Public Employees Retirement System of Ohio acquired a new position in shares of Hayward Holdings, Inc. (NYSE:HAYW – Free Report) during the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm acquired 246,306 shares of the company’s stock, valued at approximately $4,264,000. Public Employees Retirement System of Ohio owned 0.12% of Hayward at the end of the most recent quarter.
Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in the business. Hantz Financial Services Inc. increased its holdings in shares of Hayward by 80.2% in the fourth quarter. Hantz Financial Services Inc. now owns 2,058 shares of the company’s stock worth $32,000 after acquiring an additional 916 shares in the last quarter. IFP Advisors Inc grew its position in shares of 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 purchasing an additional 1,265 shares during the period. Caitong International Asset Management Co. Ltd acquired a new position in shares of Hayward in the 4th quarter valued at approximately $39,000. Allworth Financial LP bought a new stake in Hayward during the 2nd quarter worth approximately $47,000. Finally, Farther Finance Advisors LLC increased its stake in Hayward by 669.4% during the 4th quarter. Farther Finance Advisors LLC now owns 3,716 shares of the company’s stock worth $57,000 after purchasing an additional 3,233 shares in the last quarter.
Hayward Price Performance
Shares of NYSE HAYW opened at $13.70 on Friday. The business’s 50 day moving average price is $15.24 and its two-hundred day moving average price is $14.82. The company has a market cap of $2.91 billion, a PE ratio of 18.51, a price-to-earnings-growth ratio of 1.25 and a beta of 1.10. The company has a quick ratio of 2.49, a current ratio of 3.33 and a debt-to-equity ratio of 0.59. Hayward Holdings, Inc. has a twelve month low of $12.93 and a twelve month high of $17.73.
Insider Buying and Selling at Hayward
In other Hayward news, CEO Kevin Holleran sold 50,000 shares of the firm’s stock in a transaction on Tuesday, September 1st. The stock was sold at an average price of $13.85, for a total transaction of $692,500.00. Following the transaction, the chief executive officer owned 701,234 shares in the company, valued at $9,712,090.90. This trade represents a 6.66% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold 270,000 shares of company stock valued at $4,385,100 in the last three months. 4.73% of the stock is currently owned by insiders.
Analyst Upgrades and Downgrades
Several equities research analysts recently commented on the stock. The Goldman Sachs Group reaffirmed a “neutral” rating on shares of Hayward in a research report on Wednesday, July 29th. KeyCorp reissued a “sector weight” rating on shares of Hayward in a research note on Monday, July 20th. Cantor Fitzgerald restated a “neutral” rating on shares of Hayward in a report on Monday, July 6th. Finally, Weiss Ratings upgraded Hayward from a “hold (c)” rating to a “hold (c+)” rating in a report on Thursday, July 30th. Two equities research analysts have rated the stock with a Buy rating and six have given a Hold rating to the company’s stock. Based on data from MarketBeat, Hayward currently has an average rating of “Hold” and an average target price of $17.50.
Check Out Our Latest Stock Report on Hayward
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.
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