Teachers Retirement System of The State of Kentucky Purchases 34,287 Shares of Hayward Holdings, Inc. $HAYW

Teachers Retirement System of The State of Kentucky grew its holdings in Hayward Holdings, Inc. (NYSE:HAYW) by 26.7% during the 3rd quarter, HoldingsChannel reports. The firm owned 162,591 shares of the company’s stock after acquiring an additional 34,287 shares during the quarter. Teachers Retirement System of The State of Kentucky’s holdings in Hayward were worth $2,458,000 as of its most recent filing with the SEC.

Several other large investors have also made changes to their positions in HAYW. Vanguard Group Inc. grew its holdings in Hayward by 5.4% in the 3rd quarter. Vanguard Group Inc. now owns 20,827,605 shares of the company’s stock valued at $314,913,000 after buying an additional 1,074,072 shares during the last quarter. JPMorgan Chase & Co. lifted its holdings in shares of Hayward by 29.0% during the third quarter. JPMorgan Chase & Co. now owns 11,683,580 shares of the company’s stock worth $176,656,000 after buying an additional 2,627,348 shares during the last quarter. Victory Capital Management Inc. boosted its position in shares of Hayward by 4.1% in the third quarter. Victory Capital Management Inc. now owns 6,830,474 shares of the company’s stock valued at $103,277,000 after acquiring an additional 271,402 shares during the period. American Century Companies Inc. boosted its position in shares of Hayward by 3.3% in the third quarter. American Century Companies Inc. now owns 6,650,091 shares of the company’s stock valued at $100,549,000 after acquiring an additional 211,075 shares during the period. Finally, Greenhouse Funds LLLP grew its stake in shares of Hayward by 14.5% in the second quarter. Greenhouse Funds LLLP now owns 5,253,834 shares of the company’s stock worth $72,503,000 after acquiring an additional 664,737 shares during the last quarter.

Insiders Place Their Bets

In related news, CEO Kevin Holleran sold 52,389 shares of the stock in a transaction dated Monday, March 2nd. The shares were sold at an average price of $15.73, for a total value of $824,078.97. Following the completion of the transaction, the chief executive officer owned 748,540 shares of the company’s stock, valued at $11,774,534.20. This represents a 6.54% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Insiders have sold a total of 217,739 shares of company stock valued at $3,479,649 over the last quarter. Insiders own 5.06% of the company’s stock.

Wall Street Analyst Weigh In

HAYW has been the subject of several research analyst reports. Stifel Nicolaus reiterated a “buy” rating and set a $19.50 target price (up from $19.00) on shares of Hayward in a research note on Thursday, February 26th. Zacks Research lowered shares of Hayward from a “strong-buy” rating to a “hold” rating in a research report on Monday, December 29th. Finally, Weiss Ratings raised shares of Hayward from a “hold (c)” rating to a “buy (b-)” rating in a research report on Thursday, February 26th. Two research analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the stock. According to data from MarketBeat, Hayward has a consensus rating of “Moderate Buy” and an average price target of $19.50.

Hayward Stock Performance

Shares of NYSE HAYW opened at $15.51 on Thursday. The firm has a market capitalization of $3.37 billion, a price-to-earnings ratio of 22.81, a PEG ratio of 2.08 and a beta of 1.13. Hayward Holdings, Inc. has a one year low of $11.10 and a one year high of $17.73. The business has a fifty day simple moving average of $16.20 and a 200 day simple moving average of $15.91. The company has a current ratio of 2.94, a quick ratio of 2.29 and a debt-to-equity ratio of 0.59.

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

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.