Nuveen LLC Buys Shares of 849,230 Hayward Holdings, Inc. $HAYW

Nuveen LLC acquired a new position in shares of Hayward Holdings, Inc. (NYSE:HAYW) during the 1st quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm acquired 849,230 shares of the company’s stock, valued at approximately $11,821,000. Nuveen LLC owned approximately 0.39% of Hayward at the end of the most recent quarter.

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

Insider Buying and Selling

In other news, CEO Kevin Holleran sold 60,571 shares of Hayward stock in a transaction on Monday, August 4th. The stock was sold at an average price of $15.27, for a total value of $924,919.17. Following the transaction, the chief executive officer owned 623,540 shares in the company, valued at approximately $9,521,455.80. This trade represents a 8.85% decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, CFO Eifion Jones sold 20,000 shares of Hayward stock in a transaction dated Wednesday, August 13th. The stock was sold at an average price of $16.50, for a total value of $330,000.00. Following the transaction, the chief financial officer directly owned 287,231 shares in the company, valued at $4,739,311.50. The trade was a 6.51% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 156,142 shares of company stock valued at $2,347,527. Insiders own 5.06% of the company’s stock.

Hayward Trading Up 4.6%

HAYW stock opened at $16.5440 on Friday. The company has a market cap of $3.59 billion, a P/E ratio of 28.52, a PEG ratio of 2.40 and a beta of 1.13. Hayward Holdings, Inc. has a twelve month low of $11.10 and a twelve month high of $16.87. The company has a quick ratio of 2.06, a current ratio of 2.84 and a debt-to-equity ratio of 0.63. The business has a fifty day moving average of $14.82 and a 200-day moving average of $14.12.

Hayward (NYSE:HAYW) last released its earnings results on Wednesday, July 30th. The company reported $0.24 earnings per share for the quarter, topping analysts’ consensus estimates of $0.22 by $0.02. The company had revenue of $299.60 million during the quarter, compared to the consensus estimate of $291.17 million. Hayward had a return on equity of 11.07% and a net margin of 12.04%.The firm’s quarterly revenue was up 5.3% on a year-over-year basis. During the same quarter in the previous year, the company posted $0.21 earnings per share. Hayward has set its FY 2025 guidance at EPS. As a group, equities research analysts expect 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.