Hayward (NYSE:HAYW) CEO Sells $722,444.31 in Stock

Hayward Holdings, Inc. (NYSE:HAYW) CEO Kevin Holleran sold 52,389 shares of Hayward stock in a transaction that occurred on Monday, June 1st. The shares were sold at an average price of $13.79, for a total value of $722,444.31. Following the sale, the chief executive officer directly owned 701,234 shares in the company, valued at $9,670,016.86. This trade represents a 6.95% decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Kevin Holleran also recently made the following trade(s):

• On Wednesday, April 1st, Kevin Holleran sold 52,389 shares of Hayward stock. The shares were sold at an average price of $13.42, for a total value of $703,060.38.

Hayward Price Performance

HAYW traded down $0.01 on Tuesday, hitting $14.00. 2,031,559 shares of the company’s stock traded hands, compared to its average volume of 2,765,264. The company’s 50 day simple moving average is $14.24 and its 200-day simple moving average is $15.31. The firm has a market cap of $3.04 billion, a price-to-earnings ratio of 19.28, a P/E/G ratio of 1.48 and a beta of 1.12. Hayward Holdings, Inc. has a one year low of $12.93 and a one year high of $17.73. The company has a current ratio of 3.26, a quick ratio of 2.47 and a debt-to-equity ratio of 0.58.

Hayward (NYSE:HAYW) last released its quarterly earnings data on Wednesday, April 29th. The company reported $0.13 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.11 by $0.02. Hayward had a return on equity of 11.45% and a net margin of 13.98%.The business had revenue of $255.22 million for the quarter, compared to the consensus estimate of $239.13 million. During the same quarter in the previous year, the company posted $0.10 EPS. The company’s revenue was up 11.5% compared to the same quarter last year. Hayward has set its FY 2026 guidance at 0.840-0.870 EPS. As a group, research analysts anticipate that Hayward Holdings, Inc. will post 0.86 EPS for the current year.

Hedge Funds Weigh In On Hayward

Several large investors have recently modified their holdings of HAYW. JPMorgan Chase & Co. increased its position in shares of Hayward by 29.0% during the 3rd quarter. JPMorgan Chase & Co. now owns 11,683,580 shares of the company’s stock valued at $176,656,000 after purchasing an additional 2,627,348 shares during the last quarter. Northwestern Mutual Wealth Management Co. boosted its holdings in Hayward by 327,101.9% during the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 2,565,263 shares of the company’s stock valued at $39,633,000 after acquiring an additional 2,564,479 shares during the period. Focus Partners Wealth boosted its holdings in Hayward by 17,180.8% during the 4th 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. CIBC Bancorp USA Inc. purchased a new position in Hayward during the 3rd quarter valued at $37,846,000. Finally, William Blair Investment Management LLC purchased a new position in Hayward during the 3rd quarter valued at $30,402,000.

Analyst Ratings Changes

A number of research firms have issued reports on HAYW. Stifel Nicolaus reaffirmed a “buy” rating and issued a $19.50 price objective (up from $19.00) on shares of Hayward in a research note on Thursday, February 26th. Weiss Ratings downgraded Hayward from a “buy (b-)” rating to a “hold (c+)” rating in a research note on Wednesday, April 8th. Bank of America reduced their price objective on Hayward from $19.00 to $18.00 and set a “buy” rating on the stock in a research note on Monday, April 20th. Zacks Research downgraded Hayward from a “strong-buy” rating to a “hold” rating in a research note on Monday, April 27th. Finally, Jefferies Financial Group reaffirmed a “hold” rating and issued a $15.00 price objective (down from $16.00) on shares of Hayward in a research note on Tuesday, March 31st. Two investment analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the company’s stock. Based on data from MarketBeat, Hayward currently has an average rating of “Hold” and an average target price of $17.50.

Hayward Company 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.