Gotham Asset Management LLC Has $29.44 Million Holdings in Hayward Holdings, Inc. $HAYW

Gotham Asset Management LLC grew its stake in Hayward Holdings, Inc. (NYSE:HAYW) by 499.7% during the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 1,947,137 shares of the company’s stock after purchasing an additional 1,622,458 shares during the period. Gotham Asset Management LLC’s holdings in Hayward were worth $29,441,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently made changes to their positions in HAYW. Focus Partners Wealth bought a new stake in shares of Hayward in the third quarter valued at about $243,000. Brevan Howard Capital Management LP increased its stake in Hayward by 96.0% during the third quarter. Brevan Howard Capital Management LP now owns 33,807 shares of the company’s stock valued at $511,000 after acquiring an additional 16,561 shares during the period. Bank of America Corp DE increased its stake in Hayward by 12.9% during the third quarter. Bank of America Corp DE now owns 3,418,850 shares of the company’s stock valued at $51,693,000 after acquiring an additional 391,962 shares during the period. Aquatic Capital Management LLC raised its holdings in Hayward by 46.9% in the 3rd quarter. Aquatic Capital Management LLC now owns 77,367 shares of the company’s stock valued at $1,170,000 after acquiring an additional 24,704 shares in the last quarter. Finally, Alliancebernstein L.P. raised its holdings in Hayward by 14.7% in the 3rd quarter. Alliancebernstein L.P. now owns 59,434 shares of the company’s stock valued at $899,000 after acquiring an additional 7,611 shares in the last quarter.

Insiders Place Their Bets

In other news, CFO Eifion Jones sold 15,000 shares of the firm’s stock in a transaction on Monday, March 9th. The stock was sold at an average price of $14.57, for a total value of $218,550.00. Following the completion of the sale, the chief financial officer directly owned 316,100 shares in the company, valued at approximately $4,605,577. This trade represents a 4.53% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through this link. Also, CEO Kevin Holleran sold 52,389 shares of Hayward stock in a transaction dated Monday, March 2nd. The shares were sold at an average price of $15.73, for a total value of $824,078.97. Following the completion of the transaction, the chief executive officer directly owned 748,540 shares of the company’s stock, valued at $11,774,534.20. This represents a 6.54% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Over the last 90 days, insiders sold 172,168 shares of company stock valued at $2,721,189. 5.06% of the stock is currently owned by corporate insiders.

Wall Street Analysts Forecast Growth

HAYW has been the topic of several recent research reports. Zacks Research raised Hayward from a “hold” rating to a “strong-buy” rating in a report on Thursday, March 5th. Weiss Ratings raised Hayward from a “hold (c)” rating to a “buy (b-)” rating in a research report on Thursday, February 26th. Bank of America upgraded shares of Hayward from an “underperform” rating to a “buy” rating and set a $19.00 price target on the stock in a research note on Friday, March 6th. Finally, Stifel Nicolaus restated a “buy” rating and issued a $19.50 price objective (up from $19.00) on shares of Hayward in a research note on Thursday, February 26th. One investment analyst has rated the stock with a Strong Buy rating, three have assigned a Buy rating and one has given a Hold rating to the company. According to MarketBeat.com, the company presently has an average rating of “Buy” and an average price target of $19.25.

Hayward Stock Performance

NYSE:HAYW opened at $14.23 on Tuesday. The stock has a market capitalization of $3.09 billion, a P/E ratio of 20.93, a price-to-earnings-growth ratio of 1.43 and a beta of 1.13. The company has a current ratio of 2.94, a quick ratio of 2.29 and a debt-to-equity ratio of 0.59. Hayward Holdings, Inc. has a 1 year low of $11.10 and a 1 year high of $17.73. The firm has a 50 day moving average of $16.02 and a 200-day moving average of $15.83.

Hayward (NYSE:HAYW) last released its quarterly earnings results on Wednesday, February 25th. The company reported $0.29 EPS for the quarter, topping analysts’ consensus estimates of $0.28 by $0.01. Hayward had a return on equity of 11.27% and a net margin of 13.51%.The business had revenue of $349.38 million for the quarter, compared to analyst estimates of $332.84 million. During the same period in the prior year, the company earned $0.27 EPS. Hayward’s revenue for the quarter was up 6.8% on a year-over-year basis. Hayward has set its FY 2026 guidance at 0.820-0.860 EPS. As a group, sell-side analysts anticipate that Hayward Holdings, Inc. will post 0.6 EPS for the current fiscal year.

About Hayward

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.