Fox Run Management L.L.C. Makes New $378,000 Investment in Hayward Holdings, Inc. (NYSE:HAYW)

Fox Run Management L.L.C. bought a new position in Hayward Holdings, Inc. (NYSE:HAYW) in the 4th quarter, Holdings Channel.com reports. The firm bought 24,731 shares of the company’s stock, valued at approximately $378,000.

Other hedge funds and other institutional investors have also made changes to their positions in the company. True Wealth Design LLC purchased a new position in Hayward during the third quarter worth about $44,000. Blue Trust Inc. raised its stake in shares of Hayward by 30.2% during the 4th quarter. Blue Trust Inc. now owns 2,891 shares of the company’s stock worth $44,000 after buying an additional 671 shares in the last quarter. Harbor Investment Advisory LLC lifted its holdings in shares of Hayward by 98.0% in the 4th quarter. Harbor Investment Advisory LLC now owns 5,099 shares of the company’s stock valued at $78,000 after buying an additional 2,524 shares during the period. KBC Group NV boosted its stake in shares of Hayward by 56.2% in the fourth quarter. KBC Group NV now owns 6,343 shares of the company’s stock valued at $97,000 after buying an additional 2,283 shares in the last quarter. Finally, Pacer Advisors Inc. grew its holdings in Hayward by 25.4% during the fourth quarter. Pacer Advisors Inc. now owns 10,196 shares of the company’s stock worth $156,000 after acquiring an additional 2,062 shares during the period.

Insider Buying and Selling at Hayward

In other news, CEO Kevin Holleran sold 50,000 shares of the business’s stock in a transaction on Monday, February 3rd. The stock was sold at an average price of $14.52, for a total value of $726,000.00. Following the completion of the transaction, the chief executive officer now directly owns 522,799 shares of the company’s stock, valued at $7,591,041.48. The trade was a 8.73 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available through the SEC website. 3.25% of the stock is owned by insiders.

Wall Street Analysts Forecast Growth

HAYW has been the topic of several research analyst reports. Robert W. Baird boosted their target price on shares of Hayward from $17.00 to $18.00 and gave the stock a “neutral” rating in a research report on Friday, February 28th. Stifel Nicolaus raised shares of Hayward from a “hold” rating to a “buy” rating and set a $16.50 price objective on the stock in a report on Wednesday, February 5th. Finally, KeyCorp reaffirmed a “sector weight” rating on shares of Hayward in a report on Monday, January 6th.

Hayward Trading Down 1.0 %

Shares of HAYW stock opened at $14.26 on Thursday. Hayward Holdings, Inc. has a fifty-two week low of $11.96 and a fifty-two week high of $16.87. The company has a quick ratio of 1.69, a current ratio of 2.62 and a debt-to-equity ratio of 0.70. The business has a fifty day simple moving average of $14.54 and a 200-day simple moving average of $15.06. The stock has a market cap of $3.08 billion, a P/E ratio of 33.95, a P/E/G ratio of 1.87 and a beta of 1.16.

Hayward (NYSE:HAYW) last announced its earnings results on Thursday, February 27th. The company reported $0.27 earnings per share (EPS) for the quarter, topping 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 company had revenue of $327.08 million during the quarter, compared to analysts’ expectations of $302.76 million. On average, analysts forecast that Hayward Holdings, Inc. will post 0.6 earnings per share for the current fiscal year.

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.