Latham Group (NASDAQ:SWIM) Hits New 12-Month High After Better-Than-Expected Earnings

Latham Group, Inc. (NASDAQ:SWIM)’s stock price hit a new 52-week high during trading on Wednesday after the company announced better than expected quarterly earnings. The stock traded as high as $8.97 and last traded at $7.86, with a volume of 1408746 shares trading hands. The stock had previously closed at $6.44.

The company reported ($0.06) earnings per share for the quarter, topping analysts’ consensus estimates of ($0.09) by $0.03. Latham Group had a negative net margin of 2.07% and a negative return on equity of 2.80%. The business had revenue of $99.95 million during the quarter, compared to analysts’ expectations of $95.86 million.

Latham Group News Summary

Here are the key news stories impacting Latham Group this week:

• Positive Sentiment: Stifel Nicolaus raised its price target to $9.50 and upgraded SWIM to a “buy”, signaling analyst confidence and adding buy-side momentum. Stifel Upgrade
• Positive Sentiment: Company reported Q4 results that beat expectations: EPS closer to break-even and revenue above consensus (Q4 net sales ~$100M vs est. ~$95.9M), with large adjusted EBITDA improvement and margin expansion—supports a re-rating for profitability. Zacks Q4 Coverage
• Positive Sentiment: Management issued FY2026 revenue guidance of $580M–$610M (above the consensus ~$569.8M) and expects mid-single-digit net sales growth and double-digit adjusted EBITDA growth at the midpoints—this top-line guidance is a key driver of optimism. Press Release & Guidance
• Positive Sentiment: Latham closed an acquisition of Freedom Pools (Australia/New Zealand), expanding its hybrid manufacturing/installation footprint in ANZ; management says the deal is immediately accretive, supporting international growth and margin leverage. Acquisition Announcement
• Positive Sentiment: Multiple outlets (Yahoo/UK, MarketBeat) noted the “impressive” Q4 and market reaction, reinforcing momentum and visibility with retail/institutional investors. Yahoo Coverage
• Neutral Sentiment: Full Q4 earnings call transcript and conference materials are available for detail on volume mix, pricing, and margin drivers—useful for modeling but not new catalysts by themselves. Earnings Call Transcript
• Negative Sentiment: Optimist Fund trimmed its SWIM stake (from 6% to 3%), which could add selling pressure or signal portfolio rebalancing concerns for some investors. Optimist Fund Trim

Analysts Set New Price Targets

SWIM has been the subject of several analyst reports. Stifel Nicolaus boosted their target price on shares of Latham Group from $8.75 to $9.50 and gave the company a “buy” rating in a research note on Wednesday. Weiss Ratings reissued a “sell (d)” rating on shares of Latham Group in a research report on Monday, December 29th. Finally, Barclays raised their target price on shares of Latham Group from $7.00 to $8.00 and gave the stock an “equal weight” rating in a research report on Wednesday. One analyst has rated the stock with a Buy rating, one has assigned a Hold rating and two have issued a Sell rating to the company. According to data from MarketBeat, Latham Group has a consensus rating of “Reduce” and an average price target of $7.63.

Hedge Funds Weigh In On Latham Group

A number of large investors have recently bought and sold shares of the stock. Wellington Management Group LLP increased its holdings in shares of Latham Group by 216.4% during the 4th quarter. Wellington Management Group LLP now owns 6,749,349 shares of the company’s stock worth $42,858,000 after buying an additional 4,616,367 shares during the last quarter. Voss Capital LP raised its holdings in shares of Latham Group by 11.0% in the 2nd quarter. Voss Capital LP now owns 6,299,042 shares of the company’s stock worth $40,188,000 after purchasing an additional 622,327 shares during the period. Citadel Advisors LLC lifted its stake in shares of Latham Group by 206.5% in the 3rd quarter. Citadel Advisors LLC now owns 4,620,114 shares of the company’s stock valued at $35,159,000 after purchasing an additional 3,112,708 shares in the last quarter. Vanguard Group Inc. grew its holdings in shares of Latham Group by 36.7% during the 3rd quarter. Vanguard Group Inc. now owns 3,257,228 shares of the company’s stock worth $24,788,000 after purchasing an additional 873,903 shares during the period. Finally, Wasatch Advisors LP increased its position in Latham Group by 29.5% during the 2nd quarter. Wasatch Advisors LP now owns 3,116,247 shares of the company’s stock worth $19,882,000 after purchasing an additional 709,368 shares in the last quarter. Hedge funds and other institutional investors own 83.95% of the company’s stock.

Latham Group Trading Up 20.2%

The firm’s 50 day simple moving average is $6.54 and its 200-day simple moving average is $7.05. The company has a quick ratio of 1.72, a current ratio of 2.43 and a debt-to-equity ratio of 0.68. The company has a market capitalization of $902.95 million, a PE ratio of -77.39 and a beta of 1.70.

Latham Group Company Profile

Latham Group, Inc designs, manufactures and supplies a broad range of aquatic products and services for residential and commercial applications. Offerings include fiberglass and vinyl-liner pool shells, commercial water park structures, water slides, surf simulators, pumps, filters, heaters and sanitation systems. The company also provides parts, equipment and technical support for pool installation, maintenance and repair.

Operating across three core segments—commercial, residential and aftermarket—Latham delivers turnkey aquatic facilities and attractions for municipal, hospitality and resort clients, offers packaged pool kits and equipment packages to builders and dealers, and supplies replacement parts, service contracts and technical assistance to support ongoing pool operations.

Headquartered in the United States, Latham Group maintains manufacturing and distribution centers throughout North America and Europe.