18,558 Shares in Hayward Holdings, Inc. $HAYW Purchased by MQS Management LLC

MQS Management LLC acquired a new position in Hayward Holdings, Inc. (NYSE:HAYW) in the 2nd quarter, Holdings Channel reports. The institutional investor acquired 18,558 shares of the company’s stock, valued at approximately $256,000.

Several other hedge funds and other institutional investors have also bought and sold shares of the business. Focus Partners Advisor Solutions LLC raised its stake in Hayward by 22.3% in the 2nd quarter. Focus Partners Advisor Solutions LLC now owns 13,187 shares of the company’s stock worth $182,000 after purchasing an additional 2,406 shares in the last quarter. State of New Jersey Common Pension Fund D raised its position in shares of Hayward by 1.3% in the 2nd quarter. State of New Jersey Common Pension Fund D now owns 137,077 shares of the company’s stock valued at $1,892,000 after buying an additional 1,702 shares in the last quarter. Equitable Trust Co. raised its position in shares of Hayward by 76.3% in the 2nd quarter. Equitable Trust Co. now owns 61,297 shares of the company’s stock valued at $846,000 after buying an additional 26,535 shares in the last quarter. Yousif Capital Management LLC raised its position in shares of Hayward by 2.0% in the 2nd quarter. Yousif Capital Management LLC now owns 53,670 shares of the company’s stock valued at $741,000 after buying an additional 1,049 shares in the last quarter. Finally, KLP Kapitalforvaltning AS raised its position in shares of Hayward by 16.5% in the 2nd quarter. KLP Kapitalforvaltning AS now owns 43,700 shares of the company’s stock valued at $603,000 after buying an additional 6,200 shares in the last quarter.

Insiders Place Their Bets

In related news, CFO Eifion Jones sold 20,000 shares of the business’s stock in a transaction on Wednesday, August 13th. The shares were sold at an average price of $16.50, for a total transaction of $330,000.00. Following the transaction, the chief financial officer owned 287,231 shares in the company, valued at $4,739,311.50. The trade was a 6.51% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, CEO Kevin Holleran sold 60,571 shares of the business’s stock in a transaction on Monday, August 4th. The shares were sold at an average price of $15.27, for a total transaction of $924,919.17. Following the transaction, the chief executive officer owned 623,540 shares in the company, valued at $9,521,455.80. The trade was a 8.85% decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 156,142 shares of company stock worth $2,405,676 in the last quarter. 5.06% of the stock is owned by corporate insiders.

Hayward Trading Down 0.7%

HAYW opened at $15.46 on Tuesday. Hayward Holdings, Inc. has a fifty-two week low of $11.10 and a fifty-two week high of $16.87. The company has a debt-to-equity ratio of 0.63, a current ratio of 2.84 and a quick ratio of 2.06. The firm has a market capitalization of $3.35 billion, a price-to-earnings ratio of 26.66, a PEG ratio of 2.22 and a beta of 1.11. The company’s 50 day moving average price is $15.53 and its two-hundred day moving average price is $14.61.

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

Analyst Ratings Changes

Several equities analysts have recently commented on the stock. Stifel Nicolaus boosted their target price on shares of Hayward from $17.50 to $18.00 and gave the company a “buy” rating in a research report on Friday, September 5th. Zacks Research upgraded shares of Hayward from a “hold” rating to a “strong-buy” rating in a research report on Wednesday, October 22nd. Finally, Weiss Ratings restated a “hold (c+)” rating on shares of Hayward in a research report on Tuesday, October 14th. One equities research analyst has rated the stock with a Strong Buy rating, one has given a Buy rating and five have assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, the company currently has an average rating of “Hold” and an average price target of $17.50.

Hayward 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.