Kevin Holleran Sells 60,571 Shares of Hayward (NYSE:HAYW) Stock

Hayward Holdings, Inc. (NYSE:HAYW) CEO Kevin Holleran sold 60,571 shares of the firm’s stock in a transaction on Wednesday, October 1st. The stock was sold at an average price of $15.16, for a total value of $918,256.36. Following the completion of the transaction, the chief executive officer owned 623,540 shares in the company, valued at $9,452,866.40. The trade was a 8.85% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink.

Kevin Holleran also recently made the following trade(s):

• On Monday, August 4th, Kevin Holleran sold 60,571 shares of Hayward stock. The stock was sold at an average price of $15.27, for a total transaction of $924,919.17.

Hayward Trading Up 0.2%

Shares of Hayward stock opened at $15.47 on Friday. The company has a quick ratio of 2.06, a current ratio of 2.84 and a debt-to-equity ratio of 0.63. Hayward Holdings, Inc. has a 12-month low of $11.10 and a 12-month high of $16.87. The company has a market capitalization of $3.35 billion, a price-to-earnings ratio of 26.66, a PEG ratio of 2.33 and a beta of 1.11. The firm’s 50-day moving average price is $15.59 and its two-hundred day moving average price is $14.36.

Hayward (NYSE:HAYW) last issued its quarterly earnings results on Wednesday, July 30th. The company reported $0.24 earnings per share for the quarter, topping analysts’ consensus estimates of $0.22 by $0.02. The company had revenue of $299.60 million during the quarter, compared to the consensus estimate of $291.17 million. Hayward had a net margin of 12.04% and a return on equity of 11.07%. The firm’s quarterly revenue was up 5.3% on a year-over-year basis. During the same quarter in the prior year, the firm posted $0.21 EPS. Hayward has set its FY 2025 guidance at EPS. On average, analysts forecast that Hayward Holdings, Inc. will post 0.6 earnings per share for the current fiscal year.

Hedge Funds Weigh In On Hayward

A number of institutional investors and hedge funds have recently bought and sold shares of the company. EverSource Wealth Advisors LLC raised its position in Hayward by 149.2% in the second quarter. EverSource Wealth Advisors LLC now owns 4,700 shares of the company’s stock valued at $65,000 after purchasing an additional 2,814 shares during the last quarter. Harbor Investment Advisory LLC increased its stake in shares of Hayward by 28.9% in the second quarter. Harbor Investment Advisory LLC now owns 6,571 shares of the company’s stock valued at $91,000 after buying an additional 1,472 shares during the period. KBC Group NV raised its holdings in Hayward by 51.1% in the 1st quarter. KBC Group NV now owns 9,584 shares of the company’s stock valued at $133,000 after buying an additional 3,241 shares during the last quarter. Wedmont Private Capital acquired a new stake in Hayward during the 1st quarter worth approximately $142,000. Finally, Brighton Jones LLC bought a new stake in Hayward during the 2nd quarter worth approximately $146,000.

Analyst Ratings Changes

A number of equities analysts have recently commented on the company. Weiss Ratings reissued a “hold (c)” rating on shares of Hayward in a report on Saturday, September 27th. Stifel Nicolaus boosted their target price on Hayward from $17.50 to $18.00 and gave the stock a “buy” rating in a research note on Friday, September 5th. One equities research analyst has rated the stock with a Buy rating and five have assigned a Hold rating to the stock. According to MarketBeat, the company presently has a consensus rating of “Hold” and an average price target of $17.50.

About Hayward

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.