Hayward Holdings, Inc. (NYSE:HAYW) Shares Purchased by Captrust Financial Advisors

Captrust Financial Advisors boosted its stake in Hayward Holdings, Inc. (NYSE:HAYW) by 123.4% during the fourth quarter, according to its most recent 13F filing with the SEC. The firm owned 31,540 shares of the company’s stock after acquiring an additional 17,423 shares during the quarter. Captrust Financial Advisors’ holdings in Hayward were worth $482,000 as of its most recent filing with the SEC.

Other institutional investors have also recently added to or reduced their stakes in the company. Principal Financial Group Inc. grew its stake in Hayward by 7.2% in the 3rd quarter. Principal Financial Group Inc. now owns 668,396 shares of the company’s stock valued at $10,253,000 after acquiring an additional 44,978 shares during the period. Oppenheimer Asset Management Inc. grew its stake in Hayward by 53.4% in the 4th quarter. Oppenheimer Asset Management Inc. now owns 57,401 shares of the company’s stock valued at $878,000 after acquiring an additional 19,983 shares during the period. Merit Financial Group LLC acquired a new stake in Hayward in the 4th quarter valued at $287,000. SG Americas Securities LLC grew its stake in Hayward by 151.9% in the 4th quarter. SG Americas Securities LLC now owns 69,965 shares of the company’s stock valued at $1,070,000 after acquiring an additional 42,195 shares during the period. Finally, Lecap Asset Management Ltd. acquired a new stake in Hayward in the 4th quarter valued at $665,000.

Hayward Trading Up 1.2%

Shares of HAYW stock opened at $14.52 on Monday. The company’s 50-day moving average price is $13.31 and its 200-day moving average price is $14.57. The company has a current ratio of 2.62, a quick ratio of 1.69 and a debt-to-equity ratio of 0.70. The stock has a market cap of $3.14 billion, a price-to-earnings ratio of 34.56, a PEG ratio of 1.87 and a beta of 1.15. Hayward Holdings, Inc. has a twelve month low of $11.10 and a twelve month high of $16.87.

Hayward (NYSE:HAYW) last announced its quarterly earnings results on Thursday, May 1st. The company reported $0.10 earnings per share for the quarter, beating the consensus estimate of $0.09 by $0.01. The firm had revenue of $228.84 million for the quarter, compared to analysts’ expectations of $216.37 million. Hayward had a net margin of 9.47% and a return on equity of 9.93%. The company’s revenue was up 7.7% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.08 EPS. As a group, equities analysts predict that Hayward Holdings, Inc. will post 0.6 earnings per share for the current year.

Analyst Ratings Changes

Several brokerages have issued reports on HAYW. Robert W. Baird lifted their target price on shares of Hayward from $17.00 to $18.00 and gave the stock a “neutral” rating in a research note on Friday, February 28th. Wolfe Research cut shares of Hayward from an “outperform” rating to a “peer perform” rating in a research note on Thursday, April 3rd. Finally, Stifel Nicolaus raised shares of Hayward from a “hold” rating to a “buy” rating and set a $16.50 target price on the stock in a research note on Wednesday, February 5th. Four research analysts have rated the stock with a hold rating and one has issued a buy rating to the company’s stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Hold” and an average price target of $17.13.

Insider Activity

In other Hayward news, CEO Kevin Holleran sold 50,000 shares of the stock in a transaction dated Thursday, April 3rd. The shares were sold at an average price of $12.52, for a total transaction of $626,000.00. Following the completion of the transaction, the chief executive officer now owns 623,540 shares of the company’s stock, valued at $7,806,720.80. This trade represents a 7.42% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Corporate insiders own 5.06% of the company’s stock.

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.