Los Angeles Capital Management LLC Cuts Stake in Hayward Holdings, Inc. $HAYW

Los Angeles Capital Management LLC cut its holdings in shares of Hayward Holdings, Inc. (NYSE:HAYW) by 50.4% during the fourth quarter, Holdings Channel.com reports. The institutional investor owned 114,329 shares of the company’s stock after selling 116,243 shares during the period. Los Angeles Capital Management LLC’s holdings in Hayward were worth $1,766,000 as of its most recent SEC filing.

Other hedge funds also recently added to or reduced their stakes in the company. Hantz Financial Services Inc. lifted its holdings 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 in the last quarter. GAMMA Investing LLC lifted its holdings in Hayward by 82.4% during the 4th quarter. GAMMA Investing LLC now owns 2,183 shares of the company’s stock worth $34,000 after buying an additional 986 shares in the last quarter. IFP Advisors Inc lifted its holdings in Hayward by 103.9% during the 4th quarter. IFP Advisors Inc now owns 2,482 shares of the company’s stock worth $38,000 after buying an additional 1,265 shares in the last quarter. Farther Finance Advisors LLC lifted its holdings in Hayward by 669.4% during the 4th quarter. Farther Finance Advisors LLC now owns 3,716 shares of the company’s stock worth $57,000 after buying an additional 3,233 shares in the last quarter. Finally, Allworth Financial LP lifted its holdings in Hayward by 209.0% during the 4th quarter. Allworth Financial LP now owns 4,474 shares of the company’s stock worth $69,000 after buying an additional 3,026 shares in the last quarter.

Hayward Stock Performance

NYSE:HAYW opened at $14.15 on Thursday. Hayward Holdings, Inc. has a 12 month low of $12.93 and a 12 month high of $17.73. The company has a debt-to-equity ratio of 0.58, a current ratio of 3.26 and a quick ratio of 2.47. The firm has a market capitalization of $3.07 billion, a PE ratio of 19.38, a price-to-earnings-growth ratio of 1.54 and a beta of 1.12. The business’s fifty day moving average price is $14.32 and its 200 day moving average price is $15.25.

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, topping analysts’ consensus estimates of $0.11 by $0.02. The company had revenue of $255.22 million during the quarter, compared to the consensus estimate of $239.13 million. Hayward had a return on equity of 11.45% and a net margin of 13.98%.Hayward’s revenue for the quarter was up 11.5% on a year-over-year basis. During the same period in the previous year, the business earned $0.10 EPS. Hayward has set its FY 2026 guidance at 0.840-0.870 EPS. On average, sell-side analysts anticipate that Hayward Holdings, Inc. will post 0.86 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

A number of equities research analysts have issued reports on the stock. Weiss Ratings lowered shares of Hayward from a “hold (c+)” rating to a “hold (c)” rating in a report on Monday. Zacks Research lowered shares of Hayward from a “strong-buy” rating to a “hold” rating in a report on Monday, April 27th. Stifel Nicolaus reiterated a “buy” rating and set a $19.50 target price (up from $19.00) on shares of Hayward in a report on Thursday, February 26th. Bank of America reduced their target price on shares of Hayward from $19.00 to $18.00 and set a “buy” rating on the stock in a report on Monday, April 20th. Finally, Jefferies Financial Group reiterated a “hold” rating and set a $15.00 target price (down from $16.00) on shares of Hayward in a report on Tuesday, March 31st. Two equities research analysts have rated the stock with a Buy rating and three have given a Hold rating to the stock. According to MarketBeat, the company presently has an average rating of “Hold” and an average price target of $17.50.

Insider Activity

In other Hayward news, CEO Kevin Holleran sold 52,389 shares of the stock in a transaction that occurred on Monday, June 1st. The shares were sold at an average price of $13.79, for a total value of $722,444.31. Following the transaction, the chief executive officer directly owned 701,234 shares in the company, valued at $9,670,016.86. This represents a 6.95% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, SVP Susan M. Canning acquired 2,242 shares of the business’s stock in a transaction on Thursday, April 30th. The shares were bought at an average cost of $12.76 per share, for a total transaction of $28,607.92. Following the acquisition, the senior vice president owned 103,837 shares of the company’s stock, valued at $1,324,960.12. This represents a 2.21% increase in their position. The disclosure for this purchase is available in the SEC filing. 4.73% of the stock is currently owned by company insiders.

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.