Kevin Holleran Sells 50,000 Shares of Hayward (NYSE:HAYW) Stock

Hayward Holdings, Inc. (NYSE:HAYW) CEO Kevin Holleran sold 50,000 shares of the stock in a transaction on Tuesday, September 1st. The shares were sold at an average price of $13.85, for a total value of $692,500.00. Following the sale, the chief executive officer owned 701,234 shares of the company’s stock, valued at $9,712,090.90. This trade represents a 6.66% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available at this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

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

• On Monday, August 3rd, Kevin Holleran sold 50,000 shares of Hayward stock. The stock was sold at an average price of $15.31, for a total value of $765,500.00.
• On Wednesday, July 1st, Kevin Holleran sold 120,000 shares of Hayward stock. The stock was sold at an average price of $17.28, for a total value of $2,073,600.00.
• On Tuesday, June 30th, Kevin Holleran sold 50,000 shares of Hayward stock. The stock was sold at an average price of $17.07, for a total value of $853,500.00.

Hayward Trading Up 0.1%

Shares of NYSE:HAYW traded up $0.01 during midday trading on Wednesday, reaching $13.62. The company had a trading volume of 2,101,702 shares, compared to its average volume of 2,376,587. The company has a debt-to-equity ratio of 0.59, a quick ratio of 2.49 and a current ratio of 3.33. Hayward Holdings, Inc. has a 1-year low of $12.93 and a 1-year high of $17.73. The firm has a market cap of $2.89 billion, a price-to-earnings ratio of 18.41, a price-to-earnings-growth ratio of 1.29 and a beta of 1.10. The company has a fifty day simple moving average of $15.33 and a two-hundred day simple moving average of $14.86.

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

Institutional Investors Weigh In On Hayward

Hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Royal Bank of Canada increased its stake in shares of Hayward by 36.2% in the first quarter. Royal Bank of Canada now owns 126,506 shares of the company’s stock worth $1,760,000 after acquiring an additional 33,614 shares during the last quarter. Millennium Management LLC boosted its position in Hayward by 6.8% during the first 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 during the last quarter. Jane Street Group LLC grew its stake in Hayward by 8.2% in the first 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 Hayward by 5.1% in the 2nd quarter. Invesco Ltd. now owns 3,061,859 shares of the company’s stock worth $42,254,000 after purchasing an additional 149,155 shares during the last quarter. Finally, EverSource Wealth Advisors LLC increased its position in Hayward by 149.2% in the 2nd quarter. EverSource Wealth Advisors LLC now owns 4,700 shares of the company’s stock worth $65,000 after purchasing an additional 2,814 shares during the last quarter.

Analyst Upgrades and Downgrades

Several equities analysts have weighed in on HAYW shares. Weiss Ratings upgraded shares of Hayward from a “hold (c)” rating to a “hold (c+)” rating in a research report on Thursday, July 30th. Cantor Fitzgerald reaffirmed a “neutral” rating on shares of Hayward in a research report on Monday, July 6th. The Goldman Sachs Group reiterated a “neutral” rating on shares of Hayward in a report on Wednesday, July 29th. Finally, KeyCorp reissued a “sector weight” rating on shares of Hayward in a research report on Monday, July 20th. Two investment analysts have rated the stock with a Buy rating and six have assigned a Hold rating to the company’s stock. According to MarketBeat.com, the stock has an average rating of “Hold” and a consensus target price 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.