Kevin Holleran Sells 42,857 Shares of Hayward Holdings, Inc. (NYSE:HAYW) Stock

Hayward Holdings, Inc. (NYSE:HAYW) CEO Kevin Holleran sold 42,857 shares of the company’s stock in a transaction dated Wednesday, April 17th. The stock was sold at an average price of $13.34, for a total value of $571,712.38. Following the completion of the transaction, the chief executive officer now owns 522,799 shares of the company’s stock, valued at $6,974,138.66. The transaction was disclosed in a filing with the SEC, which is available at this link.

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

• On Monday, April 1st, Kevin Holleran sold 61,429 shares of Hayward stock. The stock was sold at an average price of $15.14, for a total value of $930,035.06.

Hayward Stock Up 0.3 %

Shares of Hayward stock opened at $13.21 on Friday. The company has a debt-to-equity ratio of 0.82, a quick ratio of 2.13 and a current ratio of 3.02. Hayward Holdings, Inc. has a 52-week low of $9.80 and a 52-week high of $16.04. The stock has a market capitalization of $2.83 billion, a price-to-earnings ratio of 36.70 and a beta of 1.22. The company’s 50 day moving average price is $14.03 and its 200-day moving average price is $12.97.

Hayward (NYSE:HAYW) last released its quarterly earnings results on Thursday, February 29th. The company reported $0.20 earnings per share for the quarter, beating the consensus estimate of $0.18 by $0.02. The business had revenue of $278.50 million for the quarter, compared to analysts’ expectations of $271.47 million. Hayward had a net margin of 8.13% and a return on equity of 9.55%. The firm’s revenue for the quarter was up 7.5% compared to the same quarter last year. During the same quarter in the previous year, the business posted $0.10 earnings per share. Equities research analysts forecast that Hayward Holdings, Inc. will post 0.57 EPS for the current year.

Analyst Ratings Changes

A number of research firms have recently issued reports on HAYW. Jefferies Financial Group cut Hayward from a “buy” rating to a “hold” rating and cut their price objective for the stock from $15.00 to $14.00 in a report on Thursday, January 11th. The Goldman Sachs Group upped their price objective on Hayward from $12.00 to $15.00 and gave the stock a “neutral” rating in a report on Monday, March 4th. TheStreet upgraded Hayward from a “d+” rating to a “c-” rating in a report on Monday, January 22nd. Finally, Stifel Nicolaus increased their target price on Hayward from $13.50 to $14.50 and gave the company a “hold” rating in a report on Tuesday, March 5th. Four research analysts have rated the stock with a hold rating and one has issued a buy rating to the company’s stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Hold” and an average price target of $14.70.

Institutional Trading of Hayward

Large investors have recently added to or reduced their stakes in the stock. Public Sector Pension Investment Board bought a new stake in Hayward in the third quarter valued at $2,202,000. WCM Investment Management LLC boosted its holdings in Hayward by 11.2% in the fourth quarter. WCM Investment Management LLC now owns 2,129,882 shares of the company’s stock valued at $29,179,000 after acquiring an additional 214,991 shares in the last quarter. Landscape Capital Management L.L.C. bought a new stake in Hayward in the third quarter valued at $1,177,000. Barclays PLC boosted its holdings in Hayward by 61.6% in the third quarter. Barclays PLC now owns 128,810 shares of the company’s stock valued at $1,817,000 after acquiring an additional 49,110 shares in the last quarter. Finally, Rhumbline Advisers boosted its holdings in Hayward by 216.9% in the third quarter. Rhumbline Advisers now owns 335,927 shares of the company’s stock valued at $4,737,000 after acquiring an additional 229,926 shares in the last quarter.

Hayward Company Profile

Hayward Holdings, Inc designs, manufactures, and markets a portfolio of pool equipment and associated automation systems in North America, Europe, and internationally. The company offers pool equipment, including pumps, filters, robotics, suction and pressure cleaners, gas heaters and heat pumps, water features and landscape lighting, water sanitizers, salt chlorine generators, safety equipment, and in-floor automated cleaning systems, as well as LED illumination solutions.