on Thursday, April 3rd. Four investment analysts have rated the stock with a hold rating and one has issued a buy rating to the company. According to data from MarketBeat, the stock has a consensus rating of “Hold” and an average price target of $17.13.

Insiders Place Their Bets

In other news, CEO Kevin Holleran sold 50,000 shares of the stock in a transaction 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 transaction, the chief executive officer now directly owns 623,540 shares of the company’s stock, valued at $8,766,972.40. This represents a 7.42% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Company insiders own 5.06% of the company’s stock.

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.