Hayward Holdings, Inc. $HAYW Shares Acquired by Northern Trust Corp

Northern Trust Corp increased its holdings in Hayward Holdings, Inc. (NYSE:HAYW) by 4.0% in the first quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 1,758,987 shares of the company’s stock after purchasing an additional 67,218 shares during the quarter. Northern Trust Corp owned 0.81% of Hayward worth $24,485,000 at the end of the most recent reporting period.

A number of other large investors also recently bought and sold shares of HAYW. KBC Group NV raised its holdings in Hayward by 51.1% in the 1st quarter. KBC Group NV now owns 9,584 shares of the company’s stock worth $133,000 after purchasing an additional 3,241 shares during the period. Wedmont Private Capital acquired a new position in Hayward in the 1st quarter worth about $142,000. Pacer Advisors Inc. raised its holdings in Hayward by 9.5% in the 1st quarter. Pacer Advisors Inc. now owns 11,165 shares of the company’s stock worth $155,000 after purchasing an additional 969 shares during the period. iSAM Funds UK Ltd acquired a new position in Hayward in the 4th quarter worth about $165,000. Finally, Bridgefront Capital LLC acquired a new position in Hayward in the 4th quarter worth about $172,000.

Insider Buying and Selling

In other news, CFO Eifion Jones sold 20,000 shares of the company’s stock in a transaction that occurred on Wednesday, August 13th. The stock was 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 in the company, valued at $4,739,311.50. This represents a 6.51% decrease in their ownership of the stock. The transaction 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 company’s stock in a transaction that occurred on Monday, August 4th. The shares were sold at an average price of $15.27, for a total value of $924,919.17. Following the completion of the sale, the chief executive officer owned 623,540 shares of the company’s stock, valued at $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. Insiders sold 156,142 shares of company stock valued at $2,347,527 over the last 90 days. Company insiders own 5.06% of the company’s stock.

Hayward Stock Performance

NYSE HAYW opened at $16.07 on Monday. Hayward Holdings, Inc. has a twelve month low of $11.10 and a twelve month high of $16.87. The stock has a 50-day moving average of $15.09 and a 200 day moving average of $14.19. The company has a current ratio of 2.84, a quick ratio of 2.06 and a debt-to-equity ratio of 0.63. The stock has a market capitalization of $3.48 billion, a price-to-earnings ratio of 27.70, a PEG ratio of 2.44 and a beta of 1.13.

Hayward (NYSE:HAYW) last posted its quarterly earnings data on Wednesday, July 30th. The company reported $0.24 EPS 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 company had revenue of $299.60 million during the quarter, compared to analyst estimates of $291.17 million. During the same period in the previous year, the business earned $0.21 EPS. Hayward’s quarterly revenue was up 5.3% on a year-over-year basis. Hayward has set its FY 2025 guidance at EPS. Sell-side analysts anticipate that Hayward Holdings, Inc. will post 0.6 EPS for the current fiscal year.

Hayward Company 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.