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

Hayward Holdings, Inc. (NYSE:HAYW) CEO Kevin Holleran sold 50,000 shares of Hayward stock in a transaction dated Tuesday, June 30th. The stock was sold at an average price of $17.07, for a total value of $853,500.00. Following the completion of the transaction, the chief executive officer owned 701,234 shares in the company, valued at approximately $11,970,064.38. This represents a 6.66% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at this link. 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 stock was sold at an average price of $13.79, for a total value of $722,444.31.

Hayward Price Performance

HAYW opened at $16.99 on Thursday. 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 stock’s 50 day simple moving average is $14.71 and its 200 day simple moving average is $15.18. The firm has a market cap of $3.69 billion, a price-to-earnings ratio of 23.27, a PEG ratio of 1.82 and a beta of 1.07. Hayward Holdings, Inc. has a 1 year low of $12.93 and a 1 year high of $17.73.

Hayward (NYSE:HAYW) last announced its quarterly earnings data on Wednesday, April 29th. The company reported $0.13 earnings per share 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 return on equity of 11.45% and a net margin of 13.98%.The business’s revenue was up 11.5% on a year-over-year basis. During the same quarter in the previous year, the company posted $0.10 earnings per share. Hayward has set its FY 2026 guidance at 0.840-0.870 EPS. As a group, analysts predict that Hayward Holdings, Inc. will post 0.86 earnings per share for the current year.

Hedge Funds Weigh In On Hayward

Hedge funds have recently made changes to their positions in the business. CIBC Bancorp USA Inc. purchased a new stake in Hayward in the third quarter worth $37,846,000. Vanguard Group Inc. increased its position in Hayward by 0.5% during the 4th quarter. Vanguard Group Inc. now owns 20,933,077 shares of the company’s stock valued at $323,416,000 after purchasing an additional 105,472 shares during the period. Jackson Creek Investment Advisors LLC purchased a new position in Hayward during the 4th quarter valued at $1,744,000. American Century Companies Inc. raised its holdings in Hayward by 3.3% in the 3rd quarter. American Century Companies Inc. now owns 6,650,091 shares of the company’s stock worth $100,549,000 after purchasing an additional 211,075 shares in the last quarter. Finally, Fiduciary Management Inc. WI raised its holdings in Hayward by 13.2% in the 4th quarter. Fiduciary Management Inc. WI now owns 9,089,866 shares of the company’s stock worth $140,438,000 after purchasing an additional 1,063,380 shares in the last quarter.

Analyst Ratings Changes

A number of equities research analysts recently commented on the stock. Bank of America lowered their price target on shares of Hayward from $19.00 to $18.00 and set a “buy” rating for the company in a report on Monday, April 20th. Jefferies Financial Group restated a “hold” rating and issued a $15.00 price objective (down from $16.00) on shares of Hayward in a research report on Tuesday, March 31st. Zacks Research downgraded shares of Hayward from a “strong-buy” rating to a “hold” rating in a research note on Monday, April 27th. Finally, Weiss Ratings upgraded shares of Hayward from a “hold (c)” rating to a “hold (c+)” rating in a report on Tuesday. Two equities research analysts have rated the stock with a Buy rating and three have given a Hold rating to the company’s stock. According to MarketBeat.com, the stock currently has an average rating of “Hold” and a consensus 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.