UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC cut its position in shares of Hayward Holdings, Inc. (NYSE:HAYW – Free Report) by 8.1% during the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 533,865 shares of the company’s stock after selling 46,943 shares during the quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC owned 0.25% of Hayward worth $9,241,000 at the end of the most recent reporting period.
A number of other hedge funds have also recently added to or reduced their stakes in the business. Hantz Financial Services Inc. raised its holdings in shares of Hayward by 80.2% during the fourth quarter. Hantz Financial Services Inc. now owns 2,058 shares of the company’s stock worth $32,000 after purchasing an additional 916 shares during the period. IFP Advisors Inc boosted its holdings in shares of Hayward by 103.9% in the 4th quarter. IFP Advisors Inc now owns 2,482 shares of the company’s stock valued at $38,000 after buying an additional 1,265 shares during the period. Caitong International Asset Management Co. Ltd acquired a new position in shares of Hayward in the 4th quarter valued at about $39,000. Allworth Financial LP bought a new stake in shares of Hayward during the 2nd quarter valued at about $47,000. Finally, EverSource Wealth Advisors LLC grew its position in shares of Hayward by 149.2% during the 2nd 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.
Insider Activity
In related news, CEO Kevin Holleran sold 120,000 shares of the stock in a transaction that occurred on Wednesday, July 1st. The stock was sold at an average price of $17.28, for a total value of $2,073,600.00. Following the completion of the transaction, the chief executive officer directly 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 filing with the SEC, which is available through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold 270,000 shares of company stock worth $4,385,100 in the last three months. Insiders own 4.73% of the company’s stock.
Wall Street Analyst Weigh In
Read Our Latest Stock Analysis on Hayward
Hayward Trading Up 0.1%
Shares of NYSE:HAYW opened at $13.93 on Monday. The company has a market cap of $2.95 billion, a PE ratio of 18.82, a P/E/G ratio of 1.28 and a beta of 1.10. The company’s 50-day moving average price is $15.19 and its 200 day moving average price is $14.80. 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 quick ratio of 2.49, a current ratio of 3.33 and a debt-to-equity ratio of 0.59.
Hayward (NYSE:HAYW – Get Free Report) last posted its earnings results on Wednesday, July 29th. The company reported $0.26 EPS for the quarter, topping the consensus estimate of $0.24 by $0.02. Hayward had a net margin of 13.83% and a return on equity of 11.61%. The firm had revenue of $318.38 million during the quarter, compared to analysts’ expectations of $303.35 million. During the same quarter in the prior year, the firm earned $0.24 EPS. Hayward’s quarterly revenue was up 6.3% on a year-over-year basis. Hayward has set its FY 2026 guidance at 0.840-0.870 EPS. Sell-side analysts anticipate that Hayward Holdings, Inc. will post 0.87 earnings per share for the current year.
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.
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