Thrivent Financial for Lutherans Buys 38,866 Shares of Hayward Holdings, Inc. $HAYW

Thrivent Financial for Lutherans increased its stake in Hayward Holdings, Inc. (NYSE:HAYW) by 37.0% during the third quarter, according to its most recent Form 13F filing with the SEC. The firm owned 143,832 shares of the company’s stock after purchasing an additional 38,866 shares during the period. Thrivent Financial for Lutherans owned approximately 0.07% of Hayward worth $2,175,000 as of its most recent filing with the SEC.

Other institutional investors and hedge funds have also bought and sold shares of the company. Amalgamated Bank grew its stake in Hayward by 1.7% during the second quarter. Amalgamated Bank now owns 43,996 shares of the company’s stock worth $607,000 after buying an additional 724 shares in the last quarter. Yousif Capital Management LLC lifted its holdings in shares of Hayward by 2.0% during the 2nd quarter. Yousif Capital Management LLC now owns 53,670 shares of the company’s stock worth $741,000 after acquiring an additional 1,049 shares during the period. Harbor Investment Advisory LLC boosted its position in shares of Hayward by 19.3% during the 3rd quarter. Harbor Investment Advisory LLC now owns 7,842 shares of the company’s stock worth $119,000 after acquiring an additional 1,271 shares in the last quarter. Kornitzer Capital Management Inc. KS increased its stake in Hayward by 2.4% in the third quarter. Kornitzer Capital Management Inc. KS now owns 56,298 shares of the company’s stock valued at $851,000 after acquiring an additional 1,298 shares during the last quarter. Finally, Teacher Retirement System of Texas raised its position in Hayward by 5.5% during the second quarter. Teacher Retirement System of Texas now owns 31,148 shares of the company’s stock valued at $430,000 after purchasing an additional 1,613 shares in the last quarter.

Hayward Stock Up 1.8%

Shares of HAYW opened at $16.92 on Wednesday. The company has a debt-to-equity ratio of 0.62, a quick ratio of 2.31 and a current ratio of 3.18. Hayward Holdings, Inc. has a 52 week low of $11.10 and a 52 week high of $17.73. The stock has a market capitalization of $3.67 billion, a price-to-earnings ratio of 27.29, a PEG ratio of 1.55 and a beta of 1.13. The stock has a fifty day moving average of $16.15 and a 200-day moving average of $15.85.

Insider Activity at Hayward

In other news, CEO Kevin Holleran sold 52,389 shares of Hayward stock in a transaction dated Monday, February 2nd. The stock was sold at an average price of $16.05, for a total transaction of $840,843.45. Following the sale, the chief executive officer directly owned 623,540 shares of the company’s stock, valued at approximately $10,007,817. This trade represents a 7.75% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Insiders sold 165,350 shares of company stock worth $2,655,570 over the last quarter. Company insiders own 5.06% of the company’s stock.

Analysts Set New Price Targets

HAYW has been the topic of a number of research analyst reports. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Hayward in a report on Monday, December 29th. Zacks Research downgraded Hayward from a “strong-buy” rating to a “hold” rating in a research report on Monday, December 29th. One analyst has rated the stock with a Buy rating and four have given a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company has an average rating of “Hold” and a consensus target price of $18.00.

Hayward 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.