Key Points
- Hayward CEO Kevin Holleran sold 50,000 shares on June 30 at an average price of $17.07, worth about $853,500. The sale was made under a pre-arranged Rule 10b5-1 trading plan.
- Holleran also sold additional shares recently, including 120,000 shares on July 1 and 52,389 shares on June 1, indicating a pattern of insider selling over the past month.
- Hayward shares were down 1.9% to $16.99, while the company’s latest earnings beat expectations with $0.13 EPS and revenue of $255.22 million. Analysts currently rate the stock a Hold with an average target price of $17.50.
Hayward Holdings, Inc. (NYSE:HAYW - Get Free Report) CEO Kevin Holleran sold 50,000 shares of the stock in a transaction dated Tuesday, June 30th. The stock was sold at an average price of $17.07, for a total transaction of $853,500.00. Following the completion of the transaction, the chief executive officer directly owned 701,234 shares of the company's stock, valued at approximately $11,970,064.38. The trade was a 6.66% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.
Kevin Holleran also recently made the following trade(s):
- On Wednesday, July 1st, Kevin Holleran sold 120,000 shares of Hayward stock. The shares were sold at an average price of $17.28, for a total value of $2,073,600.00.
- On Monday, June 1st, Kevin Holleran sold 52,389 shares of Hayward stock. The shares were sold at an average price of $13.79, for a total value of $722,444.31.
Hayward Stock Down 1.9%
HAYW stock opened at $16.99 on Thursday. Hayward Holdings, Inc. has a fifty-two week low of $12.93 and a fifty-two week high of $17.73. The company has a market capitalization of $3.69 billion, a price-to-earnings ratio of 23.27, a price-to-earnings-growth ratio of 1.82 and a beta of 1.07. The business's 50 day moving average price is $14.71 and its two-hundred day moving average price is $15.18. The company has a debt-to-equity ratio of 0.58, a quick ratio of 2.47 and a current ratio of 3.26.
Hayward (NYSE:HAYW - Get Free Report) last released its earnings results on Wednesday, April 29th. The company reported $0.13 EPS for the quarter, beating analysts' consensus estimates of $0.11 by $0.02. Hayward had a return on equity of 11.45% and a net margin of 13.98%.The company had revenue of $255.22 million during the quarter, compared to analysts' expectations of $239.13 million. During the same quarter last year, the business posted $0.10 EPS. The firm's revenue for the quarter was up 11.5% compared to the same quarter last year. Hayward has set its FY 2026 guidance at 0.840-0.870 EPS. As a group, analysts forecast that Hayward Holdings, Inc. will post 0.86 earnings per share for the current fiscal year.
Analyst Ratings Changes
Several equities analysts have commented on HAYW shares. Jefferies Financial Group reissued a "hold" rating and set a $15.00 price objective (down from $16.00) on shares of Hayward in a research report on Tuesday, March 31st. Bank of America reduced their target price on shares of Hayward from $19.00 to $18.00 and set a "buy" rating on the stock in a research report on Monday, April 20th. Zacks Research lowered shares of Hayward from a "strong-buy" rating to a "hold" rating in a research note on Monday, April 27th. Finally, Weiss Ratings raised shares of Hayward from a "hold (c)" rating to a "hold (c+)" rating in a research report on Tuesday. Two research analysts have rated the stock with a Buy rating and three have issued a Hold rating to the company. According to data from MarketBeat, the company currently has a consensus rating of "Hold" and an average target price of $17.50.
Read Our Latest Research Report on HAYW
Institutional Inflows and Outflows
Institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Oregon Public Employees Retirement Fund raised its stake in 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 last quarter. Hantz Financial Services Inc. grew its stake 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 during the last quarter. Illinois Municipal Retirement Fund increased its holdings in shares of Hayward by 0.8% during the first quarter. Illinois Municipal Retirement Fund now owns 112,055 shares of the company's stock valued at $1,499,000 after acquiring an additional 938 shares in the last quarter. GAMMA Investing LLC raised its position in shares of Hayward by 82.4% in the 4th quarter. GAMMA Investing LLC now owns 2,183 shares of the company's stock worth $34,000 after purchasing an additional 986 shares during the last quarter. Finally, Integrated Wealth Concepts LLC boosted its stake in Hayward by 8.0% in the 4th quarter. Integrated Wealth Concepts LLC now owns 13,903 shares of the company's stock worth $215,000 after purchasing an additional 1,035 shares in the last quarter.
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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