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

Hayward Holdings, Inc. (NYSE:HAYW) CEO Kevin Holleran sold 50,000 shares of the firm’s 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 of the company’s stock, valued at approximately $11,970,064.38. This represents a 6.66% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through 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 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 shares were sold at an average price of $13.79, for a total transaction of $722,444.31.

Hayward Price Performance

Hayward stock traded down $0.32 during midday trading on Wednesday, reaching $16.99. 3,575,965 shares of the stock were exchanged, compared to its average volume of 2,301,240. Hayward Holdings, Inc. has a 52 week low of $12.93 and a 52 week high of $17.73. The company has a debt-to-equity ratio of 0.58, a quick ratio of 2.47 and a current ratio of 3.26. The firm has a market cap of $3.69 billion, a PE ratio of 23.27, a PEG ratio of 1.78 and a beta of 1.12. The company’s fifty day moving average is $14.67 and its 200-day moving average is $15.18.

Hayward (NYSE:HAYW) last released its quarterly earnings results on Wednesday, April 29th. The company reported $0.13 earnings per share for the quarter, topping the consensus estimate of $0.11 by $0.02. Hayward had a net margin of 13.98% and a return on equity of 11.45%. The firm had revenue of $255.22 million for the quarter, compared to analysts’ expectations of $239.13 million. During the same quarter in the prior year, the firm posted $0.10 earnings per share. The business’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. On average, sell-side analysts forecast that Hayward Holdings, Inc. will post 0.86 EPS for the current year.

Analysts Set New Price Targets

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

Hedge Funds Weigh In On Hayward

A number of hedge funds and other institutional investors have recently modified their holdings of HAYW. Oregon Public Employees Retirement Fund grew its position in shares of Hayward by 1.8% in the 4th quarter. Oregon Public Employees Retirement Fund now owns 45,672 shares of the company’s stock worth $706,000 after buying an additional 800 shares during the period. Hantz Financial Services Inc. lifted its position in Hayward by 80.2% during the 4th quarter. Hantz Financial Services Inc. now owns 2,058 shares of the company’s stock valued at $32,000 after acquiring an additional 916 shares during the period. Illinois Municipal Retirement Fund lifted its position in Hayward by 0.8% during the 1st quarter. Illinois Municipal Retirement Fund now owns 112,055 shares of the company’s stock valued at $1,499,000 after acquiring an additional 938 shares during the period. GAMMA Investing LLC boosted its stake in Hayward by 82.4% during the fourth quarter. GAMMA Investing LLC now owns 2,183 shares of the company’s stock worth $34,000 after acquiring an additional 986 shares in the last quarter. Finally, Integrated Wealth Concepts LLC boosted its stake in Hayward by 8.0% during the fourth quarter. Integrated Wealth Concepts LLC now owns 13,903 shares of the company’s stock worth $215,000 after acquiring an additional 1,035 shares in the last quarter.

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.