Birch Hill Investment Advisors LLC Has $5.26 Million Stake in Hayward Holdings, Inc. (NYSE:HAYW)

Birch Hill Investment Advisors LLC lifted its holdings in shares of Hayward Holdings, Inc. (NYSE:HAYW - Free Report) by 784.6% in the fourth quarter, according to its most recent filing with the SEC. The firm owned 343,918 shares of the company's stock after acquiring an additional 305,038 shares during the period. Birch Hill Investment Advisors LLC owned approximately 0.16% of Hayward worth $5,259,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors also recently made changes to their positions in HAYW. CWM LLC lifted its holdings in shares of Hayward by 8,877.3% during the 3rd quarter. CWM LLC now owns 32,049 shares of the company's stock worth $492,000 after acquiring an additional 31,692 shares during the period. Blue Trust Inc. lifted its holdings in shares of Hayward by 2,710.1% during the 3rd quarter. Blue Trust Inc. now owns 2,220 shares of the company's stock worth $34,000 after acquiring an additional 2,141 shares during the period. Jade Capital Advisors LLC bought a new position in shares of Hayward during the 3rd quarter worth about $2,301,000. Louisiana State Employees Retirement System lifted its holdings in Hayward by 7.5% during the 3rd quarter. Louisiana State Employees Retirement System now owns 68,600 shares of the company's stock valued at $1,052,000 after purchasing an additional 4,800 shares during the last quarter. Finally, Wealth Enhancement Advisory Services LLC bought a new position in Hayward during the 3rd quarter valued at about $426,000.

Hayward Price Performance

HAYW traded down $0.25 during midday trading on Wednesday, hitting $14.10. The company had a trading volume of 1,753,941 shares, compared to its average volume of 1,508,259. The company has a debt-to-equity ratio of 0.70, a quick ratio of 1.69 and a current ratio of 2.62. The company has a market capitalization of $3.04 billion, a PE ratio of 33.57, a P/E/G ratio of 1.90 and a beta of 1.16. Hayward Holdings, Inc. has a twelve month low of $11.96 and a twelve month high of $16.87. The firm's 50-day simple moving average is $15.19 and its 200-day simple moving average is $15.06.

Analyst Ratings Changes

Several brokerages recently issued reports on HAYW. The Goldman Sachs Group lifted their price target on shares of Hayward from $14.00 to $16.00 and gave the company a "neutral" rating in a report on Wednesday, October 30th. Stifel Nicolaus raised shares of Hayward from a "hold" rating to a "buy" rating and set a $16.50 price target for the company in a report on Wednesday, February 5th. KeyCorp reissued a "sector weight" rating on shares of Hayward in a report on Monday, January 6th. Finally, Robert W. Baird lifted their price target on shares of Hayward from $19.00 to $20.00 and gave the company a "neutral" rating in a report on Wednesday, October 30th.

Insider Buying and Selling at Hayward

In other Hayward news, CEO Kevin Holleran sold 50,000 shares of the firm's stock in a transaction dated Monday, February 3rd. The shares were 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 owns 522,799 shares in the company, valued at approximately $7,591,041.48. This trade represents a 8.73 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Corporate insiders own 3.25% 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.