Polar Asset Management Partners Inc. Sells 42,489 Shares of Hayward Holdings, Inc. $HAYW

Polar Asset Management Partners Inc. lessened its holdings in shares of Hayward Holdings, Inc. (NYSE:HAYW) by 24.8% in the 3rd quarter, according to its most recent filing with the SEC. The fund owned 128,736 shares of the company’s stock after selling 42,489 shares during the period. Polar Asset Management Partners Inc. owned approximately 0.06% of Hayward worth $1,946,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in HAYW. Covestor Ltd boosted its holdings in Hayward by 10,452.9% in the 3rd quarter. Covestor Ltd now owns 1,794 shares of the company’s stock valued at $27,000 after purchasing an additional 1,777 shares during the period. Steph & Co. bought a new position in shares of Hayward during the 3rd quarter worth about $41,000. EverSource Wealth Advisors LLC raised its position in shares of Hayward by 149.2% during the second quarter. EverSource Wealth Advisors LLC now owns 4,700 shares of the company’s stock valued at $65,000 after buying an additional 2,814 shares during the last quarter. Harbor Investment Advisory LLC lifted its stake in shares of Hayward by 19.3% in the third quarter. Harbor Investment Advisory LLC now owns 7,842 shares of the company’s stock valued at $119,000 after buying an additional 1,271 shares during the period. Finally, Orion Porfolio Solutions LLC bought a new stake in shares of Hayward in the second quarter valued at about $151,000.

Insider Activity at Hayward

In other news, CFO Eifion Jones sold 15,000 shares of the firm’s stock in a transaction that occurred on Monday, March 9th. The stock was sold at an average price of $14.57, for a total value of $218,550.00. Following the transaction, the chief financial officer owned 316,100 shares in the company, valued at $4,605,577. This trade represents a 4.53% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Also, CEO Kevin Holleran sold 52,390 shares of the company’s stock in a transaction dated Monday, January 5th. The stock was sold at an average price of $15.99, for a total transaction of $837,716.10. Following the completion of the sale, the chief executive officer directly owned 623,540 shares of the company’s stock, valued at $9,970,404.60. The trade was a 7.75% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last three months, insiders sold 172,168 shares of company stock worth $2,721,189. Insiders own 5.06% of the company’s stock.

Analyst Ratings Changes

HAYW has been the topic of several analyst reports. Stifel Nicolaus reissued a “buy” rating and issued a $19.50 price target (up from $19.00) on shares of Hayward in a report on Thursday, February 26th. Zacks Research raised Hayward from a “hold” rating to a “strong-buy” rating in a report on Thursday, March 5th. Weiss Ratings raised shares of Hayward from a “hold (c)” rating to a “buy (b-)” rating in a research note on Thursday, February 26th. Finally, Bank of America raised Hayward from an “underperform” rating to a “buy” rating and set a $19.00 price target on the stock in a research note on Friday, March 6th. One research analyst has rated the stock with a Strong Buy rating, three have assigned a Buy rating and one has assigned a Hold rating to the company. According to MarketBeat, the company currently has an average rating of “Buy” and an average price target of $19.25.

Hayward Price Performance

NYSE:HAYW opened at $13.79 on Friday. The company has a debt-to-equity ratio of 0.59, a quick ratio of 2.29 and a current ratio of 2.94. Hayward Holdings, Inc. has a 52 week low of $11.10 and a 52 week high of $17.73. The firm’s 50-day simple moving average is $15.90 and its 200 day simple moving average is $15.79. The firm has a market cap of $3.00 billion, a price-to-earnings ratio of 20.28, a P/E/G ratio of 1.39 and a beta of 1.13.

Hayward (NYSE:HAYW) last issued its quarterly earnings results on Wednesday, February 25th. The company reported $0.29 earnings per share for the quarter, topping analysts’ consensus estimates of $0.28 by $0.01. The company had revenue of $349.38 million during the quarter, compared to the consensus estimate of $332.84 million. Hayward had a net margin of 13.51% and a return on equity of 11.27%. The firm’s quarterly revenue was up 6.8% on a year-over-year basis. During the same quarter in the prior year, the firm posted $0.27 EPS. Hayward has set its FY 2026 guidance at 0.820-0.860 EPS. As a group, sell-side analysts predict that Hayward Holdings, Inc. will post 0.6 earnings per share for the current year.

About Hayward

Hayward Holdings, Inc is a leading manufacturer and marketer of residential and commercial swimming pool equipment and related outdoor living products. The company designs, engineers and produces a comprehensive range of products that address water circulation, filtration, heating, sanitation, automation, lighting and cleaning needs for pools and spas. Hayward’s offerings include pumps, filters, heaters, salt and chemical sanitization systems, automation controls, lights, robotic cleaners and various accessories that serve both new pool construction and aftermarket renovation markets.

Hayward’s product portfolio is organized into several core categories.