Hayward Holdings, Inc. (NYSE:HAYW) Position Increased by Cerity Partners LLC

Cerity Partners LLC lifted its holdings in shares of Hayward Holdings, Inc. (NYSE:HAYW - Free Report) by 113.8% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 98,326 shares of the company's stock after buying an additional 52,332 shares during the period. Cerity Partners LLC's holdings in Hayward were worth $1,504,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also added to or reduced their stakes in HAYW. Blue Trust Inc. lifted its stake in shares of 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 acquiring an additional 671 shares during the period. Harbor Investment Advisory LLC lifted its position in Hayward by 98.0% in the fourth quarter. Harbor Investment Advisory LLC now owns 5,099 shares of the company's stock worth $78,000 after purchasing an additional 2,524 shares during the period. KBC Group NV boosted its stake in Hayward by 56.2% during the 4th quarter. KBC Group NV now owns 6,343 shares of the company's stock valued at $97,000 after purchasing an additional 2,283 shares in the last quarter. Pacer Advisors Inc. increased its position in shares of Hayward by 25.4% during the 4th quarter. Pacer Advisors Inc. now owns 10,196 shares of the company's stock valued at $156,000 after purchasing an additional 2,062 shares during the period. Finally, Oak Thistle LLC bought a new stake in shares of Hayward in the 4th quarter worth $162,000.

Analyst Upgrades and Downgrades

A number of research firms recently issued reports on HAYW. Wolfe Research lowered Hayward from an "outperform" rating to a "peer perform" rating in a report on Thursday, April 3rd. KeyCorp reaffirmed a "sector weight" rating on shares of Hayward in a research note on Monday, January 6th. Robert W. Baird increased their target price 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, Stifel Nicolaus upgraded shares of Hayward from a "hold" rating to a "buy" rating and set a $16.50 target price for the company in a report on Wednesday, February 5th. Four investment analysts have rated the stock with a hold rating and one has issued a buy rating to the company's stock. Based on data from MarketBeat.com, the company has an average rating of "Hold" and a consensus price target of $17.13.

Hayward Trading Up 6.1 %

HAYW traded up $0.74 during trading on Wednesday, reaching $12.79. The company had a trading volume of 351,168 shares, compared to its average volume of 1,853,778. The firm's 50-day simple moving average is $13.56 and its 200 day simple moving average is $14.75. 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 cap of $2.77 billion, a price-to-earnings ratio of 30.45, a PEG ratio of 1.87 and a beta of 1.14. Hayward Holdings, Inc. has a 12-month low of $11.10 and a 12-month high of $16.87.

Hayward (NYSE:HAYW - Get Free Report) last released its quarterly earnings results on Thursday, February 27th. The company reported $0.27 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.24 by $0.03. Hayward had a net margin of 9.47% and a return on equity of 9.93%. The business had revenue of $327.08 million for the quarter, compared to analyst estimates of $302.76 million. Equities research analysts anticipate that Hayward Holdings, Inc. will post 0.6 earnings per share for the current year.

Insider Activity

In other news, CEO Kevin Holleran sold 50,000 shares of the company's stock in a transaction dated Thursday, April 3rd. The stock was sold at an average price of $12.52, for a total value of $626,000.00. Following the transaction, the chief executive officer now owns 623,540 shares in the company, valued at $7,806,720.80. This represents a 7.42 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Corporate insiders own 5.06% 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.