Insider Selling: Hayward (NYSE:HAYW) CEO Sells 52,389 Shares of Stock

Hayward Holdings, Inc. (NYSE:HAYW - Get Free Report) CEO Kevin Holleran sold 52,389 shares of the business's stock in a transaction dated Wednesday, April 1st. The shares were sold at an average price of $13.42, for a total transaction of $703,060.38. Following the completion of the transaction, the chief executive officer owned 701,234 shares in the company, valued at approximately $9,410,560.28. The trade was a 6.95% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

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

• On Monday, March 2nd, Kevin Holleran sold 52,389 shares of Hayward stock. The stock was sold at an average price of $15.73, for a total transaction of $824,078.97.
• On Monday, February 2nd, Kevin Holleran sold 52,389 shares of Hayward stock. The stock was sold at an average price of $16.05, for a total transaction of $840,843.45.
• On Monday, January 5th, Kevin Holleran sold 52,390 shares of Hayward stock. The stock was sold at an average price of $15.99, for a total transaction of $837,716.10.

Hayward Price Performance

Shares of NYSE HAYW opened at $13.38 on Friday. The company has a current ratio of 2.94, a quick ratio of 2.29 and a debt-to-equity ratio of 0.59. The stock has a fifty day simple moving average of $15.29 and a two-hundred day simple moving average of $15.62. Hayward Holdings, Inc. has a 1-year low of $11.10 and a 1-year high of $17.73. The firm has a market cap of $2.91 billion, a price-to-earnings ratio of 19.67, a price-to-earnings-growth ratio of 1.35 and a beta of 1.18.

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Hayward (NYSE:HAYW - Get Free Report) last issued its earnings results on Wednesday, February 25th. The company reported $0.29 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.28 by $0.01. Hayward had a return on equity of 11.27% and a net margin of 13.51%.The firm had revenue of $349.38 million for the quarter, compared to analyst estimates of $332.84 million. During the same period in the previous year, the company posted $0.27 earnings per share. The business's revenue was up 6.8% on a year-over-year basis. Hayward has set its FY 2026 guidance at 0.820-0.860 EPS. Analysts anticipate that Hayward Holdings, Inc. will post 0.6 earnings per share for the current year.

Institutional Inflows and Outflows

A number of hedge funds have recently added to or reduced their stakes in HAYW. Oregon Public Employees Retirement Fund increased its position in shares of Hayward by 1.8% during the fourth quarter. Oregon Public Employees Retirement Fund now owns 45,672 shares of the company's stock valued at $706,000 after buying an additional 800 shares during the period. Illinois Municipal Retirement Fund grew its stake in Hayward by 1.2% during the third quarter. Illinois Municipal Retirement Fund now owns 76,598 shares of the company's stock valued at $1,158,000 after acquiring an additional 886 shares in the last quarter. Hantz Financial Services Inc. grew its stake in Hayward by 80.2% during the fourth quarter. Hantz Financial Services Inc. now owns 2,058 shares of the company's stock valued at $32,000 after acquiring an additional 916 shares in the last quarter. GAMMA Investing LLC increased its holdings in Hayward by 82.4% during the 4th quarter. GAMMA Investing LLC now owns 2,183 shares of the company's stock worth $34,000 after acquiring an additional 986 shares during the period. Finally, Integrated Wealth Concepts LLC increased its holdings in Hayward by 8.0% during the 4th quarter. Integrated Wealth Concepts LLC now owns 13,903 shares of the company's stock worth $215,000 after acquiring an additional 1,035 shares during the period.

Wall Street Analysts Forecast Growth

HAYW has been the topic of several recent research reports. Jefferies Financial Group reaffirmed a "hold" rating and set a $15.00 price objective (down from $16.00) on shares of Hayward in a report on Tuesday. Zacks Research raised shares of Hayward from a "hold" rating to a "strong-buy" rating in a research report on Thursday, March 5th. Stifel Nicolaus restated a "buy" rating and set a $19.50 price target (up from $19.00) on shares of Hayward in a research note on Thursday, February 26th. Weiss Ratings raised shares of Hayward from a "hold (c)" rating to a "buy (b-)" rating in a report on Thursday, February 26th. Finally, Bank of America upgraded shares of Hayward from an "underperform" rating to a "buy" rating and set a $19.00 price objective for the company in a research note on Friday, March 6th. One analyst has rated the stock with a Strong Buy rating, three have assigned a Buy rating and one has issued a Hold rating to the company's stock. According to MarketBeat.com, the company currently has an average rating of "Buy" and a consensus target price of $17.83.

Get Our Latest Analysis on Hayward

About Hayward

(Get Free Report)

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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