Kevin Holleran Sells 50,000 Shares of Hayward (NYSE:HAYW) Stock

Hayward Holdings, Inc. (NYSE:HAYW) CEO Kevin Holleran sold 50,000 shares of the stock in a transaction on Tuesday, June 30th. The stock was sold at an average price of $17.07, for a total value of $853,500.00. Following the transaction, the chief executive officer owned 701,234 shares of the company’s stock, valued at $11,970,064.38. This represents a 6.66% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

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

• On Wednesday, July 1st, Kevin Holleran sold 120,000 shares of Hayward stock. The shares were sold at an average price of $17.28, for a total value of $2,073,600.00.
• 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 transaction of $722,444.31.

Hayward Stock Down 0.0%

HAYW opened at $16.97 on Friday. The firm’s 50-day simple moving average is $14.74 and its 200-day simple moving average is $15.19. The company has a debt-to-equity ratio of 0.58, a quick ratio of 2.47 and a current ratio of 3.26. Hayward Holdings, Inc. has a twelve month low of $12.93 and a twelve month high of $17.73. The firm has a market cap 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 (NYSE:HAYW) last announced its quarterly earnings results on Wednesday, April 29th. The company reported $0.13 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.11 by $0.02. The firm had revenue of $255.22 million during the quarter, compared to the consensus estimate of $239.13 million. Hayward had a net margin of 13.98% and a return on equity of 11.45%. The firm’s quarterly revenue was up 11.5% on a year-over-year basis. During the same period last year, the firm posted $0.10 EPS. Hayward has set its FY 2026 guidance at 0.840-0.870 EPS. Equities research analysts anticipate that Hayward Holdings, Inc. will post 0.86 EPS for the current fiscal year.

Institutional Investors Weigh In On Hayward

Hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Hantz Financial Services Inc. lifted its position 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 in the last quarter. GAMMA Investing LLC increased its holdings in shares of Hayward by 82.4% in the fourth quarter. GAMMA Investing LLC now owns 2,183 shares of the company’s stock valued at $34,000 after purchasing an additional 986 shares in the last quarter. IFP Advisors Inc increased its holdings in shares of Hayward by 103.9% in the fourth quarter. IFP Advisors Inc now owns 2,482 shares of the company’s stock valued at $38,000 after purchasing an additional 1,265 shares in the last quarter. Caitong International Asset Management Co. Ltd acquired a new stake in shares of Hayward in the fourth quarter valued at approximately $39,000. Finally, Farther Finance Advisors LLC raised 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 worth $57,000 after purchasing an additional 3,233 shares during the last quarter.

Analysts Set New Price Targets

A number of research analysts have recently issued reports on HAYW shares. Zacks Research cut shares of Hayward from a “strong-buy” rating to a “hold” rating in a research note on Monday, April 27th. Bank of America dropped their price target on Hayward from $19.00 to $18.00 and set a “buy” rating for the company in a report on Monday, April 20th. Weiss Ratings upgraded Hayward from a “hold (c)” rating to a “hold (c+)” rating in a research report on Tuesday. Finally, Jefferies Financial Group reissued 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. According to data from MarketBeat.com, Hayward currently 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.