Hayward Holdings, Inc. (NYSE:HAYW – Get Free Report) SVP Susan Canning sold 3,500 shares of the firm’s stock in a transaction that occurred on Thursday, October 15th. The stock was sold at an average price of $11.70, for a total transaction of $40,950.00. Following the transaction, the senior vice president directly owned 164,411 shares of the company’s stock, valued at $1,923,608.70. This represents a 2.08% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.
Hayward Stock Performance
Shares of NYSE HAYW opened at $12.03 on Thursday. The company has a 50 day simple moving average of $13.11 and a two-hundred day simple moving average of $14.27. The stock has a market cap of $2.55 billion, a price-to-earnings ratio of 16.26, a PEG ratio of 1.12 and a beta of 1.18. The company has a current ratio of 3.33, a quick ratio of 2.49 and a debt-to-equity ratio of 0.59. Hayward Holdings, Inc. has a 12 month low of $11.24 and a 12 month high of $17.73.
Hayward (NYSE:HAYW – Get Free Report) last released its quarterly earnings data on Wednesday, July 29th. The company reported $0.26 earnings per share for the quarter, topping analysts’ consensus estimates of $0.24 by $0.02. Hayward had a net margin of 13.83% and a return on equity of 11.61%. The firm had revenue of $318.38 million for the quarter, compared to analyst estimates of $303.35 million. During the same quarter in the prior year, the business earned $0.24 earnings per share. The business’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. As a group, analysts predict that Hayward Holdings, Inc. will post 0.86 earnings per share for the current year.
Analyst Upgrades and Downgrades
HAYW has been the topic of several analyst reports. Cantor Fitzgerald reaffirmed a “neutral” rating on shares of Hayward in a research report on Monday, July 6th. The Goldman Sachs Group reduced their price objective on Hayward from $17.00 to $14.00 and set a “neutral” rating for the company in a research note on Friday, October 9th. KeyCorp reissued a “sector weight” rating on shares of Hayward in a report on Monday, July 20th. Wolfe Research began coverage on Hayward in a report on Tuesday, September 15th. They issued a “peer perform” rating for the company. Finally, Weiss Ratings downgraded Hayward from a “hold (c+)” rating to a “hold (c)” rating in a research note on Monday, September 14th. Two research analysts have rated the stock with a Buy rating, six have issued a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat.com, the company currently has a consensus rating of “Hold” and an average price target of $16.62.
View Our Latest Analysis on Hayward
Hedge Funds Weigh In On Hayward
A number of hedge funds have recently made changes to their positions in the company. BlackRock Inc. acquired a new stake in shares of Hayward in the second quarter worth approximately $422,455,000. Dimensional Fund Advisors LP raised its stake in Hayward by 11.4% in the 1st quarter. Dimensional Fund Advisors LP now owns 7,453,736 shares of the company’s stock valued at $99,726,000 after purchasing an additional 761,145 shares during the last quarter. Jennison Associates LLC raised its stake in Hayward by 1.9% in the 1st quarter. Jennison Associates LLC now owns 4,798,842 shares of the company’s stock valued at $64,209,000 after purchasing an additional 90,733 shares during the last quarter. Reinhart Partners LLC. acquired a new position in Hayward in the 3rd quarter valued at $38,607,000. Finally, Arrowstreet Capital Limited Partnership lifted its holdings in Hayward by 25.6% in the 1st quarter. Arrowstreet Capital Limited Partnership now owns 2,975,392 shares of the company’s stock valued at $39,811,000 after purchasing an additional 605,743 shares in the last quarter.
About Hayward
Hayward Holdings, Inc designs, manufactures and markets equipment and technologies used in residential and commercial swimming pools. Its product portfolio includes pumps, filters, heaters, heat pumps, automatic pool cleaners, lighting, sanitization systems, water features and pool-control and automation solutions.
The company sells products under the Hayward brand and serves pool owners, builders, retailers, distributors and service professionals. Its equipment is used in both new pool construction and the replacement and renovation market, with an emphasis on energy efficiency, water quality and connected pool-management technologies.
Hayward traces its roots to 1925 and has developed into a global pool-equipment supplier.
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