Hayward Holdings, Inc. (NYSE:HAYW) Holdings Raised by New York State Teachers Retirement System

New York State Teachers Retirement System grew its position in Hayward Holdings, Inc. (NYSE:HAYW) by 40.4% in the fourth quarter, Holdings Channel.com reports. The fund owned 44,356 shares of the company’s stock after buying an additional 12,767 shares during the period. New York State Teachers Retirement System’s holdings in Hayward were worth $603,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors have also made changes to their positions in the company. MetLife Investment Management LLC boosted its position in Hayward by 56.8% during the 2nd quarter. MetLife Investment Management LLC now owns 2,186 shares of the company’s stock valued at $28,000 after purchasing an additional 792 shares during the period. Healthcare of Ontario Pension Plan Trust Fund acquired a new position in Hayward during the 1st quarter valued at approximately $29,000. Ensign Peak Advisors Inc boosted its position in Hayward by 918.8% during the 3rd quarter. Ensign Peak Advisors Inc now owns 3,260 shares of the company’s stock valued at $29,000 after purchasing an additional 2,940 shares during the period. Pacer Advisors Inc. acquired a new position in Hayward during the 4th quarter valued at approximately $37,000. Finally, Advisory Services Network LLC boosted its position in Hayward by 44.7% during the 1st quarter. Advisory Services Network LLC now owns 3,237 shares of the company’s stock valued at $38,000 after purchasing an additional 1,000 shares during the period.

Analyst Upgrades and Downgrades

A number of research analysts recently issued reports on HAYW shares. Stifel Nicolaus boosted their price objective on Hayward from $13.50 to $14.50 and gave the company a “hold” rating in a research report on Tuesday, March 5th. The Goldman Sachs Group boosted their price target on Hayward from $12.00 to $15.00 and gave the stock a “neutral” rating in a research report on Monday, March 4th. TheStreet upgraded Hayward from a “d+” rating to a “c-” rating in a research report on Monday, January 22nd. Finally, Jefferies Financial Group lowered Hayward from a “buy” rating to a “hold” rating and reduced their price target for the stock from $15.00 to $14.00 in a research report on Thursday, January 11th. Four investment analysts have rated the stock with a hold rating and one has assigned a buy rating to the company. According to data from MarketBeat, Hayward currently has a consensus rating of “Hold” and a consensus price target of $14.70.

Hayward Trading Down 0.6 %

Shares of Hayward stock opened at $13.17 on Friday. The company has a quick ratio of 2.13, a current ratio of 3.02 and a debt-to-equity ratio of 0.82. The firm has a market cap of $2.82 billion, a price-to-earnings ratio of 36.58 and a beta of 1.22. The business has a fifty day simple moving average of $14.03 and a 200-day simple moving average of $12.98. Hayward Holdings, Inc. has a fifty-two week low of $9.80 and a fifty-two week high of $16.04.

Hayward (NYSE:HAYW) last announced its quarterly earnings data on Thursday, February 29th. The company reported $0.20 earnings per share for the quarter, beating the consensus estimate of $0.18 by $0.02. The business had revenue of $278.50 million during the quarter, compared to analyst estimates of $271.47 million. Hayward had a return on equity of 9.55% and a net margin of 8.13%. The company’s revenue was up 7.5% on a year-over-year basis. During the same quarter in the prior year, the firm posted $0.10 earnings per share. On average, equities analysts forecast that Hayward Holdings, Inc. will post 0.57 EPS for the current fiscal year.

Insider Activity

In other news, CEO Kevin Holleran sold 42,857 shares of the company’s stock in a transaction on Wednesday, April 17th. The stock was sold at an average price of $13.34, for a total value of $571,712.38. Following the completion of the sale, the chief executive officer now owns 522,799 shares in the company, valued at $6,974,138.66. The sale was disclosed in a legal filing with the SEC, which is available at this link. Insiders own 3.20% of the company’s stock.

Hayward Profile

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.