Stifel Nicolaus Boosts Latham Group (NASDAQ:SWIM) Price Target to $9.50

Latham Group (NASDAQ:SWIM) had its price objective boosted by equities researchers at Stifel Nicolaus from $8.75 to $9.50 in a report released on Wednesday,Benzinga reports. The firm presently has a “buy” rating on the stock. Stifel Nicolaus’ price target would suggest a potential upside of 47.52% from the company’s current price.

A number of other brokerages also recently issued reports on SWIM. Weiss Ratings restated a “sell (d)” rating on shares of Latham Group in a report on Monday, December 29th. Barclays dropped their price target on Latham Group from $8.00 to $7.00 and set an “equal weight” rating for the company in a research note on Thursday, January 15th. One equities research analyst has rated the stock with a Buy rating, one has given a Hold rating and two have assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, Latham Group currently has a consensus rating of “Reduce” and a consensus price target of $7.38.

Latham Group Stock Performance

Shares of SWIM stock opened at $6.44 on Wednesday. The company has a market capitalization of $751.29 million, a P/E ratio of -64.39 and a beta of 1.70. Latham Group has a fifty-two week low of $4.56 and a fifty-two week high of $8.46. The company has a debt-to-equity ratio of 0.68, a quick ratio of 1.72 and a current ratio of 2.43. The stock has a 50 day moving average price of $6.54 and a two-hundred day moving average price of $7.05.

Latham Group (NASDAQ:SWIM) last issued its earnings results on Tuesday, March 3rd. The company reported ($0.06) EPS for the quarter, topping the consensus estimate of ($0.09) by $0.03. The company had revenue of $99.95 million for the quarter, compared to the consensus estimate of $95.86 million. Latham Group had a negative net margin of 2.07% and a negative return on equity of 2.80%. Analysts expect that Latham Group will post -0.04 earnings per share for the current year.

Hedge Funds Weigh In On Latham Group

Hedge funds and other institutional investors have recently bought and sold shares of the stock. Wellington Management Group LLP lifted its position in Latham Group by 216.4% during the fourth quarter. Wellington Management Group LLP now owns 6,749,349 shares of the company’s stock valued at $42,858,000 after purchasing an additional 4,616,367 shares during the period. Citadel Advisors LLC lifted its holdings in shares of Latham Group by 206.5% during the 3rd quarter. Citadel Advisors LLC now owns 4,620,114 shares of the company’s stock valued at $35,159,000 after buying an additional 3,112,708 shares during the period. CAS Investment Partners LLC purchased a new position in shares of Latham Group in the 3rd quarter worth $7,610,000. UBS Group AG lifted its holdings in Latham Group by 1,709.2% in the fourth quarter. UBS Group AG now owns 955,867 shares of the company’s stock valued at $6,070,000 after acquiring an additional 903,032 shares during the period. Finally, Vanguard Group Inc. grew its position in Latham Group by 36.7% during the third quarter. Vanguard Group Inc. now owns 3,257,228 shares of the company’s stock valued at $24,788,000 after buying an additional 873,903 shares during the period. Institutional investors own 83.95% of the company’s stock.

More Latham Group News

Here are the key news stories impacting Latham Group this week:

• Positive Sentiment: Latham beat consensus on revenue and EPS for Q4 (revenue $99.95M vs. est. $95.9M; EPS loss smaller than expected), with sizeable adjusted EBITDA expansion and management citing cost discipline and growth investments. Press Release
• Positive Sentiment: The company provided FY-2026 revenue guidance of $580.0M–$610.0M, above the prior consensus of ~$569.8M and implying mid-single-digit top-line growth and improved adjusted EBITDA; this guidance likely drove positive investor sentiment. Guidance Release
• Positive Sentiment: Latham closed its acquisition of Freedom Pools (Australia/New Zealand), which management says is immediately accretive and materially expands its regional market position — a growth/scale positive for international revenue and margins. Acquisition Announcement
• Neutral Sentiment: Market coverage and call materials (earnings transcript and slide deck) are available for investors who want the details behind the results and guidance. Earnings Transcript
• Positive Sentiment: Media coverage shows immediate market reaction: outlets report the stock jumped ~15% after the results and guidance, reflecting investor enthusiasm. Yahoo Coverage
• Negative Sentiment: Despite operational improvements, GAAP results still showed a Q4 net loss (and the company reports a negative net margin and negative ROE), which are reminders of remaining profitability risks. Zacks Summary
• Negative Sentiment: Some institutional investors trimmed exposure (Optimist Fund reduced its SWIM position from ~6% to ~3%), which could be a signal of profit-taking or portfolio rebalancing that adds selling pressure. Fund Move

Latham Group Company Profile

Latham Group, Inc designs, manufactures and supplies a broad range of aquatic products and services for residential and commercial applications. Offerings include fiberglass and vinyl-liner pool shells, commercial water park structures, water slides, surf simulators, pumps, filters, heaters and sanitation systems. The company also provides parts, equipment and technical support for pool installation, maintenance and repair.

Operating across three core segments—commercial, residential and aftermarket—Latham delivers turnkey aquatic facilities and attractions for municipal, hospitality and resort clients, offers packaged pool kits and equipment packages to builders and dealers, and supplies replacement parts, service contracts and technical assistance to support ongoing pool operations.

Headquartered in the United States, Latham Group maintains manufacturing and distribution centers throughout North America and Europe.