Cramer Rosenthal Mcglynn LLC Buys 195,802 Shares of Hayward Holdings, Inc. $HAYW

Cramer Rosenthal Mcglynn LLC raised its stake in Hayward Holdings, Inc. (NYSE:HAYW) by 12.8% in the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 1,726,476 shares of the company’s stock after purchasing an additional 195,802 shares during the period. Hayward accounts for 1.6% of Cramer Rosenthal Mcglynn LLC’s holdings, making the stock its 22nd biggest holding. Cramer Rosenthal Mcglynn LLC’s holdings in Hayward were worth $26,104,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors have also recently made changes to their positions in the company. Covestor Ltd boosted its position in shares of Hayward by 10,452.9% during the 3rd quarter. Covestor Ltd now owns 1,794 shares of the company’s stock worth $27,000 after purchasing an additional 1,777 shares in the last quarter. Steph & Co. acquired a new position in Hayward during the 3rd quarter worth approximately $41,000. EverSource Wealth Advisors LLC raised its stake in Hayward by 149.2% during the 2nd quarter. EverSource Wealth Advisors LLC now owns 4,700 shares of the company’s stock worth $65,000 after buying an additional 2,814 shares during the period. Harbor Investment Advisory LLC boosted its holdings in Hayward by 19.3% in the third quarter. Harbor Investment Advisory LLC now owns 7,842 shares of the company’s stock worth $119,000 after acquiring an additional 1,271 shares in the last quarter. Finally, Orion Porfolio Solutions LLC acquired a new stake in Hayward in the second quarter valued at approximately $151,000.

Insider Buying and Selling at Hayward

In other Hayward news, CEO Kevin Holleran sold 52,390 shares of the stock in a transaction dated Monday, January 5th. The shares were sold at an average price of $15.99, for a total transaction of $837,716.10. Following the completion of the transaction, the chief executive officer owned 623,540 shares in the company, valued at $9,970,404.60. This trade represents a 7.75% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. In the last ninety days, insiders sold 157,168 shares of company stock worth $2,502,639. 5.06% of the stock is currently owned by corporate insiders.

Hayward Stock Down 1.0%

HAYW opened at $15.35 on Friday. Hayward Holdings, Inc. has a fifty-two week low of $11.10 and a fifty-two week high of $17.73. The firm has a market capitalization of $3.33 billion, a P/E ratio of 22.57, a PEG ratio of 2.04 and a beta of 1.13. The company’s 50-day moving average is $16.18 and its 200 day moving average is $15.91. The company has a debt-to-equity ratio of 0.59, a current ratio of 2.94 and a quick ratio of 2.29.

Hayward (NYSE:HAYW) last posted its quarterly earnings data on Wednesday, February 25th. The company reported $0.29 EPS for the quarter, beating the consensus estimate of $0.28 by $0.01. Hayward had a net margin of 13.51% and a return on equity of 11.27%. The firm had revenue of $349.38 million during the quarter, compared to analyst estimates of $332.84 million. During the same quarter last year, the business posted $0.27 EPS. The company’s revenue for the quarter was up 6.8% on a year-over-year basis. Hayward has set its FY 2026 guidance at 0.820-0.860 EPS. Research analysts expect that Hayward Holdings, Inc. will post 0.6 earnings per share for the current fiscal year.

Analysts Set New Price Targets

A number of equities analysts have recently weighed in on the company. Zacks Research lowered Hayward from a “strong-buy” rating to a “hold” rating in a research report on Monday, December 29th. Stifel Nicolaus reaffirmed a “buy” rating and issued a $19.50 price objective (up from $19.00) on shares of Hayward in a research note on Thursday, February 26th. Finally, Weiss Ratings upgraded shares of Hayward from a “hold (c)” rating to a “buy (b-)” rating in a report on Thursday, February 26th. Two investment analysts have rated the stock with a Buy rating and two have given a Hold rating to the company’s stock. According to data from MarketBeat.com, Hayward has an average rating of “Moderate Buy” and an average price target of $19.50.

About Hayward

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.