Argos Wealth Advisors LLC Invests $883,000 in Hayward Holdings, Inc. $HAYW

Argos Wealth Advisors LLC acquired a new position in shares of Hayward Holdings, Inc. (NYSE:HAYW) in the 4th quarter, Holdings Channel.com reports. The fund acquired 57,172 shares of the company’s stock, valued at approximately $883,000.

Several other institutional investors have also recently modified their holdings of HAYW. Royal Bank of Canada raised its position in shares of Hayward by 36.2% during the 1st quarter. Royal Bank of Canada now owns 126,506 shares of the company’s stock worth $1,760,000 after purchasing an additional 33,614 shares during the last quarter. Millennium Management LLC raised its position in shares of Hayward by 6.8% during the 1st quarter. Millennium Management LLC now owns 486,132 shares of the company’s stock worth $6,767,000 after purchasing an additional 30,763 shares during the last quarter. Jane Street Group LLC raised its position in shares of Hayward by 8.2% during the 1st quarter. Jane Street Group LLC now owns 38,064 shares of the company’s stock worth $530,000 after purchasing an additional 2,885 shares during the last quarter. Invesco Ltd. raised its position in shares of Hayward by 5.1% during 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 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 worth $65,000 after purchasing an additional 2,814 shares during the last quarter.

Hayward Trading Down 3.2%

NYSE HAYW opened at $13.92 on Wednesday. Hayward Holdings, Inc. has a one year low of $13.04 and a one year high of $17.73. The company’s 50 day moving average price is $14.48 and its 200 day moving average price is $15.54. The company has a debt-to-equity ratio of 0.58, a quick ratio of 2.47 and a current ratio of 3.26. The firm has a market capitalization of $3.02 billion, a price-to-earnings ratio of 19.06, a PEG ratio of 1.50 and a beta of 1.14.

Hayward (NYSE:HAYW) last posted its quarterly earnings results on Wednesday, April 29th. The company reported $0.13 EPS for the quarter, beating the consensus estimate of $0.11 by $0.02. Hayward had a net margin of 13.98% and a return on equity of 11.45%. The firm had revenue of $255.22 million for the quarter, compared to analyst estimates of $239.13 million. During the same quarter last year, the firm posted $0.10 earnings per share. Hayward’s revenue for the quarter was up 11.5% compared to the same quarter last year. Hayward has set its FY 2026 guidance at 0.840-0.870 EPS. On average, sell-side analysts predict that Hayward Holdings, Inc. will post 0.86 EPS for the current year.

Wall Street Analysts Forecast Growth

Several research analysts recently issued reports on the company. Jefferies Financial Group restated a “hold” rating and set a $15.00 price objective (down from $16.00) on shares of Hayward in a research report on Tuesday, March 31st. Stifel Nicolaus reiterated a “buy” rating and issued a $19.50 price target (up from $19.00) on shares of Hayward in a report on Thursday, February 26th. Zacks Research downgraded Hayward from a “strong-buy” rating to a “hold” rating in a report on Monday, April 27th. Weiss Ratings downgraded Hayward from a “buy (b-)” rating to a “hold (c+)” rating in a report on Wednesday, April 8th. Finally, Bank of America cut their price target on Hayward from $19.00 to $18.00 and set a “buy” rating for the company in a report on Monday, April 20th. Two analysts have rated the stock with a Buy rating and three have given a Hold rating to the company. Based on data from MarketBeat.com, the stock presently has an average rating of “Hold” and an average target price of $17.50.

Insider Activity at Hayward

In related news, CEO Kevin Holleran sold 52,389 shares of the stock in a transaction on Wednesday, April 1st. The stock was sold at an average price of $13.42, for a total value of $703,060.38. Following the completion of the sale, the chief executive officer directly owned 701,234 shares in the company, valued at approximately $9,410,560.28. This represents a 6.95% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, SVP Susan M. Canning purchased 2,242 shares of the stock in a transaction that occurred on Thursday, April 30th. The stock was bought at an average price of $12.76 per share, with a total value of $28,607.92. Following the completion of the acquisition, the senior vice president owned 103,837 shares in the company, valued at $1,324,960.12. This represents a 2.21% increase in their position. The SEC filing for this purchase provides additional information. In the last three months, insiders sold 119,778 shares of company stock worth $1,745,689. Corporate insiders own 4.73% of the company’s stock.

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.