Louisiana State Employees Retirement System Invests $1.18 Million in Hayward Holdings, Inc. $HAYW

Louisiana State Employees Retirement System bought a new stake in shares of Hayward Holdings, Inc. (NYSE:HAYW) in the first quarter, Holdings Channel.com reports. The fund bought 88,500 shares of the company’s stock, valued at approximately $1,184,000.

A number of other hedge funds have also recently made changes to their positions in HAYW. Hantz Financial Services Inc. increased its stake in Hayward by 80.2% in the 4th quarter. Hantz Financial Services Inc. now owns 2,058 shares of the company’s stock worth $32,000 after buying an additional 916 shares during the period. GAMMA Investing LLC boosted its position in Hayward by 82.4% in the 4th quarter. GAMMA Investing LLC now owns 2,183 shares of the company’s stock valued at $34,000 after buying an additional 986 shares during the period. IFP Advisors Inc boosted its position in Hayward by 103.9% in the 4th quarter. IFP Advisors Inc now owns 2,482 shares of the company’s stock valued at $38,000 after buying an additional 1,265 shares during the period. Caitong International Asset Management Co. Ltd bought a new position in Hayward in the 4th quarter worth about $39,000. Finally, Farther Finance Advisors LLC grew its stake in Hayward by 669.4% in the 4th quarter. Farther Finance Advisors LLC now owns 3,716 shares of the company’s stock worth $57,000 after acquiring an additional 3,233 shares in the last quarter.

Wall Street Analysts Forecast Growth

Several research firms have recently weighed in on HAYW. Jefferies Financial Group reaffirmed a “hold” rating and set a $15.00 price target (down from $16.00) on shares of Hayward in a research note on Tuesday, March 31st. Bank of America dropped their price objective on 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 Hayward from a “hold (c)” rating to a “hold (c+)” rating in a report on Tuesday. Finally, Zacks Research lowered Hayward from a “strong-buy” rating to a “hold” rating in a research report on Monday, April 27th. Two investment 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.

Hayward Stock Down 0.0%

Shares of Hayward stock opened at $16.97 on Friday. The company has a debt-to-equity ratio of 0.58, a current ratio of 3.26 and a quick ratio of 2.47. Hayward Holdings, Inc. has a 1 year low of $12.93 and a 1 year high of $17.73. The firm’s 50-day moving average is $14.77 and its two-hundred day moving average is $15.20. The stock has a market cap of $3.68 billion, a price-to-earnings ratio of 23.24, a PEG ratio of 1.78 and a beta of 1.07.

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

Insider Buying and Selling

In related news, CEO Kevin Holleran sold 120,000 shares of the business’s stock in a transaction that occurred on Wednesday, July 1st. The shares were sold at an average price of $17.28, for a total value of $2,073,600.00. Following the completion of the transaction, the chief executive officer owned 701,234 shares of the company’s stock, valued at $12,117,323.52. The trade was a 14.61% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, SVP Susan M. Canning bought 2,242 shares of the stock in a transaction on Thursday, April 30th. The shares were bought at an average price of $12.76 per share, with a total value of $28,607.92. Following the acquisition, the senior vice president owned 103,837 shares of the company’s stock, valued at $1,324,960.12. This trade represents a 2.21% increase in their ownership of the stock. The SEC filing for this purchase provides additional information. Over the last quarter, insiders have sold 222,389 shares of company stock worth $3,649,544. Insiders own 4.73% of the company’s stock.

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.