420,701 Shares in Hayward Holdings, Inc. $HAYW Bought by Madison Asset Management LLC

Madison Asset Management LLC purchased a new stake in Hayward Holdings, Inc. (NYSE:HAYW) during the 2nd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund purchased 420,701 shares of the company’s stock, valued at approximately $7,282,000.

A number of other hedge funds have also added to or reduced their stakes in the stock. Royal Bank of Canada raised its holdings in Hayward by 36.2% in the 1st quarter. Royal Bank of Canada now owns 126,506 shares of the company’s stock worth $1,760,000 after purchasing an additional 33,614 shares in the last quarter. Millennium Management LLC boosted its stake in shares of Hayward by 6.8% during 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 in the last quarter. Jane Street Group LLC boosted its stake in shares of Hayward by 8.2% during 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 in the last quarter. Invesco Ltd. increased its position in shares of Hayward by 5.1% during the second quarter. Invesco Ltd. now owns 3,061,859 shares of the company’s stock valued at $42,254,000 after buying an additional 149,155 shares during the period. Finally, EverSource Wealth Advisors LLC increased its position in shares of Hayward by 149.2% during the second quarter. EverSource Wealth Advisors LLC now owns 4,700 shares of the company’s stock valued at $65,000 after buying an additional 2,814 shares during the period.

Hayward Stock Performance

Shares of HAYW stock opened at $15.09 on Thursday. Hayward Holdings, Inc. has a 12 month low of $12.93 and a 12 month high of $17.73. The stock has a market cap of $3.20 billion, a PE ratio of 20.39, a price-to-earnings-growth ratio of 1.34 and a beta of 1.09. The company has a current ratio of 3.33, a quick ratio of 2.49 and a debt-to-equity ratio of 0.59. The company’s fifty day moving average price is $15.41 and its 200-day moving average price is $14.99.

Hayward (NYSE:HAYW) last released its earnings results on Wednesday, July 29th. The company reported $0.26 earnings per share for the quarter, topping analysts’ consensus estimates of $0.24 by $0.02. The firm had revenue of $318.38 million for the quarter, compared to the consensus estimate of $303.35 million. Hayward had a net margin of 13.83% and a return on equity of 11.61%. The company’s revenue was up 6.3% compared to the same quarter last year. During the same period in the prior year, the firm earned $0.24 EPS. Hayward has set its FY 2026 guidance at 0.840-0.870 EPS. On average, equities analysts expect that Hayward Holdings, Inc. will post 0.87 EPS for the current fiscal year.

Insiders Place Their Bets

In other Hayward news, CEO Kevin Holleran sold 50,000 shares of the company’s stock in a transaction dated Monday, August 3rd. The shares were sold at an average price of $15.31, for a total value of $765,500.00. Following the sale, the chief executive officer owned 701,234 shares in the company, valued at approximately $10,735,892.54. This represents a 6.66% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold a total of 272,389 shares of company stock valued at $4,415,044 in the last 90 days. 4.73% of the stock is currently owned by corporate insiders.

Wall Street Analyst Weigh In

HAYW has been the subject of a number of research reports. KeyCorp reissued a “sector weight” rating on shares of Hayward in a research note on Monday, July 20th. The Goldman Sachs Group reaffirmed a “neutral” rating on shares of Hayward in a research report on Wednesday, July 29th. Cantor Fitzgerald reiterated a “neutral” rating on shares of Hayward in a report on Monday, July 6th. Zacks Research lowered Hayward from a “strong-buy” rating to a “hold” rating in a research report on Monday, April 27th. Finally, Weiss Ratings upgraded Hayward from a “hold (c)” rating to a “hold (c+)” rating in a research note on Thursday, July 30th. Two analysts have rated the stock with a Buy rating and six have issued a Hold rating to the stock. Based on data from MarketBeat.com, the stock has an average rating of “Hold” and a consensus price target of $17.50.

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.