Hayward Holdings, Inc. $HAYW Position Raised by BBR Partners LLC

BBR Partners LLC increased its position in Hayward Holdings, Inc. (NYSE:HAYW) by 4.2% in the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 4,591,730 shares of the company’s stock after acquiring an additional 183,691 shares during the period. Hayward makes up about 3.9% of BBR Partners LLC’s portfolio, making the stock its 5th biggest holding. BBR Partners LLC’s holdings in Hayward were worth $63,366,000 at the end of the most recent reporting period.

Several other large investors have also added to or reduced their stakes in HAYW. EverSource Wealth Advisors LLC increased its holdings in shares of Hayward by 149.2% in the second quarter. EverSource Wealth Advisors LLC now owns 4,700 shares of the company’s stock valued at $65,000 after purchasing an additional 2,814 shares during the period. Harbor Investment Advisory LLC boosted its position in Hayward by 28.9% in the second quarter. Harbor Investment Advisory LLC now owns 6,571 shares of the company’s stock valued at $91,000 after buying an additional 1,472 shares during the last quarter. Brighton Jones LLC acquired a new position in Hayward in the 2nd quarter worth approximately $146,000. Focus Partners Advisor Solutions LLC purchased a new position in Hayward during the 1st quarter worth approximately $150,000. Finally, EntryPoint Capital LLC acquired a new stake in Hayward during the 1st quarter valued at approximately $153,000.

Hayward Stock Down 0.1%

HAYW stock opened at $16.01 on Friday. Hayward Holdings, Inc. has a one year low of $11.10 and a one year high of $17.73. The company has a debt-to-equity ratio of 0.62, a quick ratio of 2.31 and a current ratio of 3.18. The firm’s fifty day moving average is $15.84 and its 200 day moving average is $15.25. The firm has a market cap of $3.47 billion, a PE ratio of 25.82, a P/E/G ratio of 1.68 and a beta of 1.12.

Hayward (NYSE:HAYW) last posted its earnings results on Wednesday, October 29th. The company reported $0.14 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.12 by $0.02. Hayward had a net margin of 12.54% and a return on equity of 11.24%. The business had revenue of $244.34 million for the quarter, compared to analyst estimates of $231.46 million. During the same period in the prior year, the company posted $0.11 EPS. The company’s revenue for the quarter was up 7.3% on a year-over-year basis. On average, research analysts forecast that Hayward Holdings, Inc. will post 0.6 EPS for the current year.

Analyst Ratings Changes

A number of analysts have recently weighed in on the stock. Stifel Nicolaus increased their price objective on shares of Hayward from $17.50 to $18.00 and gave the stock a “buy” rating in a research note on Friday, September 5th. Zacks Research raised Hayward from a “hold” rating to a “strong-buy” rating in a research report on Wednesday, October 22nd. Finally, Weiss Ratings reiterated a “hold (c)” rating on shares of Hayward in a research note on Monday. One investment analyst has rated the stock with a Strong Buy rating, one has given a Buy rating and four have assigned a Hold rating to the company. According to MarketBeat.com, Hayward has a consensus rating of “Moderate Buy” and a consensus target price of $18.00.

Insider Buying and Selling

In other Hayward news, CFO Eifion Jones sold 25,000 shares of the firm’s stock in a transaction that occurred on Wednesday, October 29th. The stock was sold at an average price of $17.50, for a total value of $437,500.00. Following the sale, the chief financial officer directly owned 287,231 shares of the company’s stock, valued at approximately $5,026,542.50. This trade represents a 8.01% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, CEO Kevin Holleran sold 60,571 shares of the business’s stock in a transaction that occurred on Wednesday, October 1st. The shares were sold at an average price of $15.16, for a total value of $918,256.36. Following the completion of the sale, the chief executive officer owned 623,540 shares of the company’s stock, valued at $9,452,866.40. This trade represents a 8.85% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold 206,713 shares of company stock worth $3,346,725 in the last quarter. 5.06% of the stock is currently owned by company insiders.

Hayward Company Profile

Hayward Holdings, Inc designs, manufactures, and markets a portfolio of pool equipment and associated automation systems in North America, Europe, and internationally. The company offers pool equipment, including pumps, filters, robotics, suction and pressure cleaners, gas heaters and heat pumps, water features and landscape lighting, water sanitizers, salt chlorine generators, safety equipment, and in-floor automated cleaning systems, as well as LED illumination solutions.