Insider Selling: Hayward (NYSE:HAYW) CEO Sells $2,073,600.00 in Stock

Hayward Holdings, Inc. (NYSE:HAYW) CEO Kevin Holleran sold 120,000 shares of the firm’s stock in a transaction that occurred on Wednesday, July 1st. The stock was sold at an average price of $17.28, for a total transaction of $2,073,600.00. Following the sale, the chief executive officer owned 701,234 shares of the company’s stock, valued at $12,117,323.52. This represents a 14.61% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

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

• On Tuesday, June 30th, Kevin Holleran sold 50,000 shares of Hayward stock. The shares were sold at an average price of $17.07, for a total value of $853,500.00.
• On Monday, June 1st, Kevin Holleran sold 52,389 shares of Hayward stock. The shares were sold at an average price of $13.79, for a total value of $722,444.31.

Hayward Trading Down 0.0%

Shares of Hayward stock opened at $16.97 on Friday. The firm has a market capitalization of $3.68 billion, a price-to-earnings ratio of 23.24, a PEG ratio of 1.78 and a beta of 1.07. Hayward Holdings, Inc. has a fifty-two week low of $12.93 and a fifty-two week high of $17.73. The company has a debt-to-equity ratio of 0.58, a quick ratio of 2.47 and a current ratio of 3.26. The stock has a 50 day moving average of $14.77 and a 200 day moving average of $15.20.

Hayward (NYSE:HAYW) last posted its earnings results on Wednesday, April 29th. The company reported $0.13 EPS for the quarter, beating 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 company 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 business earned $0.10 earnings per share. The company’s revenue for the quarter was up 11.5% on a year-over-year basis. Hayward has set its FY 2026 guidance at 0.840-0.870 EPS. As a group, research analysts predict that Hayward Holdings, Inc. will post 0.86 earnings per share for the current year.

Institutional Inflows and Outflows

Large investors have recently added to or reduced their stakes in the company. Oregon Public Employees Retirement Fund grew its stake in shares of Hayward by 1.8% in the fourth quarter. Oregon Public Employees Retirement Fund now owns 45,672 shares of the company’s stock valued at $706,000 after buying an additional 800 shares in the last quarter. Hantz Financial Services Inc. raised its holdings in shares of Hayward by 80.2% in the 4th quarter. Hantz Financial Services Inc. now owns 2,058 shares of the company’s stock valued at $32,000 after buying an additional 916 shares during the period. Illinois Municipal Retirement Fund lifted its stake in Hayward by 0.8% during the 1st quarter. Illinois Municipal Retirement Fund now owns 112,055 shares of the company’s stock worth $1,499,000 after acquiring an additional 938 shares in the last quarter. GAMMA Investing LLC lifted its stake in Hayward by 82.4% during the 4th quarter. GAMMA Investing LLC now owns 2,183 shares of the company’s stock worth $34,000 after acquiring an additional 986 shares in the last quarter. Finally, Integrated Wealth Concepts LLC lifted its stake in Hayward by 8.0% during the 4th quarter. Integrated Wealth Concepts LLC now owns 13,903 shares of the company’s stock worth $215,000 after acquiring an additional 1,035 shares in the last quarter.

Analysts Set New Price Targets

Several analysts recently issued reports on the stock. Bank of America reduced their price objective on shares of Hayward from $19.00 to $18.00 and set a “buy” rating on the stock in a report on Monday, April 20th. Zacks Research lowered shares of Hayward from a “strong-buy” rating to a “hold” rating in a research note on Monday, April 27th. Jefferies Financial Group reaffirmed a “hold” rating and set a $15.00 target price (down from $16.00) on shares of Hayward in a research note on Tuesday, March 31st. Finally, Weiss Ratings upgraded shares of Hayward from a “hold (c)” rating to a “hold (c+)” rating in a research report on Tuesday. Two equities research analysts have rated the stock with a Buy rating and three have issued a Hold rating to the company. According to data from MarketBeat.com, the company 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.