Xponance Inc. Purchases 1,325 Shares of Hayward Holdings, Inc. (NYSE:HAYW)

Xponance Inc. lifted its position in shares of Hayward Holdings, Inc. (NYSE:HAYW) by 11.2% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 13,151 shares of the company’s stock after buying an additional 1,325 shares during the quarter. Xponance Inc.’s holdings in Hayward were worth $201,000 at the end of the most recent quarter.

Several other institutional investors have also recently made changes to their positions in the company. Thrivent Financial for Lutherans increased its holdings in Hayward by 6.0% during the third quarter. Thrivent Financial for Lutherans now owns 111,499 shares of the company’s stock valued at $1,710,000 after buying an additional 6,264 shares during the period. Charles Schwab Investment Management Inc. increased its holdings in shares of Hayward by 24.8% in the 3rd quarter. Charles Schwab Investment Management Inc. now owns 1,265,794 shares of the company’s stock valued at $19,417,000 after acquiring an additional 251,788 shares during the period. Cerity Partners LLC bought a new position in shares of Hayward in the 3rd quarter worth $706,000. Dynamic Technology Lab Private Ltd purchased a new stake in shares of Hayward during the 3rd quarter worth $556,000. Finally, Quantbot Technologies LP boosted its position in Hayward by 118.4% during the third quarter. Quantbot Technologies LP now owns 48,550 shares of the company’s stock valued at $745,000 after purchasing an additional 26,324 shares in the last quarter.

Insider Activity at Hayward

In other news, CEO Kevin Holleran sold 50,000 shares of the business’s stock in a transaction that occurred on Monday, February 3rd. The stock was sold at an average price of $14.52, for a total value of $726,000.00. Following the completion of the sale, the chief executive officer now directly owns 522,799 shares in the company, valued at $7,591,041.48. The trade was a 8.73 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. 3.25% of the stock is owned by company insiders.

Analyst Ratings Changes

Several analysts have commented on HAYW shares. Robert W. Baird increased their price target 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. KeyCorp reaffirmed a “sector weight” rating on shares of Hayward in a report on Monday, January 6th. Finally, Stifel Nicolaus upgraded Hayward from a “hold” rating to a “buy” rating and set a $16.50 price objective for the company in a report on Wednesday, February 5th.

Hayward Stock Down 1.9 %

Shares of HAYW opened at $13.74 on Friday. The stock’s 50-day moving average price is $14.49 and its 200-day moving average price is $15.06. The company has a quick ratio of 1.69, a current ratio of 2.62 and a debt-to-equity ratio of 0.70. The company has a market capitalization of $2.97 billion, a price-to-earnings ratio of 32.72, a PEG ratio of 1.87 and a beta of 1.16. Hayward Holdings, Inc. has a 52 week low of $11.96 and a 52 week high of $16.87.

Hayward (NYSE:HAYW) last released its quarterly earnings data on Thursday, February 27th. The company reported $0.27 EPS for the quarter, topping the consensus estimate of $0.24 by $0.03. The business had revenue of $327.08 million for the quarter, compared to analyst estimates of $302.76 million. Hayward had a return on equity of 9.93% and a net margin of 9.47%. On average, sell-side analysts predict that Hayward Holdings, Inc. will post 0.6 EPS for the current year.

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.