Hayward (NYSE:HAYW) CEO Kevin Holleran Sells 120,000 Shares of Stock

Hayward Holdings, Inc. (NYSE:HAYW) CEO Kevin Holleran sold 120,000 shares of the business’s stock in a transaction on Wednesday, July 1st. The stock was sold at an average price of $17.28, for a total transaction of $2,073,600.00. Following the transaction, the chief executive officer directly owned 701,234 shares in the company, valued at approximately $12,117,323.52. The trade was a 14.61% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

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

• 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 transaction of $853,500.00.
• On Monday, June 1st, Kevin Holleran sold 52,389 shares of Hayward stock. The shares were sold at an average price of $13.79, for a total transaction of $722,444.31.

Hayward Stock Down 1.9%

Shares of NYSE HAYW traded down $0.32 during midday trading on Wednesday, reaching $16.99. 3,575,965 shares of the company’s stock were exchanged, compared to its average volume of 2,301,240. The company has a debt-to-equity ratio of 0.58, a quick ratio of 2.47 and a current ratio of 3.26. Hayward Holdings, Inc. has a 52-week low of $12.93 and a 52-week high of $17.73. The business’s fifty day moving average price is $14.67 and its two-hundred day moving average price is $15.18. The stock has a market capitalization of $3.69 billion, a PE ratio of 23.27, a price-to-earnings-growth ratio of 1.78 and a beta of 1.12.

Hayward (NYSE:HAYW) last issued its quarterly earnings data on Wednesday, April 29th. The company reported $0.13 earnings per share for the quarter, beating analysts’ consensus estimates of $0.11 by $0.02. Hayward had a return on equity of 11.45% and a net margin of 13.98%.The firm had revenue of $255.22 million during the quarter, compared to analyst estimates of $239.13 million. During the same quarter last year, the firm earned $0.10 EPS. Hayward’s quarterly revenue was up 11.5% on a year-over-year basis. Hayward has set its FY 2026 guidance at 0.840-0.870 EPS. Analysts forecast that Hayward Holdings, Inc. will post 0.86 EPS for the current year.

Institutional Trading of Hayward

A number of large investors have recently modified their holdings of the company. Empowered Funds LLC bought a new stake in Hayward in the 1st quarter valued at about $286,000. Bull Harbor Capital LLC acquired a new stake in shares of Hayward in the first quarter valued at approximately $260,000. California State Teachers Retirement System increased its stake in shares of Hayward by 23.4% in the first quarter. California State Teachers Retirement System now owns 247,777 shares of the company’s stock valued at $3,315,000 after purchasing an additional 47,028 shares during the period. Royal Bank of Canada raised its stake in Hayward by 18.7% during the 1st quarter. Royal Bank of Canada now owns 196,035 shares of the company’s stock valued at $2,623,000 after acquiring an additional 30,831 shares in the last quarter. Finally, The Manufacturers Life Insurance Company boosted its position in Hayward by 9.4% during the 1st quarter. The Manufacturers Life Insurance Company now owns 46,188 shares of the company’s stock worth $618,000 after acquiring an additional 3,982 shares during the period.

Analyst Ratings Changes

A number of research analysts have commented on the stock. Bank of America reduced their price objective on shares of Hayward from $19.00 to $18.00 and set a “buy” rating on the stock in a research note on Monday, April 20th. Weiss Ratings upgraded shares of Hayward from a “hold (c)” rating to a “hold (c+)” rating in a research note on Tuesday. Jefferies Financial Group reiterated a “hold” rating and issued a $15.00 target price (down from $16.00) on shares of Hayward in a research report on Tuesday, March 31st. Finally, Zacks Research cut shares of Hayward from a “strong-buy” rating to a “hold” rating in a report on Monday, April 27th. Two investment analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the stock. According to data from MarketBeat.com, the stock currently has an average rating of “Hold” and an average target price of $17.50.

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.