Hayward Holdings, Inc. (NYSE:HAYW) CFO Eifion Jones Sells 75,000 Shares

Hayward Holdings, Inc. (NYSE:HAYW) CFO Eifion Jones sold 75,000 shares of the firm’s stock in a transaction dated Friday, November 8th. The shares were sold at an average price of $16.11, for a total value of $1,208,250.00. Following the sale, the chief financial officer now owns 258,903 shares in the company, valued at approximately $4,170,927.33. The trade was a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink.

Hayward Price Performance

HAYW opened at $15.78 on Thursday. The company has a debt-to-equity ratio of 0.70, a quick ratio of 1.69 and a current ratio of 2.62. Hayward Holdings, Inc. has a 1-year low of $11.16 and a 1-year high of $16.87. The company has a 50-day moving average of $15.03 and a 200-day moving average of $14.19. The company has a market capitalization of $3.40 billion, a P/E ratio of 38.12, a PEG ratio of 2.23 and a beta of 1.19.

Hayward (NYSE:HAYW) last released its earnings results on Tuesday, October 29th. The company reported $0.11 EPS for the quarter, topping analysts’ consensus estimates of $0.10 by $0.01. Hayward had a return on equity of 9.93% and a net margin of 9.47%. The company had revenue of $227.57 million for the quarter, compared to the consensus estimate of $222.88 million. During the same quarter last year, the business posted $0.08 EPS. Hayward’s quarterly revenue was up 3.3% compared to the same quarter last year. Equities analysts expect that Hayward Holdings, Inc. will post 0.61 EPS for the current fiscal year.

Wall Street Analyst Weigh In

HAYW has been the topic of a number of analyst reports. KeyCorp lifted their price objective on shares of Hayward from $17.00 to $18.00 and gave the company an “overweight” rating in a research note on Wednesday, October 30th. Robert W. Baird lifted their price target on shares of Hayward from $19.00 to $20.00 and gave the stock a “neutral” rating in a research note on Wednesday, October 30th. Stifel Nicolaus upped their price objective on shares of Hayward from $15.50 to $16.00 and gave the company a “hold” rating in a research report on Monday, October 28th. Finally, The Goldman Sachs Group lifted their target price on Hayward from $14.00 to $16.00 and gave the stock a “neutral” rating in a research report on Wednesday, October 30th. Four equities research analysts have rated the stock with a hold rating and one has assigned a buy rating to the company. According to data from MarketBeat.com, Hayward currently has a consensus rating of “Hold” and an average target price of $16.80.

Institutional Trading of Hayward

Institutional investors have recently added to or reduced their stakes in the business. Quantbot Technologies LP lifted its position in shares of Hayward by 118.4% in the 3rd quarter. Quantbot Technologies LP now owns 48,550 shares of the company’s stock worth $745,000 after buying an additional 26,324 shares during the last quarter. Dynamic Technology Lab Private Ltd bought a new position in Hayward in the third quarter worth about $556,000. Cerity Partners LLC acquired a new position in Hayward in the third quarter valued at approximately $706,000. Charles Schwab Investment Management Inc. grew its holdings in shares of Hayward by 24.8% during the third quarter. Charles Schwab Investment Management Inc. now owns 1,265,794 shares of the company’s stock valued at $19,417,000 after purchasing an additional 251,788 shares during the last quarter. Finally, Quest Partners LLC raised its position in shares of Hayward by 187.0% during the 3rd quarter. Quest Partners LLC now owns 22,703 shares of the company’s stock worth $348,000 after purchasing an additional 14,793 shares during the period.

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.