Hayward Holdings, Inc. $HAYW Holdings Lowered by Los Angeles Capital Management LLC

Los Angeles Capital Management LLC reduced its stake in Hayward Holdings, Inc. (NYSE:HAYW) by 4.0% in the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 398,688 shares of the company’s stock after selling 16,481 shares during the period. Los Angeles Capital Management LLC’s holdings in Hayward were worth $5,502,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds have also made changes to their positions in the company. Harbor Investment Advisory LLC raised its holdings in Hayward by 28.9% during the second quarter. Harbor Investment Advisory LLC now owns 6,571 shares of the company’s stock worth $91,000 after purchasing an additional 1,472 shares in the last quarter. Brighton Jones LLC bought a new stake in shares of Hayward in the 2nd quarter worth $146,000. Focus Partners Advisor Solutions LLC acquired a new stake in shares of Hayward in the first quarter valued at $150,000. EntryPoint Capital LLC bought a new position in Hayward during the first quarter valued at about $153,000. Finally, Financiere des Professionnels Fonds d investissement inc. acquired a new position in Hayward during the second quarter worth about $153,000.

Hayward Stock Performance

Hayward stock opened at $15.89 on Monday. Hayward Holdings, Inc. has a fifty-two week low of $11.10 and a fifty-two week high of $17.73. The firm’s 50 day simple moving average is $15.57 and its 200-day simple moving average is $14.91. The company has a debt-to-equity ratio of 0.62, a current ratio of 3.18 and a quick ratio of 2.31. The company has a market cap of $3.45 billion, a P/E ratio of 25.63, a price-to-earnings-growth ratio of 1.67 and a beta of 1.12.

Hayward (NYSE:HAYW) last issued its quarterly earnings results on Wednesday, October 29th. The company reported $0.14 EPS for the quarter, beating the consensus estimate of $0.12 by $0.02. Hayward had a net margin of 12.54% and a return on equity of 11.24%. The business had revenue of $244.34 million during the quarter, compared to the consensus estimate of $231.46 million. During the same quarter in the prior year, the firm earned $0.11 EPS. The firm’s quarterly revenue was up 7.3% on a year-over-year basis. Hayward has set its FY 2025 guidance at EPS. As a group, equities research analysts predict that Hayward Holdings, Inc. will post 0.6 EPS for the current year.

Wall Street Analyst Weigh In

HAYW has been the subject of a number of research analyst reports. Weiss Ratings reissued a “hold (c)” rating on shares of Hayward in a report on Wednesday. Stifel Nicolaus increased their target price on shares of Hayward from $17.50 to $18.00 and gave the company a “buy” rating in a research note on Friday, September 5th. Finally, Zacks Research upgraded shares of Hayward from a “hold” rating to a “strong-buy” rating in a report on Wednesday, October 22nd. One equities research analyst has rated the stock with a Strong Buy rating, one has issued a Buy rating and four have assigned a Hold rating to the company. Based on data from MarketBeat.com, Hayward presently has a consensus rating of “Moderate Buy” and a consensus target price of $18.00.

Insiders Place Their Bets

In related news, CFO Eifion Jones sold 25,000 shares of the stock in a transaction dated Wednesday, October 29th. The stock was sold at an average price of $17.50, for a total value of $437,500.00. Following the completion of the sale, the chief financial officer directly owned 287,231 shares of the company’s stock, valued at approximately $5,026,542.50. This represents a 8.01% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, CEO Kevin Holleran sold 60,571 shares of Hayward stock in a transaction dated Monday, November 3rd. The shares were sold at an average price of $16.74, for a total value of $1,013,958.54. Following the transaction, the chief executive officer directly owned 623,540 shares in the company, valued at approximately $10,438,059.60. This trade represents a 8.85% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold 166,142 shares of company stock valued at $2,699,715 in the last 90 days. Corporate insiders own 5.06% of the company’s stock.

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.