Amundi Acquires 83,340 Shares of Hayward Holdings, Inc. (NYSE:HAYW)

Amundi lifted its position in shares of Hayward Holdings, Inc. (NYSE:HAYW) by 333.4% in the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 108,336 shares of the company’s stock after acquiring an additional 83,340 shares during the quarter. Amundi owned approximately 0.05% of Hayward worth $1,571,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently made changes to their positions in the company. True Wealth Design LLC bought a new stake in shares of Hayward during the third quarter worth $44,000. Blue Trust Inc. raised its position in shares of Hayward by 30.2% during the fourth quarter. Blue Trust Inc. now owns 2,891 shares of the company’s stock worth $44,000 after acquiring an additional 671 shares during the last quarter. Harbor Investment Advisory LLC raised its position in shares of Hayward by 98.0% during the fourth quarter. Harbor Investment Advisory LLC now owns 5,099 shares of the company’s stock worth $78,000 after acquiring an additional 2,524 shares during the last quarter. KBC Group NV raised its position in shares of Hayward by 56.2% during the fourth quarter. KBC Group NV now owns 6,343 shares of the company’s stock worth $97,000 after acquiring an additional 2,283 shares during the last quarter. Finally, Pacer Advisors Inc. raised its position in shares of 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 last quarter.

Insider Transactions at Hayward

In other news, CEO Kevin Holleran sold 50,000 shares of the company’s stock in a transaction dated Monday, February 3rd. The stock was sold at an average price of $14.52, for a total transaction 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. This represents a 8.73 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. 3.25% of the stock is owned by insiders.

Wall Street Analysts Forecast Growth

A number of equities research analysts have recently weighed in on HAYW shares. Robert W. Baird boosted their target price on 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 Hayward from a “hold” rating to a “buy” rating and set a $16.50 price objective for the company in a research note on Wednesday, February 5th. Finally, KeyCorp reaffirmed a “sector weight” rating on shares of Hayward in a research note on Monday, January 6th.

Hayward Stock Up 0.7 %

NYSE:HAYW opened at $14.26 on Tuesday. Hayward Holdings, Inc. has a 1 year low of $11.96 and a 1 year high of $16.87. The company has a current ratio of 2.62, a quick ratio of 1.69 and a debt-to-equity ratio of 0.70. The stock has a market cap of $3.08 billion, a price-to-earnings ratio of 33.94, a PEG ratio of 1.87 and a beta of 1.16. The stock has a 50-day moving average price of $14.58 and a two-hundred day moving average price of $15.07.

Hayward (NYSE:HAYW) last posted its earnings results on Thursday, February 27th. The company reported $0.27 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.24 by $0.03. The firm had revenue of $327.08 million during the quarter, compared to analysts’ expectations of $302.76 million. Hayward had a return on equity of 9.93% and a net margin of 9.47%. As a group, equities analysts expect that Hayward Holdings, Inc. will post 0.6 earnings per share for the current year.

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.