Squarepoint Ops LLC bought a new position in shares of Hayward Holdings, Inc. (NYSE:HAYW – Free Report) during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund bought 271,114 shares of the company’s stock, valued at approximately $4,693,000. Squarepoint Ops LLC owned 0.13% of Hayward at the end of the most recent reporting period.
Several other institutional investors and hedge funds also recently bought and sold shares of the company. Hantz Financial Services Inc. increased its holdings in shares of Hayward by 80.2% during 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 last quarter. IFP Advisors Inc lifted its holdings in Hayward by 103.9% in the fourth quarter. IFP Advisors Inc now owns 2,482 shares of the company’s stock valued at $38,000 after acquiring an additional 1,265 shares during the last quarter. Caitong International Asset Management Co. Ltd acquired a new position in Hayward in the fourth quarter valued at approximately $39,000. Nykredit A S acquired a new position in Hayward in the second quarter valued at approximately $42,000. Finally, Allworth Financial LP purchased a new position in Hayward in the second quarter worth approximately $47,000.
Wall Street Analysts Forecast Growth
Several equities research analysts have issued reports on the company. Weiss Ratings raised Hayward from a “hold (c)” rating to a “hold (c+)” rating in a research note on Thursday, July 30th. Cantor Fitzgerald reiterated a “neutral” rating on shares of Hayward in a report on Monday, July 6th. KeyCorp reissued a “sector weight” rating on shares of Hayward in a research report on Monday, July 20th. Finally, The Goldman Sachs Group reissued a “neutral” rating on shares of Hayward in a research report on Wednesday, July 29th. Two 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.com, Hayward presently has an average rating of “Hold” and an average price target of $17.50.
Hayward Stock Performance
NYSE:HAYW opened at $13.12 on Friday. The company has a debt-to-equity ratio of 0.59, a quick ratio of 2.49 and a current ratio of 3.33. The stock has a market capitalization of $2.78 billion, a P/E ratio of 17.74, a PEG ratio of 1.19 and a beta of 1.10. The company has a 50 day moving average price of $14.82 and a 200 day moving average price of $14.70. Hayward Holdings, Inc. has a fifty-two week low of $12.84 and a fifty-two week high of $17.73.
Hayward (NYSE:HAYW – Get Free Report) last announced 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. Hayward had a return on equity of 11.61% and a net margin of 13.83%.The company had revenue of $318.38 million for the quarter, compared to analyst estimates of $303.35 million. During the same quarter in the previous year, the company earned $0.24 earnings per share. The firm’s quarterly revenue was up 6.3% compared to the same quarter last year. Hayward has set its FY 2026 guidance at 0.840-0.870 EPS. Equities research analysts forecast that Hayward Holdings, Inc. will post 0.87 EPS for the current year.
Insider Buying and Selling at Hayward
In related news, CEO Kevin Holleran sold 50,000 shares of the business’s stock in a transaction on Tuesday, September 1st. The stock was sold at an average price of $13.85, for a total value of $692,500.00. Following the sale, the chief executive officer owned 701,234 shares in the company, valued at approximately $9,712,090.90. The trade was a 6.66% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold 270,000 shares of company stock valued at $4,385,100 over the last ninety days. Insiders own 4.73% of the company’s stock.
Hayward Profile
Hayward Holdings, Inc designs, manufactures and sells equipment and systems used in residential and commercial swimming pools. Its product portfolio includes pumps, filters, heaters, heat pumps, automatic cleaners, lighting, salt chlorination systems and pool automation and controls.
The company’s products are intended to help pool owners and professionals circulate, filter, heat, sanitize and manage pool water. Hayward sells through distributors, retailers, pool builders and service professionals, serving customers primarily in North America as well as selected international markets.
Hayward’s business traces its history to 1925 and has developed from a pool-equipment manufacturer into a provider of connected and energy-efficient pool solutions.
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