Blair William & Co. IL Buys 5,513 Shares of Hayward Holdings, Inc. (NYSE:HAYW)

Blair William & Co. IL lifted its stake in shares of Hayward Holdings, Inc. (NYSE:HAYW) by 26.3% in the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 26,449 shares of the company’s stock after acquiring an additional 5,513 shares during the quarter. Blair William & Co. IL’s holdings in Hayward were worth $368,000 at the end of the most recent reporting period.

A number of other hedge funds also recently made changes to their positions in the stock. Michael & Susan Dell Foundation grew its stake in shares of Hayward by 247.6% during the 4th quarter. Michael & Susan Dell Foundation now owns 8,984,492 shares of the company’s stock valued at $137,373,000 after acquiring an additional 6,400,000 shares during the period. Kovitz Investment Group Partners LLC boosted its stake in Hayward by 385.5% in the 4th quarter. Kovitz Investment Group Partners LLC now owns 8,433,106 shares of the company’s stock worth $128,942,000 after purchasing an additional 6,696,170 shares during the period. Dimensional Fund Advisors LP boosted its stake in Hayward by 8.8% in the 4th quarter. Dimensional Fund Advisors LP now owns 4,873,782 shares of the company’s stock worth $74,520,000 after purchasing an additional 392,695 shares during the period. Fiduciary Management Inc. WI bought a new position in Hayward in the 4th quarter worth approximately $62,949,000. Finally, Jennison Associates LLC boosted its stake in Hayward by 5.8% in the 1st quarter. Jennison Associates LLC now owns 3,575,410 shares of the company’s stock worth $49,770,000 after purchasing an additional 194,543 shares during the period.

Insider Activity at Hayward

In other news, CFO Eifion Jones sold 15,000 shares of the company’s stock in a transaction that occurred on Wednesday, July 30th. The stock was sold at an average price of $15.50, for a total transaction of $232,500.00. Following the sale, the chief financial officer directly owned 287,231 shares of the company’s stock, valued at $4,452,080.50. This represents a 4.96% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, CEO Kevin Holleran sold 60,571 shares of the company’s stock in a transaction that occurred on Thursday, July 3rd. The stock was sold at an average price of $14.20, for a total value of $860,108.20. Following the sale, the chief executive officer directly owned 623,540 shares in the company, valued at $8,854,268. This trade represents a 8.85% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 136,142 shares of company stock valued at $2,017,527 over the last 90 days. 5.06% of the stock is currently owned by corporate insiders.

Hayward Trading Up 0.8%

HAYW stock opened at $15.31 on Tuesday. Hayward Holdings, Inc. has a 1-year low of $11.10 and a 1-year high of $16.87. The company has a debt-to-equity ratio of 0.63, a current ratio of 2.84 and a quick ratio of 2.06. The company has a market capitalization of $3.32 billion, a price-to-earnings ratio of 26.39, a PEG ratio of 2.31 and a beta of 1.13. The business has a 50 day simple moving average of $14.47 and a two-hundred day simple moving average of $14.04.

Hayward (NYSE:HAYW) last posted its quarterly earnings results on Wednesday, July 30th. The company reported $0.24 earnings per share for the quarter, topping the consensus estimate of $0.22 by $0.02. Hayward had a return on equity of 11.07% and a net margin of 12.04%. The business had revenue of $299.60 million during the quarter, compared to the consensus estimate of $291.17 million. During the same period in the prior year, the company posted $0.21 EPS. The firm’s revenue for the quarter was up 5.3% compared to the same quarter last year. Research analysts anticipate that Hayward Holdings, Inc. will post 0.6 EPS for the current fiscal year.

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.