Hayward (NYSE:HAYW) CEO Kevin Holleran Sells 52,389 Shares of Stock

Hayward Holdings, Inc. (NYSE:HAYW) CEO Kevin Holleran sold 52,389 shares of the stock in a transaction on Wednesday, April 1st. The stock was sold at an average price of $13.42, for a total value of $703,060.38. Following the completion of the transaction, the chief executive officer owned 701,234 shares in the company, valued at approximately $9,410,560.28. This represents a 6.95% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Kevin Holleran also recently made the following trade(s):

• On Monday, March 2nd, Kevin Holleran sold 52,389 shares of Hayward stock. The shares were sold at an average price of $15.73, for a total transaction of $824,078.97.
• On Monday, February 2nd, Kevin Holleran sold 52,389 shares of Hayward stock. The stock was sold at an average price of $16.05, for a total transaction of $840,843.45.
• On Monday, January 5th, Kevin Holleran sold 52,390 shares of Hayward stock. The shares were sold at an average price of $15.99, for a total transaction of $837,716.10.

Hayward Stock Down 0.9%

Shares of NYSE HAYW opened at $13.38 on Friday. The company has a debt-to-equity ratio of 0.59, a current ratio of 2.94 and a quick ratio of 2.29. The company has a 50-day moving average price of $15.29 and a 200-day moving average price of $15.62. The stock has a market capitalization of $2.91 billion, a P/E ratio of 19.67, a P/E/G ratio of 1.35 and a beta of 1.18. Hayward Holdings, Inc. has a 1 year low of $11.10 and a 1 year high of $17.73.

Hayward (NYSE:HAYW) last announced its quarterly earnings results on Wednesday, February 25th. The company reported $0.29 earnings per share for the quarter, beating the consensus estimate of $0.28 by $0.01. The business had revenue of $349.38 million for the quarter, compared to analysts’ expectations of $332.84 million. Hayward had a net margin of 13.51% and a return on equity of 11.27%. The firm’s revenue for the quarter was up 6.8% compared to the same quarter last year. During the same quarter last year, the firm earned $0.27 EPS. Hayward has set its FY 2026 guidance at 0.820-0.860 EPS. On average, equities research analysts forecast that Hayward Holdings, Inc. will post 0.6 EPS for the current fiscal year.

Wall Street Analyst Weigh In

Several research analysts recently issued reports on the company. Stifel Nicolaus reaffirmed a “buy” rating and set a $19.50 target price (up from $19.00) on shares of Hayward in a research report on Thursday, February 26th. Jefferies Financial Group restated a “hold” rating and set a $15.00 price objective (down from $16.00) on shares of Hayward in a research note on Tuesday. Weiss Ratings raised shares of Hayward from a “hold (c)” rating to a “buy (b-)” rating in a report on Thursday, February 26th. Zacks Research upgraded shares of Hayward from a “hold” rating to a “strong-buy” rating in a report on Thursday, March 5th. Finally, Bank of America raised shares of Hayward from an “underperform” rating to a “buy” rating and set a $19.00 price target on the stock in a research report on Friday, March 6th. One research analyst has rated the stock with a Strong Buy rating, three have assigned a Buy rating and one has given a Hold rating to the company. According to data from MarketBeat, the company currently has an average rating of “Buy” and a consensus price target of $17.83.

Institutional Trading of Hayward

A number of institutional investors and hedge funds have recently modified their holdings of the business. Covestor Ltd boosted its position in Hayward by 10,452.9% in the third quarter. Covestor Ltd now owns 1,794 shares of the company’s stock worth $27,000 after purchasing an additional 1,777 shares during the last quarter. Hantz Financial Services Inc. increased its position in shares of Hayward by 80.2% during the 4th quarter. Hantz Financial Services Inc. now owns 2,058 shares of the company’s stock valued at $32,000 after purchasing an additional 916 shares during the last quarter. GAMMA Investing LLC increased its position in shares of Hayward by 82.4% during the 4th quarter. GAMMA Investing LLC now owns 2,183 shares of the company’s stock valued at $34,000 after purchasing an additional 986 shares during the last quarter. IFP Advisors Inc raised its stake in shares of Hayward by 103.9% during the 4th quarter. IFP Advisors Inc now owns 2,482 shares of the company’s stock worth $38,000 after purchasing an additional 1,265 shares during the period. Finally, Caitong International Asset Management Co. Ltd purchased a new position in shares of Hayward in the 4th quarter worth about $39,000.

About Hayward

Hayward Holdings, Inc is a leading manufacturer and marketer of residential and commercial swimming pool equipment and related outdoor living products. The company designs, engineers and produces a comprehensive range of products that address water circulation, filtration, heating, sanitation, automation, lighting and cleaning needs for pools and spas. Hayward’s offerings include pumps, filters, heaters, salt and chemical sanitization systems, automation controls, lights, robotic cleaners and various accessories that serve both new pool construction and aftermarket renovation markets.

Hayward’s product portfolio is organized into several core categories.