Charles Schwab Investment Management Inc. Purchases 123,478 Shares of Hayward Holdings, Inc. $HAYW

Charles Schwab Investment Management Inc. increased its position in shares of Hayward Holdings, Inc. (NYSE:HAYW) by 8.6% in the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 1,553,193 shares of the company’s stock after buying an additional 123,478 shares during the period. Charles Schwab Investment Management Inc. owned 0.72% of Hayward worth $21,620,000 at the end of the most recent reporting period.

Other large investors have also modified their holdings of the company. KBC Group NV boosted its holdings in shares of Hayward by 51.1% during the 1st quarter. KBC Group NV now owns 9,584 shares of the company’s stock worth $133,000 after buying an additional 3,241 shares during the period. Principal Financial Group Inc. boosted its holdings in shares of Hayward by 2.4% during the 1st quarter. Principal Financial Group Inc. now owns 706,002 shares of the company’s stock worth $9,828,000 after buying an additional 16,522 shares during the period. Cerity Partners LLC boosted its holdings in shares of Hayward by 0.9% during the 1st quarter. Cerity Partners LLC now owns 99,195 shares of the company’s stock worth $1,381,000 after buying an additional 869 shares during the period. Deutsche Bank AG boosted its holdings in shares of Hayward by 767.8% during the 4th quarter. Deutsche Bank AG now owns 89,346 shares of the company’s stock worth $1,366,000 after buying an additional 79,050 shares during the period. Finally, Jane Street Group LLC bought a new stake in shares of Hayward during the 4th quarter worth $538,000.

Hayward Price Performance

Shares of Hayward stock opened at $15.7950 on Friday. The company has a debt-to-equity ratio of 0.63, a current ratio of 2.84 and a quick ratio of 2.06. Hayward Holdings, Inc. has a fifty-two week low of $11.10 and a fifty-two week high of $16.87. The firm has a fifty day moving average price of $14.76 and a two-hundred day moving average price of $14.11. The company has a market cap of $3.42 billion, a PE ratio of 27.23, a price-to-earnings-growth ratio of 2.41 and a beta of 1.13.

Hayward (NYSE:HAYW) last issued its quarterly earnings results on Wednesday, July 30th. The company reported $0.24 earnings per share for the quarter, beating analysts’ consensus estimates of $0.22 by $0.02. Hayward had a net margin of 12.04% and a return on equity of 11.07%. The firm 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 firm earned $0.21 EPS. The business’s revenue was up 5.3% on a year-over-year basis. Hayward has set its FY 2025 guidance at EPS. Analysts expect that Hayward Holdings, Inc. will post 0.6 EPS for the current year.

Insiders Place Their Bets

In other Hayward news, CFO Eifion Jones sold 20,000 shares of the stock in a transaction on Wednesday, August 13th. The shares were sold at an average price of $16.50, for a total value of $330,000.00. Following the completion of the sale, the chief financial officer directly owned 287,231 shares of the company’s stock, valued at $4,739,311.50. This represents a 6.51% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, CEO Kevin Holleran sold 60,571 shares of the stock in a transaction on Monday, August 4th. The shares were sold at an average price of $15.27, for a total transaction of $924,919.17. Following the completion of the sale, the chief executive officer directly owned 623,540 shares of the company’s stock, valued at approximately $9,521,455.80. This trade represents a 8.85% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last three months, insiders sold 156,142 shares of company stock valued at $2,347,527. 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.