New York State Common Retirement Fund Has $2.79 Million Stock Position in Hayward Holdings, Inc. $HAYW

New York State Common Retirement Fund lowered its stake in Hayward Holdings, Inc. (NYSE:HAYW) by 15.3% during the third quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 184,338 shares of the company’s stock after selling 33,246 shares during the quarter. New York State Common Retirement Fund owned about 0.09% of Hayward worth $2,787,000 at the end of the most recent reporting period.

Other large investors also recently made changes to their positions in the company. Royal Bank of Canada lifted its position in Hayward by 36.2% in the 1st quarter. Royal Bank of Canada now owns 126,506 shares of the company’s stock valued at $1,760,000 after acquiring an additional 33,614 shares in the last quarter. Millennium Management LLC raised its stake in shares of Hayward by 6.8% in the 1st quarter. Millennium Management LLC now owns 486,132 shares of the company’s stock valued at $6,767,000 after purchasing an additional 30,763 shares during the period. Jane Street Group LLC lifted its holdings in shares of Hayward by 8.2% in the first quarter. Jane Street Group LLC now owns 38,064 shares of the company’s stock valued at $530,000 after purchasing an additional 2,885 shares in the last quarter. Truist Financial Corp boosted its position in shares of Hayward by 10.3% during the second quarter. Truist Financial Corp now owns 17,609 shares of the company’s stock worth $243,000 after buying an additional 1,638 shares during the period. Finally, KLP Kapitalforvaltning AS boosted its position in shares of Hayward by 16.5% during the second quarter. KLP Kapitalforvaltning AS now owns 43,700 shares of the company’s stock worth $603,000 after buying an additional 6,200 shares during the period.

Analysts Set New Price Targets

A number of equities research analysts recently issued reports on HAYW shares. Weiss Ratings reissued a “hold (c)” rating on shares of Hayward in a research report on Monday, December 29th. Zacks Research cut shares of Hayward from a “strong-buy” rating to a “hold” rating in a research note on Monday, December 29th. One equities research analyst has rated the stock with a Buy rating and four have issued a Hold rating to the company’s stock. According to MarketBeat, Hayward currently has an average rating of “Hold” and a consensus target price of $18.00.

Insider Activity at Hayward

In other news, CEO Kevin Holleran sold 52,389 shares of the stock in a transaction that occurred on Monday, February 2nd. The stock was sold at an average price of $16.05, for a total value of $840,843.45. Following the completion of the sale, the chief executive officer owned 623,540 shares of the company’s stock, valued at approximately $10,007,817. This represents a 7.75% decrease in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. Over the last three months, insiders sold 165,350 shares of company stock valued at $2,655,570. Corporate insiders own 5.06% of the company’s stock.

Hayward Stock Performance

HAYW opened at $16.74 on Friday. The business’s 50-day simple moving average is $16.13 and its 200 day simple moving average is $15.82. Hayward Holdings, Inc. has a 52-week low of $11.10 and a 52-week high of $17.73. The company has a debt-to-equity ratio of 0.62, a quick ratio of 2.31 and a current ratio of 3.18. The firm has a market capitalization of $3.63 billion, a PE ratio of 27.00, a PEG ratio of 1.56 and a beta of 1.13.

Hayward Company Profile

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.