Insider Selling: Hayward (NYSE:HAYW) CEO Sells $722,444.31 in Stock

Hayward Holdings, Inc. (NYSE:HAYW) CEO Kevin Holleran sold 52,389 shares of the stock in a transaction on Monday, June 1st. The shares were sold at an average price of $13.79, for a total value of $722,444.31. Following the completion of the transaction, the chief executive officer owned 701,234 shares of the company’s stock, valued at $9,670,016.86. The trade was a 6.95% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

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

• On Wednesday, April 1st, Kevin Holleran sold 52,389 shares of Hayward stock. The stock was sold at an average price of $13.42, for a total value of $703,060.38.

Hayward Price Performance

Shares of HAYW opened at $14.18 on Friday. The company has a quick ratio of 2.47, a current ratio of 3.26 and a debt-to-equity ratio of 0.58. The stock has a market cap of $3.08 billion, a PE ratio of 19.43, a PEG ratio of 1.46 and a beta of 1.12. Hayward Holdings, Inc. has a 12-month low of $12.93 and a 12-month high of $17.73. The business has a 50-day simple moving average of $14.25 and a two-hundred day simple moving average of $15.28.

Hayward (NYSE:HAYW) last announced its quarterly earnings results on Wednesday, April 29th. The company reported $0.13 EPS for the quarter, beating analysts’ consensus estimates of $0.11 by $0.02. Hayward had a return on equity of 11.45% and a net margin of 13.98%.The firm had revenue of $255.22 million for the quarter, compared to analyst estimates of $239.13 million. During the same period last year, the firm posted $0.10 earnings per share. The business’s revenue for the quarter was up 11.5% on a year-over-year basis. Hayward has set its FY 2026 guidance at 0.840-0.870 EPS. Analysts anticipate that Hayward Holdings, Inc. will post 0.86 earnings per share for the current fiscal year.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently modified their holdings of the company. Royal Bank of Canada raised its stake in Hayward by 36.2% during the first quarter. Royal Bank of Canada now owns 126,506 shares of the company’s stock worth $1,760,000 after buying an additional 33,614 shares during the last quarter. Millennium Management LLC raised its position in shares of Hayward by 6.8% in the 1st quarter. Millennium Management LLC now owns 486,132 shares of the company’s stock worth $6,767,000 after acquiring an additional 30,763 shares in the last quarter. Jane Street Group LLC lifted its stake in shares of Hayward by 8.2% in the 1st 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 during the period. Invesco Ltd. lifted its stake in shares of Hayward by 5.1% in the 2nd quarter. Invesco Ltd. now owns 3,061,859 shares of the company’s stock valued at $42,254,000 after purchasing an additional 149,155 shares during the period. Finally, EverSource Wealth Advisors LLC boosted its position in shares of Hayward by 149.2% during the 2nd quarter. EverSource Wealth Advisors LLC now owns 4,700 shares of the company’s stock valued at $65,000 after purchasing an additional 2,814 shares in the last quarter.

Analyst Upgrades and Downgrades

HAYW has been the subject of several recent research reports. Jefferies Financial Group restated a “hold” rating and issued a $15.00 price target (down from $16.00) on shares of Hayward in a research report on Tuesday, March 31st. Weiss Ratings cut shares of Hayward from a “buy (b-)” rating to a “hold (c+)” rating in a research note on Wednesday, April 8th. Stifel Nicolaus restated a “buy” rating and issued a $19.50 price objective (up from $19.00) on shares of Hayward in a report on Thursday, February 26th. Bank of America lowered their target price on Hayward from $19.00 to $18.00 and set a “buy” rating for the company in a research report on Monday, April 20th. Finally, Zacks Research downgraded Hayward from a “strong-buy” rating to a “hold” rating in a report on Monday, April 27th. Two analysts have rated the stock with a Buy rating and three have given a Hold rating to the company. According to MarketBeat, the stock has a consensus rating of “Hold” and a consensus price target of $17.50.

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.