Hayward (NYSE:HAYW) Stock: Insider Susan Canning Sells 3,500 Shares

Hayward Holdings, Inc. (NYSE:HAYW) SVP Susan Canning sold 3,500 shares of the company’s stock in a transaction on Thursday, October 15th. The stock was sold at an average price of $11.70, for a total value of $40,950.00. Following the sale, the senior vice president owned 164,411 shares of the company’s stock, valued at approximately $1,923,608.70. This represents a 2.08% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Hayward Stock Down 0.7%

NYSE HAYW traded down $0.08 during midday trading on Monday, hitting $11.75. 2,553,646 shares of the company traded hands, compared to its average volume of 2,573,754. The company has a debt-to-equity ratio of 0.59, a current ratio of 3.33 and a quick ratio of 2.49. The company has a market cap of $2.49 billion, a PE ratio of 15.88, a price-to-earnings-growth ratio of 1.10 and a beta of 1.18. The company’s 50-day simple moving average is $13.32 and its 200-day simple moving average is $14.30. Hayward Holdings, Inc. has a 52 week low of $11.24 and a 52 week high of $17.73.

Hayward (NYSE:HAYW) last announced its quarterly earnings results on Wednesday, July 29th. The company reported $0.26 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.24 by $0.02. The business had revenue of $318.38 million for the quarter, compared to the consensus estimate of $303.35 million. Hayward had a return on equity of 11.61% and a net margin of 13.83%. The business’s revenue was up 6.3% compared to the same quarter last year. During the same period last year, the business posted $0.24 EPS. Hayward has set its FY 2026 guidance at 0.840-0.870 EPS. As a group, equities research analysts forecast that Hayward Holdings, Inc. will post 0.86 earnings per share for the current year.

Institutional Investors Weigh In On Hayward

Several institutional investors have recently bought and sold shares of the company. Illinois Municipal Retirement Fund grew its holdings in Hayward by 0.8% in the first quarter. Illinois Municipal Retirement Fund now owns 112,055 shares of the company’s stock worth $1,499,000 after purchasing an additional 938 shares during the last quarter. GAMMA Investing LLC increased its position in shares of Hayward by 33.6% during the second quarter. GAMMA Investing LLC now owns 4,760 shares of the company’s stock worth $82,000 after purchasing an additional 1,198 shares in the last quarter. Farther Finance Advisors LLC increased its position in shares of Hayward by 95.3% during the third quarter. Farther Finance Advisors LLC now owns 3,134 shares of the company’s stock worth $38,000 after purchasing an additional 1,529 shares in the last quarter. Steph & Co. lifted its holdings in shares of Hayward by 29.2% during the 3rd quarter. Steph & Co. now owns 8,644 shares of the company’s stock valued at $106,000 after purchasing an additional 1,954 shares during the last quarter. Finally, ZWJ Investment Counsel Inc. lifted its holdings in shares of Hayward by 11.1% during the 3rd quarter. ZWJ Investment Counsel Inc. now owns 19,921 shares of the company’s stock valued at $244,000 after purchasing an additional 1,983 shares during the last quarter.

Analyst Ratings Changes

Several equities analysts have issued reports on HAYW shares. Cantor Fitzgerald reiterated a “neutral” rating on shares of Hayward in a research note on Monday, July 6th. Wolfe Research assumed coverage on shares of Hayward in a report on Tuesday, September 15th. They issued a “peer perform” rating for the company. KeyCorp reissued a “sector weight” rating on shares of Hayward in a research report on Monday, July 20th. Weiss Ratings lowered shares of Hayward from a “hold (c+)” rating to a “hold (c)” rating in a research report on Monday, September 14th. Finally, The Goldman Sachs Group lowered their price target on shares of Hayward from $17.00 to $14.00 and set a “neutral” rating on the stock in a report on Friday, October 9th. Two equities research analysts have rated the stock with a Buy rating and seven have given a Hold rating to the stock. Based on data from MarketBeat.com, Hayward currently has a consensus rating of “Hold” and an average target price of $16.62.

Hayward Company Profile

Hayward Holdings, Inc designs, manufactures and markets equipment and technologies used in residential and commercial swimming pools and spas. Its products are intended to support water circulation, filtration, heating, cleaning, sanitation and overall pool management.

The company’s product portfolio includes pumps, filters, heaters, heat pumps, salt-chlorination systems, automatic cleaners, lighting, valves, controls and connected pool-management technologies. Hayward sells products under the Hayward brand and through related product lines, serving pool builders, distributors, service professionals and homeowners.

Hayward serves customers in North America and international markets.