4,116,988 Shares in Hayward Holdings, Inc. (NYSE:HAYW) Bought by Fiduciary Management Inc. WI

Fiduciary Management Inc. WI acquired a new position in shares of Hayward Holdings, Inc. (NYSE:HAYW - Free Report) in the 4th quarter, according to its most recent Form 13F filing with the SEC. The firm acquired 4,116,988 shares of the company's stock, valued at approximately $62,949,000. Fiduciary Management Inc. WI owned approximately 1.91% of Hayward as of its most recent SEC filing.

A number of other hedge funds have also modified their holdings of the stock. Cramer Rosenthal Mcglynn LLC raised its stake in Hayward by 9.4% during the 4th quarter. Cramer Rosenthal Mcglynn LLC now owns 2,077,392 shares of the company's stock valued at $31,763,000 after purchasing an additional 177,903 shares during the period. Canada Pension Plan Investment Board acquired a new position in Hayward during the fourth quarter valued at $356,000. Jump Financial LLC purchased a new stake in Hayward in the 4th quarter worth about $210,000. Mariner LLC grew its stake in Hayward by 18.2% during the 4th quarter. Mariner LLC now owns 34,529 shares of the company's stock valued at $528,000 after acquiring an additional 5,328 shares in the last quarter. Finally, Rockefeller Capital Management L.P. increased its holdings in shares of Hayward by 11.0% in the 4th quarter. Rockefeller Capital Management L.P. now owns 22,348 shares of the company's stock valued at $342,000 after purchasing an additional 2,208 shares during the period.

Hayward Stock Up 2.1 %

Shares of HAYW traded up $0.26 during trading hours on Thursday, hitting $12.76. 505,795 shares of the company were exchanged, compared to its average volume of 1,866,471. The firm's 50 day moving average is $13.52 and its 200-day moving average is $14.74. 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 Holdings, Inc. has a 52 week low of $11.10 and a 52 week high of $16.87. The company has a market cap of $2.76 billion, a PE ratio of 30.42, a PEG ratio of 1.87 and a beta of 1.14.

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

Analyst Ratings Changes

Several brokerages recently issued reports on HAYW. Robert W. Baird increased their price objective on Hayward from $17.00 to $18.00 and gave the stock a "neutral" rating in a report on Friday, February 28th. Stifel Nicolaus upgraded 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 research note on Monday, January 6th. Finally, Wolfe Research lowered shares of Hayward from an "outperform" rating to a "peer perform" rating in a research report on Thursday, April 3rd. Four analysts have rated the stock with a hold rating and one has assigned a buy rating to the company's stock. According to MarketBeat, Hayward presently has an average rating of "Hold" and an average target price of $17.13.

Insider Buying and Selling

In other news, CEO Kevin Holleran sold 50,000 shares of the company's stock in a transaction dated Thursday, April 3rd. The shares were sold at an average price of $12.52, for a total transaction of $626,000.00. Following the completion of the transaction, the chief executive officer now owns 623,540 shares of the company's stock, valued at approximately $7,806,720.80. This represents a 7.42 % decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. 5.06% of the stock is owned by insiders.

About Hayward

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.