Hayward Holdings, Inc. (NYSE:HAYW) Stock Has Consensus Price Target of $16.62 According to Brokerages

Hayward Holdings, Inc. (NYSE:HAYW) has been given an average recommendation of “Hold” by the nine ratings firms that are covering the company, Marketbeat Ratings reports. Seven research analysts have rated the stock with a hold recommendation and two have given a buy recommendation to the company. The average 1 year target price among brokers that have issued a report on the stock in the last year is $16.62.

HAYW has been the subject of a number of analyst reports. Cantor Fitzgerald reissued a “neutral” rating on shares of Hayward in a research report on Monday, July 6th. Wolfe Research assumed coverage on shares of Hayward in a report on Tuesday, September 15th. They issued a “peer perform” rating on the stock. Weiss Ratings cut shares of Hayward from a “hold (c+)” rating to a “hold (c)” rating in a report on Monday, September 14th. KeyCorp reiterated a “sector weight” rating on shares of Hayward in a research note on Monday, July 20th. Finally, The Goldman Sachs Group decreased their price target on shares of Hayward from $17.00 to $14.00 and set a “neutral” rating for the company in a research note on Friday, October 9th.

Hayward Trading Up 0.5%

HAYW opened at $11.57 on Wednesday. Hayward has a 12 month low of $11.24 and a 12 month high of $17.73. The stock has a market capitalization of $2.45 billion, a price-to-earnings ratio of 15.64, a PEG ratio of 1.07 and a beta of 1.18. The company has a debt-to-equity ratio of 0.59, a current ratio of 3.33 and a quick ratio of 2.49. The business has a fifty day moving average price of $13.57 and a 200 day moving average price of $14.33.

Hayward (NYSE:HAYW) last issued its quarterly earnings results on Wednesday, July 29th. The company reported $0.26 earnings per share for the quarter, topping the consensus estimate of $0.24 by $0.02. The company had revenue of $318.38 million for the quarter, compared to the consensus estimate of $303.35 million. Hayward had a return on equity of 11.61% and a net margin of 13.83%. Hayward’s revenue was up 6.3% on a year-over-year basis. During the same quarter in the prior year, the business earned $0.24 EPS. Hayward has set its FY 2026 guidance at 0.840-0.870 EPS. Sell-side analysts expect that Hayward will post 0.86 earnings per share for the current fiscal year.

Insider Buying and Selling

In other news, SVP Susan M. Canning sold 3,500 shares of Hayward stock in a transaction on Tuesday, September 15th. The shares were sold at an average price of $12.84, for a total transaction of $44,940.00. Following the completion of the sale, the senior vice president directly owned 167,911 shares of the company’s stock, valued at approximately $2,155,977.24. The trade was a 2.04% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CEO Kevin Holleran sold 50,000 shares of Hayward stock in a transaction on Monday, October 5th. The stock was sold at an average price of $12.40, for a total transaction of $620,000.00. Following the sale, the chief executive officer directly owned 401,234 shares of the company’s stock, valued at approximately $4,975,301.60. This trade represents a 11.08% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last three months, insiders sold 153,500 shares of company stock worth $2,122,940. Insiders own 4.73% of the company’s stock.

Hedge Funds Weigh In On Hayward

Several large investors have recently bought and sold shares of the business. BlackRock Inc. purchased a new position in shares of Hayward during the second quarter worth approximately $422,455,000. Reinhart Partners LLC. acquired a new position in shares of Hayward in the 3rd quarter valued at $38,607,000. Focus Partners Wealth increased its holdings in shares of Hayward by 17,180.8% in the 4th quarter. Focus Partners Wealth now owns 2,576,737 shares of the company’s stock valued at $39,811,000 after acquiring an additional 2,561,826 shares during the period. Bank of America Corp DE acquired a new position in shares of Hayward in the 2nd quarter valued at $33,306,000. Finally, Bank of New York Mellon Corp purchased a new stake in Hayward in the 2nd quarter valued at $28,916,000.

Hayward Company Profile

Hayward Holdings, Inc designs, manufactures and markets equipment and technologies used in residential and commercial swimming pools and spas. Its products are intended to support water circulation, filtration, heating, cleaning, sanitation and overall pool management.

The company’s product portfolio includes pumps, filters, heaters, heat pumps, salt-chlorination systems, automatic cleaners, lighting, valves, controls and connected pool-management technologies. Hayward sells products under the Hayward brand and through related product lines, serving pool builders, distributors, service professionals and homeowners.

Hayward serves customers in North America and international markets.