Rhumbline Advisers Has $4.51 Million Holdings in Hayward Holdings, Inc. (NYSE:HAYW)

Rhumbline Advisers reduced its stake in shares of Hayward Holdings, Inc. (NYSE:HAYW) by 2.2% during the 1st quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 323,612 shares of the company’s stock after selling 7,301 shares during the period. Rhumbline Advisers owned 0.15% of Hayward worth $4,505,000 at the end of the most recent quarter.

Other institutional investors also recently bought and sold shares of the company. Blue Trust Inc. increased its holdings in shares of Hayward by 30.2% during the 4th quarter. Blue Trust Inc. now owns 2,891 shares of the company’s stock valued at $44,000 after acquiring an additional 671 shares during the last quarter. Sterling Capital Management LLC boosted its position in Hayward by 61.9% during the fourth quarter. Sterling Capital Management LLC now owns 8,546 shares of the company’s stock worth $131,000 after purchasing an additional 3,268 shares during the period. iSAM Funds UK Ltd bought a new stake in Hayward during the fourth quarter worth approximately $165,000. Bridgefront Capital LLC bought a new stake in Hayward during the fourth quarter worth approximately $172,000. Finally, Corient Private Wealth LLC boosted its position in Hayward by 6.9% during the fourth quarter. Corient Private Wealth LLC now owns 12,228 shares of the company’s stock worth $187,000 after purchasing an additional 787 shares during the period.

Wall Street Analyst Weigh In

A number of brokerages have recently weighed in on HAYW. Wolfe Research cut shares of Hayward from an “outperform” rating to a “peer perform” rating in a research note on Thursday, April 3rd. 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 report on Friday, February 28th. Four equities research analysts have rated the stock with a hold rating and one has given a buy rating to the company. According to data from MarketBeat.com, the company has an average rating of “Hold” and a consensus price target of $17.13.

Insider Activity at Hayward

In other Hayward news, CEO Kevin Holleran sold 50,000 shares of Hayward stock in a transaction on Monday, May 5th. The shares were sold at an average price of $14.06, for a total transaction of $703,000.00. Following the sale, the chief executive officer now owns 623,540 shares in the company, valued at $8,766,972.40. The trade was a 7.42% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. 5.06% of the stock is owned by corporate insiders.

Hayward Stock Down 2.1%

Shares of HAYW stock opened at $13.64 on Friday. Hayward Holdings, Inc. has a 12 month low of $11.10 and a 12 month high of $16.87. The firm has a market cap of $2.95 billion, a PE ratio of 32.48, a price-to-earnings-growth ratio of 1.87 and a beta of 1.14. The stock has a 50 day moving average of $13.45 and a 200-day moving average of $14.31. The company has a quick ratio of 1.69, a current ratio of 2.62 and a debt-to-equity ratio of 0.70.

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

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.