First Trust Advisors LP Has $4.06 Million Position in Hayward Holdings, Inc. $HAYW

First Trust Advisors LP lessened its holdings in Hayward Holdings, Inc. (NYSE:HAYW) by 16.2% in the first quarter, Holdings Channel reports. The institutional investor owned 303,180 shares of the company’s stock after selling 58,481 shares during the period. First Trust Advisors LP’s holdings in Hayward were worth $4,056,000 at the end of the most recent quarter.

Several other hedge funds have also added to or reduced their stakes in the business. Hantz Financial Services Inc. boosted its position in Hayward by 80.2% during the 4th quarter. Hantz Financial Services Inc. now owns 2,058 shares of the company’s stock worth $32,000 after buying an additional 916 shares during the period. IFP Advisors Inc increased its position in 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 acquiring an additional 1,265 shares during the period. Caitong International Asset Management Co. Ltd acquired a new position in Hayward in the 4th quarter valued at approximately $39,000. Farther Finance Advisors LLC increased its position in Hayward by 669.4% in the 4th quarter. Farther Finance Advisors LLC now owns 3,716 shares of the company’s stock valued at $57,000 after acquiring an additional 3,233 shares during the period. Finally, EverSource Wealth Advisors LLC raised its stake in shares of Hayward by 149.2% during the second quarter. EverSource Wealth Advisors LLC now owns 4,700 shares of the company’s stock valued at $65,000 after acquiring an additional 2,814 shares during the last quarter.

Insiders Place Their Bets

In other news, CEO Kevin Holleran sold 50,000 shares of Hayward stock in a transaction dated Monday, August 3rd. The stock was sold at an average price of $15.31, for a total value of $765,500.00. Following the completion of the transaction, the chief executive officer directly owned 701,234 shares of the company’s stock, valued at approximately $10,735,892.54. This trade represents a 6.66% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last three months, insiders sold 272,389 shares of company stock worth $4,415,044. Company insiders own 4.73% of the company’s stock.

Hayward Trading Up 0.6%

HAYW opened at $16.19 on Thursday. Hayward Holdings, Inc. has a twelve month low of $12.93 and a twelve month 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. The company has a fifty day moving average of $15.18 and a 200-day moving average of $15.08. The stock has a market cap of $3.43 billion, a PE ratio of 21.88, a price-to-earnings-growth ratio of 1.48 and a beta of 1.09.

Hayward (NYSE:HAYW) last announced its earnings results on Wednesday, July 29th. The company reported $0.26 earnings per share for the quarter, topping analysts’ consensus estimates of $0.24 by $0.02. The business had revenue of $318.38 million during the quarter, compared to the consensus estimate of $303.35 million. Hayward had a net margin of 13.83% and a return on equity of 11.61%. Hayward’s quarterly revenue was up 6.3% on a year-over-year basis. During the same quarter last year, the firm earned $0.24 earnings per share. Hayward has set its FY 2026 guidance at 0.840-0.870 EPS. On average, sell-side analysts predict that Hayward Holdings, Inc. will post 0.87 EPS for the current year.

Wall Street Analyst Weigh In

A number of equities analysts have recently commented on the stock. KeyCorp reiterated a “sector weight” rating on shares of Hayward in a report on Monday, July 20th. The Goldman Sachs Group restated a “neutral” rating on shares of Hayward in a report on Wednesday, July 29th. Zacks Research lowered Hayward from a “strong-buy” rating to a “hold” rating in a research report on Monday, April 27th. Bank of America cut their target price on Hayward from $19.00 to $18.00 and set a “buy” rating on the stock in a report on Monday, April 20th. Finally, Weiss Ratings raised Hayward from a “hold (c)” rating to a “hold (c+)” rating in a report on Thursday, July 30th. Two equities research analysts have rated the stock with a Buy rating and six have given a Hold rating to the company. Based on data from MarketBeat.com, the company presently has a consensus 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.