SG Americas Securities LLC Has $1.17 Million Holdings in Hayward Holdings, Inc. $HAYW

SG Americas Securities LLC grew its position in Hayward Holdings, Inc. (NYSE:HAYW) by 99.5% in the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 84,969 shares of the company’s stock after acquiring an additional 42,381 shares during the quarter. SG Americas Securities LLC’s holdings in Hayward were worth $1,173,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the business. Amalgamated Bank boosted its stake in Hayward by 1.7% in the 2nd quarter. Amalgamated Bank now owns 43,996 shares of the company’s stock valued at $607,000 after buying an additional 724 shares in the last quarter. Pacer Advisors Inc. increased its holdings in Hayward by 9.5% during the 1st quarter. Pacer Advisors Inc. now owns 11,165 shares of the company’s stock valued at $155,000 after purchasing an additional 969 shares in the last quarter. Yousif Capital Management LLC raised its position in Hayward by 2.0% in the 2nd quarter. Yousif Capital Management LLC now owns 53,670 shares of the company’s stock valued at $741,000 after purchasing an additional 1,049 shares during the last quarter. Harbor Investment Advisory LLC boosted its stake in Hayward by 28.9% in the second quarter. Harbor Investment Advisory LLC now owns 6,571 shares of the company’s stock worth $91,000 after purchasing an additional 1,472 shares in the last quarter. Finally, Teacher Retirement System of Texas grew its holdings in shares of Hayward by 5.5% during the second quarter. Teacher Retirement System of Texas now owns 31,148 shares of the company’s stock worth $430,000 after purchasing an additional 1,613 shares during the last quarter.

Hayward Stock Up 2.9%

Shares of NYSE HAYW opened at $15.55 on Friday. Hayward Holdings, Inc. has a 1 year low of $11.10 and a 1 year high of $17.73. The firm’s 50-day moving average is $15.51 and its 200-day moving average is $15.04. The company has a current ratio of 3.18, a quick ratio of 2.31 and a debt-to-equity ratio of 0.62. The firm has a market capitalization of $3.37 billion, a PE ratio of 25.08, a price-to-earnings-growth ratio of 1.59 and a beta of 1.12.

Hayward (NYSE:HAYW) last announced its quarterly earnings data on Wednesday, October 29th. The company reported $0.14 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.12 by $0.02. The firm had revenue of $244.34 million for the quarter, compared to analysts’ expectations of $231.46 million. Hayward had a net margin of 12.54% and a return on equity of 11.24%. The business’s revenue for the quarter was up 7.3% on a year-over-year basis. During the same period last year, the firm earned $0.11 earnings per share. Hayward has set its FY 2025 guidance at EPS. Equities analysts expect that Hayward Holdings, Inc. will post 0.6 EPS for the current year.

Analysts Set New Price Targets

A number of research analysts recently issued reports on HAYW shares. Stifel Nicolaus lifted their price target on Hayward from $17.50 to $18.00 and gave the company a “buy” rating in a report on Friday, September 5th. Weiss Ratings reissued a “hold (c)” rating on shares of Hayward in a report on Monday. Finally, Zacks Research raised shares of Hayward from a “hold” rating to a “strong-buy” rating in a research note on Wednesday, October 22nd. One investment analyst has rated the stock with a Strong Buy rating, one has issued a Buy rating and four have issued a Hold rating to the company’s stock. According to MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average price target of $18.00.

Insider Activity

In other Hayward news, CEO Kevin Holleran sold 60,571 shares of the stock in a transaction dated Wednesday, October 1st. The stock was sold at an average price of $15.16, for a total value of $918,256.36. Following the transaction, the chief executive officer owned 623,540 shares of the company’s stock, valued at approximately $9,452,866.40. This represents a 8.85% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, CFO Eifion Jones sold 25,000 shares of the business’s stock in a transaction dated Wednesday, October 29th. The stock was sold at an average price of $17.50, for a total value of $437,500.00. Following the transaction, the chief financial officer owned 287,231 shares of the company’s stock, valued at $5,026,542.50. The trade was a 8.01% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders sold 146,142 shares of company stock worth $2,369,715 in the last three months. Insiders own 5.06% of the company’s stock.

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.