Squarepoint Ops LLC Acquires New Position in Hayward Holdings, Inc. $HAYW

Squarepoint Ops LLC bought a new position in shares of Hayward Holdings, Inc. (NYSE:HAYW) during the 2nd quarter, HoldingsChannel.com reports. The fund bought 271,114 shares of the company’s stock, valued at approximately $4,693,000.

Other hedge funds also recently added to or reduced their stakes in the company. Hantz Financial Services Inc. boosted its position in Hayward by 80.2% in the 4th quarter. Hantz Financial Services Inc. now owns 2,058 shares of the company’s stock valued at $32,000 after buying an additional 916 shares during the period. IFP Advisors Inc increased its position in shares of Hayward by 103.9% during the fourth quarter. IFP Advisors Inc now owns 2,482 shares of the company’s stock worth $38,000 after acquiring an additional 1,265 shares during the period. Caitong International Asset Management Co. Ltd acquired a new stake in shares of Hayward in the fourth quarter valued at $39,000. Nykredit A S acquired a new stake in shares of Hayward in the second quarter valued at $42,000. Finally, Allworth Financial LP purchased a new position in Hayward in the second quarter valued at $47,000.

Analyst Ratings Changes

Several research firms recently commented on HAYW. KeyCorp reissued a “sector weight” rating on shares of Hayward in a research note 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. Cantor Fitzgerald reiterated a “neutral” rating on shares of Hayward in a research note on Monday, July 6th. Finally, The Goldman Sachs Group reissued a “neutral” rating on shares of Hayward in a research report on Wednesday, July 29th. Two investment analysts have rated the stock with a Buy rating and six have issued a Hold rating to the company’s stock. According to data from MarketBeat, Hayward has a consensus rating of “Hold” and a consensus price target of $17.50.

Insider Activity

In other news, CEO Kevin Holleran sold 120,000 shares of the company’s stock in a transaction dated 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 completion of the transaction, the chief executive officer directly owned 701,234 shares of the company’s stock, valued at approximately $12,117,323.52. This represents a 14.61% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last ninety days, insiders sold 270,000 shares of company stock worth $4,385,100. Corporate insiders own 4.73% of the company’s stock.

Hayward Price Performance

Hayward stock opened at $13.12 on Friday. The stock has a market cap of $2.78 billion, a P/E ratio of 17.74, a price-to-earnings-growth ratio of 1.19 and a beta of 1.10. The company has a fifty day simple moving average of $14.82 and a 200-day simple moving average of $14.70. Hayward Holdings, Inc. has a 12-month low of $12.84 and a 12-month high of $17.73. The company has a current ratio of 3.33, a quick ratio of 2.49 and a debt-to-equity ratio of 0.59.

Hayward (NYSE:HAYW) last posted its earnings results on Wednesday, July 29th. The company reported $0.26 EPS for the quarter, beating the consensus estimate of $0.24 by $0.02. The firm had revenue of $318.38 million for the quarter, compared to analyst estimates of $303.35 million. Hayward had a return on equity of 11.61% and a net margin of 13.83%.Hayward’s revenue for the quarter was up 6.3% compared to the same quarter last year. During the same quarter in the prior year, the company posted $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 EPS for the current fiscal year.

Hayward Profile

Hayward Holdings, Inc designs, manufactures and sells equipment and systems used in residential and commercial swimming pools. Its product portfolio includes pumps, filters, heaters, heat pumps, automatic cleaners, lighting, salt chlorination systems and pool automation and controls.

The company’s products are intended to help pool owners and professionals circulate, filter, heat, sanitize and manage pool water. Hayward sells through distributors, retailers, pool builders and service professionals, serving customers primarily in North America as well as selected international markets.

Hayward’s business traces its history to 1925 and has developed from a pool-equipment manufacturer into a provider of connected and energy-efficient pool solutions.