Hayward Holdings, Inc. (NYSE:HAYW) CEO Kevin Holleran Sells 50,000 Shares of Stock

Hayward Holdings, Inc. (NYSE:HAYW) CEO Kevin Holleran sold 50,000 shares of the stock in a transaction dated Thursday, April 3rd. The shares were sold at an average price of $12.52, for a total value of $626,000.00. Following the completion of the sale, the chief executive officer now directly owns 623,540 shares in the company, valued at $7,806,720.80. This represents a 7.42 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website.

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

• On Monday, February 3rd, Kevin Holleran sold 50,000 shares of Hayward stock. The stock was sold at an average price of $14.52, for a total transaction of $726,000.00.

Hayward Stock Performance

NYSE HAYW opened at $12.21 on Friday. The company has a fifty day moving average of $14.30 and a two-hundred day moving average of $15.04. The company has a market capitalization of $2.64 billion, a PE ratio of 29.07, a P/E/G ratio of 1.87 and a beta of 1.14. Hayward Holdings, Inc. has a 1 year low of $11.54 and a 1 year high of $16.87. The company has a debt-to-equity ratio of 0.70, a current ratio of 2.62 and a quick ratio of 1.69.

Hayward (NYSE:HAYW) last released its quarterly earnings results on Thursday, February 27th. The company reported $0.27 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.24 by $0.03. The firm had revenue of $327.08 million for the quarter, compared to the consensus estimate of $302.76 million. Hayward had a return on equity of 9.93% and a net margin of 9.47%. As a group, analysts expect that Hayward Holdings, Inc. will post 0.6 earnings per share for the current year.

Hedge Funds Weigh In On Hayward

Institutional investors have recently modified their holdings of the business. Blue Trust Inc. increased its stake in Hayward by 30.2% in the fourth quarter. Blue Trust Inc. now owns 2,891 shares of the company’s stock valued at $44,000 after purchasing an additional 671 shares during the period. Harbor Investment Advisory LLC increased its position in Hayward by 98.0% in the 4th quarter. Harbor Investment Advisory LLC now owns 5,099 shares of the company’s stock valued at $78,000 after acquiring an additional 2,524 shares during the period. KBC Group NV increased its position in Hayward by 56.2% in the 4th quarter. KBC Group NV now owns 6,343 shares of the company’s stock valued at $97,000 after acquiring an additional 2,283 shares during the period. Sterling Capital Management LLC raised its stake in Hayward by 61.9% during the 4th quarter. Sterling Capital Management LLC now owns 8,546 shares of the company’s stock valued at $131,000 after acquiring an additional 3,268 shares during the last quarter. Finally, Pacer Advisors Inc. lifted its position in Hayward by 25.4% during the 4th quarter. Pacer Advisors Inc. now owns 10,196 shares of the company’s stock worth $156,000 after acquiring an additional 2,062 shares during the period.

Analyst Upgrades and Downgrades

HAYW has been the topic of a number of recent analyst reports. KeyCorp reissued a “sector weight” rating on shares of Hayward in a research report on Monday, January 6th. Robert W. Baird increased their target price on Hayward from $17.00 to $18.00 and gave the company a “neutral” rating in a report on Friday, February 28th. Wolfe Research downgraded Hayward from an “outperform” rating to a “peer perform” rating in a report on Thursday. Finally, Stifel Nicolaus raised Hayward from a “hold” rating to a “buy” rating and set a $16.50 target price on the stock in a research report on Wednesday, February 5th. Four equities research analysts have rated the stock with a hold rating and one has issued a buy rating to the stock. According to data from MarketBeat.com, Hayward presently has a consensus rating of “Hold” and an average price target of $17.13.

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.