Polar Asset Management Partners Inc. Takes Position in Hayward Holdings, Inc. $HAYW

Polar Asset Management Partners Inc. purchased a new position in shares of Hayward Holdings, Inc. (NYSE:HAYW) during the 2nd quarter, HoldingsChannel.com reports. The firm purchased 306,500 shares of the company’s stock, valued at approximately $5,306,000.

Other large investors have also added to or reduced their stakes in the company. BlackRock Inc. acquired a new stake in Hayward during the 2nd quarter worth approximately $422,455,000. Northwestern Mutual Wealth Management Co. grew its holdings in 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 acquiring an additional 2,564,479 shares during the last quarter. Focus Partners Wealth increased its position in Hayward by 17,180.8% in the 4th quarter. Focus Partners Wealth now owns 2,576,737 shares of the company’s stock valued at $39,811,000 after acquiring an additional 2,561,826 shares during the period. AQR Capital Management LLC increased its position in Hayward by 66.8% in the 4th quarter. AQR Capital Management LLC now owns 4,191,014 shares of the company’s stock valued at $64,751,000 after acquiring an additional 1,678,955 shares during the period. Finally, Bank of New York Mellon Corp acquired a new position in Hayward in the 2nd quarter valued at approximately $28,916,000.

Insiders Place Their Bets

In other Hayward news, CEO Kevin Holleran sold 50,000 shares of the stock in a transaction dated Monday, August 3rd. The stock was sold at an average price of $15.31, for a total transaction of $765,500.00. Following the completion of the sale, the chief executive officer directly owned 701,234 shares in the company, valued at approximately $10,735,892.54. This trade represents a 6.66% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last three months, insiders sold 272,389 shares of company stock worth $4,415,044. Company insiders own 4.73% of the company’s stock.

Hayward Trading Down 0.0%

NYSE:HAYW opened at $14.49 on Wednesday. The firm’s fifty day moving average is $15.40 and its 200-day moving average is $14.95. The company has a debt-to-equity ratio of 0.59, a quick ratio of 2.49 and a current ratio of 3.33. Hayward Holdings, Inc. has a 52 week low of $12.93 and a 52 week high of $17.73. The firm has a market cap of $3.07 billion, a P/E ratio of 19.59, a P/E/G ratio of 1.33 and a beta of 1.09.

Hayward (NYSE:HAYW) last announced its earnings results on Wednesday, July 29th. The company reported $0.26 earnings per share for the quarter, topping analysts’ consensus estimates of $0.24 by $0.02. The business 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 quarterly revenue was up 6.3% on a year-over-year basis. During the same quarter last year, the firm earned $0.24 earnings per share. Hayward has set its FY 2026 guidance at 0.840-0.870 EPS. Equities analysts expect that Hayward Holdings, Inc. will post 0.87 earnings per share for the current year.

Wall Street Analysts Forecast Growth

A number of equities analysts have recently commented on the stock. The Goldman Sachs Group reiterated a “neutral” rating on shares of Hayward in a report on Wednesday, July 29th. KeyCorp restated a “sector weight” rating on shares of Hayward in a report on Monday, July 20th. Weiss Ratings raised Hayward from a “hold (c)” rating to a “hold (c+)” rating in a research report on Thursday, July 30th. Finally, Cantor Fitzgerald reaffirmed a “neutral” rating on shares of Hayward in a report on Monday, July 6th. Two investment analysts have rated the stock with a Buy rating and six have assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, Hayward presently has a consensus rating of “Hold” and an average price target of $17.50.

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.