Hayward Holdings, Inc. $HAYW Shares Bought by Renaissance Technologies LLC

Renaissance Technologies LLC raised its position in Hayward Holdings, Inc. (NYSE:HAYW) by 44.9% during the first quarter, HoldingsChannel reports. The firm owned 884,747 shares of the company’s stock after buying an additional 274,300 shares during the quarter. Renaissance Technologies LLC’s holdings in Hayward were worth $11,838,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also modified their holdings of the company. Northwestern Mutual Wealth Management Co. lifted its position in shares of Hayward by 327,101.9% during the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 2,565,263 shares of the company’s stock worth $39,633,000 after purchasing an additional 2,564,479 shares during the last quarter. Focus Partners Wealth increased its holdings in Hayward by 17,180.8% in the fourth quarter. Focus Partners Wealth now owns 2,576,737 shares of the company’s stock valued at $39,811,000 after buying an additional 2,561,826 shares during the last quarter. AQR Capital Management LLC increased its holdings in Hayward by 66.8% in the fourth quarter. AQR Capital Management LLC now owns 4,191,014 shares of the company’s stock valued at $64,751,000 after buying an additional 1,678,955 shares during the last quarter. Fiduciary Management Inc. WI raised its stake in Hayward by 13.2% in the fourth quarter. Fiduciary Management Inc. WI now owns 9,089,866 shares of the company’s stock valued at $140,438,000 after buying an additional 1,063,380 shares in the last quarter. Finally, Dimensional Fund Advisors LP raised its stake in Hayward by 11.4% in the first quarter. Dimensional Fund Advisors LP now owns 7,453,736 shares of the company’s stock valued at $99,726,000 after buying an additional 761,145 shares in the last quarter.

Wall Street Analyst Weigh In

A number of analysts have issued reports on HAYW shares. The Goldman Sachs Group reaffirmed a “neutral” rating on shares of Hayward in a report on Wednesday. Weiss Ratings raised Hayward from a “hold (c)” rating to a “hold (c+)” rating in a research report on Thursday. Bank of America cut their target price on Hayward from $19.00 to $18.00 and set a “buy” rating on the stock in a research report on Monday, April 20th. KeyCorp restated a “sector weight” rating on shares of Hayward in a research note on Monday, July 20th. Finally, Zacks Research downgraded Hayward from a “strong-buy” rating to a “hold” rating in a report on Monday, April 27th. Two equities research analysts have rated the stock with a Buy rating and six have given a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company has an average rating of “Hold” and an average target price of $17.50.

Insider Transactions at Hayward

In related news, CEO Kevin Holleran sold 120,000 shares of the firm’s stock in a transaction that occurred on Wednesday, July 1st. The stock was sold at an average price of $17.28, for a total transaction of $2,073,600.00. Following the transaction, the chief executive officer owned 701,234 shares in the company, valued at $12,117,323.52. This trade represents a 14.61% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last quarter, insiders sold 222,389 shares of company stock worth $3,649,544. Company insiders own 4.73% of the company’s stock.

Hayward Price Performance

Shares of NYSE:HAYW opened at $15.16 on Friday. Hayward Holdings, Inc. has a 12 month low of $12.93 and a 12 month high of $17.73. The firm has a market capitalization of $3.21 billion, a P/E ratio of 20.48, a P/E/G ratio of 1.57 and a beta of 1.07. The company has a debt-to-equity ratio of 0.59, a current ratio of 3.33 and a quick ratio of 2.47. The company’s fifty day moving average price is $15.07 and its 200 day moving average price is $15.10.

Hayward (NYSE:HAYW) last released its quarterly earnings data on Wednesday, July 29th. The company reported $0.26 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.24 by $0.02. The company had revenue of $318.38 million during the quarter, compared to the consensus estimate of $303.35 million. Hayward had a net margin of 13.83% and a return on equity of 11.61%. Hayward’s revenue for the quarter was up 6.3% on a year-over-year basis. During the same quarter in the prior year, the firm posted $0.24 earnings per share. Hayward has set its FY 2026 guidance at 0.840-0.870 EPS. As a group, sell-side analysts predict that Hayward Holdings, Inc. will post 0.87 earnings per share for the current fiscal year.

Hayward Company Profile

Hayward Holdings, Inc is a leading manufacturer and marketer of residential and commercial swimming pool equipment and related outdoor living products. The company designs, engineers and produces a comprehensive range of products that address water circulation, filtration, heating, sanitation, automation, lighting and cleaning needs for pools and spas. Hayward’s offerings include pumps, filters, heaters, salt and chemical sanitization systems, automation controls, lights, robotic cleaners and various accessories that serve both new pool construction and aftermarket renovation markets.

Hayward’s product portfolio is organized into several core categories.