Kevin Holleran Sells 60,571 Shares of Hayward (NYSE:HAYW) Stock

Hayward Holdings, Inc. (NYSE:HAYW) CEO Kevin Holleran sold 60,571 shares of the business’s stock in a transaction that occurred on Wednesday, October 1st. The shares were sold at an average price of $15.16, for a total value of $918,256.36. Following the completion of the transaction, the chief executive officer directly owned 623,540 shares of the company’s stock, valued at $9,452,866.40. The trade was a 8.85% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through the SEC website.

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

• On Monday, August 4th, Kevin Holleran sold 60,571 shares of Hayward stock. The shares were sold at an average price of $15.27, for a total value of $924,919.17.

Hayward Trading Up 0.2%

Shares of NYSE:HAYW opened at $15.47 on Friday. Hayward Holdings, Inc. has a 12-month low of $11.10 and a 12-month high of $16.87. The company has a market capitalization of $3.35 billion, a PE ratio of 26.66, a PEG ratio of 2.33 and a beta of 1.11. The business has a 50 day moving average of $15.59 and a two-hundred day moving average of $14.36. The company has a current ratio of 2.84, a quick ratio of 2.06 and a debt-to-equity ratio of 0.63.

Hayward (NYSE:HAYW) last announced its quarterly earnings results on Wednesday, July 30th. The company reported $0.24 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.22 by $0.02. The company had revenue of $299.60 million during the quarter, compared to the consensus estimate of $291.17 million. Hayward had a return on equity of 11.07% and a net margin of 12.04%.Hayward’s revenue for the quarter was up 5.3% on a year-over-year basis. During the same period in the previous year, the company posted $0.21 earnings per share. Hayward has set its FY 2025 guidance at EPS. As a group, analysts forecast that Hayward Holdings, Inc. will post 0.6 EPS for the current year.

Institutional Trading of Hayward

Several large investors have recently made changes to their positions in the company. Vanguard Group Inc. increased its position in shares of Hayward by 3.5% during the first quarter. Vanguard Group Inc. now owns 19,982,416 shares of the company’s stock worth $278,155,000 after purchasing an additional 677,373 shares in the last quarter. JPMorgan Chase & Co. increased its position in shares of Hayward by 17.2% during the second quarter. JPMorgan Chase & Co. now owns 9,056,232 shares of the company’s stock worth $124,976,000 after purchasing an additional 1,330,482 shares in the last quarter. Fiduciary Management Inc. WI increased its position in shares of Hayward by 63.0% during the first quarter. Fiduciary Management Inc. WI now owns 6,709,914 shares of the company’s stock worth $93,402,000 after purchasing an additional 2,592,926 shares in the last quarter. American Century Companies Inc. increased its position in shares of Hayward by 11.9% during the second quarter. American Century Companies Inc. now owns 6,439,016 shares of the company’s stock worth $88,858,000 after purchasing an additional 686,664 shares in the last quarter. Finally, Greenhouse Funds LLLP increased its position in shares of Hayward by 14.5% during the second quarter. Greenhouse Funds LLLP now owns 5,253,834 shares of the company’s stock worth $72,503,000 after purchasing an additional 664,737 shares in the last quarter.

Wall Street Analyst Weigh In

HAYW has been the subject of several research analyst reports. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Hayward in a research note on Saturday, September 27th. Stifel Nicolaus upped their target price on Hayward from $17.50 to $18.00 and gave the stock a “buy” rating in a research note on Friday, September 5th. One investment analyst has rated the stock with a Buy rating and five have given a Hold rating to the company’s stock. According to data from MarketBeat, the stock has a consensus rating of “Hold” and an average target price of $17.50.

Hayward Company Profile

Hayward Holdings, Inc designs, manufactures, and markets a portfolio of pool equipment and associated automation systems in North America, Europe, and internationally. The company offers pool equipment, including pumps, filters, robotics, suction and pressure cleaners, gas heaters and heat pumps, water features and landscape lighting, water sanitizers, salt chlorine generators, safety equipment, and in-floor automated cleaning systems, as well as LED illumination solutions.