Hayward Holdings, Inc. (NYSE:HAYW) CEO Kevin Holleran Sells 42,857 Shares

Hayward Holdings, Inc. (NYSE:HAYW) CEO Kevin Holleran sold 42,857 shares of the business’s stock in a transaction dated Monday, May 6th. The stock was sold at an average price of $14.36, for a total transaction of $615,426.52. Following the transaction, the chief executive officer now owns 522,799 shares in the company, valued at approximately $7,507,393.64. The transaction was disclosed in a legal filing with the SEC, which is accessible through the SEC website.

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

• On Wednesday, April 17th, Kevin Holleran sold 42,857 shares of Hayward stock. The stock was sold at an average price of $13.34, for a total transaction of $571,712.38.
• On Monday, April 1st, Kevin Holleran sold 61,429 shares of Hayward stock. The shares were sold at an average price of $15.14, for a total transaction of $930,035.06.

Hayward Trading Up 0.3 %

Shares of NYSE HAYW opened at $14.46 on Wednesday. Hayward Holdings, Inc. has a 1-year low of $9.80 and a 1-year high of $16.04. The company has a 50-day moving average of $14.19 and a two-hundred day moving average of $13.03. The company has a current ratio of 3.37, a quick ratio of 2.34 and a debt-to-equity ratio of 0.82. The company has a market cap of $3.11 billion, a PE ratio of 40.17, a P/E/G ratio of 1.92 and a beta of 1.25.

Hayward (NYSE:HAYW) last announced its quarterly earnings data on Thursday, February 29th. The company reported $0.20 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.18 by $0.02. Hayward had a net margin of 8.25% and a return on equity of 9.46%. The firm had revenue of $278.50 million for the quarter, compared to analysts’ expectations of $271.47 million. During the same period last year, the firm earned $0.10 earnings per share. The business’s revenue for the quarter was up 7.5% on a year-over-year basis. As a group, equities analysts expect that Hayward Holdings, Inc. will post 0.57 earnings per share for the current fiscal year.

Analyst Ratings Changes

A number of equities analysts have recently issued reports on HAYW shares. Jefferies Financial Group cut Hayward from a “buy” rating to a “hold” rating and dropped their target price for the stock from $15.00 to $14.00 in a report on Thursday, January 11th. The Goldman Sachs Group upped their price target on Hayward from $12.00 to $15.00 and gave the company a “neutral” rating in a research report on Monday, March 4th. Stifel Nicolaus lifted their price objective on Hayward from $13.50 to $14.50 and gave the company a “hold” rating in a report on Tuesday, March 5th. Finally, TheStreet raised shares of Hayward from a “d+” rating to a “c-” rating in a report on Monday, January 22nd. Four analysts have rated the stock with a hold rating and one has issued a buy rating to the stock. According to MarketBeat.com, Hayward has an average rating of “Hold” and a consensus target price of $14.70.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently made changes to their positions in the stock. FMR LLC lifted its stake in Hayward by 5.8% in the third quarter. FMR LLC now owns 26,660,475 shares of the company’s stock valued at $375,913,000 after buying an additional 1,459,093 shares during the period. Vanguard Group Inc. increased its stake in shares of Hayward by 8.6% in the 4th quarter. Vanguard Group Inc. now owns 14,703,702 shares of the company’s stock valued at $199,970,000 after acquiring an additional 1,166,717 shares during the last quarter. Jennison Associates LLC increased its stake in shares of Hayward by 1.0% in the 3rd quarter. Jennison Associates LLC now owns 4,564,164 shares of the company’s stock valued at $64,355,000 after acquiring an additional 46,771 shares during the last quarter. Schroder Investment Management Group increased its stake in shares of Hayward by 17.5% in the 4th quarter. Schroder Investment Management Group now owns 3,670,574 shares of the company’s stock valued at $49,920,000 after acquiring an additional 546,400 shares during the last quarter. Finally, Dimensional Fund Advisors LP increased its stake in shares of Hayward by 24.0% in the 4th quarter. Dimensional Fund Advisors LP now owns 3,419,859 shares of the company’s stock valued at $46,511,000 after acquiring an additional 662,795 shares during the last quarter.

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.