Quantbot Technologies LP Takes Position in Hayward Holdings, Inc. $HAYW

Quantbot Technologies LP acquired a new position in Hayward Holdings, Inc. (NYSE:HAYW) during the second quarter, according to the company in its most recent Form 13F filing with the SEC. The fund acquired 54,322 shares of the company’s stock, valued at approximately $940,000.

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

Analysts Set New Price Targets

A number of analysts recently commented on HAYW shares. KeyCorp reiterated a “sector weight” rating on shares of Hayward in a report on Monday, July 20th. The Goldman Sachs Group restated a “neutral” rating on shares of Hayward in a research report on Wednesday, July 29th. Cantor Fitzgerald reiterated a “neutral” rating on shares of Hayward in a research report on Monday, July 6th. Finally, Weiss Ratings raised Hayward from a “hold (c)” rating to a “hold (c+)” rating in a research note on Thursday, July 30th. Two equities research analysts have rated the stock with a Buy rating and six have given a Hold rating to the stock. According to MarketBeat, Hayward presently has a consensus rating of “Hold” and an average target price of $17.50.

Insider Transactions at Hayward

In other news, CEO Kevin Holleran sold 50,000 shares of the stock in a transaction on Monday, August 3rd. The stock was sold at an average price of $15.31, for a total value of $765,500.00. Following the completion of the sale, the chief executive officer owned 701,234 shares in the company, valued at $10,735,892.54. This represents a 6.66% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last 90 days, insiders have sold 272,389 shares of company stock worth $4,415,044. 4.73% of the stock is owned by insiders.

Hayward Price Performance

HAYW stock opened at $14.51 on Thursday. Hayward Holdings, Inc. has a one year low of $12.93 and a one year high of $17.73. The firm has a 50-day moving average of $15.40 and a two-hundred day moving average of $14.94. The firm has a market capitalization of $3.08 billion, a PE ratio of 19.61, a P/E/G ratio of 1.33 and a beta of 1.09. The company has a current ratio of 3.33, a quick ratio of 2.49 and a debt-to-equity ratio of 0.59.

Hayward (NYSE:HAYW) last released its earnings results on Wednesday, July 29th. The company reported $0.26 earnings per share for the quarter, topping the consensus estimate of $0.24 by $0.02. The business had revenue of $318.38 million for the quarter, compared to the consensus estimate of $303.35 million. Hayward had a net margin of 13.83% and a return on equity of 11.61%. The firm’s quarterly revenue was up 6.3% compared to the same quarter last year. During the same period last year, the firm posted $0.24 earnings per share. Hayward has set its FY 2026 guidance at 0.840-0.870 EPS. On average, analysts forecast that Hayward Holdings, Inc. will post 0.87 earnings per share for the current year.

About Hayward

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.