William Blair Investment Management LLC purchased a new position in shares of Hayward Holdings, Inc. (NYSE:HAYW – Free Report) during the 2nd quarter, according to the company in its most recent disclosure with the SEC. The fund purchased 1,549,861 shares of the company’s stock, valued at approximately $26,828,000. William Blair Investment Management LLC owned about 0.73% of Hayward as of its most recent SEC filing.
A number of other institutional investors and hedge funds also recently made changes to their positions in the stock. Jackson Creek Investment Advisors LLC acquired a new stake in Hayward during the 4th quarter worth approximately $1,744,000. 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 worth $323,416,000 after buying an additional 105,472 shares during the period. Fiduciary Management Inc. WI lifted its holdings in shares of Hayward by 13.2% during the fourth quarter. Fiduciary Management Inc. WI now owns 9,089,866 shares of the company’s stock worth $140,438,000 after buying an additional 1,063,380 shares in the last quarter. Intech Investment Management LLC lifted its holdings in shares of Hayward by 371.8% during the fourth quarter. Intech Investment Management LLC now owns 150,651 shares of the company’s stock worth $2,328,000 after buying an additional 118,720 shares in the last quarter. Finally, New Age Alpha Advisors LLC bought a new stake in shares of Hayward in the fourth quarter valued at about $2,933,000.
Insider Transactions at Hayward
In other Hayward news, CEO Kevin Holleran sold 120,000 shares of Hayward stock in a transaction dated Wednesday, July 1st. The stock was sold at an average price of $17.28, for a total value of $2,073,600.00. Following the transaction, the chief executive officer owned 701,234 shares in the company, valued at $12,117,323.52. The trade was a 14.61% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold a total of 272,389 shares of company stock valued at $4,415,044 in the last quarter. Insiders own 4.73% of the company’s stock.
Hayward Stock Down 0.5%
Hayward (NYSE:HAYW – Get Free Report) last issued its quarterly earnings results on Wednesday, July 29th. The company reported $0.26 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.24 by $0.02. Hayward had a return on equity of 11.61% and a net margin of 13.83%.The company had revenue of $318.38 million for the quarter, compared to analyst estimates of $303.35 million. During the same quarter last year, the company posted $0.24 EPS. The company’s revenue for the quarter was up 6.3% compared to the same quarter last year. Hayward has set its FY 2026 guidance at 0.840-0.870 EPS. Equities analysts expect that Hayward Holdings, Inc. will post 0.87 earnings per share for the current fiscal year.
Analysts Set New Price Targets
HAYW has been the subject of a number of analyst reports. Zacks Research downgraded shares of Hayward from a “strong-buy” rating to a “hold” rating in a research report on Monday, April 27th. Cantor Fitzgerald reissued a “neutral” rating on shares of Hayward in a research report on Monday, July 6th. Weiss Ratings upgraded Hayward from a “hold (c)” rating to a “hold (c+)” rating in a research note on Thursday, July 30th. KeyCorp reaffirmed a “sector weight” rating on shares of Hayward in a report on Monday, July 20th. Finally, The Goldman Sachs Group reiterated a “neutral” rating on shares of Hayward in a research report on Wednesday, July 29th. Two investment analysts have rated the stock with a Buy rating and six have given a Hold rating to the stock. According to MarketBeat, Hayward has an average rating of “Hold” and an average target price of $17.50.
View Our Latest Report on Hayward
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.
Recommended Stories
- Five stocks we like better than Hayward
- 2 Biotech Stocks Shaping Up for Major Breakouts
- 3 Stocks Came Roaring Back—Now They’re Flashing Warning Signs
- 3 Beaten-Down Stocks That Haven’t Gotten the Message About the S&P 500’s Record Run
- Darden Restaurants Just Hit a 52-Week High–Is the Olive Garden Comeback Story Legit?
Want to see what other hedge funds are holding HAYW? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Hayward Holdings, Inc. (NYSE:HAYW – Free Report).
Receive News & Ratings for Hayward Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Hayward and related companies with MarketBeat.com's FREE daily email newsletter.
