The Manufacturers Life Insurance Company Takes $972,000 Position in Hayward Holdings, Inc. $HAYW

The Manufacturers Life Insurance Company purchased a new stake in shares of Hayward Holdings, Inc. (NYSE:HAYW) in the second quarter, according to the company in its most recent filing with the SEC. The firm purchased 56,165 shares of the company’s stock, valued at approximately $972,000.

Other institutional investors also recently modified their holdings of the company. Hantz Financial Services Inc. raised its stake in Hayward by 80.2% in the fourth quarter. Hantz Financial Services Inc. now owns 2,058 shares of the company’s stock valued at $32,000 after purchasing an additional 916 shares in the last quarter. IFP Advisors Inc grew its stake in Hayward by 103.9% in the 4th quarter. IFP Advisors Inc now owns 2,482 shares of the company’s stock worth $38,000 after buying an additional 1,265 shares in the last quarter. Caitong International Asset Management Co. Ltd bought a new position in shares of Hayward in the 4th quarter worth $39,000. Allworth Financial LP bought a new position in shares of Hayward in the 2nd quarter worth $47,000. Finally, EverSource Wealth Advisors LLC raised 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 buying an additional 2,814 shares in the last quarter.

Insider Activity at Hayward

In related news, CEO Kevin Holleran sold 120,000 shares of Hayward stock in a transaction on Wednesday, July 1st. The shares were sold at an average price of $17.28, for a total value of $2,073,600.00. Following the transaction, the chief executive officer owned 701,234 shares in the company, valued at $12,117,323.52. This trade represents a 14.61% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last 90 days, insiders have sold 270,000 shares of company stock worth $4,385,100. 4.73% of the stock is currently owned by company insiders.

Analyst Ratings Changes

A number of research firms have recently issued reports on HAYW. Weiss Ratings raised shares of Hayward from a “hold (c)” rating to a “hold (c+)” rating in a report on Thursday, July 30th. The Goldman Sachs Group reissued a “neutral” rating on shares of Hayward in a research note on Wednesday, July 29th. Cantor Fitzgerald restated a “neutral” rating on shares of Hayward in a research report on Monday, July 6th. Finally, KeyCorp reaffirmed a “sector weight” rating on shares of Hayward in a research note on Monday, July 20th. Two investment analysts have rated the stock with a Buy rating and six have issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Hold” and an average target price of $17.50.

Hayward Stock Up 1.7%

Shares of NYSE HAYW opened at $13.93 on Friday. Hayward Holdings, Inc. has a one year low of $12.93 and a one year high of $17.73. 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 firm’s 50 day simple moving average is $15.19 and its two-hundred day simple moving average is $14.81. The stock has a market capitalization of $2.95 billion, a P/E ratio of 18.82, a PEG ratio of 1.28 and a beta of 1.10.

Hayward (NYSE:HAYW) last posted its quarterly earnings results on Wednesday, July 29th. The company reported $0.26 EPS for the quarter, topping the consensus estimate 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 business’s revenue was up 6.3% compared to the same quarter last year. During the same period last year, the firm posted $0.24 earnings per share. Hayward has set its FY 2026 guidance at 0.840-0.870 EPS. As a group, analysts expect that Hayward Holdings, Inc. will post 0.87 EPS for the current fiscal year.

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.