CI Investments Inc. Trims Stake in Hayward Holdings, Inc. $HAYW

CI Investments Inc. reduced its position in Hayward Holdings, Inc. (NYSE:HAYW) by 7.3% in the 1st quarter, according to its most recent filing with the SEC. The fund owned 503,577 shares of the company’s stock after selling 39,800 shares during the period. CI Investments Inc. owned 0.23% of Hayward worth $6,738,000 at the end of the most recent quarter.

Other large investors have also recently made changes to their positions in the company. Northwestern Mutual Wealth Management Co. increased its position in Hayward by 327,101.9% during the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 2,565,263 shares of the company’s stock worth $39,633,000 after buying an additional 2,564,479 shares during the period. Focus Partners Wealth boosted its holdings in shares of Hayward by 17,180.8% in the fourth quarter. Focus Partners Wealth now owns 2,576,737 shares of the company’s stock valued at $39,811,000 after acquiring an additional 2,561,826 shares during the period. AQR Capital Management LLC boosted its holdings in shares of Hayward by 66.8% in the fourth quarter. AQR Capital Management LLC now owns 4,191,014 shares of the company’s stock valued at $64,751,000 after acquiring an additional 1,678,955 shares during the period. Fiduciary Management Inc. WI increased its holdings in shares of Hayward by 13.2% in the 4th quarter. Fiduciary Management Inc. WI now owns 9,089,866 shares of the company’s stock valued at $140,438,000 after acquiring an additional 1,063,380 shares during the period. Finally, Dimensional Fund Advisors LP increased its holdings in shares of Hayward by 11.4% in the 1st quarter. Dimensional Fund Advisors LP now owns 7,453,736 shares of the company’s stock valued at $99,726,000 after acquiring an additional 761,145 shares during the period.

Insider Transactions at Hayward

In other Hayward news, SVP Susan M. Canning acquired 2,242 shares of the stock in a transaction on Thursday, April 30th. The shares were bought at an average price of $12.76 per share, with a total value of $28,607.92. Following the acquisition, the senior vice president owned 103,837 shares of the company’s stock, valued at $1,324,960.12. This trade represents a 2.21% increase in their ownership of the stock. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link. Also, CEO Kevin Holleran sold 120,000 shares of the company’s stock in a transaction that occurred on Wednesday, July 1st. The shares were sold at an average price of $17.28, for a total transaction of $2,073,600.00. Following the transaction, the chief executive officer directly owned 701,234 shares in the company, valued at $12,117,323.52. The trade was a 14.61% decrease in their position. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last 90 days, insiders sold 222,389 shares of company stock valued at $3,649,544. 4.73% of the stock is owned by insiders.

Hayward Stock Performance

Shares of HAYW opened at $14.43 on Friday. The stock has a market capitalization of $3.13 billion, a P/E ratio of 19.77, a P/E/G ratio of 1.50 and a beta of 1.07. The company has a debt-to-equity ratio of 0.58, a quick ratio of 2.47 and a current ratio of 3.26. Hayward Holdings, Inc. has a 1 year low of $12.93 and a 1 year high of $17.73. The company’s fifty day moving average is $14.90 and its two-hundred day moving average is $15.14.

Hayward (NYSE:HAYW) last released its earnings results on Wednesday, April 29th. The company reported $0.13 EPS for the quarter, topping the consensus estimate of $0.11 by $0.02. The company had revenue of $255.22 million during the quarter, compared to analysts’ expectations of $239.13 million. Hayward had a net margin of 13.98% and a return on equity of 11.45%. The business’s revenue was up 11.5% on a year-over-year basis. During the same quarter last year, the business earned $0.10 EPS. Hayward has set its FY 2026 guidance at 0.840-0.870 EPS. On average, sell-side analysts predict that Hayward Holdings, Inc. will post 0.85 earnings per share for the current year.

Analysts Set New Price Targets

A number of analysts recently weighed in on HAYW shares. Zacks Research cut shares of Hayward from a “strong-buy” rating to a “hold” rating in a research note on Monday, April 27th. Bank of America dropped their price objective on shares of Hayward from $19.00 to $18.00 and set a “buy” rating on the stock in a research note on Monday, April 20th. Cantor Fitzgerald reaffirmed a “neutral” rating on shares of Hayward in a report on Monday, July 6th. KeyCorp reiterated a “sector weight” rating on shares of Hayward in a research note on Monday. Finally, Weiss Ratings lowered Hayward from a “hold (c+)” rating to a “hold (c)” rating in a report on Wednesday, July 15th. Two analysts have rated the stock with a Buy rating and five have given a Hold rating to the stock. According to data from MarketBeat, the stock presently has an average rating of “Hold” and an average price target of $17.50.

Hayward Profile

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.