De Lisle Partners LLP Takes $5.18 Million Position in Hayward Holdings, Inc. (NYSE:HAYW)

De Lisle Partners LLP acquired a new position in Hayward Holdings, Inc. (NYSE:HAYW) during the third quarter, according to the company in its most recent disclosure with the SEC. The firm acquired 337,949 shares of the company’s stock, valued at approximately $5,182,000. Hayward accounts for approximately 0.8% of De Lisle Partners LLP’s portfolio, making the stock its 29th largest holding. De Lisle Partners LLP owned approximately 0.16% of Hayward at the end of the most recent reporting period.

Several other hedge funds have also recently bought and sold shares of the company. Jane Street Group LLC increased its stake in shares of Hayward by 241.0% in the first quarter. Jane Street Group LLC now owns 608,218 shares of the company’s stock valued at $9,312,000 after purchasing an additional 429,851 shares during the period. WCM Investment Management LLC increased its position in Hayward by 2.2% in the 3rd quarter. WCM Investment Management LLC now owns 2,041,398 shares of the company’s stock valued at $31,152,000 after acquiring an additional 43,222 shares during the period. Victory Capital Management Inc. raised its stake in Hayward by 4.6% during the 2nd quarter. Victory Capital Management Inc. now owns 5,090,726 shares of the company’s stock valued at $62,616,000 after acquiring an additional 222,311 shares in the last quarter. Vanguard Group Inc. boosted its position in Hayward by 0.4% during the 1st quarter. Vanguard Group Inc. now owns 14,755,190 shares of the company’s stock worth $225,902,000 after acquiring an additional 51,488 shares during the period. Finally, Jade Capital Advisors LLC bought a new position in shares of Hayward in the third quarter worth $2,301,000.

Hayward Stock Performance

Shares of HAYW opened at $16.18 on Thursday. The company has a debt-to-equity ratio of 0.70, a current ratio of 2.62 and a quick ratio of 1.69. The firm’s 50 day moving average is $15.47 and its 200-day moving average is $14.34. Hayward Holdings, Inc. has a 12-month low of $11.54 and a 12-month high of $16.87. The stock has a market capitalization of $3.49 billion, a P/E ratio of 38.52, a P/E/G ratio of 2.30 and a beta of 1.19.

Hayward (NYSE:HAYW) last posted its quarterly earnings results on Tuesday, October 29th. The company reported $0.11 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.10 by $0.01. Hayward had a net margin of 9.47% and a return on equity of 9.93%. The firm had revenue of $227.57 million for the quarter, compared to analyst estimates of $222.88 million. During the same quarter in the previous year, the business posted $0.08 earnings per share. The firm’s quarterly revenue was up 3.3% compared to the same quarter last year. Equities research analysts anticipate that Hayward Holdings, Inc. will post 0.61 EPS for the current fiscal year.

Insider Buying and Selling

In related news, CEO Kevin Holleran sold 42,857 shares of the firm’s stock in a transaction that occurred on Tuesday, September 3rd. The shares were sold at an average price of $14.29, for a total value of $612,426.53. Following the completion of the transaction, the chief executive officer now owns 522,799 shares of the company’s stock, valued at approximately $7,470,797.71. This trade represents a 7.58 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, CFO Eifion Jones sold 75,000 shares of the business’s stock in a transaction on Friday, November 8th. The shares were sold at an average price of $16.11, for a total transaction of $1,208,250.00. Following the sale, the chief financial officer now directly owns 258,903 shares in the company, valued at approximately $4,170,927.33. This trade represents a 22.46 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last quarter, insiders have sold 217,857 shares of company stock valued at $3,416,677. 3.25% of the stock is owned by corporate insiders.

Analyst Ratings Changes

A number of equities research analysts recently weighed in on HAYW shares. Robert W. Baird lifted their price objective on shares of Hayward from $19.00 to $20.00 and gave the company a “neutral” rating in a research note on Wednesday, October 30th. The Goldman Sachs Group boosted their price target on shares of Hayward from $14.00 to $16.00 and gave the stock a “neutral” rating in a research report on Wednesday, October 30th. Stifel Nicolaus upped their price target on shares of Hayward from $15.50 to $16.00 and gave the stock a “hold” rating in a research note on Monday, October 28th. Finally, KeyCorp raised their price objective on shares of Hayward from $17.00 to $18.00 and gave the company an “overweight” rating in a research note on Wednesday, October 30th. Four analysts have rated the stock with a hold rating and one has given a buy rating to the stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Hold” and a consensus target price of $16.80.

About Hayward

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.