Key Points
- Hayward CEO Kevin Holleran sold 50,000 shares at an average price of $13.85, generating $692,500. The Rule 10b5-1 transaction reduced his direct ownership by 6.66% to 701,234 shares.
- Holleran has also sold 220,000 shares in three transactions since late June, totaling approximately $3.69 million in proceeds.
- Hayward recently exceeded quarterly earnings and revenue expectations, while analysts maintain a generally neutral outlook: the stock has an average “Hold” rating and a $17.50 price target.
Hayward Holdings, Inc. (NYSE:HAYW - Get Free Report) CEO Kevin Holleran sold 50,000 shares of the firm's stock in a transaction on Tuesday, September 1st. The shares were sold at an average price of $13.85, for a total transaction of $692,500.00. Following the completion of the transaction, the chief executive officer directly owned 701,234 shares in the company, valued at $9,712,090.90. This trade represents a 6.66% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through 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, August 3rd, Kevin Holleran sold 50,000 shares of Hayward stock. The stock was sold at an average price of $15.31, for a total transaction of $765,500.00.
- On Wednesday, July 1st, Kevin Holleran sold 120,000 shares of Hayward stock. The stock was sold at an average price of $17.28, for a total transaction of $2,073,600.00.
- On Tuesday, June 30th, Kevin Holleran sold 50,000 shares of Hayward stock. The stock was sold at an average price of $17.07, for a total transaction of $853,500.00.
Hayward Price Performance
Shares of NYSE HAYW opened at $13.62 on Thursday. The stock has a market cap of $2.89 billion, a price-to-earnings ratio of 18.41, a PEG ratio of 1.25 and a beta of 1.10. The company has a debt-to-equity ratio of 0.59, a quick ratio of 2.49 and a current ratio of 3.33. Hayward Holdings, Inc. has a fifty-two week low of $12.93 and a fifty-two week high of $17.73. The firm's 50-day simple moving average is $15.29 and its 200 day simple moving average is $14.84.
Hayward (NYSE:HAYW - Get Free Report) last issued its quarterly earnings data on Wednesday, July 29th. The company reported $0.26 EPS for the quarter, topping 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 firm had revenue of $318.38 million during the quarter, compared to analyst estimates of $303.35 million. During the same period in the previous year, the company posted $0.24 EPS. The company's revenue for the quarter was up 6.3% on a year-over-year basis. Hayward has set its FY 2026 guidance at 0.840-0.870 EPS. As a group, research analysts anticipate that Hayward Holdings, Inc. will post 0.87 earnings per share for the current fiscal year.
Institutional Investors Weigh In On Hayward
A number of institutional investors and hedge funds have recently made changes to their positions in the business. BlackRock Inc. bought a new stake in Hayward during the second quarter valued at $422,455,000. Vanguard Group Inc. raised its holdings in shares of Hayward by 0.5% in the 4th quarter. Vanguard Group Inc. now owns 20,933,077 shares of the company's stock valued at $323,416,000 after acquiring an additional 105,472 shares in the last quarter. JPMorgan Chase & Co. raised its holdings in shares of Hayward by 2.0% in the 4th quarter. JPMorgan Chase & Co. now owns 11,911,977 shares of the company's stock valued at $184,040,000 after acquiring an additional 228,397 shares in the last quarter. Fiduciary Management Inc. WI boosted its position in shares of Hayward by 13.2% during the 4th quarter. Fiduciary Management Inc. WI now owns 9,089,866 shares of the company's stock valued at $140,438,000 after acquiring an additional 1,063,380 shares during the last quarter. Finally, Wellington Management Group LLP boosted its position in shares of Hayward by 9.1% during the 3rd quarter. Wellington Management Group LLP now owns 7,546,816 shares of the company's stock valued at $114,108,000 after acquiring an additional 627,866 shares during the last quarter.
Wall Street Analyst Weigh In
Several equities analysts have weighed in on the company. KeyCorp restated a "sector weight" rating on shares of Hayward in a research note on Monday, July 20th. The Goldman Sachs Group reissued a "neutral" rating on shares of Hayward in a research report on Wednesday, July 29th. Cantor Fitzgerald restated a "neutral" rating on shares of Hayward in a report on Monday, July 6th. Finally, Weiss Ratings raised shares of Hayward from a "hold (c)" rating to a "hold (c+)" rating in a research report on Thursday, July 30th. Two research analysts have rated the stock with a Buy rating and six have assigned a Hold rating to the company. According to data from MarketBeat.com, the company presently has an average rating of "Hold" and an average price target of $17.50.
View Our Latest Report on HAYW
Hayward Company Profile
(
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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