Hudson Bay Capital Management LP Sells 226,631 Shares of Hayward Holdings, Inc. $HAYW

Hudson Bay Capital Management LP lessened its stake in Hayward Holdings, Inc. (NYSE:HAYW) by 25.9% in the third quarter, HoldingsChannel reports. The fund owned 649,715 shares of the company’s stock after selling 226,631 shares during the period. Hudson Bay Capital Management LP’s holdings in Hayward were worth $9,824,000 at the end of the most recent quarter.

Several other institutional investors also recently bought and sold shares of HAYW. Vanguard Group Inc. increased its stake in Hayward by 5.4% in the 3rd quarter. Vanguard Group Inc. now owns 20,827,605 shares of the company’s stock worth $314,913,000 after purchasing an additional 1,074,072 shares during the period. JPMorgan Chase & Co. boosted its stake in shares of Hayward by 29.0% during the third quarter. JPMorgan Chase & Co. now owns 11,683,580 shares of the company’s stock valued at $176,656,000 after purchasing an additional 2,627,348 shares during the period. Wellington Management Group LLP boosted its stake in shares of Hayward by 9.1% during the third quarter. Wellington Management Group LLP now owns 7,546,816 shares of the company’s stock valued at $114,108,000 after purchasing an additional 627,866 shares during the period. Victory Capital Management Inc. grew its holdings in shares of Hayward by 4.1% in the third quarter. Victory Capital Management Inc. now owns 6,830,474 shares of the company’s stock worth $103,277,000 after purchasing an additional 271,402 shares during the last quarter. Finally, American Century Companies Inc. increased its stake in shares of Hayward by 3.3% in the third quarter. American Century Companies Inc. now owns 6,650,091 shares of the company’s stock worth $100,549,000 after buying an additional 211,075 shares during the period.

Insider Transactions at Hayward

In related news, CFO Eifion Jones sold 15,000 shares of the business’s stock in a transaction dated Monday, March 9th. The shares were sold at an average price of $14.57, for a total transaction of $218,550.00. Following the sale, the chief financial officer owned 316,100 shares of the company’s stock, valued at $4,605,577. The trade was a 4.53% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this link. Also, CEO Kevin Holleran sold 52,389 shares of the firm’s stock in a transaction that occurred on Monday, March 2nd. The shares were sold at an average price of $15.73, for a total transaction of $824,078.97. Following the transaction, the chief executive officer directly owned 748,540 shares of the company’s stock, valued at $11,774,534.20. This represents a 6.54% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 172,168 shares of company stock worth $2,721,189 over the last ninety days. Insiders own 5.06% of the company’s stock.

Hayward Stock Down 0.4%

HAYW stock opened at $13.79 on Friday. Hayward Holdings, Inc. has a fifty-two week low of $11.10 and a fifty-two week high of $17.73. The company has a market capitalization of $3.00 billion, a price-to-earnings ratio of 20.28, a price-to-earnings-growth ratio of 1.39 and a beta of 1.13. The business’s 50 day moving average price is $15.90 and its two-hundred day moving average price is $15.79. The company has a debt-to-equity ratio of 0.59, a quick ratio of 2.29 and a current ratio of 2.94.

Hayward (NYSE:HAYW) last released its quarterly earnings results on Wednesday, February 25th. The company reported $0.29 earnings per share for the quarter, beating the consensus estimate of $0.28 by $0.01. The company had revenue of $349.38 million for the quarter, compared to analyst estimates of $332.84 million. Hayward had a return on equity of 11.27% and a net margin of 13.51%.The firm’s revenue was up 6.8% on a year-over-year basis. During the same period in the previous year, the company posted $0.27 earnings per share. Hayward has set its FY 2026 guidance at 0.820-0.860 EPS. As a group, analysts forecast that Hayward Holdings, Inc. will post 0.6 earnings per share for the current fiscal year.

Analysts Set New Price Targets

A number of research firms recently commented on HAYW. Bank of America upgraded shares of Hayward from an “underperform” rating to a “buy” rating and set a $19.00 price target for the company in a report on Friday, March 6th. Zacks Research upgraded shares of Hayward from a “hold” rating to a “strong-buy” rating in a research report on Thursday, March 5th. Stifel Nicolaus reaffirmed a “buy” rating and set a $19.50 price objective (up from $19.00) on shares of Hayward in a research note on Thursday, February 26th. Finally, Weiss Ratings upgraded shares of Hayward from a “hold (c)” rating to a “buy (b-)” rating in a report on Thursday, February 26th. One analyst has rated the stock with a Strong Buy rating, three have issued a Buy rating and one has given a Hold rating to the stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Buy” and a consensus target price of $19.25.

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.