Quantbot Technologies LP bought a new stake in Hayward Holdings, Inc. (NYSE:HAYW – Free Report) during the second quarter, Holdings Channel reports. The institutional investor bought 54,322 shares of the company’s stock, valued at approximately $940,000.
A number of other hedge funds have also made changes to their positions in HAYW. Royal Bank of Canada boosted its holdings in shares of Hayward by 36.2% during the first quarter. Royal Bank of Canada now owns 126,506 shares of the company’s stock worth $1,760,000 after purchasing an additional 33,614 shares during the period. Millennium Management LLC increased its stake in Hayward by 6.8% in the 1st quarter. Millennium Management LLC now owns 486,132 shares of the company’s stock valued at $6,767,000 after buying an additional 30,763 shares during the period. Jane Street Group LLC increased its stake in Hayward by 8.2% in the 1st quarter. Jane Street Group LLC now owns 38,064 shares of the company’s stock valued at $530,000 after buying an additional 2,885 shares during the period. Invesco Ltd. lifted its position in Hayward by 5.1% in the 2nd quarter. Invesco Ltd. now owns 3,061,859 shares of the company’s stock worth $42,254,000 after buying an additional 149,155 shares in the last quarter. Finally, EverSource Wealth Advisors LLC boosted its stake in shares of Hayward by 149.2% during the 2nd quarter. EverSource Wealth Advisors LLC now owns 4,700 shares of the company’s stock valued at $65,000 after buying an additional 2,814 shares during the period.
Insider Transactions at Hayward
In other news, CEO Kevin Holleran sold 50,000 shares of the firm’s stock in a transaction dated Monday, August 3rd. The stock was sold at an average price of $15.31, for a total value of $765,500.00. Following the sale, the chief executive officer directly owned 701,234 shares of the company’s stock, valued at approximately $10,735,892.54. This trade represents a 6.66% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold 272,389 shares of company stock worth $4,415,044 in the last three months. 4.73% of the stock is owned by corporate insiders.
Analyst Upgrades and Downgrades
Read Our Latest Report on HAYW
Hayward Price Performance
Shares of Hayward stock opened at $14.51 on Thursday. The company has a current ratio of 3.33, a quick ratio of 2.49 and a debt-to-equity ratio of 0.59. The firm has a fifty day simple moving average of $15.40 and a 200-day simple moving average of $14.94. The stock has a market capitalization of $3.08 billion, a price-to-earnings ratio of 19.61, a PEG ratio of 1.33 and a beta of 1.09. Hayward Holdings, Inc. has a 1-year low of $12.93 and a 1-year high of $17.73.
Hayward (NYSE:HAYW – Get Free Report) last posted its earnings results on Wednesday, July 29th. The company reported $0.26 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.24 by $0.02. The business had revenue of $318.38 million for the quarter, compared to analyst estimates of $303.35 million. Hayward had a net margin of 13.83% and a return on equity of 11.61%. Hayward’s revenue was up 6.3% compared to the same quarter last year. During the same period last year, the business posted $0.24 EPS. Hayward has set its FY 2026 guidance at 0.840-0.870 EPS. On average, sell-side analysts expect that Hayward Holdings, Inc. will post 0.87 earnings per share for the current year.
Hayward 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.
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