Amundi Has $1.57 Million Stock Position in Hayward Holdings, Inc. (NYSE:HAYW)

Amundi raised its position in shares of Hayward Holdings, Inc. (NYSE:HAYW - Free Report) by 333.4% in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 108,336 shares of the company's stock after buying an additional 83,340 shares during the quarter. Amundi owned 0.05% of Hayward worth $1,571,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently made changes to their positions in the company. Blue Trust Inc. boosted its stake in Hayward by 30.2% in the 4th quarter. Blue Trust Inc. now owns 2,891 shares of the company's stock worth $44,000 after purchasing an additional 671 shares during the period. CIBC Asset Management Inc boosted its position in shares of Hayward by 5.4% in the third quarter. CIBC Asset Management Inc now owns 15,412 shares of the company's stock worth $236,000 after buying an additional 784 shares during the period. Choreo LLC grew its holdings in shares of Hayward by 3.9% during the fourth quarter. Choreo LLC now owns 29,741 shares of the company's stock valued at $454,000 after buying an additional 1,107 shares in the last quarter. Keybank National Association OH raised its position in Hayward by 4.0% during the fourth quarter. Keybank National Association OH now owns 51,754 shares of the company's stock valued at $791,000 after buying an additional 2,006 shares during the period. Finally, Pacer Advisors Inc. lifted its stake in Hayward by 25.4% in the 4th quarter. Pacer Advisors Inc. now owns 10,196 shares of the company's stock worth $156,000 after acquiring an additional 2,062 shares in the last quarter.

Insider Buying and Selling at Hayward

In related news, CEO Kevin Holleran sold 50,000 shares of the business's stock in a transaction on Monday, February 3rd. The shares were sold at an average price of $14.52, for a total transaction of $726,000.00. Following the transaction, the chief executive officer now owns 522,799 shares of the company's stock, valued at approximately $7,591,041.48. The trade was a 8.73 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available through this hyperlink. Corporate insiders own 3.25% of the company's stock.

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Hayward Stock Down 1.9 %

Shares of NYSE HAYW traded down $0.28 during trading hours on Friday, hitting $13.96. The stock had a trading volume of 1,742,412 shares, compared to its average volume of 1,599,706. The firm's 50-day moving average price is $14.56 and its two-hundred day moving average price is $15.06. Hayward Holdings, Inc. has a 52 week low of $11.96 and a 52 week high of $16.87. The company has a market capitalization of $3.01 billion, a P/E ratio of 33.23, a P/E/G ratio of 1.87 and a beta of 1.16. The company has a debt-to-equity ratio of 0.70, a quick ratio of 1.69 and a current ratio of 2.62.

Hayward (NYSE:HAYW - Get Free Report) last posted its earnings results on Thursday, February 27th. The company reported $0.27 EPS for the quarter, topping the consensus estimate of $0.24 by $0.03. The company had revenue of $327.08 million during the quarter, compared to the consensus estimate of $302.76 million. Hayward had a net margin of 9.47% and a return on equity of 9.93%. Analysts anticipate that Hayward Holdings, Inc. will post 0.6 EPS for the current fiscal year.

Wall Street Analyst Weigh In

A number of brokerages have recently weighed in on HAYW. Stifel Nicolaus upgraded Hayward from a "hold" rating to a "buy" rating and set a $16.50 target price on the stock in a report on Wednesday, February 5th. Robert W. Baird upped their price objective on shares of Hayward from $17.00 to $18.00 and gave the company a "neutral" rating in a research note on Friday, February 28th. Finally, KeyCorp restated a "sector weight" rating on shares of Hayward in a report on Monday, January 6th.

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.