Hayward (NYSE:HAYW) CEO Sells $692,500.00 in Stock

Hayward Holdings, Inc. (NYSE:HAYW) CEO Kevin Holleran sold 50,000 shares of the stock in a transaction on Tuesday, September 1st. The shares were sold at an average price of $13.85, for a total transaction of $692,500.00. Following the completion of the transaction, the chief executive officer directly owned 701,234 shares in the company, valued at $9,712,090.90. This trade represents a 6.66% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

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

• On Monday, August 3rd, Kevin Holleran sold 50,000 shares of Hayward stock. The shares were sold at an average price of $15.31, for a total transaction of $765,500.00.
• 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 transaction of $2,073,600.00.
• On Tuesday, June 30th, Kevin Holleran sold 50,000 shares of Hayward stock. The stock was sold at an average price of $17.07, for a total value of $853,500.00.

Hayward Stock Up 1.7%

HAYW opened at $13.93 on Friday. The business’s 50-day simple moving average is $15.19 and its 200-day simple moving average is $14.81. The company has a debt-to-equity ratio of 0.59, a quick ratio of 2.49 and a current ratio of 3.33. Hayward Holdings, Inc. has a one year low of $12.93 and a one year high of $17.73. The stock has a market capitalization of $2.95 billion, a P/E ratio of 18.82, a price-to-earnings-growth ratio of 1.26 and a beta of 1.10.

Hayward (NYSE:HAYW) last announced its earnings results on Wednesday, July 29th. The company reported $0.26 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.24 by $0.02. The firm had revenue of $318.38 million during the quarter, compared to analysts’ expectations of $303.35 million. Hayward had a return on equity of 11.61% and a net margin of 13.83%.The business’s revenue was up 6.3% on a year-over-year basis. During the same period in the prior year, the firm earned $0.24 EPS. Hayward has set its FY 2026 guidance at 0.840-0.870 EPS. Analysts anticipate that Hayward Holdings, Inc. will post 0.87 EPS for the current year.

Institutional Inflows and Outflows

Institutional investors have recently modified their holdings of the stock. Corient Private Wealth LP raised its stake in shares of Hayward by 73.2% during the second quarter. Corient Private Wealth LP now owns 151,001 shares of the company’s stock worth $2,614,000 after purchasing an additional 63,806 shares during the last quarter. VIRGINIA RETIREMENT SYSTEMS ET Al purchased a new position in Hayward in the 2nd quarter valued at $313,000. California State Teachers Retirement System increased its stake in Hayward by 1,584.3% in the 2nd quarter. California State Teachers Retirement System now owns 4,173,406 shares of the company’s stock valued at $72,242,000 after buying an additional 3,925,629 shares during the period. Nykredit A S purchased a new position in Hayward during the 2nd quarter worth $42,000. Finally, Susquehanna Fundamental Investments LLC raised its position in Hayward by 3.5% during the 2nd quarter. Susquehanna Fundamental Investments LLC now owns 443,700 shares of the company’s stock worth $7,680,000 after buying an additional 15,038 shares during the last quarter.

Wall Street Analysts Forecast Growth

HAYW has been the topic of a number of research reports. Weiss Ratings upgraded shares of Hayward from a “hold (c)” rating to a “hold (c+)” rating in a research report on Thursday, July 30th. KeyCorp reiterated a “sector weight” rating on shares of Hayward in a research note on Monday, July 20th. Cantor Fitzgerald reissued a “neutral” rating on shares of Hayward in a research report on Monday, July 6th. Finally, The Goldman Sachs Group restated a “neutral” rating on shares of Hayward in a research note on Wednesday, July 29th. Two equities research analysts have rated the stock with a Buy rating and six have assigned a Hold rating to the company’s stock. According to MarketBeat, the stock presently has an average rating of “Hold” and an average price target 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.