De Lisle Partners LLP Buys Shares of 337,949 Hayward Holdings, Inc. (NYSE:HAYW)

De Lisle Partners LLP purchased a new position in Hayward Holdings, Inc. (NYSE:HAYW) during the third quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor purchased 337,949 shares of the company’s stock, valued at approximately $5,182,000. Hayward comprises 0.8% of De Lisle Partners LLP’s portfolio, making the stock its 29th biggest holding.

Other hedge funds have also modified their holdings of the company. Jane Street Group LLC grew its stake in 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 in the last quarter. WCM Investment Management LLC lifted its holdings in shares of Hayward by 2.2% during the 3rd quarter. WCM Investment Management LLC now owns 2,041,398 shares of the company’s stock valued at $31,152,000 after buying an additional 43,222 shares during the last quarter. Victory Capital Management Inc. grew its stake in shares of Hayward by 4.6% in the 2nd quarter. Victory Capital Management Inc. now owns 5,090,726 shares of the company’s stock valued at $62,616,000 after buying an additional 222,311 shares in the last quarter. Vanguard Group Inc. increased its holdings in Hayward by 0.4% in the first quarter. Vanguard Group Inc. now owns 14,755,190 shares of the company’s stock worth $225,902,000 after buying an additional 51,488 shares during the last quarter. Finally, Jade Capital Advisors LLC bought a new position in Hayward during the third quarter valued at approximately $2,301,000.

Insider Transactions at Hayward

In related news, CFO Eifion Jones sold 75,000 shares of the firm’s stock in a transaction on Friday, November 8th. The stock was sold at an average price of $16.11, for a total transaction of $1,208,250.00. Following the completion of the sale, the chief financial officer now directly owns 258,903 shares of the company’s stock, valued at $4,170,927.33. This trade represents a 22.46 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, CEO Kevin Holleran sold 42,857 shares of the firm’s stock in a transaction 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 sale, 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 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 insiders.

Hayward Stock Down 0.9 %

Shares of HAYW opened at $16.18 on Thursday. 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 company has a 50-day moving average price of $15.47 and a two-hundred day moving average price of $14.34. The stock has a market cap of $3.49 billion, a price-to-earnings ratio of 38.52, a P/E/G ratio of 2.30 and a beta of 1.19. Hayward Holdings, Inc. has a 12 month low of $11.54 and a 12 month high of $16.87.

Hayward (NYSE:HAYW) last announced its quarterly earnings results on Tuesday, October 29th. The company reported $0.11 EPS for the quarter, beating the consensus estimate of $0.10 by $0.01. Hayward had a return on equity of 9.93% and a net margin of 9.47%. The business 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 firm earned $0.08 EPS. Hayward’s quarterly revenue was up 3.3% on a year-over-year basis. Equities analysts predict that Hayward Holdings, Inc. will post 0.61 EPS for the current fiscal year.

Analysts Set New Price Targets

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

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.